Crypto Market News: Arthur Hayes, the chief executive officer of crypto exchange BitMEX, said the smaller U.S. regional banks still face the danger of collapse, as against the large banks that hold treasuries and mortgage backed securities. He said the…
The digital currency ecosystem is experiencing a broad-based recovery today with the combined crypto market capitalization jumping by 1.38% to $1.14 trillion at the time of writing. While Bitcoin (BTC) is definitively trailing this uptrend, memecoins a…
The Arbitrum-based Jimbos Protocol has been exploited for 4090 ETH worth $7.5 million three days after its version 2 launch. PeckShield reported the hack was enabled by the protocol’s lack of control over slippage for the tokens under its control…
US President Joe Biden and House Representative Kevin McCarthy have reached a deal in principle to raise the government’s $3.4 trillion debt ceiling days before the default deadline. The tentative agreement between the two parties would raise the debt …
Crypto Market News: The Bitcoin price exceeded $27,000 after news broke of President Joe Biden and top Republican Kevin McCarthy reaching the debt ceiling deal in-principle. President Biden confirmed the deal in his Twitter post, saying it was “a…
Crypto Market News: The U.S. Securities and Exchange Commission’s (SEC) complaint against Ripple already caused irreversible damage to the XRP community and the crypto market. However, the SEC’s recent enforcement actions against crypto businesses make…
It has been more than 2 and a half years since the lawsuit between the blockchain payments firm, Ripple Labs Inc and the United States Securities and Exchange Commission (SEC) was instigated and thus far, the firm has experienced both losses and gains …
Crypto News: On Saturday, the world’s largest cryptocurrency exchange, Binance, announced the discontinuation of its crypto services for residents of Japan, effective November 30, 2023. This decision was made as part of ongoing efforts by Binance…
Ripple News: United States Department of Justice (DOJ) reportedly hinted that they will be taking action against the short selling ahead. The exercise of making a profit by betting against the stock price surge has now become a major focus for U.S. pro…