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Coinbase Subpoenaed by CFTC as ARK Invest Cashes in on Risen Stock
November 28, 2023
The U.S. Commodity Futures Trading Commission (CFTC) has subpoenaed popular cryptocurrency exchange Coinbase for user and transaction data. This news reached Coinbase users through an official email. Despite scanty details, …
Read moreTaipei Emerges as Preferred Destination for Crypto Ventures; Crypto Firm Kronos Reportedly Offers Bounty
November 28, 2023
In a significant shift, Taipei is nigh to overtake Hong Kong and Singapore as the hub for crypto ventures. The venture capital firm Sora Ventures is leading this transition, choosing …
Read moreBitcoin Sees Rise in Long-Term Holders and Influx In Investments Amid Price Slump
November 28, 2023
Bitcoin is making waves in the crypto-market as the divergence between long-term holders (LTHs) and short-term holders (STHs) becomes the largest ever. Data from Glassnode indicates that coins held by …
Read moreLearn Concept: Succession and Strategy Planning in Cryptocurrency Exchanges
November 28, 2023
In the world of cryptocurrencies, changes in leadership often cause uncertainties among the users of the platform. Taking Binance as a case study, when CEO Richard Teng took over from …
Read moreBinance Set to Delist Tornado Cash (TORN) As Value Drops Over 50%
November 28, 2023
Major cryptocurrency exchange, Binance, recently announced it plans to remove Tornado cash’s native token, TORN, from its listing as of November 27, prompting a rapid decrease in the token’s value. …
Read moreBitcoin ETPs Draw Record $1.5 Billion in Investments Amid ETF Anticipation
November 27, 2023
The prospect of regulator-approved Bitcoin Exchange-Traded Funds (ETFs) pushes crypto fund investments to an all-time high as inflows into digital asset products show a consistent upwards trend. Bitcoin ETFs recorded …
Read moreSurge in Terra's USTC Coin Value Sparks Revival Hopes for Terra Ecosystem
November 27, 2023
Terra's algorithmic stablecoin, USTC, experienced a massive uptick of over 150% in its value within 24 hours, peaking at $0.07581. This was the highest level seen by USTC since its …
Read moreBitcoin Mining Revenue Hits 19-Month High Amidst Upcoming Halving and ETF Speculations
November 27, 2023
Bearing testament to the health of the Bitcoin network, miner revenue surged to a 19-month high in November, as miners anticipate big events in the coming year. This revenue, which …
Read moreHong Kong Crypto Exchanges Face Major Scams Amid Licensing Process
November 27, 2023
Recent investigations in Hong Kong have revealed suspicions of scams involving two cryptocurrency trading platforms, Hounax and JPEX, with reported losses totalling up to $198.4 million. The Hong Kong authorities …
Read moreStandard Chartered to Begin Testing China's e-CNY CBDC
November 27, 2023
UK-based multinational bank, Standard Chartered, plans to initiate testing of China's Central Bank Digital Currency (CBDC), the e-CNY, marking its position as one of the first international banks to participate …
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