Latest News

26 December

Spot Bitcoin ETFs Witness $1.5 Billion Outflow: Biggest Dip Since Trump’s 2016 Win

The cryptocurrency market has been rattled as Spot Bitcoin Exchange-Traded Funds (ETFs) experienced a staggering $1.5 billion in outflows over a four-day streak. This marks the largest capital withdrawal since the market shock that followed Donald Trump’s 2016 presidential election victory. The development has raised questions about investor sentiment and the future trajectory of Bitcoin. A Historic Outflow According to …

25 December

South Korea’s GOPAX Exchange Faces Uncertainty as Takeover Bid Hits Roadblock

South Korea’s GOPAX cryptocurrency exchange is in turmoil as its potential takeover bid stalls, raising questions about the future of the platform. Once a leading player in the country’s rapidly growing crypto market, GOPAX has found itself at a crossroads, with investors and customers alike uncertain about the next steps. The Struggling Takeover Deal Earlier this year, GOPAX entered into …

25 December

Scammers Steal $500K in X Account Hacks and Meme Coin Scams, Reports ZachXBT

A new report from blockchain investigator ZachXBT reveals that scammers have managed to steal over $500,000 through a combination of breached X (formerly Twitter) accounts and fraudulent meme coin schemes. The report highlights the growing risks of social media exploitation in the cryptocurrency space, as cybercriminals continue to target both high-profile accounts and unsuspecting users. The Rise of X Account …

25 December

Sui (SUI) Price Set to Surge: Break Above $5.0 Looms as On-Chain Activity Soars

Sui (SUI), one of the fastest-growing cryptocurrencies, is showing strong bullish momentum as it approaches a key price level. With on-chain activity hitting new highs, analysts predict that SUI is poised to break above the critical $5.00 mark, marking the beginning of a new price rally. The Surge in On-Chain Activity Recent data shows a significant increase in on-chain activity …

25 December

MoonPay Set to Acquire Helio Pay for $150M in Bold Crypto Payment Expansion

In a significant move to strengthen its position in the cryptocurrency payments space, MoonPay has announced plans to acquire Helio Pay, a leading crypto payment platform, for $150 million. The acquisition represents a bold step forward as MoonPay continues its mission to simplify and expand the global use of digital currencies for everyday transactions. Expanding MoonPay’s Global Footprint MoonPay, known …

25 December

Montenegro’s Constitutional Court Denies Do Kwon’s Appeal Against Extradition Ruling

In a decisive move, Montenegro’s Constitutional Court has rejected an appeal by Do Kwon, the founder of the collapsed Terraform Labs, against his extradition to the United States. This ruling marks another significant chapter in the legal battle surrounding Kwon, who faces charges related to the $60 billion collapse of the TerraUSD stablecoin and its sister cryptocurrency, Luna. Kwon’s Legal …

25 December

“Argentina Freezes $3.5M in USDT Tied to Rainbowex Ponzi Scheme”

In a major move against cryptocurrency fraud, Argentina’s financial authorities have frozen $3.5 million worth of USDT (Tether) linked to the notorious Rainbowex Ponzi scheme. This marks a significant escalation in the country’s crackdown on illicit crypto activities as regulators work to protect investors and maintain the integrity of the digital asset market. The Rainbowex Ponzi Scheme Rainbowex, an unregistered …

25 December

WhiteRock Launches DeFi Platform to Tokenize NYSE, Nasdaq, and LSE Securities

In a groundbreaking move that bridges traditional finance and decentralized finance (DeFi), WhiteRock has unveiled a cutting-edge platform aimed at tokenizing securities from major global stock exchanges, including the NYSE, Nasdaq, and LSE. This initiative is set to redefine how investors interact with traditional assets, leveraging blockchain technology to unlock new possibilities in the financial world. The Vision Behind WhiteRock’s …

25 December

“Debunked: 11 Biggest Enterprise Blockchain Myths of the Decade – Forrester Report”

Blockchain technology has been one of the most transformative innovations of the past decade, capturing the imagination of businesses worldwide. However, alongside its rise, several myths and misconceptions about its capabilities and limitations have taken root. In a recent report, Forrester Research tackled the top 11 myths surrounding enterprise blockchain, shedding light on the reality behind the hype. Myth 1: …

25 December

El Salvador’s Bukele Eyes 2025 Russia Visit: Could Bitcoin Be on the Agenda with Putin?

El Salvador’s President Nayib Bukele, the world’s first leader to make Bitcoin legal tender, may be setting his sights on an official visit to Russia in 2025. As speculation mounts about the purpose of such a trip, many are wondering if cryptocurrency, particularly Bitcoin, could become a key topic of discussion between Bukele and Russian President Vladimir Putin. Bukele’s Bitcoin …