Gemini’s recent announcement of successfully recovering almost all of its customers’ digital assets has sent ripples throughout the cryptocurrency community. This unprecedented recovery by the crypto exchange, established by the Winklevoss twins, has showcased a level of responsibility and commitment that is commendable in the industry. The news broke on Wednesday, with Gemini revealing that
Currency exchange
In the bustling world of NFTs, Magic Eden Marketplace has emerged as a vibrant hub for enthusiasts in 2024. Initially focused on the Solana-based NFT sector, this decentralized marketplace has expanded to support Ethereum NFTs and the latest Bitcoin ordinals. With an impressive user count and reputation for low transaction costs, Magic Eden is the
OKX, a prominent cryptocurrency exchange, recently announced that it would be discontinuing its centralized cryptocurrency trading services for residents of Hong Kong effective May 31, 2024. This decision was made in compliance with regulatory requirements, with the exchange citing a “careful consideration” of its business strategy as the reason behind the move. While OKX assured
The recent report released by the team behind the Mollars token project has shed light on the growing interest in this new store-of-value asset within the cryptocurrency community. The data reveals that Mollars is gaining traction among crypto traders, with search volumes rivaling well-known tokens like Bonk Inu (BONK) and Pepe (PEPE). A closer look
In a landmark ruling on Thursday, the U.S. Supreme Court delivered a unanimous decision against Coinbase Inc. (COIN) in an arbitration dispute related to the cryptocurrency exchange’s 2021 Dogecoin (DOGE) sweepstakes. The 9-0 ruling clarified the need for a court to determine which legal agreement takes precedence when parties are governed by multiple contracts. Justice
Bitcoin, the leading cryptocurrency, has captured the attention of investors and analysts alike. One crypto analyst, known as ‘CrediBullCrypto’, has made a bold prediction regarding the future price of Bitcoin. His analysis points towards an “ultra bull scenario” for Bitcoin, suggesting that the price could surge above $80,000 in this market cycle. CrediBullCrypto’s insights into
In the world of cryptocurrency, new altcoins are constantly emerging, each vying for attention and investment. One such altcoin that has been generating significant buzz is Mollars (MOLLARS). The initial coin offering for Mollars has been met with great enthusiasm, with the project quickly approaching a total funding of US$1,500,000. A Unique Offering Mollars stands
Following a system-wide outage that impacted Coinbase’s website, mobile app, and API for over three hours, the crypto trading platform claimed to have resumed operations. However, many customers took to social media to express their frustration as they were still unable to withdraw their funds. This discrepancy between Coinbase’s announcement and user experience raises questions
Blockchain analytics company Elliptic recently announced a groundbreaking development in the fight against money laundering in Bitcoin transactions. Through a collaboration with researchers from the MIT-IBM Watson AI Lab, Elliptic has successfully leveraged artificial intelligence to detect illicit proceeds and identify new patterns of money laundering activities. By utilizing a deep learning model, researchers were
Recently, six Coinbase customers took legal action against the popular cryptocurrency exchange, Coinbase Global, along with its subsidiaries and CEO, Brian Armstrong. The class-action lawsuit, filed on May 5, makes the bold claim that the digital assets offered on Coinbase are, in fact, securities. This includes well-known tokens such as Solana, Polygon, Near Protocol, and