Bitcoin Crashes Below $61K as Altcoins Take Massive Beating.
The past 24 hours haven’t treated the cryptocurrency market well, with most coins trading well in the red. Bitcoin plummeted below $61K, while the majority of altcoins are also charting…
Former Digitex Futures Exchange CEO Pleads Guilty to Violating Bank Secrecy Act.
Todd’s guilty plea, as per the U.S. Attorney’s Office, carries a potential sentence of up to five years in prison and a fine of $250,000.Founder and former CEO of Digitex…
OKX Backs “Blade of God X” AI Gaming with Investment.
OKX Ventures has announced investing in ‘Blade of God X’, an action role-playing game that lets players literally train an AI through gameplay. The ‘play-to-train’ concept behind Blade of God…
Bitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production Setbacks.
Nonetheless, Marathon Digital’s Q1 2024 sees a 223% yoy revenue surge and 142% hash rate increase from new products and acquisitions. Marathon Digital, a Bitcoin mining company, fell short of…
Bitcoin Plummets Toward $60k As Federal Reserve Considers Keeping Rates Elevated.
The Fed still thinks rates will come down this year – but perhaps later than expected.Bitcoin’s price fell 2.5% to $60,300 on Friday as Federal Reserve officials weighed their options…
Kraken Challenges SEC’s Case Accuracy in Ongoing Dispute.
The SEC charged Kraken in November for functioning as an unregistered broker, dealer, exchange, and clearing agency. Kraken and the US Securities and Exchange Commission (SEC) remain embroiled in a…
Crypto Scammer Agreed To Pleas As He Returns Most of Stolen $68 Million.
A cryptocurrency user who lost nearly $68 million in an address poisoning scam has recovered over 96% of the stolen funds. After the attacker received the 1,155 Wrapped Bitcoin he…
‘Regulate Crypto Trading Platforms; IMF Advice Nigeria.
The International Monetary Fund has advised the Nigerian government to ask global crypto trading platforms to register or obtain licences before operating in the country. This recommendation was made in…
Twitter Co Founder Jack Dorsey defends Musk’s Twitter Revamp and Decoupling From Big Corporation Control.
Elon Musk’s handling of Twitter has been panned as erratic. But the platform’s cofounder Jack Dorsey is defending his fellow billionaire’s approach, saying Musk’s sweeping job cuts and ditching of…
Zambian Currency Crashes to New Record Low Against US Dollar
Zambia’s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record low of K27.3 to the…