The announcement by Bybit to close its NFT Marketplace, along with associated offerings such as the Inscription Marketplace and Initial DEX Offering (IDO) pages, is more than just a corporate decision; it is a significant blow to the once-famed world of digital collectibles. As a center-right thinker, I can’t help but see this crisis as
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The recent pardons issued by former President Donald Trump to the co-founders of BitMEX—Arthur Hayes, Benjamin Delo, and Samuel Reed—have ignited a firestorm of opinions and controversies within the crypto community and the broader political landscape. After the trio admitted guilt to charges related to violations of US anti-money laundering laws, their release from these
In the ever-evolving landscape of cryptocurrency, the line between innovation and ethical behavior seems to blur frequently. Binance’s decisive actions against internal misconduct, especially concerning the jiggle of the MOVE token, highlight a desperate need for stringent ethical standards. The suspension of a staff member for insider trading and the penalties aimed at manipulative market
The landscape of cryptocurrency trading has long been dominated by centralized exchanges (CEXs) such as Binance and Coinbase. With Binance alone boasting a staggering $17 billion in daily trading volume, it’s hard to dispute the gravitational pull these centralized entities have on the market. Their scale, regulatory clarity, and user-friendly interfaces exemplify a model that
Crypto.com’s recent announcement of its partnership with Trump Media & Technology Group (TMTG) and Yorkville America has sent ripples through both financial and political circles. The goal is to launch TMTG-branded exchange-traded funds (ETFs) that blend digital and traditional assets, including a notable emphasis on cryptocurrencies. While the intentions may appear ambitious at first glance,
In a daring bid to raise capital, Kraken appears to be looking for up to $1 billion in debt funding, possibly setting the stage for an initial public offering (IPO) that could shake up the cryptocurrency exchange market. Wall Street heavyweights Goldman Sachs and JPMorgan are reportedly spearheading this capital-raising effort, amidst ongoing discussions with
In the seemingly unshakeable world of cryptocurrency, where fortunes can be made—or lost—overnight, the reality is that a foundational piece—security—remains riddled with vulnerabilities. Despite the significant advances in blockchain technologies, annual statistics predictably show staggering amounts of money disappearing due to breaches and hacks. For instance, the alarming Bybit hack that saw $1.5 billion in
The cryptocurrency and blockchain sectors are buzzing with excitement following Kraken’s recent announcement of the listing of APENFT (NFT). This innovative token, which operates within the TRON ecosystem, has carved out a substantial niche due to its focus on bringing premium artworks onto the blockchain. Since its inception in 2021, APENFT has skyrocketed to over
In an era where the Internet is rapidly transitioning from centralized control to decentralized frameworks, the recent announcement of PumpSwap by TRON DAO and pump.fun deserves our keen attention. This innovative decentralized exchange (DEX) is set to disrupt the norm, especially concerning liquidity access and cross-chain interoperability. However, not all that glitters in the cryptocurrency
In an era where crypto exchanges grapple with volatility, Crypto.com has emerged as a beacon of astonishing growth, boasting a staggering $1.5 billion in revenue for 2024. This impressive figure is not only a testament to the company’s robust operational strategies but also reflects a surge in trading activity from its massive user base of
