Upbit, South Korea’s leading cryptocurrency exchange, has suspended deposits for Solve.Care (SOLVE) due to transparency concerns and potential investor risks, designating it as a cautionary item for a two-week review period.
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Category: Cryptocurrencies
Increasing Bitcoin Hashrate Indicates Confidence in BTC Value
Bitcoin’s rising hashrate showcases expanding miner activity, improved technology, and growing institutional interest. With insights from CleanSpark, Riot, and experts, explore how profitability and transparency in the mining industry are shaping the future of Bitcoin’s network security and adoption.
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Senate to Form Crypto Oversight Subcommittee with Sen. Lummis as Chair: Report
The Senate Banking Committee plans to launch a digital assets subcommittee, as the new Republican majority sets the stage for crypto-friendly legislation.
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US Financial Advisers Show Increased Crypto Interest Post Trump’s Election Win: Bitwise Survey
A recent survey by Bitwise reveals a surge in crypto interest among U.S.-based financial advisers following Donald Trump’s presidential election victory.
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Gemini Forms Senior Management Team in Europe to Foster Expansion
Gemini has appointed former Kraken CEO Mark Jennings to head the exchange’s European unit.
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Block Poised to Be First S&P 500 Company with Explicit Bitcoin Strategy: VanEck’s Matthew Sigel
Block Inc., a financial services and digital payments company, could become the first S&P 500-listed firm with an explicit Bitcoin strategy.
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Crypto Advisory Council Set to Potentially Include About 24 Industry Leaders
President-elect Donald Trump’s incoming administration plans to appoint about 24 CEOs and founders to his crypto advisory council.
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Scammers Steal $2.2M Worth Crypto From New York Residents in Promise of Remote Jobs
The scammers sent text messages claiming to help find remote jobs, asking job-seekers to deposit dollars into crypto accounts.
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AI Trading Bot AlgosOne Claims 80% Success Rate in Bitcoin Trades
AI-powered trading platform AlgosOne has claimed that its trading bot boasts a reported success rate of over 80% on Bitcoin trades.
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Crypto Hacks and Scams Cost the Industry over $3 Billion in 2024: Report
According to PeckShieldAlert, a blockchain security platform, the crypto industry suffered significant losses in 2024, with hacks and scams totaling $3.01 billion, marking a 15% increase from the $2.61 billion lost in 2023, highlighting a concerning rise in cybercrime targeting digital assets.
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