Author Alexander Stefanov

Matrixport Strengthens European Presence with New Acquisition

Matrixport, a cryptocurrency financial services provider, is bolstering its European operations by acquiring the Swiss asset manager Crypto Finance.

01.10.2024 22:00 1 min. read Alexander Stefanov

Gold-Backed Token Surpasses $500 Million in Total Value

The gold-backed token has achieved a remarkable milestone, exceeding $500 million in total locked-in value (TVL) just months after its launch on July 9.

01.10.2024 20:00 1 min. read Alexander Stefanov

SoftBank Stock Soars on Potential $500 Million Investment in OpenAI

Shares of SoftBank Group Corp. surged on Tuesday following reports that the Japanese firm might participate in a significant funding round for OpenAI.

01.10.2024 18:00 1 min. read Alexander Stefanov

Japan Poised to Cut Crypto Taxes and Redefine Digital Assets by 2025

Japan’s Financial Services Agency (FSA) is preparing to reevaluate its crypto regulations, aiming to create a more investor-friendly environment by 2025, according to a Bloomberg report from Sept. 25.

01.10.2024 17:30 2 min. read Alexander Stefanov

272 Years of Sentences in Crypto Sector from 2019 to 2023

The cryptocurrency industry faces intensified legal scrutiny, with significant prison sentences handed down to prominent figures.

01.10.2024 16:30 1 min. read Alexander Stefanov

U.S. State Proposes Bill to Allow Bitcoin Payments for Taxes and Fees

Ohio State Senator Niraj Antani has proposed a new law that would allow residents to pay taxes and fees using Bitcoin and other cryptocurrencies.

01.10.2024 15:30 1 min. read Alexander Stefanov

Are We Going to See Ripple’s Stablecoin This Year?

The XRP community is buzzing with speculation about the upcoming release of Ripple’s stablecoin, RLUSD.

01.10.2024 15:00 2 min. read Alexander Stefanov

Bitcoin ETFs Continue Inflow Streak While Ethereum ETFs See Decline

Bitcoin spot ETFs in the U.S. maintained their positive streak on Monday, with net inflows reaching $61.3 million, marking eight straight days of gains.

01.10.2024 12:30 1 min. read Alexander Stefanov

U.K. With First-Ever Conviction for Operating Illegal Crypto ATM Network

A 45-year-old man, Olumide Osunkoya, has admitted to unlawfully managing a network of cryptocurrency ATMs, making it the first conviction of its kind in the U.K., as announced by the Financial Conduct Authority (FCA) on Monday.

01.10.2024 11:30 1 min. read Alexander Stefanov

Zuckerberg’s Wealth Soars to $201B as Meta Shifts Focus to AI and Metaverse

Mark Zuckerberg, the tech visionary behind Meta, now ranks as the fourth-richest individual globally with a fortune of $201 billion, thanks to the company’s pivot to metaverse technology and artificial intelligence.

30.09.2024 22:00 2 min. read Alexander Stefanov

Cardano Faces Challenges as Key Developer Leaves

A notable departure from the Cardano project has occurred as Vladimir Kalnitsky, a key developer behind the cardano-transaction-lib (CTL), has announced he is stepping away.

30.09.2024 20:30 1 min. read Alexander Stefanov

California Governor Vetoes Controversial AI Safety Bill

On September 30, California Governor Gavin Newsom vetoed the controversial artificial intelligence bill SB 1047.

30.09.2024 20:00 2 min. read Alexander Stefanov

Tron DAO Boosts Security After Major System Review

TRON DAO has successfully completed a thorough security evaluation of its Java-Tron client, conducted by ChainSecurity, a blockchain security firm.

30.09.2024 19:30 1 min. read Alexander Stefanov

Are Interest Rate Cuts from the ECB Looming in October?

Economists are now anticipating a 0.25% interest rate reduction from the European Central Bank (ECB) in October, moving away from prior predictions of a cut in December.

30.09.2024 18:00 1 min. read Alexander Stefanov

Upcoming October Token Unlocks Could Release $1.3 Billion in Crypto

Several cryptocurrency projects are set to make substantial token releases next month, notably Celestia, Sui, and Aptos, with a combined distribution of around $1.3 billion to their respective ecosystems.

30.09.2024 17:00 2 min. read Alexander Stefanov

Bitcoin Dips Amid Concerns Over Japan’s New Prime Minister

Bitcoin experienced a significant sell-off, dropping nearly 2.5% within the last 24 hours after Shigeru Ishiba was elected as Japan’s new prime minister.

30.09.2024 16:45 1 min. read Alexander Stefanov

Will Jerome Powell’s Upcoming Speech Influence Crypto Markets?

Jerome Powell, the Chair of the U.S. Federal Reserve, is set to speak at the National Association for Business Economics today, just ahead of the release of the U.S. nonfarm payrolls report on Friday.

30.09.2024 16:00 1 min. read Alexander Stefanov

Binance Pool Unveils New Merged Mining with LTC and DOGE Rewards

Binance Pool has introduced merged mining for Bellscoin (BEL), allowing participants to mine Litecoin (LTC) and earn additional rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).

30.09.2024 14:00 1 min. read Alexander Stefanov

Is XRP’s Bullish Breakout a Sign of Confidence Amid SEC Uncertainty?

XRP has recently broken through the symmetrical triangle resistance at $0.605, signaling a bullish trend in the altcoin’s price movement, despite ongoing speculation about potential SEC appeals.

29.09.2024 21:00 1 min. read Alexander Stefanov

Did Hamster Kombat’s Airdrop Fall Short of Expectations?

Hamster Kombat, a popular game on Telegram that allows users to earn by tapping, recently launched its HMSTR token on several prominent exchanges.

29.09.2024 20:00 2 min. read Alexander Stefanov

What Could Indicate a Signal for Ethereum’s Price?

Ethereum has shown a remarkable price recovery in recent weeks, leading some analysts to suggest that this could be just the beginning of a promising trend for altcoin.

29.09.2024 17:30 2 min. read Alexander Stefanov

Coinbase Predicts Major Crypto Gains in the Coming Months

Coinbase, a leading US cryptocurrency exchange, believes digital assets are poised for significant appreciation in the coming months.

29.09.2024 17:00 1 min. read Alexander Stefanov

Crypto Whale Loses $32 Million in Shocking Scam

A significant crypto incident has led to the loss of over $32 million in tokens after a whale mistakenly executed a malicious transaction, according to blockchain security firm ScamSniffer.

29.09.2024 13:00 1 min. read Alexander Stefanov

FTX Creditors Stunned by Minimal Payouts as Bankruptcy Plan Unfolds

According to recently updated bankruptcy documents shared by FTX creditor Sunil Kavuri, those owed money from FTX can expect to recover only 10-25% of their cryptocurrency.

29.09.2024 9:00 1 min. read Alexander Stefanov

Senator Lummis Takes Aim at SEC, Demands Clear Crypto Rules

Cynthia Lummis, a U.S. Senator and pro-crpypto advocate, has criticized the SEC’s approach to cryptocurrency regulations, claiming it hinders the industry’s growth.

28.09.2024 20:00 2 min. read Alexander Stefanov

Crypto Expert Says Memecoins Are Ready for a Major Comeback

A prominent crypto expert, known for accurate altcoin predictions, is expressing optimism about memecoins.

28.09.2024 18:00 1 min. read Alexander Stefanov

Ethereum ETFs See Significant Surge as Institutions Offset Whale Sell-Offs

After a stretch of sluggish activity, spot Ethereum ETFs are seeing renewed momentum, largely attributed to increased liquidity following recent Federal Reserve rate cuts.

28.09.2024 16:00 1 min. read Alexander Stefanov

Crypto Platform Loses $2 Million in Hack and Offers Job to Thief

A recent security breach at the crypto liquid restaking platform Bedrock resulted in a loss of around $2 million due to a smart contract vulnerability in its uniBTC vaults.

28.09.2024 14:00 1 min. read Alexander Stefanov

Onyx Protocol’s $3.8 Million Hack: Insider Threats or External Attack?

Onyx Protocol recently suffered a significant exploit, resulting in a loss of $3.8 million.

28.09.2024 12:00 1 min. read Alexander Stefanov

Bitcoin Must Hold Above This Level to Preserve Momentum, Analytics Firm Warns

A cryptocurrency analytics firm recently revealed that major investors, often referred to as whales, have begun shorting Bitcoin (BTC) again as its price approaches $67,000.

28.09.2024 9:30 1 min. read Alexander Stefanov

Tornado Cash Co-Founder to Stand Trial as Judge Rejects Dismissal Plea

A U.S. federal judge has ruled that Roman Storm, co-founder of Tornado Cash, will face trial as his motions to dismiss the charges and compel discovery were denied.

28.09.2024 8:30 1 min. read Alexander Stefanov

Top Trader Predicts Significant Surge for These Altcoins

Popular crypto expert Sherpa has expressed bullish sentiments on a mid-cap Real World Asset (RWA) token, while also sharing thoughts on three other altcoins.

27.09.2024 22:00 1 min. read Alexander Stefanov

Top 20 Cryptos for Q4, According to Grayscale Investments

Grayscale revealed its top 20 cryptocurrencies for the fourth quarter of 2024, adding six new altcoins and emphasizing trends such as decentralized artificial intelligence and blockchain scalability.

27.09.2024 21:30 1 min. read Alexander Stefanov

Ethereum Whale Scores Massive Profit as ETH Surges Past $2,600

September brought surprising gains for the crypto market, with Ethereum rising above $2,600.

27.09.2024 18:15 1 min. read Alexander Stefanov

WazirX Hacker Nears Completion of $230M Laundering, Only $6M in Ethereum Left

The hacker responsible for stealing $230 million from WazirX in July is close to finishing laundering the funds, with only $6 million left in Ethereum (ETH), according to the Arkham Intelligence chain.

27.09.2024 18:00 1 min. read Alexander Stefanov

Memecoins Soar as Bitcoin Price Surges Past $66,000

The bullish santiment is prevailing within the Bitcoin market as we are witnessing major price surges across the board.

27.09.2024 17:49 2 min. read Alexander Stefanov

Is Hamster Kombat Set for a Comeback After Coinbase Listing?

Coinbase has officially added support for Hamster Kombat, a tap-to-earn game on Telegram, by listing its token, HMSTR, for perpetual futures trading.

27.09.2024 17:30 1 min. read Alexander Stefanov

Binance Launches Pre-Market Platform for Early Token Access

Binance, the leading global cryptocurrency exchange, has introduced its latest offering: the Binance Pre-Market platform.

27.09.2024 13:00 1 min. read Alexander Stefanov

Crypto Investor Transforms $1,300 into 195,000% Profit – Is Insider Trading at Play?

A cryptocurrency investor turned a $1,300 bet on the hippo-themed Moo Deng (MOODENG) token into an astonishing $3.4 million in just two weeks, achieving a staggering 2,554% return.

27.09.2024 10:30 1 min. read Alexander Stefanov

Worldcoin Faces Fine in South Korea Amid Data Privacy Violations

Worldcoin has received negative attention in South Korea amid ongoing data breach concerns affecting several nations.

27.09.2024 10:00 1 min. read Alexander Stefanov

Is XRP on the Brink of a Major Breakout?

Ripple’s cryptocurrency has surprisingly withstood bearish trends and has even shown signs of recovery, despite a significant sell-off of 350 million XRP from its treasury reserves in September.

27.09.2024 9:30 2 min. read Alexander Stefanov

Cardano is Better Than Bitcoin and Ethereum, According to Charles Hoskinson

The competition among leading blockchains, including Bitcoin, Ethereum, and Cardano, intensifies, with Charles Hoskinson of Cardano making bold claims after the recent Chang hard fork.

27.09.2024 8:30 1 min. read Alexander Stefanov

SEC Officially Approves BNY Mellon’s Crypto Custody Plan

The U.S. Securities and Exchange Commission (SEC) has greenlit Bank of New York Mellon Corp.’s (BNY Mellon) initiative to provide custody services for digital assets, potentially encompassing a range beyond just Bitcoin and Ethereim ETFs.

27.09.2024 8:00 1 min. read Alexander Stefanov

Phantom Wallet Integrates with dYdX, Expanding DeFi Access to Millions

In a major development for DeFi, the dYdX Foundation has announced the integration of the popular Solana-based Phantom Wallet with its decentralized platfrom

27.09.2024 7:00 2 min. read Alexander Stefanov

UAE Crypto Market Surges with Over $30B in Transactions

A recent report by Chainalysis highlights that the United Arab Emirates (UAE) stands out in global cryptocurrency activity, showing significant growth across all categories by transaction size.

26.09.2024 21:30 1 min. read Alexander Stefanov

Is PayPal’s PYUSD Stablecoin in Trouble? Market Cap Drops 30%

PayPal’s stablecoin PYUSD has lost nearly 30% of its market capitalization in the past 30 days, falling from over $1 billion to $709 million as of September 26.

26.09.2024 21:00 1 min. read Alexander Stefanov

Toncoin Faces Major Sell-Off Risks – Here is Why

A prominent cryptocurrency analyst warns that Toncoin (TON), a notable competitor to Ethereum (ETH), may face significant selling pressure soon.

26.09.2024 20:30 2 min. read Alexander Stefanov

New York City Mayor Faces Federal Corruption Charges

New York City Mayor Eric Adams has been indicted as a result of a federal corruption investigation, making him the first mayor in the city’s history to be indicted during his tenure.

26.09.2024 20:00 1 min. read Alexander Stefanov

Are Emerging Economies Poised to Dethrone the Dollar?

Former U.S. Treasury Secretary John Connally, who served under President Richard Nixon, famously remarked that “The dollar is our currency, but that’s your problem.”

26.09.2024 19:00 2 min. read Alexander Stefanov

Will China’s $142 Billion Bailout Revive Its Struggling Economy?

China is considering a significant capital boost of about $142.4 billion (1 trillion yuan) to support its largest state bank, aiming to revitalize a faltering economy and stagnant markets.

26.09.2024 18:00 1 min. read Alexander Stefanov

Justin Sun Moves Millions in TUSD: A Signal of Market Turbulence?

Recent activity from Justin Sun, founder of the Tron blockchain, has drawn attention after millions in TUSD, a US dollar-pegged stablecoin, were transferred to various addresses.

26.09.2024 17:30 1 min. read Alexander Stefanov

Ethena Unveils New Stablecoin with BlackRock Backing

Ethena is gearing up to release UStb, a new stablecoin developed in partnership with Securitize, a platform specializing in real-world asset tokenization.

26.09.2024 17:00 1 min. read Alexander Stefanov

Is the Approval of Bitcoin ETF Options Good or Bad News?

The Bitcoin options market has hit a significant milestone following the U.S. Securities and Exchange Commission’s approval of options trading on BlackRock’s iShares Bitcoin Trust.

26.09.2024 16:30 1 min. read Alexander Stefanov

Victims of Terrorism Demand Full Share of $4.3B Binance Settlement in U.S. Lawsuit

A new lawsuit alleges that the U.S. Department of Justice must set aside most of a $4.3 billion settlement with Binance for a fund for victims of state-sponsored terrorism.

26.09.2024 15:30 2 min. read Alexander Stefanov

Is Bitcoin Overpriced or Undervalued? New Research Reveals Key Insights for Investors

A recent analyst study introduces an advanced approach to estimating the active realized price of Bitcoin, offering a more accurate estimate of the cost base of active market participants.

26.09.2024 15:00 2 min. read Alexander Stefanov

Bitcoin Eyes New Heights, Will Altcoins Follow?

The founders of Glassnode, an analytics firm, believe an altcoin rally could soon begin.

26.09.2024 11:30 1 min. read Alexander Stefanov

Solana’s Price Will Explode, Challenging Ethereum’s Market Dominance – VanEck

A recent report from VanEck suggests that Solana could reach a price of $330, potentially achieving half of Ethereum’s current market value.

26.09.2024 11:00 1 min. read Alexander Stefanov

Mango Markets Proposes $500K Settlement With the CFTC After Exploit Investigation

The decentralized exchange Mango Markets, built on Solana, has put forth a $500,000 settlement proposal to the U.S. Commodity Futures Trading Commission (CFTC).

26.09.2024 10:30 1 min. read Alexander Stefanov

Google Unveils Faster and Cheaper Gemini 1.5 Models for Developers

Google has unveiled two stable versions of its Gemini 1.5 API models, designed to improve app development efficiency and reduce production costs.

26.09.2024 10:00 1 min. read Alexander Stefanov