Traders Make Huge Profits after Coinbase Faces Pricing Glitch
On August 29, about 1000 Coinbase traders based in Georgia took advantage of a pricing glitch and made significant profits. For about six hours, the local currency, lari, was priced…
As Crypto Market Braces For Volatility, Underrated Altcoin Gains 200%
As the crypto sector braces itself for further volatility in what has been the worst crypto winter to date, one altcoin surpassed expectations with 200 percent growth in just one…
Crypto Fitness App STEPN Denies Reports Of Any Layoffs
The past few months have been especially difficult for various companies in the crypto market. Not only has the crypto market been seeing prices for major crypto assets fall considerably…
Prysmatic Labs, Ethereum’s Core Development Team Has Been Acquired By Offchain Labs
Offchain Labs, which is behind the development of Arbitrum, an Ethereum layer-2 network, has made an acquisition announcement. The company has announced that it has successfully acquired Prysmatic Labs. It…
How Close Are We to Mass Crypto Adoption?
The recent “crypto winter” was a source of apprehension for many cryptocurrency enthusiasts. Several high-profile projects such as algorithmic stablecoin TerraUSD and lender Celsius collapsed, and many major cryptocurrencies made…
The US Treasury Slaps Cryptocurrency With A Fine Of $29.3 Million For Violating Multiple Sanctions
While the US does provide a lot of freedoms to its citizens and companies when dealing with cryptocurrencies, there are certain places where they draw the line. More specifically, they…
Bitcoin Price Has Dipped 5%, Losing Its $20,000 Grip Due To Jobs Data
On October 8, the trading price of Bitcoin traded at a lower trading level. Bitcoin remained in the lower range of its trading price while doing so. During this time,…
Cardano Founder Calls For XRP Regulation As Commodity
With the major crypto lawsuit involving Ripple and the SEC coming to an end, crypto proponents are growing uneasy about the results. If the SEC wins the case, it can…
Police Raids Home Of ‘Bitcoin Sheikh’ Who Stole Millions With Ponzi Scheme
On Wednesday, Brazil’s police raided 20 properties that were associated with the crypto fraud syndicate run by the Bitcoin Sheikh, Francisley Valdevino da Silva. It’s expected that da Silva’s criminal…
GameFi Could Solve Woes Of Unemployment Caused By Increasing Automation
Ninja Syndicate, a Web3 game studio based in Australia, is making waves since the idea of financializing video games came about. Titled GameFi, the concept of play-to-earn, or P2E, will…
Italy’s Registry For Crypto Firms Has 73 Unvetted Companies
While Italy is trying to increase regulatory oversight surrounding crypto, it may be doing less than the bare minimum. Officials report that the country is approving firms’ applications to begin…
McDonald’s In Swiss Town Of Lugano Starts Accepting Crypto Payments
With a population of 63,000 people, the small municipality of Lugano is based in Switzerland’s Italian-speaking region. These days, it’s showing high rates of crypto adoption, making it a hotspot…
Crypto Analyst Pentoshi Expects That Bitcoin Will Likely See Major Win
The anonymous crypto strategist who predicted the end of crypto’s bullish market last year made a startling statement. On Twitter, the strategist, who goes by the name Pentoshi, said that…
An Unnamed Source Claims $10 Million Were Withdrawn By Alex Mashinsky Weeks Before Freezing Funds
An unnamed source has made a claim against the former CEO of Celsius, Alex Mashinsky. According to the source, Mashinsky had carried out a withdrawal from Celsius, a cryptocurrency lending…
US Regulators Are Coming After Crypto – Here’s What To Expect
A plethora of regulatory and legislative actions against the crypto domain and its biggest stakeholders are shedding light on the future of crypto in the US. The crypto industry in…
Coinsbit Establishes Independent Operations In India As Cryptoforce
Coinsbit’s Indian branch announced that it would start operating independently of its global counterpart. Rebranding as Cryptoforce, the company will act as a crypto exchange serving the country’s rapidly growing…
Portland Trail Blazers And StormX Jersey Sponsorship Comes To An End
StormX, a Seattle-based crypto business that allows users to earn crypto cash back on purchases, has ended its uniform sponsorship with the NBA team Portland Trail Blazers. On Friday, a…
Revolut Becomes Highly Crypto Friendly As FCA Has Authorized It To Offer Cryptocurrencies
The Financial Conduct Authority (FCA) of the United Kingdom has recently released a list of firms authorized to offer cryptocurrencies in the country. The reports confirm that Revolut has become…
Sentiments Of Mainstream Media Have Shifted In Support Of Bitcoin As Fiat Currencies Falter
In recent months, commodities, stocks, and forex have suffered tremendously due to the global economic downfall. Despite the dips in the traditional markets, the rival of these trades “Bitcoin” has…
CEO Of Ripple Comments About Progress In Case Between Ripple Labs And SEC
Brad Garlinghouse, the CEO at Ripple talked about the lawsuit that Ripple Labs has been dealing with since December of 2020. He discussed the lawsuit that the US SEC has…