Coinbase, a U.S Crypto exchange, announced the listing of three new altcoin perpetual futures contracts: Jupiter (JUP), Token (TNSR), and Jito (JTO). These contracts will be available for trading on the Coinbase Exchange and Coinbase Advanced platforms by May 16,2024 at 9:30 UTC.This announcement follows the previous addition of AR-PERP, HBAR-PERP, and THETA-PERP contracts on […]
The Nigerian government has denied the allegations made by Binance’s CEO, Richard Teng, claiming that its officials demanded a $150 million bribe to settle the criminal charges against the crypto exchange. In an official statement released on Wednesday, the Special Assistant to the Minister of Information and National Orientation, Rabiu Ibrahim, dismissed the claims as […]
The Bitcoin price has experienced heightened volatility over the past week. After recovering from a low of $56,500, the largest cryptocurrency in the market surged to $65,500 within four days. However, it has since retraced some of its gains and is currently testing the $61,000 support level. Despite this volatility and the absence of strong […]
Marathon Digital Holdings, Inc. (NASDAQ: MARA (MARA), a pioneer in digital asset technology, has presented the outcomes for the first financial quarter of 2024, demonstrating considerable development. The company had a 223% surge with revenues of $165.2 Million. An 400% increase from $51 million in 2023. The increased revenue is linked to a huge increase […]
The Ethereum price has been closing mirroring the performance of Bitcoin recently and since the Bitcoin price has been on a downtrend, the ETH price has followed. However, Ethereum on its own seems to possess more bearish fundamentals compared to Bitcoin, leading crypto analysts to believe that the second-largest cryptocurrency by market cap will fall […]
On May 3, 2024, a well-arranged poisoning operation saw the disappearance of 1,155 Wrapped Bitcoin (WBTC) worth about $71. 1 million. The attacker used vanity address services to generate an address that was almost identical to that of the victim, which eventually led the victim to send funds to the wrong address created by the […]
Justin Sun, the founder of Tron, appears to be embroiled in yet another scandal. Recent revelations by Protos journalists, who obtained sensitive documents, indicate that Sun promoted a no-moderation policy at BitTorrent, which he acquired for $140 million in 2018. Sun’s vision to transform BitTorrent since its acquisition has been geared towards turning it into […]
Digital Currency Group (DCG), Grayscale’s parent company, announced first-quarter revenue of $229 million, up 11% over the prior quarter. DCG’s first quarter revenue year over year was up 51% versus the same period last year while the price of bitcoin was up roughly 134%. The company disclosed that Grayscale contributed $156 million to its first-quarter […]
The Bitcoin mining difficulty has experienced a significant decrease, the largest drop observed in the last 18 months. This change is directly tied to fluctuations in the network’s hash rate, which has dipped below 600 EH/s following the recent halving event. The adjustment, which marks a 5.7% fall in mining difficulty, brings the level down […]
Joseph Lubin, one of the co-founders of Ethereum and CEO of Consensys, slammed the U. S. Securities and Exchange Commission (SEC) for its method of cryptocurrency regulation. During the FT Live’s Crypto and Digital Assets summit in London, Lubin stated that SEC is doing strategic enforcement rather than open discourse. This statement comes after Consensys’s […]