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Coinbase CEO Opposes planned Move to stop ChatGPT Development

Coinbase CEO Opposes planned Move to stop ChatGPT Development

April 1, 2023 by Eric Lee

Brian Armstrong, the CEO of America’s largest crypto exchange, Coinbase, has spoken out against tech gurus who want ChatGPT’s upgrades temporarily suspended. In a tweet, Armstrong said stopping the development of ChatGPT is a bad idea. Elon Musk and Other Tech Gurus…

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XRP Rallies as Investors Hope Ripple Defeats the SEC

XRP Rallies as Investors Hope Ripple Defeats the SEC

April 1, 2023 by Eric Lee

Most tokens have been in the red this week, but one is surging. Ranked the 6th largest crypto asset by market cap, XRP has risen by more than 22% over the past seven days. It is currently priced at $0.52, according to…

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Ethereum Vs. Solana – Which Blockchain is Better for Minting NFTs?

Ethereum Vs. Solana – Which Blockchain is Better for Minting NFTs?

March 31, 2023 by Eric Lee

If you are finding it tough to decide between Ethereum or Solana for your NFT minting, this article is for you. I will be exploring each blockchain’s capacity, strengths, and weaknesses to help you make an informed decision. Ethereum: Ecosystem, Marketplace, and…

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Citi Claims CBDCs and Tokenization will Drive Mass Adoption of Crypto

Citi Claims CBDCs and Tokenization will Drive Mass Adoption of Crypto

March 31, 2023 by Eric Lee

Citi has claimed that the crypto industry is nearing a turning point that would see the number of users surge to a billion and the total market capitalization hit trillions of dollars. Citi analysts’ latest report, titled ‘Money, Games, and Tokens: Blockchain’s…

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SEC, CFTC, IRS, DOJ – Here are the Ongoing Investigations Into Crypto Exchange Binance

SEC, CFTC, IRS, DOJ – Here are the Ongoing Investigations Into Crypto Exchange Binance

March 31, 2023 by Eric Lee

The world’s biggest crypto exchange by volume, Binance, is no stranger to clashing with various regulators around the globe. However, things seem to be getting hot recently, as investigations that have lasted for years are now leading to formal charges. Trouble With…

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What is Arbitrum? – Scaling Ethereum Using Optimistic Rollups

What is Arbitrum? – Scaling Ethereum Using Optimistic Rollups

March 30, 2023 by Eric Lee

Ethereum is known to be a reliable, decentralized network that supports smart contracts coded using a programming language that many Web3 developers understand. It also hosts several successful decentralized finance (DeFi) projects. However, the network is expensive and considerably slow. It is…

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Blocktrace Develops AI Chatbot to Ease Blockchain Transaction Tracking

Blocktrace Develops AI Chatbot to Ease Blockchain Transaction Tracking

March 30, 2023 by Eric Lee

It is quite challenging to scan and analyze a blockchain, especially when sorting through millions of transactions and thousands of addresses. But Blocktrace, an Austin-based company, is hoping that an (AI) artificial intelligence technology can ease the blockchain analysis process. Software engineer…

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y00ts NFTs Worth $37M Migrate From Solana to Polygon in a Day

y00ts NFTs Worth $37M Migrate From Solana to Polygon in a Day

March 30, 2023 by Eric Lee

y00ts is finally migrating to Polygon, and early data shows the NFT holders are supporting that move. As of this writing, over 80% of the NFTs have already migrated to their new home from Solana. Web3 startup DeLabs is the creator of…

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Daily Market Update – BTC Briefly Goes Above $29K

Daily Market Update – BTC Briefly Goes Above $29K

March 30, 2023 by Eric Lee

The total crypto market cap declined by 0.9% to $1.2 trillion after posting outflows of nearly $4.1 billion in the past day. Bitcoin’s market valuation declined from $548.8 billion to $543.9 billion, while the Ethereum market cap fell to $214 billion from…

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What is Virtual Land? – How NFTs are Shaping the Metaverse

What is Virtual Land? – How NFTs are Shaping the Metaverse

March 29, 2023 by Eric Lee

Many traditional investors consider Real estate a good investment. But what about digital real estate? NFTs (Non-Fungible tokens) representing virtual land have made headlines since the birth of the metaverse, with some selling for over a million dollars. Virtual land is the…

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Experts Say CFTC’s Lawsuit is Unlikely to Prevent Binance From Acquiring Voyager

Experts Say CFTC’s Lawsuit is Unlikely to Prevent Binance From Acquiring Voyager

March 29, 2023 by Eric Lee

A lawsuit leveled by the CFTC (Commodity Futures Trading Commission) against Binance on Monday had a significant effect on the market as cryptocurrencies like BTC and ETH dropped. However, legal experts have claimed it won’t substantially impact the ongoing Voyager bankruptcy case….

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Daily Crypto Market Update – Bitcoin Breaks $28k Once Again

Daily Crypto Market Update – Bitcoin Breaks $28k Once Again

March 29, 2023 by Eric Lee

The crypto market has seen $70 million in inflows over the past day. The total market cap is up 5.4% to $1.22 trillion. Bitcoin’s market valuation rose by 5.78% to $547.89 billion, while that of Ethereum surged 5.6% to $221.56 billion. All…

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What are ERC-20 Tokens, ETH and Gas? – Ethereum’s Architecture Explained

What are ERC-20 Tokens, ETH and Gas? – Ethereum’s Architecture Explained

March 28, 2023 by Eric Lee

To better understand how the Ethereum network works, you must first know these three components: ETH, ERC-20 tokens, and gas. They collectively power the network, let developers create their own tokens on the Ethereum blockchain and incentivize validators. What is ETH? The…

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dYdX Announces Launch Date For Migration to Cosmos

dYdX Announces Launch Date For Migration to Cosmos

March 28, 2023 by Eric Lee

On Monday, dYdX revealed the launch of the V4 private testnet, a massive milestone that will see the DEX (decentralized exchange) leave the second-largest blockchain, Ethereum. dYdX also announced that the platform will start running on Cosmos by the end of September….

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“Flatcoin” Developers Respond to Coinbase’s Call to Build on Base Network

“Flatcoin” Developers Respond to Coinbase’s Call to Build on Base Network

March 28, 2023 by Eric Lee

Coinbase has continued to lure developers into building various projects in its layer-2 network called Base. This time around, the leading crypto exchange in the United States is targeting creators of flatcoins, stablecoins that are not pegged to fiat currencies like the…

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BNB Falls 5% Following CFTC Lawsuit Against Binance and CEO CZ

BNB Falls 5% Following CFTC Lawsuit Against Binance and CEO CZ

March 28, 2023 by Eric Lee

Binance’s BNB token has posted losses in the past 24 hours after charges were filed against the company and its CEO Changpeng ‘CZ’ Zhao by Commodity Futures Trading Commission (CFTC). The exchange’s native token saw a drop of 5.5%, becoming the biggest…

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What’s Bitcoin Halving? – How BTC’s Supply is Limited

What’s Bitcoin Halving? – How BTC’s Supply is Limited

March 27, 2023 by Eric Lee

Every four years, the Bitcoin amount that is distributed to miners halves. This process is called Bitcoin halving. Here is why and how it works. Bitcoin’s Supply Limit Before discussing Bitcoin halving, let’s look at the theory behind this crypto’s supply. Bitcoin…

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First Citizens Bank Seals Deal With FDIC to Acquire Silicon Valley Bank

First Citizens Bank Seals Deal With FDIC to Acquire Silicon Valley Bank

March 27, 2023 by Eric Lee

On Monday, US Federal Deposit Insurance Corporation (FDIC) reached an agreement with First Citizens Bank that would see the latter take on the loans and deposits of the now-collapsed Silicon Valley Bank. As per the FDIC announcement, the deal includes the acquisition…

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Canada’s ‘Crypto King’ Kidnapped, Held for $3M Ransom

Canada’s ‘Crypto King’ Kidnapped, Held for $3M Ransom

March 27, 2023 by Eric Lee

Documents filed to the court earlier this month claim that Aiden Pleterski, Canada’s self-proclaimed Crypto King, was kidnapped and brutalized while being held for ransom. Pleterski, 23, is accused of operating an investment Ponzi scheme, and following the bankruptcy proceedings that started…

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Crypto Investment Products Post Over $160M in Inflows, Ending a 6-Week Negative Strike

Crypto Investment Products Post Over $160M in Inflows, Ending a 6-Week Negative Strike

March 27, 2023 by Eric Lee

Last week, Crypto investment products ended an outflow strike that had lasted for six weeks after recording more than $160 million in inflows, as per a report by CoinShares. These inflows are the highest since last July. Crypto-based investments have seen massive…

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Name	Price	24H (%)
Bitcoin (BTC)	$78,229.00	-1.24%
Ethereum (ETH)	$2,175.80	-2.21%
Tether (USDT)	$1.00	0.01%
BNB (BNB)	$655.36	-2.84%
XRP (XRP)	$1.42	-2.11%
Cardano (ADA)	$0.255614	-2.25%
Chainlink (LINK)	$9.76	-3.37%
Litecoin (LTC)	$56.17	-2.13%
Uniswap (UNI)	$3.50	-3.33%
Polkadot (DOT)	$1.27	-3.41%