Crypto news

Earlier this week, a BreachForums user by the name of Miembro announced the sale of access to a Binance data request portal, built and maintained to accommodate police officers and government officials worldwide in their attempts to track down cybercriminals. The sale has since been paused, owing to a blunder involving a crypto mixer being used by a buyer to send funds to the seller turned out to be an invalid address. Access to De-Anonymized Data However, the sale will...

Genesis, a bankrupt crypto lender, has successfully won a legal bid to prevent its parent company, Digital Currency Group (DCG), from selling or diminishing its ownership stake in the firm until the completion of Chapter 11 bankruptcy proceedings. This move by Genesis is aimed at securing vital tax benefits, which hinge on its continued status within the tax-consolidated group of which DCG is the common parent. Genesis Battles to Preserve $700M Tax Benefit in Reorganization...

The Solana Saga smartphone has garnered the unfortunate title of the worst smartphone of the year, as declared by popular YouTuber Marques Brownlee (MKBHD). Notably, the phone has experienced a surge in demand, leading to a sell-out, which occurred concurrently with an increase in the price of a memecoin developed on the Solana smart contract platform. Solana Saga Phone Labeled ‘Failure of 2023’ In a comprehensive overview of the leading phones of 2023, Brownlee, a prominent...

Bitcoin (BTC) layer 2 blockchain Stacks (STX) has soared again after billionaire investor Tim Draper voiced support for the emerging protocol. Trading for just $1.18 at 7 pm ET on Tuesday, the asset trades for $1.53 at writing time – a 26% rise since the venture capitalist’s comments made the rounds on social media. The Bitcoin Migration During an interview with Coin Bureau earlier that day, Draper named Stacks as the first “showstopper” of a crypto project that he learned...

[PRESS RELEASE – London, United Kingdom, December 20th, 2023] In the ever-evolving cryptocurrency market, a newcomer named Pandoshi is quickly becoming known for its unique methods and rapid success in previous fund raising rounds. Gaining fast recognition within the cryptocurrency community, Pandoshi has already attracted significant investment, demonstrating the confidence that the community has in its future. This venture is notable for its distinctive features and its...

Brian Armstrong, the co-founder and CEO of the largest American cryptocurrency exchange, Coinbase, believes being anti-crypto could have ugly political effects in the upcoming United States elections in 2024. In a Tuesday tweet, Armstrong stated that taking a stand against the novel technology would be “a really bad political strategy” for several reasons, blasting well-known crypto critic Democratic Senator Elizabeth Warren and Republican Senator Roger Marshall for “lobbying...

[PRESS RELEASE – Grand Cayman, Cayman Islands, December 20th, 2023] Solend’s expansion is set to compound Sui’s remarkable DeFi momentum, which has seen TVL grow by over 500% since September. Solend, the top lending and borrowing protocol on Solana, today announced its impending launch on the Sui blockchain, which was created by a team of technology leaders that emerged from Facebook’s blockchain initiative. This new integration marks Solend’s first deployment on a blockchain...

Michael Novogratz, the founder of Galaxy Digital, expressed his opinion on Senator Elizabeth Warren’s stance against the cryptocurrency space on X. The post comes in response to Warren’s announcement of additional support from her colleagues for the Digital Asset Anti-Money Laundering Act, a bipartisan bill aiming to address concerns about the use of cryptocurrencies in illegal activities, including money laundering and drug trafficking. Novogratz Calls Warren A ‘Disingenuous...

Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly on the service. Blockchain network Elastos may have devised a strategy to take advantage of the current high demand for Bitcoin (BTC) staking on its platform. This follows after it launched BeL2, a Bitcoin layer-2 network, in a supposed effort to retain the billions of dollars in BTC volumes that currently flow from the staking tools it offers. According to Elastos developers, BeL2 is an upgrade to the base...

CryptoQuant says factors like the halving, ETF, approval, and rate cuts, could push Bitcoin to $160K next year. Analysts are bullish on the potential of Bitcoin (BTC) for next year, indicating several factors that could pump the price to $160,000. According to a blockchain analytics firm CryptoQuant report, Bitcoin may already be on its way to more than double its current all-time high (ATH). Multi-Factorial Push for Bitcoin, According to CryptoQuant CryptoQuant highlighted several...