FTX’s Gary Wang spared prison time in fraud case
Gary Wang, the last of FTX’s executives to be sentenced, will serve no prison time after aiding prosecutors in decyphering Sam Bankman-Fried’s fraudulent empire.
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CryptoQuant Warns of Bitcoin (BTC) Top Following $94,000 New All-Time High
Leading on-chain analytics firm CryptoQuant has issued a cautionary note for investors banking on Bitcoin’s (BTC) price to sustain its recent rally past $94,000. The firm warns that the Bitcoin price top of this cycle could be close. Their analysis highlights key indicators signaling potential exhaustion in BTC’s upward momentum. This raises the question: are…
ETH and SOL Are on the Verge of a Massive Price Spike – Could This New Exchange Token Follow Their Lead?
With amazing price swings that have investors humming about what’s next, Ethereum (ETH) and Solana (SOL) have been creating waves in the crypto market. Excitement for possible large price swings is growing as the Ethereum price consolidates at important levels and the Solana price achieves a new 2024 high. But what if the actual breakthrough…
Russia Cracks Down on Mining Amid Energy Concerns
Russia bans crypto mining in occupied Ukraine regions to tackle energy shortages during fall and winter. The new law enforces stricter control on mining, allowing only registered entities and imposing regional restrictions. Russia is tightening its rules on crypto mining after Deputy Prime Minister Alexander Novak recently declared a ban on areas under Russian occupation…
Hoth Therapeutics approves purchase of $1m Bitcoin
Nasdaq-listed Hoth Therapeutics has announced plans to purchase Bitcoin as a treasury reserve asset. Hoth disclosed on Nov. 20 that its board of directors had approved the acquisition of $1 million worth of Bitcoin (BTC). The biopharmaceutical company will become…
MicroStrategy eyes $2.6 billion raise for Bitcoin acquisition as it breaks into top 100 US firms
MicroStrategy has increased its convertible debt offering to $2.6 billion, up from its original $1.75 billion target, according to a Nov. 20 statement. The firm stated that the proceeds from this offering will fund additional Bitcoin acquisitions and other corporate needs. Offering details The convertible notes will be sold privately to institutional buyers under Rule…
CEX.IO improves platform with tighter order book, near-zero spread
CEX.IO has announced an update to its liquidity aggregation engine, enabling access to a broader range of external liquidity sources. The enhancement tightens the order book, minimizes price discrepancies, and provides near-zero spreads on most trading pairs, according to a…
Crypto expert explains why BONK price could go parabolic
Bonk price continued its strong rally, reaching an all-time high of $0.000060, making it one of the top-performing meme coins. Bonk (BONK) was trading at $0.0000543, up by over 39,166% from its all-time low, giving it a market capitalization of…
Fhenix’s Nitrogen Testnet Gets Major Upgrade With Enhanced Decryption and More
The latest upgrades on the testnet will introduce enhanced decryption capabilities moving the blockchain closer to its mainnet launch. Ethereum Layer 2 platform Fhenix, designed using the Fully Homomorphic Encryption (FHE) scheme, has announced a major upgrade on its testnet Nitrogen, bringing new features and capabilities to the platform. The latest powerful upgrades aim to…
Web3 Infrastructure-Based Dojima Foundation Unveils Omnichain Web
Dojima Foundation is set to unveil Omnichain Web, an infrastructure that is aimed at transforming web3 interoperability and driving mainstream adoption The Dojima Foundation has announced that it will launch the Omnichain Web, a revolutionary infrastructure that has been designed to accelerate the mainstream adoption of Web3 by facilitating seamless blockchain integration and enhanced interoperability….
