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Altcoin
US DOJ charges former CTO of blockchain company for fraud scheme
The US Department of Justice said it has arrested Rikesh Thapa, the former chief technology officer of a blockchain company, for allegedly defrauding his company…
Bitcoin held by miners sinks to 1 year lows; Poolin culpable
Bitcoin miners are facing a challenging time due to ongoing price uncertainty and global energy shortages.In addition, macro factors have conspired to raise the cost…
Polygon co-founder addresses criticisms the project is just as bad as Solana
Polygon co-founder Sandeep Nailwal went on the defense against “ecosystems who are feeling defeated & jealous.”The comment was motivated by a tweet from Mert…
Attackers use name of lead exchanges to target crypto startups
Tech giant Microsoft uncovered an attack targeting crypto startups using a pdf file that uses the names OKX, Binance, and Huobi.The pdf file is titled “OKX,…
Crypto.com CEO addresses FUD,says he ‘has nothing to hide’
Crypto exchange crypto.com‘s CEO Kris Marszalek posted a thread on his Twitter account to acknowledge that more FUD targeting crypto.com is coming and that he had…
Two metrics show Bitcoin in uptrend, historically a good time for risk-on assets
Long-term Bitcoin (BTC) holder behavior is considered one of the most determinate factors to assess BTC performance, the market’s top, and the market’s bottom.…
Onchain metric suggests similarities between now and Terra Collapse
In June 2022, following the Terra collapse, the demand for puts rose while implied volatility collapsed, the same as in the recent crypto bear market after the…
NFT industry in Africa and Middle-East poised for rapid growth
The African and Middle Eastern NFT industries are expected to grow by 48.3% annually to reach $3.42 billion in 2022, according to a report from…
CZ addresses FTX narratives, Tether launches CNH₮, Terraform Labs caught dumping tokens
The biggest news in the cryptoverse for Dec. 6 includes Michael Saylor criticizing SBF, Ethereum inflation coming back, Silvergate exposure to FTX, and MetaMask…
A huge stablecoin supply is waiting on the sidelines to trigger a bull run
While Bitcoin is usually considered the backbone of the crypto industry, one should never underestimate the role stablecoins play in the market.Stablecoins are…