The Shibarium Layer-2 upgrade is launching any day now, and it looks like some big SHIB players are making moves ahead of the launch. According to on-chain data, over $28 million in SHIB tokens have been withdrawn from major crypto exchanges in the just concluded month of July. Massive Withdrawals Signal Investor Interest in Shibarium …
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The CEO of Lightspark, David Marcus, has come forward to share his experiences on building atop the Bitcoin Lightning Network. Marcus noted the challenges the Lightning Network held for builders, stating that it was incredibly difficult and complex to develop software around the protocol. The Bitcoin Lightning Network And The Challenges It Holds for Builders …
Following the recent exploit of Curve Finance pools, there have been genuine concerns about the stability of the decentralized exchange and the Decentralized Finance (DeFi) ecosystem. A new report has emerged, raising questions about Curve founder Michael Egorov’s $100 million loan positions. These positions have garnered significant interest, as they are backed by about 47% …
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According to Japanese-based crypto media outlet Coinpost, Binance will launch in Japan fully this month and intends to list 34 tokens on its exchange. This means the platform will offer more tokens than its local competitors in Japan, with major domestic exchanges Bitbank, GMO Coin, and Coincheck listing 30, 36, and 22 tokens, respectively. The …
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Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price May Be The Next Support Level As pointed out by an analyst in a CryptoQuant post, the realized price of the short-term holders at $28,000 …
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FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy. News Join us on social networks A body representing FTX customers said it is “extremely disappointed” by the exchange’s draft bankruptcy exit plan and claims it was ignored by FTX’s restructuring …
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A New York federal judge rejected a landmark ruling in favour of Ripple Labs, Inc. and said crypto tokens sold to the public may be […] Go to Source
Ron DeSantis, the Republican Candidate for 2024’s presidential election, said he will toss a Central Bank Digital Currency into the trash can and end what […] Go to Source
Is there a connection between the rug pull of the short-lived BALD meme coin and Sam Bankman-Fried’s Alameda Research? The hype around the BALD token […] Go to Source
The U.S. Securities and Exchange Commission (SEC) has charged Hex founder Richard Schueler, best known as Richard Heart, for conducting unregistered offerings of crypto asset […] Go to Source
Michael Saylor-founded MicroStrategy disclosed it now holds 152,800 Bitcoin as of July 30, and is back in the black. News Join us on social networks Business intelligence firm MicroStrategy — one of the largest corporate holders of Bitcoin (BTC) in the United States — managed to return to profitability in the second quarter amid a …
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The judge in the FTX bankruptcy proceedings is permitting Terraform Labs to subpoena relevant information from the exchange in its ongoing case against the U.S. Securities and Exchange Commission (SEC). According to Judge John Dorsey’s filing on July 31st, Terraform Labs can issue subpoenas to FTX Trading and FTX.US to gather evidence for their defense against SEC’s …
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The retail company used to be known primarily for its brick-and-mortar retail stores but has also launched an NFT marketplace and a soon-to-be-canceled line of crypto wallets. News Join us on social networks Gaming retail company GameStop has announced it will remove its digital wallets from the market starting in November, citing “regulatory uncertainty of …
As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency. News Join us on social networks Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documentation to court claiming he is fully a …
Defunct crypto lender Voyager Digital has become the target of a scam amid its bankruptcy proceedings. The scams were designed to extract data from Voyager’s customers who were awaiting repayment from the firm. Law enforcement agencies and bankruptcy officials are investigating the scams. The platform’s native token VGX lost more than 10% of its value …
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