CryptoUpdate.io

Bitcoin Bulls Dominate Binance: Warning Signs in Funding Rates Emerge The Bitcoin market seems to be back on a bullish track, with BTC’s value soaring past the critical $90,000 mark and regaining significant highs. As of the latest update, BTC managed to climb to a high of $94,32 before settling at a current trading price of $93,473, reflecting a 3.1% rise within the…

Unmasking the €19M Triple-Swipe Crypto Fraud: A Tale of AI, Celebrity Deepfakes, and Relentless Scammers Spanish authorities have apprehended six individuals behind an elaborate cryptocurrency fraud that netted more than €19 million ($20.5 million). This daring fraud involved AI-generated deepfake endorsements by celebrities and managed to deceive the same victims thrice over. The joint effort by Spain’s National Police and Civil Guard resulted in arrests in the provinces…

“Bazaars Embraces Tether: USDT Integration on Bazaars Platform – March 9, 2025” News / CoinMarketCal / Bazaars Embraces Tether: USDT Integration on Bazaars Platform – March 9, 2025 Estimated reading time: Less than 1 minute BZRUSDT: -8.18% TUSDT: -8.67% Bazaars has successfully incorporated Tether (USDT) onto its network, thereby promoting secure, swift, and low-fee international transactions.…

Arkham Enables Tracking of Crypto ‘Influencers’ with Over 100k Followers Arkham, a renowned platform for crypto data monitoring, has unveiled a distinctive tag for users on platform X who boast more than 100,000 followers, the company announced through a post on X. This new feature empowers users to monitor the crypto wallets of those tagged as significant ‘opinion leaders’ within the…

Euro Poised for Its Strongest Week in Over a Decade as Dollar Weakens Pre-Jobs Report The Euro is on track for its strongest week in 16 years, capitalizing on the softening dollar ahead of the release of crucial jobs data. The Dollar Index, a measure of the U.S. currency against a basket of six major currencies, has dropped to a four-month low. The safe-haven currencies, namely…

Unraveling Mt. Gox’s $1 Billion Bitcoin Movement: Market Impact or Creditor Payback? In a recent turn of events, the defunct Bitcoin exchange, Mt. Gox, has once again made headlines after transferring a whopping 12,000 BTC, equivalent to over $1 billion, to an undisclosed wallet. This occurred as Bitcoin is currently priced around $92,000, stirring up market volatility. The crypto community is…

Sam Altman’s World Project Incorporates Crypto Payments and Chat Features to Enhance Super App Capabilities Sam Altman’s World project isn’t quite a super app in terms of user figures yet, but it took a significant step in that direction on Thursday by integrating chat and payment capabilities. The World project’s unique model of verifying user identities in return for WLD tokens ensures that World Network users can confidently interact…

Putin Assures Uninterrupted Power Supply to Abkhazia’s Leader in Recent Meeting In a recent meeting with Badra Gunba, the leader of the breakaway Georgian region of Abkhazia, Russian President Vladimir Putin gave assurance for continued electricity supply to the region. The meeting took place in the Kremlin on Wednesday. Putin extended his congratulations to Gunba for his triumph in the recent presidential elections, emphasizing the…

MegaETH Preps for Public Testnet Launch This Week On the horizon is a momentous event for MegaETH, an advanced Ethereum Layer 2 under development. The project has detailed a methodical strategy for introducing its testnet. With the public testnet deployment set to commence on March 6, the countdown has begun. The launch is planned in stages. March 6 will mark the official…

Global Equities Largely Ascend Amid Potential European Backing for Ukraine Global Shares Soar in Anticipation of Crucial U.S. Data On Monday, the majority of global shares saw an upward trend as investors anticipated key U.S. data releases for the week. The surge was propelled by a guarded optimism that Europe might bolster Ukraine’s position and increase its defense expenditure. Shortly after its opening, the…

Crypto News Recap: Trump’s White House Summit, Solana Futures by CME Group, and Bitcoin Price Concerns In the world of cryptocurrency, significant events unfolded today. Firstly, the U.S. President Donald Trump announced he will be hosting the inaugural White House Crypto Summit on March 7, intending to gather industry experts to discuss regulatory matters, stablecoins, and the potential of Bitcoin legislation. Secondly, the globally recognized…

Bybit’s Crypto Zodiac League Presents Trading Contest with Prizes Worth 1 Million USDT News As the celestial bodies align, Bybit’s Crypto Zodiac League unveils a thrilling Trading Competition. This contest promises a whopping 1 Million USDT in prizes, creating a buzz in the crypto universe. Revealed on Feb 28, 2025, at 11:00 GMT+1 by Refinitiv Asia, this competition is set to bring…

BexBack Unveils No-KYC Policy, Double Deposit Incentive, and 100x Leverage for Crypto Traders On Feb 27, 2025, global news platform GlobeNewswire reported on BexBack’s new no-KYC policy for fresh users, along with a double deposit bonus and 100x leverage in cryptocurrency trading. BexBack is aiming to redefine the crypto trading experience with these enticing offerings. As part of the announcement, BexBack has confirmed that…

Abu Dhabi Financial Hub Witnesses 32% Surge in Annual Company Establishments Abu Dhabi Global Market (ADGM), the financial hub of the UAE’s capital, reported a 32% increase in the number of companies setting up shop within its jurisdiction in the past year. This surge is a result of an influx of firms seeking to expand their business in the region and establish stronger relationships…

TEN Unveils “Zero to TEN” Initiative: Pioneering the Future of Unprecedented dApps TEN, the inaugural Layer 2 solution to harness Trusted Execution Environments (TEEs) for encrypted smart contract execution, has publicized its “Zero to TEN” program. This groundbreaking initiative is designed to back applications that were once deemed unachievable on the Ethereum ecosystem. With an offer of $100,000 in support for each chosen project, the program…

K33 Markets Rolls Out Real-Time NOK Deposits for Norwegian Users K33 Markets, a branch of K33 AB (publ), is thrilled to roll out an important enhancement to their platform. Norwegian customers can now make NOK deposits instantly on the K33 Markets platform, all with absolutely no deposit fees. This innovative feature, driven by Neonomics’ cutting-edge open banking technology, offers a smooth and secure payment…

Record-Breaking $822 Million Lost to Crypto Scams in Singapore in 2024, Reports Police The police force of Singapore reported that citizens of the city-state suffered an unprecedented loss of S$1.1 billion ($822 million) to fraudulent activities in 2024. Astonishingly, nearly a quarter of this colossal loss is attributed to cryptocurrency scams. The Singapore Police Force (SPF) revealed in a recent report that the amount siphoned off…

BexBack Introduces U-Based Leverage Trading from 25x to 100x, Expands Trading Pairs, and Offers Double Deposit Bonus Without KYC SINGAPORE, Feb. 24, 2025 (GLOBE NEWSWIRE) — As Bitcoin’s value teeters below the $100,000 mark, the crypto market braces for heightened volatility. In such a turbulent climate, spot positions may not offer short-term profits. Therefore, 100x leverage futures trading is gaining popularity among seasoned investors, aiming to capitalize on the…

Ethena Secures $100M Funding to Expand USDe Stablecoin Offering: Report Ethena, the firm behind the creation of the synthetic stablecoin USDe, has successfully raised a significant $100 million in funding to develop a similar token aimed at conventional financial institutions, according to a Bloomberg report on Monday. The investment round was finalized in December, with renowned investors such as Franklin Templeton and Fidelity…

Rezolve Ai Unveils a Pioneering $1 Billion Bitcoin Treasury to Drive AI-Enabled Crypto Commerce Rezolve Ai, a leading name in AI-infused commerce solutions, recently announced its ambitious $1 billion Bitcoin treasury program, initiated with an investment of $100 million. This step reaffirms Rezolve Ai’s steadfast dedication to transforming global commerce by smoothly merging artificial intelligence, blockchain tech, and cryptocurrency. The…