One of FTX's customers, after exploiting the platform for hundreds of millions of dollars, filed a claim for $12 million stranded on the platform.

The crypto world's booming evolution makes it more thrilling—and intimidating—than ever. Who would've thought we'd discuss digital coins worth thousands of dollars today? But here we are, witnessing a financial revolution, each token holding its unique potential. Internet Computer Protocol (ICP) is revolutionising how we interact online by decentralising data storage and enabling dApps.

FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange.

A report indicates that post-U.S. elections, traders are favoring leveraged long positions in perpetuals and futures contracts. Trump's Victory Brings Stability to Markets According to a new report by Bybit and Block Scholes, market trends in the period immediately after the U.S.

Former president Donald Trump is set to return to the White House in January after winning the election on Tuesday. During the campaign, Trump made several promises to the crypto community, one of which was to fire the U.S. Securities and Exchange Commission (SEC) chairperson Gary Gensler on the first day of his presidency.

A crypto dollar is not as far-fetched as it might sound

Federal Reserve officials are preparing for the second Fed rate cut next week, in response to a steady decline in the inflationary pressures that previously contributed to widespread frustration among Americans and factored into Donald Trump's presidential win.

The co-founder of Ethereum is shaking up the codes of decentralized finance by proposing a new concept called "Infofinance," aimed at transforming prediction markets into true sources of reliable information. This innovation could redefine the way we generate and value information in the crypto ecosystem.

The chief executive of a crypto firm was reportedly kidnapped in Toronto and only freed after a $1 million ransom was paid.

Total crypto venture capital (VC) funding investments exceeded $40 million last week, with decentralized data infrastructure platform VLayer securing $10 million. That's a large drop in volume and value compared to the previous week.

For crypto enthusiasts aiming to effectively safeguard and manage their digital assets, selecting the right wallet is crucial. Choosing crypto wallets in November 2024 includes highly secure and user-friendly options designed to meet a broad spectrum of needs. Among these, Trust Wallet, Plus Wallet, Coinbase Wallet, MetaMask, and Exodus each offer distinct features.

The administrator of bankrupt crypto exchange FTX is on a suing spree after filing 22 adversary actions on November 8, targeting various entities and individuals. With the most recent legal actions, the FTX Debtors have filed 51 lawsuits since November 11, 2022, with 30 of those actions coming in the last 10 days.

Bankrupt cryptocurrency trading platform FTX Derivatives Exchange has filed a lawsuit against Anthony Scaramucci. Known for his political and crypto engagements, FTX is out to recoup up to $67 million the trading firm invested into SkyBridge Capital ventures.

After nearly ten years of exploring blockchain, JPMorgan's Onyx platform is now processing over $2 billion in transactions daily.

Kraken says that a man tried to maliciously gain access to an account by wearing a shoddy mask that vaguely matched the rightful customer.

The redesigned platform, set to launch next month, will boost points for high-volume traders loyal to OpenSea over other marketplaces.

Non-fungible token (NFT) sales ticked upward this week, climbing 14.99% higher than the previous week's figures in total seven-day sales. Ethereum and Bitcoin Dominate as NFT Sales Rebound Between Nov. 2 and Nov. 9, 2024, NFT sales hit $95.72 million, marking a 14.

Security expert links global rise in crypto-related kidnappings to Bitcoin's increasing value and awareness.

In the latest development, Norway is currently considering the potential adoption of a central bank digital currency (CBDC). In the process, Norway's Central Bank, Norges Bank, has endorsed the Markets in Crypto-Assets (MiCA) regulation, which is a landmark framework created by the European Commission (EC) that focuses on maintaining financial stability.

TL;DR Institutional staking offers liquidity and security benefits to blockchain networks but raises significant risks of power centralization. The influence of large institutions in governance may unbalance the principles of transparency and decentralization that are core to blockchains.

Decentralized finance (DeFi) passed gaming last month to become the top sector in the decentralized app (DApp) space, according to a new analysis from the market intelligence firm DappRadar. DappRadar notes that DeFi now accounts for 34.5% of overall DApp activity, compared to 24.5% for gaming and 17.7% for non-fungible tokens (NFTs).

With Bitcoin price recently reaching a new record high of $76,943.12, the cryptocurrency market is filled with enthusiasm and hope. This increase has rekindled interest in multiple altcoins that are set for substantial profits.

It's a scenario worthy of the most thrilling thrillers, but this time, it is very real. Dean Skurka, CEO of WonderFi, was the victim of a kidnapping in the heart of Toronto.

According to crypto analytics firm CryptoQuant, Binance and Coinbase recorded significant stablecoin inflows after Donald Trump's win. The firm highlighted that inflows of this magnitude were last experienced in 2020.

The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock. DeFi is driving one of the most aggressive waves of innovation in decades.

The next four years should be ‘highly favorable' to the digital assets sector, but thoughtful legislation will be critical.

Latin America's cryptocurrency landscape is undergoing significant changes, with stablecoins emerging as the dominant digital asset class in the region. According to a recent Chainalysis report, stablecoin usage is growing rapidly as Latin Americans seek financial stability amid economic challenges.

Excitement over the outcome of the United States elections changed the sentiment in the derivatives market, driving trading volumes and open interest.

Binance founder Changpeng Zhao, also known as CZ, recently revealed on his educational focus for Giggle Academy. His new endeavor targets countries with low literacy rates.

Prediction platforms, like Polymarket, recently attracted significant attention during the US elections for their distinct role in forecasting outcomes. However, Ethereum co-founder Vitalik Buterin believes these platforms hold even greater potential, envisioning their evolution to reshape social media, science, news, governance, and other sectors.

Vitalik Buterin highlights how prediction markets like Polymarket can transform to “info finance” platforms.

The crypto industry helped put Donald Trump back in the White House. Now, it hopes his presidency will boost the asset class to new highs.

The new Donald Trump administration could bring regulatory clarity to the crypto industry, but complex factors may hinder rapid progress.

In a recent podcast, crypto experts Murad Mahmudov and Arthur Hayes shared their insights on the evolving roles of meme coins, DeFi, and AI tokens. The experts highlight significant shifts and predict how these assets may function by 2025.

Bitcoin remains the top player in the crypto market. Historically, Altcoins tend to follow Bitcoin's movements. The Bitcoin market has already surpassed its all-time high of $73,000+. To reach the mid-March peak, the Altcoin market has to grow at least 18.75%. This implies more room for growth in the Altcoin market.

Despite current impediments, web3 loyalty programs are full of potential, and consumers could see real change sooner than we think.

The crypto markets are gearing up as the Bitcoin price is approaching back to the levels close to the ATH, intending to form a new one in a short while. In the meantime, this popular altcoin, Notcoin, which refrained from bullish price action, has displayed massive strength.

The cryptocurrency industry has emerged as a notable political force, with over $135 million spent in the 2024 election cycle to support more than 50 candidates across the political spectrum.

A Pennsylvania State Police unit is advising the public of a new bitcoin scam targeting vulnerable individuals, particularly seniors. Scammers contact them through email, phone, or other electronic means, claiming there's a fraudulent activity involving their personal information.

Binance Labs, the crypto exchange's venture capital arm, has invested in decentralized science (DeSci) by backing the BIO Protocol.

Chinese official Wang Moumou just received a life imprisonment for selling secret documents to British intelligence. Wang racked up heavy debts due to failed crypto trading, and received crypto in payment for espionage.

Polymarket has sparked speculation about a potential token launch, fueling excitement among its users. The post Polymarket Hints at Token Launch, Teasing Users with Potential Airdrop appeared first on Cryptonews.

Norges Bank backs the EU's MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.

The cryptocurrency market continues its bullish ascent, two of the largest centralized exchanges, Binance and Coinbase, have witnessed a massive influx of ERC-20 stablecoins, totaling approximately $9.3 billion. This remarkable inflow represents one of the most significant movements in recent crypto history, positioning the exchanges as key players in the ongoing market expansion.

Chainlink (LINK) and Maker (MKR) are arguably the most recognizable names in the ranking.

UBS has unveiled a major breakthrough with UBS Digital Cash, a blockchain-based solution poised to revolutionize cross-border payments.

CertiK Alerts, a cyber security firm, reported increased crypto security incidents in October 2024 excluding phishing, which was above the monthly average of 40 recorded in the year. Yet, damages were infrequent and relatively less in terms of money; the sum of $2.

In a move that would have seemed like science fiction a few years ago, Detroit is preparing to welcome cryptocurrency into its municipal coffers.