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Many crypto wallets pocketed over $1.3 million over the weekend after picking up an ample supply of the Ethereum version of meme coin dogwifhat (WIF).

Apparent 'Insiders’ Make Millions After Grabbing Ethereum Version of Dogwifhat

As such, the Ethereum version of dogwifhat isn’t connected to Solana-based WIF, which launched in late November and reached a market capitalization of over $350 million. Over 12 ...

7 months ago

A closely followed trader says he’ll become one of Bitcoin’s (BTC) biggest bulls if the crypto king manages to stay above a key resistance level.

Veteran Trader Tone Vays Says He’ll Become ‘Super Bullish’ on Bitcoin Once BTC Starts Closing Above This Level

In a new strategy session, veteran trader Tone Vays tells his 122,000 YouTube subscribers that Bitcoin is trading within a very tight range, but he sees a path for BTC to break out and rally to ...

7 months ago

South Korean prosecutors announced the arrests of Haru Invest CEO and two other execs two days after Haru posted another “no information” update.

Haru Invest execs arrested in South Korea on embezzlement charges

South Korean prosecutors have arrested several executives of the troubled cryptocurrency yield platform Haru Invest, which suspended withdrawals in June 2023. The virtual asset crime i...

7 months ago

Hacking Threats Remain a Top Security Concern in Crypto

Kraken’s Security Team Keeps a Low Profile on Social Media By Design

Crypto exchange Kraken is prioritizing security and ensuring its security team maintains a low public profile. Chief security officer Nick Percoco recently told Financia...

7 months ago

According to the U.S. SEC, Brian Sewell allegedly never launched the crypto hedge fund that promised to use AI and other strategies for maximizing returns.

Crypto teacher loses student’s $1.2M investment in fake hedge fund

A crypto trading course instructor is facing charges from the United States securities regulator for misleading 15 students into investing a combined $1.2 million in a hedge fund that promised t...

7 months ago

Powell said the Federal Reserve needs “more confidence” in the U.S. economy before it can begin cutting rates.

Fed’s Powell says US on ‘unsustainable fiscal path’ as debt burden grows

Federal Reserve Chair Jerome Powell is warning the United States is on an “unsustainable fiscal path,” with debt currently outpacing growth in the broader economy. Speaking...

7 months ago

Under Bukele, the country in 2021 became the first nation to adopt bitcoin as legal tender.

El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election

El Salvador's bitcoin-friendly president Nayib Bukele is on his way to another five-year term, according to exit polls which show him with an overwhelming lead shortly after voting...

7 months ago

Cryptocurrency exchange Binance has denied claims of a leak in its security system.

Binance comments on leak in its security system

After an X post claiming Binance user data was available on GitHub, Binance support noted in a post dated Feb. 5 that there are no leaks in the platform’s system and user accounts remain s...

7 months ago

The British Columbia Securities Commission (BCSC) says the now-defunct crypto exchange Einstein Exchange operated as a Ponzi scheme after becoming insolvent in 2018.

Canadian crypto platform Einstein Exchange was Ponzi scheme, says local regulator

The BCSC has disclosed its allegations against Michael Ongun Gokturk, the sole director of three now-defunct crypto companies Einstein Exchange Inc., Einstein Capital Ltd., a...

7 months ago

NFT Legal Drama to Persist?

NFT Artist Ryder Ripps Must Dish Out $9M to Yuga Labs

NFT artist Ryder Ripps and associate Jeremy Cahen must pay Bored Ape Yacht Club (BAYC) developer Yuga Labs nearly $9m in profit disgorgement. Both have been permanently banned fro...

7 months ago