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Bitcoin
Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume
Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the…
Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions
BTC reversed its morning gains, declining below $26,500 before recently rebounding.
FTX Executives Sue Co-Founders Amidst Failed FTX Stocks Project
Court documents filed on May 17, 2023, reveal that current executives overseeing FTX and its subsidiary, Alameda Research, have initiated a lawsuit against Sam Bankman-Fried, the former CEO of FTX, Nishad Singh, FTX’s former director…
Should We Worry About Tether’s Bitcoin-Buying Plan?
Squint and you can see resemblances to Do Kwon’s bitcoin buying during Terra/luna’s high days.
US Bitcoin Corp Secures Hosting Agreements for 150,000 Bitcoin Miners
On Thursday, the bitcoin mining company U.S. Bitcoin Corp revealed the firm has successfully secured hosting agreements with five different companies to install 150,000 application-specific integrated circuit (ASIC) bitcoin miners. The…
Unidef Introduces Decemount to Expedite Global Shift to Decentralization
PRESS RELEASE. Dubai, UAE — May 18, 2023 – Today, Unidef (unidef.org), a global network of organizations focused on hastening the global shift to a decentralized future, proudly unveils its latest initiative, Decemount. This ambitious…
Biggest Movers: XRP Extends Bull Run, Jumping 5% on Thursday
Xrp rose for a fifth straight session on Thursday, as the token moved close to a two-week high. The rise comes as cryptocurrencies rebounded from recent losses, with the global market cap up 1.38% as of writing. Cardano also surged, hitting…
Regulatory Battle: Grayscale Challenged by SEC’s Designation of Filecoin as Security
Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the…
Bitcoin, Ethereum Technical Analysis: BTC Sees Strong Rebound, as Biden Holds Debt Ceiling Talks
Bitcoin rebounded on Thursday, as markets responded to news that U.S. President Joe Biden held positive talks regarding the debt ceiling. Biden reportedly met with Republican House Speaker Kevin McCarthy, in a bid to find an agreement.…
Report: North Korea Affiliated Cybercriminals Stole $721 Milion Worth Crypto Assets From Japan
Between 2017 and 2022, hacking groups affiliated with North Korea are thought to have stolen crypto assets worth $721 million from Japan alone. According to the findings of a study by Elliptic, hackers were primarily focused on Japan and…