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Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

Bitcoin Wallet Linked to Satoshi Nakamoto Era Shows Activity: Is Satoshi Moving Coins?

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Yesterday, reports emerged indicating that a Bitcoin wallet dating back to the “Satoshi Nakamoto era” had been activated. Satoshi Nakamoto is the pseudonymous individual credited with creating Bitcoin, who mysteriously disappeared in 2011. The Bitcoin wallet from Satoshi Nakamoto’s early years Yesterday’s news revolves around the Bitcoin address 15WZNLACuvcDrrBL2btDErJggnaMQtHh5G. The wallet associated with this address, … Read more

Institutional Bold Bet: Susquehanna Invests $1.1 Billion in Spot Bitcoin ETFs

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Susquehanna International Group, a major player in asset management, has recently disclosed a significant investment in Bitcoin through various exchange-traded funds (ETFs).  According to a filing with the Securities and Exchange Commission (SEC) on May 7, Susquehanna held approximately $1.2 billion worth of spot ETFs in the first quarter of 2024. The size and diversity … Read more

WBTC Thief Scatters $71M Loot Across Various Crypto Wallets

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After six days of inactivity, stolen cryptocurrency funds associated with a recent $71 million wallet impersonation scam have started to move. The incident occurred on May 3 when an investor transferred $71 million worth of Wrapped Bitcoin (WBTC) to a fraudulent wallet address. The scammer utilized a bait wallet address with similar alphanumeric characters, tricking … Read more

Short-Term Bitcoin Price Forecast: Will BTC Revisit $70K in the Near Future?

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A well-known crypto market analyst has explored the potential for Bitcoin to reach $70,000 again in May. Bitcoin has been trading in a narrow range above $60,000 since May 3, but this analyst sees the possibility of a return to the $70,000 level this month, a price not seen since April 12. Adrian Zduńczyk, also … Read more

LocalMonero and AgoraDesk Cease Operations: Users Encouraged to Reclaim Funds

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The team behind peer-to-peer trading platforms LocalMonero and AgoraDesk recently announced the closure of both platforms. Citing a combination of internal and external factors, they declared that trading of the privacy-focused Monero token would cease on May 14. New signups and Monero advertisements have also been disabled. AgoraDesk communicated the decision via X on May … Read more

Meme Coins Surge 74,000%: Investors Favor Country Coins Pre-Olympics Bet

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A notable trend has emerged within the world of meme coins, where investors are showing a newfound interest in country-themed tokens in anticipation of the upcoming Paris Olympics.  These niche digital assets, such as “American Coin” (USA) and “China Coin” (CHINA), have collectively amassed a market capitalization of nearly $117 million, with trading activity totaling … Read more

NBA, Football, and NASCAR Stars Settle $2.4M Voyager Promo Lawsuit

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Three notable American sports figures have agreed to collectively pay $2.42 million to resolve allegations related to their involvement in promoting the failed cryptocurrency exchange Voyager Digital. According to a class action settlement filed on May 3, retired NFL star Rob “Gronk” Gronkowski will contribute the largest share, amounting to $1.9 million. NBA player Victor … Read more

SEC’s Final Brief Takes Another Shot at Ripple: Key Details Revealed

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The Securities and Exchange Commission (SEC) has submitted its final brief in the ongoing legal dispute with Ripple Labs, accompanied by supporting exhibits. This filing represents a crucial moment in the litigation as it precedes Judge Torres’ impending ruling on remedies. Bill Morgan, a prominent pro-XRP lawyer, offered a detailed analysis of the SEC’s final … Read more

Asian Crypto Venture Firms Collaborate to Launch $128M ETF Liquidity Fund in Hong Kong

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Three Asian-based companies have collaborated to introduce Hong Kong’s inaugural ETF liquidity fund, valued at approximately HK$1 billion (equivalent to about $128 million), as per a statement released on Wednesday. LD Capital, Antalpha Ventures, and quant trading firm Highblock have partnered to provide the market-making service. Their objective with the liquidity fund is to enhance … Read more

Exploring Standard Chartered’s Insights: How Donald Trump’s Victory Might Benefit Cryptocurrency

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Standard Chartered suggests that Bitcoin and other cryptocurrencies may experience a positive trend during Donald Trump’s administration, potentially leading to a bullish period. As the 2024 US presidential election approaches, there’s significant speculation in the crypto market regarding how Trump’s potential re-election could influence it. Is Donald Trump Still a Supporter of Crypto? During his … Read more

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