News
Welcome to the Shark Tank, where we bring you the latest crypto news from around the world. Our team of expert analysts are constantly prowling the depths of the cryptocurrency ocean to uncover the most promising opportunities and the biggest threats facing investors.
1,500 Addresses Consolidate $3.3 Million into Two Wallets during Arbitrum Airdrop
The excitement around the Arbitrum (ARB) airdrop has resulted in some surprising on-chain activity, with two “super airdrop hunters” consolidating...
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Kraken Disables ACH Silvergate Withdrawals and Plaid Deposits
Kraken, a major cryptocurrency exchange, has informed its users that it will no longer be able to support automated clearing...
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Trading Platform eToro Secures $250M Funding Following Termination of SPAC Merger
Israeli trading platform eToro has raised $250m in funding at a $3.5bn valuation, marking its first capital raise since 2018....
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Potential Securities Law Violations” Could Lead to SEC Enforcement Action Against Coinbase
Coinbase, a crypto exchange, has recently received a Wells notice from the United States Securities and Exchange Commission (SEC), stating...
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Deposits Transformed into Internet Money as Bank Runs Accelerate Rapidly
In recent times, the world of finance has witnessed some unprecedented events that have challenged traditional banking models. From the...
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Federal Reserve and Powell’s Focus on Inflation Keeps Bitcoin Below $27K
On March 23, 2023, the U.S. Federal Open Market Committee (FOMC) announced its widely expected decision to raise the interest...
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Nigeria experiences a surge in CBDC adoption amidst a shortage of fiat currency
Nigeria is experiencing a severe cash shortage due to the Central Bank's decision to replace older bank notes with larger...
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Bitzlato, the seized cryptocurrency exchange, enables users to withdraw 50% of their Bitcoin assets.
Bitzlato, the Russia-linked cryptocurrency exchange that was officially seized by European authorities, has announced that it has partially restored access...
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Mastercard Partners with Stables to Facilitate Stablecoin Wallet Transactions in the APAC Region
Mastercard has teamed up with Australian stablecoin platform Stables to enable retail customers in the Asia-Pacific (APAC) region to use...
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Hold On Tight! Bitcoin Proven Profitable in 88.5% of Trading Days
According to historical price performance data, holding Bitcoin for the long term has proven to be a profitable endeavor, with...
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