The US Securities and Exchange Commission (SEC) has charged three entities that claimed to operate crypto asset trading platforms, along with four so-called investment clubs, for allegedly running a large-scale fraud that targeted retail investors through social media. According to the SEC, Morocoin Tech Corp., Berge Blockchain Technology Co. Ltd., and Cirkor Inc., together with […]
Following years and years of delays and community frustration, the highly popular yet slightly controversial project finally launched in Q1 of this year. Perhaps even more importantly for investors who had amassed impressive quantities of the native token, PI also went live for trading. The initial days were quite promising. It skyrocketed to a few […]
The start of Q4 2025 was quite optimistic as the so-called ‘Uptober’ was destined to bring new gains and massive rallies. And, it did at least for the first week or so. Bitcoin skyrocketed to a new all-time high of over $126,000. However, it all went horribly wrong in the following few days, especially after […]
Citing the overall direction X (formerly Twitter) is heading, IOHK’s leader, Charles Hoskinson, said he would be leaving the platform in less than a week, when a “digital twin” takes over the account. He didn’t give any further details about his replacement to his million followers on X, but promised to do so in the […]
The USX stablecoin on Solana lost its dollar peg on December 26, collapsing to just $0.10 on secondary markets. This sudden drop, caused by a severe lack of liquidity, marks one of the most extreme depegs for a major stablecoin this year. Market Strain and Rapid Response According to blockchain security firm PeckShield, which raised […]
Wintermute founder and CEO Evgeny Gaevoy said the trading firm will vote against Aave’s token alignment proposal, adding to the growing opposition within the Aave DAO as the vote nears its conclusion. In a detailed thread on X, Gaevoy said Wintermute disagrees with the proposal “as it stands,” while arguing that it asks tokenholders to […]
Around 263,000 Bitcoin options contracts will expire on Friday, Dec. 26, and they have a notional value of roughly $23 billion. This expiry event is huge, being the end of the quarter and end of the year, so there may be some impact on spot markets, which have been sideways for most of the week. […]
It was an interesting year in the cryptocurrency space. The expectations were high, with numerous calls for new peaks for almost all assets. And while that turned out to be true for BTC, XRP, ETH, and BNB, many others couldn’t come anywhere near their previous heights. Moreover, even those who managed to set new record […]
Ripple (XRP) open interest (OI) on cryptocurrency exchange Binance has fallen to its lowest level since the end of 2024, amidst a clear rebalancing in the derivatives market. Data compiled by CryptoQuant shows that open interest has dropped to around $453 million, indicating a substantial decline in the use of leveraged positions and a shift […]
Pudgy Penguins has secured a seven-day advertising slot on the Las Vegas Sphere, running through the Christmas period. The animated wrap showcases the brand’s penguin characters and highlights merchandise availability. Discussions reportedly began in early 2024 as the brand expanded beyond crypto. The campaign is estimated to have cost around $600,000, while the Sphere continues […]