Crypto news

Investment products offering crypto exposure have surged in popularity since last month, attracting net inflows of $137 million over the last week alone. Meanwhile, trading volumes for such products have soared beyond their yearly average, totalling $2.3 billion last week. Investors Return to Bitcoin Per Coinshares’ weekly report, inflows into digital asset investment products totalled $742 million over the past 4 weeks. That’s the greatest investment rush into the sector...

Popular on-chain sleuth ZachXBT has unmasked another crypto scammer responsible for stealing millions of dollars in digital assets using sophisticated phishing attacks. The thief’s targets included the discord services for DeFi projects such as Orbiter Finance and Pika Protocol. Impersonation and Confiscation In a Twitter thread published on Monday, ZachXBT explained that the attacker, Soup (aka Dan) enacted his scam by impersonating Luke Hamlton – an employee for the crypto...

Bitcoin bull and hedge fund manager Mike Novogratz is again in the news trying to tell everyone that bitcoin and Ethereum are the best long-term investments anyone can take part in. Mike Novogratz Still Loves Bitcoin In a recent interview, Novogratz took issue with the trading volumes for both cryptocurrencies, which appear to be somewhat down at the time of writing. He said bitcoin and Ethereum are the best items a person can invest in over the next several...

Artificial Intelligence (AI) has become ubiquitous, making its presence felt across various sectors. Gradually infiltrating every aspect of human activity, this buzzword, although not entirely new, has captivated the minds of both seasoned tech gurus and novices alike. The integration of the digital asset space and AI was inevitable. Industry players are actively exploring innovative approaches to integrate these two technologies. Hence, the pivot of crypto miners to this...

Bitcoin’s price has exhibited significant volatility recently, surpassing its previous minor swing high while simultaneously encountering substantial rejection. Nonetheless, the price is approaching a crucial area, with the overall price action signalling a bearish outlook. By Shayan The Daily Chart A thorough analysis of Bitcoin’s daily chart reveals the formation of an evident bearish double-top pattern near the major resistance region of $30K. Additionally, the price is...

Nansen – a blockchain data firm based in Singapore – has laid off about 50 people at the time of writing, suggesting the crypto winter is not fully over. Nansen Says Goodbye to Many Employees 2022 was marred by news of many large crypto firms and companies laying off employees. Big names like Gemini in New York and Coinbase joined the ranks, with the latter initially putting off plans to triple its workforce. Originally, Coinbase had the goal to become bigger than...

[PRESS RELEASE – MANILA, PHILIPPINES, July 17th, 2023] AAG, a Web3 infrastructure company, successfully held its maiden live event on June 21, further bolstering the Philippines’ immersion into the Web3 ecosystem. The event, a confluence of Web2 and Web3 aficionados, saw the participation of industry leaders like Lazada, GCash, and DITO CME, along with renowned key opinion leaders (KOLs) and strategic partners. CEO and co-founder of AAG, Jack Vinijtrongjit, emphasized, “AAG’s...

XRP – the native token of Ripple – has been one of crypto’s best performers ever since the enterprise blockchain provider notched a landmark win in its legal battle against the US Securities and Exchange Commission (SEC). According to Kaiko, XRP trades have recently comprised 21% of the total crypto trading volume, leaving BTC in second position with 20%. Ripple’s court victory acted as a catalyst for the native coin of the organization, which has soared by over 55% in the...

[unable to retrieve full-text content]CoinspeakerUS SEC Reviewing All Recent Spot Bitcoin ETF Applications The US SEC has started reviewing all the spot Bitcoin ETF filings re-submitted by all applicants along with a "surveillance sharing" clause. US SEC Reviewing All Recent Spot Bitcoin ETF Applications

[unable to retrieve full-text content]CoinspeakerMeta’s Threads Already Has One-Fifth of Twitter’s Weekly Active User Base The number of downloads and general user base Threads has pulled since launch is expanding and has already surpassed that of Twitter rivals. Meta’s Threads Already Has One-Fifth of Twitter’s Weekly Active User Base