Recently, Hong Kong’s Securities and Futures Commission (SFC) issued a warning to the public regarding suspicious websites that are impersonating licensed crypto exchanges in the city-state. The SFC highlighted that these deceptive websites are trying to deceive users by impersonating the image and branding of both Hash Blockchain Limited and OSL Digital Securities Limited. This
Bitcoin prices have skyrocketed to $65,500 in early trading, marking a substantial increase from its previous levels. This surge has propelled the cryptocurrency to its highest price point since November 2021, positioning it just 5% below its previous all-time high. Since hitting a cycle low of nearly $16,000 in December 2022, Bitcoin has seen a
In recent years, the cryptocurrency industry has witnessed the rise of niche asset classes that have become major players in the market during bull markets. In the previous cycle that abruptly ended in 2022, NFTs and meme coins dominated the scene. As experts suggest that Bitcoin and the rest of the market have already entered
In the world of blockchain gaming, NFT Worlds was making waves by selling in-game land as NFTs on the Polygon network through a customized Minecraft server. However, their momentum came to a screeching halt in 2022 when Minecraft banned NFTs. This decision forced NFT Worlds to rethink their strategy and ultimately led to a complete
The world of NFTs has been abuzz with activity in recent times, with eye-catching numbers and remarkable growth being reported. While Bitcoin made headlines with its stellar performance in NFT sales, other blockchains like Ethereum, Solana, and BNB Chain also showed impressive numbers. The Bitcoin network recorded over $162 million in transactions, marking a significant
Ilya Lichtenstein, a notorious figure in the world of cryptocurrency, has recently become a key player in helping federal prosecutors in building a case against Bitcoin Fog, a crypto mixing service. This comes after Lichtenstein pleaded guilty to money laundering charges last year, following his involvement in the hacking of Bitfinex and the theft of
After recently settling with the U.S. Department of Justice on charges of money laundering and terrorism financing, Binance now faces scrutiny from Nigeria’s House of Representatives Committee on Financial Crimes. The committee has issued an ultimatum to Binance CEO Richard Teng, demanding his appearance before them by March 4. The allegations against Binance include involvement
Bitcoin’s price has experienced a significant increase recently, surpassing the $62,000 mark and causing speculation about the potential start of a major bull run. The cryptocurrency community has been thrilled by the price surge, while skeptics have been taken aback by the rapid growth. This surge in price has been accompanied by the longest monthly
As Bitcoin (BTC) surged past the $64,000 mark, on-chain indicators are now raising concerns about a possible overheating of the market. Analysis from market intelligence firm CryptoQuant suggests that the rising traders’ unrealized profit margin and the high cost of opening new long positions in perpetual futures markets are signaling a potential pause or correction
Recent data from various exchanges has shown a continued bullish sentiment among Ethereum traders. A staggering $906 million worth of Ethereum was withdrawn from crypto exchanges in the past week alone, indicating a strong holding mentality among investors. This significant exodus of ETH from exchanges could suggest that traders are optimistic about higher prices in
