Ethereum options data highlights bears’ plan to keep ETH price under $3.6K
$4 billion worth of Ethereum options are set to expire on June 28, with the balance of forces centered around $3,500.
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Ho-ho-hodl: Crypto-themed gifts that have you covered during the Holidays
Tis’ the season of giving and with Christmas right around the corner, it’s time to get the holiday shopping out of the way. With the digital asset market having matured as much as it has, there are now crypto enthusiasts in virtually every family and friend circle across the globe. In this festive piece, we’ve…

Kucoin agrees to ban New York residents and pay $22 million in settlement
Kucoin users from New York will lose the ability to trade within 30 days and will have their accounts closed within 120 days. 187 Total views 3 Total shares Crypto exchange Kucoin has agreed to pay $22 million to the State of New York and to bar residents of the state from using its platform

Balancer Votes for Centralized Quick Fix to Stop Users Gaming System
Following the meteoric launch of Balancer Labs’ governance token, the decentralized finance (DeFi) protocol has quickly implemented changes to limit large players from exploiting the platform to mine BAL tokens, rather than for crypto asset trading.With $3 million worth of tokens airdropped to users storing assets in Balancer pools, the protocol incentivized storing assets in…

IRS calls for public feedback on taxing NFTs as collectibles
Those wishing to offer feedback to the IRS on having NFTs treated as collectibles, such as coins or works of art, have until June 19 to submit comments. 359 Total views 9 Total shares Own this piece of history Collect this article as an NFTThe United States Internal Revenue Service said it plans to release…

The metaverse puts the digital asset interoperability challenge on steroids
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century.In the year 2022, we no longer need to ponder how many stars there are in the sky — Yale astronomer…

Watch Out for This Cryptojacking Botnet That Steals Data From Its Victims
Cisco Systems says a new botnet mines Monero and steals data from the victims. 1511 Total views 3 Total shares The threat intelligence team at Cisco Systems discovered a new cryptojacking botnet named “Prometei.” This botnet both mines Monero (XMR) and steals data from the targeted system.According to the paper sent to Cointelegraph, the botnet…

CipherTrace Detects Major Uptick in Cross-Border Payments to Offshore Crypto Exchanges
Disclaimer: A CipherTrace spokesperson informed Cointelegraph that these numbers are subject to change as new information becomes availableThere has been a 47% increase in the number of cross-border payments from United States crypto exchanges to offshore exchanges since early 2017, posing an ostensible quandary for regulators. The data was reported in the latest cryptocurrency AML…

MicroStrategy kicks off 2025 with 1K Bitcoin purchase announcement
MicroStrategy has kicked off 2025 by announcing a fresh BTC purchase made in the last two days of 2024.