Huobi Global founder H.E. Justin Sun said 18 million FTX Users Debt (FUD) tokens have now been fully burned, resulting in a tenfold return for all holders.
Shiba Inu's (CRYPTO: SHIB) rally cooled down after it reached a monthly high of $0.00001251. However, it seems that Ethereum (CRYPTO: ETH) whales are not ready to give up yet.
Cryptocurrency followers have been left a bit confused after the Justice Department said it had shut down a little-known China-based cryptocurrency exchange named Bitzlato.
Security teams at crypto exchanges Binance and Huobi worked together to freeze and recover 124 Bitcoin (CRYPTO: BTC) from hackers behind the Harmony bridge exploit, according to Binance's CEO.
Eswar Prasad, an economics professor at Cornell University, has reportedly cautioned the failure of a major stablecoin could have an impact on the U.S.
In a decision that is likely to raise concerns in the cryptocurrency industry, Crypto.com has announced that it will no longer support Tether (CRYPTO: USDT) on its platform in Canada, with the delisting taking effect on Jan. 31 at 1:00 p.m. ET.
The cryptocurrency market faced setbacks in 2022 that included companies declaring bankruptcy, companies in the sector cutting jobs and the price of top coins falling significantly during the year. With the crypto industry in a bear market, many wonder if a comeback will happen in 2023 or if declining prices will continue this year.
The cryptocurrency market faced major setbacks in 2022 with several negative headlines impacting companies in the sector and taking down the price of the leading cryptocurrencies. With the crypto industry in a bear market, many wonder if the sector will experience a comeback in 2023 or instead continue to see declining prices.