Japan’s investment firm Metaplanet has increased its Bitcoin (BTC) holdings to over 1,000. This follows a recent purchase of 156.7 BTC for approximately 1.6 billion yen, or about $10.4 million. Metaplanet Shares Surge 7.18% Following Purchase The acquisition, announced on Monday in an X post, brings Metaplanet’s total Bitcoin reserves to 1,018 BTC, valued at […]
FTX has agreed to settle its lawsuit against Bybit, its executives, and investment arm Mirana, securing an expected $228 million to aid in repaying creditors. This recovered amount is expected to help the bankrupt exchange repay its creditors. FTX-Bybit: Closure in Sight The deal, outlined in an Oct. 24 court filing, brings closure to a […]
The world’s largest stablecoin issuer, Tether, has joined hands with authorities in the Swiss City of Lugano to unveil a new statue of the pseudonymous Bitcoin creator Satoshi Nakamoto at the third annual forum of the Plan ₿ initiative. According to a press release by Tether, the Satoshi Nakamoto statue embodies the Bitcoin creator’s mystery […]
Less than a year after their launch, spot Bitcoin ETFs have recorded unprecedented growth, boosting investors’ interest and demand for the largest cryptocurrency. A recent report by Binance Research, the research arm of the global cryptocurrency exchange, revealed that bitcoin ETFs have accumulated over 938,000 BTC, worth $63.3 billion. This figure represents 4.5% of the […]
The GameFi market is poised for significant growth, projected to expand at an annual rate of 68%, as per the findings by Nansen analysts. In fact, the blockchain analytics firm predicted that this rapidly evolving sector is on track to reach $301.5 billion by 2030. Expansion of Blockchain Gaming According to the latest blog post […]
A high-profile Russian influencer, popularly known as the “Queen of Crypto,” is under scrutiny for allegedly defrauding investors out of $22 million. According to various reports in the Russian press, Valeria Fedyakina, who made a name for herself as “Bitmama,” is accused of operating a pyramid scheme that ensnared multiple victims in only two months. […]
Reports have emerged that bad actors allegedly tied to North Korea’s Lazarus Group executed a complex cyberattack that used a fake NFT-based game to exploit a zero-day vulnerability in Google Chrome. According to the report, the vulnerability ultimately allowed the attackers to access people’s crypto wallets. Exploiting Chrome’s Zero-Day Flaw Kaspersky Labs security analysts Boris […]
Grant Colthup, the former CEO of ACCE Australia, is facing a single fraud charge following an investigation by the Australian Securities and Investments Commission (ASIC). Colthup, who appeared in the Magistrates Court at Ipswich, Queensland, was charged with embezzling $1.47 million (2.2 million Australian dollars) from a customer. $1.5M Bitcoin Payment Goes Missing From May […]
The cryptocurrency sector comprises various legitimate projects and innovations but is also rife with fraudulent schemes. One such scam reportedly pocketed billions of euros from its unsuspecting clients after using popular football players as backers. Painful Losses Following the Footballers’ Involvement El Diario – a Spanish digital newspaper known for its investigative journalism – recently […]
Bitcoin and the altcoins went through massive volatility on Friday night after a controversial report from the Wall Street Journal, which was denied by Tether’s CEO immediately. However, the damage was done, which harmed over-leveraged traders, as the liquidations skyrocketed to over $400 million on a daily scale. CryptoPotato reported WSJ’s claims that the US […]