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Latest Crypto News

Bitcoin Transactions Hit All-Time High, Driven by New Token Protocol

Bitcoin (BTC) transactions surged to a record high of over 926,000 on April 23, surpassing the previous record of 731,000 set in December 2023. This surge coincides with the recent…

Bitcoin Maximalism Expected to Gain Momentum, Says Former Coinbase CTO

Balaji Srinivasan, renowned venture investor and former Chief Technology Officer (CTO) of Coinbase, has forecasted a surge in Bitcoin Maximalism, asserting its ascendancy as both a philosophical stance and an…
Perpetual Futures Trading

Perpetual Futures Crypto: Everything from What They Are to Benefits and Risks (2024)

The world of cryptocurrency trading offers a vast array of options, and futures contracts are a popular way to speculate on price movements.  But within the realm of futures contracts, a…

Venezuela Turns To Tether As Oil Sanctions Return

Venezuela's state-owned oil company PDVSA is set to ramp up the use of digital currencies in its crude and fuel exports as the United States reinstates oil sanctions on the…

PayPal Allows PYUSD’s Conversion to USD for Fee-Free Cross-Border Money Transfers for US Users

Stablecoin PayPal USD (PYUSD), launched in August 2023, can be used for global money transfers by U.S. users without paying any transaction fees. In a statement, PayPal's money transfer vertical…
Bitcoin halving

How Much Will Bitcoin’s Price Go Up After This Month’s Halving?

The $1 trillion question: what will happen to Bitcoin’s price after halving? If history is our guide, not much. What did Bitcoin’s price do after the three previous halving events? In 2012, bitcoin’s…

Galaxy Digital Initiates $100 Million Venture Fund Raise, Eyes External Backing

The venture fund arm of Michael Novogratz's Galaxy Digital plans to raise $100 million in new venture funds. This initiative follows the firm's recent positive financial performance and an uptick…
bitcoin as investment

Crypto VC Fund Aims for Record Post-Crash Haul

Paradigm, a venture capital firm focused on crypto, is reportedly in talks to raise a staggering $750 million to $850 million from investors, according to Bloomberg. This would be their…

Tether’s Aggressive Bitcoin Accumulation and Growing Influence

Tether, the issuer of the world's largest stablecoin USDT, has been making waves in the Bitcoin market with its recent acquisition of 8,888 bitcoins. This significant purchase brings Tether's total…
Nigeria bitcoin adoption

Binance Executive Sues Nigerian Government for Alleged Human Rights Violations

In a lawsuit filed with the Federal High Court in Abuja, Tigran Gambaryan, Head of Financial Crime Compliance for cryptocurrency exchange Binance, is suing the Nigerian government for violating his…

FTX Founder Sam Bankman-Fried Receives 25-Year Sentence for Cryptocurrency Fraud Debacle

Sam Bankman-Fried, the once-celebrated founder of FTX, a leading cryptocurrency exchange, was sentenced to 25 years in prison today. The sentencing, which took place in a Manhattan court, marks a…
crypto crime

Munchables Developer Returns $62.8 Million in Stolen Ether

The hacker who stole $62.8 million worth of Ether from the Ethereum-based NFT game Munchables has returned the stolen funds. The incident unfolded over an eight-hour period on March 26,…
gold

South American Gold Miner Nilam Resources to Invest $1.7 Billion in Bitcoin

Signalling further integration of cryptocurrencies into traditional investment portfolios, South American gold mining company Nilam Resources (NILA) intends to allocate $1.7 billion to purchase 24,800 Bitcoin (BTC). This ambitious initiative will…
Binance US

Binance Executive Escapes Nigerian Custody Amid New Tax Charges

In a dramatic turn of events, one of the two Binance executives detained in Nigeria has reportedly escaped custody, coinciding with the Nigerian government's announcement of new tax evasion charges…

Montenegro’s Supreme Court Halts Do Kwon’s Extradition to South Korea

The extradition of Terra founder Do Kwon from Montenegro to South Korea has been temporarily suspended by Montenegro's Supreme Court. The decision, issued on Friday, overturns previous rulings from lower…

Sam Bankman-Fried’s Lawyers Mount Defense Against Prosecutors’ Sentence Proposal

Sam Bankman-Fried's legal team has pushed back the government's recommendation of a 40-to-50-year prison sentence, calling it "disturbing" and a "medieval view of punishment." Last week, US prosecutors recommended a staggering…

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© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us