Tag: News

U.S. authorities have recovered $31 million in cryptocurrency connected to the April 2021 hack of the now-defunct decentralized finance (DeFi) platform Uranium Finance. The seizure was the result of a joint operation between the U.S. Attorney’s Office for the Southern District of New York and Homeland Security Investigations (HSI)...

Crypto traders are buying bitcoin (BTC) on Kraken, one of the 10 biggest cryptocurrency exchanges, as the price slides to a three-month low, Alexia Theodorou, head of derivatives told CoinDesk. BTC dropped under $88,000 shortly before publication as Nasdaq futures pointed to continued risk aversion on Wall Street and...

Bitcoin’s price action took a turn for the worse over the past day as the asset plunged below $88,000 for the first time since mid-November. The altcoins have performed even worse over the same period, with massive double-digit price declines from ETH, XRP, DOGE, ADA, LINK, AVAX, and many...

Ether’s (ETH) 11.5% slide over the past 24 hours has moved the second-largest cryptocurrency closer to a series of mammoth $340 million liquidations on collateralized debt platform MakerDAO. On-chain data shows three MakerDAO positions will be liquidated when the ETH price hits $1,926, $1,842 and $1,793. Each position is...

Solana has suffered a sharp decline, dropping to its lowest level since November as selling pressure keeps mounting ahead of a major token unlock. As of the time of writing, Solana (SOL) is sitting at $135 mark, down by 15%…...

The South Dakota legislature delayed a vote on a bill on Monday that could have allowed the state to adopt Bitcoin (CRYPTO: BTC) as a strategic reserve asset.  What happened: The majority of lawmakers at a meeting of the state’s House Commerce and Energy Committee voted to defer the...

Florida’s Strategic Bitcoin Reserve (SBR) bill could put the cryptocurrency on the state’s balance sheet—while also potentially reshaping the Republican Party’s stance. The bill, officially known as “SB 550: Investments of Public Funds in Bitcoin,” has gained momentum in Tallahassee and drawn national attention thanks to a high-profile advocate...

U.S. spot Bitcoin ETFs saw a big spike in net outflows on Feb. 24, with most of it coming from Fidelity and BlackRock’s funds as market sentiment turned sour. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded…...

Crypto traders are feeling the jitters today. The widely-watched Crypto Fear and Greed Index, a market indicator that uses social media posts, volatility, trends and prices to gauge trader sentiment, dropped to a five-month low of 25 in its latest update. That’s a big fall from yesterday’s figure of...

South Korean crypto exchange Upbit faces a three-month suspension on new user transfers following violations of local regulations. One of the largest Korean crypto exchanges Upbit has been hit with a three-month suspension on new user transfers by the the…...