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Propy (#PRO) News and Headlines

September 26, 6:15 pm

Pro Ripple (XRP) Lawyer Baffled With This Latest SEC Decision
John E. Deaton - a US attorney who represents thousands of XRP investors in the lawsuit between Ripple and the SEC - criticized the agency for one of its latest moves.  Specifically, the regulator opposed a reorganization plan presented by Coinbase, according to which customers of the now-bankrupt crypto lender Celsius Network could be reimbur... read More

September 15, 2:03 pm

Pro XRP Lawyer John Deaton Files Notice of Appearance in LBRY Lawsuit
Attorney John Deaton, known for his representation of XRP token holders involved in the legal battle against the US Securities Exchange Commission (SEC), has officially filed a formal notice of appearance as an Amicus Curiae in the LBRY lawsuit. This recent development follows LBRY's filing of an appeal notice to the United States Court of Appeals ... read More

September 14, 1:30 pm

OKX Switch McLaren MCL60 Race Car To Stealth Mode For The Singapore Gran...
[PRESS RELEASE - SINGAPORE, SINGAPORE, September 14th, 2023] McLaren Racing and OKX, a leading Web3 technology company and Official Primary Partner of the McLaren Formula 1 Team, today revealed a limited-edition Stealth Mode livery design to be carried on the McLaren MCL60 F1 cars at the 2023 Singapore Grand Prix (15-17 September) and the 2023 Japa... read More

September 08, 1:30 pm

Become a Hacker and Recover Lost Crypto Treasures With AI Bitcoin Hunter...
Have you ever dreamed of becoming a cyberpunk hacker or a real-life Indiana Jones, recovering great treasures for fame and fortune? Now is your chance to do just that with AI Bitcoin Hunters, by helping people who have lost control of their crypto wallets recover their funds. Join the Ranks of the AI Bitcoin Hunters AI Bitcoin Hunters (AIBTCH) is a... read More

September 08, 7:12 am

One Trading Launch Instant Trade
[PRESS RELEASE - London, United Kingdom, September 8th, 2023] One Trading, the crypto asset exchange formerly operating under the Bitpanda Pro brand, today announced its new product, Instant Trade. Having recently raised €30M and fully separated from Bitpanda, Instant Trade is another step forward for One Trading as it diversifies its offering... read More

September 06, 2:15 pm

This is Why Marathon Digital Mined Less Bitcoins in August
Bitcoin mining company Marathon Digital Holdings announced producing 1,072 BTC in August, which represented a drop of 9% from the previous month due to extreme weather conditions in Texas. Despite the decrease in Bitcoin production, the figure is still five times more than in August of last year. Marathon's Bitcoin Production: August Edition In its... read More

September 06, 5:30 am

Report: Huawei's Kirin Chip May Have Been Accelerated by Bitcoin Mining ...
A recent report by The Miner Mag suggests bitcoin mining orders might have sped up Huawei's development of its new Kirin smartphone chip. The chip, which powers Huawei's new Mate 60 Pro smartphone, was produced by China's Semiconductor Manufacturing International Corp. (SMIC) using its N+2 7nm process.Research Suggests Bitcoin Mining Boosted Huawei... read More

August 31, 1:00 pm

Court Says Yes To Binance Request In Case Against SEC
In a new development in the ongoing case between crypto exchange Binance.US and the Security and Exchange Commission (SEC), the Court has approved Binance’s request for a new attorney. Following approval from Judge Amy Jackson, attorney Andrew Rhys Davies can now appear in court for Binance.US. Approval From US Judge According to a previous f... read More

August 23, 7:41 am

Özcan Köme Announces Groundbreaking Hybrid Trading Platform af...
[PRESS RELEASE - Zürich, Switzerland, August 22nd, 2023] In a significant move that promises to redefine the dynamics of cryptocurrency trading, Cookielabs is about to reaveal its latest innovation: a decentralized on-chain research, analytics, and trading platform tailored for professional traders. This ambitious project, two years in the mak... read More

August 17, 1:56 pm

XRP Price Dips Below $0.6 As Investors Lose Hope in Ripple – Could...
Major cryptocurrencies are registering steep losses as a perfect storm led by worsening inflation levels, SEC’s hawkish stance and struggling equities has turned the market sentiment distinctly bearish. The global crypto market cap plummeted by 2% over the past day, with even Bitcoin showing strong volatility as it fell to the $28,600 price l... read More

August 14, 10:30 pm

Bitmain to Reveal Groundbreaking Antminer S21 at 2023 World Digital Mini...
Reports have surfaced that Bitmain, the well known mining rig manufacturer, intends to unveil a cutting-edge bitcoin (BTC) miner at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The device, christened the Antminer S21, is being hailed by Bitmain as the market's most proficient machine, marking a pivotal shift in th... read More

August 14, 1:34 pm

BTC Bears Target $28.5K as Price Unable to Push $30K: Bitcoin Price Anal...
Bitcoin's price movement has remained stagnant after being rejected from the critical resistance zone at $30,000. However, it is currently consolidating near a pivotal support area, which includes both the 100-day moving average and the lower boundary of a multi-month ascending channel. Technical AnalysisBy Shayan The Daily Chart The daily chart an... read More

August 11, 6:11 pm

Kraken Dethroned Coinbase as Most Liquid US Exchange for Altcoins in Jul...
Cryptocurrency trading platform Kraken dethroned its rival Coinbase to become the most liquid United States exchange for altcoins in July. According to a tweet by Dessislava Laneva, a research analyst at crypto data platform Kaiko, by the end of July, Kraken had claimed 47% of the market depth in the US for the top 10 altcoins. Kraken Claims Larges... read More

August 09, 5:00 am

Trader Who Placed $10 Million Bet Against LUNA Loading Up Reddit's Moons
In a new development, a trader who placed a substantial $10 million bet against LUNA in May 2022 before the then native currency and UST—the algorithmic stablecoin, collapsed is now setting his sight on Reddit Moons. Going by the moniker 'GCR,' on-chain data on August 8 showed the trader moved 450,000 MOON from MEXC Exchange to Kraken. Moons ... read More

July 31, 3:20 pm

Breaking: HEX Token Plummets 25% Following SEC Lawsuit Against Founder R...
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Richard “Heart” Schueler and crypto projects HEX, PULSECHAIN, and PULSEX. According to a document filed with a court for the Eastern District of New York and shared on X by economist Alex Krüeger, the regulator is violating U.S. securities laws. As of this ... read More

July 14, 12:23 pm

ChainGPT is Launching DexCheck, an AI-Powered Analytics Platform for Cry...
[PRESS RELEASE - Please Read Disclaimer] A new generation of blockchain-based projects have begun to ascend into the crypto industry, ChainGPT will be there to provide them with the necessary infrastructure to help them succeed. Not long ago, ChainGPT, the leading AI Infrastructure provider for the crypto, blockchain, and Web3 industry announced th... read More

July 06, 9:40 am

OKX to Launch Signal Trading Platform, Empowering Traders with High-Qual...
[PRESS RELEASE - Dubai, UAE, July 6th, 2023] OKX's Signal Trading is a trading bot and marketplace that bridges the gap between signal providers and traders Signal Trading will be integrated with TradingView, enabling signal providers and traders to create signals directly on the leading charting platform A pre-launch waitlist is available now for... read More

June 23, 3:15 pm

Crypto Exchange Gemini Launches ETH Staking Pro in the UK
Leading cryptocurrency exchange Gemini has announced the launch of its Ethereum (ETH) staking program in the United Kingdom. Dubbed Gemini Staking Pro, the product will enable institutions and high-net-worth individuals to run validators on the Ethereum blockchain. The development aligns with Gemini's expansion plans, as the staking program is alre... read More

June 19, 6:15 pm

Binance Moves BTC to New Cold Wallet: Funds SAFU
Crypto exchange giant Binance has moved at least nine figures worth of its Bitcoin to a new blockchain address, the company announced on Monday.  The move has not affected the safety of user funds, which remain locked away with Binance in cold storage.  Massive Move From Binance’s Wallet According to data from, Binanc... read More

June 17, 9:53 am

The Beauty of Crypto: ZachXBT Gets Sued, Community Donates Over $600K in...
One of the most popular on-chain crypto sleuths, going by the Twitter handle ZachXBT, said he was being sued for an article he posted last year. The researcher said he is not wealthy, unlike the person suing him, and needs the community's support for his defense. That support has been quite impressive so far. ZachXBT took to Twitter yesterday even... read More

June 17, 3:30 am

Web3 Devs Now Focused on Making Games That 'Traditional Gaming Can't Mat...
According to Chris Watkins, the co-founder and CEO of the non-fungible token (NFT) marketplace Digital Arms, many of the Web3 games developed in the last bull cycle were not only seemingly rushed but 'lacked the essential element of fun,' hence they ultimately failed. Watkins also argued that the few games which did gain traction 'relied on the all... read More

June 15, 2:27 pm

SingularityNET Price Tanks 25% in a Week, Some Traders Think yPredict Co...
The crypto market saw a major correction despite the Federal Reserve pausing interest rate hikes. With the move already priced in, the global crypto cap shrank by 3% in a span of 24 hours. The SingularityNET token also took a major hit, slipping over 8% in 24 hours. Despite AGIX’s struggles, several new AI-based tokens are showing promising m... read More

June 15, 7:20 am

OKX and McLaren Racing Host Panel on Technology in Sports and Film at Tr...
[PRESS RELEASE - New York City, New York, June 15th, 2023] Panelists included OKX Chief Marketing Officer Haider Rafique, McLaren Racing Chief Executive Officer Zak Brown, McLaren F1 Driver Lando Norris, and director, producer, and screenwriter Stephen Kay From left to right: Director, producer, and screenwriter Stephen Kay; McLaren Racing CEO Za... read More

June 08, 2:37 pm

Cardano Plummets Amid Market Turbulence but yPredict Presale Surges Past...
After a resilient performance on Tuesday, the crypto market buckled under the strong bearish sentiments created by the SEC’s hawkish regulatory actions. Bitcoin fell below the $27K mark, while Ethereum is barely holding on to $1.8k. Once again, Cardano is taking the major brunt of the widespread FUD in the market. The 7th largest cryptocurren... read More

May 22, 3:57 pm

Traders Are Backing These Two AI Cryptos to Explode
A cryptocurrency token’s real-world utility could be the difference between sustainable 10x growth and a temporary fad. A few high-quality tokens are utilizing artificial intelligence to provide cutting-edge solutions to difficult problems. Blockchain and artificial intelligence are two complementary futuristic technologies that offer signifi... read More

May 19, 11:43 pm

Crypto Investment Fund HashKey in Talks to Raise $200M at $1B Valuation&...
As Hong Kong takes center stage in the regional crypto business, local firms are trying to expand their customer base. One such firm, HashKey Group, is reportedly raising up to $200 million in funding to tap new opportunities. HashKey Eyes $200 Million in Funding Targeting a more significant share of the Asian crypto market, Hong Kong-based crypto ... read More

May 19, 10:00 pm

Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Deve...
Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged to match all contributions toward this cause, totaling a maximum of $500,000 through 2023.Bitcoin Min... read More

May 16, 9:30 pm

Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Over 26,000...
Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the blockchain explorers and, allowing users to explore its potential.Bitcoin Cash ... read More

May 16, 11:00 am

J'JO's Crypto Index Investing: Protecting Portfolios From Risks and Incr...
The global crypto market is expanding steadily despite recent bearish sentiments. Over 119 million people worldwide started owning cryptocurrencies in 2022, marking a 39% rise in total ownership. It reflects a growing demand for alternative payment methods and investment instruments. More people now believe in the potential of futuristic asset clas... read More

May 16, 5:30 am

Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of ...
According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today's bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers, as fabrication competition these days is limited.18 ASICs Profit With E... read More

May 11, 7:21 am

FTX Group Hit With Tax Claims Worth Over $40 Billion
In a stunning development in the FTX Group’s drawn-out bankruptcy case, the IRS has recently filed claims against the default entity that dwarf any prior ones and cast doubt on its prior idea of re-opening for business. Over $40 Billion in Unpaid Taxes In order to put this development into perspective, as recently as January, it was believed ... read More

May 04, 6:34 am

Coinbase Borrow to Cease Operations Next Week: Report
The largest US crypto exchange announced that it will be deprecating its lending product, Coinbase Borrow, on the 10th of May. According to a spokesperson for the company, the product no longer garnered enough interest to justify allocating funds for it. Loans taken out using the program will remain active until their conclusion. Decision Not Linke... read More

April 22, 3:33 pm

OpenSea Pro Retaliates Blur's Dominance in NFT Market: Data
Blur appears to have lost its title as the world's most popular NFT marketplace. OpenSea Pro was rebranded and unveiled to court active traders from Blur. The latter was eating away at OpenSea's market share since its launch last October. The counteroffensive proved somewhat successful as data suggest that the new 'polished' NFT aggregator has surp... read More

April 05, 11:05 pm

OpenSea Launches New 'Polished' Zero-Fee NFT Aggregator
In the wake of fierce competition from rival Blur for the top spot, NFT giant OpenSea announced a new aggregator platform that boasts zero fees for a promotional period, advanced order types, as well as 'deepest liquidity, and fastest speeds.' Dubbed 'OpenSea Pro,' the marketplace was previously known as Gem, acquired by OpenSea last April. The mov... read More

March 16, 12:30 pm

Talking Web3 Gaming With Cyber Arena Co-Founder and CEO Nikola Paunovi?
Web3 gaming has undoubtedly been one of the hottest stories over the past couple of years. The advent of non-fungible tokens spurred massive growth in the industry and prompted many people toward what many seem to believe is the gamer's ultimate dream - to earn money while playing their favorite game. This has given rise to the play-to-earn concept... read More

March 12, 7:25 pm

Mac Crypto Trojan Horse Discovered, Apple Chips A Rich Target
Minneapolis-based cybersecurity firm Jamf Threat Labs found a crypto-jacking program well hidden in pirated copies of Apple's Final Cut Pro. Jamf warns Apple chip speed will make Macs increasingly popular targets for malware attacks. In its report, Jamf said: 'During routine monitoring of our threat detections in the wild, we encountered an alert i... read More

February 28, 11:45 pm

Coinbase Launches Nationwide Pro Crypto Policy Campaign
America’s largest cryptocurrency exchange is pulling out all the stops to ensure U.S. policymakers get things right with how they treat the crypto industry. The company has announced Crypto435 – a grassroots initiative to expand pro-crypto advocacy to citizens across all 435 Congressional Districts. Coinbase’s Advocacy Mission As ... read More

February 17, 12:30 pm

Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bit...
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm's fleet.Cleanspark CEO Says Proprietary Mining Model Gives Company Greater Control and Efficien... read More

February 13, 11:30 pm

Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bit...
Bitcoin miner, Iris Energy, announced plans to increase the company's self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain.Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest Mining Expansion Bitcoin mining company, Iris Energy, anno... read More

February 10, 12:00 pm

Bitget Expands Innovation Zone With Priority Access to Exceptional Proje...
PRESS RELEASE. Victoria Seychelles, 2023 – Bitget, the leading global crypto derivative exchange, announces to add AI (Artificial Intelligence), Arbitrum, and NFT zone listings to its Innovation Zone for users who would like to expose their crypto portfolio to related tokens in an early stage. The newly listed tokens will need to be regularly... read More

February 06, 10:15 pm

Ripple CTO Describes XRP Buyback Theory as an 'Awful' Lot of 'Scam'
Should the United States consider making XRP the reserve currency of the world and buy its entire holding from the market?  Well, this speculative idea floated by Jimmy Vallee, Managing Director of Valhill Capital, in 2021 is once again doing rounds after he talked about it in a recent interview.  But Ripple Lab’s CTO David Schwartz... read More

February 03, 4:30 am

US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities.Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit filed in Manhattan by customers of cryptocurrency e... read More

February 02, 9:52 pm

Meta Lost $13.7B on Metaverse Initiative in 2022
Mark Zuckerberg's Metaverse bid proved costly for the company amidst a persistent bear market as Reality Labs lost $13.7 billion in 2022. According to Meta's earnings release, the company's metaverse arm recorded an operating loss of $4.28 billion in the fourth quarter, dragging down its total for the year. Facebook was rebranded as Meta in the fal... read More

January 21, 5:35 am

CleanSpark Kicksoff 50MW Bitcoin Mining Expansion
Bitcoin mining company - CleanSpark - has started the construction of the second phase on a site in Washington, Georgia, that is set to accommodate 16,000 miners. This move is expected to increase its hash rate total to as high as 8.7 EH/s, thereby contributing an additional 2.2 EH/s. In the new phase, the mining machine fleet will include - Antmin... read More

January 05, 9:02 pm

Magic Eden to Reimburse Users Tricked into Buying Counterfeit NFTs
Magic Eden revealed that it will refund all the users who mistakenly bought unverified NFTs that showed up on the collection pages as a result of a recent breach. In a statement, the Solana-based NFT marketplace said that a bug was deployed in an update to two of its features - Snappy Marketplace and Pro Trade tools. As a result, unverified NF... read More

December 31, 7:00 pm

Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profita...
Bitcoin miners have had a challenging year as the network's mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Currently, with electricity costs at $0.07 per kilowatt-hour (kWh), only 18 application-specific integrated circuit (ASIC) bitcoin mining rigs are able to turn a profit at ... read More

December 29, 12:30 am

Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital fo...
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital for $65 million, and the financially troubled business ... read More

December 17, 6:54 am

Bitcoin Backpedals To $16,000 Level As Crypto Market Sheds $50 Billion
In the past 24 hours, Bitcoin has slid beneath the important support level of $17,000 as weekly bears have taken the driver's seat.  The most popular cryptocurrency is presently selling at $16,723, a decrease of 2.5% over the past week. There has been significant selling pressure on the cryptocurrency market as a whole, resulting in a 6% ... read More

November 24, 3:48 pm

Survey Suggests Institutional Investors Still Interested In Crypto
The crypto market is undergoing one of its lowest cycles since the turn of the year. Some crypto forecasts predicted a more positive outlook for the crypto market for November. However, events changed things negatively. The U.S. Federal Reserve (Fed) held onto the rates hike, and FTX's collapse further plunged the market into chaos. After recent ev... read More

November 22, 10:30 pm

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm's...
According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX's turbulent collapse.Coinbase Co-Founder Shares Company's Q3 Shareholder Letter - Says as of Sept. 30, Firm... read More

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