Bitcoin, the world’s largest crypto asset, hit a record-high trading volume after the cryptocurrency reached a new all-time high of $89,956 on Nov. 12. According to a Matrixport report, Bitcoin’s trading volume soared above $145 billion in the past 24 hours, marking a new all-time peak that stands roughly 50% above previous highs observed in August and March this year. In later trading hours, the volume continued to climb, briefly surpassing $170 billion according to Coingecko data. Analysts at Matrixport noted that the surge in Bitcoin’s volume was driven largely…
Day: November 13, 2024
Warped Universe Utilizes Sui Blockchain for Enhanced Player Experience
Darius Baruo Nov 13, 2024 10:46 Warped Universe, a multi-genre game, leverages Sui blockchain technology for player-owned assets, offering diverse gameplay experiences and a vibrant marketplace. Warped Games has announced the deployment of its upcoming game, Warped Universe, on the Sui blockchain, according to Sui Foundation. This innovative multi-genre game is designed to provide players with a dynamic experience featuring third-person real-time action, turn-based strategy, and base-building elements. Multi-Genre Gameplay with Player Ownership Warped Universe aims to revolutionize gaming by allowing players…
Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British Users
Bitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of crypto services, including trading and custody for tokenized real-world assets. “At Bitget, compliance is the core of our expansion strategy,” said Gracy Chen, CEO of […] Source CryptoX Portal
Thai authorities bust illegal Bitcoin mining rigs, charge two over $280k theft: report
Thailand charges two for stealing over $280,000 in electricity for illegal Bitcoin mining. Thai authorities have cracked down on illegal Bitcoin (BTC) mining operations, shutting down nine illicit sites and arresting two suspects on charges of electricity theft, valued at over $280,000, The Straits Times has learned. The operation, which took place in Surat Thani province, follows a growing trend of illegal crypto mining activities that have surged in the country in recent years. The investigation was triggered when a local resident reported suspicious CCTV cameras installed at a seemingly…
Money Launderer Faces Up to Two Decades in U.S. Prison After Guilty Plea
“Although Li committed this offense from outside the United States, he was not beyond the reach of the Justice Department,” Nicole M. Argentieri, head of the Justice Department’s criminal division, said in a statement. “Today’s plea reflects our ongoing commitment to working with our domestic and international partners to hold accountable anyone responsible for cryptocurrency investment fraud against U.S. victims — wherever the perpetrators are located.” Source
Revolut Expands Crypto Exchange Across EU After Successful Launch in UK
“The feedback from experienced traders has been very positive, with many already taking advantage of our near-zero fees, wide range of available assets, and seamless integration with their Revolut accounts,” said Leonid Bashlykoc, head of product at Revolut. Source
NEW data protection code of conduct launched for UK private investigators
We have approved and published the first sector-owned code of conduct – The Association of British Investigators Limited (ABI) UK GDPR Code of Conduct for Investigative and Litigation Support Services. Under Article 40 of UK GDPR, organisations may create codes of conduct that identify and address data protection issues that are important to their sector. This code, which investigators in the private sector can sign up to, will provide certainty and reassurance to those using their services – ensuring investigators are compliant with the UK GDPR requirements. This will assist…
Bitcoin (BTC) Price Rally Hits a Wall at $90K Resistance While FX Traders Back the Dollar Index (DXY) Bull Run
It’s completely normal for such a pause to occur after a staggering $20,000 price surge in just a week, shattering previous lifetime peaks. Such pauses typically recharge bulls’ engines for the next leg higher and traders in the options market are positioning for a breakout to $110,000-$120,000, according to data shared by QCP Capital. Source
Ethereum Spot ETFs Attract Record $295 Million Daily Inflows – Is ETH Set For New Highs?
Este artículo también está disponible en español. Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally. Spot Ethereum ETFs Record Daily Inflows Ethereum, the second-largest cryptocurrency with a market cap of approximately $404 billion, is now gaining ground on BTC, with the platform’s ETH token jumping more than 35% over the past week. Related Reading While the broader digital assets market has been buoyed by Donald Trump’s victory in the 2024 US presidential election, additional factors…
South Korean Police Arrest 215 in Suspected $232M Crypto Investment Scam Investigation: Yonhap
The scheme promised 20x returns through investing in tokens that in reality had little value. Source