The American entrepreneur Vivek Ramaswamy, who is one of the US Presidential nominees of the Republican Party, thinks Grayscale’s court victory against the SEC is positive news that could keep Bitcoin and blockchain innovation within the States rather than see it relocate abroad. The 38-year-old businessman has presented himself as a proponent of the primary cryptocurrency and a critic of the possible launch of a central bank digital currency (CBDC) in America. Praising...
Read More »Robhinood Holds the 5th Largest ETH Wallet Worth Over $2.5 Billion: Data
US-based investing and trading platform giant Robinhood has been identified as the owner of the fifth largest Ethereum (ETH) wallet address, accounting for the second-largest crypto holding in its portfolio after Bitcoin (BTC). The company’s wallet app recently added support for Bitcoin and Dogecoin while including an Ethereum swap feature. Robinhood Has 1.493 Million ETH in its Cold Wallet Data by Arkham Intelligence shows that a Robhinhood cold wallet address holds...
Read More »10 Crypto Ideas That Should be Developed in Bear Market, According to Coinbase’s Brian Armstrong
Brian Armstrong, the CEO of Coinbase, revealed a list of ten ideas that he’s most interested in and hopes that developers turn these ideas into reality amidst the bear market. Despite mounting regulator pressure on the home turf, Armstrong said Coinbase has its hands full with different projects and “doesn’t have time to tackle everything.” The exec stated that the lackluster prices are the optimal time for delving deep into building new projects. In the latest blog post,...
Read More »Bitcoin Slinks Back to $26k Triggering $100 Million In Liquidations
Bitcoin’s rally to nearly $28,000 this week was short-lived. On Thursday, the top crypto asset fell back to $26,300, which was roughly its level before the pump. According to Coinglass, the price dump has triggered $103.58 million in liquidations over the past 24 hours, including $3.12 million liquidation on Bybit.In total, over 34,700 traders were liquidated by the price drop. The collapse comes shortly after a brief rally for Bitcoin on Tuesday, when Grayscale confirmed a...
Read More »North Korea Hacks Crypto Software Platform Jump Cloud
Hackers in North Korea have allegedly garnered illicit entry into the U.S. software company Jump Cloud and have targeted crypto clients. North Korea Again Seeks to Garner Crypto Hackers from North Korea trying to steal crypto is nothing new. There are many state-based hackers in the Asian country who are working hard to garner illicit funds so North Korea can continue to fund and build its ongoing nuclear program. It’s estimated the nation has stolen billions of...
Read More »US Judge Dismisses Class Action Suit against Uniswap
Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the exchange for allowing scam tokens on its platform. The individuals claimed to have bought scam tokens EthereumMax...
Read More »Elon Musk Teases at Audio and Video Features of X
The launch of these new audio and video features on X comes after Musk confessed that there are no more great social media apps currently. Only a few weeks after Twitter’s former Chief Executive Officer (CEO) Elon Musk renamed the social media platform to X, he has now announced the coming of new features to the app. Some of the expected features are audio and video calls but the specific date of their launch remains unknown to members of the public. According to Musk, these new features...
Read More »How Did Gary Gensler Trap SEC in an APA Maze of Its Own Making? (CoinShares Report)
As the US Securities and Exchange Commission (SEC) faces mounting political pressure to greenlight a bitcoin ETF following its recent court loss, there’s an opposing viewpoint that insists on maintaining the current stance. However, CoinShares product head Townsend Landing believes the financial regulator is stuck in a maze of its own making. ‘Hoist With His Own Petard’ The Court, comprising three judges, each representing different political inclinations, reached a unanimous...
Read More »This is the Crucial Level SHIB Must Break to Turn Bullish: Shiba Inu Price Analysis
Shiba Inu’s native token has been demonstrating bearish price action over the past few weeks since getting rejected at a critical resistance level. Yet, a more severe decline may still occur in the short term. Technical Analysis By Edris The SHIB/USDT Chart On the USDT-paired chart, the price has been rejected from the $0.000011 resistance level, leading to an impulsive drop below the 50-day and the 200-day moving averages located around the $0.0000085 and $0.0000095 levels,...
Read More »Eyeball Games Gets Over $1 Million to Create Blockchain Version of Pool
Eyeball Games has recently gotten its hands on roughly $1.5 million in new funds to establish its new blockchain pool game. Pool Comes to the Blockchain We’ve likely all played pool. Whether it was at a friend’s or relative’s house, or because we were up one night at a bar with our amigos and we decided to get the billiard sticks out of the corner, we likely all have experience knocking a few balls around and pushing them into “side pockets,” but for those that...
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