Author: Crypto News

The number of large transactions around some of the leading cryptocurrencies significantly increased as the market witnessed a notable correction. According to data provided by IntoTheBlock, Bitcoin (BTC) leads the chart with a large transaction volume of $43.63 billion on Oct. 21. The leading crypto asset declined 2.2% and is trading at $67,500 at the time of writing. Leading assets’ whale activity – Oct. 22 | Source: IntoTheBlock However, addresses holding Bitcoin for over a year increased their balance by 0.05%, reaching $856.23 billion, despite the price drop. Toncoin (TON) saw a 93% surge in its whale transactions yesterday, reaching…

Australia’s securities watchdog has charged the former CEO of defunct crypto exchange Mine Digital for defrauding an investor of $1.47 million. The Australian Securities and Investments Commission has charged Grant Colthup with one count of fraud after a customer of Mine Digital did not receive the Bitcoin they paid 2.2 million Australian dollars (roughly $1.47 million) for in July 2022. Mine Digital operated as a cryptocurrency exchange under ACCE Australia Pty Ltd, offering trading services between May 2019 and September 2022. The platform collapsed in September 2022, and creditors have been pushing for $16 million in claims since then. In…

Andrew Tate’s response to Coffeezilla shows he’s thin-skinned and doesn’t care about the people who have invested in his tokens. On-chain sleuth Coffeezilla has become a thorn in the side of high-profile influencers shilling coins to their millions of fans. One of his best-known scalps is Logan Paul, who was ripped to shreds over his embattled and now-abandoned project CryptoZoo.  Coffeezilla’s also gone toe-to-toe with the likes of Sam Bankman-Fried as he vies to uncover scams to his 3.77 million subscribers on YouTube. But now, the investigator is facing an almighty backlash about a deep dive that hasn’t even been…

Launched back in April 2023, Pepe took only a short time to become one of the most popular meme coins in the world of crypto and one of the top ones alongside the likes of Doge, Shib, and others. At the time of writing, Pepe sits at the 30th rank among thousands of cryptocurrencies in terms of market capitalization.  However, additional info is needed for any investor to make an informed buying or selling decision. Meme coins have different supply dynamics that include token burns, which can impact price trends and also the future of the meme coin. In this…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A trader turned $727 into $2.42 million in four days and now plans to invest in the promising DeFi coin FXGuys. According to Lookonchain, a trader invested $727 and gained $2.42 million in just four days. This trader is on the move now and is about to invest his GOAT gains on this new DeFi coin, FX Guys (FXG). The meme coin sector has been quite the sensation in the past year, from BONK and Dogwifhat (WIF) surge to the top meme coins on…

Trust Wallet temporarily suspended Transak’s fiat-to-crypto payment service after the Miami-based firm suffered a data breach. According to Transak’s official statement, hackers gained compromised credentials through “unauthorized access” to a third-party employee’s laptop. The sophisticated phishing tactic used against a Transak KYC vendor allowed criminals to obtain personal data like names belonging to over 92,554 users. Due to the recent security incident with @Transak, we’ve taken precaution and temporarily removed their onramp service from Trust Wallet for your protection. Rest assured, user’s funds remain safe as no sensitive wallet information is exposed to any of our onramp providers. Stay… https://t.co/xRB1ZB1Dtt—…

Ripple’s chief legal officer, Stuart Alderoty, confirmed that the U.S. Securities and Exchange Commission has not appealed the court’s ruling that XRP is not a security. The lawyer’s comment was in response to the news that the SEC filed a Form C civil appeal. Ripple attorney James K. Filan confirmed that the SEC did indeed file documents with the Court of Appeals. No surprises here — once again it’s been made clear. The Court’s ruling that “XRP is not a security” is NOT being appealed. That decision stands as the law of the land.Stay tuned for Ripple’s Form C to…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme tokens can turn small investments into fortunes. Here are three coins poised for rapid growth. Turning a modest investment into a fortune sounds like a dream, but some meme tokens are making it possible. Discover how three digital coins are poised for explosive growth, capturing the attention of investors everywhere. This article reveals which tokens could transform a small stake into a significant sum. DOGEN: The first meme token for alpha males who demand the best Unleash inner…

The Open Network blockchain has recorded a significant decline in daily active users, according to on-chain data from IntoTheBlock. According to a chart shared on X by the on-chain metrics and analytics provider, the TON network has seen its daily active users drop sharply in recent weeks. Meanwhile, Toncoin, the native token of the Telegram-supported decentralized layer-1 blockchain, has struggled for upward momentum during this period. TON’s daily active users drops A report DappRadar showed that TON’s active daily users surged in early September as the crypto gaming space saw a rise in activity. For TON, the blockchain gaming metric…