Author Alexander Stefanov

Bybit Breaks Barriers: Surges Past 50 Million Users in Just 40 Days

In a remarkable leap for the cryptocurrency space, Bybit has proudly announced that it has surpassed 50 million registered users in just 40 days, reinforcing its status as a leading global crypto exchange.

26.09.2024 8:15 3 min. read Alexander Stefanov

Congress Calls on SEC to Allow Banks to Custody Crypto

In a recent letter to Securities and Exchange Commission (SEC) Chairman Gary Gensler, 42 US Congressmen urged the SEC to allow banks to offer cryptocurrency custody services.

25.09.2024 21:00 1 min. read Alexander Stefanov

eToro Launches Direct Crypto Trading in Germany

eToro, a leading social trading platform, has expanded its crypto services in Germany by introducing spot trading through a new partnership with DLT Finance.

25.09.2024 20:30 2 min. read Alexander Stefanov

Is Ethereum’s Price Rally Losing Steam?

After a 15% rally in the last two weeks, Ethereum (ETH) is now stabilizing between $2,600 and $2,700.

25.09.2024 20:00 1 min. read Alexander Stefanov

Mt. Gox’s Recent Bitcoin Transfer Sparks Fears of Price Drop

Mt. Gox has moved a substantial amount of Bitcoin, sparking speculation about upcoming repayments to its customers.

25.09.2024 19:00 1 min. read Alexander Stefanov

As BNB Eyes $600 and Toncoin Traders Brace for a Drop, Is FoxLetFun the Meme Coin Set for 10X Gains Over Floki?

The crypto market is full of potential movers this week, with Binance Coin (BNB) gearing up to break the $600 barrier, while Toncoin (TON) traders brace for a possible price drop.

25.09.2024 18:51 3 min. read Alexander Stefanov

Ethereum’s Centralization Undermines Its Core Principles – Charles Hoskinson

Charles Hoskinson, the creator of Cardano (ADA), has sharply criticized the Ethereum (ETH) blockchain, likening it to a “dictatorship.” In a recent interview, he expressed concerns that Vitalik Buterin, Ethereum’s co-founder, holds excessive power over the network’s guidelines, which contradicts the decentralized principles Ethereum purports to uphold. Hoskinson pointed out that Cardano’s governance model, grounded […]

25.09.2024 18:30 2 min. read Alexander Stefanov

Dagestan Cracks Down on Illegal Crypto Mining Amid New Regulations

Following new regulations on crypto mining in Russia, Dagestan authorities have uncovered numerous illegal mining operations, prompting the regional prime minister to call for increased law enforcement efforts against these illicit activities amid rising electricity consumption.

25.09.2024 17:00 2 min. read Alexander Stefanov

MakerDAO Reconsiders WBTC Use After Key Meeting

Sky, previously known as MakerDAO, is reconsidering its stance on using Wrapped Bitcoin (WBTC) as collateral after a crucial meeting with BitGo CEO Mike Belshe.

25.09.2024 16:00 1 min. read Alexander Stefanov

Hamster Kombat Sees Over $14 Billion Locked on Binance Ahead of Launch

Hamster Kombat (HMSTR), a play-to-earn (P2E) game on Telegram, is gaining significant traction as it nears its launch, thanks in part to Binance’s backing.

25.09.2024 15:30 1 min. read Alexander Stefanov