Year: 2024

Mibialorex: A Leading Crypto-to-Crypto Exchange Focused on Continuous Improvement and User Satisfaction

Vortex Cryptonews

Mibialorex: The Future of Crypto-to-Crypto Trading with Continuous Platform Enhancement In the fast-paced world of cryptocurrency trading, the ability to find a reliable and efficient platform is crucial for success. Mibialorex has risen to the occasion, offering a secure and seamless crypto-to-crypto exchange that allows users to trade directly between digital currencies, without involving fiat currencies. With over three years of experience and a presence in 53 countries, Mibialorex has proven itself as a trusted name in the crypto space. What truly distinguishes Mibialorex from other exchanges is its unwavering…

Bitcoin Surges to New ATH Past $106K, Experts Eye Further Gains

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Bitcoin hit a new record high of $106,488 on Sunday evening. The broader crypto market rose by 2.7%, reaching a combined valuation of $3.71 trillion. MicroStrategy’s reported Bitcoin purchase above $100K sparked renewed investor optimism. Bitcoin rallied to a new high on Sunday evening, crossing $106,488 as investors fueled a surge driven by both political and monetary developments. At the time of writing, the largest cryptocurrency was trading at $105,258, reflecting a 3.3% increase in market cap to $2.08 trillion. Meanwhile, the broader cryptocurrency market also saw a 2.7% rise…

Argo Blockchain Sees $3.4M Revenue Surge as Bitcoin Price Soars

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Argo Blockchain reported profitability for November as the market recovered. The firm’s positive financials were also bolstered by a surge in hash price. ARBK shares are down as investors revealed skepticism in pre-market trading. Argo Blockchain PLC (NASDAQ: ARBK), the London-based Bitcoin mining firm, saw a significant rise in revenue for November. This record came despite a decline in its Bitcoin production during the same period. The company has been facing financial challenges but shows resilience in the volatile crypto market. Higher hash prices and a rise in Bitcoin prices…

Bitcoin ATM Operator Byte Federal Says 58K Users Were Affected by Massive Data Breach

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The company confirmed that no user funds were stolen during the data breach that happened in September. Stolen user data could be sold on darknet marketplaces and potentially lead to further fraudulent activities. Byte Federal Inc, one of the largest operators of automated teller machines (ATMs) for Bitcoin in the United States, has announced that up to 58K customers were affected by a major data breach that occurred on September 30, 2024, but was discovered on November 18. According to a to the office of the Maine Attorney General submitted…

ASIC Sues Binance Australia for Misclassifying Retail Investors

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ASIC has filed a lawsuit against Binance Australia Derivatives, accusing it of misclassifying over 500 retail investors as wholesale clients. Binance allegedly failed to issue required disclosure documents, create a Target Market Determination, and operate an internal dispute resolution system. ASIC seeks penalties, declarations, and public accountability measures to hold Binance responsible for breaching financial laws. The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance Australia Derivatives, accusing the crypto exchange of misclassifying more than 500 retail investors as wholesale clients. According to an on Wednesday,…

Australia Regulator Fines Kraken Operator $8M over Unauthorized Product Offerings

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ASIC fined Kraken’s Australian operator $8 million for regulatory violations involving margin extension products. The penalty stems from Bit Trade’s failure to meet compliance standards, resulting in significant customer losses. The case marks ASIC’s first enforcement action for lacking a Target Market Determination (TMD) . On Thursday, the Australian Securities and Investments Commission (ASIC) revealed it has fined Bit Trade Pty Ltd, the operator of ’s Australian cryptocurrency exchange, up to $8 million for violating federal securities laws. According to the , the penalty arose from Bit Trade’s unlawful provision…

Coinbase Responds to User Complaints amid Account Restrictions and Fraud Concerns

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Coinbase dismissed claims of account restrictions as exaggerated FUD. The exchange reported preventing tens of millions in customer losses amid rising fraud. It assured users that affected accounts will be addressed. has addressed claims from customers on its X account regarding sudden account restrictions. The exchange stated that it is not ignoring these complaints and assured users that its team is working diligently to resolve the issues. There have been various reports of Coinbase users being targeted by hackers. A pseudonymous security researcher with more than 20,000 followers pcaversaccio on…

Brooklyn DA Closes 40 Fake NFT Sites after Artist Lost $135K

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An 85-year-old artist lost over $135,000 to a fake NFT minting website. The Brooklyn DA’s office has shut down about 40 related fake NFT sites. Beyond the Brooklyn area, victims are targeted all over the country. Brooklyn’s District Attorney’s Office has recently taken action on fraudulent (NFT) operations. This action was prompted after an 85-year-old artist fell victim to a scam that led to a significant financial loss. The artist, targeted through LinkedIn, was tricked into minting his artwork on a fake NFT platform. The NFT Scam Unfolds: A Deal…

Breaking: Texas House Introduces Bill to Establish Strategic Bitcoin Reserve

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Texas proposes a bill for a strategic Bitcoin reserve, allowing Bitcoin for taxes, fees, and donations. Representative Capriglione advocates Bitcoin adoption, combating inflation, with held reserves for at least five years. Texas, home to top US Bitcoin miners, aims to lead in cryptocurrency-backed financial innovation globally. Texas has introduced a bill to establish its own strategic bitcoin reserve, to CNBC report. Proposed by Republican State Representative Giovanni Capriglione, the bill would let Texas accept Bitcoin for taxes, fees, and donations. If passed, this initiative would position the state as a…

Can Baby Doge Coin (BabyDoge) Hit $0.000000010? Korean Market Opens Its Door

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Baby Doge Coin forms a morning star pattern after a 350% rally, hinting at a bullish continuation. KCEX is adding BabyDoge for spot trading, marking its entry into the Korean crypto market. Fibonacci levels project BabyDoge reaching $0.00000001010, offering a 150% upside potential. With Bitcoin price sliding to $104,436 after creating a new all-time high at $106,533, the meme coin market has witnessed a steeper decline. The top meme coins are experiencing a downfall of 0.25% to 4.5%. This reflects a cooling-off period in the market following the . The…