Asia’s most influential blockchain conference, Korea Blockchain Week 2024, is excited to reveal a lineup of high-profile sponsors and featured speakers. Mysten Labs’ cutting-edge Layer-1 blockchain, Sui, has been selected the Official Conference Partner. Orbs, Flare Network, and Ripple are the Gold sponsors, while Aptos Foundation and Tron are the
June 18, 2024 3 mins read
The CEO of Ripple (XRP), Brad Garlinghouse, has announced a significant partnership with ten separate nations to create their CBDCs. The specifics of these collaborations are still under wraps, but they all have one goal: to use Ripple’s blockchain technology to make the world’s financial institutions safer and more efficient.
June 16, 2024 2 mins read
Adam Moskowitz and David Boies, who are representing FTX creditors in a class action lawsuit, have made great strides in their quest for justice on behalf of those impacted by the crypto exchange’s demise. They are requesting the seizure of assets associated with the troubled FTX founder, Sam Bankman-Fried (SBF).
June 16, 2024 2 mins read
According to CoinGlass, the futures trading volume for Cardano (ADA) surged by 29% in the past day, surpassing half a billion dollars. The surge in value shows that ADA perpetual futures trading is becoming more popular than the spot market. Trading volume for Cardano on exchanges reached $466 million, increasing
June 14, 2024 1 min read
The Michael Saylor-led MicroStrategy is re-increasing its wagers on the crypto industry in the hopes of expanding its Bitcoin holdings. The company just announced that it would be issuing convertible senior notes with a face value of $500 million. Importantly, MicroStrategy has said that it plans to purchase further Bitcoin
June 13, 2024 2 mins read
U.S. Federal Reserve officials have decided to maintain the current range of 5.25% to 5.50% for the benchmark federal funds rate. This decision and the updated predictions that follow it indicate that there will be very little rate decreases in the near future. Inflation has fallen somewhat, but Federal Reserve
June 13, 2024 1 min read
Crypto service providers in Zimbabwe and across the world are being sought out by the Zimbabwean government as they work on cryptocurrency sector regulations. A Zimbabwean government committee has been formed to collect data from cryptocurrency companies providing services in the country with comments due by June 26, according to
June 12, 2024 2 mins read
Tether, the firm behind USDT stablecoin, has made news all over the world once again for its strategic investment projects, this time by announcing its intentions to enter the artificial intelligence and biotech sector. A post from June 11th states that Tether Holdings Inc., the stablecoin giant’s investment arm, plans
June 12, 2024 1 min read
June 10, 2024, saw major trading activity at Ark Invest, headed by Cathie Wood, including a large sell-off of Robinhood Markets Inc. (HOOD). Regardless of the cryptocurrency exchange’s purchase of Bitstamp, the company has persisted in selling off Robinhood shares. In addition, after Ark Invest’s sale of more than $7.5
June 11, 2024 1 min read
Following what seems to be the theft of $22 million in a cyberattack, UK-based crypto exchange Lykke has decided to cease its trading services. The security precautions put in place by crypto exchanges are called into question by this upheaval in the crypto sector. After the well-known web investigator SomaXBT
June 11, 2024 1 min read