Cryptocoins News / CryptoNinjas - 2 months ago
Kraken is a popular cryptocurrency exchange that has been operating since 2011. It is well-liked due to its high-security measures, support for various cryptocurrencies, and advanced trading features. The exchange is licensed in the U.S. and Europe a...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
On March 1,âArkham Exchange launched spot crypto trading across 17 U.S. states.
The move is intended to confront the dominance ofâCrypto.com and Coinbaseâin the U.S. market.
The ARKM showsâsome volatility, increasing with the announce...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Bybit launches a $140 million recovery bounty program to track down perpetrators of a $1.4 billion Ethereum heist.
There is a bounty program that rewards ethical cybersecurity expertsâwith up to 10% of the recovered funds.
Theâexchang...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
The blockchain gaming space is currently suffering from unprecedentedâlack of new investment, preventing it from growing.
Unsustainable user acquisition and artificial playerâengagement from “play-to-airdrop” models.
The l...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
TheâSEC has ended its investigation into OpenSea, a popular NFT marketplace.
Industry figures are seeing the SECâs move as a potential catalyst for the NFT market toâgrow and innovate.
The ruling follows the dismissal of a lawsuit aga...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Initial investor interest in new crypto index ETFs has been significantly lower compared to spot Bitcoin ETFs.
The limited scope of assets (currently only Bitcoin and Ether) is hindering diversification and overall appeal.
Future regu...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
February 2025 sawâone of the largest hacks in crypto history, a $1.4 billion hack against Bybit.
On-chain sleuth ZachXBT names North KoreaâsâLazarus Group among the likely perpetrators.
Crypto community rallies with support, security...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Investors are shifting focus as altcoin trading volume isâmuch higher than Bitcoin’s.
Stablecoins are now the primary driver of altcoin interest, rather than direct rotation from Bitcoin.
This alt season is highly selective, req...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Pascal hard fork is hereâto implement native smart contract wallets on the BNB Chain, and allows for batch transactions.
This upgrade enhances the user experience via lower fees andâgreater efficiency.
This hardâfork coincides with Et...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Bybit confirmed a $1.4 billion loss in ETH due to a sophisticated hack targeting a cold wallet.
The attackers then injected malicious code into the wallet’s smart contract through a “masked” transaction to deceive By...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Pending final approval, the SEC has agreed to dismiss its lawsuit againstâCoinbase.
This is indicative of aâpotential change in the US toward a more crypto-friendly regulation.
Coinbase CEO Brian Armstrong heralds this as a boon for t...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Token Launch Fatigue: The initial surge in Solana-based meme coin launches is showing signs of slowing down.
Scams Cast a Shadow: High-profile scandals ofâmeme coins dent investor confidence.
Regulation on the Horizon: The SEC is also...
Cryptocoins News / CryptoNinjas - 2 months ago
Litecoin Booms: 243%âJump in Transactions as ETF Rumors Swirl
Key Takeaways:
Anticipation of spot ETFs has led to a surgeâin Litecoinâs daily transaction volume
Since the beginning of October, LTC’s market cap has beenârising much faster than...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Major ETF Outflows: Bitcoin ETFs faced $364.8M in withdrawals and EthereumâETFs lost $13.1M on February 20.
Market Impact: BTC and ETH prices may face downward pressure due to increased supply and selling activity in the near term.
In...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Utahâs bill moves the state one step closer to allowing it to hold Bitcoinâas a reserve asset.
The only assetâthat currently meets the billâs caps on market cap is Bitcoin.
Utah wouldâbe the only state in the U.S. with an official Bit...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
The Ethereum Foundation is looking to hire a social media manager to get itsâvoice out on the slew of major platforms.
The intent behindâthe role is to drive better sentiment around Ethereum by sharing noteworthy updates and engaging...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
ECB accelerates work on an interbank settlementâsystem for a wholesale CBDC
The push for a digital euro is being drivenâby growing market demand and competition posed by stablecoins.
The prospects ofâCBDC continue to be shadowed by pr...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
How do you sell Pi asâusers face multiple roadblocks?
Pi cannot be accessed globally; thus, it cannot realizeâits value yet, making sales limited;
So, tread carefully around projects with high upside and little work to be done whenâit...
Cryptocoins News / CryptoNinjas - 2 months ago
Binance is the most popular cryptocurrency exchange and the largest by trading volume and has served millions of users.Whether you are new to cryptocurrency trading or familiar with other exchanges, the Binance trading platform can be a great place t...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
YLDS being the firstâSEC-approved yield-bearing stablecoin provides a stable yield of 3.85% APR.
YLDS holders can also earn interest on their holdings, with monthly payouts in either USD or YLDS.
This approval from the SEC reflects it...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Inâ2024, pig butchering scams led to $5.5B in crypto losses, exceeding hacks.
These scams threatenâretail investors and platforms the most.
Investors require protection tactics, and combating scammers requires increased vigilance and...
Cryptocoins News / CryptoNinjas - 2 months ago
The broader crypto market had a rough past month, with the leading five cryptocurrencies facing losses of 5-26% since late January. The meme coin sector, despite showing signs of recovery over the past 24 hours, dropped from $109 billion in January t...
Cryptocoins News / CryptoNinjas - 2 months ago
The broader crypto market has steadily risen over the past 24 hours, adding $100 billion to its market cap to reach $3.2 trillion. Bitcoin (BTC), which has faced resistance at the $96,000 level for the past three days, is now trading at $97,203.
Out...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
In 2024, the UAE recorded 15 million downloads for crypto apps, a 41% increase over 2023.
This growth is being attributed to political shifts in favor of crypto and aggressive marketing campaigns.
Retaining users is another hurdle tha...
Cryptocoins News / CryptoNinjas - 2 months ago
Key Takeaways:
Brazilâapproves the first XRP spot ETF in the world, an important achievement for the cryptocurrency.
XRP Ledger: Brazilian Bank toâIssue Brazilian Real-Pegged Stablecoin
These developments underscoreâBrazil’s ascendance as a cr...