Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, once again echoed a sense of frenzy across the broader crypto market on Saturday as the token marked a colossal upswing in its weekly burn rate. As per on-chain data surfacing over the crypto horizon, Shibburn, a platform facilitating SHIB burning […]

A severe security breach that was related to the Grand Base token (GB) shook the crypto community and resulted in a loss of nearly $2 million. This event caused an almost complete fall in the price of GB, dropping by 99% soon after the information about the hack was released. The Grand Base protocol, one […]

Crypto firm Binance has been struggling to keep its grounds firm in the country of India. The Indian government’s crackdown on offshore crypto exchanges has led to some major names getting in trouble. In the wake of regulatory scrutiny, Binance has assured its customers that their funds are still safe and secured with the company. […]

Following the introduction of Hong Kong spot Bitcoin ETFs, Bitcoin (BTC) and the wider cryptocurrency market saw a notable rebound during Asian trading hours on Monday, April 15. However, as the day progressed, a downturn in the US market dampened the crypto market’s recovery, leading to a decline of over 4.5% in the Bitcoin price, […]

The world’s largest cryptocurrency Bitcoin has been facing selling pressure ever since the Bitcoin ETF approval last week. It also recorded the largest losing streak over the last month, with four consecutive days of negative closing. As of press time, the Bitcoin Price is down 0.22% trading at $42,557 levels with a market cap of […]

Artificial Intelligence (AI) protocol SingularityNET has announced that a significant majority of its token holders have voted in favor of the potential Artificial Superintelligence (ASI) Alliance proposal. ASI Alliance Moving Forward On SingularityNET Endorsement The new development is a forward-thinking step from AGIX holders as it marks the beginning of the formation of the largest […]

In a significant move towards advancing the practical applications of Web3 technology, Hitachi US has officially become the latest member of the Hedera Council. Meanwhile, this collaboration aims to leverage Hitachi’s industrial solutions expertise to create proof-of-concepts for end-to-end supply chain and sustainability solutions on the Hedera Distributed Ledger Technology (DLT) platform. Notably, the partnership […]

The South Korean Won (KRW) has overtaken the US Dollar (USD) in terms of trading volume against cryptocurrencies. A report by the financial analytics firm Kaiko revealed that in Q1 of 2024, transactions on centralized cryptocurrency exchanges involving the Won exceeded $456 billion. This narrowly edges out the trading volume of the US Dollar, which […]

In a recent interaction on the X social media platform, Ripple’s Chief Technology Officer, David Schwartz, voiced his concerns over the idea of restricting access to open-source artificial intelligence products. His comments were in response to an article published by IEEE Spectrum, where he highlighted the potential dangers of elite control in the realm of […]

Bank of America Q1 2024 earnings show a slump in profits although figures top analyst expectations amid interest rates worries. The bank reported a revenue of $25.98 billion higher than a projected $25.46 billion for the first quarter.  Similarly, net interest income came in at $14.19 billion, above the $13.93 billion projects by StreetAccount. Although […]