The crypto market witnessed a major milestone as the leading banking institution, the Standard Chartered Bank, announced the launch of a trading desk for spot Bitcoin (BTC) and Ethereum (ETH). Two insiders have confirmed that the trading desk will operate from London, as reported by Bloomberg Spot cryptocurrencies including BTC
In a concerning repeat of past events, a wallet labeled “Fake_Phishing189983” has transferred 600,000 USDC to the cryptocurrency exchange Bybit. This same wallet fell victim to a phishing attack 62 days ago, resulting in the loss of $1.58 million, also sent to Bybit. The recurrence of such incidents highlights the
In the past few days, the entire crypto market has been struggling with the consolidated price range as the bears are currently ruling the market. Bitcoin, the largest asset by market cap has experienced a price dip, and couldn’t break the $65K level for a long time. Bitcoin’s market attention
In a recent development highlighting the German government’s involvement in the cryptocurrency space, approximately 6,500 Bitcoin (BTC), valued at over $425 million, were transferred from a government-affiliated wallet to various destinations, sparking speculation about its implications for the market. The transactions, detailed by cryptocurrency analysts and reported on by Arkham,
The prime minister of Montenegro, Milojko Spajic, is in a controversy over his prior investment in Terraform Labs, a collapsed crypto firm founded by Kwon Do-hyung. Imprisoned in Montenegro in connection with the 2022 collapse of the company’s cryptocurrencies. Vijesti, the Montenegrin newspaper, reports a data sheet submitted to the
Referral marketing, a strategy deeply rooted in the traditional business world, has found a vibrant new arena in the cryptocurrency sector. As digital currencies and blockchain technology continue to revolutionize the way we perceive and manage finances, referral marketing has emerged as a powerful tool for promoting cryptocurrency platforms and
The altcoin market is experiencing a prolonged decline, making it a hard time for investors. It is influenced by several factors that have created a complex environment for the assets. The launch and oversupply of new coins play a vital role in the decline, leading to a steep market. According
The crypto market has endorsed the new meme coin, DJT, in the name of former U.S. President Donald Trump. The token on the Solana blockchain has skyrocketed in value amid rumors that it might be Trump’s official token. However, there has been no official announcement from Trump. If the rumor
The Tanzanian Government has announced amendments to its Income Tax Act including a 3% tax for crypto traders recently. Notably, the Tanzanian government has made further advancements to its finance system in the following days. According to the proposal, the Minister for Finance, Dr. Mwigulu Lameck Nchemba Madelu, suggested amendment
The altcoin market is experiencing high bearish pressure, with major cryptocurrencies seeing notable declines. Ethereum (ETH), the leading altcoin has dropped 4% in the past twenty-four hours, hitting a one-month low of $3,355. Despite this price drop, trading volume has surged by 83%. Other notable coins in the altcoins’ red
