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Coinbase Global Inc., one of the prominent crypto exchanges, is targeting the self-managed pensions sector in Australia. The exchange aims to tap into the growing demand for crypto investments within this segment, which forms a substantial portion of the country’s…
A developer from Solana’s Cypher project has confessed to embezzling $300,000 in cryptocurrencies. Hoak’s illicit activities were exposed by Cypher’s founder Barrett, who traced the outflow of funds from the project’s redemption wallet. While admitting to the theft, Hoak has…
Bitcoin Layer 2s gain momentum with new solutions and increased security. Bitcoin (BTC) layer-2 (L2) blockchains will continue to grow as BTC continues to outperform other major crypto in 2024, according to a report by crypto exchange Bybit. Bitcoin’s market…
After a massive dump in April of 15%, the Bitcoin price is struggling to kick off the next bull run. As the market anticipates a massive jump after the fourth Bitcoin halving, the BTC price struggles near the $60,000 level.…
Binance Holdings Ltd was fined C$6 million ($4.4 million) by Canada’s financial watchdog for breaching money-laundering protections. The world’s largest crypto exchange received the financial penalty on Tuesday from Canada’s FINTRAC agency for failing to register as a foreign money…
The Australian Securities and Investments Commission (ASIC) recently won its case against BPS Financial Pty Ltd (BPY) over its Qoin Wallet and associated cryptocurrency. BPS marketed Qoin tokens to retail customers and business owners, referred to as ‘Qoin Merchants,’ as…
Bitcoin’s mining difficulty is on the brink of its most significant downward adjustment since the FTX collapse in December 2022. Newhedge forecasts a reduction of over 4% on May 9, which would mark a substantial trend shift after the Bitcoin…
Binance CEO Richard Teng claims detained officer is “innocent” and calls for their release. Richard Teng, CEO of Binance, has publicly asserted that Tigran Gambaryan, the exchange’s compliance officer detained in Nigeria, is “innocent and must be released.” Gambaryan, a…
Crypto markets are super volatile at the moment. Although the prices of the popular tokens remain within a descending trend, the likelihood of a fine upswing continues to hold upright. The start of the year was extremely bullish, as the…
The crypto exchange reported a total reserve ratio of 176%, with ether reaching 229%. The total reserve ratio surpassed $2.7 billion on April 22, 2024. Bitget has released its latest Proof of Reserves (PoR) report for April 2024, highlighting a…