Crypto Biz: Massive inflows to exchanges amid market turbulence

Select altcoins continue to hit new yearly highs, while a bull flag on Bitcoin suggests traders are preparing for a run at $50,000. 81 Total views 4 Total shares Growing institutional interest in Bitcoin (BTC) helped elevate the top cryptocurrency to a new record high on Feb. 9 and led to a total market cap…

“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department. 216 Total views 50 Total shares The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi scheme BitConnect.In a Nov. 16…

Mining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years. 761 Total views 23 Total shares Own this piece of history Collect this article as an NFTA solo Bitcoin miner has managed to mine the 780,112th block…

The Massive Adoption Crypto Festival is the target of a class-action lawsuit demanding compensation for damages following its cancellation in January. Securities fraud and investment loss attorney David Silver has filed a class-action lawsuit on behalf of attendees against the organizer of the cancelled Massive Adoption crypto conference.According to the initial complaint filed on May…

In addition to eco-friendly components, the IMF recommended central banks to include other features in the CBDCs, such as compliance, higher resilience and offline capabilities. 134 Total views 4 Total shares An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to build an environmentally friendly…

Coinbase (COIN) listing on Nasdaq could eventually boost cryptocurrency adoption and attract droves of institutional investors. However, that is unlikely to happen immediately. In the first few days after the listing, volatility could be high as Wall Street tries to value Coinbase. This could also increase the volatility in cryptocurrencies. Sharp movements in the price of Bitcoin…

Cryptocurrency exchange OKX announced a new integration aimed to help users monitor market volatility in real-time via advanced AI algorithms. 642 Total views 2 Total shares Own this piece of history Collect this article as an NFTAfter the latest update of the infamous artificial intelligence (AI) chatbot ChatGPT-4, the technology has been a buzzword inside…

The capital city of the country of Georgia boasts a small but vibrant crypto community that aims to put the country on the map.