As the Turkish lira faces yet another decline, some residents of Turkey are finding refuge in the cryptocurrency market, particularly in the stablecoin USDT. The country’s economic instability and fears of severe inflation have reignited interest in digital currencies, despite political skepticism towards them. The Turkish lira has been on a downward trend in recent […]

Because it’s about the message, and not about the messenger—or is it?

In a groundbreaking development, JP Morgan, the largest bank in the United States, has agreed to pay a substantial $290 million settlement in a class-action lawsuit involving victims of the notorious financier and sex offender, Jeffrey Epstein. The plaintiffs alleged that JP Morgan facilitated money laundering, thereby enabling Epstein’s sex trafficking activities while he was […]

Ethereum (ETH) has experienced a sharp decline since Saturday, dropping from the $1,838 line down to the current level of $1,738 while XRP traded sideways. This has caused concern among investors and traders in the Ethereum market. However, experts and analysts believe the recent disclosure of the Hinman documents on June 13th could mark a […]

Tether announced it will coordinate with a third-party exchange to conduct a chain swap as it wants to convert 750 million USDT from Tron to Ethereum ERC20. The total supply of USDT will not change during this process, as per the firm. A chain swap process entails moving cryptocurrencies from one blockchain to another, which […]

As per CoinMarketCap, Shiba Inu token has increased in price by 1.49%. SHIB has encountered a whale transaction of 1.5T tokens. With no surprise, Shiba Inu (SHIB), one of the popular memecoins has been purchased by massive whales over a period. Yet, subsequently, the burn rates are getting higher on the other hand. However, these […]

As music NFT platform Sound.xyz adds support for Ethereum layer-2 Optimism, the projects’ co-founders deliver a rousing tribute to Vitalik.

The sell-offs by investors were driven by macroeconomics with possibilities of interest rate hikes by the Fed keeping them on their toes.

Binance.US and the U.S. Securities Exchange Commission (SEC) could reach an agreement that could avoid a full asset freeze, Bloomberg said on June 13. Judge demands compromise agreement The SEC first filed charges against Binance.US and related companies on June 5. It then requested a restraining order and asset freeze on June 8. Though the […]

The BNB is being sold off for BUSD to suppress volatility in Bitcoin. The controversial tweet raises questions about the crypto community. The U.S. Securities and Exchange Commission has continuously filed lawsuits against the top crypto exchanges, including the world’s largest crypto exchange, Binance. After the lawsuit, Binance gained a lot of support from the […]