Showing posts from March, 2023Show all

Bittrex to Close Operations in the US Due to Regulatory Hurdles

On March 31, Bittrex, one of the largest and oldest US exchanges, announced the closure of its operations due to the country’s current “regu...


Zipmex’s Restructuring Plan Greenlighted by the Singapore High Court

Singapore’s lower division of the Supreme Court approved Zipmex’s pre-packaged plan to restructure some of its operations and thus enable cu...


FTX’s European Arm to Resume Withdrawals for Users With New Website Launch

FTX investors continue to reel under uncertainty as the fate of the assets stored in the bankrupt platform hangs in limbo. In a brief respi...


Ripple (XRP) Slips Below $0.55, Bitcoin (BTC) Loses $28K: Market Watch

Bitcoin has finally calmed after the recent volatility, and the asset currently trades inches away from $28,000. Most altcoins are slightly...


Metacade’s MCADE Token Presale Enters Final Stages

[PRESS RELEASE – Please Read Disclaimer] The start of 2023 has been undoubtedly better than how most of last year went, especially its end....


Core’s Revolutionary Satoshi Plus Consensus Marries Decentralization, Security, and Scalability

[PRESS RELEASE – Singapore, Singapore, 30th March 2023] Core is a novel layer one blockchain that is pushing the boundaries within the cry...


Ledger Taps $1.4 Billion Valuation After Securing $109 Million Funding

As the digital asset market grapples with regulatory confusion, Ledger’s renowned catchphrase, “not your keys, not your coins,” has proven i...


New Binance Smart Chain Proposal Seeks to Lower Transaction Fees: Report

Layer 2 scaling solutions have revolutionized the space with faster and cheaper transactions, as well as increased scalability and improved ...


Why the Mass Adoption Trifecta is Essential for Blockchain Ecosystems

Cryptocurrency adoption has undoubtedly been on the rise throughout the past couple of years in terms of both retail and institutional usage...


Terra’s Daniel Shin Interrogated in Court About the LUNA/UST Crash (Report)

One of Terraform Labs’ co-founders – Shin Hyun-seong (better known as Daniel Shin) – reportedly appeared in a South Korean court to be inter...


Arbitrum (ARB) Soars 10%, Bitcoin (BTC) Eyes $29K: Market Watch

Bitcoin’s recent price dip seems to be short-lived, as the asset spiked to and beyond $29,000 earlier today. Most altcoins are with minor l...


SEC Sues Beaxy for Operating an Unregistered Securities Platform

The US Securities and Exchange Commission (SEC) alleged that crypto trading platform Beaxy and its executives ran an unregistered securities...


Gary Gensler Wants More SEC Funding to Crack Down on ‘Wild West’ Crypto

SEC chair Gary Gensler pulled no punches against crypto in a testimony to the House Financial Services Subcommittee on March 29. The meetin...


Kraken Becomes Official Sponsor of F1 Team Williams Racing

Starting this weekend, the Kraken logo will be exposed to millions of users thanks to the exchange’s partnership with the famous Formula 1 r...


DeFi Protocol SafeMoon Loses $8.9 Million in Bug Exploit

Decentralized finance (DeFi) project SafeMoon saw its liquidity pool (LP) compromised on Tuesday through a public token bug, with the attack...


XRP Explodes Toward $0.60, Bitcoin Deletes CFTC-Binance Lawsuit Losses (Market Watch)

The cryptocurrency market is recovering the losses induced by the CFTC lawsuit against Binance and CZ. Ripple’s XRP is surging for a few day...


Signature Bank’s Crypto Clients Must Close Accounts Within A Week

The notice comes after NYCB’s purchase of most of Signature’s deposits and loans. After Signature was placed in receivership by the FDIC, t...


ETH Gains 4% as Ethereum Devs Confirm Date For Shanghai Upgrade

On March 28th, the Ethereum protocol support team posted an update on the mainnet Shapella launch date. They confirmed that the hard fork wi...


Disney Scraps Metaverse Division as Part of Restructuring Plan: Report

Walt Disney has knocked metaverse plans off its priority list. The entertainment giant’s “next-generation storytelling and consumer experien...


Sam Bankman-Fried Bribed Chinese Officials With $40 Million, Alleges DOJ

Former FTX boss Sam Bankman-Fried (SBF) has been slapped with another lawsuit from the Department of Justice (DOJ) for sending millions of d...


UK Treasury Drops Plans to Launch NFT, Keeps Proposal Under Review

The United Kingdom has dropped its plans to launch a government-backed non-fungible token (NFT) aimed at enhancing the country’s approach to...


BlockFi to Reimburse Californians With Over $100,000

The cryptocurrency lending platform – BlockFi – agreed to provide more than $100,000 in refunds to Californian customers affected by the fir...


Bitcoin Tumbles Below $27K as Market Prices Binance-CFTC Clash (Market Watch)

The cryptocurrency market received its fair share of bad news throughout the past year, but it doesn’t seem to stop. Just yesterday, the Com...