Bitcoin (BTC) sustained its rise, trading at approximately $70,750 as the cryptocurrency market’s total value approached $2 trillion, currently at $1.97 trillion, marking a 1.75% increase in 24 hours. Bitcoin’s own market capitalization has exceeded $1 trillion, driven by heightened interest from U.S. investors and substantial investments in Bitcoin spot ETFs. Needless to say, the...
Hours after introducing Ethena (ENA) on Binance Launchpool, a fake ENA token has been exploited for 480 BNB worth $290,000. According to a report by on-chain security firm PeckShield on Friday, the exploited token is the fake version of ENA. “The token shares the same name as the legitimate ones,” the updated post on X...
Brazilian exchange operator B3 has received approval from the country’s securities regulator to introduce Bitcoin futures trading. On Thursday, the platform said the Bitcoin futures trading is scheduled to commence on April 17, according to a report from Reuters. Currently, B3 offers exchange-traded funds (ETFs) and ETF receipts related to cryptoassets. With the addition of Bitcoin...
The crypto exchange HKVAEX, linked to the world’s largest crypto exchange, Binance, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC) post-deadline. The Hong Kong securities regulator asked crypto exchanges and firms to apply for the license before the deadline of February 29. HKVAEX Withdraws Application...
Brandon Mintz, CEO of Bitcoin (BTC) ATM operator Bitcoin Depot, predicts a global surge in Bitcoin ATM installations following the Bitcoin halving. Mintz anticipates that the period after the halving, when crypto FOMO (fear of missing out) typically intensifies, will drive increased demand for Bitcoin ATMs. In 2023, crypto ATM installations experienced their first-ever yearly decline in...
Following Sam Bankman-Fried’s sentencing, former FTX executives and promoters agreed to a $1.3 million class action lawsuit settlement, according to court documents filed yesterday. Former head of engineering for FTX, Nishad Singh, Alameda Research CEO Caroline Ellison, chief technological officer for FTX, Gary Wang, and seven promoters of the bankrupt exchange have all agreed to...
Web3 games continue to dominate on-chain activity. According to DappRadar’s recent Game Report, blockchain games accounted for 34% of decentralized application (Dapp) activity last year. The report also notes that Web3 games attracted 1.1 million active daily users in 2023. Source: DappRadar While notable, blockchain games still struggle to attract traditional and Web3 gamers. This...
Unemployment from Germany and monetary aggregates from the euro area are the top economic news due on Thursday. At 3.00 am ET, the Office for National Statistics releases UK GDP and current account figures for the fourth quarter. The initial estimate showed that the economy contracted 0.3 percent sequentially at the end of the year....
European stocks are seen opening on a positive note Thursday after the S&P 500 set a closing record overnight. Asian markets were mostly higher, led by mainland China and Hong Kong. Japan\'s Nikkei index fell over 1 percent as several heavyweight stocks traded ex-dividend and investors closely monitored fluctuates in the yen. Japan\'s three main...
Australia\'s retail sales expanded in February as Taylor Swift concerts lifted spending on clothing, merchandise, accessories and dining out, the Australia Bureau of Statistics said Thursday. Retail sales increased 0.3 percent in February, following a 1.1 percent rise in January and a fall of 2.1 percent in December. Sales were forecast to climb 0.4 percent....