The cryptocurrency market, which started 2024 with soaring prices and high enthusiasm, is now in the throes of a dramatic downturn. August has seen an unprecedented surge in liquidations. The fallout has been substantial; a total of $1.12 billion...
Ledger hardware wallet users will soon be able to convert fiat currency into cryptocurrencies and vice versa directly on their devices. The self-custody solutions provider recently announced a new partnership with Revolut to streamline crypto purchases with its solutions....
The government of the City of Santa Monica in California is taking a pioneering step in the cryptocurrency education sector with the launch of a new "Bitcoin Office." This initiative, spearheaded by Vice Mayor Lana Negrete, aims to educate...
Binance has announced its plans to convert a series of delisted tokens to USDC starting September 2. This move affects 15 tokens, including Bitcoin Gold (BTG), Monero (XMR), Tribe (TRIBE), Sologenic (SOLO), Spartan Protocol (SPARTA), and Symbol (XYM), among...
A New York judge has approved a $12.7 billion settlement plan that will see defunct cryptocurrency exchange FTX and its sister firm, Alameda Research, repay their creditors. This settlement, which is part of a larger agreement with the United...
A significant amount of Ether dormant in a wallet linked to the infamous "Plus Token Ponzi 2," appears to be on the move. According to a now-deleted report from blockchain analysis firm Lookonchain, hundreds of wallets that have been...
In response to the recent hack of local crypto exchange WazirX, India's Bharat Web3 Association (BWA) is ramping up efforts to enhance cybersecurity and strengthen consumer protection in the cryptocurrency sector. Local media reports that the BWA has established...
M2, a leading cryptocurrency exchange in the United Arab Emirates, has introduced a new service that enables the country's residents to directly purchase and sell Bitcoin and Ether using their bank accounts. According to a local report, users can...
Defunct crypto exchange Mt. Gox has made significant moves in its ongoing efforts to repay creditors. On Tuesday morning, the exchange transferred 2,239 Bitcoin (BTC), valued at approximately $149 million, to a Bitstamp wallet. This transaction followed two larger...
President Joe Biden's withdrawal from the 2024 presidential race presents a potential opportunity for the United States Democrats to reclaim crypto voters, according to industry commentators. On July 21, Biden officially stepped down, endorsing Vice President Kamala Harris to...
