Citadel-backed Hidden Road halts ByBit access for clients

The cryptocurrency market experienced a dull month with Bitcoin (BTC) dropping 7.37%, its worst performance since November 2022 and Ethereum (ETH) losing 0.22% in May. The average loss across the market stands at 5.62% on the last day before the monthly close. However, some outliers posted impressive gains thanks to popular investment narratives and the growth…

Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the first wave of crypto assets — of which Bitcoin is the most popular — is failing as a reliable means of payment or store of value…

Another remnant of 2017 gets hit by regulation. Unikrn, an initial coin offering, or ICO, from 2017, faces action from the U.S. Securities and Exchange Commision, or SEC. The SEC has accused the startup of running its ICO without going through the proper legal channels, based on a Sept. 15 statement from the regulating body. The commission…

A gang of four robbers has reportedly stolen about $450,000 from a crypto trader in Hong Kong. 1920 Total views 7 Total shares Robbers posing as cryptocurrency buyers have stolen about 3.5 million Hong Kong dollars ($450,000) from a woman in Hong Kong.According to a report by the South China Morning Post on Tuesday, the…

Bitcoin’s birth and price surges have been marked by inflationary moves by the U.S. central bank, and 2020 should thus follow, PlanB argues. 937 Total views 20 Total shares Bitcoin (BTC) price bull markets coincide with one specific macroeconomic trend — and the next may now be around the corner.In a Twitter debate on April…

The Verkhovna Rada, the parliament of Ukraine, has proposed a bill that, once passed into law, would tax operations with crypto assets, according to a draft law published September 14.The tax bill, which was initiated by 23 government officials, suggests a five percent tax on individuals and legal entities operating with virtual currency assets, such…

Gemini Staking Pro allows institutions in the U.K. to become Ethereum validators by locking up at least 32 ETH, worth about $60,000 at the time of writing. Winklevoss twins’ cryptocurrency exchange Gemini continues to actively expand its services across the world, debuting Ethereum staking in the United Kingdom.On June 23, Gemini officially announced the expansion…

Bitcoin (BTC) institutional trading platform Bakkt has set another giant new record for its futures contracts, topping 5,600 BTC on the day.As the company confirmed on Twitter, Nov. 27 saw a fresh all-time volume high for Bakkt’s monthly Bitcoin futures. During the session, Bakkt reported 4,443 BTC traded — over 60% higher than its previous…

The Democratic presidential candidate has been largely silent on digital assets since launching her campaign on July 21.