In what comes as a remarkable milestone achievement for Nvidia, a global GPU manufacturing giant, the firm recently revealed its AI super chip Blackwell at the GTC conference held in San Jose, California, garnering international attention. With the company’s CEO, Jensen Huang, spotlighting the new state-of-the-art processor, Nvidia curated waves with the launch of Blackwell, […]

The decentralized finance (DeFi) ecosystem found itself on shaky ground as liquidations soared. In the last 24 hours, the DeFi ecosystem witnessed more than $5.4 million in collateral liquidations of which Ethereum (ETH) held a massive share. This comes amid the Ethereum price drop to $3,200 after it neared rhe $4,100 mark earlier this month. […]

The cryptocurrency world witnessed a sudden and sharp drop in the Bitcoin price on the BitMEX Exchange, sending ripples of speculation across the market. As Bitcoin plummeted to $8,900 on BitMEX while maintaining a significantly higher value on other exchanges, concerns arose over the reasons behind this drastic discrepancy. Notably, analysts pointed fingers at potential […]

The Securities and Futures Commission (SFC) has issued a warning to the public regarding fraudulent activities perpetrated by suspicious websites masquerading as licensed institutions. One such website, “KKR Global,” has been identified for impersonating KKR Capital Markets Asia Limited, a licensed agency of the SFC. These websites are suspected of engaging in virtual asset-related fraud, […]

Michael Sonnenshein, chief executive offer of crypto asset manager Grayscale, discloses that fees on its flagship Grayscale Bitcoin Trust (GBTC) Bitcoin ETF will reduce gradually over time. Sonnenshein said the fees will drop after GBTC outflows reached over $12 billion, backtracking from defending its higher charges. Grayscale to Reduce GBTC Fees Grayscale CEO Michael Sonnenshein […]

The Ethereum price has been a victim of the crypto market crash having experienced a drop in its value. ETH’s market performance chart shows a red pattern over the past week with an 18.88% decrease. With an increase of 86% in its value year-to-date the market seems optimistic for the token to hit $8,000 by […]

The recent Bitcoin crash has sent shockwaves through the crypto market, prompting discussions about the underlying causes of this downturn. With BTC prices plummeting nearly 7% today, investors are left searching for potential reasons amid the volatility. So, let’s delve into the various factors that might have triggered the sell-off and contributed to the current […]

In a historic move, the Oklahoma has emerged as the 12th U.S. state to pass a landmark bill aimed at safeguarding the fundamental rights of Bitcoin (BTC) users. The development marks a massive achievement for the crypto community amid heightened crackdown from the Federal Government and the Securities and Exchange Commission (SEC). Oklahoma Steps Up […]

Ethereum’s Layer-2 scaling solution Arbitrum has been undergoing some major developments recently after the token unlock last Saturday, March 16. The Arbitrum (ARB) price has corrected 25% since then and is currently trading at $1.51. Arbitrum (ARB) Price and Market Cap Correlation Arbitrum initiated a “Cliff Unlock” event on March 16, distributing 1.1 billion ARB […]

Recently, Offchain Labs has effectively implemented the Atlas upgrade in the Arbitrum ecosystem to reduce transaction fees for Arbitrum network users. This was achieved by implementing blobs, a new transaction type introduced in the recent Dencun upgrade. Despite this network improvement, Arbitrum (ARB) has been painting its performance chart red because of its declining value. […]