Ripple's XRP token dropped over 5% following speculation of a $112.5 million hack, although Ripple's Executive Chairman clarified that it was a breach in his personal accounts rather than the Ripple network itself.
Word Breeze is a word-generating game for iOS and Android that allows users to earn Bitcoin by playing, but the earnings are minimal compared to the amount of ads users have to view.
Exchange-traded fund provider Global X has withdrawn its application for a U.S. spot Bitcoin ETF, becoming the first firm to do so following the SEC's approval of 11 ETF applications earlier this month. Despite this, Bitcoin ETFs have seen inflows of over $5 billion since their launch on January 11th, while the price of Bitcoin has surged on expectations that the Fed will keep interest rates low.
Billionaire investor Mark Cuban has revealed that he has recently bought the cryptocurrencies Polygon and Injective, stating that he is an investor in both and hopes they do well.
Bitcoin remains around the $42,500 level, with the overall performance of the crypto market showing some decline, particularly for altcoins such as SOL, ADA, and AVAX, while NFT indexes have seen an almost 10% rise in January.
Former UK chancellor George Osborne has been appointed to the advisory council of cryptocurrency exchange operator Coinbase as it faces a legal battle with the US regulator, the Securities and Exchange Commission (SEC), over allegations that it operated as a middleman on crypto transactions while evading disclosure requirements to protect investors.
Bitcoin could surge to at least $100,000 by the end of 2024 due to increasing demand, the depletion of supply, and the potential inclusion of the cryptocurrency in central banks' reserve holdings, according to Mark Yusko, CEO of Morgan Creek Capital.
Bitcoin's price experienced a slight drop amid expectations of U.S. Federal Reserve Chairman Jerome Powell's announcement on interest rates, but analysts believe it is still following similar patterns to past bull market runs despite headwinds from Grayscale Bitcoin Trust redemptions.
In January, the cryptocurrency market experienced mixed results, with altcoins reaching new all-time highs but later facing bearish trend reversals. However, there are some lesser-known altcoins like MAGIC, PRIME, and RVN that show positive trends and the potential for substantial profits in the upcoming month.
Layer 1 blockchain Sui has achieved significant growth, climbing into the top 10 decentralized finance rankings in less than a year by experiencing a 1,000% increase in total value locked (TVL), surpassing established incumbents like Bitcoin and Cardano by locking over $430 million in cryptocurrencies.
Indexes tracking the prices of non-fungible tokens (NFTs) have outperformed ether (ETH) this month, with NFT prices rising almost 10% compared to just over 2% for ETH.
Solana-based decentralized trading aggregator, Jupiter, plans to launch its native token JUP through an airdrop, with an initial maximum circulating supply of 1.35 billion and a potential market capitalization of around $700 million.
Dencun, a major upgrade to the Ethereum network, has become active on the Sepolia testnet, introducing "proto-danksharding" to reduce transaction costs and address scalability issues, paving the way for full "danksharding" and enabling the network to handle over 100,000 transactions per second.
A 22-year-old Portland man was sentenced to six years in prison for stealing over $3 million worth of cryptocurrency by hijacking people's cellphone numbers and taking control of their online accounts.
Solana's SOL token has surged 25% in the past week, surpassing $100, as network activity increases ahead of the Jupiter token airdrop, with Solana experiencing higher trading volume and on-chain metrics, attracting traders due to lower fees and faster transactions than Ethereum.
The Dencun upgrade, the biggest upgrade for the Ethereum blockchain since early 2023, has gone live on the second of three test networks, bringing the "proto-danksharding" feature closer to reality and aiming to reduce transaction costs and make data availability cheaper.
Grayscale's BTC outflows have significantly decreased, with the latest offloading being less than half of the average daily volume, suggesting that the institution may be nearing the end of its selling spree.
Ripple's price recovery is threatened by growing overhead pressure and the offloading of millions of XRP tokens, while validators support network updates to enhance transparency.
The official Twitter account of the Spanish embassy in Bosnia and Herzegovina has raised eyebrows by actively engaging with multiple cryptocurrency projects, including inquiring about participation in token airdrops, leading to speculation and puzzlement among observers.
Former President Donald Trump vows to oppose the creation of a central bank digital currency, citing concerns over government control and surveillance, as the possibility of a CBDC becoming a reality in the U.S. looms closer.
Layer-3 gaming network Xai, built on Ethereum scaler Arbitrum, has launched its XAI token and partnered with Laguna Games to bring Crypto Unicorns and other titles to the platform, with its own game studio Ex Populus set to release games in the coming months, including a card-battler game called Final Form and an online action game called LAMOverse, aiming to be the Web3 version of Valve and cater to traditional gamers while abstracting away the complexities of wallet use and providing a gas-free experience.
A crypto whale has sold millions of dollars worth of a decentralized finance altcoin amid a market correction, while another whale has bought a large amount of Chainlink; meanwhile, a trader has made substantial profits from trading the memecoin WEN.
Chris Dixon of Andreessen Horowitz believes that the crypto industry has not yet had its "iPhone moment," but it is likely on the horizon.
The Securities and Exchange Commission (SEC) is requesting the dismissal of a lawsuit against a crypto firm to avoid potential sanctions from a federal judge, following accusations of false and misleading representations and improper conduct by the agency's lawyers.
Solana DEX aggregator Jupiter is launching its JUP token airdrop, which is expected to be the largest in 2024, with nearly a million Solana wallets eligible to claim.
Despite El Salvador's government promoting Bitcoin, the use of cryptocurrency for remittances by Salvadorans dropped significantly in 2023, raising questions about the public's embrace of Bitcoin and the transparency and accountability of the government's crypto endeavors.
Standard Chartered predicts that exchange-traded funds (ETFs) for Ethereum (ETH) will be approved by the US Securities and Exchange Commission (SEC) in May, potentially driving the value of ETH to $4,000.
A recent Deutsche Bank survey of retail clients showed that more people believed Bitcoin will disappear in the coming years rather than believing it will stick around, highlighting a significant failure in outreach and communication within the crypto industry.
A Chicago man and his co-conspirators have been charged with stealing $400 million in cryptocurrency through a SIM swap scheme targeting over 50 victims across the United States, including major companies like Apple, AT&T, Verizon, and T-Mobile.
German authorities, with assistance from the FBI, have seized 50,000 BTC valued at $2.1 billion from individuals accused of running piracy websites and engaging in money laundering, marking the largest seizure of its kind in Germany.
Crypto game publisher Animoca Brands has partnered with Ethereum scaling protocol LightLink to integrate gasless transactions into its games, allowing users to make instant transactions without any gas fees. The collaboration aims to foster greater interconnectivity in blockchain-based applications and improve mainstream adoption.
LayerZero V2 is an omnichain messaging protocol that allows for seamless cross-chain communication and interoperability between different blockchains using a modular and permissionless design. It provides developers with a universal contract standard (Omnichain Fungible Tokens and Omnichain Applications) and the flexibility to configure their own security parameters through Security Stacks. By selecting the appropriate verification methods, developers can ensure the security and trustworthiness of their applications and tokens.
Blockchain and payments firm Block Inc., led by Jack Dorsey, is laying off employees as part of its plan to cut headcount by up to 10% by the end of 2024.
Ethereum's price could potentially reach $4,000 by May if it secures its own spot exchange-traded fund (ETF) approval, according to Standard Chartered, with expectations that the process will follow a similar path to bitcoin's ETF approval which resulted in a significant price increase; however, Ethereum is considered to be less vulnerable to price declines post-ETF launch.
Brenda Chunga, known as "Bitcoin Beautee," has pleaded guilty to fraud in connection with promoting an Australian Ponzi scheme called HyperFund on social media, making nearly $4 million, and now faces up to five years in prison, as the American crackdown on crypto continues.
Standard Chartered Bank predicts that Ether (ETH) could increase by nearly 70% and reach $4,000 by May as spot-based exchange-traded funds (ETF) for the cryptocurrency are expected to gain regulatory approval in the U.S., similar to Bitcoin, leading to potential price outperformance.
The price of bitcoin reached its highest level since the introduction of bitcoin ETFs after experiencing net inflows for the first time in a week, with ETF issuers collectively adding over 4,200 bitcoin worth about $183 million to their holdings.
Horizen (ZEN), Radiant Capital (RDNT), Injective (INJ), Beldex (BDX), and SKALE (SKL) are altcoins with upcoming developments in February 2024 that could impact their prices positively.
The GME token, which has surged in value on Solana, is a meme coin unrelated to the gaming retailer GameStop, and its rise comes at a time when GameStop is scaling back its involvement in the crypto space.
The Securities and Exchange Commission (SEC) of Thailand has released an updated framework for crypto regulations, which removes investment limits for retail investors, creates new rules for custodians, and gives the SEC a larger role in monitoring digital asset businesses.
Vitalik Buterin, the creator of Ethereum, has proposed four groundbreaking ideas for merging artificial intelligence (AI) and cryptocurrency, including using AI in blockchain systems and creating decentralized and secure AI systems with blockchain technology.
Circle has expanded the issuance of its stablecoin USDC to the Celo network, enabling cross-border payments and peer-to-peer transactions in developing regions.
Transak has partnered with Visa Direct to facilitate real-time card withdrawals, simplifying the process of converting crypto into fiat for its users.
German authorities have seized €2 billion ($2.17 billion) worth of bitcoins in Saxony, in what could be Germany's largest-ever seizure of its kind, with two men being investigated for running a piracy website and allegedly buying bitcoins with the money earned from the portal.
German police have seized 50,000 bitcoin worth $2.17 billion in their largest cryptocurrency seizure to date, stemming from the operation of a piracy website in 2013, with an ongoing investigation into commercial money laundering.
Wall Street is starting to recognize Bitcoin as a potential replacement for the U.S. dollar, with Morgan Stanley suggesting that the recent approval of spot Bitcoin ETFs marks a paradigm shift in the global financial system.
China's largest fund manager has submitted the first spot Bitcoin exchange-traded fund (ETF) application to the Hong Kong securities regulator, as excitement grows around U.S. spot Bitcoin ETFs and China's crypto crackdown prompts investors to look for offshore options.
Bitcoin's price has increased by nearly 10% in the past week, reaching over $43,000, as investors anticipate the US Federal Reserve's decision to maintain unchanged interest rates, potentially boosting the appetite for BTC and altcoins such as SOL and AVAX. In other news, Binance now allows larger traders to hold their assets at independent banks, reflecting concerns over the exchange's regulatory disputes, while decentralized exchange Portal has raised $34 million in seed funding to provide a peer-to-peer infrastructure for bitcoin swapping without intermediaries.
Decentralized stablecoin MIM experienced a flash crash to $0.76 following a $6.5 million exploit, prompting the Abracadabra DAO to buy back the stablecoin to maintain its peg at $1.
Anza, a new software development firm, has been launched by a team of executives and core engineers from Solana Labs, with a focus on building in the Solana ecosystem, particularly a forked version of the Solana Labs validator client called Agave, and contributing to other major protocols within the ecosystem.