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US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction
17.7.2023
According to a report, the central banks of Ethiopia and Nigeria recently consummated a $100 million currency swap transaction. Under the arrangement, an Ethiopian airliner was paid local currency equivalent to $100 million while Dangote Cement is said to have received a similar amount of nairas....
Is It Too Late to Buy XRP? XRP Price Nearly Doubles in 7 Days and Launchpad XYZ Just Raised $1.1 Million – What Does it Do?
17.7.2023
After years of hard-fought legal struggle against the Securities and Exchange Commission (SEC), Ripple emerged victorious on July 13, following District Judge Torres' ruling that XRP token sales were not investment contracts (securities).
The highly anticipated judgement catalysed explosive price...
Sam Altman-Backed Worldcoin Reaches 2 Million Signups
17.7.2023
Worldcoin, a startup that aims to build the “world’s largest identity and financial network as a public utility,” has reached two million sign-ups. The company, which uses its biometric World ID system to differentiate human beings, stated it has more than doubled the number...
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
16.7.2023
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network...
Weekly NFT Sales Fall 4.33%, Bitcoin Burials NFT Fetches $1.68 Million
16.7.2023
In the world of non-fungible tokens (NFTs), the sales figures have undergone a minor setback this past week, dipping 4.33% from the previous week, pulling in a total of $148.55 million. With Ethereum standing as an exception, four of the top five blockchains known for NFT sales have witnessed...
Last Chance to Get Involved in 2023’s Best Meme Coin Presale – Thug Life Token Raises $1.8 Million, About to Sell Out
15.7.2023
Saturday, 15th July - Meme coin degens hunting for the next small-cap crypto gem to explode are quickly running out of time to get involved in the Thug Life Token presale, which analysts have hailed as one of 2023’s best meme coin presale opportunities.
Despite only launching the presale just over...
Cathie Wood's Ark Invest Sells $53 Million Coinbase Shares Amid Record Highs
15.7.2023
Cathie Wood’s Ark Invest sold 478,356 Coinbase shares valued at $53 million on Friday as the crypto exchange’s stock prices reached a 52-week high.
This is the second time Cathie Wood-led investment management firm offloaded Coinbase shares within a week.
As reported earlier, Ark Invest sold...
Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months
15.7.2023
Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different platforms. Data reveals that Lido Finance dominates...
Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
14.7.2023
Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges...
Is It Too Late to Buy Solana? SOL Price Shoots Up 23% in 24 Hours While AI Crypto Signals Platform yPredict Approaches $3 Million
14.7.2023
Solana (SOL) hit a fresh annual high of $32.13, buoyed by strong positive market movement. SOL's price surged 23.5% in a single day at its peak.
This upward swing, however, was fleeting, as sellers entered the market, exerting downward pressure on the price.
Currently, SOL's trading value stands...
Neo APAC Hackathon Kicks Off at Tokyo GAS Station: Uncovering Local Web3 Talents and Empowering Regional Development
14.7.2023
PRESS RELEASE. Neo, the open-source, community-driven blockchain platform where developers are building the future Smart Economy, today announces the launch of its new APAC Hackathon in partnership with OKX. The event includes a total prize pool of $120,000 for event winners and a post-hackathon...
Bitcoin SV is Going to Zero But Viral Meme Coin Thug Life Just Raised $1.4 Million – Less Than 3 Days Left
14.7.2023
The price of Bitcoin SV (BSV) has dropped by 1% in the past 24 hours, with its fall to $39.29 coming as the cryptocurrency market as a whole enjoys a 5.5% gain today.
This drop comes after Ripple received a positive ruling in its case with the SEC, something which has sent most altcoins much...
Web3 Decentralized Freelancing Platform DeeLance Raises $1.52 Million – Here's How It Can Change Recruitment Forever
14.7.2023
DeeLance, is creating a significant buzz in the crypto space. Its native asset, $DLANCE, has reached a new milestone of $1.52 million presale investment in just a few weeks.
This remarkable achievement is driven by its Web3 technology which aims to revolutionalize the recruitment industry...
Former Celsius CEO Alex Mashinsky Pleads Not Guilty, Bail Set At $40 Million
14.7.2023
A U.S. District Judge has set the bail for the former CEO of Celsius Alex Mashinsky at $40 million.
Mashinsky pleaded not guilty to the fraud charges that he artificially inflated the value of CEL token and misled the customers after he was arrested Thursday....
Read More: Former Celsius CEO Alex...
Sam Altman's Worldcoin passes 2M sign-ups after months of touring
14.7.2023
Worldcoin surpassed two million sign-ups to World ID in less than half the time it took to reach one million
Web3 Coin LPX Raises $1.14 Million After Helping Crypto Users Find the Next Pepe – How Does it Work?
13.7.2023
The Internet's third generation, Web3, often presents complexities that could overwhelm even the most experienced users. With multiple platforms and resources to sift through, managing Web3 activities can be quite challenging. ...
Read More: Web3 Coin LPX Raises $1.14 Million After Helping Crypto...
XRP Falls Short of $1, But This Coin Can Hit $5, Raises $14.5 Million
13.7.2023
Judge Analisa Torres issued a verdict on Thursday saying that US fintech company Ripple Labs did not break federal securities law via its sales of XRP on public exchanges, a huge victory for the firm that sent the price of XRP shooting higher.
XRP/USD was last trading at its highest levels since...
US Government Moves $300 Million Worth of Silk Road Bitcoin – What's Going On?
13.7.2023
The US government has moved its Silk Road Bitcoin (BTC) reserve, stirring up speculations about whether it plans a sale of the assets.
On Wednesday, the Department of Justice (DOJ) transferred $300 million worth of BTC to new addresses in a series of transactions, according to data from...
FTX Bankruptcy Case: Lawyers Seek $323.5 Million Recovery from FTX Europe Leadership
13.7.2023
FTX lawyers have filed a court motion seeking the recovery of $323.5 million from the leadership of FTX Europe, which includes Patrick Gruhn, Robin Matzke, Brandon Williams, and Lorem Ipsum UG.
According to court filings submitted on Wednesday, the lawyers allege that the FTX Europe leadership...
Get Protocol Secures $4.5 Million Funding to Disrupt Ticketing Industry with NFTs
13.7.2023
Non-fungible token (NFT) ticketing firm Get Protocol has secured $4.5 million in new funding to create an alternative to companies like Ticketmaster.
The funding was secured from investors despite a current fundraising environment described by CEO Maarten Bloemers as “absolute hell” following last...