Binance announced on Feb. 1 that it has frozen $4.2 million of XRP that was stolen from a Ripple executive one day earlier. Binance CEO Richard Teng said: “After finding out early on about the exploit … we’re happy to say that the Binance team has managed to freeze $4.2 Million worth of XRP stolen […]

Economist Peter Schiff says Federal Reserve Chairman Jerome Powell taking the March rate cut off the table “may have actually raised the probability that the Fed will indeed serve up the first rate cut in March.” Moreover, Schiff explained that the Fed’s job is actually to create inflation and then pretend to fight it. “The […]

Shiba Inu SHIB/USD experienced a token burn of nearly 10 billion tokens in January, as its marketing lead expressed optimism about Shibarium’s progress. What Happened: Lucie, the marketing lead of Shiba Inu, shared an X post after meeting with the lead developer pseudonymously known as Shytoshi Kusama. Although specific details couldn’t be disclosed, the “goal is to have […]

Bitcoin so far remained muted compared to its vehement rally during the March banking crisis, but one analyst said he’s “cautiously long” amid the turmoil. Source link

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The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency miners to disclose data related to how much electricity they consume. The so-called “Emergency Survey” marks another attempt by the U.S. government to curb the negative excesses of Bitcoin mining, which Democrats have widely criticized for polluting the environment. The Emergency Bitcoin Mining […]

Ripple’s XRP token is one of the most popular cryptocurrencies in the market. However, XRP has faced a significant correction entering 2024. The asset is down by 2% in the daily charts, 3.6% in the weekly charts, more than 12% in the 14-day charts, and 22.5% over the previous month. However, the asset has maintained […]

In a friend-of-the-court brief filed Thursday, Paradigm, which is not an investor in Kalshi, argued that such contracts could help businesses, including cryptocurrency startups, hedge their risks while producing positive spillover effects for the general public. Source link

The Reserve Bank of India (RBI) is now looking into technology solutions to solve privacy concerns posed by a digital rupee, the official said. While the bank is maintaining a careful stance on crypto, the person said, it wouldn’t plan to object if the government decided to reduce a controversial tax that has stifled the […]

Crypto exchange FTX was hacked for over $400 million just hours after filing for bankruptcy in 2022. Many initially believed it was an inside job. The $400 million hack of FTX in the hours after its bankruptcy has been linked to three people charged last month by United States prosecutors, alleging they conducted a series […]