Cryptocurrency Analysis and News Portal
Aerospace technology firm SpaceX reportedly sold roughly $373 million worth of Bitcoin (BTC) it acquired starting in 2021.According to an Aug. 17 report in the Wall Street Journal, SpaceX recorded $373 million worth of Bitcoin holdings on its balance sheet in 2021 and 2022, but has since sold the crypto
Read More
Looking at the price action since April, and in particular since mid-June, there’s been a noticeable abruptness of reversals any time bitcoin has attempted a breakout above $30,000. The most dramatic occasion came on July 13 when the cryptocurrency surged to a one-year high above $31,800 following a favorable court
Read More
Cryptocurrency exchange Binance released its latest proof-of-reserves (PoR) on Aug. 1, offering transparency into its crypto reserves. However, the movement of its USDC reserves at the time of Silvergte's collapse caught many people’s attention and became a topic of discussion on X.The latest reserve audit suggests Binance holds more than
Read More
Coinbase CEO Brian Armstrong’s comments to a question about the USD Coin (USDC) stablecoin during the company’s second-quarter earning calls raised some eyebrows. While commenting on the market cap of USDC, Armstrong quipped that Binance moved some of its funds from USDC into another stablecoin, but despite that, the market cap
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A group of investors are reportedly nearing a deal to acquire crypto media outlet Cryptox for $125 million. According to the Wall Street Journal citing “people familiar with the matter,” the investor group is led by Matthew
Read More
Users who held assets on bankrupt crypto firms FTX and Celsius Network can now trade their claims on the Open Exchange (OPNX). Source
Read More
A new report from blockchain security firm PeckShield found that half of stolen nonfungible tokens (NFTs) get sold within 160 minutes on various NFT marketplaces like Blur and OpenSea. On July 3, PeckShield highlighted several data points on NFTs, including the value stolen in June, how long it takes for stolen NFTs
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Despite trouble for blue-chip NFT Azuki Elemantals earlier this week, bitcoin ordinals are showing continued interest with a $1.8 million dollar sale early on June 30. Together, this equates to 191,597,695.00 in Uncate gorized Ordinals sales to
Read More
Sui Foundation — the team behind the Sui network and its native SUI token — has denied allegations that the firm unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance .The Foundation knocked back the claim in a five-part Twitter thread on June 27, stating that none of the locked
Read More
Mr. Ape, an online pseudonym, has recently come under scrutiny for crowdfunding the acquisition of deeply disturbing videos featuring the torture of monkeys — the funding efforts were conducted by the means of various cryptocurrencies. An extensive investigation reveals a worrying and shadowy community online that appears to revel in
Read More