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The crypto industry was struck with another unexpected development last night that sent shockwaves throughout the market and caused Bitcoin’s price to reel lower.
FTX, one of the biggest and fastest-growing crypto exchanges since its launch in 2019, today announced the acquisition of Blockfolio, a crypto portfolio tracking app, for $150 million.
Aside from DeFi, the debate about Ethereum’s current circulating supply has been the most-discussed topic on Crypto Twitter over recent days.
Just minutes ago as of the time of this article’s writing, Ethereum shot higher to $190.
Steem has been having a rough past few weeks, with many of its problems seeming to arise in the time following the Justin Sun-led TRON’s acquisition of Steemit in mid-February.
A United States judge has ruled Coinbase can be sued for negligence over its contentious 2017 Bitcoin Cash (BCH) listing, describing the actions of the iconic United States cryptocurrency exchange as constituting “incompetence born of haste”, Bloomberg reported.
A whale alert that found that one billion XRP was moved from Ripple’s wallet on August 1 sent hundreds of Twitter users into a frenzy, as many thought it was a nefarious token dump.
A massive crypto whale has moved 142,323 BTC on July 29, causing a stir in the crypto community on Twitter.
The number of “untouched” Bitcoins increased significantly over the past five years, according to recent data from CoinMetrics.
iFinex, the company that owns and operates Tether and Bitfinex, said that the claims made by the New York Attorney General’s office that the companies served New York residents throughout last year were “misleading.” The company’s latest legal filing asserts that the alleged “New York customers” were foreign ECPs who worked through New York-based traders.
News about a police raid of Tron’s offices in Beijing has gone viral on Twitter, with many people assuming the company was investigated for scams.
Taylor-Copeland Law and Susman Godfrey, LLP were named as co-counsel in a proposed class-action lawsuit against Ripple Labs, Inc for allegedly failing to comply with securities regulations.
Mustafa Al-Bassam, the co-founder of Facebook acquired blockchain startup Chainspace, said Libra could recreate a dystopian financial system that’s less censorship resistant and easier to manipulate than the current one.
The price of Bitcoin surged from $7,000 to $9,275, up more than 20 percent against the United States dollar, within a seven-day span between June 11 and 18.
The FASB and IASB, the two main rule-setting bodies for accounting standards worldwide, cited “lack of usage” as the main reason for not clarifying cryptocurrency accounting treatments.
Jack Dorsey—the CEO of Twitter and Square, announced “Square Crypto”—a team Dorsey is assembling to work full-time on improving the Bitcoin and cryptocurrency ecosystems “independent” of Square’s business objectives.
Multiple Amsterdam businesses received emails threatening them with hand grenades or shootings if they do not pay €50,000 in bitcoins to the sender, the NLTimes reported on October 31.