SEC Twitter Hoax Triggers $2B Bitcoin Transfer, $750M Trading Losses

In a shocking turn of events, a hoax originating from the Securities and Exchange Commission’s (SEC) Twitter account has led to a massive transfer of Bitcoin to exchanges. The mayhem that ensued resulted in a staggering $2 billion worth of Bitcoin being moved.According to data analytics firm Glassnode, the misinformation that stemmed from the breach […]

Apple Removes Crypto Apps in India as Pullix Gains Traction in Presale

The gaming industry is poised for a significant transformation in 2024, with blockchain games becoming the main focus. Metacade, a key player in this revolution, has announced partnerships that are shaping a unified platform for gamers, developers, and investors. The company has outlined its roadmap for 2024, which includes substantial upgrades to its main platform, […]

Indian Apple Store Blocks Crypto Exchanges Following Government Notice

The Indian Apple app store has recently blocked several crypto exchange apps, including Binance, KuCoin, Bitget, Huobi, OKX, Gate, and MEXC. This move comes weeks after the Indian government issued a non-compliance notice against nearly a dozen off-shore crypto exchanges. Consequently, these exchange applications are no longer accessible to new users.The Financial Intelligence Unit (FIU) […]

Binance Killers’ Trading Signals Questioned Amid Lack of Evidence

Binance Killers, a Telegram group, offers crypto trading signals to its extensive membership base, which it claims to be over 250,000. The group asserts that its members have made a fortune trading on Binance. It provides a range of features including premium signals, personal support, and Tradingview indicators, among others.Despite these claims, the group’s performance […]

Celsius Transfers Ethereum to Creditors Amid Bankruptcy Proceedings

In a strategic move to unlock a significant portion of its Ethereum holdings, Celsius has transferred over 40,000 Ethereum, valued at over $90 million, to its major creditors, Coinbase and FalconX, over the past week. Arkham Intelligence reports that Celsius still holds a substantial amount of Ethereum in its Staked ETH account, approximately 59,000 ETH, […]

Binance Futures Launches Promotional Campaign for USDC-Margined Trading

Binance Futures, the derivatives arm of the renowned crypto exchange Binance, is launching a significant campaign following the recent introduction of USDC-margined perpetual trading pairs. The futures platform, which introduced BTC, ETH, BNB, SOL, and XRP earlier this month, is set to give away up to $170,000 in USDC as part of an early-year promotional […]

XRP Records Highest Trading Volume Amid Market Downturn

XRP, the cryptocurrency asset, has achieved a significant milestone, recording the highest trading volume on HTX Global, a Seychelles-based cryptocurrency exchange. On January 7th, XRP’s trading volume reached $112 million, surpassing other altcoins such as SOL and BTC, which secured $70 million and $65 million respectively, and SEI and AAVE, both of which raked in […]

Bitcoin ETF Approval Could Reshape Crypto Market, Impact MicroStrategy and Coinbase

The crypto market is eagerly awaiting the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States. This decision could trigger the next crypto bull market and a wave of crypto adoption. The list of hopeful spot Bitcoin ETF issuers has grown, with their most recent Form S-1 amendments filed on Jan. […]

Crypto Whale Accumulates and Profits from Bitcoin, Data Reveals

A crypto whale, known for making substantial profits from Bitcoin, has recently amassed tens of millions of dollars worth of Bitcoin (BTC), as per on-chain data. The crypto tracker Lookonchain reports that between August 24th and September 2nd, this unidentified whale accumulated 6,000 BTC valued at $158.66 million, with an average price of $26,444 per […]

Binance Releases Audit Amid Leadership Changes, Assures 100% Backed Assets

Binance, the world’s leading cryptocurrency exchange by trading volume, has published its 12th audit of reserves. The report, conducted on January 01, reveals that all coins held by customers on the exchange are 100% backed. The reserves include 597,658.074 Bitcoins (BTC), 4,265,238.882 Ethereum (ETH), nearly 32 million BNB, and USDT stablecoins amounting to 16.85 billion, […]