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Worldcoin’s Request for Injunction Denied as Spain’s AEPD Upholds Temporary Suspension

12.3.2024
Worldcoin has been unsuccessful in obtaining an injunction against a temporary suspension imposed by Spain's data protection authority, the AEPD. The post Worldcoin’s Request for Injunction Denied as Spain’s AEPD Upholds Temporary Suspension appeared first on Cryptonews

Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit

7.3.2024
Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett. “Our trading volumes and business more generally have imploded,” said Blodgett after the SEC froze Binance.US’...

Breaking Down Dencun’s Potential to Slash Ethereum Costs

4.3.2024
Ethereum’s major upgrade, “Dencun” is scheduled to drop on March 13, and, according to developers, it will immediately decrease gas fees on layer 2s by 75%. A new technological feature called proto-danksharding, aka blobs, is driving this impressive added scale. Proto-danksharding...

Breaking: Coinbase Crashes, Sparking Bitcoin Bull Run Hopes as Market Remembers Past Surges

28.2.2024
Coinbase experienced a major outage today, causing a temporary decline in Bitcoin's price. The crash has sparked speculation about a potential Bitcoin bull run, as the market draws parallels with previous Coinbase outages that preceded a major surges in Bitcoin's value. The post Breaking: Coinbase...

Crypto market correction: A temporary dip or a fundamental shift?

24.1.2024
The crypto market has not really done well since the launch of the Bitcoin ETF. The valuation of every possible token is crumbling every day. BTC, for one, is down to ~$40,000, and ETH is trading at ~$2,200. Many have stated that this is a temporary pullback, expected to last for a short time. Some...

SEC Blames Social Media Account Hack on ‘SIM Swap’ Attack in Fake Bitcoin ETF Post

23.1.2024
The US Securities and Exchange Commission (SEC) has revealed that its social media account on X fell victim to a “SIM swapping” attack in relation to the false post about the approval of Bitcoin exchange-traded funds (ETFs) earlier this month. The incident, which occurred on January...

IRS Delays Enforcement of Digital Asset Reporting Rules, Awaiting Regulations

18.1.2024
On Tuesday, the U.S. Internal Revenue Service (IRS) and Treasury provided transitional guidance on digital asset reporting, postponing enforcement pending regulation issuance. IRS Temporarily Halts Enforcement of Digital Asset Reporting The U.S. Treasury Department and the Internal Revenue Service...

USDC Stablecoin Temporarily Depegs to $0.76 on Binance Amid Market Turbulence

4.1.2024
Circle’s USDC, typically pegged to the dollar, experienced unexpected volatility on Binance, dipping as low as $0.76 amidst a market rattled by Bitcoin ETF skepticism and a significant liquidation in derivatives. USDC Temporarily Depegs on Binance Amidst Crypto Market Sell-Off In...

Bitzlato Suspends Bitcoin Withdrawals Indefinitely After Founder Pleads Guilty to Unlicensed Money Transmitting

27.12.2023
Source: Pixabay Crypto exchange Bitzlazo has temporarily suspended the withdrawal of Bitcoins from its platform. In a Telegram post published on Wednesday, the Hong Kong-based crypto exchange announced that it had suspended special balance withdrawals and technical customer support as a “temporary...

Bitcoin Miner Stronghold Secures $15 Million Equity Raise Amidst Hashrate Curtailment Challenges

23.12.2023
In a recent disclosure, the publicly-listed bitcoin mining corporation Stronghold Digital Mining publicized its entry into a $15 million securities purchase agreement with an institutional investor. Furthermore, Stronghold elaborated that the firm’s Panther Creek Plant encountered unforeseen...

EthereumPOW Core Team Disbands to Achieve Full Decentralization as OneDAO Provides Transitional Support

19.12.2023
The EthereumPOW core team is disbanding to achieve decentralized governance, with OneDAO providing temporary support. Image by Sergey Nivens, Adobe Stock. The core development team behind the proof-of-work (PoW) fork of Ethereum announced on Tuesday its decision to dissolve EthereumPOW’s...

WOO X Crypto Exchange Reopens Trading with Enhanced Security After Market Maker Breach

20.11.2023
Source: iStock/JuSun Crypto trading platform WOO X has resumed operations after one of its market markers saw a significant amount of crypto assets withdrawn due to a breach of its security system. “It is business as usual for WOO X, as WOO reassures users that all client assets remain secure...

Binance to Perform Wallet Maintenance, Announces Temporary Suspension on Bitcoin Withdrawals

2.11.2023
Crypto exchange behemoth Binance is set to conduct wallet maintenance for the Bitcoin (BTC) network on Friday. According to a company update, the exchange will temporarily suspend BTC withdrawals on Nov. 3 until the maintenance is complete. The wallet maintenance is expected to take about...

Paypal Achieves FCA Registration in the UK, Paving the Way for Crypto Services Resumption in 2024

2.11.2023
The payments giant Paypal has successfully achieved registration with the Financial Conduct Authority (FCA) in the United Kingdom, a fact verified by the FCA’s website on October 31. This move comes shortly after Paypal’s temporary cessation of crypto purchases within the U.K., although the company...

Breaking: Bitstamp Resumes XRP Trading After Temporary Suspension

10.10.2023
Just 1 hour after Bitstamp Exchange revealed that it experienced a temporary issue with XRP trading, it announced the resumption of the trading of the coin.... Read More: Breaking: Bitstamp Resumes XRP Trading After Temporary Suspension

Sam Bankman-Fried Trial: A Colossal Legal Showdown Starts Next Week

30.9.2023
A calendar has been set for the upcoming trial of United States v. Bankman-Fried, with jury selection beginning October 3, 2023. The FTX founder, Sam Bankman-Fried, was denied temporary release from prison but will be allowed to use an “air-gapped,” internet-disabled laptop...