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The recent donation from Coinbase, the largest U.S. crypto exchange, to the construction of the White House ballroom pushed by President Trump, has awakened concerns from Senator Chris Murphy, who alleges the involvement of the company is part of a “corruption factory.” Senator States Coinbase’s Donation to White House Ballroom Are Part of Trump’s ‘Corruption … Read more
Changpeng Zhao (CZ) sparked outrage among Nigerians and Web3 influencers after commenting that the Nigerian government had “kidnapped” former Binance employee Tigran Gambaryan. U.S. Threats Remarks by Binance co-founder and former CEO Changpeng Zhao (CZ), suggesting that Nigeria “kidnapped” and jailed former employee Tigran Gambaryan for eight months without cause, have sparked outrage among Nigerians. … Read more
James Wynn has warned of a highly volatile first week of November, predicting sharp declines in both stocks and cryptocurrencies. James Wynn Issues ‘Max Pain’ Warning High-risk crypto trader James Wynn has issued a stark warning, predicting that stocks and cryptocurrencies are heading into their most turbulent week yet. Wynn—who previously lost tens of millions … Read more
Currenc Group Inc. and Animoca Brands Corporation Limited have inked a non-binding term sheet for a reverse merger that could create the world’s first publicly listed digital asset conglomerate. Currenc Group, Animoca Brands Eye First Publicly Listed Digital Asset Conglomerate On Nov. 3, Currenc Group (Nasdaq: CURR) revealed plans to acquire all issued shares of … Read more
Lava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking an expansion in the crypto-collateralized lending space. Lava Secures $200M to Advance Bitcoin Lending CEO Shehzan Maredia announced the move on X, calling it “the biggest day in … Read more
On Monday, onchain analyst Emmett Gallic spotted a heavyweight bitcoin whale making waves after dropping 2,300 BTC into a Paxos-tagged deposit address. Despite that hefty move, the whale is still swimming in deep crypto waters—holding 32,490.38 BTC worth a cool $3.44 billion. Analyst Emmett Gallic Flags $245M Bitcoin Move From Long-Inactive Whale Bitcoin’s price has … Read more
On Nov. 3, Balancer was exploited for over $116 million after attackers used a smart contract vulnerability to manipulate vault calls during pool initialization. Balancer Confirms Incident The decentralized finance (DeFi) platform Balancer has suffered a major exploit, resulting in the theft of over $116 million in digital assets. Preliminary investigations revealed that attackers exploited … Read more
This week, Changpeng Zhao — better known as CZ — casually dropped that he grabbed some aster (ASTER) on Sunday, reminding everyone he’s not in it for the quick flips. He’s the “buy and hold” type. CZ Revisits His BNB Roots, Adds ASTER to His Personal Holdings When CZ talks, crypto listens. The former Binance … Read more
Jordi Visser, financial analyst and former president of Weiss Multi-Strategy Advisers, explained bitcoin’s price movement, saying it has entered a distribution phase after a silent IPO as initial investors sell part of their gains and a new guard takes the torch. Bitcoin Going Sideways Explained: A Silent IPO and the Changing of the Guard The … Read more
While Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the Bank of Russia, stated that cryptocurrencies cannot be used for settlements within the country. Bank of Russia Rejects Crypto Usage for Internal Payments The Facts The Bank of … Read more