Jacob Creech, Solana’s Head of Developer, reminds the broader community that the team will reward anyone with $400,000 in SOL, the platform’s native currency, if “switch off” or halt the high throughput network. Taking to X on October 13, Creech encouraged interested white hacks and coders to head over to their repository and begin penetration […]

  Amid the decline in crypto interest, reports have shown that American-based crypto exchange Coinbase, one of the world’s largest cryptocurrency exchanges experienced, a sharp drop in spot trading volume during the third quarter of 2023. Coinbase Spot Trading Volume Dropped by Half According to the report, the cryptocurrency platform’s spot trading volume fell by […]

In a shocking revelation, blockchain intelligence firm Elliptic has provided an in-depth analysis of the infamous FTX theft, shedding light on the complex web of events surrounding the hack, subsequent money laundering, and the ongoing quest to uncover the identity of the perpetrators.  Based on blockchain analysis, the report exposes the sophisticated techniques employed to […]

On-chain data shows Binance observed Bitcoin inflows of almost $200 million a couple of days back as BTC saw its plunge below $27,000. Binance Has Recently Received Large Bitcoin Deposits As pointed out by analyst James V. Straten in a post on X, inflows have recently occurred on the cryptocurrency exchange Binance. The relevant indicator […]

The SEC must appeal Grayscale’s recent court win by the end of the day today, or will be forced to approve or delay the company’s plan to convert GBTC into a Bitcoin ETF. The Grayscale Bitcoin Trust (GBTC) chart could be signaling an imminent breakout, which could hint at the SEC failing to file an […]

Bitcoin Amsterdam 2023 became the backdrop for a landmark announcement as President Miguel Albuquerque of Madeira, in conversation with Prince Filip of Serbia, unveiled plans for an avant-garde BTC business hub today. This initiative is part of the Madeira BTC adoption experiment, which has been gaining momentum in the Portuguese archipelago of Madeira. It is […]

For some online casino players in the UK, finding casinos not on Gamstop is interesting due to the unrestricted gambling environment they offer. But what exactly is a non Gamstop casino? Simply put, these are online casinos that are not registered with the UK’s self-exclusion scheme offering a different set of opportunities and experiences. Our […]

Per an official press release, the company behind the biggest stablecoin in the world, Tether, announced a change in its top executives. The company announced that Paolo Ardoino, its current CTO, will take over the position of CEO starting in December 2023. Related Reading: Paolo Ardoino Talks FTX, Adoption And Self-Custody With Bitcoinist Tether Announces […]

In a recent development, the Bankrupt crypto lending firm Celsius Network has transferred its crypto holdings amid its ongoing legal battles and plans to repay its customers. Celsius Network Transfers $30 Million Worth Of Crypto In a post shared on his X (formerly Twitter) platform, software engineer Cam Crews confirmed that Celsius had transferred around […]

In the latest clash of crypto heavyweights, Ripple CTO David Schwartz has refuted Cardano founder and IOG CEO Charles Hoskinson’s comments on the ongoing debate surrounding the alleged preferential treatment Ethereum received from the US Securities and Exchange Commission (SEC). The back-and-forth revolves around the so-called “ETH Gate” theory, which questions the SEC’s decision-making process […]

Sam Bankman-Fried (SBF) and his lawyers do not seem to have made any headways in their defense, as the second week of the defendant’s trial ends on October 13. The highlight of how their case has gone so far was again on display when Mark Cohen stepped forward to cross-examine Caroline Ellison on October 12.  […]

John E. Deaton, a seasoned attorney and notable figure within the XRP community, took to X (formerly Twitter) on Thursday, October 12, to signal his intention to write a letter to the Financial Services Committee (FSC), criticizing the lack of efficacy in addressing the US Securities and Exchange Commission (SEC) through letters to its Chairman, […]

Parity Technologies, the developer of Polkadot, a platform at the forefront of blockchain interoperability, has reportedly laid off more than 300 employees. According to an X post shared by “chainyoda,” a core contributor, on October 12, the number retrenched is more than that of developers working on dapps deployed on the blockchain. Parity Technology Game Plan: To […]

The legal battle between Coinbase and the Securities and Exchange Commission (SEC) took a significant turn as the SEC made a recommendation related to Coinbase’s rulemaking appeal, a crucial component of their mandamus action.  Coinbase’s Chief Legal Officer, Paul Grewal, revealed that the SEC communicated with the Third Circuit regarding Coinbase’s rulemaking petition, shedding light […]

Amid the unfolding developments between the US Securities and Exchange Commission (SEC) and leading crypto exchange Binance, a pivotal update involving Circle, the issuer behind stablecoin USD Coin (USDC), has emerged just ahead of a hearing scheduled for October 12. The influential third-party entity has now been granted permission to weigh in on the lawsuit, […]

On Wednesday, the XRP price marked its sixth consecutive loss day after closing in the red below $0.48. Like any digital asset, this continuous close in a loss has significant implications that could be reflected in the asset’s price in the short term. XRP Price Sees Six Consecutive Red Closes The XRP price began a […]