Search
Bankman-Fried Requests Court’s Approval for a Mystery List of Visitors to Drop by Without Security
15.7.2023
In a legal document lodged on July 13, 2023, Sam Bankman-Fried, the former chief executive officer and founder of FTX, expressed his desire for his “close friends” to drop by his parents’ residence “without the need for a security guard to be present.” The plea from Bankman-Fried...
XRP’s Rise Causes Ripple of Gains in Crypto Economy
14.7.2023
Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%. Ripple Labs...
Bitcoin's Optimism Fades as Turmoil and Interest Rates Present Challenges
10.7.2023
Bitcoin (BTC) fell lower over the course of last week, as optimism faded among market participants in the face of potentially higher interest rates in the US.
The price of the number one cryptocurrency have largely been in an uptrend since news broke that the world’s largest asset manager...
SEC to present response to Coinbase’s legal defense on July 13
30.6.2023
The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24
Anticipation Builds as US Central Bank Eyes Two More Rate Hikes, Targeting 5.6% by Year-End
20.6.2023
After the U.S. central bank refrained from boosting interest rates last week, investors now anticipate two more hikes that may elevate the federal funds rate to 5.6% by the year’s end, climbing 50 basis points (bps) from its present level. CME’s Fedwatch tool indicated on Tuesday that...
TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins
20.6.2023
Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment...
Slow Food: Kenny Schachter reflects on blockchain art’s past, present and future
19.6.2023
NFTs might never boom at quite the same pitch they once did. With his first solo show in 25 years, Kenny Schachter sought to demonstrate how that’s a good thing
Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months
28.5.2023
In the past 21 months following Ethereum’s London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute. Standing out as a prominent participant in the burn process since August...
SDM Financial to Present Informative Webinar on Digital Asset Derivatives for Miners, Funds, and HNWIs
16.5.2023
PRESS RELEASE. SDM Financial is thrilled to announce an upcoming webinar focused on digital asset derivatives, taking place on Tuesday, May 23, 2023, at 10:30AM EDT. The webinar is tailored to provide digital asset mining firms, crypto-focused funds, and digital asset investors with valuable...
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
9.5.2023
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
28.4.2023
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem...
Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million
24.4.2023
Based on present data, within the last four months, a mere three block rewards from the year 2010 have been transferred after 13 years of dormancy. This is due to the fact that dormant wallets from that era are becoming a rarity to behold. The latest expenditure of a 2010 block took place on April...
Musk to Launch ‘Truthgpt,’ Says Microsoft-Backed Chatbot Is Trained to Lie
19.4.2023
Tech investor Elon Musk intends to develop an artificial intelligence (AI) platform that will be “truth-seeking” and safe for mankind. Admitting he is starting late, the billionaire nevertheless vowed to try to present a “third option” that will challenge the products of giants Microsoft...
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
19.4.2023
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether...
Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ Recession
14.4.2023
Economist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It’s going to get much much worse if you are going to try to dismiss it,” he stressed. Citing the Federal Reserve’s recession forecast, he warned: “Normally...
BLUR Token Plummets Over 28% in March, Despite Blur’s Dominance in NFT Sales Market
3.4.2023
While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than 88% since the crypto asset’s all-time high...
U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan
24.3.2023
Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said
Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain
22.3.2023
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% Higher...
Dogecoin Network's Patched Bug Is Still Present in 280 Blockchains, Blockchain Security Firm Says
14.3.2023
The bug pertains to the way peer-to-peer communications are conducted on blockchain networks, such as Litecoin and Zcash
Lego Prepares a Metaverse Collaboration With Epic Games to Target Digital Markets
10.3.2023
Lego, the Danish toy company famous for its colorful plastic bricks, expects to diversify its entertainment offerings portfolio, targeting the metaverse. The company is preparing to present a virtual world in partnership with Epic Games, the gaming engine company, to continue increasing its market...