Boyaa Interactive, a leading Chinese gaming firm on the Hong Kong Stock Exchange, has reallocated a significant portion of its crypto assets from Ethereum to Bitcoin. As per a November 29 filing, the company reported converting 14,200 ETH into approximately 515 BTC in an open-market deal worth more than $49 million. The Ethereum had been…
CryptoQuant community analyst Maartunn highlighted that XRP’s current price increase is a “leverage-driven pump,” with a similar event in the past ending in a 17% correction. According to CryptoSlate data, XRP was priced at $1.72 as of press time, up 16.4% over the past 24 hours to become one of the best-performing crypto in the…
North Korean hackers have stolen billions in cryptocurrency and sensitive corporate data by impersonating venture capitalists, recruiters, and remote IT workers. Researchers made the revelations during Cyberwarcon, an annual cybersecurity conference, on Nov. 29. According to Microsoft security researcher James Elliott, North Korean operatives have infiltrated hundreds of global organizations by creating false identities. Using…
Despite bitcoin’s price turmoil over the past week, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the leading digital asset’s dominance is less likely to decline soon. Historical data shows that alternative cryptocurrencies (altcoins) have always rallied when BTC retraces and seen a decline in market dominance during bull…
Tron founder Justin Sun ate the banana duct-taped to a wall, which he recently bought for $6.2 million at Sotheby’s. The event took place at the Peninsula Hotel in Hong Kong. The artwork, titled “Comedian,” was created by Italian artist Maurizio Cattelan and gained global fame in 2019 when it debuted at Art Basel in…
Solana-based memecoin launchpad Pump.Fun experienced a sharp 33% decline in revenue this week after disabling its live-streaming feature. According to DefiLlama data, the platform’s revenue fell from $5 million to $3.6 million in just one day, marking its most significant single-day drop since March. The decision came after a series of controversial incidents that triggered…
The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets. According to the public consultation notice, the transfer of stablecoins — called “tokens denominated in foreign currencies” — between residents would be restricted in cases where Brazilian law already allows payments in…
It was a crazy week in the cryptocurrency industry, filled with a lot of volatility, a resurgance that the entire community was debating about, as well as the story of the underdog coming back at it. Let’s dive in. First, we have Bitcoin. Its price tried to breach $100K last weekend on numerous occasions, but…
XRP has rebounded after a period of bearish momentum, jumping 16% in the past 24 hours. That’s the largest one-day gain in the past nine days. However, XRP isn’t the only crypto turning heads. Many traders are eyeing up-and-coming presale projects Flockerz and Crypto All-Stars as candidates for even greater returns. XRP Rebounds & Reaches…
Retail investors are always looking for the next big thing. And many believe Pepe Unchained (PEPU) could be it. The project has raised over $57 million during its ICO – and one popular analyst speculated that PEPU will explode after it hits the market next month. Pepe Unchained Continues to Gain Momentum After Record-Breaking ICO…