Appeals Against Acquisition of Voyager The U.S. Department of Justice and the U.S. Attorney’s Office for the Southern District of New York have filed an appeal against the court’s decision to approve the acquisition of Voyager Digital by cryptocurrency exchange Binance US. A bankruptcy court judge approved a restructuring plan for bankrupt cryptocurrency investment platform […] [Read More...]

Silvergate bank in a filing on Wednesday said losses might leave it with less capital than it needs. The bank recently closed its SEN Platform which institutions used to move money to crypto exchanges. Coinbase, Galaxy, and Paxos have stopped accepting transfers via Silvergate Network. USDC stablecoin issuer Circle has today announced that it has […] [Read More...]

These fake cryptocurrency trading volumes (albeit fraudulent in some cases) give us a glimpse that the dream of cryptocurrency price surges is alive and well. The measures against stablecoin Binance USD (BUSD) and its issuer Paxos are specific to BUSD and cannot be applied to other stablecoins such as USD Coin (USDC), the investment firm […] [Read More...]

According to charting platform TradingView, Bitcoin is likely to see its first golden cross since September 2021 within two weeks—here’s a digest of this week’s top news. Ethereum (ETH) turned into deflation two weeks ago, posting negative net additions for the first time in over a month. According to ultrasound.money, the net supply or annual […] [Read More...]

Faces class action lawsuit over IPO Investors in UK-based listed crypto asset (virtual currency) mining company Argo Blockchain filed a class action lawsuit against the company on the 26th. At the time of Argo’s September 2021 IPO, the documents filed contained “untruthful, false or misleading statements” and were not prepared according to the regulations. For […] [Read More...]

Bitcoin (BTC/USD) rallied to highs of $21,321 on Coinbase early Saturday as bulls pushed on from the breakout above the $20,000 mark. It was the first time since the brutal dump in November following the collapse of FTX that Bitcoin price had posted such gains. The flagship cryptocurrency has registered seven consecutive green candles on […] [Read More...]

Investor Kevin O’Leary is a hired FTX spokesperson in the ongoing FTX hearing. O’Leary has asserted that Binance was behind the collapse of FTX. Kevin however told the committee that that was an opinion and didn’t have records. Kevin O’Leary, a hired FTX spokesperson, on Wednesday told the US Senate Committee hearing on the collapse […] [Read More...]

Ethereum gained 2% to maintain above support Ethereum has been witnessing whale accumulation at $1,230 The cryptocurrency still lacks a directional bias as sellers remain active Ethereum (ETH/USD) rose more than 2% on Friday, cementing a position above $1,250 support. The recovery saw ETH trade to a price of nearly $1,300 before falling slightly. However, […] [Read More...]

Meta announced this week that it would soon allow Instagram users to mint and sell Polygon-powered nonfungible tokens (NFTs). Instagram users to mint and sell NFTs Meta, Facebook’s parent company, announced this week that Instagram users would soon be able to mint and sell NFTs on the social media platform. The social media giant added that […] [Read More...]

Binance says ‘Winny the Web3 Witch’ will help ‘take the creepy’ out of crypto and Web3. Binance has unveiled a new educational series it says should do the trick when it comes to the latest efforts towards proving crypto isn’t as scary as it is painted to be.  It’s Hallowen season and the creepers are […] [Read More...]

Bitcoin (BTC/USD) traded above $19,200 late afternoon on Friday, with bulls looking to hold onto gains after the latest flip from lows around $18,700. There were also marginal gains for most top 10 altcoins, with Ethereum adding 2% and Cardano up 3%. XRP was up 4%, at the time of writing, following the positive news […] [Read More...]