Cryptocurrency Market

  • Market Cap: $3,578,429,060,367.05
  • 24h Vol: $466,686,733,144.29
  • BTC Dominance: 53.39%

Research

hong-kong-judge-rules-crypto-assets-as-‘property,’-following-similar-rulings-worldwide

Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide

In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto […]

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tech-industry-leaders-call-for-ai-labs-to-pause-development-for-safety,-coinbase-ceo-disagrees

Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees

This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an

Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees Read More »

crypto-hardware-wallet-maker-ledger-raises-$100m-amid-growing-demand-for-secure-storage-solutions 

Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions 

The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a Swiss bank.” Ledger to

Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions  Read More »

most-crypto-sent-from-wallets-sponsoring-russia-in-ukraine-war-reaches-cexs,-binance,-research-shows

Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows

Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto trading platforms in order to be laundered. Over 90% of Pro-Russian Crypto

Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows Read More »

bitcoin-hashrate-reaches-400-exahash-per-second,-researcher-says-network-could-reach-zettahash-era-by-2025

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second.

Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025 Read More »

ukraine-raises-more-crypto-than-russia-in-year-of-war,-analysis-unveils

Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils

The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation has attracted more digital asset donations than the invading power. Ukraine Supporters Sent Over $212 Million in

Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils Read More »

nba-hall-of-famer-paul-pierce-charged-by-sec-for-touting-emax-tokens

NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens

The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million. SEC Chair Gary Gensler Wants to Remind Celebrities of Disclosure Laws

NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens Read More »

banks-in-russia-to-lose-$700-million-a-year-due-to-digital-ruble,-experts-say

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say

Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s Digital Ruble Said to Result

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say Read More »

darknet-market-solaris-hacked-by-competitor,-elliptic-reveals

Darknet Market Solaris Hacked by Competitor, Elliptic Reveals

A leading marketplace on the dark web, Solaris, has been hit by a rival, according to crypto analytics company Elliptic. The Russia-linked platform, which tried to occupy space vacated by the busted Hydra, is believed to have conquered up to a fifth of the illicit market before the hack. Solaris Allegedly Taken Over by Darknet

Darknet Market Solaris Hacked by Competitor, Elliptic Reveals Read More »

switzerland-less-affected-by-crypto-industry-crisis,-study-finds

Switzerland Less Affected by Crypto Industry Crisis, Study Finds

While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left it, or the business altogether. Crypto Valley

Switzerland Less Affected by Crypto Industry Crisis, Study Finds Read More »