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Binance Executives for Russia and Eastern Europe Leave Top Exchange


Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure and is considering leaving sanctioned Russia....

Ethereum Layer 2 Activity Near All-Time High: L2s Become the New Norm


Ethereum (ETH) has become the primary hub for the booming decentralized finance (DeFi) sector, hosting thousands of blockchain projects and decentralized apps (dApps).  These applications leverage the Ethereum blockchain to provide a wide range of services, including but not limited to finance...

Convicted Ex-OpenSea Manager Chooses to Serve Jail Time Amid Pending Appeal


Nathaniel Chastain, a former manager at the non-fungible token (NFT) marketplace OpenSea, has made the decision to serve his three-month prison sentence for insider trading while his appeal is still pending. Chastain's lawyers submitted a letter to the New York District Court on Wednesday...

Biggest Movers: SHIB Hovers Higher, Despite Market Consolidation


Shiba inu was a notable gainer in today’s session, as the cryptocurrency rose for a second straight session. The global market cap is marginally higher at the time of writing, as prices mostly consolidated. Solana retreated from a near one-week high. Shiba Inu (SHIB) Shiba inu (SHIB) was in...

Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency


A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...

Bitcoin Price Prediction as BTC Drops 1% – Time to Buy the Dip?


As Bitcoin takes the limelight once again, its live valuation stands at $25,702, experiencing a minor slump of nearly 1% over the past 24 hours.  According to the latest metrics from CoinMarketCap, Bitcoin proudly retains its #1 position with a monumental market capitalization of approximately...

Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak


Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...

Bitcoin Price Prediction as BTC Drops 4.6% – Time to Buy the Dip?


In recent developments, the ever-volatile Bitcoin price has witnessed a 4.6% dip, prompting investors and market enthusiasts to question: Is this the opportune moment to buy the dip?  As of now, Bitcoin is priced at $25,619, with an impressive 24-hour trading volume of $18.8 billion.  Retaining...

Biden’s Regulators Urged to Work With Congress on Crypto Regulation


A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect consumers. It’s time for Biden’s...

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