Author: Adam Stern

In a significant development within the cryptocurrency space, Gemini, the renowned digital asset exchange co-founded by the Winklevoss twins, has committed to returning at least $1.1 billion to its Earn program customers. This resolution comes as part of a settlement agreement with the New York Department of Financial Services (NYDFS), marking a pivotal moment for both the exchange and its users. Background of the Settlement Gemini Trust Company, LLC to Return at Least $1.1 Billion to Earn Program Customers! The Gemini Earn program was designed to offer customers the opportunity to earn interest on their cryptocurrency holdings, a feature that…

In a significant turn of events for the cryptocurrency market, the ‘New Nine’ spot Bitcoin Exchange-Traded Funds (ETFs) have reached unprecedented daily trading volumes, coinciding with Bitcoin’s price nearing the $55,000 mark. This surge highlights a growing interest and confidence in both Bitcoin as a digital asset and the viability of spot Bitcoin ETFs as an investment vehicle in the traditional financial sector. As enthusiasts and investors alike watch Bitcoin’s ascent, the implications of these developments could signal a new era for cryptocurrency’s integration into mainstream finance. The Rise of ‘New Nine’ Spot Bitcoin ETFs New nine bitcoin fund ETFs…

In the ever-evolving and dynamic world of cryptocurrency, influencers hold a substantial sway over market trends and investor sentiments. A prime example of this phenomenon is Ben ‘BitBoy’ Armstrong, a prominent crypto influencer, whose recent involvement in a fight has sent ripples through the memecoin market, causing wild price swings that have caught the attention of investors and traders alike. Ben ‘BitBoy’ Armstrong, known for his insightful analysis and bold predictions in the cryptocurrency sphere, has a massive following on social media platforms. His opinions and actions can significantly impact market movements, particularly in the volatile niche of memecoins. These…

In recent years, Nigeria has emerged as a focal point in the global discourse on cryptocurrency regulation and access. With a burgeoning youth population increasingly turning to digital currencies for investment and transactional purposes, the Nigerian government’s stance on cryptocurrency has become a subject of intense scrutiny. Recent access issues have sparked a wave of concern among users and investors, raising critical questions about the country’s regulatory intentions and the future of cryptocurrency within its borders. As we delve into this complex issue, it’s essential to examine the underlying factors contributing to these access problems and what they indicate about…

In a move that has sent ripples through the crypto community, StarkWare, the team behind the STRK token, has announced significant changes to its token unlock schedule. This decision comes amidst mounting controversy and scrutiny surrounding the project’s governance and distribution practices. Join us as we unpack the implications of StarkWare’s decision and explore the broader context of the unfolding controversy. The Unveiling of StarkWare’s STRK Token Post on X. StarkWare’s STRK token entered the scene with great promise, backed by a vision to revolutionize scalability and privacy in blockchain technology. However, as the project gained traction, questions arose regarding…

In the ever-evolving world of finance, the landscape is shifting towards a more interconnected and collaborative approach. Social trading has emerged as a powerful force, revolutionizing the way individuals engage with markets and make investment decisions. At the forefront of this movement is MC² Finance, a trailblazer in connecting traders with top strategy experts. Join us as we delve into the rise of social trading and the transformative impact it’s having on the financial industry. The Dawn of Social Trading Gone are the days of isolated trading, where individuals operated in silos, relying solely on their own expertise and instincts.…

In the ever-evolving landscape of cryptocurrencies, Starknet’s STRK token has recently found itself at the center of a tumultuous storm. Once hailed as a promising project with potential, its value has now taken a nosedive, leaving investors bewildered and shaken. What triggered this sudden downfall? Dive deeper with us into the heart of the matter as we uncover the events leading to Starknet’s struggle and the implications for the broader crypto community. The Rise and Fall of Starknet Starknet token has nearly halved in price from Feb. 20–22. Starknet emerged onto the scene amidst much fanfare, promising to revolutionize decentralized…

In the volatile world of cryptocurrency, where transparency and trust are paramount, Tether’s recent ambiguity regarding its stablecoin, USDT, on the Tron blockchain has sent ripples through the market. Tether, the company behind the world’s most widely used stablecoin, has neither confirmed nor denied reports suggesting a possible discontinuation of USDT issuance on the Tron network. This lack of clarity has sparked widespread speculation and concern among investors, traders, and blockchain enthusiasts alike. As a leading source for cryptocurrency insights, coinhackz.com delves into the implications of Tether’s reticence, the potential impact on the Tron ecosystem, and the broader significance for…

In a remarkable testament to the burgeoning strength and growing acceptance of digital currencies, crypto exchange-traded products (ETPs) have soared to unprecedented bull run levels, amassing an astounding $67 billion in assets under management (AUM). This significant milestone not only underscores the heightened investor interest in cryptocurrency as a legitimate asset class but also highlights the evolving dynamics of the global financial landscape. As the crypto market continues to mature, the surge in ETPs AUM signals a pivotal shift towards mainstream financial integration. Coinhackz.com delves into the factors driving this phenomenal growth, the implications for the crypto ecosystem, and what…

In a concerning development for the cryptocurrency community, reports have surfaced of a counterfeit Rabby Wallet app circulating on Apple’s App Store. Despite numerous complaints from users who have experienced significant financial losses, the tech giant has yet to take decisive action to remove the fraudulent application. This situation underscores the growing challenge of ensuring app authenticity and security within the rapidly expanding digital wallet space. As the cryptocurrency sector continues to evolve, the incident with the fake Rabby Wallet app serves as a stark reminder of the vigilance required from both platform providers like Apple and users. Coinhackz.com delves…