Search
DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal
21.11.2023
The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $4.3 billion to settle with the law enforcement authority. This significant development...
Africa-Focused Remittances Fintech Zazuu Shut Downs After Failing to Secure Additional Funding
21.11.2023
An Africa-focused remittances firm, Zazuu, has become the latest fintech startup to close shop after it failed to raise extra funding. Zazuu and other African fintechs’ funding problems are said to be linked to the collapse of Silicon Valley Bank in the U.S. Zazuu Shuts Down Just Over a Year...
Is Avalanche Going to Zero? AVAX Price Suffers 8% Fall as New Mining Protocol Raises $2.4 Million
21.11.2023
Layer-1 blockchain Avalanche has seen native AVAX price tumble -8% in an ongoing retracement following a local rally top, but with price pushing down is Avalanche going to Zero? The impressive Avalanche rally has seen price climb +180% rapidly over the past month after being triggered by...
Bittrex Global is winding down its operations
21.11.2023
Bittrex Global has announced that it will wind down its operations effective December 4, 2023, at 18:00 UTC. The venture has urged its users to log in to their accounts and withdraw funds as soon as possible. That is the last date and time for customers to trade assets, following which...
FTX-Linked Anthropic Declines OpenAI’s Merger and Leadership Offer
21.11.2023
Source: OpenAI / Anthropic Amid leadership changes at OpenAI, Anthropic, backed by FTX, has turned down an offer to merge and take on a leading role, according to The Information. The Information reports that after OpenAI’s board fired the former CEO Sam Altman, the company approached its rival...
Crypto Exchange Bittrex Global to Shut Down
21.11.2023
All trading on the platform will be disabled on Dec. 4, several months after Bittrex's U.S. arm filed for bankruptcy and stopped operations
Bittrex Global to Halt All Trading in December as it Winds Down Operations
21.11.2023
Source: ShutterStock Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks. Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users...
Bittrex Global announces all trading will be disabled as it winds down operations
20.11.2023
The announcement came roughly nine months after U.S.-based crypto exchange Bittrex said it would shutter operations in response to the country’s regulatory environment
505 of 700 OpenAI Employees Demand Board Resign Following Sam Altman Firing, Threaten to Walk
20.11.2023
505 OpenAI employees have signed a letter demanding the board of directors at the artificial intelligence company step down following the sudden ousting of co-founder, Sam Altman, on Friday. Over 500 OpenAI employees threaten to walk Kara Swisher, a podcaster for New York Magazine, tweeted...
Shiba Inu Price Prediction as $100 Million Trading Volume Comes In – Is the Meme Coin Starting a New Bull Trend?
20.11.2023
The Shiba Inu price has risen by 2% in the past 24 hours, moving to $0.00000864 on a day when the cryptocurrency market as a whole makes a similar gain. SHIB is now down by 2% in the past week, yet recent market gains have helped the meme token hold onto a 5% increase in […]
The post Shiba...
Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge
19.11.2023
It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a substantial number...
CZ Reveals Client Execs Kidnapped, Hive Increases Mining Power, Blackrock on ETH ETFs — Week in Review
19.11.2023
Changpeng Zhao, the CEO of leading crypto exchange Binance, recently revealed that executives of a Binance client were kidnapped and shaken down for their crypto holdings. In other news, Vancouver-Based Hive Digital has increased its mining power and Blackrock has weighed in on the topic...
Nigeria’s Fintech Startup Paystack Cuts Workforce, 33 Employees to Depart
18.11.2023
The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere....
South Africa Becomes the Sole African Nation to Adopt Crypto-Asset Reporting Framework
18.11.2023
South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the South African Revenue Collector, the reporting framework is expected to improve its “ability to ensure tax compliance and clamp down...
Sam Altman’s Departure from OpenAI Triggers a Sharp Decline in Worldcoin’s Value – What’s Going On?
18.11.2023
Source: A screenshot, worldcoin.org The recent announcement of Sam Altman‘s departure from OpenAI has triggered a sharp decline in the value of Worldcoin’s WLD token. At the time of writing, WLD is trading at $1.86, down by more than 13% over the past day, according to data from...
Openai Shakeup: Sam Altman Out as CEO, Worldcoin’s WLD Plunges
18.11.2023
Following the announcement by Openai, a firm dedicated to artificial intelligence (AI), that Sam Altman is stepping down, Worldcoin, a crypto venture backed by Altman, experienced a 13.5% decline in its native asset WLD compared to the U.S. dollar. Openai, in an open letter addressed to the public...
Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto
17.11.2023
Cardano Price Prediction: Technical Analysis Supports a Rise to $0.50 – What’s Fueling This Optimism?
17.11.2023
Cardano (ADA) Chart / Source: TradingView Cardano (ADA) is pulling back on Friday after hitting its highest level since April on Thursday near $0.41 per token. ADA was last changing hands around $0.36, about 11% down versus weekly highs, but is still holding onto impressive gains of around 50% from...
Terra Luna Classic Price Prediction as Binance Announces Support for New Network Upgrade – Can LUNC Reach $1?
17.11.2023
Terra Luna Classic (LUNC) Chart / Source: TradingView Terra Luna Classic (LUNC) is pulling lower on Friday, despite the world’s largest cryptocurrency exchange Binance announcing that it plans to support a new network upgrade. The LUNC price was last around $0.000077, down around 20% from the highs...
Bitcoin Price Prediction as BTC Dips 2.7% to $36,000 Level – Here are Key Levels to Watch Now
17.11.2023
In the ever-fluctuating world of cryptocurrencies, Bitcoin (BTC/USD) has recently witnessed a notable dip of 2.7%, bringing it down to the pivotal $36,000 level. This movement marks a crucial juncture for investors and traders alike, who are now keenly observing the market for potential shifts...