Cryptocurrency poker players in Singapore were robbed of 3.58 million SGD.

Coinbase enjoyed stellar Q1 results as Bitcoin shone, but worries remain over the company's sustainability when markets eventually cool.

Investments in the first quarter were influenced by innovation in areas like restaking, modularity, Bitcoin layer-2 solutions, and macroeconomic factors.

Blockchain security firm Cyvers Alert reported that an unnamed crypto trader lost 1,155 Wrapped Bitcoin (WBTC), equivalent to $70.5 million worth, to address poisoning. The firm said: “Are we mistaken, or has someone truly lost $68 million worth of WBTC?

Coinbase, the largest U.S.-based cryptocurrency exchange, is ultimately a crypto story. And like all crypto stories, it has its downs — and its wild ups.

Digital asset exchange Coinbase released its Q1 2024 earnings report posting better-than-expected profits on the back of improved activity. A key feature of the release was that revenues doubled to $1.58 billion year-over-over showing a strong performance in the last three months.

According to a crypto lawyer, FTX founder Sam Bankman-Fried will spend his full sentence in prison.

Crypto suffers from Bitcoin's fluctuating prices, the crypto market's challenges with ETFs, and the EIGEN token airdrop backlash. The post Crypto landscape signals turbulence and dissatisfaction: IntoTheBlock appeared first on Crypto Briefing.

In a revolutionary move, Commodity Futures Trading Commission (CFTC) Commissioner Caroline D. Johnson has put forward a series of recommendations aimed at the intersection of artificial intelligence (AI) and decentralized finance (DeFi). This proposal marks a crucial moment for regulatory approaches to emerging technologies in the financial sector.

The introduction of the Friend token by FriendTech, a Web3 social media platform, has been met with market turbulence as the price significantly dropped after its airdrop event. Having originally been launched at a value of more than $10, the token's value went down to $1 before slightly correcting to $1.4.

Analysts said it would be a strong quarter for Coinbase. Boy, were they right.

Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across various decentralized exchange (dex) platforms, as reported by several different price aggregation websites.

The FIOD arrests a man linked to the ZKasino scam, seizing over 11 million euros in assets and securing victim funds with Binance's help. The post ZKasino founder arrested in Netherlands and over $11 million seized appeared first on Crypto Briefing.

As the Hong Kong ETFs is currently making news of their underperformance, CF Benchmarks, a branch of the cryptocurrency exchange Kraken and a benchmark for crypto exchanges is making huge gains from rise in spot Bitcoin exchange-traded funds (ETFs).

The CFTC's Kristin Johnson proposed recommendations such as heightened penalties to address AI in financial markets, including in DeFi.

A cryptocurrency user has lost $68 million worth of wrapped bitcoin (WBTC) after falling victim to an "address poisoning" exploit, according to blockchain security firm CertiK.

Kraken's indices provider wins big from the spot Bitcoin ETF boom in the U.S.

The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) plans to host a roundtable discussion as the crypto landscape in Nigeria is going through an extremely turbulent time.

Netherlands officials announced the arrest of a suspect in fraud, embezzlement, and money laundering of the gaming platform ZKasino.

In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in previous cycles. His insights provide a deep dive into the underlying factors that could temper the market's performance.

In an unprecedented turn of events, while the global digital asset ETF market bled over the past week, Hong Kong stole the spotlight, noting remarkable inflows. Outpacing the U.S. Spot Bitcoin ETF market, the largest market with 63,487 AUM (Assets under management) in weekly flows, the Asian crypto ETF market appears to be gradually carving

Ryan Salame, the former co-CEO of FTX Digital Markets, has reached a plea agreement in a criminal case. As part of the agreement, Salame has agreed to transfer his $5.9 million Bahamas house to FTX Digital Markets Ltd.

In a significant development within the bankruptcy proceedings involving the defunct exchange FTX and its debtors, Ryan Salame, former co-chief executive of the company, has agreed to forfeit his $5.9 million Bahamas property as part of a plea deal in a criminal case.

The Australian Securities & Investments Commission (ASIC) has reached a significant legal milestone in a case concerning non-cash crypto payments.

The implosion of cryptocurrency giant FTX continues to cast a long shadow, with the latest twist involving a Bahamas mansion and a plea deal.

The cryptocurrency market has experienced a notable uptick, with the total market capitalization climbing by 2.80% in the last 24 hours to reach $2.18 trillion as of May 3. This surge coincides with positive developments in both the cryptocurrency and traditional financial sectors.

Crypto influencer and analyst well-known for his bold predictions and analysis, Arthur Hayes, the former CEO of BitMEX, is back again with his latest blog post titled “Mayday.” In “Mayday,” Arthur Hayes reveals his investment strategy for May, such as the cryptocurrencies he is planning to buy and the rationale behind his choices.

Investors are always on the hunt for the next big opportunity in the crypto market. With the bull run of 2024 in full swing, focusing on affordable cryptocurrencies could lead to significant gains, especially during altcoin season.

The next week is expected to be an eventful week for the US economy. Some of the major economic events which are scheduled to take place next week are likely to have a serious impact on the crypto market. Let's see what those major events are and how they are going to affect crypto markets.

FriendTech, a leading Web3 social media platform, has launched the Friend token officially which is actively trading on its DEX, currently valued at $3 per unit with a supply of 14.5 million tokens. With its innovative approach to social networking through exclusive networking service that leverages social tokens known as “Keys.

Crypto airdrops are important parts of the ecosystem as projects utilize it for community engagement and rewards. With a surging market capitalization and an influx of new projects, developers and executives often roll out free airdrops for the community.

During the arrest, authorities confiscated a substantial amount of assets, totalling over 11.4 million euros ($12.2 million). These assets include digital currencies, real estate properties, and luxury vehicles.

Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks.

The largest Friend.tech (FRIEND) whale, identified as “Murphys1d,” sent shockwaves through the crypto community by swiftly offloading over 55,000 newly issued FRIEND tokens right after the platform's airdrop launch on May 3. The whale's move caused the value of the FRIEND token to plummet by more than 75%, with prices nosediving from $3.

The once-booming crypto trading volume experienced a sharp decline of over 30% in April, sending ripples across the financial world. Centralized exchanges (CEXs) witnessed a staggering drop in spot trading volumes, plummeting from March's towering $2.49 trillion to a subdued $1.6 trillion.

MultiBank Group, a leading digital asset exchange, is excited to introduce MultiBank.io, its cutting-edge, cryptocurrency derivatives trading platform, according to the information shared with Finbold on May 2.

Base is a Layer-2 blockchain built by Coinbase on top of the Ethereum network. Layer-2 solutions are designed to enhance the scalability and efficiency of the Ethereum blockchain. Base aims to provide a secure, low-cost, and developer-friendly environment for building decentralized applications (dApps).

TL;DR Trezor Discontinues Coinjoin: Crypto hardware wallet manufacturer Trezor has announced the discontinuation of the Coinjoin feature in its Trezor Suite due to regulatory pressures and a need for legal clarity. The service will cease by June 1, 2024.

Australia's ASIC scores a win against BPS in court, setting a key precedent for crypto.

The cryptocurrency market, particularly in April 2024, reported a vast drop in hacking, exploits and scam losses, making it the lowest figure since 2021. As reported by the Blockchain security platform CertiK, the total losses for the past month are estimated to be approximately $25.

The report on the spring of cryptocurrencies by Chainalysis reveals the new trends.

Ryan Salame, the former co-head at FTX Digital Markets, has agreed to surrender a million-dollar estate in the Bahamas. This decision is a concession he made as part of the plea bargain with American authorities.

In the ever-evolving world of cryptocurrencies, the concept of cryptocurrency trading bots has attracted a lot of attention. Cryptocurrency trading robots can automatically sell high and sell low across different exchanges through various trading strategies, achieving passive income for users.

The much-anticipated launch of the native token for FriendTech, a pioneering Web3 social media platform, marks a significant milestone in the evolution of decentralized networking. Following months of development and preparation, the Friend token has been officially introduced and is now actively trading on its decentralized exchange (DEX) hosted on the Base network.

The business has a number of positive catalysts including its smart wallet Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.

This decision is a response to their partner ceasing to provide the service that powers Coinjoin. This impacts the feature's operational capabilities within the Trezor ecosystem.

Kraken's CF Benchmarks achieves dominance in the crypto ETF market with $24 billion in reference data, gears up for expansion amid unprecedented demand surge.

The largest Friend.tech whale has sold all his holdings, causing the new token to fall over 50% in value while other users are still unable to claim the airdrop.