Cryptocurrency Market

  • Market Cap: $2,269,909,350,047.54
  • 24h Vol: $83,994,744,565.70
  • BTC Dominance: 55.88%
us-sentences-man-to-3-years-in-prison-for-defrauding-investors-in-crypto-mining-scheme

US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme

A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his victims’ money and failed to provide them with the miners and miner-hosting services they had purchased from him,” according to the U.S. Department of Justice (DOJ). Man Sentenced to Prison for Defrauding

US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme Read More »

ripple-ceo-warns-of-harm-to-crypto-industry-if-sec-wins-lawsuit-over-xrp

Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP

The CEO of Ripple Labs has warned of the harm to the crypto industry if the U.S. Securities and Exchange Commission (SEC) is able to prevail in its lawsuit against Ripple over xrp. He cautioned that the SEC’s enforcement-centric approach to regulating crypto “is not a healthy way to regulate an industry.” Ripple’s CEO on

Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP Read More »

central-banks-continue-to-show-strong-demand-for-gold-in-2023,-says-world-gold-council-report

Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report

Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold buyer, adding 23 tons to its central bank’s stash, while the People’s Bank of

Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report Read More »

us-prosecutors-seek-to-further-restrict-former-ftx-ceo-sam-bankman-fried’s-internet-access

US Prosecutors Seek to Further Restrict Former FTX CEO Sam Bankman-Fried’s Internet Access

The U.S. attorney for the Southern District of New York (SDNY), Damian Williams, and the Department of Justice (DOJ) are requesting “proposed modifications” to the bail conditions of former FTX CEO, Sam Bankman-Fried. The SDNY prosecutor is asking the court to prohibit Bankman-Fried from using a smartphone with an internet connection. Instead, the disgraced FTX

US Prosecutors Seek to Further Restrict Former FTX CEO Sam Bankman-Fried’s Internet Access Read More »

bitcoin-miners-brace-for-another-projected-difficulty-increase-as-hashrate-heats-up-amid-market-uncertainty

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty Read More »

nft-sales-dip-by-32%-in-the-last-week,-ordinals-squeeze-into-top-10-collections-via-emblem-vault

NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault

After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following February Spike in Digital Collectible Purchases During

NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault Read More »

gold-bug-schiff-says-‘the-months-of-declining-inflation-are-in-the-review-mirror,’-ai-crypto-assets-surge,-and-more-—-week-in-review

Gold Bug Schiff Says ‘The Months of Declining Inflation Are in the Review Mirror,’ AI Crypto Assets Surge, and More — Week in Review

Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be faced with more to worry about than the current battle against inflation. In other news, artificial intelligence (AI) crypto assets have seen a recent surge, and SEC Chairman Gary Gensler has tossed in

Gold Bug Schiff Says ‘The Months of Declining Inflation Are in the Review Mirror,’ AI Crypto Assets Surge, and More — Week in Review Read More »

reserve-bank-of-australia-unveils-proposed-cbdc-use-cases

Reserve Bank of Australia Unveils Proposed CBDC Use Cases

The Reserve Bank of Australia said on March 3 that it has selected 14 digital currency proposed use cases from a large number of submissions obtained from industry participants. An assistant governor at the RBA, Brad Jones, said the Aussie central bank is encouraged by the composition of providers that have been “invited to participate

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decentralized-exchange-pancakeswap-to-launch-version-3-iteration-in-april

Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April

On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity alongside enhancements in interface accessibility and the decentralized exchange (dex) platform’s yield farming experience. Pancakeswap Announces Version

Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April Read More »