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…
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…
According to reports, Justin Sun, the cryptocurrency entrepreneur who founded the Tron blockchain DAO ecosystem and currently serves as an official advisor to the Huobi crypto exchange, has been focusing on serving Chinese customers, despite the Chinese government’s crypto ban remaining in…
A recent post on Twitter by Lookonchain revealed that a significant Ethereum (ETH) staking service known as Rocket Pool (RPL) had been the target of a phishing attack that resulted in the loss of multiple millions of dollars. The attacker stole 85,898…
On-chain data reveals that over 28,500 addresses have gathered about 4.10 billion MATIC tokens within the price range of $0.99 to $1.08 per token. This accumulation, which, according to the sources, has reinforced the support level of the cryptocurrency, suggests that investors…
In the latest development of an ongoing crypto scam investigation, the employees of Braiscompany, a Brazilian firm allegedly involved in a fraudulent scheme, were caught on camera trying to remove evidence from the company’s premises. The video, which has been making rounds…
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…
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…
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…
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…
Recently, the well-known American actor, producer, and screenwriter Matt Damon gave an interview discussing his contentious participation in the Crypto.com advertisement. In response to the widespread mockery, Damon said that the purpose of the advertisement was to raise money for his charitable…
Blockchain adoption is being driven by nations for a wide range of reasons, such as the realization of its potential to revolutionize various sectors of the economy. These nations are embracing the disruptive potential of blockchain technology, which is being hailed as…
Coinbase, a prominent digital asset exchange, has voiced its backing for Australia’s efforts to establish a regulatory framework for digital assets. The Australian Treasury’s token mapping initiative, reportedly a global first, aims to identify and classify different types of digital assets, and…
In a shocking turn, Seychelles-based virtual currency exchange OKX has recently unearthed $157 million in online holdings owned by prominent firms FTX and Alameda Research. As a result of the discovery, OKX has pledged to transfer the assets to the insolvency estates…
Damex.io, a company operating in the digital asset space and based in Gibraltar, has disclosed plans to initiate an Initial Exchange Offering (IEO) for its utility token. The IEO is set to take place on April 19, 2023, and will be hosted…
According to reports, UBS Group AG (UBSG.S) has appointed Sergio Ermotti as the CEO to spearhead its major acquisition of Credit Suisse (CSGN.S). This move has surprised many and is believed to be a strategic decision to leverage Ermotti’s experience in restructuring…
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…
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….
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…
As part of the 2023 budget proposal, the Canadian government has mandated that pension funds under federal regulation must report their crypto asset exposure to the Office of the Superintendent of Financial Institutions (OSFI). High-profile bankruptcies spark reform The report indicates that…
