Crypto exchange Kraken’s revenue doubled in 2024 to $1.5 billion
According to Kraken’s 2024 figures, the exchange averages more than $2,000 in revenue per customer and holds $42.8 billion in assets.
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Traders target $1,400 Ethereum price after ETH drops closer to a critical support level
Ethereum’s Ropsten testnet successfully integrated the merge to become proof-of-stake, but this hasn’t stopped traders from adjusting their downside price targets. 1221 Total views 6 Total shares On June 8 the Ethereum network successfully underwent the merge to become proof-of-stake on its Ropsten testnet, but the news had little impact on ETH price. With the Ropsten upgrade now looking more…

Proof of funds technology seeks to replace exchanges’ reserves reports
Data lake provider TRES is introducing a new mechanism to track exchange and custodian reserves, joining Chainlink and other solutions catering to institutional demand.

Will Blockchain Technology Be Used to Build Evil Social Credit Systems?
As much as I believe that blockchain technology has the potential to solve many of the problems humanity faces today, I also fear what can happen if blockchain technology is used to take away the privacy and rights of individuals.Do you want to live in a world where every purchase you make and every interaction…

Google Removes 49 Phishing Extensions That Steal Cryptocurrency Data
Google recently removed 49 phishing Google Chrome web browser extensions after receiving reports about their activity.Harry Denley, director of security at cryptocurrency wallet startup MyCrypto, explained in an April 14 Medium post how he got the extensions removed from Chrome’s store within 24 hours with the help of phishing-specialized cybersecurity firm PhishFort. The removed extensions include…

Bitcoin sees its highest ever daily close as BTC/Euro pair hits all-time highs
Bitcoin seals new all-time highs against multiple major fiat currencies, but overall mainstream interest from consumers is still at rock bottom. 2227 Total views 40 Total shares Bitcoin (BTC) failed to beat its all-time highs on Oct. 20, but a separate record kept bulls confident of a breakout.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBitcoin hits…

Bitcoin mining difficulty just fell by a record 28% — But will this help BTC price recover?
Bitcoin (BTC) has recorded its biggest mining difficulty drop of nearly 28% on July 3, but one model suggests that the BTC price will not bottom until October.In a series of tweets on July 2, investment manager Timothy Peterson flagged the relationship between Bitcoin price and hash rate as arguable evidence that the dip is…

US officials announce $4.3B settlement with Binance, plea deal with CZ
Officials with the U.S. Justice Department, Treasury, and CFTC alleged Binance “lacked basic safeguards” to protect against sanctions and Changpeng Zhao committed criminal acts. 739 Total views 3 Total shares Officials with the United States Department of Justice announced that Binance CEO Changpeng “CZ” Zhao will plead guilty to one felony charge as part of

Wife of Hal Finney announces Bitcoin charity event
She said that the event seeks to raise funds to provide assistance for victims of ALS. 534 Total views 14 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTFran Finney, the wife of crypto pioneer Hal Finney, has announced a charity event to benefit victims of amyotrophic lateral sclerosis (ALS). Discussing the event…