Bitcoin Options Expiry Sparks Volatility: What to Watch Out For

• The crypto market cap is bouncing at a support level after breaking out from the $1.04 trillion resistance area. • A large volume of Bitcoin options are set to expire today which could generate volatility in short-term price movement for BTC. • A bearish reversal remains possible if the crypto market cap breaks below […]

FBI Recovers Over $5.5M From Axie Infinity Hackers

• Norwegian authorities have recovered $5.5 million from North Korean hackers in an Axie Infinity hack. • The FBI and Norwegian authorities have been investigating the hack for almost a year and were successful in recovering the stolen assets. • The hackers were attempting to “whitewash” the funds through a privacy mixer sanctioned by the […]

SEC Probes Kraken Over Possible Securities Law Violations

•The SEC is probing Kraken, one of the largest cryptocurrency exchanges in the world, over possible breaches of U.S. securities law. •The probe is reportedly in advanced stages and a settlement could be reached soon. •If Kraken settles with the regulator, it could give the SEC more jurisdiction over the crypto industry and reinforce its […]

Take Control of Social Media – Damus Launches on Apple App Store

• Damus, a decentralized social networking platform powered by Nostr, has launched on the Apple App Store. • Nostr markets Damus as the ’social network you control‘ and promises to provide censorship-resistant and permissionless communications. • Twitter is also trying to catch up with its competitors by launching a payment system, which could include crypto […]