In an era aimed at democratizing finance, cryptocurrency has made strides that are both commendable and alarming. Unfortunately, one of the sector’s most significant hurdles remains its susceptibility to various security flaws. The shocking reality is that billions in cryptocurrency vanish each year due to an unsettling mix of hacks and vulnerabilities. The staggering Bybit
Exchanges
The recent listing of APENFT (NFT) on the Kraken exchange symbolizes a pivotal shift in the NFT marketplace. With APENFT now tradable against fiat currencies like USD and EUR, the barriers that once limited engagement with digital art collectibles are gradually disintegrating. This development is more than just a logistical achievement; it signifies a broader
In the ever-evolving landscape of finance, Decentralized Autonomous Organizations (DAOs) are emerging as a revolutionary force. Traditionally, financial systems have been dominated by centralized entities, but as technology advances, communities are beginning to take the reins through DAOs. The TRON DAO, which champions the mission of reshaping the internet using blockchain technologies, is not just
The cryptocurrency realm is often painted with hues of volatility and uncertainty; however, Crypto.com has emerged as a colossus, reporting an astonishing $1.5 billion in revenue for 2024. This triumph is not mere coincidence but a testament to the strategic maneuvers spearheaded by CEO Kris Marszalek. While some observers remain skeptical, accusing exchanges of operating
In a striking move that has sent shockwaves through the cryptocurrency space, the Cronos community recently sanctioned a contentious decision to reinstate 70 billion CRO tokens that were initially burned in 2021. The action, driven heavily by Crypto.com, garnered a slender 62.18% of the vote, an alarming statistic in a decentralized ecosystem ostensibly rooted in
In a dramatic turn of events, OKX has taken the exceptional step of suspending its Web3 decentralized exchange (DEX) aggregator in light of intense scrutiny from European regulators. Announced on March 17, this suspension may seem like a protective measure, but it raises critical questions about accountability and the current state of regulation in the
Vermont’s recent decision to withdraw its legal action against Coinbase marks a significant moment in the ongoing discussion around cryptocurrency regulation. This move illustrates the increasingly complex relationship between state regulators and an industry that is evolving at breakneck speed. Vermont was among the ten states that took a stand against Coinbase in 2023, claiming
In the complex realm of cryptocurrency, few figures stand out quite like Changpeng Zhao, the former CEO of Binance. His recent vehement rejection of a Wall Street Journal (WSJ) report alleging he was in negotiations with the Trump family over an investment in Binance.US signifies a deeper issue plaguing the crypto landscape—media sensationalism tainted by
The recent arrest of Aleksej Besciokov, co-founder of the now-infamous cryptocurrency exchange Garantex, reveals the troubling intersection of digital currency and organized crime. Authorities in India apprehended the Lithuanian national while he was allegedly on holiday in Varkala, Kerala. This incident is not merely an isolated case; it highlights a pervasive issue within the burgeoning
The recent authorization of Kraken as an Electronic Money Institution (EMI) by the UK Financial Conduct Authority (FCA) represents a remarkable turning point not only for the exchange but for the cryptocurrency market in its entirety. As one of only 31 firms to make it onto the FCA’s coveted “cryptoasset register,” Kraken has made a