XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings

XRP prices jumped to 73 cents from 65 cents in 25 minutes after a tweet suggested financial behemoth BlackRock had filed for an XRP ETF in the U.S.

XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings

Traders invested in XRP futures lost some $7.26 million in the past 24 hours as prices moved wildly following rumors of a BlackRock (BLK) exchange-traded fund (ETF) filing. The liquida...

10 months ago

NFT sales volume upward trend to continue, industry execs say

CoinW executive Sonia Shaw told Cointelegraph that the recent uptick in NFT sales shows a "broader and more profound interest” extending beyond art.

NFT sales volume upward trend to continue, industry execs say

In the weeks leading to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives in the i...

10 months ago

Coin Cloud Users’ Sensitive Information Compromised, Source Code Stolen: Report

Coin Cloud had slid into bankruptcy earlier this year.

Coin Cloud Users’ Sensitive Information Compromised, Source Code Stolen: Report

The latest cyberattack on Coin Cloud, the defunct Bitcoin ATM company, by an anonymous hacking group has raised alarming concerns about the physical safety of the exposed users. The ha...

10 months ago

FTX Foundation Member Denies Involvement In SBF Fraud, Insists on Unpaid Bonus

Ross Rheingans-Yoo, an employee of FTX Foundation has filed a response to FTX’s claim regarding his unpaid salaries and bonuses totaling $275,000.

FTX Foundation Member Denies Involvement In SBF Fraud, Insists on Unpaid Bonus

In a Nov 13 court filing, the foundation staff argued that he was entitled to $650,000 but was only paid $375,000 leaving an unpaid balance of $275,000 from his 2022 salary. Accor...

10 months ago

GROK whales decry supposed FUD from crypto sleuth ZachXBT

The market cap of AI-inspired altcoin $GROK fell sharply on Nov. 13 after well-known blockchain investigator ZachXBT tied its creator to previous possible scams.

GROK whales decry supposed FUD from crypto sleuth ZachXBT

Supporters of a Grok token, $GROK, banded together in the wake of aspersions surrounding the project and its developer, who has supposedly created other cryptocurrencies in the past.  ...

10 months ago

Crypto media The Block sells $70m majority stake to Foresight Ventures

Crypto media firm The Block sold a majority stake to Foresight Ventures in a deal, valuing it at $70 million.

Crypto media The Block sells $70m majority stake to Foresight Ventures

Most capital is used to buy out former CEO Mike McCaffrey’s stake. He resigned after the news that he secretly accepted millions from former FTX CEO Sam Bankman-Fried. CEO of The...

10 months ago

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas

Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg.

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas

The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey Since 2019 Established in...

10 months ago

Crypto.com Wins Digital Asset License in Dubai

rypto.com completed its licensing process in Singapore in June.

Crypto.com Wins Digital Asset License in Dubai

Crypto.com has been granted a license to operate specified virtual asset service activities in Dubai, the crypto exchange announced on Tuesday. The license has been granted t...

10 months ago

Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

The group, “Bitcoin Argentina,” previously rejected the idea that regulation was needed in the cryptocurrency industry.

Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina

Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust. ...

10 months ago

FTX files billion-dollar lawsuit against Bybit over asset withdrawals

The legal action is pursuing “compensatory and punitive damages” from Bybit regarding the token scheme and the assets held on its platform.

FTX files billion-dollar lawsuit against Bybit over asset withdrawals

The FTX bankruptcy estate, headed by CEO John J. Ray III, has filed a lawsuit against Bybit, its investment arm, Mirana, and various executives. The aim is to recover funds and digital assets th...

10 months ago

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