Over the past two weeks, the Shiba Inu (SHIB) cryptocurrency has faced significant headwinds, experiencing a troubling decline of approximately 13%. This downturn is primarily attributed to negative sentiment gathering momentum on platforms such as Telegram, coupled with dwindling network activity. Despite a recent minor rebound, SHIB continues to grapple with instability. The current situation
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The ongoing legal saga surrounding Binance, the world’s largest cryptocurrency exchange, underscores a complex interplay between global finance and national jurisdictions. The Nigerian Securities and Exchange Commission (SEC) continues to challenge Binance’s practices, leading to the detention of Tigran Gambaryan, the company’s head of financial crime compliance. Since his detention in February, Gambaryan has faced
In a significant development for the cryptocurrency landscape, Arkham Intelligence is gearing up to launch its own crypto derivatives exchange next month, as reported by Bloomberg News on October 11. This announcement has triggered a remarkable 12% increase in the platform’s native token, ARKM, which has already been experiencing a notable uptrend amid the broader
As Bitcoin consistently hovers around pivotal support levels, the cryptocurrency’s market sentiment appears precarious. Recent data from on-chain analytics firm Santiment reveals a concerning influx of Bitcoin (BTC) to exchanges, raising the alarm for potential sell-offs. The movement of more than 30,000 BTC—equating to approximately $1.83 billion—into exchanges within a short time frame illustrates how
Fidelity Investments, a leading player in the global asset management arena, recently reported a significant data breach that has compromised the personal information of over 77,000 customers. This breach, which unfolded between August 17 and 19, 2024, allowed an unauthorized individual to access sensitive data from two customer accounts, raising serious concerns about data security
The landscape of Web3 is expanding rapidly, and innovative platforms such as the SEED Telegram app are playing a pivotal role in this evolution. As decentralized ecosystems gain traction, SEED offers a unique blend of social interaction and gamification, allowing users to actively participate while reaping substantial rewards. Notably, with the imminent SEED Airdrop scheduled
In the fast-paced world of cryptocurrency and decentralized finance, where understanding the intricacies can prove transformative, the role of a seasoned editor emerges as indispensable. One such figure is Best Owie, who stands as the Managing Editor at NewsBTC. Best exemplifies the profound influence that skilled editorial guidance can have on the dissemination of knowledge
Ethereum (ETH) finds itself at a significant juncture, with its price wavering between critical support and resistance zones. After an unsuccessful attempt to surge past the $2,500 barrier on Monday, the cryptocurrency market has been ripe with anticipation. Investors, traders, and enthusiasts alike are keenly observing the dynamics at play within Ethereum, understanding that the
In an era where digital assets are becoming more mainstream, Ripple Labs has made significant strides in enhancing its digital asset custody offerings. The launch of new features for Ripple Custody signifies the firm’s commitment to meeting an increasing demand for secure storage and management solutions in the fintech and cryptocurrency sectors. This evolution can
Mark Uyeda, a Commissioner at the Securities and Exchange Commission (SEC), has voiced substantial criticism regarding the agency’s handling of cryptocurrency regulation, labeling its approach as a “disaster for the whole industry.” His remarks were made during an Oct. 9 appearance on Fox Business’s “Mornings with Maria.” This admission is crucial, as it highlights growing
