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…
South Korea’s Crypto Market Surges with Altcoin Dominance.
South Korean investors have a strong preference for altcoins and local tokens in their crypto portfolios. South Korea now boasts 6 million crypto investors, comprising 10% of its population.South Korea…
Ireland Grants VASP License to Standard Chartered-Backed Zodia Markets.
Zodia Markets may now provide OTC crypto services to institutional customers.Before the MiCA goes into force, Ireland is shaping up to be a major crypto hub.Zodia Markets, a platform for…
Virtual Asset Management Bill Introduced in Taiwan’s Parliament
The 30-page measure seems to provide reasonable requirements for the sector.The proposed legislation sets a penalty for unlicensed VASPs. The Virtual Asset Management Bill was proposed to the Legislative Yuan,…
Gemini Sues Genesis Global To Recover 60 Million GBTC.
This complaint follows a similar one filed by NYAG Letitia James a week earlier.Gemini has launched an action to acquire possession of the GBTC shares.In a lawsuit against Genesis Global,…
Crypto Exchange Trading Crash Affects CEO of Binance CZ as He Lost $12 Billion From Net Worth.
The Bloomberg Billionaires Index has significantly reduced its estimate of the profits earned by the cryptocurrency exchange Binance, citing a 38% decrease in trading volumes this year. This led to…
Bitcoin’s Recent Rally Sparks Surge in ‘Buy Bitcoin’ Searches in the UK.
Searches for “BlackRock Bitcoin ETF” increased by 250%, indicating a greater interest. British internet users who looked for “buy Bitcoin” increased by an astounding 826%. Searches for “buy Bitcoin” on…
Dogecoin Explodes Over 29% as Investors Aim for Sustained Uptrend
Dogecoin gained over 29% in the past week, reaching $0.0708, making it one of the top-performing coins in the top 10 by market capitalization. DOGE’s recent price spikes have raised…
Bitcoin reach all time high in these 5 countries.
Bitcoin, the world’s leading cryptocurrency, recently made headlines by reaching all-time highs in Argentina, Lebanon, Egypt, Laos, and Nigeria. While it might have gone unnoticed in some regions, it’s essential…
Ethereum Whales Withdraw Record Amounts from Exchanges as Price Pops.
Large Ethereum holders are rapidly withdrawing ETH from centralized exchanges as prices recover above $1,850.Percentage of Ethereum supply on exchanges dropped to 8.41%, the lowest level since Ethereum’s launch in…