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Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says
28.3.2023
A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility...
DAMX: The Emerging Perpetual Exchange on Fantom
28.3.2023
PRESS RELEASE. Canada, Alberta – Cryptocurrency has become a hot topic in recent years, capturing the attention of investors and traders alike. While it has faced its fair share of controversies, it has also opened up new possibilities and transformed the financial sector. With the rise...
Arbitrum posts a 89 percent loss this month, does Avorak AI have stronger potential?
28.3.2023
The recent market volatility contributed to significant losses, and the DeFi space is still rejuvenating. One of the casualties is Arbitrum, which recently announced airdrops in line with pre-launch prices. Arbitrum news posted an 89 percent loss this month, as its website went down amid chaos...
Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials
28.3.2023
Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against...
Biggest Movers: XRP Hits Fresh 5-Month High on Tuesday, Extending Recent Win Streak
28.3.2023
Xrp rose to a fresh five-month high on Tuesday, as prices climbed for a fourth straight session. The token moved to its highest point since November, which comes despite a red wave sweeping over cryptocurrency markets. The global market cap is down 2.35% as of writing. XRP XRP, formerly ripple...
Galaxy Digital swings to profit after $1B net loss in 2022
28.3.2023
The Mike Novogratz-led digital asset firm recorded a pre-tax income of $150 million during most of Q1 2023
Sam Bankman-Fried charged with bribing Chinese officials: Court docs
28.3.2023
Former CEO of the FTX is in hot waters once again, as he is facing a new 13-count indictment from the authorities in the United States
QuestGPT Shines During ETHDenver 2023 [Project Spotlight]
28.3.2023
ETHDenver, the largest Ethereum ecosystem conference, concluded last Sunday with the hackathon finalists presenting their builds to an enthusiastic crowd at Denver’s National Western Complex. The conference attracted over 20,000 attendees, lasted two weeks, and included programming, hacker...
National Exchanges Reportedly Pause Operations in Venezuela, as Attorney General Confirms Crypto Watchdog Sunacrip Involvement in Oil Sale Schemes
28.3.2023
National cryptocurrency exchanges have paused their activities in Venezuela according to reports, as the anti-corruption probe on national crypto watchdog Sunacrip and unlawful oil sales continues in the country. Tarek William Saab, attorney general, confirmed the involvement of the institution...
CFTC looks to tighten its grip around Binance for evading US rules
28.3.2023
Binance and Changpeng Zhao see the CFTC, Commodities Futures Trading Commission, tightening its grip on the way they operate. According to recent developments, CFTC has alleged that Binance is into offering futures and options that are unregistered, thereby evading the US rules that it must...
Wombat Exchange to launch on Arbitrum on 5 April
28.3.2023
Wombat Exchange, the next-generation stable swap exchange, proudly announced its launch on Arbitrum One, the leading Ethereum layer-2 network. This launch will take place on 5 April 2023 at 6 am UTC. The new venture of Wombat Exchange intends to increase accessibility, efficiency, and scalability...
President Nayib Bukele Touts El Salvador as the ‘New Land of the Free’ in Vintage Americana Poster Featuring Bitcoin as Legal Tender
28.3.2023
President Nayib Bukele is promoting El Salvador as the “new land of the free,” as part of an invitation for foreigners to move to the Latam country. Bukele tweeted a poster in vintage American style that included several advantages that the country brings its citizen, including...
Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit
28.3.2023
Over the last 24 hours, Binance’s Bitcoin balance was reduced by over 3,900 BTC the past week, out of which 3,400 BTC were pulled out in the last 24 hours alone
VeChain, Monero, and Cardano struggle to keep up with the presale success of Orbeon Protocol as it rallies 2203%
28.3.2023
As established cryptocurrencies like VeChain (VET), Monero (XMR), and Cardano (ADA) grapple with keeping pace, the cryptocurrency market is abuzz with the meteoric rise of Orbeon Protocol (ORBN). This innovative newcomer the first decentralized investment platform designed to support businesses...
Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit
28.3.2023
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in...
Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025
28.3.2023
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates...
First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B
27.3.2023
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that...
Cardano news hints at possibility for product integration from Avorak AI
27.3.2023
AI integrations in the rapidly changing world of Blockchain technology are a must for secure, scalable, and user-friendly applications. A recent piece of Cardano news has caught the attention of Blockchains and AI enthusiasts as it hints at the possibility of product integration between Cardano...
DigiToads ICO edges out FightOut and Metacade for top crypto presale of March 2023
27.3.2023
It is ICO season, and new projects scramble to be the best. Funding rolls in, and investors wait in anticipation, but which project will come out ahead? DigiToads ICO has outperformed two prominent crypto projects that launched their presales in March: FightOut and Metacade. DigiToads (TOADS) Both...
Novatti and AUDD take part in CBDC pilot
27.3.2023
The Novatti Group, a top-tier fintech that enables businesses to pay as well as be paid, is extremely proud to make its formal announcement about its participation, along with AUDD, in a CBDC pilot project. This will be a research-based initiative to examine potential use cases and financial...