In a thrilling twist of events, FTX, a fallen crypto exchange, and its backstop liquidity provider Alameda, recently shifted staggering amounts of 8 digital assets to CEXs Coinbase, Binance, and FalconX. As per insights offered by SpotOnChain, these assets encompassed $3.2 million worth of ETH, ALPHA, POWR, SNT, OXT, RLC, NMR, and NEXO, shifted to […]

Following the recent cryptocurrency market crash, Bitcoin price is trying to recover, after dropping below $60,000. However, optimism exists among financial giants such as Robert Kiyosaki and Standard Chartered Bank who foresee BTC price reaching $100,000 by the end of 2024. In this article, we delve into reasons behind these bearish sentiment, analyzing factors that […]

Solana Down: Solana engineers have released a new validator software release for validator operators to upgrade and restart of the Solana network after an outage for hours. All Solana-related activities including spot and derivatives trading, staking, and others have halted after Solana stopped processing blocks at 10:00 UTC on Tuesday. Solana Release Patch For Network […]

A Russian national, Alexander Vinnik, has pleaded guilty in a money laundering conspiracy that used the cryptocurrency exchange BTC-e. Admission was made as a result of the wider investigation, which disclosed massive illegal activities conducted by the exchange from 2011 to 2017. Details of the Guilty Plea According to court documents, under the leadership of […]

Five hours after a Solana outage, the Layer-1 network has now resumed block production. Solana Outage Fixed A recently published update confirmed that the Solana outage which began at 09:53 UTC and lasted for 5 hours has finally been fixed. Consequently, block production on the beta mainnet has resumed as before. Notably, the resumption was […]

Bitcoin’s recent performance has been marked by significant volatility, with the cryptocurrency testing support levels at $56,500. This testing of support has prompted discussions regarding Bitcoin’s potential to reach the $70,000 price target. A crucial event impacting Bitcoin’s market dynamics was the recent bitcoin halving, which occurred on May 20. This marked the third halving […]

The crypto prices today were in the positive territory, but stayed near the bay, as investors are assessing a flurry of factors before putting any bets. For instance, the uncertainty over a potential timeline for the Federal Reserve to start trimming the policy rates has weighed on the crypto market sentiment. On the other hand, […]

As the cryptocurrency market recovers AI coins have attracted a lot of interest from investors looking to take advantage of the possibilities presented by AI technologies. With a collective market capitalization of approximately $36.6 billion, AI altcoins have seen a significant increase in trading volume by 18.27% over the past 24 hours, providing numerous opportunities […]

In response to mounting regulatory obstacles, Binance, the world’s leading cryptocurrency exchange, has announced its intention to divest its stakes in GOPAX, a major player in the Korean crypto market. Binance’s relation with GOPAX came through its acquisition of the exchange, positioning itself as the largest shareholder with a significant 72.26% stake. This acquisition was […]

Sui Network, a Layer-1 decentralized platform, has addressed and clarified widespread misconceptions regarding its token supply. This response, published on the X platform, is a rebuttal to attacks against its tokenomics, particularly on the distribution of tokens and control of tokens by the founders. The network’s founders are under investigation past the allegations of a […]