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Report: Binance’s Decision to Airdrop $3 Million to Morocco Earthquake Victims via BNB Token Criticized
16.9.2023
Cryptocurrency exchange Binance has been criticized for pledging to help victims of Morocco’s devastating earthquake by airdropping its native crypto token. According to Action on Armed Violence’s Iain Overton, people affected by the earthquake are only interested in getting immediate...
Bankman-Fried’s House Arrest Writings Reveal Inner Turmoil, Blame Game in FTX Collapse
16.9.2023
According to more than 250 documents sent to the media, the disgraced co-founder of FTX, Sam Bankman-Fried, said he feels like “one of the most hated people in the world.” The former CEO of the now-defunct crypto exchange further noted in his statements that “there will probably never be anything...
Ethereum’s Liquid Staking Platforms See $1B Influx in 20 Days, Nearing 12M ETH Milestone
15.9.2023
Over 20 days, 640,000 ETH valued at just over $1 billion was added to liquid staking derivatives platforms. Additionally, the amount of ether staked in such protocols is approaching 12 million, with 11.97 million total value locked (TVL) as of September 15, 2023. Ethereum Staking Platforms Race...
SEC reverses decision on sealing, redacting some documents in Binance.US case
15.9.2023
The documents filed Aug. 28 may be seen by the public in a week. They are not all the sealed documents in the case, however
Crypto Exchange Coinex Pens an Open Plea for Dialogue With the Hacker
15.9.2023
On September 12, 2023, Coinex was hacked, losing an estimated $54 million after hackers removed significant amounts of BTC, ETH, TRX, and other tokens. Three days later, Coinex released an open letter to the hackers, hoping to “build a sincere and open channel of communication.”...
New Report: Sam Bankman-Fried's Father Played a Key Role in FTX's Cryptocurrency and Legal Defense
15.9.2023
Sam Bankman-Fried's father, Joe Bankman, played a significant role in advising FTX, the cryptocurrency exchange that faced controversy leading to its downfall.
Joe Bankman, a law professor at Stanford University, had a more involved role in FTX operations than previously known, according...
Bitcoin looks like it’s picking up as price increases – But Bitcoin BSC looking even better
15.9.2023
The crypto market has been having a bit of a tough time, but there’s some hope on the horizon. Bitcoin looks like it has picked up a little and may soon move upward more substantially. However, Bitcoin BSC (BTCBSC) has been getting all the attention from investors. This project aims to bring...
Biggest Movers: XRP Surges to 2-Week High, SOL Maintains Recent Momentum
15.9.2023
XRP extended a recent bull run on Friday, as the token moved to its highest point in the past two weeks. Today’s move came as the cryptocurrency marginally broke past a key resistance level. Solana was also in the green, as price rose for a fourth straight day, nearing the $20.00 mark in...
Coinbase Cloud launches ‘No Minimum ETH Required’ staking program
15.9.2023
Staking is a way for crypto holders to earn passive income without selling their digital assets, similar to depositing money in a high-yield savings account. Just as a bank lends deposited funds to others and pays a fraction of the interest earned in return, staking involves locking up digital...
IOTA announces launching establishment in Abu Dhabi
15.9.2023
IOTA has announced that it is expanding its footprint in Abu Dhabi, UAE, by launching an establishment in the region. It has been stated that the new office will comply with the relevant regulations and support the technological initiatives of the authorities. Moreover, IOTA has committed...
Genesis to stop offering crypto trading services
15.9.2023
Genesis has announced that it will no longer offer crypto trading services. These include digital asset spot and derivative services. The development comes after it reached a credit agreement with DGC, or Digital Currency Group. The agreement allows 70% to 90% credit recovery. Genesis had to take...
Bitcoin’s Mempool Congestion: Unconfirmed Transactions Approach 700,000 in September
15.9.2023
Over the last fortnight, the quantity of unconfirmed bitcoin (BTC) transactions has consistently exceeded the 500,000 mark, nearly touching 700,000 on September 6, 2023. Metrics indicate that Bitcoin’s mempool, a shortened term for “memory pool,” has not completely cleared...
Japan to allow start-ups to raise funds by issuing crypto instead of stocks: Report
15.9.2023
According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS)
When will BitTorrent crypto hit $10? Experts spill the beans!
15.9.2023
The crypto market has been on a rollercoaster for a couple of years. Now that the domain is gaining stability, traders are turning their eyes to assets that can quickly produce massive profits. BitTorrent or BTT is one such crypto that can help traders cover their losses quickly. Since its launch...
Ethereum phone sold out in 24 hours – can Solana catch up? Domini.art is rising above both
15.9.2023
Ethereum ($ETH) launched the presale of its new smartphone in late August. This move comes after Solana ($SOL) slashed the price of its phone around the same time. But perhaps the project you should be paying the most attention to is Domini.art ($DOMI). Before we discuss what Domini.art is...
What are key factors influencing Bitcoin’s potential bull run?
15.9.2023
Traders and players have started a wild and thrilling ride in cryptocurrency, with Bitcoin leading the way. Over time, Bitcoin has constantly displayed astounding price increases, raising the logical query of whether a new bull run is about to begin. Understanding the factors behind Bitcoin’s...
Russia Considers Legalizing Defi DAOs to Draw Liquidity to Its Digital Assets Market
15.9.2023
The Finance Ministry in Moscow is pushing to legalize decentralized financial organizations to attract capital to Russia’s regulated market for digital assets. The department hopes this would allow some of the liquidity in the decentralized finance (defi) and crypto space to be invested in Russian...
Ripple’s liquidity hub: Fueling business growth
15.9.2023
As cryptocurrency continues to grow and develop, those creating this digital world face the challenge of laying the foundation for broader adoption. This includes examining potential new applications provided by blockchain technology and virtual currency. That of the internet’s development...
Bitcoin Fog Case Challenges Blockchain Analysis; Chainalysis Software Faces Scrutiny in US Court
15.9.2023
Since his arrest in April 2021, Roman Sterlingov, the alleged operator of the crypto mixing service Bitcoin Fog, has been defending his claimed innocence for more than two years. Recent court filings indicate Sterlingov’s legal team is challenging the Reactor software from Chainalysis, which...
FTX Lawyers to recover funds paid to celebrities like Shaq or Naomi Osaka amid BTCS ICO Hype
15.9.2023
Amid the buzzing hype surrounding the BTCS ICO, legal action is brewing as FTX lawyers aim to recover funds paid to celebrities such as Shaq and Naomi Osaka. FTX is looking to retrieve millions of dollars it paid to celebrity athletes and sports teams for endorsing its platform before filing...