Ad Ripple’s XRP has risen by nearly 10% against Bitcoin (BTC) despite the broad market sell-off in the last 24 hours, according to CryptoSlate data. The XRP/BTC spot pair on Binance increased by 0.00000129 during the reporting period to as high as 0.00001859. However, it has retraced to 0.00001843 at the time of writing. Source: Tradingview…
Ad Binance, the largest cryptocurrency exchange in the world, and its CEO Changpeng Zhao have been sued by the US Commodity Futures Trading Commission (CFTC) for allegedly operating an “illegal” exchange and a compliance program officials have deemed “a calculated strategy of regulatory arbitrage.” The suit, released on March 27, is part of a broader…
Ad A third of Americans who own or have owned cryptocurrency have fallen victim to scams and theft, according to a recent survey by cybersecurity firm Kaspersky. The survey released by the security firm found that a third of respondents have had their crypto assets stolen, with the average value of the theft being $97,583….
Ad Digital asset investment products broke its six-consecutive-week of outflows strike and recorded $160 million in inflows during the week of March 20, according to CoinShares report. Last week’s inflows mark the most significant positive movement since July 2022, as the CoinShares data indicates. Crypto-based investment products have been recording outflows since the beginning of…
Ad Italy led the charts as the highest crypto trading volume per person during the fourth quarter of 2022 with $111,265, according to a recent study from BitcoinCasinos. The U.K. and the U.S. are ranked second and third with $91,716 and $73,279, respectively, as the data from BitcoinCasinos report indicates. Crypto trading in Q4’22 During…
Ad Binance’s Bitcoin (BTC) daily trading volume has fell to its lowest levels since July 4, 2022, as the result of ending its zero-fee trading for all trading pairs except TrueUSD (TUSD), according to Kaiko data. Kaiko researcher Riyad Carey pointed out that the last time Binance’s volume went this low was two days before…
Ad The following is a guest post by web3 strategist Toby Fan, and Aly Madhavji, Managing Partner at Blockchain Founders Fund. Social media has forever changed how we view and manage financial crises. Banks need a way to tactfully handle what is now being coined “social media risk.” Viral games of the telephone played at…
Ad Bitcoin (BTC) whales holding long BTC positions on Bitfinex suddenly cashed out on March 25 at around 13:00 UTC, according to data from Datamish. These wallets have been dormant since June 2022, and their aggregate value sits at 12,000 BTC, as the data indicates. This movement represents a small segment of investors who are…
Ad The crypto sphere lost $372 million to scams and exploits in the first quarter of 2023, according to a recent report from the creators of Rekt Database, De.Fi (formerly DeFiYieldApp.) According to the report, Euler Finance, BonqDAO, and CoinDeal suffered the top three most considerable losses with $196 million, $120 million, and $45 million,…
Ad The price of Bitcoin fell to close $27,200 on March 25 before making a partial recovery. Bitcoin fell to nearly $27,200 Bitcoin was valued at $27,209 at 9:40 p.m. UTC on Friday. That decline in value represented a loss of 3.9% over 24 hours and a loss of 2.5% over one hour. However, the…