The exchange has raised margin requirements for several tokens. dYdX would also no longer permit highly profitable trading strategies. dYdX, a decentralized cryptocurrency exchange, burned up $9 milli...
News
3 Individuals Arrested for Alleged $10 Million Theft and Money Laundering Using Crypto
United States prosecutors arrested three people for allegedly stealing $10 million from financial institutions and laundering the stolen funds using cryptocurrency exchanges. The individuals could eac...
TRON Unlocked Potential Role in Shaping the Future of DeFi
The decentralized finance (DeFi) space has experienced exponential growth, providing users with financial services without the need for traditional intermediaries. Justin Sun founded the blockchain pl...
XRP Ledger Reaches 84 Million Closed Ledgers Milestone
Investing News The XRP Ledger, home to the XRP cryptocurrency, has completed its 84 millionth ledger transaction. The ledger achieved this milestone six weeks after the 83 millionth transaction, indic...
Nerayoff set to unveil evidence against Ethereum founders
In a recent development that has sent ripples through the cryptocurrency community, Steven Nerayoff, a former Ethereum consultant and attorney, has come forward with allegations of fraud against the e...
dYdX increases margin and implements trade restrictions
In a decisive move to bolster its trading platform’s stability and security, decentralized crypto exchange dYdX has implemented significant changes in its trading policies. This strategic shift comes ...
Transforming Industries with Blockchain Innovation
VeChain, generally abbreviated as VET, began as a private consortium chain in 2015. It started working with a host of enterprises to explore the application of blockchain in supply chain management an...
James Wallis praises CBDCs for financial inclusion
James Wallis, the Vice President of Ripple, specializing in central bank engagements and Central Bank Digital Currencies (CBDCs), recently highlighted the transformative potential of CBDCs in enhancin...
Weekly crypto highlights from Asia
The Asian cryptocurrency landscape has been bustling with significant developments this past week. From Hong Kong’s innovative immigration proposals involving Bitcoin to Singapore’s strides in digital...
Ripple Executive Advocates for CBDCs to Enhance Financial Inclusion
Wallis discussed the importance of CBDCs in expanding access to financial services. This comes amidst Ripple collaborating with more than 20 central banks worldwide on CBDC. In a recent video, Ripple’...
US Likely Not to Soften Its Measures Against China’s AI and Technology
It appears the Biden administration will continue to contain China’s tech and artificial intelligence progress, despite the recent between President Xi Jinping and U.S. President Joe Biden. US Says I...
Why BRICS currency would outshine the US dollar
The BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, is on the brink of introducing a new currency that could potentially rival the US dollar in global transactions. This mov...
Egypt, India abandon dollar completely
Egypt and India, in a strategic alignment with the BRICS bloc’s de-dollarization efforts, have initiated discussions to eliminate the US dollar from their trade relations. This bold move is a part of ...
Crypto Whales Sell Off Ethereum (ETH)-Based Altcoin Before Massive 40% Correction: On-Chain Data
Crypto whales sold off millions of dollars worth of yearn.finance on Saturday prior to YFI sharply correcting by over 40%, according to on-chain data. Spotted by blockchain-tracking firm Lookonchain, ...
Binance faces staffing shake-up as anti-crime experts exit
Binance, the world’s leading cryptocurrency exchange, has recently experienced a significant upheaval in its anti-crime division. This shake-up comes as two key officials, integral to Binance’s effort...
Deaton advises XRP investors to post misleading BlackRock report
In a recent development surrounding the cryptocurrency market, attorney John Deaton, known for his expertise in crypto law, has offered advice to XRP investors following a deceptive report about a Bla...
Is $1.00 Mark Achievable in Sui?
SUI price prediction for 2024 favors the bulls and suggests SUI crypto may generate decent returns for its long term investors. The crypto price is on the recovery phase and slowly buyers are trying t...
Who is Mira Murati, OpenAI’s interim CEO?
OpenAI’s board of directors ousted founder Sam Altman on Nov. 17, shocking the technology world, while appointing Mira Murati as its interim CEO. Since then, the board has been facing strong criticis...
Ethereum unveils game-changing account abstraction in rollups
In a recent development, the Ethereum (ETH) network is on the cusp of integrating a novel concept known as Account Abstraction (AA) into its roll-up ecosystem. This initiative, proposed by Alexander F...
Leadership Dynamics Unveiled: Elon Musk’s Stance on OpenAI CEO’s Ouster
In a recent turn of events, Elon Musk’s, the tech magnate known for his ventures in SpaceX and Tesla, has broken his silence on the abrupt dismissal of OpenAI CEO Sam Altman. Musk’s candid remarks on ...
Ceremorphic Life Sciences Unveils Groundbreaking Drug Development Platform
In a significant stride toward revolutionizing the pharmaceutical industry, Ceremorphic Life Sciences, a company founded by Venkat Mattela in April 2020, has announced the development of a cutting-edg...
Will Ordinals inscriptions spark Bitcoin’s NFT renaissance?
Journalist Posted: November 20, 2023 The volume of Ordinals inscriptions resumed its trend above 100,000 as of press time. ORDI remained above its listing price despite declines. The inclusion of the ...
OpenAI’s turmoil deepens as employees tender resignation letters
The recent turmoil at OpenAI has intensified with the unexpected removal of its founder, Sam Altman, on November 17. This development has led to a series of repercussions, including the resignation of...
SEC Records Second-Highest Financial Remedies of Nearly $5 Billion in FY 2023
The U.S. Securities and Exchange Commission (SEC) in its latest report revealed that the number of enforcement actions filed in the fiscal year 2023 (FY2023) increased by three percent from the previo...
NVIDIA’s Meteoric Rise Fueled by Flat Organizational Structure and Innovative Workspace Design
Santa Clara, CA – In a remarkable surge, NVIDIA’s valuation has skyrocketed to $1.2 trillion, marking a staggering 250% increase this year. The company’s strategic positioning in the AI landscape, par...
How MATIC reacted to Polygon’s surging network activity
Journalist Posted: November 19, 2023 Polygon’s captured value shot up in the last few days. MATIC was up by over 4%, but a few metrics looked bearish. Polygon [MATIC] recently registered a massive s...
Dynamics and Price Prediction for Upcoming Years
In the dynamic landscape of blockchain technology, Zilliqa has emerged as a transformative force, tackling the longstanding challenge of scalability that has plagued traditional blockchains. This comp...
SOL, LINK, NEAR and THETA flash bullish as Bitcoin takes a breather
Bitcoin (BTC) has been consolidating above $35,000 for several days, but the bulls have failed to resume the uptrend above $38,000. This suggests hesitation to buy at higher levels. BitGo CEO Mike Bel...
South Korea’s BTC premium trades above the average price
The crypto economy has seen substantial growth in the past month, particularly driven by notable trading activity in South Korea. Recent data from Cryptocompare.com reveals that on Saturday, November ...
What Will Happen to Other ETFs After Bitcoin Spot ETF Approval? Spot ETF Applicant Answers
Two years ago, ProShares Bitcoin Strategy ETF (BITO), the first US exchange-traded fund (ETF) linked to Bitcoin (BTC), made history by reaching $1 billion in assets faster than any other ETF. Today, B...
Daily Analysis: BTC, ETH, SOL, LINK, TIA
Markets are on bull activity today, with the global market cap sitting 1.7% above its previous 24-hour mark, as the total cap stands at $1.39T as of press time. The fear and greed index is at 72, as g...
JPMorgan Chase, Wells Fargo and BofA Hit With Negative Ratings Outlook As Moody’s Says US Government Has Weaker Capacity To Support Big Banks
Three US banking giants have just had their ratings downgraded to “negative” by Moody’s. Moody’s Investor Service downgraded JPMorgan Chase, Wells Fargo and Bank of America to negative ratings after p...