Meme coins have been making waves in the cryptocurrency market recently, with DogWifHat (WIF) leading the charge with a significant increase of 42% in the last seven days. This surge comes amidst a broader market rally that has seen double-digit gains for other leading meme coins as well. While established cryptocurrencies like Bitcoin (BTC) and
KuCoin, a prominent crypto exchange, recently witnessed a significant surge in withdrawal requests after the US authorities leveled criminal charges against the platform. Various on-chain analytics firms documented a surge in withdrawals across different categories of traders, including whales, funds, smart money, and market makers. Withdrawal Details and Amounts Data from SpotOnChain reported withdrawals totaling
The recent allegations against major crypto exchange KuCoin and its founders for failing to implement anti-money laundering (AML) and know-your-customer (KYC) procedures have sparked concerns in the cryptocurrency community. Prosecutors claim that the absence of AML and KYC on KuCoin allowed the platform to be used for laundering illicit funds from criminal activities. This lack
Recently, Portugal’s National Data Protection Commission (CNPD) made a bold move by announcing a ban on Worldcoin from collecting biometric data for a period of three months. The CNPD cited various reasons for this decision, including allegations that Worldcoin lacks a mechanism to verify the age of its members. Moreover, the commission pointed out that
Recent data from crypto analytics firm Glassnode has revealed that the amount of Bitcoin held on Coinbase has reached a 9-year low. This decrease in Bitcoin holdings on the popular exchange could potentially signify a shift in investor behavior towards holding for the long term rather than selling in the short term. With only 344,856
In response to the US Department of Justice (DOJ) announcing criminal charges against KuCoin for violating anti-money laundering (AML) laws, CEO Johnny Lyu took to social media to reassure users that their funds are safe. He emphasized that the platform’s operational stability will not be affected by the charges and promised timely updates on the
Over the weekend, a mysterious event unfolded in the world of cryptocurrency as the fifth richest Bitcoin address transferred a staggering $6 billion worth of the asset to three new wallets. This massive transfer of wealth sparked curiosity and speculation within the crypto community, especially considering the timing amid increased institutional interest in BTC. In
The world of cryptocurrency is no stranger to the rise of meme coins, with new tokens constantly entering the market in hopes of replicating the success of big players like Dogecoin. One such coin that has recently gained attention is LIGMA token, boasting an incredible +188,000% gain in less than 24 hours. However, is this
In a groundbreaking announcement, TCG World has revealed a strategic partnership with SKALE that promises to revolutionize the metaverse experience. By combining TCG World’s cutting-edge virtual environments with SKALE’s blockchain scalability solutions, a new era of digital universe is set to emerge. TCG World, renowned for its exceptional HDRP graphics and immersive gameplay, has been
Ark Invest has recently made headlines with the sale of 74,291 Coinbase shares, amounting to a total value of $20.8 million. This decision marks a significant shift in the firm’s investment strategy, following a previous sale of over $100 million worth of Coinbase shares just the week before. Rebalancing Across ETFs The sale of Coinbase
