cryptocurrencies

The cryptocurrency market continued its downward trajectory on Thursday morning, reeling under the implications of a failed deal between cryptocurrency exchange Binance and its rival FTX, with prices of major digital assets, including altcoins, trading at levels not seen since November 2020....

Senator Cynthia Lummis (R-WY) has called for clear rules for cryptocurrencies, following the debacle of FTX Token (CRYPTO: FTT), the native token of cryptocurrency exchange FTX. This comes after Binance (CRYPTO: BNB) CEO Changpeng Zhao announced offloading all the tokens in his company...

Cryptocurrency exchange Binance will soon initiate the process of providing proof of reserves, to ensure complete transparency, the firm’s CEO and co-founder Changpeng Zhao on Tuesday said, hours after he announced the acquisition of rival exchange FTX. “All crypto exchanges should do...

Cryptocurrency exchange Huobi Global is accusing decentralized finance (DeFi) protocol pNetwork of staging a “terrorist attack” with a white hat hack just to make $4.5 million. A “white hat” attacker minted $2 billion worth of Gala (CRYPTO: GALA) on the Binance (CRYPTO...

Amid worldwide furor surrounding Tesla chief Elon Musk’s acquisition of Twitter, Binance (CRYPTO: BNB) CEO Changpeng Zhao said the microblogging website did not have a proper business model earlier and that Musk and cryptocurrencies can together unlock innovative business models, that do...

The Chinese government is a “crypto whale” having forfeited digital currencies to the tune of $6 billion to the national treasury in 2019, according to the founder and chief executive officer of blockchain data analytics firm Cyptoquant, Ki Young Ju. Young Ju stated that Chinese...

Terraform Labs founder Do Kwon has been accused by South Korean prosecutors of allegedly instructing one of his employees to manipulate the price of Luna Classic (CRYPTO: LUNC), formerly Terra (LUNA) token. The prosecutors used messenger interactions between Kwon and his...

Popular memecoin Dogecoin (CRYPTO: DOGE) slipped about 10% on the heels that new Twitter owner Elon Musk has reportedly halted work on the social network's crypto wallet. But experts say the current slump is only a “blip” before a long-term rally on the back of increased use...

Cryptocurrency Shiba Inu (CRYPTO: SHIB) has built a loyal following of fans and investors since launching in August 2020. Here’s a look at how much money people who got in at the start have made. What Happened: Shiba Inu launched in August 2020 as a similarly themed cryptocurrency to...

Web3 metaverse project ZTX (ZepetoX) has announced a partnership with Magic Eden, to launch a genesis home non-fungible token sale on the Solana (CRYPTO: SOL) based NFT marketplace. Anyone who registers and claims land on ZTX's platform will receive virtual land for free instead of having to...

For blockchain innovator Ripple Labs (CRYPTO: XRP), the past two years have been fraught with uncertainties on account of the Securities and Exchange Commission (SEC) action in December 2020 regarding $1.3 billion of capital raised by the company’s co-founder Chris Larsen...

Binance CEO and co-founder Changpeng "CZ" Zhao said on Wednesday he was prepared to join Twitter's board of directors as a favor to Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, though he was already very busy with his cryptocurrency exchange. “I’m...

The Dogecoin (CRYPTO: DOGE) blockchain witnessed a wallet dormant since the very beginning of the network (which launched back in December 2013) spring back to life after nearly nine years. What Happened: A wallet holding 2,374,814 DOGE woke up after being inactive...

Huobi Global, one of the top crypto derivatives markets in the world, is moving to the Caribbean. Common law systems and a "super-friendly" crypto stance make the Caribbean a more favorable jurisdiction, the company says.  What Happened: Huobi plans "to go all-in in the...

Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has petitioned a federal court to file an amicus curiae brief intending to support Ripple (CRYPTO: XRP) in its fight against the U.S. Securities and Exchange Commission, contending that the regulator has failed to keep pace with the digital...