Crypto news

The Securities and Exchange Commission has been in the crypto community’s minds for the past few years, mainly due to the attacks it launched against numerous companies and projects. Now, though, the agency is expected to finally greenlight a spot Bitcoin ETF in the US after a decade of rejecting all proposals. ETF Next Week? The start of the new year began a lot of hope for crypto investors and all the companies that have filed with the SEC to launch a spot BTC ETF in the...

Bitcoin ETF applicant VanEck has pledged to donate 5% of its fund’s profits to Bitcoin Core developers, pending approval to launch by the U.S. Securities and Exchange Commission (SEC). The commitment could serve as a major lifeline for developers of the first crypto network, who are known to suffer a dearth of funding or financial incentive for their work. VanEck’s Bitcoin Promise VanEck has been an active ETF and mutual fund manager since 1955, holding $76.4 billion in...

ACE Exchange, one of Taiwan’s largest crypto trading platforms, is reportedly under investigation for alleged fraudulent activities, with local authorities estimating the value of the fraud to be over $32 million. However, the company clarified that its employees were not involved in the alleged fraud case. ACE Exchange Founder Arrested for Fraud Allegations According to local news outlet Liberty Times, Taiwanese police arrested the founder of ACE Exchange, David Pan, and 13...

In January of 2023, YouTuber CoffeeZilla posted a three-part series on Logan Paul’s CryptoZoo project. To participate in the upcoming game of the same name, customers had to purchase egg NFTs, which would then hatch, allowing the purchaser to play with and breed the animal. Rumors of a Rugpull However, the social media accounts associated with the platform had gone dark, and Logan Paul allegedly avoided talking about the project. After CoffeeZilla’s videos on the subject,...

[PRESS RELEASE – Dublin, Ireland, January 5th, 2024] The web extension, patented in the U.S. and U.K., is now available for pre-order in a limited, pre-sale event. Lack of online data security globally In today’s almost entirely digitised, cyber world, it’s imperative that private data and passwords remain secure and protected at all times. According to Business Insider (2022), Bitcoin investors are likely to lose up to $545 million in 2023, owing to various reasons like...

Several crypto exchanges have joined the Bitcoin Ordinals solutions provider, UniSat Wallet, to support the upcoming BRC-20 Ordinals Jubilee upgrade amid growing friction within the BTC community. According to an official announcement, KuCoin will be among those. The exchange’s decision comes within 24 hours after OKX informed the crypto community about its support as well. Both platforms will suspend deposits and withdrawals of BRC-20 tokens by 10:00 am UTC on January 5, to...

This week has been quite eventful in terms of Bitcoin’s price action. In general, the total market capitalization increased by some $20 billion, which came on the back of a slight uptick in BTC. Most of the altcoins are trading in the red, so let’s have a look at what happened. First things first, Bitcoin is currently sitting at slightly below $44K, registering an increase of 2% for the past seven days. This also makes it the best performer from the top 10… by far. The week...

Bitcoin saw the largest surge in transactions exceeding $100,000 in almost two years. According to prominent crypto analyst Ali Martinez, the 16,900 large transactions on January 4th can be used as an indicator of whale activity in the Bitcoin market, providing valuable perspectives on the potential positions of these influential participants in the crypto market. Bitcoin’s Whales on The Move The increase in transactions involving substantial amounts coincides with a period...

Prominent blockchain security firm CertiK’s X account (previously Twitter) was hacked on January 5th. The compromised account, with a follower count of 342,900, stole crypto from users’ wallets through carefully disguised phishing links. One of the links posted falsely asserted that a vulnerability had been identified in Uniswap’s router contract. The misleading tweet urged users to visit a fake RevokeCash page, claiming it would enable them to reverse any vulnerable...

Bitcoin bounced back from the flash crash earlier this week after reports on the potential rejection of a widely anticipated spot ETF approval in the US. While investors have maintained a positive outlook, BitMEX founder Arthur Hayes has offered a cautious perspective on the future of the asset. In fact, the prominent commentator is gearing up for a “vicious washout of all the crypto tourists” in March of this year, with a potential correction in the range of 20% to 30%....