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Breaking news and hot topics in the crypto space

Author: Percy Gabler

Crypto Crash Wipes Out $190M in Leveraged Bets Amid CPI Data Watch
cryptomarket

Crypto Crash Wipes Out $190M in Leveraged Bets Amid CPI Data Watch

Percy GablerJune 12, 2024June 12, 2024

On June 11, Bitcoin experienced a sharp decline, dropping 2.5% from its daily peak of $69,547 to a low of…

Bitcoin Halving Cuts Riot’s Revenue by 43% Despite New Facility
mining

Bitcoin Halving Cuts Riot’s Revenue by 43% Despite New Facility

Percy GablerJune 5, 2024June 5, 2024

Bitcoin mining company Riot Platforms saw a notable drop in production for May, generating just 215 BTC—a decline of 43%…

Frax Finance X Hacked, CEO Suspects Inside Job at Musk’s Office
crypto

Frax Finance X Hacked, CEO Suspects Inside Job at Musk’s Office

Percy GablerJune 3, 2024June 3, 2024

A recent security breach saw a hacker reportedly gain control over the social media account of the crypto lending platform…

Crypto Memes Spark Onboarding Boom: Base Creator
markettechnology

Crypto Memes Spark Onboarding Boom: Base Creator

Percy GablerApril 22, 2024April 22, 2024

Jesse Pollak, the creator of Base, believes that memes play a crucial role in attracting millions of users to his…

FTX Victims’ Irreparable Harm: Ahead of Sam Bankman-Fried’s Sentencing
exchange

FTX Victims’ Irreparable Harm: Ahead of Sam Bankman-Fried’s Sentencing

Percy GablerMarch 19, 2024March 22, 2024

Ahead of Sam “SBF” Bankman-Fried’s upcoming sentencing hearing, victims of the defunct cryptocurrency exchange FTX have shared their statements, shedding…

Nigerian SEC’s Crypto Exchange Fee Hike
cryptocurrencyexchange

Nigerian SEC’s Crypto Exchange Fee Hike

Percy GablerMarch 16, 2024March 18, 2024

Nigeria’s Securities Exchange Commission (SEC) is proposing changes to the rules governing crypto services platforms. The proposed amendments include a…

Surge in Crypto License Applications in Hong Kong
cryptoexchange

Surge in Crypto License Applications in Hong Kong

Percy GablerFebruary 21, 2024February 21, 2024

The Securities and Futures Commission (SFC) in Hong Kong has received 18 applications for cryptocurrency licenses from both local and…

Genesis GBTC Sell-off Balances Cryptocurrency Market: Coinbase
bitcoin

Genesis GBTC Sell-off Balances Cryptocurrency Market: Coinbase

Percy GablerFebruary 18, 2024February 18, 2024

Cryptocurrency exchange Coinbase has stated that the approval for bankrupt crypto lending firm Genesis to sell its shares of Grayscale…

Bitcoin ETFs and Gold’s $100 Billion Explanation
cryptomarket

Bitcoin ETFs and Gold’s $100 Billion Explanation

Percy GablerJanuary 11, 2024January 11, 2024

The arrival of Bitcoin exchange-traded funds (ETFs) marks a new epoch in the intersection of cryptocurrency and traditional finance. To…

India Blocks Binance and Major Exchanges for Non-Compliance
binancemarket

India Blocks Binance and Major Exchanges for Non-Compliance

Percy GablerDecember 29, 2023December 29, 2023

In a significant regulatory development, India has taken decisive action to block some of the world’s leading cryptocurrency exchanges, including…

Can SHIB Overtake DOGE in 2024? ChatGPT Weighs In
market

Can SHIB Overtake DOGE in 2024? ChatGPT Weighs In

Percy GablerDecember 25, 2023December 25, 2023

In the dynamic and often unpredictable world of cryptocurrencies, the possibility of one digital asset surpassing another in market value…

Cardano’s (ADA) New Move for Blockchain Adoption
cardano

Cardano’s (ADA) New Move for Blockchain Adoption

Percy GablerDecember 21, 2023December 22, 2023

Cardano (ADA), one of the leading blockchain platforms, has announced a significant initiative that aims to accelerate blockchain adoption and…

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