Cryptocurrency Market

  • Market Cap: $2,758,280,791,369.67
  • 24h Vol: $101,196,310,738.68
  • BTC Dominance: 58.76%

News

huobi-korea-plans-to-cut-ties-with-parent-company,-strengthen-domestic-presence

Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

According to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strengthen its position” as a domestic cryptocurrency exchange and change its name. Huobi Experiences Significant Withdrawals as Subsidiary Huobi Korea Looks to […]

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ftx-co-founder’s-alleged-extravagance-comes-to-light-in-bankruptcy-court-documents

FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents

Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover, SBF’s quantitative trading firm allegedly owes more than $55,000 to Jimmy

FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents Read More »

uncertainty-surrounds-federal-reserve’s-future-plans-for-rate-hikes

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate are intended

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes Read More »

report-claims-us.-prosecutors-investigate-hedge-funds-in-connection-with-binance-dealings 

Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings 

Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were allegedly issued subpoenas by the U.S. attorney’s office for the Western District of Washington. Sources Say U.S. Department of Justice Probes American Hedge Funds in Cryptocurrency Investigation

Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings  Read More »

gold-prices-expected-to-soar-in-2023:-experts-predict-record-highs-for-precious-metal

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal Read More »

wyre-announces-modification-of-withdrawal-policy,-pushing-topps-to-temporarily-suspend-nft-marketplace-transactions

Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions

Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto industry downturn and the “macroeconomic climate” as factors that have affected the company. On

Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions Read More »

report:-federal-prosecutors-in-new-york-probe-digital-currency-group-and-subsidiary-genesis

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and its subsidiary, Genesis Global Capital. Report Claims Digital Currency Group, Genesis Global Capital Allegedly

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis Read More »

chinese-researchers-claim-success-in-breaking-rsa-encryption-with-quantum-computer,-experts-debate-veracity-of-discovery

Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery

According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current security practices. However, a number of experts, computer scientists, and cryptographers do not believe the researchers have made a significant

Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery Read More »

huobi-layoffs-spark-controversy-and-speculation,-justin-sun-claims-everything-is-fine

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine Read More »

darknet-forum-dread-to-relaunch-after-month-long-downtime-due-to-ddos-attack

Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack

According to web portal darkdot.com and anonymous journalist Darkdotfail, the popular darknet forum Dread has been down for a month. The well-known forum, which was a place for darknet market (DNM) patrons to discuss operations security, rate specific vendors, and talk about stealth delivery ideas, has been absent for 30 days. However, the forum’s founder,

Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack Read More »