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Your Ultimate Source for Cryptocurrency Updates
Coinsurges is a platform that covers fintech, blockchain, and Bitcoin news, providing the latest updates and analyses on the future of money. The introduction of Bitcoin in 2008 marked the declaration of the cryptocurrency standard, which sparked a new technology and social change. Cryptocurrencies aim to provide a means for global, peer-to-peer transactions that prioritize privacy and financial security.
For the latest news and updates on cryptocurrency, digital assets, and the future of money, Coinsurges is the go-to platform.
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Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
In the first quarter of 2024, Canaan Inc generated $351 in revenues versus the $724 million in costs incurred in the same period which resulted in the company recording a gross loss of $373 million
Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring
Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant
Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher
Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum Optimism
Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users
In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or e-CNY wallets, as announced by the Hong Kong Monetary Authority (HKMA) This
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
Dolce & Gabbana USA Inc faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery
Crypto Influencer ‘T.J. Stone’ Pleads Guilty To $1M Wire Fraud Scheme
In a Brooklyn federal court on Thursday, crypto personality Thomas John Sfraga, also known as “TJ Stone”, pleaded guilty to wire fraud charges for defrauding over a dozen victims out of
Crypto Post-Mortem: Here’s How Pump.Fun Was Exploited For $2 Million
Solana-based platform Pumpfun suffered an exploit that left the crypto community with many questions The attack stole millions of dollars in users’ funds, but the reasons behind it and the exact
Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end
Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40% In a May 15 report, Coinbase Institutional Research Analyst David
‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1
Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold According to regulatory filings, Burry’s Scion
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Blockchain
Bottom Signals: Bitcoin Spot Volume Soars As Prices Become Attractive Again
Data shows the Bitcoin spot trading volume has soared in the past week as prices have become attractive for traders again Bitcoin Trading Volume Sharply Rose Following The Price Crash As per the
Blockchain
Small Cap Altcoins Get Decimated In January Crypto Derisking
During the January crypto derisking carnage, it seems small cap altcoins have come out as the losers as they look to end the month 35% in the red Small Cap Altcoins Suffer The Largest Losses In
Blockchain
Coinbase Lists Open Source Oracle Platform DIA
DIA’s listing news generated major attention on the oracle platform as the DIA token’s trading volume skyrocketed by 1000%, with +$120M DIA traded in 24 hours DIA is now in full-trade mode in
Blockchain
Coinbase Lists Open Source Oracle Platform DIA
DIA’s listing news generated major attention on the oracle platform as the DIA token’s trading volume skyrocketed by 1000%, with +$120M DIA traded in 24 hours DIA is now in full-trade mode in
Blockchain
FTX US Raises $400 Million in Series A, Trading Platform’s Valuation Now $8 Billion
On January 26, the crypto asset exchange FTX US revealed it raised $400 million in a Series A financing round stemming from investors like Softbank, Paradigm, and Multicoin Capital The Series A
Blockchain
The Post-Fintech Revolution: Understanding DeFi Applications
Fintech, defined by technologies meant to empower the masses through the ubiquitization of financial services, has failed In a world of record wealth inequality, it has served only to further enrich
Blockchain
Price analysis 1/26: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Bitcoin and altcoins are in a strong relief rally, but overhead resistance levels and expected comments from the
Blockchain
Stellar To Deploy Smart Contracts By End Of 2022? XLM Reacts To The Upside
Stellar (XLM) records a positive performance in 24-hours as the crypto market in general recovers from its sell-off As of press time, XLM trades at $020 with a 48% profit in the last day Related
Blockchain
Why The IRS Sees “Mountains Of Fraud” In Crypto And NFTs
As it grows, the crypto industry and its sectors attract more attention from regulators and political actors In the United States, this industry seems poised for more hostility from the current
Blockchain
Money laundering 0.05% of all crypto transactions in 2021: Chainalysis report
Every year since 2017, blockchain analysis company Chainalysis publishes a report focusing on money laundering and illicit transactions going through the cryptocurrency ecosystem The post Money
Blockchain
Crypto policy advocacy group warns of ‘disastrous’ provision in a new US bill
According to Coin Center director, the proposed bill would essentially bypass existing checks and balances on the
Blockchain
Bitcoin Price Prediction: BTC/USD Signals Fresh Increase Above $38,000
Bitcoin Price Prediction – January 26 The Bitcoin price prediction reveals that BTC moves close to the resistance level of $39,000 level as it is
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Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
In the first quarter of 2024, Canaan Inc generated $351 in revenues versus the $724 million in costs incurred in the same period which resulted in the company recording a gross loss of $373 million
Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring
Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant
Optimism Network Activity Metrics Approach Record Levels, Propelling OP 9% Higher
Layer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum Optimism
Digital Yuan Goes Cross-Border: Hong Kong Unveils e-CNY Wallets For Local Users
In a significant move towards enhancing digital currency use, Hong Kong residents can now set up personal digital yuan or e-CNY wallets, as announced by the Hong Kong Monetary Authority (HKMA) This
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
Dolce & Gabbana USA Inc faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery
Crypto Influencer ‘T.J. Stone’ Pleads Guilty To $1M Wire Fraud Scheme
In a Brooklyn federal court on Thursday, crypto personality Thomas John Sfraga, also known as “TJ Stone”, pleaded guilty to wire fraud charges for defrauding over a dozen victims out of