Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours

Futures tracking the lesser-known token saw $68 million evaporate in leveraged bets in a 24-hour period.

Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours

A relatively illiquid market and likely overleveraged trading positions pushed Tellor’s TRB token prices up over 250% in 24 hours on Saturday, only for the cryptocurrency to tumble and fal...

8 months ago

Orbit Chain Hacker Swaps Stolen USDT for ETH, Rakes in $1.45 Million Profits

Orbit Chain Hacker Swaps

Orbit Chain Hacker Swaps Stolen USDT for ETH, Rakes in $1.45 Million Profits

The attackers behind the recent Orbit Chain exploit successfully converted their ill-gotten gains into Ethereum (ETH), amassing an additional $1.45 million in unrealized profits amidst a 4.7% su...

8 months ago

China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions

Cold Storage Can Allow Movement of Funds Wihtout Oversight

China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions

Official Chinese media sources have raised concerns regarding the exploitation of cryptocurrencies by corrupt officials for illicit activities.  The use of cold storage methods fo...

8 months ago

Tellor (TRB) skyrockets to all-time highs amid calculated actions by the Whales

TRB’s interesting dynamics

Tellor (TRB) skyrockets to all-time highs amid calculated actions by the Whales

In a significant development in the crypto industry, Tellor (TRB) has surged to an all-time high price of above $240. Meanwhile, the strategic investments by whales continue to draw intense scru...

8 months ago

Ripple Partner SBI Launches Joint Venture SBI XDC Network APAC with TradeFinex

SBI Holdings, a prominent Japanese financial services firm and partner of Ripple, has revealed a partnership with TradeFinex, a company based in the UAE specializing in the XDC Network.

Ripple Partner SBI Launches Joint Venture SBI XDC Network APAC with TradeFinex

Together, they’ve established SBI XDC Network APAC Co., a collaborative initiative with the goal of advancing the utilization of XDC Network’s blockchain technology across ...

8 months ago

Terraform Labs CEO Do Kwon Violated US Securities Law, Says Judge

US District Judge Jed Saul Rakoff said on Thursday, Terraform Labs CEO and founder Do Kwon violated the US securities law by failing to register UST and LUNA as securities.

Terraform Labs CEO Do Kwon Violated US Securities Law, Says Judge

Rakoff, a judge at the US District Court Southern District of New York, agreed with the the Securities and Exchange Commission (SEC) that Terraform Labs offered and sold unregistered securi...

8 months ago

FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin

FTX Trading Ltd. affiliated debtors have submitted a motion for the entry of an order estimating the value of claims related to digital assets and fiat currency, including customer entitlement claims.

FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin

In a filing made on December 27 in the United States Bankruptcy Court for the District of Delaware, the FTX debtors proposed estimating the value of various digital assets based on the...

8 months ago

Vitalik Buterin proposes to make Ethereum PoS ‘lighter and simpler’

The Ethereum co-founder suggested reducing validator signatures to lighten the load and make predicting future loads more accurate.

Vitalik Buterin proposes to make Ethereum PoS ‘lighter and simpler’

Ethereum co-founder Vitalik Buterin has proposed a way to reduce the load on the Ethereum blockchain and make its proof-of-stake (PoS) consensus “considerably simpler and lighter.”

8 months ago

Ark Invest sells more Coinbase shares, allocates $92 million in ProShares bitcoin futures-based ETF

Cathie Wood’s Ark Invest sold another 148,885 Coinbase shares on Wednesday as it continued its December selling spree for COIN.

Ark Invest sells more Coinbase shares, allocates $92 million in ProShares bitcoin futures-based ETF

Cathie Wood’s Ark Invest sold another 148,885 Coinbase shares, valued at approximately $27.58 million, on Wednesday and purchased $92 million worth of ProShares Bitcoin Strategy ETF (BITO)...

8 months ago

MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B

MicroStrategy's used almost all of its recent at-the-market shares sales to buy an additional 14,620 bitcoin.

MicroStrategy Buys $615M Worth Additional BTC, Pushing Holdings to $5.9B

MicroStrategy (MSTR), the largest corporate holder of bitcoin (BTC), added more to its holdings on Wednesday, buying 14,620 BTC for around $615.7 million. The company...

8 months ago

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