Coinbase Shutdown Operations In Japan Despite Staff Layoffs
Coinbase, a renowned crypto exchange firm, wants to close a huge part of its operations in Japan. This move is part of the exchange's restructuring plan and effort to weather…
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Ripple (XRP)
Flare Tokens Finally Airdropped To Eligible XRP Holders After A Long Wait
Following an almost two-year wait, Flare has started distributing its FLR tokens to eligible XRP holders. The long-awaited distribution has generated massive discussion in the community as members interacted about…
Mango Exploit: SEC is also probing Eisenberg – CFTC Commissioner
The SEC scrutinizes Mango exploiter Eisenberg for potential Commodity Exchange Act (CEA) breaches. In a report issued earlier this week, Commissioner Kristin Johnson of the CFTC confirmed the SEC's probe…
Binance’s Multicoin Acquisition Raises Questions About Its Feud With FTX
In 2021, Binance, the largest crypto exchange in the crypto sector, purchased stakes in the crypto hedge firm Multicoin. However, this investment has raised questions in the Twitter crypto community…
The Binance Effect Leads To A 41% Increase In The Price Of Newly Listed Tokens – Study
According to a study by Ren & Heinrich, Binance's rise as the leading global cryptocurrency exchange may imply that its token listings now receive significant attention. The study monitored 26…
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Shiba Inu (SHIB)
Shibarium Team Debunk Rumors And Confirms BONE As Its Only Utility Token
Recently, the Shibarium team released an official statement to clarify its users concerning the spreading rumors about its network. The team tweeted that their BONE token is their platform's only…
Fanatic Offloads 60% Of Its Ownership In Candy Digital, Cites ‘Imploding’ NFT Market
Non-Fungible Tokens (NFTs) have seen much activity lately, such as selling digital art and virtual real estate. Hence, NFTs have become an increasingly popular way to buy and sell digital…
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Regulation
SEC Moves To Stop Binance.US’s Voyager Digital Acquisition
The US Securities and Exchange Commission has submitted a "limited objection" to prevent Binance.US's deal to buy Voyager Digital, the bankrupt crypto lender. According to reports, the securities regulator wants…
These Two Crypto-related ETFs Top The Worst-Performing ETFs In Australia For 2022
Data from on-chain analytic firms revealed that crypto-related ETFs struggle the most in Australia and the USA. According to the data, two crypto ETFs are the worst-performing ETFs in Australia.…
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Chinese Communist Party Secretary Connives With Miners To Violate Nationwide Ban
Xiao Yi, a Communist Party's provincial secretary in China, has reportedly pleaded guilty after being charged with violating the country's ban on Bitcoin mining. He allegedly accepted bribes from some…
DOGE Price Increases As Dogecoin Foundation Announce Development Fund
Amazement fills the air as Dogecoin Foundation discloses its major fund for the Core development. As a result, DOGE's price increased by 2% in one hour. On Saturday, the Dogecoin…
More Troubles For Solana As Crypto Platform Delists SOL
Matrixport, a crypto assets platform, has decided to delist Solana from its platform on December 30th. According to reports, Matrixport will not launch new Solana products anymore. Meanwhile, this news…
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Scammers Impersonate US Agency, Claims To Help Affected FTX Users
Last month, the famous crypto exchange, FTX, filed for bankruptcy, leaving several users stranded. The FTX CEO reportedly misused investors' funds. Meanwhile, several scammers have capitalized on the opportunity. They…
Daily Trading Volume Hit The Lowest In Years As Market Cap Drops Under $800 Billion
The crypto industry has fallen in 2022 and lost more than 2.2 trillion dollars in the last 12 months. On-chain data shows that the daily size of crypto trading had…
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Ethereum (ETH)
Regulation
Buenos Aires To Tax Crypto Mining Firms In 2023
Buenos Aires, a city in Argentina, plans to launch taxation on crypto mining operations in 2023. According to reports, the city could also extend the taxes to staking. Buenos Aires…
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Stablecoin
Jewel Bank To launch The First USD-Backed Stablecoin In Bermuda
According to Jewel Bank founder and chairman Chance Barnett, institutions in Bermuda will have access to real-time transactions using the stablecoin pegged to the US dollar. The first stablecoin to…
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Metaverse
Paradigm Reduces Staff Salaries By 15% Due To FTX Contagion
Paradigm, a crypto derivative trading firm, has reduced the salaries of its workers by 15%. Notably, this OTC company is in no way affiliated with a popular crypto investment firm…
Bitcoin May End Up Plunging to $10,000, Prediction by Mark Mobius
Mark Mobius, the founder of the capital firm Mobius Capital Partners has made a prediction about the future trading price of Bitcoin (BTC). He has predicted that the BTC trading…
Current Crypto Crisis Reduces ETF Assets in a Market That Has Accepted Them
The enormous decline in ETF assets has resulted from the declining price of Bitcoin and other cryptocurrencies, rather than from small withdrawals. According to Straus statistics, crypto ETFs witnessed C$51…
Data Shows Above 6k Crypto Powered ATMs Installed Worldwide & Majority Landed In US
Data suggests that year-to-date at least 6100 crypto-powered automated teller machines have been installed throughout the world, however, the most number of crypto ATMs landed in and are serving the…
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Concerned Over FTX, US Lawmakers Advise Fidelity Not To Pursue BTC 401(K) Offer
Fidelity Investments of the US has been called upon by US lawmakers not to pursue its BTC 401(k) retirement offer. Lawmakers are of the view that there is a huge…
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Dogecoin (DOGE)
Price Analysis
Dogecoin Is Observing Strong Rallies, Twitter May Add A Positive Factor To Its Price
Dogecoin (DOGE) has displayed a strong performance in the latest trading session. It is among the few luckiest crypto whose prices have moved in the exact opposite direction versus the…
A Major Crypto Lending Firm Investigated by Authorities, Caution for Users
Hodlnaut, a major cryptocurrency lending firm based in Singapore is currently being investigated by the local authorities. The Singapore police authorities have launched a probe against the firm. The reason…
CoinMarketCap Launches A New Feature That Is Going To Reduce Major Crashes In Future
CoinMarketCap has announced the launch of a new feature that will help track cryptocurrencies on a different level. The firm has tried clearing out the ambiguity factor from the cryptocurrency…
Shark Tank Star O’Leary Bashed For Suggesting He’d Continue To Support FTX’s CEO
Kevin O’Leary, popularly known as ‘Mr. Wonderful’, was bashed by the public on social media platforms when he suggested that he would continue to support FTX’s CEO, Sam Bankman-Fried. People…