OP, the native token of Optimism, climbed nearly 20% at one point in the last 24 hours after Uniswap announced that Unichain will hand its production operations to OP Enterprise. The rally came as Bitcoin and several major altcoins faced renewed selling pressure, giving OP a rare boost. Unichain Handover Sends OP Higher CoinGecko reported […]
South Korea is expanding its crackdown on unregistered exchanges. Financial authorities have ordered blocks on 27 overseas cryptocurrency exchange websites operating without registration in the country. The list includes major platforms such as KuCoin, MEXC, BingX, Phemex, XT.com, Bitrue, CoinW, Poloniex, BTCC, and BitMart. The decision comes after two reviews held on October 6 and […]
Sberbank joined the Bank of Russia’s register of crypto exchange organizations on Monday, bringing the list to ten firms. According to Interfax, the listing lets Russia’s largest bank buy and sell digital currencies on its own account, outside organized trading, under the central bank’s definition of the role. Sberbank already sat on the regulator’s separate […]
Bitcoin’s price volatility has returned at the start of the business week, with the asset getting rejected at $84,000 yesterday, only to crash by over three grand before staging a notable comeback. With most altcoins following a similar trajectory, it’s no wonder that the total value of wrecked positions has skyrocketed to well over $800 […]
BitMine said on Monday it bought 12,532 Ethereum in the week to October 11, its third small weekly purchase in a row, taking the treasury to 6,028,946 ETH, or 4.9% of the 122.1 million ETH in supply. The purchase followed the 15,112 ETH BitMine added in the week to October 4, and the company bought […]
XRP spot trading activity has plunged sharply in recent weeks, even as futures trading takes on a larger role. Data compiled by CryptoQuant shows that combined spot volume across centralized exchanges fell by $1.943 billion between August 26 and October 11. Binance accounted for $429 million of that decline, after its seven-day average spot volume […]
A 25-year-old man has been jailed for two and a half years for his involvement in SIM-swap fraud, which saw four people lose £200,000 worth of crypto in November 2021. According to the City of London Police, Ajay Shinjin, also known as AJ Marley Cruz, received more than £44,000 from the proceeds of crime and […]
October 12 is shaping up as an important day for Ripple’s cross-border token as Evernorth begins trading on Nasdaq with a treasury of roughly 473 million tokens. Meanwhile, analysts are watching whether the asset can stabilize around $1.40 and reclaim the next key level at $1.50 before it can aim at even higher targets. 473M […]
After reports emerged of a potential theft of over $80 million in crypto from its devices, Ledger confirmed over the weekend that at least one wallet tied to the ongoing CryptoBilis investigation contained an unauthorized hardware implant. Meanwhile, a new community report on X claimed a suspicious Ledger device bought from MediaMarkt in Europe may […]
Most major cryptocurrencies tanked over the past several days, led by bitcoin’s nosedive from $87,000 to under $81,000, which became its lowest price tag in well over two weeks. Large altcoins such as XRP and ETH were not spared, with the former posting a double-digit decline over the past seven-day period. The question now is […]