Crypto

The U.S. Securities and Exchange Commission recently imposed charges against Galois Capital, a crypto-focused advisory firm that held client assets at FTX. As a result of its actions, Galois agreed to pay a substantial civil penalty of $225,000, which will be used to compensate affected investors. The SEC’s investigation revealed that Galois failed to ensure

Ripple has recently announced a new partnership with Yonsei University, a renowned academic institution in South Korea, as part of its University Blockchain Research Initiative (UBRI) program. This collaboration marks a significant milestone for Ripple, as Yonsei University becomes the 58th partner in the global UBRI network, with 12 partners located in the Asia Pacific

Bitcoin, the world’s largest cryptocurrency, has recently dropped below $56,000, signaling a continuation of its downward trend. According to Arthur Hayes, co-founder of BitMEX, there is a possibility that Bitcoin could decline further to $50,000. Hayes also expressed concerns about potential steeper losses in altcoins based on current market conditions. Hayes linked his bearish outlook

The Ethereum market has recently experienced a shift, with rising exchange reserves indicating a potential new distribution phase. This can be seen through CryptoQuant’s Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets. An increase in this metric often suggests that traders are moving their ETH onto exchanges in preparation

The crypto market has been experiencing a lackluster performance recently, with a significant decline in whale activity across major crypto assets. Recent analysis conducted by Santiment has revealed that both Bitcoin and Ethereum are witnessing noticeable drops in high-value transactions. This decline in whale activity is particularly evident during the period of March 13-19, where

The Open Network (TON) and its native token have been facing a rollercoaster ride of challenges lately. Just recently, the price of TON plummeted by more than 90% in a matter of minutes on CoinMarketCap. The graph illustrating this drastic drop showed TON slumping rapidly from $5.2 to about $0.3. This sudden crash, however, was

Recently, crypto analyst ‘Titan of Crypto’ shared an interesting observation with his 90,000 followers on Twitter. He pointed out the formation of a golden cross between the 100-day moving average and the 200-day moving average. This unique pattern, never seen before, indicates a bullish long-term trend reversal. The 100-day moving average had been above the

Last month, the cryptocurrency industry faced a massive blow with over $313 million in losses attributed to various hacking incidents. Shockingly, 93.5% of the stolen funds were a result of just two major phishing attacks. These attacks led to a staggering loss of $293.4 million, highlighting the vulnerability of crypto holders to sophisticated fraudulent schemes.

The Crypto Wealth Report 2024 by Henley & Partners has revealed some astonishing statistics regarding the growth of wealth in the crypto market. The number of individuals holding over $1 million in digital assets has skyrocketed by an impressive 95% to 172,300. This surge in wealth comes as the total value of the crypto market

Data from Bitbo reveals a concerning trend for bitcoin miners, as they experienced their worst revenue month in nearly a year. In August, BTC mining activities only generated $827 million, marking a significant drop of over 10% from the previous month’s $927.35 million. On-Chain Fees On-chain fees were also impacted, with network participants receiving $20.76