The crypto market is rebounding once again, and virtual assets are having significant gains, and different cryptocurrencies are set to hit new all-time highs. Following this, XRP has carried on its upward trajectory after the speculations of spot ETF approvals in the US. At the same time, the overall market
German law enforcement has confiscated €34 million ($38 million) in cryptocurrency from eXch, a crypto-swapping platform tied to the $1.4 billion Bybit hack. Authorities announced the seizure on May 9, calling it the third-largest crypto confiscation in Germany’s history. The Federal Criminal Police Office (BKA) and Frankfurt’s prosecutor’s office led
Trescon’s flagship event, HODL 2025 (formerly World Blockchain Summit), the world’s longest-running crypto and web3 summit series, is set to return to Dubai at the Madinat Jumeirah, on 14-15 May, 2025. As a premier platform for blockchain and Web3 innovation, HODL 2025 will bring together 5,000+ Web3 Innovators and Investors,
With his audacious forecast that Ethereum (ETH) would skyrocket to $5,000 by its 10th anniversary, possibly surpassing its all-time high of $4,891 from November 2021, Tron founder Justin Sun has created waves in the crypto community. Shared on X, this prediction comes as Ethereum gets ready for major network upgrades
The landmark 30th edition of the HODL (Formerly World Blockchain Summit), the world’s longest-running Crypto & Web3 Summit series is set to return to Dubai on 14-15 May 2025 at Madinat Jumeirah. HODL will bring together over 5,000 attendees, including policymakers, regulators, institutional investors, technological innovators, and entrepreneurs to drive
The recent recovery of the crypto market has shifted the red trend to green. Major assets have made steady gains with Bitcoin (BTC) climbing into the $104.2K range, and Ethereum hovering at around the $2.3K range. Meanwhile, Chainlink (LINK) has registered an 8.51% increase. Chainlink opened day trading at a
While cryptocurrencies are rapidly revolutionising financial systems, the Society for Worldwide Interbank Financial Telecommunications (SWIFT) is trying to prevent their misuse to circumvent sanctions by Russia and China. At the London Digital Assets Summit on May 6, Tom Zschach, SWIFT’s Chief Innovation Officer, laid out how the company is enhancing
Dubai, UAE, 9th May 2025, Chainwire
Coinbase has announced a major move in its global expansion strategy by acquiring Deribit, the leading crypto options exchange, in a deal worth $2.9 billion. The transaction includes $700 million in cash and 11 million shares of Coinbase stock, marking one of the largest crypto acquisitions to date. The deal
Ethereum had its biggest single-day increase in four years on Thursday, rising 20% to trade above $2,200 after the Pectra upgrade was introduced. The big move in price is as the crypto tries to catch up with Bitcoin, which has recently crossed the $100,000 mark for the first time in
