A court document suggests that defunct cryptocurrency lender Celsius Network sought to sue crypto blogger and Celsius creditor Tiffany Fong for disclosing confidential business information. According to a snapshot posted by Fong, she has around $119,000 worth of crypto assets locked on Celsius after the company halted withdrawals in the
April 16, 2023 1 min read
As part of its strategy to shift its emphasis from retail to institutional clients, Bloomberg reports that Singapore’s Amber Group is contemplating selling its Japanese operation. Annabelle Huang, the managing partner at Amber, said the company is exploring alternatives, including a sale, for its Japan division. A “very high quality
April 16, 2023 1 min read
As a result of a number of developments on the Cardano network, the price of Cardano (ADA) is making a big upward surge and breaking over important levels. The ADA price increased by 6% in a single day after the alpha release of Aiken, Cardano’s programming language and tools for
April 16, 2023 1 min read
Despite worries that fresh Ether supply may flood markets following the long-awaited Shapella upgrade. The market has responded positively to the news. After the Shapella update was finished successfully, the price of Ethereum skyrocketed to the $2,000 mark. In spite of increasing selling pressure brought on by the release of
April 13, 2023 1 min read
Paxos, a fintech firm that provides blockchain-based solutions for the international financial sector, has stated that it would no longer be operating in Canada. As of Tuesday, June 2, clients will no longer be able to do anything in their Paxos accounts but withdraw money, according to a statement provided
April 13, 2023 2 mins read
Compared to February, when prices grew by 0.4%, the CPI increased by 0.1% in March 2023 after seasonal adjustments were made. Inflation statistics for March showed an annual rise in the all-items index of 5.0% before seasonal adjustment. The Consumer Price Index (CPI) for March 2023 had recently been issued
April 12, 2023 1 min read
Despite a general crypto market pullback following Bitcoin’s break above the $30,000 barrier on Tuesday, the price of Solana has soared by 20% in only the previous two days. On Wednesday, SOL price continued its upward trajectory with an 8% increase. In the last twenty-four hours, prices have fluctuated between
April 12, 2023 2 mins read
CleanSpark, a Bitcoin miner based in Sandersville, Georgia, in the United States, has announced the completion of a $144.9 million transaction to acquire 45,000 of Bitmain’s Antminer S19 XP Bitcoin mining machines. The first 25,000 miners will start trickling in over the month of August, with the remaining devices coming
April 11, 2023 1 min read
Expectations of success in a lawsuit against the U.S. Securities and Exchange Commission (SEC) have boosted the value of Ripple’s native token, XRP. According to WhaleAlert’s data, in the previous 24 hours, whale addresses have contributed over 146 million XRP (about worth $77 million) over several transactions. The largest accumulation
April 11, 2023 1 min read
In an effort to further crypto adoption in Africa, cryptocurrency exchange Binance has announced a partnership with video streaming provider Showmax. As per reports, 500 Binance users in Nigeria would get a free month of Streaming after signing up to actively participate in Web3. Binance’s West Africa Marketing Director Emmanuel
April 10, 2023 2 mins read