2023 Is One of the Toughest Crypto Years. Here’s Why!
The total crypto value hacked in 2023 stood at $7.21 billion.DeFi accounts for $5.53 billion, while bridges lose $2.66 billion.Cryptocurrency adoption has been on the rise recently, but it comes…
Ethereum’s Price Trading in Confined Range Eyeing Breakout
Amid the recent upsurge, the price is up 11% in the last 7 days. If the bears drive the price below $1762 level, then price will head towards $1671 level.The…
Binance Strengthens User Security With Launch of BNB SafeWallet.
Binance claims that its wallet is a safe and simple solution for consumers.The first step is to visit the website and create a “Safe” there.Crypto exchange Binance has released the…
Shiba Inu Witnesses Massive Outflows as Whales Book Profits.
The recent price drop might be the catalyst for a subsequent price increase for SHIB.Rapid withdrawals from exchanges or sales from “whale” addresses are two possible causes.Shiba Inu had an…
DeFi Oversight: Consensys Advocates for Nuanced Approach Following IOSCO’s
MetaMask’s parent firm, Consensys, has commented on IOSCO’s proposal to identify “responsible persons” in DeFi projects.As different jurisdictions gear up for regulations on the digital asset sector, DeFi remains a…
New Study Reveals American’s Sentiment on the Crypto Industry.
As per a Coinbase study, younger Americans embrace crypto as an opportunity, with 38% believing in blockchain’s potential. Older generations show 26%.In a recent study conducted by Coinbase, a paradigm…
CEX Spot Trading Volume Dropped 20% in Q3 2023.
Analysts said last quarter was a turbulent one for crypto exchanges.The top 10 centralized crypto exchanges (CEXs) recorded a spot trading volume of $1.12 trillion in Q3 2023, indicating a…
South Korea’s Crypto Craze: 6 Million Investors and the Rise of Centralized Exchanges.
Approximately 10% of the population in South Korea have made investments in cryptocurrency.South Korea has emerged as a global hotspot for cryptocurrency investment in recent years, according to a recent…
Ripple CEO Criticizes Former U.S SEC Chairman Jay Clayton.
Clayton blasted current SEC Chairman Gary Gensler for his handling of proceedings.The former SEC chairman departed the SEC days after the Ripple case was filed.When it comes to debates over…
Not Just Crypto: Australian Police Unravel Currency Exchange Laundering Nearly $230 Million in Illegal Funds.
AFP uncovered Long River syndicate, laundering $229 million through 12 establishments in Australia. 7 arrests were made in Melbourne. The Australian Federal Police (AFP) has uncovered a money laundering syndicate,…