Crypto

In a recent announcement, Binance revealed that it would be halting trading services for several cryptocurrencies. This decision has had a significant impact on the involved assets, leading to price drops and causing uncertainty among users and investors. Binance continues to make adjustments to its offerings, introducing new trading pairs while removing older ones, in
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Ripple recently made headlines by contributing $25 million to the Fairshake super PAC, showcasing its commitment to advocating for pro-crypto policies and politicians. This significant financial injection aligns with a larger industry-wide effort to ensure fair and balanced regulation within the cryptocurrency space. Ripple’s decision to support Fairshake comes at a critical juncture, as the
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Recent geopolitical tensions and inflation have led to a significant shift in the mindset of American voters, with many now considering the stance of political candidates on cryptocurrencies before casting their vote. A survey conducted by Harris Poll, funded by Bitcoin ETF issuer Grayscale, found that one in three U.S. voters will factor in a
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In May, the cryptocurrency sector faced significant losses amounting to $42.6 million due to various factors such as exploits, flash loans, and exit scams. While these losses were substantial, there was some relief as approximately $96.2 million was recovered, mitigating the economic impact to some extent. One of the major contributors to losses in the
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In a fascinating turn of events, a crypto user identified only as Michael recently recovered 43.6 bitcoins that had been lost for over a decade. The story, detailed in a YouTube video, showcases the remarkable efforts of cybersecurity researchers Joe Grand and Bruno, who played a pivotal role in helping Michael regain access to his
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Mastercard has recently introduced its latest innovation, the Mastercard Crypto Credential, aiming to revolutionize peer-to-peer transactions in the blockchain space. This new feature will allow users on various exchanges to send and receive cryptocurrency using simple aliases rather than complex blockchain addresses. By streamlining the process, Mastercard hopes to promote wider adoption of cryptocurrencies and
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The incident at DMM Bitcoin on May 31st highlighted the vulnerability of Japanese cryptocurrency exchanges to cyber attacks. A staggering $305 million worth of Bitcoin was lost due to the hack, with 4,502.9 bitcoins drained from the platform. DMM Bitcoin confirmed the attack but has not provided specific details about how the breach occurred. In
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Recently, the U.S. District Court for the District of Utah made a significant decision regarding the Securities and Exchange Commission’s (SEC) case against Digital Licensing, also known as Debt Box. The court not only dismissed the case but also ordered the SEC to pay approximately $1.8 million in attorney and receivership fees. This ruling has
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Ryan Salame, the former co-CEO of FTX, was recently sentenced to 90 months in prison for various criminal activities. This decision was made by US District Judge Lewis A. Kaplan, who found Salame guilty of conspiring to make illegal political contributions and defraud the Federal Election Commission. The sentencing came as a result of his
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