Category: Crypto News

Coinbase, world’s number one cryptocurrency exchange has announced it would be delisting the WBTC token that is pegged to Bitcoin’s price. 

Coinbase says that banks have been advised by FDIC to not provide services to cryptocurrency users. Clearly, the banks are scared of Coinbase, most specifically anyone who provides fiat to cryptocurrency gateways and vice-versa. 

Around 20 million dollars worth of crypto compromising of Ethereum, USDC, USDT and aUSDC has moved from an address that belongs to US government to hacker’s address.

SHAR developers launched their token on Solana, and within a few hours, someone who later came out to the team behind SHAR, dropped the price by 90 percent. They did this by dumping more than 50 percent of total token supply. 

Peter Brandt is a well known trader that has pretty strong views about bitcoin and other cryptocurrencies. Yesterday, he posted a tweet on X suggesting that most of the gains in bitcoin cycle come post halving. 

The Ethereum Foundation, which overlooks the development of the Ethereum project, has sold some more ETH for DAI. The foundation sent more than 1000 ETH to a multi-signature wallet a few hours ago.

What is a crypto coach? Well, that is a fancy new term for a crypto scammers, if you ask the X users. Pavel Durov, CEO of Telegram was being accompanied by Yulia Vavilova, a crypto coach. 

Telegram CEO, Pavel Durov was arrested yesterday in France and as a result, the TON token is down quite a lot, more than 15 percent at time of writing. 

The founder of OmegaPro crypto project, who ran a ponzi scheme that scammed its investors for $4-billion dollars, has been arrested in Turkey.

A whopping 275,000 traders have lost more than $1 billion in total over the last 24-hours. Leverage trading is a dangerous game and we always warn people against using leverage.