Crypto
Image Source: Pixabay The current claim pricing of FTX has seen a major surge, reaching a maximum of 55%, compared to as low as 6% in November last year. According to data provided by Claims Market, the bid and ask prices for FTX claims are currently quoted at 52% and…
Source: Adobe Coinbase reported a narrower net loss of $2 million in the third quarter and a total transaction volume of $76 billion, despite a year-on-year increase in revenue, even in the face of lower trading volumes. According to a Nov. 2 earnings statement, the company’s total revenue increased by…
Source: Terra / YouTube The U.S. Securities and Exchange Commission (SEC) has requested a federal judge for a summary judgment in its case against Do Kwon and Terraform Labs. The SEC has argued in its filing that there is “no genuine dispute as to any material fact” in their case…
Solana (SOL) Chart / Source: TradingView 3D content rendering platform Render Network has relocated from the Ethereum blockchain to Solana in order to benefit from the latter’s high throughput and lower transaction costs. As per an update in a blog posted to Medium, the Render Foundation said that it had…
As the jury begins deliberations in the trial against Sam Bankman-Fried, questions remain over what impact the verdict will have on the crypto industry as a whole. Here’s what to expect going forward. The future of FTX John Jay Ray III, an attorney with a track record for recovering funds…
With Bitcoin still trying to mount $35,000, analysts have flagged several cryptocurrencies as some of the best crypto to buy now. Image by cryptonews.com. With Bitcoin still trying to surmount the $35,000 level, analysts have flagged Aave (AAVE), Solana (SOL), The Sandbox (SAND), Bitcoin Minetrix (BTCMTX), and Meme Kombat (MK)…
Airdrop. Source: Adobe / Vladimir Kazakov Pyth Network – a popular blockchain oracle provider – has announced plans for a “retrospective token airdrop” to community members who have contributed to its network. The airdrop will distribute 6% of the total supply of the network’s governance token, PYTH, to eligible participants.…
The XRP price has gained by 2% in the past 24 hours, rising above $0.60 on a day when the market as a whole has climbed by 1%. At $0.614565, XRP is now up by 10% in a week and by 27% in the past fortnight, with Ripple’s successes in…
In a skyrocket move stunning DEX markets, uGold (UGOLD) token has exploded +18,000% overnight, and an emerging Bitcoin cloud mining token could be next – here’s why. Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO bot, MOONEY, OGGY, REFUND, XDOGE and HYTS.…
UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud
Source: AdobeStock / Mary The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the rising threat of cryptocurrency scams and fraud. In response to the increasing attempts by bad actors to deceive crypto investors, the NCA has announced plans to establish a specialized cryptocurrency and virtual…