Cryptocurrency news
Coinbase tracks 6% rise in info requests from law, government agencies
The requests are increasing in number and coming from more jurisdictions every year. Crypto exchange Coinbase says it recorded a 6% rise in requests from law enforcement and government agencies compared to 2022, with the number of jurisdictions issuing requests jumping by 19, ac...
Can Sony and Microsoft bring blockchain to gaming consoles?
Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed? Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an i...
Cristiano Ronaldo sued for promoting Binance, unregistered securities
The soccer star’s Binance-tied NFTs allegedly promoted investments in unregistered securities on the crypto exchange. Pro-soccer star Cristiano Ronaldo has been hit with a proposed class-action lawsuit from plaintiffs claiming they suffered losses from his promotion of the now-l...
FTX users name Mercedes F1 team and MLB in new promo lawsuits
The group of FTX users is taking aim at the Mercedes Formula One team and Major League Baseball for allegedly helping FTX commit fraud by promoting the crypto exchange on its platforms. The Mercedes-AMG Petronas F1 Team and Major League Baseball (MLB) helped FTX perpetrate fraud...
What happened in crypto this weekend?
U.S. presidential candidate Vivek Ramaswamy is bringing Bitcoin into the upcoming Republican debate, Kyber Network recovers $4.67 million and the GBTC discount is at its lowest in more than two years. Bitcoin to become talking point in U.S. Republican debate Vivek Ramaswamy, a...
Jim Cramer admits he was wrong about Bitcoin — ‘I was premature’
“I made a lot of money,” said Cramer who cleared a profit on Bitcoin despite urging investors to sell the cryptocurrency. Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin BTC $37,403, saying he was premature in calling for investors to sell the cry...
HTX exchange loses $13.6M in hot wallet hack: Report
The incident affected the greater HTX, Tron and BitTorrent ecosystem. HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of a $86.6 million exploit against the HECO Chain bridge on Nov. 22. According to a report from blockchain security firm Cyvers...
Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns
Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets. Average daily transaction fees on Bitcoin BTC $36,463 have flipped with Ethereum following a frenzy of Ordinals-related activity on the Bitcoin network. O...
Kraken co-founder slams ‘decel’ SEC, warns others should flee US
Jesse Powell didn’t mince words when he criticized the SEC for suing his exchange, calling it the country’s “top decel.” Kraken co-founder Jesse Powell has lashed out at the Securities and Exchange Commission after it sued his crypto exchange for alleged securities law violation...
Bitcoin-friendly Javier Milei wins Argentina presidential election
Milei won over 55% of the votes with 99% of the votes counted in the run-off presidential election. Argentina's Bitcoin BTC $37,211-friendly Javier Milei won the country’s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa. With almost 99% of the v...