Solana (SOL) has become one of the top losers in the list of top cryptocurrencies in the past 24 hours. This is because two of the largest crypto exchanges have made alarming announcements that do not go well with the Solana network….
The world’s biggest crypto exchange, Binance, announced recently that it was suspending deposits on the Solana blockchain of stablecoins USDT and USDC. Since the announcement, it has reopened USDT deposits on Solana. USDT is the stablecoin that belongs to Tether, while USDC…
Top law enforcement agencies along with the judicial authorities in Turkey and Russia have agreed to the need for Mutual Legal Assistance (MLA) agreement for preventing cybercrimes in the digital industry. Further collaboration will be made between the two countries for stopping…
A press release was published by the Securities Commission of the Bahamas (SCB) on November 14th, 2022 that explained that they had chosen the provisional liquidator for dealing with the FTX situation. According to the SCB, they have opted to hire one…
The financial markets regulator of Australia has taken an action against the FTX branch operating in Australia. The reports coming in have confirmed that the regulator has suspended the exchange’s license. Australia Takes Action against FTX Australia The FTX-backed entity currently operating…
Markets were more than shaken up by the collapse of one of the leading crypto exchanges in the world. The FTX implosion caught the attention of many lawmakers in the United States They used the resulting fiasco as leverage to claim that…
At the time of writing, Bitcoin’s (BTC) trading price is at $16,796 and for now, there is not much retail interest in the digital asset. This raises a question as to why retail investors are not interested in Bitcoin given the current…
Elizabeth Warren, the US Senator, said that the collapse of the FTX crypto exchange shows that ‘more aggressive enforcement’ is needed for the crypto industry. She added that she would continue pushing the Securities and Exchange Commission (SEC) to implement the law…
In recent years, the Latin America (LATAM) region has shown that it is very much into crypto-blockchain technology. It is because of this fondness, the crypto sector keeps growing in the region. Over time, multiple crypto exchanges have launched their operations in…
Terra Classic (LUNC) has turned out to be one of the top gainers in the Thursday trading sessions. The long-time troubled digital asset reportedly moved strongly among the top cryptocurrencies with a strong rally. LUNC Surged 14% It was a remarkable site…
The trading prices of cryptocurrencies have started to show a recovery today. However, the cryptocurrency industry is eager to know exactly how long would the recovery last. The main question of the day is whether the future of FTX is secure or…
Santander, a major multinational banking group has made a major announcement that involves the cryptocurrency community based in the United Kingdom. Santander has announced that they have put a limit on the transactions that their customers process for cryptocurrencies. The limit has…
In the latest trading session, Bitcoin’s trading price has continued moving higher. The recent session saw that the price of Bitcoin notched higher, which was due to the release of the jobs data in the US. Above Estimation Jobs Data The Feds…
Ripple, the major fintech firm has been garnering a significant amount of support from major firms within the finance and cryptocurrency industries. Ripple Garners Support against US SEC The mentioned industries are providing Ripple with all possible support while it battles the…
CleanSpark, a major Bitcoin mining company focused on sustainability has recently made it into the breaking news. The platform has recently announced it has acquired a large number of cryptocurrency miners. The platform has executed a purchase despite a backdrop being faced…
One of the strangest, yet most lucrative niches in the crypto sector has been NFTs, which managed to garner bids in the millions. While they were essentially just pictures, they were also completely unique pictures that never had an identical copy. While…
Q9 capital, the crypto investment platform, has recently struck gold as it expands into Dubai. Dubai has recently been making strides in becoming one of the biggest crypto cities in the world, as the city become much more crypto friendly. In their…
Changpeng Zhao, the chief executive of Binance, who is also known as ‘CZ’ elaborated on the reasons behind the crypto exchange’s co-investment of $500 million in the acquisition of Twitter by Elon Musk. The CEO of the largest crypto exchange in the…
There are a few things that have managed to grab the attention of most investors in the cryptocurrency market. Since it managed to make its way into the mainstream, most investors have not been able to see the rest of the financial…
The chief executive officer at Binance, Changpeng “CZ” Zhao has recently issued a statement that is more of a warning for the crypto community. According to CZ, Google is still not putting a leash on cryptocurrency phishing sites. Instead, Google is still…