Pennsylvania cuts 2-year mining moratorium from bill after union pressure

A Pennsylvania House Representative has cut a two-year crypto mining ban from a bill to regulate the sector’s energy consumption, claiming trade labor unions pressured the change. On Oct. 16, the Penn...

Coinbase Takes Measures to Boost Liquidity, Suspends 80 Non-USD Trading Pairs

Coinbase noted that the recent action is part of its efforts to enhance overall market health and consolidate liquidity. One of the world’s largest crypto exchanges Coinbase Global Inc (NASDAQ: COIN) ...

Fed Governor Bowman Says Benefits of U.S. Digital Dollar Is ‘Unclear’ But Risks Are Obvious

“We have seen a range of arguments in the public debate about issuing a CBDC, including addressing frictions within the payment system, promoting financial inclusion, and providing the public wi...

Avalanche Sees the Number of New Contracts Reach a 6-Month High

The X user Emperor Osmo revealed that the number of new contracts on Avalanches-C-Chain has reached a 6-month high. Despite the positive development, the price of AVAX dropped 1.93% over the past 24 h...

Whale Makes Massive $31.6M Transfer

Alex Dovbnya Whale Alert reported the movement of 4.5 trillion SHIB tokens, equivalent to a sizable $31.6 million, between unidentified wallets A significant transfer of 4.5 trillion Shiba Inu tokens,...

Zhu Su and Kyle Davies’ exchange OPNX is failing

Since the arrest of Zhu Su in Singapore a few weeks ago, his relatively new business venture Open Exchange (OPNX) has begun to falter. Su and his business partner Kyle Davies (who conveniently handed ...

Singh’s political donations were loans: Sam Bankman-Fried trial live updates

FTX co-founder Sam Bankman-Fried faces seven federal charges in a criminal trial taking place in Manhattan. The former crypto exchange exec is accused of misappropriating billions of dollars of custom...

Enlist New Nuclear Reactor Tech And FEMA To Project Power Ashore

A rendering of a Crowley/BWXT nuclear “power ship” at work Crowley Almost a hundred years ago, the United States was the first country to use a ship to project electrical power ashore. Tha...

As Wider Market Faces Fluctuations, Monero (XMR), Frax Share (FXS), And VC Spectra (SPCT) See Positive Momentum

Despite the inherent volatility observed in the broader cryptocurrency market, top crypto coins Monero (XMR), Frax Share (FXS), and VC Spectra (SPCT) have demonstrated noteworthy performance. XMR and ...

XRP Price Fails To Capitalize on Recent Bullish Momentum

Editors News The price spiked all the way till $0.50 level post the recent false news incident. If the price breaks above $0.50, then it will likely rally all the way till the $0.52 resistance area. O...

Platypus Recovers 90% of Stolen Funds from Recent Exploit

Decentralized finance (DeFi) protocol Platypus has made significant strides in recovering assets stolen in a recent exploit. On 17 October 2023, the protocol announced via its Twitter handle, Platypus...

Lightning Network transactions increased by 1,212% in two years

The Lightning Network, a second-layer (L2) solution built atop the Bitcoin blockchain, has drastically changed the way the crypto market perceives transaction speeds and costs. Designed to address the...

EOS EVM Gets a V6 Upgrade and USDT Bridging

Table of Contents EOS EVM, the Ethereum-compatible version of the EOS network, has just had a major upgrade. v0.6.0 of the protocol comes bearing a raft of new features and improvements that will make...

Bullish Sign? Shiba Inu (SHIB) Burn Rate Spikes 250%

TL;DR Shiba Inu’s token burn rate jumped 250%, removing 53 million SHIB tokens and reducing its total supply. The goal is to increase SHIB’s scarcity and value; similarly, Binance burned $450 million ...

FTX Debtors Negotiate the Upgrade of Certain Creditors

FTX Debtors have agreed to a new Customer Shortfall Settlement following months of negotiations with FTX’s Committee of Unsecured Creditors, an ad hoc non-US customer committee, and other representati...

What to expect as sell pressure mounts on Arkham

ARKM was down by over 2% in the last seven days. Market indicators and metrics looked bearish on the token. Arkham [ARKM] has witnessed a substantial drop in its price over the last seven days. If tha...

RenQ Finance (RENQ) to launch utilities in Q4 2023, ready to take Polygon (MATIC) and Cardano (ADA) head-on

The world of cryptocurrency is ever-evolving, and new projects continually emerge, each with its unique set of goals and innovations. RenQ Finance (RENQ), a rising star in the crypto sphere, is gearin...

Binance US drops FDIC insurance amid regulatory pressure

Cryptocurrency exchange Binance US has withdrawn FDIC insurance for user funds. The exchange faces regulatory heat from the US Securities and Exchange Commission (SEC). The SEC lawsuit ramifications a...

Judge Signs Major Order In Sam Bankman-Fried Lawsuit

In the latest development in the United States v. Sam Bankman-Fried, the federal judge granted prosecutors’ motion to preclude Sam Bankman-Fried from introducing evidence or argument about the current...

SEC reportedly probing Genesis’ links to the Terra fraud

The New York judge overseeing the U.S. Securities and Exchange Commission’s (SEC) case against Terraform Labs has ordered bankrupt digital asset lender Genesis to comply with a subpoena after it faile...

Centralized Exchanges in Latin America: A Leading Preference

In the realm of content creation, three key factors come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, burstiness assesses the diversity in ...

Lido on Solana wind down ‘deemed a necessity’ after low fees, says staking firm

Decentralized liquid staking protocol Lido Finance has announced a decision to cease operations on the Solana blockchain following a community vote in Lido’s decentralized autonomous organization. The...

Stock Futures Go Lower as Q3 Earnings Season Gains Steam

The US stock futures were slightly down early this morning as the third-quarter earnings season gained momentum. According to reports, futures tied to the Dow Jones Industrial Average (INDEXDJX: .DJI)...

Web3 File Management App Fileverse Gets $1.5M Investment From Gnosis Chain, Balaji Srinivasan, Other Investors

Privacy-focused Gnosis Chain and venture capital firm Factor led the investment, according to a press release shared by the firm. Crypto wallet provider Safe, social media privacy solution Mask Networ...

PEPE’s Bearish Pressure Eases, Indicators Signal Bullish Recovery

PEPE faces bearish headwinds as it struggles to breach the $0.0000006958 barrier, with support at $0.0000006559. Short-term lag in PEPE’s price may give way to a bullish reversal, with potential resis...

Lido announces phased shutdown of Solana operations

In an Oct. 16 post on the Lido blog, the multi-platform staking solution announced that it had decided that Lido on Solana protocol will be gradually phased out in the months ahead.  Starting on the s...

Binance US users no longer able to make USD withdrawals

Binance US has modified its terms of use, eliminating dollar withdrawals and changing the language surrounding Federal Deposit Insurance Corporation (FDIC) insurance.  Currently, the link on Binance U...

Coinbase Announces It Has Suspended Trading on Many Non-US Dollar Trading Pairs!

In its official statement, Coinbase announced that it has temporarily suspended trading for 80 trading pairs other than the US dollar. This announcement includes markets on Coinbase, Advanced Trade, a...

Uniswap DAO grants $46.2M to Uniswap Foundation

Uniswap Foundation (UF), a non-profit dedicated to supporting the growth and decentralization of the popular Uniswap DEX, will receive $46.2 million from the Uniswap DAO after a funding vote passed qu...

Animoca Brands’ Forj Launches APE Accelerator to Boost Web3 Innovation Supported by the ApeCoin DAO

In a recent significant move, Animoca Brands’ subsidiary, Forj Official, has proudly announced the official launch of the APE Accelerator. This ambitious project is set to be a game-changer as it’s be...

BitNile Metaverse Regains Compliance with the Nasdaq Voting Rights Rule

LAS VEGAS–(BUSINESS WIRE)–$AP #29th_Annual—BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that it has regained compliance with the Nasdaq Voting Rights ...

Animoca Brands subsidiary Forj Unveils $APE Accelerator to Boost ApeCoin Ecosystem

Animoca Brands subsidiary, Forj, has officially opened applications for the inaugural cohort of the $APE Accelerator, an initiative designed to propel the ApeCoin ecosystem forward. The $APE Accelerat...