South China Morning Post files a police complaint over a fraudulent news website. Fake news claims Li Ka-shing endorsed cryptocurrency auto-trading during a TVB interview. Media organizations warn readers to verify information and use official channels only. The South China Morning Post (SCMP) has filed a police report after finding a fraudulent website impersonating its … Read more
On April 18th, COINOTAG News reported significant developments from Lista DAO, as its lending product, Lista Lending, introduced slisBNB and ETH as new collateral assets for its USD1 and BNB Vaults. This strategic move marks a pivotal moment for the USD1 vault, which is linked to the WLFI project’s USD1 stablecoin and is now operational … Read more
Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts. On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of 250 US-based manufacturers — reported the sharpest declines in overall business activity since 2020. … Read more
According to onchain analytics from Arkham Intelligence, in the past 27 days, North Korea’s hacking arm Lazarus Group, has orchestrated the transfer of 3,932 BTC, valued at $331.99 million. Even after dispatching such a considerable portion, the remaining cache still cements North Korea’s standing as the third-largest nation-state bitcoin holder. Lazarus Group’s 27-Day Exodus Over … Read more
The push for collaboration between Ripple and SWIFT has been discounted by market analysts. Arguments back the potential for Ripple’s solution to displace SWIFT in the future. Rumors and speculations about a potential partnership between Ripple Labs and SWIFT have spread widely within the community. Shedding light on the situation, market expert and trader Arthur … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a Thursday announcement, the Panama City Council has officially unveiled that is has approved the acceptance of Bitcoin (BTC) and other digital assets for municipal services including tax, fees and permits. Panama City Council Votes To Embrace Bitcoin And Crypto Mayor … Read more
Due to a concerning trend found in data from its on-chain activity, XRP is currently at a pivotal point in both its technical and fundamental development. Six of the eight key performance indicators on XRP Ledger are trending lower, according to an analysis of the metrics, which could indicate a drop in investor activity and … Read more
On April 18th, Synthetix revealed an urgent response to the ongoing “sUSD Stablecoin Off-Peg” dilemma. The initiative, dubbed the USD 420 Pool, is set to roll out in 36 hours, aiming to boost liquidity and restore peg stability. Participants who provide sUSD into this pool will earn a portion of a 5 million SNX rewards … Read more
The decentralized exchange Kiloex, which was recently hacked, announced that all stolen funds have been recovered. The company stated that it is now working with legal authorities and experts to officially close the case. Since all funds have been returned, there are no remaining victims, fulfilling Kiloex’s promise of a fair and transparent resolution. The … Read more
Bitcoin’s (BTC) richest traders and investors are increasingly bullish on BTC despite facing downside risks from unfavorable macroeconomic factors, the latest onchain data suggests. Bitcoin whales absorbing 300% of new supply Bitcoin whales and sharks are now absorbing BTC at record rates—over 300% of yearly issuance—while exchanges are losing coins at a historic pace, according … Read more