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South Korean police officers were arrested on November 27 for accepting bribes from operators of illegal cryptocurrency exchanges involved in laundering $186 million through voice phishing scams. The scandal highlights corruption in law enforcement tied to crypto crimes, with officers providing insider information for cash and luxury goods. South Korean authorities arrested two officers, including […]
Bitcoin whale inflows to Binance reached $7.5 billion in the past 30 days, the highest in a year, signaling heightened market pressure and potential profit-taking amid ongoing fluctuations. This activity, tracked by on-chain data, suggests large holders are positioning for key resistance levels between $100,000 and $110,000, while accumulation supports a cautious recovery path. Bitcoin […]
Saifedean Ammous, author of The Bitcoin Standard, criticized Zcash as a “shitcoin” due to its trusted setup and questioned the demand for privacy in money compared to resistance to debasement in Bitcoin. This sparked debates on whether privacy features outweigh Bitcoin’s auditability and hard money principles. Saifedean Ammous highlights Bitcoin’s superiority in preventing debasement over […]
Bitcoin is poised for a new all-time high as institutional derivatives expansion removes key barriers, according to analyst Max Keiser. With Nasdaq increasing options limits on BlackRock’s IBIT ETF to 1 million contracts, enhanced liquidity could drive BTC beyond its recent $124,500 peak, fueled by major Wall Street accumulation. Bitcoin recovery underway: Trading at $91,486 […]
Bitcoin is recovering from a dip below $90,000, trading at $91,485.80 with a 0.26% daily gain and 6.17% weekly rise, amid optimistic price predictions driven by expanded institutional derivatives trading for BlackRock’s iShares Bitcoin Trust. Bitcoin’s technical recovery signals potential for new highs as institutional demand grows through enhanced ETF options. Nasdaq’s filing to increase […]
Crypto exchanges like Bitget, Binance, and KuCoin have donated over $3.19 million to aid victims of Hong Kong’s deadliest fire in 80 years, which killed at least 128 people. These cryptocurrency relief efforts highlight the industry’s role in disaster recovery, providing swift financial support to affected communities. Major crypto exchanges pledge $3.19 million in donations […]
The stablecoin super cycle is projected to spawn over 100,000 issuers in the next five years, driven by tokenized money reshaping capital allocation and global financial flows, according to Polygon’s Aishwary Gupta. Stablecoin growth challenges traditional banking liquidity as yields draw deposits away from banks. Neutral settlement layers will manage fragmentation among thousands of stablecoins […]
KuCoin EU has obtained a MiCA license from Austria’s Financial Market Authority, enabling operations in 29 EEA countries excluding Malta. This approval underscores KuCoin’s commitment to regulatory compliance and secure crypto services across Europe, positioning it among leading licensed exchanges. Austria’s FMA grants KuCoin EU MiCA authorization for EEA-wide services. The license supports KuCoin’s strategy […]
Ethena (ENA) whales are aggressively accumulating the token during its current price consolidation between $0.27 and $0.29, with recent buys totaling 17.76 million ENA using over $5 million in USDC, as indicated by on-chain data from CryptoQuant and Lookonchain, potentially signaling upcoming price momentum. Whale orders surged after ENA hit a local high of $0.29, […]