Coinbase ends USDC rewards in EU amid MiCA compliance
Coinbase plans to end support for USDC earn program for EU customers on December 1, 2024. The exchange cites EU’s MiCA rules that go into full implementation on Dec. 30…
Trump Media eyes Bakkt deal amid crypto expansion: report
Trump Media is looking to acquire Bakkt’s crypto trading business amid plans of expanding into the crypto market. Reports says Bakkt’s custody unit is not part of the advanced talks.…
Immunefi suspends Trust Security (TrustSec) amid bug bounty dispute
Immunefi has suspended Trust Security for mischaracterizing a critical bug report. Trust Security discovered a theft-of-funds bug but was denied a full bounty payout. TrustSec rejected Immunefi’s goodwill offer, citing…
Bitcoin spikes to $66k amid ‘Uptober’ sentiment
Bitcoin price broke to above $66,000 for the first time in nearly three weeks. Cypto analysts at QCP say ‘Uptober’ and the US election sentiment could help bulls higher. Bitcoin…
Crypto liquidations hit $200m amid Bitcoin dip
Crypto liquidations rose to over $200 million in 24 hours as Bitcoin (ETH) and Ethereum (ETH) dipped. Analysts are however bullish on BTC price as September looks poised to end…
Curve Finance considers dropping TUSD from crvUSD backing amid SEC charges
Curve Finance is considering dropping TUSD from crvUSD backing amid SEC charges. The SEC alleges TUSD was mostly backed by a risky offshore fund, not U.S. dollars. Proposed changes include…
Ark Invest sells $2.8M of its own Spot Bitcoin ETF amid market shifts
Ark Invest sold 44,609 shares of its ARKB Spot Bitcoin ETF for $2.8 million as part of a rebalancing strategy. The firm retains $139.7 million in ARKB, making it the…
Silvergate Capital files for bankruptcy amid crypto market turmoil
Silvergate Capital filed for bankruptcy on September 18, 2024, in Delaware. The bank, shuttered in March 2023, will not compensate common stockholders. Regulatory probes and the crypto market collapse blamed…
Cardano (ADA) on the spot amid mysterious transactions as ecosystem registers growth
ADA’s price has rebounded to $0.343 after a low of $0.3054 amid market volatility. Mysterious transactions involving large ADA amounts stir speculation and concern. The Cardano ecosystem grows with increased…
Bitcoin (BTC) drops below $57K again amid strong selling pressure
Bitcoin drops below $57K due to major institutional sell-offs and market pressure. Short-term holders face unrealized losses, could trigger market volatility if they decide to cut their losses. $51K is…