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Shiba Inu Price Prediction as $420 Million Trading Volume Surges In, Yet Whales Are Eyeing Another Coin for 10x Gains
5.4.2023
Shiba Inu (SHIB), the world’s second-largest dog-inspired meme coin by market capitalization after Dogecoin that lives on the Ethereum blockchain as an ERC-20 token, has been consolidating in the $0.000011-0.00001150 area in the last few days.
SHIB has failed to keep pace with a rapid surge...
Bitcoin, Ethereum Technical Analysis: BTC Moves Above $28,500 as ETH Nears $2,000
5.4.2023
Bitcoin broke out of a resistance level of $28,500 on April 5, as crypto markets continued to react to economic data from the United States. Job openings in the U.S. fell below 10 million for the first time since 2021, which comes as employers began to reduce hiring efforts. Ethereum moved closer...
Swiss Government-Owned Bank to Grant 2.5 Million Users Crypto Capabilities via New Partnership – Crypto Adoption on the Rise?
5.4.2023
Major Swiss bank PostFinance has partnered with digital asset services provider Sygnum Bank to offer cryptocurrency trading and storage services for its customers.
As part of the partnership, the Swiss state-owned bank will provide its 2.5 million customers access to buy, sell, and store Bitcoin...
US Justice Department Seizes Cryptocurrency Worth $112 Million in ‘Pig Butchering’ Crackdown
5.4.2023
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accounts were allegedly “used to launder proceeds of various...
Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder
5.4.2023
Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South...
Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses
4.4.2023
On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and seized various crypto tokens, such as 7,460 wrapped...
Solana Price Prediction as $500 Million Trading Volume Floods In – SOL Pump Incoming?
4.4.2023
The SOL token, which powers the Solana smart contracts ecosystem, is currently trading at $20.00, 60% above the lowest price point in 2022, and 30% above the lows experienced in March 2023, indicating a significant upward trend....
Read More: Solana Price Prediction as $500 Million Trading Volume...
Polytrade raises $3.8 million to expand international trade
4.4.2023
Polytrade, a Web3 protocol for worldwide commerce, has successfully raised $3.8 million. This was made possible through a seed fundraising round in which Alpha Wave, as well as Matrix Companions, CoinSwitch Ventures, and Polygon Ventures took an active role and made considerable contributions....
BitKeep Wallet hits 10 million users driven by successful Arbitrum airdrop
3.4.2023
In March, the platform claimed to have successfully onboarded over 560,000 new users
Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now
3.4.2023
On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of...
‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’
2.4.2023
Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended multi-year recession” and his decision to dump...
The Rapid Rise of IXFI Exchange – Now the World’s Biggest Buy Crypto Platform
1.4.2023
PRESS RELEASE. Zurich, Switzerland, April 1st, 2023 – Since its launch at the end of 2021 by founders Cristian Andrei, Shailesh Rajput, and Alexandru Badoi, IXFI has attracted nearly 9 million unique visitors and over 350,000 active platform users. The IXFI app has ranked among the top...
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
1.4.2023
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves...
Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March
31.3.2023
In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth...
Non-Fungible Token Sales Slid 31% Lower in March With $882 Million in NFT Sales
31.3.2023
According to statistics, the number of non-fungible token (NFT) sales in March was 31.42% lower than the previous month, dropping from $1.03 billion in sales for February to $882.89 million. The number of NFT buyers and transactions also declined, by 22% to 29%, over the last 30 days. March...
Crypto Wallet Maker Ledger Raises $109 Million in Latest Funding Round – Is the Bull Market Back?
31.3.2023
Major crypto wallet maker Ledger announced its Series C funding round, raising $108.8 million.
Chairman and CEO of the Paris-based company, Pascal Gauthier, announced the round on Thursday, saying that both the long-term investors as well as some new ones participated in the round....
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Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions
31.3.2023
The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for...
SEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives
31.3.2023
The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto trading platform Beaxy and its executives. Additionally, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering and “misappropriated...
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
30.3.2023
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover...
Hong Kong-Based Fund Set to Raise $100 Million for Web3 Startups Amid City's Crypto Revamp
30.3.2023
A new Hong Kong-based fund is set to raise $100 million to invest in crypto companies as the city is accelerating toward its goal of becoming a global crypto hub with a more friendly regulatory stance.
The ProDigital Future Fund has already secured $30 million in commitments from major Asian...