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Is It Too Late to Buy Sui? SUI Price Rallies as Surprising Meme Coin Secures $8.2 Million in Funding
6.2.2024
Sui Network is undertaking an upside push in the latest rally, but as the network hits major milestones – this article will take a look at whether it’s too late to buy SUI, given its recent rise. The continued upside pressure comes amid positive project news from the Sui Network...
Binance Discloses Token Listing Adjustments, Offers $5 Million Whistleblower Reward
6.2.2024
Binance has made changes to its token listing methods after some community members alleged malpractice on the part of employees involved in the process. Binance co-founder Yi He wrote on X (formerly Twitter) commenting on the latest community reaction, noting that internal mechanisms will...
Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction
6.2.2024
Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central bank’s ongoing efforts to stabilize Egypt’s...
Crypto Yield Firm Haru Invest Execs Arrested in S.Korea for Laundering User Funds
6.2.2024
Top executives of Haru Invest, a South Korean crypto yield platform, have been arrested by the county’s prosecutors on Monday. The crypto investigation arm of the Seoul Southern District Prosecutors’ Office have arrested three people in connection with crypto fraud worth 1 trillion Won ($752...
BitMEX Co-Founder Arthur Hayes Sees Bitcoin Price Hit $1 Million on Bank Bailouts
6.2.2024
BitMEX co-founder and former CEO Arthur Hayes earlier posted on X a scenario where he sees Bitcoin price touching $1 million. Hayes tweeted that Federal Reserve Chairman Jerome Powell is saying US banks are strong to very strong, but NYCB (New York Community Bancorp) says otherwise. Who is right...
Artists Ordered to Pay $9 Million in BAYC Copyright Dispute
6.2.2024
Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up...
Taproot Wizards’ Quantum Cats NFTs Leap Past Technical Glitches to Amass $11.3M in Bitcoin
6.2.2024
The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale due to technical issues, resulting in 2,681 Quantum...
Online Crypto Course Founder Faces SEC Charges in $1.2 Million Fraud Case
5.2.2024
The founder of the American Bitcoin Academy was charged with crypto fraud by the Securities and Exchange Commission on February 2. In a press release published by the SEC, the agency noted that Brian Sewell, founder of American Bitcoin Academy, convinced his students to invest in a crypto hedge...
Tether Leads Crypto Mobile App Oobit’s $25 Million Series A Funding
5.2.2024
Tether announced today that it led a $25 million Series A funding round for crypto mobile payments app Oobit. Crypto’s biggest stablecoin issuer said the funding will contribute to Oobit’s ongoing development. The mobile app enables users to tap and pay for goods and services with their...
Stablecoin Issuer Tether Leads $25 Million Funding Round for Mobile Payment Startup Oobit
5.2.2024
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly...
Digital Asset Investment Fund Record $708 Million Inflows as AUM Hit $53 Billion
5.2.2024
Digital asset investment funds have seen an increase in inflows across seven days following a market rebound after days of sell-offs. A new CoinShares Weekly Crypto Asset Flows Report shows massive inflows into Bitcoin (BTC) and other cryptocurrencies, raising yearly entries to $1.6 billion....
Is It Too Late to Buy Flare? FLR Price Pumps Up 15% as Viral New Meme Coin Hits $8 Million Milestone
5.2.2024
Promising EVM project Flare Network has seen its price pump +15% in a strong push, but can FLR price analysis reveal whether it’s too late to buy Flare? And could this other viral coin be next? The sudden pump comes as Flare price retains bullish poise in technical structure, with the move...
AltLayer’s Executive Quells Community Backlash Over $100 Million Airdrop Distribution
5.2.2024
AltLayer’s Head of Growth has described events leading up to gains by a few non-fungible token (NFT) holders as a coincidence. Additionally, Dorothy called for more community support in the future. In a reaction to widespread criticism of handling a recent airdrop, the executive took to X (formerly...
Jupiter Price Keeps Falling After JUP Airdrop as New Cloud Mining Protocol Receives $10 Million
5.2.2024
In a move fuelling drama in the crypto community, the freshly released JUP airdrop is troubling investors amid lackluster price performance. Read on to find out whether Jupiter’s price will keep falling. Indeed, this recent price action comes after the timely JUP airdrop, which, with the...
ETHDenver Returns to Bridge the Gap Between Innovation and User-Centricity for Web3
5.2.2024
ETHDenver will drive discussions to set new standards for UX developments to onboard the next million users to web3 February 1, 2024, Denver, CO – ETHDenver, the world’s largest annual Web3 Community Innovation Festival returns for its 7th year from 29 February to 3 March 2024 at the National...
Kenyan High Court Unfreezes $3 Million Belonging to Nigerian Fintech Giant Flutterwave
5.2.2024
A recent ruling by the Kenyan High Court in favor of the Nigerian fintech startup Flutterwave will see it finally get access to $3 million which has been frozen since July 2022. The judge slammed the Assets Recovery Agency for continuing to hold onto the funds even after it withdrew its suit...
dYdX Unlocks Over 33 Million Tokens: Pump or Dump? Bullish Metrics Found in Algorand (ALGO) and InQubeta (QUBE)
5.2.2024
The dYdX (DYDX) token unlock continues, with the 33 million coins, worth approximately $90 million, unlocked on February 1. This is on the back of the previous unlock on January 23rd, which is set to continue for the next five months. The frequency and size of these new token releases have raised...
Crypto Fraud-Accused Denver Pastor Preaches Finance in Zambia Just Days After Skipping U.S. Court
4.2.2024
A Denver pastor, accused of crypto-fraud, has been spotted in the Zambian capital just days after he reportedly failed to appear in court. The pastor, Eligio Regalado, said about half of the misappropriated $1.3 million went to the IRS. Denver Pastor’s Assets Frozen The Denver pastor accused...
DOJ Charges Trio Behind $400 Million SIM Swap Attack on FTX
4.2.2024
The United States Department of Justice has charged three individuals accused of masterminding the SIM-swapping attack that siphoned over $400 million from FTX. The indictment of the trio appears to undercut claims that incarcerated FTX founder Sam Bankman-Fried was the mastermind behind the hack....
Blockchain Can Help Advance Healthcare Data Management Solutions
3.2.2024
Advanced data management solutions within the healthcare sector are becoming increasingly important as organizations realize the need to manage, govern, exchange, and analyze both internal and external datasets. In addition, providing adequate data protection has become a major concern...