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Former FTX Law Firm Denies Role in Collapse; Challenges Allegations as ‘Fatally Deficient’ in Court Motion
26.9.2023
San Francisco-based law firm Fenwick & West LLP is denying allegations from FTX founder Sam Bankman-Fried that the firm provided legal advice enabling the alleged fraud that led to the cryptocurrency exchange’s collapse. In a recent court filing, Fenwick & West asserts the allegations...
Liquid Staking Platforms Zoom Past 12 Million ETH With an Addition of 370,000 Ether in 5 Days
25.9.2023
In just five days, liquid staking platforms saw a surge of 370,000 ether in their ethereum holdings, breaching the 12 million ETH mark—rising from 11.94 million to a notable 12.31 million. Interestingly, Binance’s liquid staking token, WBETH, was the powerhouse behind this growth...
Interest in Dai (DAI) and Arbitrum (ARB) is falling while Shiba Budz (BUDZ) presale rises to the top
25.9.2023
With new tokens and initiatives appearing daily, the cryptocurrency industry is continuously changing. Shiba Budz (BUDZ) is one such project that received much attention. Shiba Budz, an ERC20 token built on the Ethereum blockchain, seeks to revolutionize the cannabis business by offering...
Vitalik Buterin Shifts 400 Ether to Coinbase: Ethereum Co-Founder Moves $3.79M in 10 Days
25.9.2023
Blockchain metrics indicate that an Ethereum-linked address tied to co-founder Vitalik Buterin transferred 400 ETH to Coinbase on September 24. Spotonchain’s data shows that over a ten-day stretch, Buterin’s address funneled a cumulative 2,421 ETH to mainstream exchanges. Address...
Tron Founder Justin Sun Says HTX Exchange Hacked, Loses 5,000 ETH
25.9.2023
According to several posts on the social media platform X written by Tron founder Justin Sun, the crypto exchange HTX (formally Huobi) was hacked for 5,000 ether. Despite the loss, Sun contends that user funds on the exchange are safe and the “platform is operating completely...
Hottest tokens gems of August: Flow (FLOW), EOS (EOS), and Shiba Budz (BUDZ)
25.9.2023
As we enter the month of August, three tokens have captured the spotlight as the hottest token gems: Flow (FLOW), EOS (EOS), and Shiba Budz (BUDZ). These tokens have gained significant traction and are poised to make a splash in the crypto market. In this article, we will delve into the features...
Decade-Old ‘Sleeping Bitcoins’ Awaken: $8 Million Moved From 2012 Addresses
25.9.2023
In 2023, there’s been a marked uptick in activity from so-called ‘sleeping bitcoins’ that date back to 2012. After eight transactions totaling 520 BTC from 2012 spent four days ago, an address from 2012 moved 149.99 BTC at block height 809,204 on Sunday afternoon. The wallet...
Shiba Inu makes a recovery after hitting a near-term low
25.9.2023
Shiba Inu was near its lower point in this term, with the value hitting $0.000007195 on September 21, 2023. The token appears to be back on track with a high of $0.00000757 after its buying activity drew $123,205,529 to mark an 80% improvement in the last 24 hours. The token value mentioned...
Binance exit aftershock: Can one resignation tip the crypto trust scales?
25.9.2023
The announcement of yet another top figure departing Binance coincided with an increased outflow of funds from the crypto platform. But can one executive resignation really have such an impact?
Will Shiba Budz (BUDZ) Dethrone Shiba Inu (SHIB) and Take off to the Moon
25.9.2023
PRESS RELEASE. New cryptocurrency initiatives are continuously arising, each with its own distinct value proposition and room for expansion. Shiba Budz (BUDZ), one such effort, has recently gained attention. Shiba Budz (BUDZ), positioned as the utility meme world’s next big thing, intends...
Decentralized Exchange Mixin Kernel Confirms Hack on Its Platform Involving Approximately $200M
25.9.2023
Mixin Kernel confirmed on Sept. 25 that it was the victim of a hacking attack which had resulted in the loss of assets on the mainnet. The decentralized exchange said it has since suspended deposit and withdrawal services and only expects to restore normal services once a probe into the incident...
Latam Insights: Bitcoin Farm Found at Venezuelan Jail, Bill Protecting Crypto From Seizure Advances in Brazil
25.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: a Bitcoin mining farm is discovered during a raid on a Venezuelan jail, a bill that protects crypto from seizure advances in Brazil, and the Chilean police...
Ethereum, Dogecoin, and Bitcoin Spark: A comparative guide to cryptocurrency investments
25.9.2023
Ethereum (ETH), Dogecoin (DOGE), and Bitcoin Spark (BTCS) have been regarded as great cryptocurrency investments. So, let’s explore their potential. Ethereum staking With the transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism, Ethereum holders can...
Arrington resigns from the Board of Directors of Celsius
25.9.2023
The founder of Arrington Capital, Michael Arrington, has made an exit from the company’s board, and in his place, Ravi Kaza will be moving in. Ravi Kaza is with Fahrenheit Holdings, the group that took over Celsius’ assets in May 2023. Arrington Capital is situated in Delaware, and it...
RockX and Cactus Custody unite to boost institutional crypto staking
25.9.2023
RockX, a provider of staking solutions, has established an exclusive partnership with Cactus Custody, the parent company of Matrixport. Through the collaboration, both parties will work to streamline and improve the staking procedure for the advantage of mainline financial institutions in terms...
Coinbase Registers as Crypto Exchange and Wallet Provider in Spain
25.9.2023
U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local licenses and tailoring products for specific markets....
Cardano will thrive in future bull markets: ADA whale acclaims
25.9.2023
The cryptocurrency market has been a hotbed of innovation and opportunity, with various blockchain platforms vying for supremacy. One such blockchain that has garnered significant attention is Cardano (ADA). Cardano houses an autonomous token economy worth billions, attracting the interest of both...
Tether approves $1 billion USDT boost for Tron network’s liquidity
25.9.2023
Considering a monumental move in full swing to support and strengthen the Tron network’s liquidity, Tether, the predominant stablecoin provider, approves $1 billion USDT. This vital collaboration between Tether and Tron is expected to redefine and turn around the cryptocurrency landscape....
British Law Firm to Sue Onecoin Cryptoqueen to Recover Investor Funds
25.9.2023
A London-headquartered law firm is preparing a lawsuit against the fugitive mastermind of the Onecoin crypto pyramid scheme, ‘Cryptoqueen’ Ruja Ignatova. Its lawyers intend to file a class action suit in the United Kingdom’s High Court, the British press revealed. Fugitive Cryptoqueen May Face U.K....
Is Bitcoin Cash better than Bitcoin?
25.9.2023
Technology has encountered giant leaps in the recent past, manifesting its significance in every walk of life. The finance realm is no exception! With a vast expanse of cryptocurrency sprouted late, this article presents a comparative analysis between Bitcoin (BTC) and Bitcoin Cash (BCH). The idea...