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Search Results for: halving

FTX Seeks to Recover $71M From Its Philanthropic Arm

FTX, one of the leading crypto exchanges, and Alameda hope to recover more than $71 million from FTX’s philanthropic arm. The bankrupt firm is taking steps to recover the funds for its customers.  FTX Foundations announced their partnership with Latona. According to the case file, through the partnership, Latona has

July 20, 2023 2 mins read

Litecoin (LTC) Price Showcases Strong Potential for Trend Reversal

LTCUSDT, the Litecoin to Tether trading pair, has experienced a notable journey in recent times. After showcasing impressive performance with a remarkable 750% return from January 2020 to April 2021, the cryptocurrency faced a significant hurdle in surpassing its recent high of $413. This resulted in a bearish trend lasting

July 17, 2023 3 mins read

Binance Introduces Multiple Deposit Addresses for a Single Network Feature

A new feature that will enable customers to obtain several deposit addresses for a single network has been unveiled by Binance. At launch, it supports ERC20 tokens issued on the Ethereum network as well as tokens issued on Ethereum-compatible networks such as Arbitrum One and BNB Smart Chain. In the

July 17, 2023 2 mins read

U.S SEC Counters Coinbase’s Claims in Recent Filing, Find Out!

U.S. Securities and Exchange Commission (SEC) argues in a new filing revealed on Friday that Coinbase knew years ago that federal securities laws would apply to its listings. In response to a filing by Coinbase, in which the company contended that the regulator lacked the power to sue it, the

July 8, 2023 2 mins read

Twitter Accounts of Aptos Network Hacked To Promote Fake Airdrop

It seems that a Twitter account belonging to the Aptos Foundation has been hacked, with the perpetrators sending followers to a false website advertising the opportunity to take part in a phoney airdrop. The hacker tweeted that everyone who joined the airdrop will be able to claim free APT on

July 7, 2023 2 mins read

CFTC Reports Insolvent Celsius and Former CEO of Violating U.S. Rules

Bankrupt crypto lender Celsius and its former CEO Alex Mashinsky allegedly infringed many United States rules before the company’s collapse in 2022, as found by investigators from the Commodity Futures Trading Commission (CFTC). Attorneys from the CFTC’s enforcement section reportedly determined that Celsius deceived investors, failed to register with the

July 6, 2023 1 min read

Bakkt Eyes Global Expansion Amid Regulatory Uncertainty in U.S

Bakkt CEO Gavin Michael has said that the business is considering expanding internationally to Hong Kong, the United Kingdom, and the European Union. This is because of the absence of a stable regulatory environment in the United States. The CEO stated: “We’re particularly focused on Hong Kong, the UK and

July 6, 2023 2 mins read

Litecoin (LTC) Holding Patterns: Report Indicates 13% of Supply Remains Dormant

IntoTheBlock, an on-chain data vendor, recently shared intriguing information about Litecoin (LTC), often referred to as “digital silver.” According to their findings, leading up to the upcoming halving event, a portion of Litecoin wallets has held approximately 13% of the circulating LTC supply without any movement for a span of

July 4, 2023 1 min read

Surprise Transfer of $16M in LTC Sparks Speculation and Excitement

Surprisingly, the popular cryptocurrency exchange Binance has witnessed a substantial transfer of 144,396 Litecoin (LTC), amounting to a staggering $16,053,446. This unexpected transaction has raised eyebrows in the crypto community, triggering speculation about its motive and destination. 🚨 144,396 #LTC (16,053,446 USD) transferred from #Binance to unknown wallethttps://t.co/woOyDwBx8f — Whale

July 2, 2023 2 mins read

Canadian Government Removes Cap Limit on Litecoin (LTC) Trading

The Canadian government has approved the unrestricted trading of Litecoin (LTC) and three other cryptocurrencies on exchanges, marking a major breakthrough for the Canadian crypto sector. Litecoin’s price has surged recently, hitting a 14-month high and breaking the $100 threshold. The House of Commons Standing Committee on Industry and Technology

July 2, 2023 1 min read