It has been revealed that investors have withdrawn record amounts of bitcoins after the bankruptcy of one of the largest cryptocurrency exchanges FTX, fearing for the safety of their wealth. Recall that the collapse of one of the largest players in...
cryptocurrencies
US prosecutors have launched an investigation into former head of crypto exchange FTX and its affiliate Alameda Research, Sam Bankman-Fried. The businessman is suspected of manipulating the cryptocurrency market, which led to the collapse of the...
Ledger, maker of cryptocurrency hardware wallets, has officially unveiled a new device co-developed with the original iPod’s creator, Tony Fadell. The Ledger Stax wallet, designed for “cold” or isolated storage of digital assets, was unveiled...
Established the TON Foundation together with a group of investment partners announced on the creation of a $126 million fund, the proceeds of which will be used to support cryptocurrency projects. Image Credit: TON Foundation The fund will support...
New York Gov. Kathy Hochul has signed legislation imposing restrictions on cryptocurrency mining in the region: a two-year ban on digital asset mining will be imposed if it is conducted using devices powered by non-clean energy sources . Image...
Another of the biggest players in the cryptocurrency market was on the verge of collapse. It has been reported that cryptocurrency brokerage Genesis is trying to find new sources of funding to address the liquidity issues that arose after the...
The Estonian Criminal Investigation Department along with the FBI have two suspects in cryptocurrency fraud and money laundering of 575 million station wagons and luxury cars. Image Source: Tamim Tarin / pixabay.com The defendants are reportedly...
A year ago, the cryptocurrency industry was on the rise, and only Coinbase Global Inc. went public. was valued at $85 billion. Since then, there have been many events that have put the digital asset market in a precarious position. As for Coinbase...
Experts from the Switzerland-based Bank for International Settlements establishedthat 73% to 81% of retail bitcoin buyers only experience losses on investments. In other words, bitcoin is worth less today than it was when it was bought: Over the...
The world’s largest cryptocurrency exchange, Binance, is facing record outflows of Bitcoin, Ethereum and stablecoins amid the collapse of its rival FTX platform. In the last six days, Binance users have withdrawn 81,712 bitcoins worth about $1...
Institutional investors are increasingly disillusioned with digital assets. The sudden collapse of crypto exchange FTX may have completely undermined the prospects for cryptocurrencies to be included in the portfolios of major investors. Image...
Binance Holdings Ltd., which owns the largest cryptocurrency exchange Binance, refused to take over a competitor in the face of FTX, bringing the company to the brink of complete collapse. Against this backdrop, the value of shares of some other big...
In the last 24 hours, Bitcoin has gained a little less than four percent in price, dragging other cryptocurrencies with it, some of which have shown even more active momentum. Digital assets rose after traditional securities, which reacted...
The Swiss Financial Market Supervisory Authority (FINMA) will tighten the rules for dealing with cryptocurrencies to strengthen the fight against money laundering and other illegal activities. In accordance with the new rules, citizens of the...
During Alphabet’s Q3 financial report, Philipp Schindler, director of business development at Google, said the company credits the decline in ad revenue, among others, to players in the cryptocurrency and financial sectors, who have been...
Bitcoin has traded below the psychological $20,000 mark for more than two straight weeks, and this is the longest stay in this zone for the world’s largest cryptocurrency. This behavior of a digital asset indicates a lack of optimism among...
A new section on cryptocurrencies has appeared in the recent edition of the Guinness Book of World Records. Bitcoin, CryptoPunks NFT collection and El Salvador became the first record holders in the section. Image Source: Tamim Tarin / pixabay.com...
For the first time in a week, Bitcoin managed to surpass $20,000 due to unexpected activity in Asian markets that saw cryptocurrencies and other risky assets soar. Image source: coindesk.com Bitcoin, the most expensive cryptocurrency, has surged...
White House released “The First Comprehensive Framework for the Responsible Development of Digital Assets,” which lists the findings and recommendations from US federal agencies that have been addressing this issue for the past six...
Edition of the German language resource 3DCenter did a great job over the past weekend analyzing sales volume and sales of graphics cards using statistics Jon Peddie Research for the last 14 quarters, excluding the current quarter. The authors of...
