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Thai Crypto Exchange Zipmex's $100 Million Bailout Stumbles as Payment Missed
24.3.2023
Troubled crypto exchange Zipmex's $100 million bailout deal is in jeopardy as the exchange has not received its latest payment due March 23.
The exchange was slated to receive $1.25 million on Thursday as part of its $100 million acquisition deal with V Ventures, a subsidiary of Thoresen Thai...
ARK Buys the Wells Dip With $17.7 Million COIN Purchase
24.3.2023
Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission
Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%
23.3.2023
On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed....
Sushi DAO to Set up Defense Legal Defense Fund; Project Receives Unspecified US SEC Subpoena
23.3.2023
Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to defend itself from legal actions against...
German Government Invests $1.2 Million in Metaverse Startup Flying Sheep Studios
23.3.2023
The German government has allocated $1.2 million in funding for a metaverse game being developed by Flying Sheep Studios. The company, based in Cologne, will use the funds for the development of a game called Star Life, which will also include blockchain elements in the form of non-fungible tokens...
Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi
23.3.2023
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget...
Deadly Call Of Duty Police Killing Settles For $5 Million Years Later
22.3.2023
On the night of December 28, 2017, police killed Andrew Finch, a 28-year old father of two, shortly after appearing outside his home in Wichita, Kansas. They were there in response to a swatting hoax called in over a $1.50 Call of Duty bet Finch wasn’t even involved in. Five years and a long legal...
Bitcoin Outflows Surge to $95 Million: CoinShares Report Reveals Alarming Trend – Find Out More Here
21.3.2023
Outflows from investment funds backed by bitcoin (BTC) rose sharply last week, despite a massive increase in the spot price of the cryptocurrency.
The outflows from bitcoin funds for the week reached $112.8 million, marking slightly improved investor sentiment compared to the week before when...
Harvest Keeper AI Crypto Scam Siphons $1 Million from Unsuspecting Investors – Here's What Happened
21.3.2023
In an audacious cyber heist, $1m worth of cryptocurrency was brazenly stolen from the AI-powered trading dApp Harvest Keeper.
The theft took place at 4 pm (UTC) on March 17, as cyber thieves took advantage of a privileged 'getamount' function to loot $709k in user-deposited USDT.
Bearing all...
Dogecoin Price Prediction as $500 Million Trading Volume Comes In – Are Whales Buying?
21.3.2023
The Dogecoin price has dropped by 2.5% in the past 24 hours, falling to $0.072580 as the wider cryptocurrency market suffers a 1% decline.
At $0.071741, DOGE has dropped by 2% in the past week and by 19% in the last 30 days, although the meme token is up by a very modest 2.5% since the start...
Argentine Tax Authority AFIP Detects Irregularities in 184 Digital Wallet Tax Statements
21.3.2023
The Argentine tax authority (AFIP) is increasing its scrutiny when it comes to digital wallets. The institution recently revealed it found irregularities in at least 184 tax statements that include digital wallets and cryptocurrencies. These taxpayers did not include their wallet holdings as part...
Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees
19.3.2023
According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66...
Nigerian Fintech Flutterwave Obtains Two Licenses From Rwandan Central Bank
19.3.2023
Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Bank of Rwanda, which allow it to offer its services to more than 13 million people living and working in Rwanda. According to Flutterwave’s representative in the country, the two licenses...
Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days
19.3.2023
Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a...
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
17.3.2023
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed. Stablecoin...
Ex-Ledger Chief of Staff manages to raise $2-3 million
17.3.2023
The Ex-Chief of Staff, Jean-Michel Pailhon, has managed to raise for himself the amount of $2-3 million from soft commitments that have been made by private bankers, as well as family offices. However, the total amount that he actually requires to raise happens to be $25 million. This is...
XRP Price Prediction as $900 Million Trading Volume Comes In – Are Whales Buying Before the Ripple Lawsuit Conclusion?
17.3.2023
The XRP price has increased by 2.5% in the past 24 hours, rising to $0.375464 amid a 5% gain for the cryptocurrency market as a whole.
Its current price equals a 0.5% gain in the past week, although the altcoin is also down by 2% in the past month, while it's up by 10% since the beginning of 2023....
Wallet Addresses Linked to $200 Million Euler Exploit and Axie Infinity Hack Mysteriously Interact – Are North Korean Hackers Involved?
17.3.2023
Wallet addresses associated with the exploit of Euler Finance and last year's hack of Axie Infinity’s Ronin Network have interacted, stirring up speculations that North Korean hackers might also be behind the recent attack on Euler.
Blockchain data shows that an address controlled by Euler...
Bitcoin Adds Nearly 1 Million Non-Zero Addresses in Under 1 Month – What Positive On-chain Trends Mean for the BTC Price
17.3.2023
In less than one month, the Bitcoin network has added nearly one million wallets that hold a non-zero balance. According to data presented by Glassnode, in late February, the number of non-zero wallets on the network dipped from around 44.2 million to around 43.8 million by February the 23rd....
SEC Accuses Chinese Businessman with Ties to Donald Trump Advisor of Orchestrating $500 Million Crypto Fraud – What's Going On?
16.3.2023
The Securities and Exchange Commission (SEC) has charged the exiled Chinese business tycoon Miles Guo with fraud related to crypto and other assets.
The charges from the SEC relate to the sale of what is referred to as “unregistered and fraudulent offerings,” which raised more than $850 million...