HTX, formerly known as Huobi, made headlines on May 27 by exceeding US-based Coinbase in daily spot trading volumes for the first time ever. The influential figure behind the TRON blockchain, Justin Sun, who is also one of the investors at HTX, shared the milestone on social media. He revealed that HTX traded $1.81 billion
In a recent development, Ryan Salame, a former executive at FTX, has been sentenced to 7.5 years in prison and required to forfeit a total of $11 million for his involvement in criminal activities related to the crypto exchange. Salame had initially requested a much shorter sentence of 18 months, but prosecutors argued for a
The cryptocurrency market has been buzzing with positive sentiment recently, with many experts and analysts offering optimistic outlooks on the future of Bitcoin. One such enthusiast, Crypto Con, has made waves by predicting that the price of BTC may skyrocket to $123,832 in the near future. By examining historical patterns and market behavior, Crypto Con
The Rehabilitation Trustee of the defunct crypto exchange Mt. Gox has confirmed that it has not sold its significant Bitcoin holdings despite transferring over 140,000 BTC (approximately $10 billion) today. The trustee clarified in a May 28 statement that preparations to repay creditors were ongoing. According to the firm, the bankruptcy process will compensate creditors
Former President Donald Trump, a prominent figure in Republican politics, has made headlines with his cryptocurrency holdings. A wallet linked to Trump reportedly contains assets valued at approximately $10 million. This includes TRUMP tokens worth $7.12 million, 463.441 ETH valued at $1.84 million, and 1 million MAGA VP tokens estimated at $509,000. The total value
The European Securities and Markets Authority (ESMA) has recently brought to light the issue of Maximum Extractable Value (MEV) as a form of illegal market abuse under the proposed technical standards for the Markets in Crypto-Assets (MiCA) regulation. This development has significant implications for the crypto industry as a whole. Prominent commentator on crypto regulations,
Binance, as the largest shareholder of the South Korean cryptocurrency exchange Gopax, made headlines when it sold the asset claims of Gopax victims at less than half their face value on May 27. This discounted sale resulted in significant financial losses for investors and went against Binance’s initial promise to fully compensate victims of the
The European Blockchain Observatory and Forum (EUBOF), an initiative of the European Commission, recently released a report urging the European Union (EU) to prepare for the integration of blockchain technology and artificial intelligence (AI). This initiative is aimed at enhancing data security for users and promoting innovation in various sectors. The report highlights the potential
Shiba Inu ($SHIB) has emerged as a strong contender in the cryptocurrency market, outperforming popular digital assets such as Bitcoin and Ethereum. With its current price of $0.00002547, Shiba Inu has shown an impressive growth of 200% compared to the previous year. In contrast, Bitcoin has seen a 158% increase, Ethereum has added 115%, and
In the fast-paced world of cryptocurrency trading, new tokens can surge in popularity and value within hours of launch. One such token, Boost Trump Campaign (BTC), has recently made headlines for its massive gains and subsequent decline. Analyzing the market trends and factors influencing these tokens can provide valuable insights for traders seeking to maximize