Crypto news

Crypto Finance, a leading provider of institutional-grade investment solutions, custody, and brokerage for digital assets, has successfully connected with TS Imagine, a leading global provider of trading, portfolio, and risk management solutions, to offer institutional clients enhanced connectivity and liquidity in cryptocurrency trading. TS Imagine is the leading global, cross-asset provider of trading, portfolio, and risk management solutions for sophisticated investors. Through this...

EOS price started a fresh decline below the $1.20 level against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1.080 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $1.08 and $1.10 resistance levels. EOS price is struggling below $1.12 against the US Dollar, unlike Bitcoin. The price...

Litecoin started a fresh decline below the $92 zone against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support near $96 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $92 resistance zone. Litecoin price is struggling below $92 against the US Dollar, similar to Bitcoin. LTC price could continue...

Hodlnaut, a crypto lending platform that went under due to crypto winter, has been under judicial management since August 2022. This decision shielded the firm from lawsuits that it would have had to deal with in return for far greater scrutiny from regulators. Terraform Labs Exposure Was The Main Culprit According to Hodlnaut’s leadership – who allegedly destroyed several documents indicating the full extent of their exposure to Terraform Labs – the main reason for their...

Christopher Giancarlo– former chairman of the Commodities and Futures Trading Commission (CFTC) thinks that the outright opponents of central bank digital currency (CBDC) are mostly wasting their breath. During a speech at Consensus 2023 on Wednesday, he argued that government-backed digital dollars are largely inevitable, and will certainly exist in a world alongside private market stablecoins.  The Growth of CBDCs The former politician – commonly referred to as “Crypto Dad”...

The digital copy of Satoshi Nakamoto’s Bitcoin whitepaper was an Easter egg that was located earlier this month embedded within a test scanner app on macOS. But Apple has now removed it from the latest beta version of its operating system. With the removal of the test scanner app called Virtual Scanner II from the beta, the Bitcoin white paper – along with all the other elements it was bundled up with – is also gone. According to a report, the document will no longer be...

It appears that the bulls may have celebrated too early, as the cryptocurrency market took a turn for the worse. After having surged to $30K earlier today, the price took a sudden u-turn and plummeted to $27K in less than an hour. This left close to $200 million in liquidated leveraged positions in the past hour alone. Upwards of 90% of the liquidations in the past hour were longs, accounting for more than $157 million. Binance and OKX account for the majority of the volume....

Jeremy Allaire – CEO of Circle Internet Financial Ltd. – argued that US investors could soon relocate due to the lack of proper regulations and the growing banking crisis. The collapse of Silicon Valley Bank (SVB) in March caused severe issues for the stablecoin issuer. USDC de-pegged from its $1 fixed valuation to as low as $0.87 after Circle revealed a massive $3.3 billion exposure to the financial institution. However, it coped with the problem, assuring that investors...

Ethereum-based decentralized exchange (DEX) Merlin, which uses zero-knowledge sync (zkSync), has lost more than $1.8 million in a liquidity pool exploit hours after smart contract security firm CertiK audited its code.The hack occurred on Wednesday morning during the public sale of Merlin’s native token, MAGE, with the attacker siphoning several assets, including USD Coin (USDC), Ether (ETH), and other illiquid tokens. Merlin’s LP Drained After Code Audit A few hours after...

The Securities and Exchange Commission (SEC) is going after Justin Sun of Tron fame and a wide array of celebrities he hired to at one point, serve either as promoters or brand ambassadors for the company. The SEC Is Going After Tron At the time of writing, securities fraud charges have been filed against Tron, the famed crypto company. In addition, several well-known figures – including musician Lindsay Lohan and internet personality Jake Paul – have been caught up in...