Category: Latest Crypto News

It’s been a hot series of storylines for major social media outlets lately. All eyes have been on social when it comes to crypto news and discourse. Announcements are often made through social outlets like Twitter, community building for projects – whether DeFi, or NFTs, or anywhere in between – often occurs on social channels like Discord or Telegram, and

Ripple remains belligerent against the U.S. Securities and Exchange Commission (SEC). Both CEO Brad Garlinghouse and general counsel Stuart Alderoty wrote tweets denouncing the SEC’s double standards. Garlinghouse tweeted a meme in reference to recent scandals at banking giant Well Fargo. The meme shows DC Comics superhero Batman slapping his sidekick Robin. The latter’s speech bubble reads, “But Wells Fargo

The FTX rigmarole continues and this time, two top executives of the disgraced crypto empire have emerged from silence and are now in the custody of the U.S. authorities. If proven guilty of their misdeeds, the three masterminds of one of the biggest crypto exchanges in the world face a total of 275 years in prison. Former Alameda Research CEO

When speculations about Elon Musk started spreading on the virtual stratosphere about buying Twitter, many thought – why not? The guy has the wherewithal to do whatever he wants, and that includes buying… whatever he wants. After some legal wranglings (well, the Tesla CEO at one point decided he’d just turn his back and walk away from the buyout deal,

Following a chaotic court appearance in the Bahamas, FTX CEO and founder Sam Bankman-Fried is to be extradited to the US. FTX CEO To Be Extradited A week after the crypto wunderkind was arrested in his Bahamas apartment complex, the 30-year-old disgraced CEO has accepted to stand trial in New York. According to the New York Times, Bankman-Fried was charged

On November 7, 2022, the district court in New Hampshire granted summary judgment in favor of the U.S. Securities and Exchange Commission (SEC) against the blockchain payment network LBRY. This was the third notable win for the agency, following the SEC’s victories against Kik and Telegram, while the Ripple case is about to be decided, also on summary judgment. Although

As Coinbase CEO Brian Armstrong bared plans on Monday to outline an actionable framework for achieving regulatory clarity in the cryptocurrency space, something came up that might require some of his attention: his crypto exchange has just been overtaken in the market value department by a token most people see as a joke. Dogecoin (DOGE) momentarily hit its biggest market

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is in the home stretch. Both parties had filed their more than 60-page reply briefs for summary judgment on Nov. 30. Now it’s wait-and-see for the parties involved until Judge Analisa Torres issues a decision. Meanwhile, the spotlight is on the LBRY vs. SEC case. Notably, LBRY

Multi-billionaire Elon Musk is currently letting users vote on his chief executive position at Twitter, while the Dogecoin community puzzles over what this could mean for DOGE. “Should I step down as head of Twitter?” he wrote Sunday. “I will abide by the results of this poll.” Users can vote yes or no. More than 14.3 million people have already

Data shows the Bitcoin mining hashrate has rebounded 11% since the November end lows; can the metric keep this up and set a new all-time high? Bitcoin Mining Hashrate Continues To Rise, Approaches ATH The “mining hashrate” is an indicator that measures the total amount of computing power currently connected to the Bitcoin blockchain. When this metric observes a rise,

Elon Musk is currently in the headlines for suspending several Twitter accounts of US journalists after Twitter implemented a no-doxxing policy. As Bitcoinist reported, an incident occurred last night in which Musk’s son’s car was stopped by a stalker. The cause, according to the billionaire, were tweets from the account @elonjet, which was tracking the billionaire’s flight movements and had

Crypto casinos are transforming online gambling, allowing people worldwide to access hundreds of games and rewards. Metaspins, a casino launched in 2022, seems poised to take over market share from its competitors and grow in popularity due to its security, catalog, features, legitimacy, and user experience. If you are an online gamer, we explained why you need to try Metaspins.

Twitter boss Elon Musk has suspended the accounts of several journalists. While the mainstream media harshly criticizes Musk, numerous voices are supporting the decision. Meanwhile, Crypto Twitter is reporting other issues that are probably not related to it. The exclusion of journalists from the New York Times, Washington Post, and CNN, among others, followed Musk’s decision Wednesday to permanently suspend

Look what people put up with to stay relevant. One way to do it, in today’s society, is to get into the tech bandwagon, like the so-called NFTs. If it ever crossed your mind to spend some time off at a posh resort and national historic landmark in Palm Beach, Florida and have a tete-a-tete with a former American president,

Yesterday’s Federal Reserve (FED) FOMC meeting turned out to be more hawkish than many Bitcoin investors and the financial market expected. As anticipated, the FED raised interest rates by 0.5 percentage points on Wednesday. This brings the interest rate to a range of 4.25-4.5%, the highest level in 15 years. However, overall, central bankers expect the rate to be higher

The co-founder and former CEO at failed crypto exchange FTX, Sam Bankman-Fried (SBF), was taken into custody by Bahamian authorities. According to recent reports, SBF was taken to one of the worst prisons in the world, called Fox Hill.  The correctional facility has a reputation for its lack of hygiene, high risk of contracting diseases, rodent infestations, violence, and more.

Binance experienced a historic day and stress test yesterday after several rumors and FUD surfaced. As Bitcoinist reported yesterday, most of it was indeed FUD while the Proof of Reserves is raising some question marks. But how does it look a day later? Did the FUD leave any damage in its wake? In an internal memo to his staff, Binance

Even though Sam Bankman-Fried has finally been arrested, the founder of FTX continues to make headlines. Crypto Twitter is currently philosophizing that it is strange timing that SBF is arrested by Bahamian authorities the day before his hearing in front of the US Congress. Bankman-Fried is reportedly in custody awaiting extradition to the United States. As a result, Bankman-Fried will

Key Takeaways The crypto ecosystem shed $2 trillion in market value and lost several major players in 2022, but it didn’t die. Terra, Three Arrows Capital, FTX, and a host of other big entities suffered wipeouts that characterized crypto’s turbulent year. Ethereum also completed “the Merge” to Proof-of-Stake after years of anticipation. Share this article URL Copied From crypto war

Key Takeaways Despite the bear market, it was another big year for memes in crypto. Some of the most enduring memes of the year were born out of the biggest catastrophes in the space. Crypto Twitter served as an entertaining hub for memes to go viral within the community. Share this article URL Copied It turns out that crypto bear