The CyberConnect token $CYBER has seen an impressive performance in the past weeks, with a listing on Binance on August 15 and a subsequent 80% increase. Despite a subsequent price drop, the coin is still up by over 100% in the last seven days, and its 24-hour trading volume has increased by 200%.The prominent South […]
An unknown Bitcoin whale has recently emerged, accumulating 118,300 Bitcoin worth over $3 billion at current market prices. The identity of the owner remains unknown, leading to speculation that it could be a centralized exchange such as Gemini or BlackRock, the largest asset management firm in the world.The wallet has become the third-largest holder of […]
CoinDCX, a Coinbase Ventures-backed Indian crypto unicorn, has recently laid off 12% of its workforce, or 71 out of its total 590 employees. This decision was taken due to the prolonged bear market and the impact of Tax Deducted at Source (TDS) on domestic exchanges. The company had previously gone through an internal restructuring earlier […]
Borroe ($ROE) is a decentralized fundraising marketplace that bridges the short-term liquidity gap in the web3 industry. It is powered by AI and provides web3 businesses with instant cash flow instead of waiting to realize their income. The platform is secure and has been audited and verified by BlockAudit. In its presale beta stage, Borroe […]
Binance Coin (BNB) has seen a sharp decline in price, trading to lows of $204 after breaking below the key levels of $210 and $208. This comes amid strong headwinds around Binance, with regulatory issues and payment partner issues adding to the downside pressure. If bulls give up the $200 zone, BNB could drop to […]
Finst, a cryptocurrency exchange based in Amsterdam, has announced the successful release of its Proof of Reserves (PoR) audit conducted by an independent and reputable audit firm. This audit is the first of its kind and sets higher transparency standards in the crypto industry. The audit confirmed that Finst holds its clients’ assets on a […]
EDX Markets, an institutional crypto exchange launched in June 2023, has announced a partnership with Anchorage Digital Bank to provide a secure custody service for its upcoming clearinghouse division, EDX Clearing. The partnership aims to bridge traditional finance market structures with the digital asset ecosystem. EDX Markets is backed by a consortium of major financial […]
Ripple recently won a lawsuit against the US Securities and Exchange Commission (SEC), but some members of the community believe the legal battle caused damages for the firm and its native token, XRP. According to lawyer and founder of CryptoLaw, John Deaton, the SEC lawsuit affected potential mass adoption of XRP in the last three […]
Sam Bankman Fried, the former CEO and co-founder of FTX crypto exchange, has been charged with fraud and money laundering. The charges were initially filed in December, but prosecutors added additional charges of campaign finance earlier this month. Bankman Fried appeared in the Southern District of New York courthouse on Aug. 22 and pleaded not […]
