Latest news in crypto
Kendrick said the liquidation of leveraged positions has cleared a pathway for the crypto market to trend higher and that the market is poised to move up from its current…
When The Peer, a Nigeria-based API startup, shut down in April, the business still had up to twenty months of runway. The shutdown, which its founders blamed on an inability…
Most altcoins have suffered even more, including SOL, DOGE, ADA, SHIB, and AVAX.Bitcoin’s price stood tall above $66,000 for a few days and even challenged $67,000 on a couple of…
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month…
Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive unlawful…
PDVSA’s adoption of USDT has surged since the U.S. reinstated sanctions amid concerns about Venezuela’s upcoming election.Tether has announced that all wallets associated with Venezuela’s attempts to bypass U.S. sanctions…
CZ’s initial plea agreement capped his potential sentence at 18 months, however, he may now face a lengthier sentence.The U.S. Department of Justice (DOJ) has recommended a three-year prison sentence…
DeGods migrated to Ethereum in March 2023, a move coinciding with the collapse of FTX/Alameda. DeGods, the NFT project that once held the highest market value on Solana, is contemplating…
The Venezuelan government is once again turning to crypto to circumvent US sanctions, this time, in its oil and gas sector.Venezuela’s state-owned oil and gas company PDVSA is reportedly planning…
With chip development now undergoing its full tapeout, Block has also announced work on its own full Bitcoin mining system. Jack Dorsey’s fintech company Block Inc. announced on Tuesday that…
