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US-Based Bitcoin Focused Startup Fedi Raises $17 Million in Series A Funding Round
6.5.2023
Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating system.”...
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
6.5.2023
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher...
Major Media Outlets Seek Release of 9 Million FTX Customer Names Despite Scam Fears – What's Going On?
5.5.2023
Major media outlets such as The New York Times, The Financial Times, and Bloomberg have asked the court in FTX’s bankruptcy case to hand over a list containing the names of millions of FTX customers.
In total, the lists the media outlets are asking to get access to contains the names of some...
Bitget Crypto Exchange Invests $10 Million in Blockchain4Youth to Boost Web3 Education Globally
5.5.2023
Crypto exchange Bitget announced the launch of a Web3-focused corporate social responsibility (CSR) project, with plans to invest millions in nurturing young talent for the future of crypto adoption.
The project, called Blockchain4Youth, "aims to create a blockchain future by empowering...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Is Now the Best Time to Buy SHIB?
5.5.2023
The Shiba Inu price has dropped by 1% in the past 24 hours, falling to $0.00000993 as the cryptocurrency market suffers a similar but smaller dip.
SHIB's price means it has dropped by 3% in the past week and by 11% in the last 30 days, while the meme token has gained by 22% since the beginning...
Trader Predicts the Shiba Inu, Pepe & Wojak Price Explosion, Makes $1 Million Profit
5.5.2023
Twitter crypto analyst @lookonchain tracked one account that is really good at buying meme coins early, and the right ones.
Not only did the crypto expert make over a million dollars profiting from the Shiba Inu bull run back in 2021 - and still holds some of that SHIB - he's been holding PEPE...
Former Coinbase CTO Loses $1 Million Bitcoin Bet, Warns About US Hyperinflation
4.5.2023
Coinbase’s former chief technology officer Balaji Srinivasan has settled his bet from March that Bitcoin would reach $1 million in just 90 days, while warning the public that he still believes hyperinflation is coming.
“I just burned a million to tell you they're printing trillions,” Srinivasan...
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
4.5.2023
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...
BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million
3.5.2023
As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garnered substantial attention in the past week. With 10,487 BRC20 tokens built using...
Global Law Enforcement Agencies Dismantle Darknet Marketplace Monopoly Market, Arrest 288 and Seize $53.4 Million
3.5.2023
On May 2, 2023, Europol announced a collaborative effort between law enforcement agencies from the U.S., Europe, the U.K., and Brazil culminated in 288 arrests, along with the confiscation of 850 kg of illegal drugs, 117 firearms, and $53.4 million in cash and cryptocurrencies. This joint venture...
FTX Investor Temasek Bets $10 Million On New Scalable Algorithmic Currency – Here’s How It Works
2.5.2023
Temasek, a Singapore government-owned firm, is doubling down on its crypto investment strategy with a $10 million injection into Array, a new scalable algorithmic currency that utilizes artificial intelligence and smart contracts.
Despite suffering significant losses through its exposure to...
Dogecoin Price Prediction: Can Doge Hit $1? Not Before AiDoge Raises $1 Million
1.5.2023
Dogecoin price rejection from highs around $0.0952 could spell doom for investors this week unless support at $0.075 remains intact. The largest meme coin, boasting nearly $ 11 billion in market capitalization is trading at $0.0786, down 3% on Monday.
Elon Musk’s most beloved cryptocurrency is...
Anonymous Facebook Page Tips Love Hate Inu As Best Crypto To Buy Now & Potential Next Shiba Inu To 11 Million
1.5.2023
The popular Facebook page Anonymous has posted the massive gain of a Shiba Inu investment that changed $8,000 to $5.7 billion ROI.
The activist speculated that a recently trending meme coin, Love Hate Inu, might be the next asset with such growth potential. Notably, Anonymous made this...
XRP Price Prediction as $800 Million Trading Volume Sends XRP into the Green – Are Whales Buying
1.5.2023
The world’s leading cross-border money transfer token, XRP, is bleeding for the third day in a row. Despite its 24-hour trading volume surpassing $800 million, XRP is down 2.1% and trading at $0.4654 on Sunday.
Support at $0.46 remains imperative to the resumption of the uptrend, otherwise,...
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap
30.4.2023
Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to...
NFT Sales Drop for Second Consecutive Month After Record-Breaking Start to 2023
30.4.2023
Sales of non-fungible tokens (NFTs) have declined by 5.76% over the past 30 days, according to the latest NFT sales statistics. The data reveals that the sales figure stood at $732.13 million in April, which is $44.75 million lower than the $776.88 million recorded in March. NFT Sales Decline...
Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade
30.4.2023
Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then...
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
30.4.2023
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto...
Report: Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges
29.4.2023
According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding Digital Asset Platforms The Kenyan Treasury has said it will start levying taxes...
Bungie Wins $12 Million In Destiny 2 Anti-Cheat Lawsuit
28.4.2023
As Bungie continues on its warpath against Destiny 2 cheaters, the studio has won $12 million in the lawsuit against Romanian cheat seller Mihai Claudiu-Florentin that began back in 2021.Read more