The cryptocurrency market is buzzing with excitement as a brand new stake-to-earn cryptocurrency, Bitcoin BSC ($BTCBSC), prepares to launch. With the presale already hitting the $1.3 million milestone, investors are eagerly anticipating the potential of this token. In this article, we will explore the unique features of Bitcoin BSC and why it has gained significant
Crypto
Global cryptocurrency exchange CoinEx recently fell victim to a major security breach that resulted in a loss of at least $29 million. The hackers targeted the firm’s hot wallets, leaving blockchain investigators alarmed by a series of suspicious transactions. On Tuesday, crypto security platform Cyvers reported the breach and urged CoinEx to immediately suspend all
James Howells, a resident of Newport, has found himself in a battle against the city’s local council in a quest to retrieve his lost treasure. Howells accidentally disposed of a hard drive containing a staggering 8,000 Bitcoin (BTC), and for the past decade, he has been tirelessly attempting to gain access to a landfill site
Grayscale’s recent victory over the SEC has been hailed as a major setback for the financial regulator. However, despite this win, the crypto industry has not witnessed a significant increase in the accumulation of digital assets in the spot market. In fact, data from CCData’s latest report reveals a continued decline in trading volume for
The FTX crypto exchange, which filed for bankruptcy but plans to restart operations, is now looking to recover some of the money it paid to popular celebrities and professional athletes who once promoted the platform. While notable names like Shaquille O’Neal and Naomi Osaka have been mentioned, it is interesting to note that Tom Brady’s
JP Morgan, the prominent American financial services giant, is reportedly developing a new type of token to enhance its cross-border payments and settlements. The multinational firm has made significant progress in establishing the necessary infrastructure for the launch of a deposit token. However, before proceeding, JP Morgan is awaiting regulatory approval from U.S. authorities. The
Crypto lender Celsius Network has taken legal action against EquitiesFirst Holdings by submitting an “adversary complaint” in an attempt to recoup assets from the private lender. The complaint states that EquitiesFirst owes Celsius $439 million, consisting of $361 million in cash and 3,765 BTC as of July 2022. Celsius is seeking injunctive relief and a
Changpeng Zhao, the CEO of Binance, recently dismissed the speculation that the popular TV personality Jim Cramer declared his approval of the largest cryptocurrency exchange. Some crypto proponents joked that this could actually be good news for the trading venue, considering Cramer’s controversial statements and predictions in the past. Jim Cramer, the host of CNBC’s
Bitcoin’s price has long been associated with its four-year price cycles, which align with its “halving” schedule that reduces its inflation rate every four years. However, some analysts argue that this correlation may be coincidental rather than causal. They believe that the cyclical movements of the asset are influenced by macroeconomic conditions rather than the
Cryptocurrency awareness is on the rise globally, with Nigeria emerging as the leader across all continents. According to a recent study conducted by Consensys, a blockchain and Web3 software company, 99% of Nigerians have heard of cryptocurrencies, and an impressive 91% are willing to invest. This article will explore the key findings of the study
