Author: James Wilson

South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country’s central bank. On Mar. 16, local media outlet Yonhap reported that officials from the Bank of Korea ruled out adding Bitcoin (BTC) to its foreign exchange reserves in response to a written inquiry from Representative Cha Gyu-geun of the National Assembly’s Planning and Finance Committee. The central bank cited Bitcoin’s high volatility as a major concern, warning that “transaction costs to cash out Bitcoins could rise drastically” if the crypto market experiences instability. Officials also pointed out that Bitcoin does not meet the…

Following the discovery of an attempted attack by North Korea’s Lazarus Group, OKX has temporarily suspended its decentralized exchange aggregator service.  The exchange made the announcement on Mar.17, citing security issues and the need to fix incomplete tagging on blockchain explorers. According to their official statement, the suspension will allow OKX DEX aggregator to roll out new security measures to prevent further misuse. “Recently, we detected a coordinated effort by Lazarus Group to misuse our DeFi services. At the same time, we’ve noticed an increase in competitive attacks aiming to undermine our work,” OKX stated in its blog post. The…

Solana, the layer-one blockchain platform, celebrated five years since the launch of its mainnet on March 16, 2020. To celebrate the milestone, the network shared its accomplishments, which include more than 1,300 validators, nearly $1 trillion in trading volume, and over 408 billion total Solana transactions, in a post on its official X account. https://twitter.com/solana/status/1901279678620749997?s=46&t=nznXkss3debX8JIhNzHmzw Solana (SOL) was founded in 2017 by Anatoly Yakovenko with the goal of addressing the primary challenge facing blockchain technology. The network aims to strike the right balance between scalability, security, and decentralization. When combined with proof-of-stake, Yakovenko’s proof-of-history system speeds up transaction processing. Solana…

Bitcoin’s market has seen a major reset, with over $10 billion in open interest wiped out in just two months, leading analysts to believe that a Bitcoin price recovery is imminent. According CryptoQuant analyst Darkfost’s latest market analysis post on X, on Jan. 17, Bitcoin’s (BTC) open interest hit a record $33 billion, signaling extreme leverage in the market. However, political uncertainty tied to former U.S. President Donald Trump’s recent actions led to a wave of liquidations. https://twitter.com/darkfost_coc/status/1901368698868473975?s=46&t=nznXkss3debX8JIhNzHmzw Subsequently, nearly $10 billion in open interest vanished between Feb. 20 and Mar. 4. This sharp decline pushed Bitcoin’s 90-day futures open…

As President Donald Trump stakes his claim on the future of cryptocurrency in America, investors and industry insiders are divided on whether his administration truly marks a turning point for digital assets. Kevin O’Leary, chairman of O’Leary Ventures and a longtime cryptocurrency advocate, recently lauded Trump’s stance on digital assets, arguing that this administration is ushering in a “new phase” for the industry. Speaking on “My View with Lara Trump,” O’Leary asserted that the so-called “cowboy era of crypto” — marked by high-profile fraud cases and regulatory uncertainty — was over. Recall that O’Leary was indeed affected by perhaps the…

Cryptocurrency prices rose modestly during the weekend as investors embraced a risk-on sentiment following Friday’s surge in the US stock market.  Bitcoin (BTC) held steady above $84,000, while the market cap of all coins rose to over $2.8 trillion.  The crypto market will have two main catalysts this week: President Donald Trump’s tariffs and the Federal Reserve’s interest rate decisions. A sign of Trump easing his stand on tariffs and a more dovish Fed will be bullish for cryptocurrencies and other risky assets.  The top cryptocurrencies to watch this week will be Binance Coin (BNB), Cronos (CRO), and ZetaChain (ZETA).…

An arrest warrant has been issued for Kevin Segal, a self-proclaimed “Bitcoin billionaire” who allegedly failed to appear for a court hearing after a friend posted his $50,000 bond. Prosecutors accuse Segal of swindling Wyoming businesses out of more than $212,000. The 30-year-old California resident faces up to 141 years in prison if convicted. According to a report by The Daily Mail, Segal posed as a wealthy businessman attempting to purchase millions in real estate in the Jackson Hole area while leaving a trail of unpaid bills at luxury resorts and businesses. Judge Bill Simpson issued a bench warrant across…

As of now, cryptocurrencies are the most talked-about investments, but choosing the best crypto to invest in India is hard. Moreover, it has become a profitable option for several upcoming investors looking to diversify, even in India. This article will introduce you to a few of the best cryptos to invest in India in 2021. Features / CoinsBitcoinEthereumGRT1INCHMaticAaveWhere to buy it?Binance & CoinDCXCoinbase & WazirXKuCoin & BitbnsOKEx & WazirXCoinbase & CoinDCXBinance & BitbnsAll the time high$64,863.10 (April 14, 2021)$4,362.35 (May 12, 2021)$2.88 (Feb 12, 2021)$7.87 (May 08, 2021)$2.68 (May 18, 2021)$666.86 (May 18, 2021)Total Supply21 Million—10 Billion1.5 Billion10 Billion16 MillionCirculating…

Key Takeaways The timing of WOLF’s launch coincided with rumors that Jordan Belfort, famously known as the “Wolf of Wall Street,” was planning to introduce crypto under the same name WOLF’s market capitalization surged to $40 million after being promoted within the WallStreetBets (WSB) community Hayden Davis, already under scrutiny for his involvement in the LIBRA meme coin debacle, has surfaced with another crypto project. Blockchain analytics firm Bubblemaps reported on March 15 that Davis had launched a new token called WOLF, sparking concerns over his continued presence in the crypto market. The timing of WOLF’s launch coincided with rumors…

Bitcoin is currently languishing at $82,900, but one popular crypto millionaire expects it to reach $100,000 by the end of the month.  Bitcoin (BTC) was trading at $82,900 at the time of publication on Sunday. That’s up by 10% from its lowest level this month, giving it a market cap of $1.62 billion.  BTC price chart | Source: crypto.news ‘Probably up to 100k by month-end’ It has found this resistance likely because investors are still fearful and staying in the sidelines. The crypto fear and greed index remains in the fear zone of 24, likely because of the ongoing trade…