“A Red Notice is a request to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action,” according to the Interpol website. “The individuals are wanted by the requesting member country, or international tribunal,” the site added. Source
On Apr. 3, blockchain technology platform Bakkt announced that it completed its acquisition of Apex Crypto LLC. Previously, in November 2022, Bakkt stated it would pay $55 million in cash and stock, worth an estimated $145 million at the time, for the deal. Launched in 2019, Apex Crypto is an integrated trading platform that handles execution, clearing, custody, cost basis, and tax services for its 30 clients. The firm has facilitated $12.5 billion in digital assets trades since inception. Gavin Michael, CEO of Bakkt, commented on the completion: “This acquisition marks…
On Monday, Twitter users noticed that the traditional blue bird logo had been replaced by a cartoon picture of Doge. Meanwhile, the leading meme coin cryptocurrency, Dogecoin, jumped 23% higher against the U.S. dollar after the logo change. Twitter Bird Logo Changes to Doge Twitter has updated its logo, replacing it with a picture of the famous Shiba Inu Doge. It is uncertain how long the Doge logo will last, but it has become a topic of conversation on Twitter since people noticed the change. “Does anyone else see Doge…
Cryptocurrency markets have been trading within an unusually tight 5% range since March 17 as conflicting forces continue to pressure the sector. Consequently, in the past 7 days, the total market capitalization gained 3.8%, which was driven mainly by Bitcoin’s (BTC) 3.6% price increase and Ether’s (ETH) 5% gain. Total crypto market cap in USD, 12-hour. Source: TradingView On March 27, the Commodity Futures Trading Commission sued Binance and Changpeng “CZ” Zhao for allegedly violating trading and derivatives rules, heightening regulatory uncertainty. According to the lawsuit, Binance provided access to…
tk Source
IG Group, a London-headquartered spread betting and CFD trading provider, has entered into an agreement to acquire futures exchange, Small Exchange, from Foris DAX Markets, the parent company of Crypto.com. The deal comes a year after the holding group completed the sale of its 39% stake in the Chicago-based exchange. In December 2021, IG Group agreed to sell its subsidiary North American Derivatives Exchange (NADEX) as well as Small Exchange, noting that the deal “delivers a significant return” on the previous investments made in these entities and “enables additional investment…
Macroeconomic headwinds continue to pressure the crypto market, but bulls appear steadfast on holding $28,000 for support and this could provide tailwinds for altcoins. Bitcoin’s (BTC) price initially dipped, but then recovered on April 3. The volatility happened after several OPEC+ members announced plans to cut oil production totaling 1.65 million barrels per day until the end of the year. Some analysts expect this move to tighten supply, resulting in higher prices at the pump. That may in turn boost inflation, warranting a continued hawkish stance from central banks. Initially,…
Decentralized wallet KuCoin Wallet announced on Apr. 3 that it has rebranded as Halo Wallet and launched a new SocialFi ecosystem. According to the announcement, the newly independent Halo Wallet received a fresh round of financing from several investors, including KuCoin Ventures, IDG, HashKey Capital, and other Web3 strategic partners. 1/ We’re thrilled to announce that #KuCoinWallet has officially rebranded to Halo Wallet! With a brand new name, new logo, new UI, new roadmap, #HaloWallet is ready to innovate the next stage of #Web3 social #crypto wallet! Learn more⬇️https://t.co/GoYVvKdYoi — Halo…
On-chain analytics firm Glassnode’s data reveals that bitcoin investors have recently been aggressively accumulating the cryptocurrency, a trend that may help prolong the ongoing rally. The “accumulation trend score” is the key indicator being analyzed, as it reflects whether bitcoin investors have been accumulating or distributing the digital asset over the past month. Bitcoin: Accumulation Trend Score chart | Source: Glassnode The accumulation trend score not only signifies the volume of coins being bought or sold by holders, but also the wallet sizes of the participants involved in the accumulation…
A growing coordinated attack against bitcoin (BTC) and the wider cryptocurrency industry has recently intensified, with U.S. Senator Elizabeth Warren (D-Mass.) expressing hostility towards digital assets. Key stakeholders in the industry, however, have been inadvertently providing ammunition to detractors by engaging in activities that raise ethical and legal concerns. Crypto growing pains One example is the recent controversy involving Arbitrum, a popular layer two scaling solution for ethereum (ETH). The project has faced criticism for allocating funds before securing proper community approval through a vote. This incident has sparked a…