Tag: News

A crypto trader has reportedly earned $800,000 worth of Hype (CRYPTO: HYPE) tokens through the airdrop of decentralized exchange Hyperliquid. What Happened: The trader’s wallet shows 219,268 HYPE tokens, valued at $839,821 at the time of taking the snapshot, sparking discussions on how airdrops can shape user behavior and...

Black Friday, the day after Thanksgiving in the U.S., has become synonymous with enticing discounts, big bargains, and massive sales, marking the start of the critical Christmas shopping season. With time, the traditional one-day frenzy has evolved into a longer season with the introduction of events like “Cyber Monday,”...

A former Binance executive has filed a whistleblower lawsuit against the cryptocurrency exchange in the UK, alleging that a colleague solicited a bribe from a customer in exchange for preferential treatment. Amrita Srivastava, a senior employee based in London, claims she was “unfairly dismissed” after raising concerns about the...

Japanese authorities are strengthening their campaign against illegal crypto gambling among local players, particularly those registered in offshore licensed casinos. According to multiple sources, local police have reportedly arrested local players of offshore casinos using a crypto tracking tool. The Asahi Shimbun and Nikkei report that authorities referred 10...

Hong Kong has recently announced a bold move to strengthen its position as a global financial hub, particularly in the cryptocurrency sector. In a recent proposal, the Financial Services and Treasury Bureau in Hong Kong has suggested “waiving capital gains tax” on investments in cryptocurrencies and other alternative assets...

Vancouver is the latest city to join the discussions on adding Bitcoin to the government’s financial reserves. At a city council meeting on November 26th, Mayor Ken Sim submitted his notice of motion, where he plans to introduce his proposed Bitcoin bill on December 11th. The city’s proposal is...

Mixed martial arts legend Khabib Nurmagomedov has thrown his support behind a ‘satirical’ meme coin that is raising funds to help the victims of Conor McGregor, a fellow Ultimate Fighting Championship (UFC) fighter found guilty of sexual assault. What Happened: In an X post on Thursday, Nurmagomedov praised the...

Federal prosecutors in Cleveland are seeking forfeiture of nearly $1 million in cryptocurrency linked to a scam that drained an elderly Elyria man’s life savings, highlighting the growing trend of sophisticated crypto fraud targeting vulnerable investors. What Happened: The victim lost $408,000 after scammers, posing as Apple Inc. support...

A quant has explained how Ethereum is now in its secondary bull run phase according to the trend in this popular on-chain indicator. Ethereum MVRV Ratio Is Forming A Pattern Similar To Past Two Cycles In a CryptoQuant Quicktake post, an analyst talked about the latest trend in the...

Switzerland has officially passed legislation to explore Bitcoin mining, signaling a growing acceptance among traditional financial institutions and governments worldwide.  This initiative, reported by Dennis Porter, CEO of the Satoshi Action Fund, reflects a broader trend accelerated by recent political shifts, including Donald Trump’s election, which have reignited interest...