
‘Huge Shift’ in crypto firms’ compliance mindset, says Elliptic co-founder
The crypto industry has seen a significant shift toward regulatory compliance since its early days,…
Cetus, a decentralized exchange (DEX) built on the Sui blockchain, has reportedly suffered a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being exploited.” He also shared a screenshot of Cetus market data on…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the dynamic world of cryptocurrency, the search for a legitimate cloud mining platform remains a top concern for investors. With scams and unreliable services prevalent, many wonder: Which cloud mining is legit? Hashfly, established in 2013, has built a reputation as…
Crypto awareness in Singapore has reached an all-time high, with 94% of respondents in a recent survey indicating familiarity with at least one digital asset. However, ownership has declined, falling to 29% in 2024 from 40% in 2023, according to Independent Reserve’s fifth annual Singapore Crypto Market Survey released on May 21. The survey, conducted…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) has charged New York-based crypto investment Unicoin and three top executives for allegedly misleading investors and defrauding over $100 million from customers. Crypto Company Hit With SEC Lawsuit On Tuesday, the SEC announced it had…
David Sacks, US President Donald Trump’s top adviser on crypto and artificial intelligence, said the administration expects the stablecoin bill to clear the Senate with bipartisan backing. “We have every expectation now that it’s going to pass,” Sacks told CNBC on May 21, following a key procedural vote that saw 15 Democrats join Republicans to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A report from Glassnode has revealed how profit-taking from the Bitcoin short-term holders has noted a large uptick in the past month. Bitcoin Short-Term Holder Realized Profit Has Shot Up Recently In its latest weekly report, the on-chain analytics firm Glassnode has…
What is shilling in crypto? At its core, shilling is the act of artificially promoting a cryptocurrency or token, often with exaggerated claims, to increase its price or popularity. But what’s the goal? Hype it up, get others to buy in, and then cash out, leaving latecomers holding the bag. Shilling can come from anyone:…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin (BTC) is nearing a bullish Golden Cross formation on the weekly chart, as the largest cryptocurrency by market cap trades just shy of its all-time high (ATH) of $108,786. With a new ATH seemingly within reach, several crypto analysts are weighing…
The hacker behind the data breach targeting Coinbase users mocked blockchain investigator ZachXBT with an onchain message following a major crypto swap. On May 21, the hacker used Ethereum transaction input data to write “L bozo,” followed by a meme video of NBA player James Worthy smoking a cigar. The message came after the attacker…
A muted rally Massive ETF inflows Bitcoin, the leading cryptocurrency by market cap, surged to a new record high of $111,888 on the Bitstamp exchange earlier today. The leading cryptocurrency is now up by more than 8% over the past 24 hours. Bitcoin’s market cap is now approaching $2.2 trillion, surpassing Amazon. You Might Also…