In a surprising turn of events, the native token of the now-collapsed crypto exchange, FTX, has experienced an astonishing surge, skyrocketing by over 140% within the past few days. The rally of FTT comes on the heels of SEC Chairman Gary Gensler’s recent comments, suggesting a possible revival for the beleaguered FTX. Gensler conveyed optimism, … Read more
In a strategic move, UBS Group AG has embraced the growing trend in cryptocurrency, joining the ranks of banks such as HSBC Holdings Plc. This significant development allows affluent clients in Hong Kong to delve into the world of digital assets through selected cryptocurrency-linked exchange-traded funds (ETFs). As of Friday, high-net-worth clients on UBS’s Hong … Read more
The Bitcoin network experienced a significant delay in block production on November 7. According to Wu Blockchain, a well-known crypto reporter, there was a gap of nearly an hour from 16:47 to 17:56 (UTC+8) where no new block was produced. This interruption in block production is unusual, as the average block time on the Bitcoin … Read more
SK Telecom, the leading South Korean telecommunications company, is making significant strides in the world of blockchain technology. In a groundbreaking move, SK Telecom has partnered with blockchain firms Aptos Labs and Atomrigs Lab to develop a cutting-edge Web3 wallet service called T wallet. The concept of T wallet was first conceived in July 2022 … Read more
Today, the ORDI token has grabbed the spotlight, experiencing a staggering 50% surge in its price within just 24 hours. This significant increase followed its recent listing on the Binance cryptocurrency exchange, marked with a prominent “seed” tag, signifying its status as an emerging project in the crypto sphere. Binance, in a recent statement on … Read more
In a significant move within the crypto sphere, a Ripple whale has created waves by transferring a staggering amount of 23.8 million XRP, equivalent to $16 million, to the well-known crypto exchange Bitstamp. The news rippled through the community, sparking curiosity and speculation about the motives behind such a substantial transaction. This eye-catching transfer, documented … Read more
In a bold and strategic maneuver, OpenSea, the pioneering Nonfungible token (NFT) marketplace, has embarked on a transformative journey. The company, akin to the digital marketplace giant eBay, has made a resounding decision to reduce its workforce by 50%. This drastic move, announced by Devin Finzer, the co-founder and CEO, aims to streamline operations and … Read more
Prepare to be astonished, as The Simpsons, the iconic animated sitcom, has once again proven its knack for staying ahead of the curve. In a groundbreaking move that has sent shockwaves through the crypto industry, the show aired an entire episode dedicated to the world of NFTs. Titled “Wild Barts Can’t Be Token,” this Halloween … Read more
In a dramatic turn of events within the crypto sphere, Bitcoin whales have sent shockwaves through the market, orchestrating a series of substantial transactions totaling over $700 million worth of BTC. The focal point of this frenzy? Major cryptocurrency exchanges, Binance, Bitfinex, and Coinbase. The saga unfolded with a jaw-dropping move from an anonymous wallet … Read more
In a strategic move amidst a tumultuous financial landscape, the cryptocurrency exchange FTX, in collaboration with its creditors, has taken decisive action. A motion was recently filed in the Delaware bankruptcy court, aiming to secure approval for the sale of critical trust assets. These assets, including funds managed by Grayscale and Bitwise, boast a staggering … Read more
In a startling revelation, renowned crypto entrepreneur Roger Ver, famously known as ‘Bitcoin Jesus,’ has initiated legal action against Matrixport’s subsidiary, Smart Vega Holding Limited, in a high-stakes lawsuit amounting to $8 million. The case, which was filed a year ago, recently surfaced publicly after Ver’s disclosure. Ver’s lawsuit stems from his inability to withdraw … Read more
In a shocking revelation, renowned blockchain investigator ZachXBT uncovered a distressing incident on November 5, 2023. The notorious Ledger Live scam resurfaced, this time infiltrating the official Microsoft App Store. The consequences were dire, resulting in a staggering loss of over 16 Bitcoins, equivalent to a whopping $588,000, from unsuspecting users. ZachXBT took to Twitter … Read more
In a groundbreaking move, Solana Labs has unveiled the beta release of GameShift, a cutting-edge platform poised to transform the landscape of blockchain game development. This innovative initiative, introduced on October 31, 2023, promises to simplify the complex process for game developers looking to harness the power of the Solana blockchain network. GameShift, initially introduced … Read more
In a significant financial move, the beleaguered crypto exchange FTX and its affiliate company Alameda wallets have made substantial deposits, totaling more than $13 million, into various crypto exchanges. This development, reported by Onchain analyst Spotonchain, reveals a series of transactions involving FTX and Alameda Research. These crypto wallets, linked to FTX exchange and Alameda … Read more
In a visionary leap towards the future, the prominent blockchain gaming powerhouse, Animoca Brands Corporation Limited, has joined hands with NEOM Company in a monumental $50 million partnership, propelling the evolution of Web3 technology. This strategic alliance, celebrated widely across tech spheres, signifies a crucial milestone in the digital landscape. The collaboration unfolds with the … Read more
In a cosmic event set to redefine the crypto universe, the much-anticipated Celestia mainnet launch is on the horizon, promising a celestial experience for crypto enthusiasts. The project, adorned with innovation and promise, is all set to introduce its native token, TIA, for trading on various exchanges, heralding a new era of possibilities. The countdown … Read more
In a groundbreaking development shaping Thailand’s financial landscape, Kasikorn Bank, widely known as K-Bank, has taken a bold step into the realm of cryptocurrencies. The banking giant has successfully acquired a majority stake of 97% in the company that owns Satang, a prominent cryptocurrency exchange that has been a significant player in Thailand’s crypto sphere … Read more
In a strategic move signaling its ambitions in the fast-evolving crypto industry, Zodia Custody, the crypto security firm under the wing of the British banking giant Standard Chartered, has set its sights on expanding to Hong Kong. This bold initiative underscores Zodia’s persistent efforts to establish a robust foothold in the Asia-Pacific region. Since its … Read more
In a pivotal turn of events, VanEck, one of the prominent asset managers, has made a significant amendment to its Spot Bitcoin ETF application, sparking a wave of anticipation within the financial sphere. The move comes on the heels of a positive stance of approval from the US SEC (Securities and Exchange Commission), signaling a … Read more
In a groundbreaking move that’s sending ripples through the tech world, Google has reaffirmed its commitment to innovation by investing a $2 billion in the AI startup Anthropic. This financial infusion, marking Google’s continued support for Anthropic, highlights the company’s strategic vision and belief in the potential of artificial intelligence. This isn’t Google’s first foray … Read more
