The cryptocurrency landscape is evolving rapidly, and regulatory frameworks are becoming a focal point for discussions among policymakers and industry stakeholders alike. Hester Peirce, a Commissioner at the U.S. Securities and Exchange Commission (SEC), has articulated a strategic perspective on how the agency should approach cryptocurrency regulation under President-elect Donald Trump. In a recent interview
Crypto
In a significant reveal, Radiant Capital has scaffolded the narrative of its alarming $50 million hack, an incident notably attributed to a hacking faction closely aligned with North Korea. This unforeseen breach, discovered just weeks after it had occurred on October 16, 2024, has pushed the decentralized finance (DeFi) platform into the cybersecurity spotlight. The
In a significant stride towards integrating traditional finance with the burgeoning world of digital assets, Crypto.com, the leading digital asset trading platform from Singapore, has announced a strategic partnership with Deutsche Bank. This collaboration aims to offer an enhanced suite of banking services to Crypto.com users in select regions, including Singapore, Australia, and Hong Kong.
The cryptocurrency market is once again facing significant turbulence, with Bitcoin’s value tumbling below the critical threshold of $95,000. This drop marks the second instance of Bitcoin dipping beneath this level in just a few days, signaling potential weaknesses within the leading cryptocurrency. The broader crypto ecosystem is also reflecting this downturn, with many altcoins
Bitcoin, often celebrated as a digital gold, recently experienced a captivating ascent that saw it breach the $100,000 mark. However, this euphoric uptick was short-lived, as the cryptocurrency plummeted below this critical threshold within a mere 24 hours. This rapid 14% correction within the span of a week can be attributed to long-term holders (LTHs)
In an era marked by rapid advancements in the cryptocurrency landscape, a notable faction within this digital frontier is asserting a formidable stance against perceived regulatory overreach. Tyler Winklevoss, co-founder of the Gemini crypto exchange, has taken decisive action mirroring that of his Coinbase counterpart, Brian Armstrong. Their mutual resolve centers on a common grievance
The world of cryptocurrency has seen a whirlwind of activity recently, particularly concerning Bitcoin’s price fluctuations. Following its inability to maintain a price above the significant $100,000 threshold, concerns have arisen among investors regarding the potential demise of Bitcoin’s bullish trajectory. Notably, while these fears can seem exaggerated, the cryptocurrency market remains characterized by volatility,
Ethereum, the second-largest cryptocurrency by market capitalization, is facing considerable challenges in its bid to break through the $4,000 resistance level. A notable decline of approximately 3% on Monday saw its price settle around $3,850. This price action, while seemingly discouraging, has elicited mixed responses from analysts and traders alike. The prevailing sentiment suggests that
The end of the year often brings a flurry of financial activity as investors assess their portfolios and make strategic decisions. For Bitcoin traders, December presents a unique confluence of seasonal trends and macroeconomic factors that could align favorably for investment. This article will explore the reasons behind Bitcoin’s potential price rally this month and
India has recently stepped up its enforcement of tax regulations within the burgeoning cryptocurrency sector, revealing a significant case of Goods and Services Tax (GST) evasion involving 17 cryptocurrency exchanges. The amount in question—a staggering $99.1 million—has put a spotlight on compliance issues and the challenges faced by the Indian government in regulating the increasingly
The decentralized finance (DeFi) landscape has continually evolved, presenting new opportunities and threats for traders and investors alike. A striking example of the latter is the alarming rise of sandwich attacks, particularly this past November, when 35.5% of blocks on the BNB Chain were affected by such malicious tactics. Sandwich attacks are a form of
On December 5, 2024, Bitcoin’s value surged past the $100,000 milestone, prompting an unexpected reaction from The Financial Times (FT) in the form of an apology. Published on FT Alphaville, the publication’s commentary platform, the article has stirred widespread debate regarding the paper’s long-standing skepticism towards cryptocurrency. The apology, penned by City Editor Bryce Elder,
In an alarming incident reported on December 6, a cryptocurrency enthusiast, known by the username “LeftsideEmiri,” found themselves the victim of a devastating social engineering attack, losing a staggering $300,000. This event highlights a growing concern within the cryptocurrency community regarding phishing scams and compromised digital security. LeftsideEmiri’s account serves as a chilling reminder of
In a bold move set to reshape the NFT landscape, the Pudgy Penguins project has announced the upcoming launch of its own cryptocurrency, dubbed Pengu. Scheduled for release later this year on the Solana blockchain, this new digital currency will feature a staggering total supply of 88,888,888,888 tokens. Unlike the Pudgy Penguins NFTs, which are