Category: Cryptocurrency

The lawyer representing Sam Bankman-Fried, the Founder of FTX, urged US District Judge Lewis Kaplan yesterday (Tuesday) to consider a lenient sentence for his client’s conviction related to the alleged misappropriation of funds from customers of the now-defunct cryptocurrency exchange. Bankman-Fried’s attorney, Marc Mukasey, emphasized that most clients would likely recover their funds, mitigating the […]

The strong ascent of Dogwifhat (WIF) has made it stand out among cryptocurrencies and captivated investors. Crypto markets are gearing up for the first weekend of the month, and memecoins in particular are showing strong signs of positive momentum. Amidst the increased hope, the meme coin based on Solana experienced an incredible 320% rally last […]

Bitget Wallet, Asia’s largest non-custodial Web3 wallet, has announced a new partnership with Bitcoin Layer 2 company B2 Network. The collaboration will give Bitget Wallet’s over 15 million global users access to B2 Network’s cross-chain transactions directly through Bitget’s mobile and browser-based applications. By integrating smart contracts into the Bitcoin network, B2 Network serves as […]

BlackRock, the world’s largest asset manager, announced the iShares Bitcoin Trust ETF (IBIT39) launch in Brazil on Thursday. Starting today, Friday, March 1, shares of this index fund, which tracks the spot price of Bitcoin (BTC), will be traded on the Brazilian Commodities and Futures Exchange, known as B3. BlackRock Launches IBIT39 Bitcoin ETF In […]

Gemini Trust, owned and controlled by the Winklevoss twins, has settled with the New York State Department of Financial Services (DFS), committing to return $1.1 billion to the Earn customers, 100 percent of their locked-up holdings. Settlement amid Monetary Commitments Announced yesterday (Wednesday), Gemini will contribute $40 million towards the bankruptcy proceedings of Genesis, which […]

Cardano (ADA) is currently riding on the back of a 14% gain in the past seven days, allowing the cryptocurrency to break past the $0.70 price level for the first time since May 2022. According to crypto exchange Changelly, Cardano is poised to continue on this price growth and break over $1, $10, and $100 […]

Bitcoin surpassed $60,000 yesterday (Wednesday). It also exposed the readiness of a top crypto exchange, Coinbase, as some of its services crashed due to massive demand. Many Coinbase users complained that their balance on the exchange dropped to zero. Coinbase has confirmed that “all customer account balance display issues have been restored.” All customer account […]