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Category: News

Stay updated with the latest news on cryptocurrencies and blockchain. Learn about the newest trends and events in the world of cryptocurrencies.

  • U.S. ATTORNEY’S OFFICE ASKS COURT TO IMPOSE TRAVEL RESTRICTIONS ON CZ

    U.S. ATTORNEY’S OFFICE ASKS COURT TO IMPOSE TRAVEL RESTRICTIONS ON CZ

    The U.S. Attorney’s Office has asked a federal judge to impose additional travel restrictions on former CEO of cryptocurrency exchange Binance Changpeng Zhao. In a motion filed on February 23, 2024 in U.S. Court, prosecutors asked Judge Brian Tsuchida to approve a motion clarifying Zhao’s bail conditions. Prosecutors said CZ…

  • The COURT FINDS BINANCE GUILTY. THE EXCHANGE WILL PAY A FINE OF $4.3 BILLION

    The COURT FINDS BINANCE GUILTY. THE EXCHANGE WILL PAY A FINE OF $4.3 BILLION

    Federal Judge Richard Jones has approved a plea agreement for cryptocurrency exchange Binance. The company will pay a fine of $4.3 billion, Bloomberg reports, citing the words of the judge during the hearing in Seattle. “This is really a case where the company’s ethical standards were violated because of greed,”…

  • COINGECKO EXPERTS HAVE DETERMINED THE BEST TIMEFRAME FOR SELLING TOKENS FROM AIRDROPS

    COINGECKO EXPERTS HAVE DETERMINED THE BEST TIMEFRAME FOR SELLING TOKENS FROM AIRDROPS

    Out of the top 50 airdrops, 23 of them recorded peak prices for their tokens within the first two weeks of launch. This follows from a new report by CoinGecko experts. In particular, we are talking about such projects: In addition, CoinGecko experts noted some other projects, namely: ArbDoge AI…

  • THE UNISWAP COMMUNITY HAS MADE A PROPOSAL TO REWARD SOME UNI HOLDERS

    THE UNISWAP COMMUNITY HAS MADE A PROPOSAL TO REWARD SOME UNI HOLDERS

    On February 23, 2024, a new proposal appeared on the official website of the Uniswap community. Among other things, the initiative would reward those UNI holders who staked and delegated their tokens. The proposal was made by Erin Cohen of the Uniswap Foundation, a representative of the blockchain development support…

  • THERE’S BEEN AN OUTAGE ON THE AVALANCHE NETWORK.

    THERE’S BEEN AN OUTAGE ON THE AVALANCHE NETWORK.

    February 23, 2024 Avalanche’s C-Chain has experienced a glitch, according to the blockchain’s status page. For more than two hours, the network failed to produce new blocks. Kevin Seknicki, co-founder of Ava Labs studio, a blockchain developer, commented on the situation. According to him, the possible cause of the failure…

  • EUROPEAN REGULATOR AMLA TO BE HEADQUARTERED IN FRANKFURT WITH OVERSIGHT OF THE CRYPTO SPHERE

    EUROPEAN REGULATOR AMLA TO BE HEADQUARTERED IN FRANKFURT WITH OVERSIGHT OF THE CRYPTO SPHERE

    The headquarters of the new financial regulator of the European Union AMLA will be located in the city of Frankfurt, Germany. The corresponding decision was made by the Council and Parliament of the EC. Frankfurt took the first place in the vote for the location of the headquarters. In second…

  • TOTAL TRADING VOLUME OF SPOT BITCOIN-ETF EXCEEDED $50 BLN

    TOTAL TRADING VOLUME OF SPOT BITCOIN-ETF EXCEEDED $50 BLN

    The cumulative trading volume of spot bitcoin-ETFs has surpassed $50 billion, according to SoSo Value. It took investment products six weeks to reach this mark. Since the beginning of February 2024, the sector’s total trading volume has grown from $28.3 billion to $50.5 billion. It’s worth noting that this asset…

  • JACK DORSEY’S BLOCK GENERATED $2.02 BILLION IN REVENUE IN THE IV QUARTER

    JACK DORSEY’S BLOCK GENERATED $2.02 BILLION IN REVENUE IN THE IV QUARTER

    Jack Dorsey’s company Block generated $2.02 billion in revenue in Q4 2023 – a 22% increase compared to the same period in 2022. This follows from the firm’s report. For 2023 as a whole, the company generated $7.5 billion in revenue, up 25% compared to 2022. Net income in Q4…

  • RIOT PLATFORMS AND TBC SUE THE U.S. DEPARTMENT OF ENERGY

    RIOT PLATFORMS AND TBC SUE THE U.S. DEPARTMENT OF ENERGY

    The Texas Blockchain Council (TBC) and cryptocurrency mining company Riot Platforms filed a lawsuit against the U.S. Department of Energy (DoE). The plaintiffs have requested a ban on the “emergency” collection of data on bitcoin miners, which was previously initiated by some government organizations. According to the documents, the petitioners…

  • DONALD TRUMP COMMENTED ON HIS STANCE ON BITCOIN

    DONALD TRUMP COMMENTED ON HIS STANCE ON BITCOIN

    US presidential candidate Donald Trump recognized that bitcoin is growing in popularity. He also supported the idea of regulating this asset. Trump’s stance softening slightly on Bitcoin. pic.twitter.com/TgmdPd40v1 The politician shared his opinion on the matter during an interview for Fox News Channel before the South Carolina primary. The bitcoin…