Anime is quite famous not just amongst fans but also amongst onlookers, even random people, and things being what they are; the anime metaverse space is becoming increasingly popular as the metaverse ...
Tag: crypto exchange
Bulls go on Rampage as ETH Flips $2k
Ethereum is currently on an uptrend. As a result, it surged from $1,900 to flip the $2,000 resistance a few minutes to the of writing. The hike started on Wednesday when the largest alt saw an 8% incr...
What is Wrapped Bitcoin (WBTC)? Explained as Simple as ABC
Wrapped Bitcoin (WBTC) is an ERC-20 token backed by bitcoin. You can exchange it for bitcoin on a ratio of one to one (1:1). An ERC-20 token, on the other hand, is a digital asset issued on the Ethere...
DEX Protocol Injective Raises $40 Million Ecosystem Development Fund
Decentralized exchange (DEX) protocol, Injective announced today it has raised $40 million in a just-concluded funding round. According to the announcement, investors in the round include Jump Crypto ...
Crypto Exchange Hotbit Suspends Withdrawals Over Criminal Investigations
Singapore-based cryptocurrency exchange Hotbit has suspended all activities, including deposits and withdrawals, over criminal investigations against its former employee, the company announced Wednesd...
CryptoCom CEO Says Crypto Will Bounce Back Strongly
Kris Marszalek, CEO of popular cryptocurrency exchange CryptoCom, said that the crypto industry will come back strongly once it recovers from the current bear market. During an interview with CNBC on ...
Algorand Partners Boston University to Support African Farmers Using Blockchain
The Algorand Foundation, a non-profit organization aimed at supporting the Algorand network, recently announced its partnership with Boston University and Kenya-based agricultural company, Hello Tract...
Iran Places Order to Import $10M Goods, Pays With Crypto
Iran has recently used cryptocurrencies to pay for goods that would be imported into the country. Although the crypto assets used in the purchase were not disclosed, Alireza Peyman-Pak, head of Iran’s...
Ethereum Layer2 Arbitrum Launches New Nova Network With Reddit Support
Arbitrum, an Ethereum layer2 scaling solution, has launched a second chain built on AnyTrust Technology dubbed “Arbitrum Nova.” Reddit will use the new chain to enhance its blockchain-based Community ...
Neowiz Partners Polygon to Launch Blockchain Gaming Platform
Polygon, an Ethereum layer-2 scaling solution, announced on Tuesday its partnership with South Korean gaming company Neowiz to launch a new blockchain-based gaming platform dubbed Intella X. What is I...
Vitalik Buterin Shares Idea for Privacy-Focused NFTs
Vitalik Buterin, the founder of the Ethereum network, has shared details on the idea of utilizing stealth addresses in the trading of non-fungible tokens (NFTs). This entails that a user can send an N...
U.S. Treasury Sanctions Tornado Cash Addresses
The Office of Foreign Assets Control (“OFAC”) of the United States Department of the Treasury has added addresses belonging to the Ethereum-based privacy protocol, Tornado Cash, to its sanction list. ...
Serenity Shield Launches First Cryptographic Sensitive Data Storage and Succession Solution on Blockchain
Serenity Shield, a decentralized application platform that offers an innovative, revolutionary approach to crypto inheritance and secure storage solutions for sensitive data, is launching the Minimum ...
Crypto Lender Hodlnaut Pauses Withdrawals, Deposits, and Token Swaps
Singapore-based crypto lending platform Hodlnaut has joined a growing list of crypto lenders that have paused withdrawal services. The company announced on Monday that it had suspended token swaps and...
Indian Student Arrested for Allegedly Using Crypto to Fund ISIS
Last week, a student in India was arrested for allegedly using cryptocurrencies to sponsor the activities of the Islamic State of Iraq and Syria (ISIS), a terrorist group. The crypto assets involved i...
Tron Founder Justin Sun Backs Survival of Legacy Ethereum Post Merge
As the tentative date for Ethereum’s switch to a Proof-of-Stake (PoS) network approaches, controversies surrounding the future of the legacy Ethereum network post-merge are taking center stage. Tron f...
Indian State Maharashtra Issues Nearly 100,000 Diplomas on Polygon Blockchain
The Maharashtra State Board of Skill Development (MSBSD) in collaboration with Maharashtra State Innovation Society (MSINS) has issued about 100,000 verifiable diplomas on Polygon blockchain using the...
Total Value Locked (TVL) on Ethereum Layer-2 Optimism Surpasses $700M
Optimism, an Ethereum-based layer-2 scaling solution has just attained a milestone, crossing $700 million in its total value locked (TVL) and seeing a new all-time-high (ATH) in its native token, OP. ...
How to Build a Dynamic Crypto Portfolio With Day Trading
Having a cryptocurrency day trading strategy can be an important part of your investment plan. A clear plan to identify prospective digital currencies, determine investment amounts, and calculate your...
BitMEX’s Arthur Hayes Predicts Massive ETH Price Jump
Arthur Hayes, the co-founder and former CEO of cryptocurrency exchange BitMEX, is betting big on the price of Ether (ETH). In a Friday Medium blog post, Hayes noted that the cryptocurrency would sell ...
Will BTC Record a Deeper Low this Month?
The price increase Bitcoin enjoyed may put many in a relaxed state. However, there are many who believe the apex coin is only going through this phase for a short while which may end soon. Why do some...
What is Polygon (MATIC)? A Simple as an ABC Guide
Polygon, formerly known as the Matic network, is a Layer-2 scaling solution designed to address the bottlenecks facing the Ethereum mainnet. Polygon is one of the solutions seeking to provide cheaper ...
Solana Is The “Most Underrated” Token
Earlier this week, the Solana ecosystem suffered a massive attack that affected nearly 8,000 wallets, which resulted in the loss of users’ funds. Prior to the hack, the blockchain had also in the past...
Hong Kong Crypto Exchange ZB.com Losses $4.8M to Hackers
According to recent findings, Hong Kong-based cryptocurrency exchange ZB.com lost nearly $5 million to hackers earlier this week before the platform suspended withdrawals and deposits due to system ma...
World’s Largest Asset Manager Blackrock Taps Coinbase to Offer Crypto Services
The world’s largest asset manager, BlackRock (with $9.6 trillion in assets), has partnered with leading crypto exchange Coinbase to offer crypto services to institutional clients, according to a blog ...
Engineers Find Slope Wallet Bug Behind $6M Solana-based Hack
Following an intense 24-hour period, security researchers and Solana Labs engineers have linked the recent hack of specific Solana-based wallets to a critical bug in one wallet service provider. Slope...
Someone Paid $350k in Ethereum Fees Aaaand the Transaction Failed
Blockchain-based transactions are notable for their irreversible nature. While this feature can be advantageous in most cases, it can turn out to be a problem, as a recent development shows that $350,...
Robinhood’s Crypto Unit Fined $30M by New York Regulator
The crypto division of online trading platform Robinhood has been fined $30 million by the New York State Department of Financial Services (NYDFS) for allegedly breaking anti-money-laundering and cybe...