Oct 16 2023
Axie Infinity, Optimism, and Aptos are set to release more than $130 million into the market collectively. Axie Infinity has the largest increase in the circulating supply of its AXS token at 11.5%. This release comes after a previous unlock in July, which saw 3.4 million AXS tokens valued at $16.3 million enter the market. …
Oct 15 2023
The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland just recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions. As per reports, the novel project leverages the concepts …
Oct 15 2023
Alex Mashinsky – former boss of defunct crypto lending firm Celsius – is scheduled to begin his criminal fraud trial on September 17, 2024. Mashinsky is accused of defrauding his former company Celsius out of millions of dollars. The trial is expected to last for up to two years, with the jury expected to reach …
Oct 15 2023
The European Commission instructed Bucharest to redirect funds it had received for other projects but had not yet spent into assistance for Ukrainian refugees. Some of that money was previously meant, for example, for the REACT-EU program, which provided financial relief to alleviate the consequences of the COVID-19 pandemic. Nearly two billion euros were supposed …
Oct 15 2023
Changpeng Zhao recently shared his thoughts and observations on the dynamics and sentiments surrounding Bitcoin halvings based on his experiences during the past three events. The cryptocurrency community buzzes with excitement and curiosity in the months leading up to a Bitcoin halving. One common misconception is that BTC’s price prospects and potential impact on the …
Oct 14 2023
The second edition of the State of Cross-chain Crime report revealed that sanctioned entities and terrorists now hold more than 80 crypto assets across over 26 blockchains. Elliptic analysts had predicted that the amount laundered through DEXs, bridges, and coin swaps would rise to $6.5 billion by the end of 2023 and $10.5billion by 2025. …
Oct 14 2023
Charles Hoskinson, the founder of the Cardano blockchain, has slammed the mainstream media and everyone who is trying to paint the wrongdoings of Sam Bankman-Fried as mistakes. Hoskinson said it seemed “extraordinary” to him that SBF, who he tagged the “Bernie Madoff of my generation,” was getting a free pass from the media because he …
Oct 13 2023
Gold has been among the most popular investment tools for wealth preservation. However, its performance on weekly, yearly, and even 10-yearly scales is not all that impressive. At the same time, BTC is a much newer concept that takes gold’s unique qualities a step further. And, even though it has disadvantages of its own, it …
Oct 13 2023
@Satoshi, the handle for a verified account under Satoshi Nakamoto, has tweeted for the first time in five years. The user commits to spending the next few months exploring additional important issues about Bitcoin, left out of the original white paper. This unexpected return has sparked curiosity and speculation within the cryptocurrency community, with over …
Oct 13 2023
Upbit, a South Korean cryptocurrency exchange, faced over 159,000 hacking attempts during the first half of 2023. This figure represents a significant surge, with a 117% rise compared to the same period in 2022. Upbit is one of South Korea’s largest cryptocurrency exchanges, boasting an impressive 24-hour trading volume of approximately $1.2 billion. Other significant …