KuCoin to Exit New York and Pay $22 Million in Settlement Deal.
KuCoin will no longer serve the New York market, as part of its settlement deal with the NYAG. Major crypto exchange KuCoin has reportedly settled with New York authorities to…
What’s Driving the Crypto Bull Market? Circle CEO Weighs In.
BlackRock’s ETF, technological progress, and clearer regulations are all injecting confidence back into the crypto market, according to Jeremy Allaire.Bitcoin (BTC)’s appeal among investors is rising as both a store…
OKX Dex Hacked Via Compromised Proxy Wallets.
The attack, however, was stopped before serious damage could occur. OKX, a popular decentralized exchange aiming to reduce cross-chain friction, was hacked earlier today by an unknown bad actor. Whereas…
China Ready to Launch Blockchain-based Identity Verification System
The RealDID service would let customers sign up for and access websites anonymously. The official state media said this would allow for more public oversight and boost legitimacy. Data privacy…
Binance’s Market Share Drops Amidst Recent Regulatory Woes.
Binance’s market share as of December was 30.1%, down from 55% at the start of the year. A number of high-ranking executives left the organization this year.Spot market share for…
Bitcoin Briefly Rebounds After Finding Support Around $40,550
At the time of writing, Bitcoin is trading at $42,038, down 0.64% in the last 24 hours.if the price manages to go below $40,550 level, then it will likely test…
Conio and Coinbase Join Forces for Institutional Crypto Expansion in Italy.
With over 400,000 users, Conio is teaming up with Coinbase Prime to expand wallet support.Conio is highly active in the adoption of digital assets by institutions.Poste Italiane and Banca Generali’s…
FIFA+ Collect and Modex Partner for Exclusive Digital Collectibles at FIFA Club World Cup 2023
Drop coincides with the announcement of a new partnership between Modex and FIFA, wherein Modex will take over strategic administration of FIFA+ Collect. Prior to the competition, new items will…
Tether Freezes 161 Ethereum Wallets and Over 3.5 Million USDT Tokens
Out of 161 impacted Ethereum wallets, only 11 contain USDT. Surprisingly, a single wallet holds 97% of the total 3.5 million USDT.Tether, the organization behind the widely-used stablecoin USDT, has…
Goldman Sachs Revises Fed’s First Interest Rate Decrease Prediction.
To rein down inflation, the Federal Reserve began its tightening cycle in March 2022. Crypto and other risky assets were hit hard by the increase in borrowing rates last year.…