Bitfinex, a crypto exchange, observed a decline in Bitcoin (BTC) tickers, down to $66,525, attributing it to miners selling their reserves before the halving event. This […]
Hardcore Bitcoin holders demonstrated their confidence in the cryptocurrency by adding a record $1.7 billion worth of BTC to ‘accumulation’ wallet addresses in a single day, […]
Bitcoin’s price has declined by over 7% in the last 24 hours, resulting in losses of $256 million for traders with long positions. Despite this, analysts […]
Binance, a cryptocurrency trading platform, has removed the Nigerian currency, the naira, from its peer-to-peer (P2P) service amid the Nigerian government’s crackdown on the exchange. This […]
The United States government has conducted transfers totaling $922 million worth of Bitcoin from two cryptocurrency wallets that held funds seized from Bitfinex in 2016. […]
Spot Bitcoin exchange-traded funds (ETFs) in the United States have achieved a new milestone, recording a cumulative daily inflow of $676.8 million, marking an all-time high […]
In a recent development, the stablecoin protocol Seneca fell victim to an exploit, resulting in the theft of approximately $6.4 million in digital assets. This incident, […]
The Central Bank of Nigeria (CBN) has raised concerns about “suspicious flows” of funds through Binance Nigeria in 2023, signaling heightened scrutiny of the cryptocurrency exchange […]
The Hong Kong government has decided to allocate $3 billion Hong Kong dollars ($383 million) to its Cyberport business park as part of a three-year artificial […]
Seneca Protocol, a decentralized finance (DeFi) lending platform and stablecoin issuer, has fallen victim to an exploit, resulting in estimated losses of $6.4 million. The incident, […]
The crypto industry continues to grapple with cybercrimes, with darknet markets emerging as one of the notable categories showing an increase in revenue in 2023. According […]
In a bold move to raise awareness for global financial literacy, 23-year-old crypto user Dadvan Yousuf has announced plans to display an orange flag adorned with […]
Hyperbitcoinization is a term initially coined in a 2014 Satoshi Nakamoto article by Daniel Krawisz. The phrase is used to describe a situation where Bitcoin is […]
The debate around central bank digital currencies (CBDCs) has been raging on for the last year, and governments across the world have been studying and researching […]
In a pioneering attempt to allow its banks to buy, hold and sell Bitcoin and other cryptocurrencies, German lawmakers have passed a bill which amends a […]
As the narrative for Bitcoin shifts from payments to investments, one has to adequately measure the implications of such a widespread shift in mentality and perspective. This […]
TD Ameritrade is a huge trading platform that allows the exchange of multiple financial assets, including cryptocurrency. Recently, the financial giant interviewed a CoinDesk representative about […]
In an initiative that would open up the Grayscale Bitcoin Trust (GBTC) to a large number of Bitcoin investors who would otherwise not be allowed to […]
Even as the Bitcoin price hit a six-month low of $6,785 on November 22, in stark contrast, Bakkt’s physically-settled Bitcoin futures platform has burst through the roof […]
Bitcoin is currently trading around $7,000. But many are predicting that it is the perfect time to buy the crypto asset for various reasons. The Bitcoin […]