UK NAO Criticizes FCA Over Delayed Action on Crypto Sector
The NAO asserts that the lack of dedicated crypto staff is to blame. The FCA took longer than anticipated to register crypto-asset enterprises as per NAO. The United Kingdom’s National…
Defunct FTX and Alameda Research Transfer $23.49M Worth of Crypto
Nearly $23.59 million was distributed across 19 different tokens via the FTX-affiliated wallets. The transactions also included a variety of assets worth $6.07 million. Cryptocurrencies valued at $23.59 million were…
Bitcoin Price Consolidates as Bullish Momentum Slows Down.
At the time of writing, Bitcoin is trading at $43,948, down 0.64% in the last 24 hours.If the price manages to go below $43,020 support level, then it will likely…
No Influx of New Users for Ethereum Despite Spot ETH ETF Hype.
The number of new Ethereum users have not been rising lately, unlike the asset’s price. Ethereum, alongside the rest of the crypto market, experienced a notable resurgence in the past…
Binance Research Report Reveals 110% Surge in Crypto Market Cap YTD
Positive shift in stablecoin supply, NFT trade volume resurgence, and increased fees signal crypto market maturation. A recent report from Binance Research reveals a remarkable surge in the total cryptocurrency…
Arbitrage Bot Depletes LFNTY-USDC Pool on Lifinity DEX.
The $699,090 loss was triggered by an unanticipated reaction to a botched deal.On Serum v3, the bot placed an Immediate-or-Cancel (IOC) market order. An arbitrage bot depleted the LFNTY-USDC pool…
Thieves Stole 95 Year-Old Woman’s Bank of America Account – Now Bank Wants $4,237 in Overdraft Fees.
A 95 year-old woman says she’s going through a nightmare scenario, with scammers draining her account and the bank demanding she repay thousands of dollars stemming from the criminal’s spending…
Starknet Foundation Unveils Plan to Allocate 1.8 Billion STRK Tokens for Network Growth.
Starknet Foundation reserves 500 million STRK, to explore incentives for DeFi to drive ecosystem development.The Starknet Foundation – the organization behind the Ethereum Layer 2 network Starknet – announced plans…
Binance’s Market Share Depreciates As OKX and Bybit Hit All-Time Highs.
In Nov, trading volume on centralized exchanges rose for 2nd consecutive month, reaching $3.61tn, highest since March 2023.Bybit and OKX have achieved record highs in their combined Derivatives market share.…
Kazakhstan Axed 980 Unauthorized Crypto Exchanges This Year
A number of prominent worldwide platforms are on the list of unauthorized exchanges.In 2023, the FMA blocked access to 980 illicit platforms, according to a news release issued.Nearly a thousand…