Phoenix Group’s planned public trading debut on the Abu Dhabi Securities Exchange has been rescheduled for December 5, 2023, in observance of the UAE National Day. Phoenix Group, a crypto mining company, is gearing up for its anticipated public trading debut. The presale on Nov. 21 witnessed significant oversubscription, paving the way for the company’s […]
The decentralized exchange KyberSwap has offered a 10% bounty to the hacker who stole $46 million on November 22. This move comes in response to a message left on the blockchain by the hacker. KyberSwap alerted users on Nov. 23 that its liquidity solution, KyberSwap Elastic, was compromised and urged them to withdraw funds. The […]
Rain Lõhmus, the co-founder of Estonia-based LHV Bank, has been identified as the owner of an Ethereum wallet containing 250,000 ETH purchased during an initial coin offering (ICO). Currently, the holding is valued at an impressive $470 million. Unfortunately, he lost the keys and can’t access it. Inactive Ethereum Wallet With 250K ETH Leaves Investors […]
Bankrupt crypto exchange FTX and its debtors have requested the US bankruptcy court of Delaware to approve the sale of some trust assets, including funds from Bitwise and Grayscale, with an estimated value of $744 million. The proposed sale would be facilitated through an investment adviser, per a court document submitted on November 3. These […]
The senior analyst, Vetle Lunde from K33, stated that Bitcoin (BTC) is currently the dominant force in the cryptocurrency market. This is due to its strong gravitational pull. Research analysts urge a “rotate back” into Bitcoin. This follows underwhelming Ether ETF performance. On October 3, analysts Helseth and Lunde cautioned with Ethereum (ETH) and a […]
In a significant development, the United States House Financial Services Committee is taking decisive steps to address the issuance of a central bank digital currency (CBDC). Chairman Patrick McHenry has announced that the Committee is scheduled to convene on September 20th for the markup session of two bills pertinent to the potential digital dollar. Markups […]
The recent revelation has increased the amount specified in previous records. These records indicated that Trump possessed an Ethereum wallet with a balance between $250,000 and $500,000. Furthermore, a recent financial statement has unveiled that an Ethereum wallet holds over $2.8 million, belonging to the former President of the United States, Donald Trump. Moreover, the […]
Coinbase, the prominent cryptocurrency exchange based in the US, has witnessed a remarkable surge in user activity on its layer 2 blockchain platform known as Base. This platform was publicly launched on August 9th and has already attracted substantial attention. Notably, Dune Analytics reports that on August 10th, Base recorded an impressive number of over […]
In a recent interview with Bloomberg TV, Mike Novogratz, the founder of crypto investment firm Galaxy Digital, expressed his belief that the approval of a spot Bitcoin exchange-traded fund (ETF) would carry significant weight and serve as a “seal of approval” from the US government and its securities regulator, the SEC. Novogratz highlighted the increasing […]