Cryptocurrency

Stay up-to-date on the latest news and developments in the world of cryptocurrency. Our cryptocurrency news category covers everything from Bitcoin and Ethereum to emerging altcoins and blockchain technology.

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FTX Bankruptcy Claims Skyrocket as Company Recovers $7.3 Billion in Assets

FTX recovers $7.3 billion in assets, boosting the value of its bankruptcy claims.Photo by Bybit on Flickr/ CC BY 2.0 According to a Wednesday report by digital assets platform Matrixport, the market value of bankruptcy claims against crypto exchange FTX has more than tripled this year. This comes ahead of the founder and CEO Sam …

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Ethereum Developers Make Second Attempt to Launch Holesky Testnet After Previous Flop

Pixabay Ethereum developers have relaunched the Holesky test network after a previous attempt earlier this month failed. On Thursday, Ethereum devs relaunched Holesky in what appeared to be a successful process in the early hours of the livestream.  A developer commented on the initial success recorded so far while another joked that there will not …

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Bitcoin Cash Price Prediction as BCH Gains 10% and Extends Bull Run – What's Going On?

Source: TradingView The Bitcoin Cash price has continued rising strongly today after beginning a surge yesterday, with its move to $235.39 representing a 1.5% gain in 24 hours and 12% rise in a week. It seems that whales have begun accumulating BCH following a period of relative stagnation and decline for the altcoin, the coin’s …

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Coinbase Secures Approval to Offer Perpetual Futures Trading for Non-US Retail Users

Source: Adobe / Rafael Henrique Coinbase has received regulatory approval to offer perpetual futures trading services to retail customers outside the United States.  In a Thursday blog post, the largest US-based crypto exchange said it has received additional regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures trading to non-US retail users.  “In the coming weeks, …

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Fireblocks Platform Now Offers Institutions Access to Tezos

Source / Geralt x Sam Cooling Fireblocks, a platform specializing in crypto custody and settlement services for financial institutions, has added full support for the Tezos (XTZ) network.  The move allows users of the Fireblocks Wallet to securely store Tezos-based assets and leverage the platform’s decentralized applications.  Additionally, developers now have the opportunity to build products and …

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Marathon Digital Mines Invalid Bitcoin Block, Blames Bug Amid Community Concerns

Source: AdobeStock / Photocreo Bednarek Bitcoin miner Marathon Digital confirmed it mined an invalid block due to a bug during an experiment to sharpen the company’s operations.  The firm disclosed the incident in an announcement on X (formerly Twitter) saying the firm utilizes a small portion of the hash rate to experiment in the developmental …

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BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi

Source: AdobeStock / Proxima Studio The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for wholesale central bank digital currencies (wCBDCs). This test incorporated innovative decentralized finance (DeFi) technology concepts and was executed on a public blockchain. Project Mariana …

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Bitcoin Price Prediction: BTC Rises by 0.75% – Where is BTC Headed Next?

In a financial landscape punctuated by volatility, Bitcoin has once again made headlines, registering a 0.75% surge and settling at the $26,450 mark. What’s driving Bitcoin’s recent movement, and what’s next? This analysis provides a forecast for its near-term future.  Bitcoin has recently experienced a slight increase in value, possibly due to the announcement of …

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US House Committee Grills SEC Chair Gary Gensler Over Crypto, Dubbed 'Tonya Harding of Regulation'

Source: Youtube / Yahoo Finance In a congressional hearing on September 27, the chair of the United States Securities and Exchange Commission (SEC) Gary Gensler, faced a barrage of questions and criticisms regarding the oversight of crypto markets.  Colorful analogies and sharp rebukes at the hearing shed light on the contentious relationship between regulators and …

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Gemini Reportedly Withdrew $280 Million From Genesis Before Crypto Lender Filed for Bankruptcy

Source: A screenshot, Instagram/winklevoss Tyler and Cameron Winklevoss owned Gemini exchange reportedly withdrew approximately $280 million from Genesis Global just months before the crypto lender initiated a freeze on customer deposits and ultimately filed for bankruptcy.  Genesis and Gemini had jointly offered an “Earn” program that allowed customers to earn interest on their cryptocurrency holdings.  …

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