In what unfolds as an optimistic event within the cryptocurrency realm, Shiba Inu, the self-proclaimed Dogecoin killer, noted a remarkable surge in its burn rate today, fueling optimism among traders and investors across the global crypto industry. Burn insights unveiled by the meme coin’s tracker revealed a staggering 1055% upswing in SHIB’s burn rate, contrasting […]

Venture capitalist Marc Andreessen, along with Accolade Partners and Galaxy Digital, has infused a substantial $75 million into the latest funding round of 1kx, a leading crypto venture capital firm renowned for its early-stage investments in crypto infrastructure, consumer applications, and middleware. This significant investment catapults 1kx’s total capital raised to $200 million since the […]

Sam Bankman-Fried, the founder of FTX, has been sentenced to 25 years in prison. This ruling was made after Bankman-Fried was convicted on several charges, including fraud and money laundering, associated with the failure of his cryptocurrency exchange, FTX. The sentencing was conducted in Manhattan federal court, with Judge Lewis A. Kaplan overseeing the entire […]

Mike Novogratz, the CEO of Galaxy Digital, has highlighted the critical state of the US debt deficit. He emphasized the need for the government to cut its spending noticeably. Novogratz also preached for a higher tax on the rich to solve the problem. He stressed that the issue of sealing up the major cash outflow […]

Crypto exchange HKVAEX linked to the world’s largest crypto exchange Binance has withdrawn its virtual asset trading platform license application from Hong Kong Securities and Futures Commission (SFC). The Hong Kong securities regulator asked crypto exchanges and firms to apply for the license before the deadline of February 29. Binance-Linked HKVAEX Withdraws License Application in […]

Blockstream CEO Adam Back seems very optimistic about the possibility of Bitcoin (BTC) hitting a new all-time high (ATH) this “long” weekend.  Bitcoin Might Hit ATH This Weekend Back shared his optimistic sentiment in the early hours of Friday on X, citing some events that could have derailed the coin from reaching for a new […]

The United States Federal Reserve Chair Jerome Powell has reiterated that the U.S. recession is not an immediate worry and the apex bank is not in a hurry to cut interest rates.  US Recession, Inflation and Current Data During an event that was held in San Francisco, Powell acknowledged that the fresh inflation data that […]

Thanks to the growing popularity of cryptocurrencies worldwide, residents in Finland now have the chance to engage in the cryptocurrency industry by selecting a leading cryptocurrency exchange. Cryptocurrency is legal in Finland, and there are no worries about it. This guide will establish a list of approved crypto exchanges in Finland by contrasting them according […]

Earlier this week, the Ethereum network experienced a significant surge in missed slots, predominantly originating from blocks relayed by bloXroute relays. Investigations revealed that while the bloXroute relays effectively published blocks and blobs, the rapid propagation of blocks through the BloXroute Distributed Network (BDN) stood in contrast with the slower propagation of blobs via peer-to-peer […]

Farcaster developer Merkle is planning to raise around $1 billion, according to a report by Bloomberg. The funding is likely to give the firm a unicorn status and also highlights a changing dynamic in the dysphoria of the crypto-related social media realm. Merkle to Raise $1 Billion Bloomberg on Saturday reported, that Merkle, a software […]