Crypto news

CoinspeakerVitalik Buterin Sees AI as Solution to Ethereum’s Biggest Technical Risk It’s not the first time Vitalik Buterin has shared his opinions on how AI could impact crypto. Vitalik Buterin Sees AI as Solution to Ethereum’s Biggest Technical Risk

CoinspeakerOpenAI’s Sora Launch Leads to Strong Rally in AI Tokens over Weekend The launch of OpenAI Sora last Friday has reignited the rally in AI tokens with Worldcoin leading the charge by registering ~200% gains over the last week. OpenAI’s Sora Launch Leads to Strong Rally in AI Tokens over Weekend

CoinspeakerJapan Grants VC Firms Direct Crypto Investment Approval Cabinet’s decision has set the tone for a potential legal reform that will allow Japanese venture capital firms to invest in projects that issue virtual currencies. Japan Grants VC Firms Direct Crypto Investment Approval

Stellar lumen price is attempting a fresh increase from the $0.1110 zone against the US Dollar. XLM price is now trading above $0.1150 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1140 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1180 resistance zone. Stellar lumen price is trading in a positive zone above $0.1150 against the US...

XRP price is attempting a fresh increase above the $0.522 pivot level against the US dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5550 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.565 resistance. XRP price is consolidating near $0.550 against the US Dollar, like Bitcoin. It must stay...

The Financial Conduct Authority (FCA) has issued 450 warnings to companies unlawfully promoting cryptocurrency assets from October 8, 2023, to December 31, 2023. The regulatory agency is currently collaborating with technology firms to eliminate and block unauthorized advertisements across various platforms like websites, mobile apps, and social media accounts. This effort led to the removal of 35 apps from App Stores by the end of December 2023. FCA Battles Illegal Crypto...

South Korea has witnessed a surge in crypto trading, particularly following a market recovery. Correspondingly, authorities in the country received almost 49% more alerts of potentially suspicious transactions from crypto service providers in 2023 compared to the previous year. A paper from the Financial Intelligence Unit (FIU) revealed that South Korea logged 16,076 instances of reported crypto transactions suspected of links to activities like money laundering, market...

The Angel Drainer phishing group reportedly pilfered over $400,000 from 128 crypto wallets using a new tactic. A recent analysis suggests that the notorious entity exploited Etherscan’s verification tool to mask the malicious nature of a smart contract. Blockaid, a popular blockchain security company, disclosed on X (formerly Twitter) that the attack kicked off at 6:40 am on February 12, 2024. Angel Drainer Targets Safe Vault Contract Angel Drainer deployed a malicious Safe...

Robinhood’s quarterly results are in – and they have once again beaten expectations, if only by a marginal amount. Although Robinhood has by no means been spared the aftershocks felt throughout the crypto market and the larger economic sector, things are looking up for the popular trading firm. Revenues Are Up, Costs Are Down Overall, in the fourth quarter of 2023, Robinhood saw a 24% increase in net revenues year-over-year, adding up to a total of $471 million and beating...

Bitcoin (BTC) recently soared past the $50,000 mark for the first time since December 2021 and has remained on the rise, currently trading above $51,900. Analysts from on-chain intelligence platform CryptoQuant have attributed the asset’s rise to high demand from the recently approved spot Bitcoin exchange-traded funds (ETFs). According to CryptoQuant’s latest weekly report, an estimated 75% of new money invested into BTC is coming from ETFs, excluding Grayscale’s GBTC....