Cardano whales did not take a single break during the weekend. According to key metrics, Cardano is on fire as transactions carried out on the network continue to skyrocket. Active ADA whales can be credited for this development, mainly because they make up the “big hands” in the market and have mostly contributed to the spike in large transactions. Taking […]

The United States Treasury Department has identified over-the-counter (OTC) cryptocurrency traders who assisted North Korea’s Lazarus Group in converting stolen crypto into fiat currency. Crypto traders in China and Hong Kong have been sanctioned by the Treasury’s Office of Foreign Assets Control (OFAC). In addition, a China-based banker was sanctioned for coordinating some of the illicit cashflow. Wu Huihui was […]

Despite their large numbers of followers — and being potential targets for scammers impersonating them — not every major Crypto Twitter personality has signed up or been given a blue checkmark since the platform removed legacy verification on April 20. In a debate that’s almost exclusively limited to die hard enthusiasts of the social media platform, many individuals have opted […]

Bitcoin (BTC) price slide has reached bearish fatigue after hitting a low of $27,155. Bitcoin price long-term forecast: bearish The BTC price has been hovering around the $27,000 support since April 21. In the last four days, the price of the cryptocurrency asset has fluctuated between $27,000 and $28,000. Bitcoin is currently trading between the moving average lines at $27,467. […]

The deep correction in the crypto market, led by the collapse of the Bitcoin price, has pushed the Shiba Inu (SHIB) price back into bearish territory. From a technical point of view, new bull moves are far away at the moment; before that, an make-or-break price level has to be defended and a resistance level that has manifested itself since […]

The official Twitter account of the crypto exchange KuCoin has recently been compromised, leading to users losing their funds to a fake giveaway event. The crypto platform promised to reimburse the funds lost from the incident.  In an announcement, KuCoin confirmed that its Twitter was compromised for almost an hour on April 24, 8 AM ET. According to the exchange, the […]

China is expanding the use cases for its central bank digital currency (CBDC) called digital yuan or e-CNY for its Belt and Road initiative and cross-border trades. The digital yuan a.k.a. digital RMB was one of the first CBDCs to be developed and widely tested. While there hasn’t been an official launch, the government has expanded its testing parameter to […]

Bitcoin on-chain data hints that selling from the miners may have been behind the latest plunge in the asset’s price below the $28,000 mark. Bitcoin Miners Have Shown Signs Of Selling Recently As pointed out by an analyst in a CryptoQuant post, miners had been putting on some selling pressure on Bitcoin while the decline had happened. A relevant indicator […]

A South Korean district court has dismissed charges of security violations against former Terraform Labs CEO and co-founder Hyun-seong Shin. The court deemed LUNA (LUNA) (the native token of the LUNA ecosystem) as  non-security under Korea’s Capital Markets Act. The southern district court in Seoul dismissed the prosecution’s appeal for confiscating Shin’s properties and his arrest based on securities law […]