The Future Forward USA PAC, which supports Vice President Kamala Harris’ presidential campaign, has recently announced that they are now accepting cryptocurrency donations through Coinbase Commerce. This decision comes after a clarification was made following comments made by Coinbase’s Chief Financial Officer, Alesia Haas, during Citigroup’s 2024 Global TMT Conference in New York. Initially, there
Crypto
Ripple has recently expanded its University Blockchain Research Initiative (UBRI) program to include South Korea’s prestigious Yonsei University. This collaboration marks the 58th partnership for Ripple’s global UBRI program, with 12 of them being in the Asia Pacific region. Yonsei University will engage in a long-term research effort focusing on blockchain technology, including artificial intelligence,
The recent charges levied by the U.S. Securities and Exchange Commission against Galois Capital, a crypto-focused advisory firm, highlight a crucial failure in ensuring that client assets were custodied with a qualified custodian. The SEC’s investigation revealed that Galois failed to uphold this fundamental responsibility, instead opting to hold the crypto assets with unqualified platforms
Bitcoin’s recent drop below $56,000 has raised concerns among investors, with Arthur Hayes predicting a potential further decline to $50,000. Hayes, the co-founder of BitMEX, pointed to broader macroeconomic factors such as the Federal Reserve’s actions and the dynamics of the US Treasury market as reasons for his bearish outlook. He highlighted the rise in
Recent data from CryptoQuant’s Ethereum Exchange Reserve metric has raised concerns within the cryptocurrency market. The metric, which monitors the amount of ETH stored in exchange wallets, has shown a noticeable increase. This uptick suggests that traders are moving their Ethereum onto exchanges in anticipation of selling, potentially adding to supply pressure and contributing to
In recent times, the cryptocurrency market has experienced a decrease in whale activity across major assets like Bitcoin and Ethereum. According to Santiment’s latest analysis, transactions valued at over $100k have seen a noticeable drop. For example, Bitcoin went from 115.1k high-value transactions during March 13-19 to just 60.2k by August 21-27. Ethereum followed a
Recently, the renowned crypto analyst known as the ‘Titan of Crypto’ shared with his 90,000 followers on Twitter a unique technical pattern that has never been witnessed before. This pattern involves the formation of a golden cross between the 100-day moving average and the longer 200-day moving average. A golden cross is typically seen as
The Open Network and its native token, TON, recently experienced a significant drop in price. The price plummeted by over 90% in just a few minutes on CoinMarketCap. This sudden crash saw TON’s value decrease from $5.2 to around $0.3. Despite the alarming drop, this issue was not directly caused by Toncoin or its team.
The Crypto Wealth Report 2024 by Henley & Partners has revealed a significant surge in the number of individuals holding over $1 million in digital assets, with a staggering increase of 95% to 172,300. This growth is parallel to the booming crypto market, which has witnessed a remarkable rise in its total value to $2.3
The recent surge in cyberattacks within the crypto space has caused significant financial losses to investors and companies alike. According to a report by blockchain security firm PeckShield, over $313 million was lost in a series of hacks last month. Notably, two large phishing attacks accounted for 93.5% of the total stolen funds, resulting in