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Vienna-Based Raiffeisen Bank Expands Services to Include Crypto Trading

Leave a Comment / Raiffeisen, Vienna-Based / azlan90

Raiffeisen Bank. Source: Adobe / Cristi Austria’s Raiffeisen Bank is set to launch crypto trading services in 2024, joining a slew of European banks breaking into the digital asset custody business. The 130-year-old bank announced plans for the service in April upon signing a letter of intent to collaborate on the offering with with crypto […]

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CryptoQuant Reports Decline in Binance’s Bitcoin Reserves as Retail Flow Shifts to Coinbase

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Bitcoin reserves on the world’s largest cryptocurrency exchange, Binance, are rapidly depleting, according to data from blockchain analytics firm CryptoQuant. The outflow is notably shifting towards the premium digital asset platform of the US-based crypto exchange Coinbase. Providing more details, CryptoQuant points out that Coinbase Pro has so far received 12,000 Bitcoins while there has

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Unidentified Whale Deposits 10,000 ETH Worth $20 Million in New Blast L2 Project

Leave a Comment / Unidentified, Whale / azlan90

Source: Adobe / 2ragon Blast, a newly launched Ethereum-based layer 2 network, is already gaining traction in the market after one unidentified whale deposited a massive 10,000 ETH to the network. The deposit was made on Wednesday this week, just two days after Blast went live in “early access” mode. Worth over $20 million in

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Genesis Files $689 Million Lawsuit Against Gemini to Recover ‘Preferential Transfers’

Leave a Comment / Files, Genesis / azlan90

Genesis Global Capital, a cryptocurrency lender, has filed a lawsuit against its former business partner, Gemini Trust, seeking the recovery of over $689 million. The court filing, made late on Tuesday, alleges that Gemini engaged in ‘preferential transfers’ totaling approximately $689,302,000 from Genesis. Genesis and Gemini Clash in Legal Battle The lawsuit contends that these

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BTC Transaction Fees Are 16x Higher Since Bitcoin ETF Mania Began

Leave a Comment / Higher, Transaction / azlan90

Users of Bitcoin’s blockchain payments network have seen transaction fees explode since October. Meanwhile, the oldest cryptocurrency’s main rival, Ethereum, is also seeing sky-high fees. According to blockchain data service CryptoRank from earlier this week, ETH gas fees across the network averaged $20 to bridge assets, $60 to make a token swap and $110 to

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Tron Founder Justin Sun Confirms Exploit on HTX and HECO Cross-Chain Bridge

Leave a Comment / Founder, Justin / azlan90

PeckShield revealed that over $86.6 million in digital assets were moved from the HECO Chain bridge to addresses raising suspicion. The blockchain security firm said the bridge was compromised, and the transaction was initiated by the operator, indicating a potentially compromised operator. The latest breach is the second recent incident tied to Justin Sun’s projects.

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Mt. Gox Creditors to Receive Repayments Soon, Trustee Plans Distribution of BTC, BCH, and Yen

Leave a Comment / Creditors, Receive / azlan90

Source: AdobeStock / 24K-Production Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange’s estate, has initiated communication with rehabilitation creditors, indicating the imminent start of repayments. This development follows the notorious 2014 hack that resulted in the loss of 850,000 BTC. As of November 21, Kobayashi began sending emails to rehabilitation creditors outlining the

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Solana Price Prediction as SOL Tops Altcoin Fund Inflow with $13.6 Million Last Week – Is SOL the New Investor Favorite?

Leave a Comment / Price, Solana / azlan90

The Solana price has dipped by 3% in the past 24 hours, dropping to $54.67 after Binance’s settlement with the US Department of Justice sent the entire market lower yesterday. SOL is now down by 8.5% in the past week, yet the altcoin remains up by 26% in the past fortnight and by an impressive

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SEC Records Second-Highest Financial Remedies of Nearly $5 Billion in FY 2023

Leave a Comment / Records, Second-Highest / azlan90

The U.S. Securities and Exchange Commission (SEC) in its latest report revealed that the number of enforcement actions filed in the fiscal year 2023 (FY2023) increased by three percent from the previous record in the financial year of 2022. Some of the enforcement actions involved heavyweights in the crypto industry, with various accusations against cryptocurrency

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Worldcoin Price Rebounds as Sam Altman Stays as Developer’s Chairman

Leave a Comment / Price, Worldcoin / azlan90

Source: OpenAI Worldcoin’s valuation has shown a robust recovery from a recent slump, with the price rallying as Sam Altman continues in his role as chairman of Tools for Humanity, the developer behind the cryptocurrency. Source: CoinMarketCap Worldcoin (WLD) has made a significant comeback, seeing its trading price reaching $2.42, according to CoinMarketCap. This represents

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