Nikhil Wahi had been taken into custody by the police in July. Nikhil liquidated his crypto holdings shortly after the announcements. United States Attorney for the Southern District of New York said on Monday, September 12 that 26-year-old Nikhil Wahi pled guilty to wire fraud and insider trading of cryptocurrencies
September 13, 2022 2 mins read
Whampoa Group, Singaporean asset management, is planning to launch both a venture capital fund and a crypto hedge fund dedicated to digital asset investments. The corporation plans to invest $100 million based on preliminary estimates. The organization wants to raise $50 million for the cryptocurrency hedge fund and has allocated
September 12, 2022 2 mins read
The collaboration will be assisted by Searce, a provider of cloud-based services. Google Cloud is joining the ranks as the 18th validator. Web3 firm Axie Infinity, founded by Sky Mavis, has enlisted the aid of one of the major Web2 IT companies in an effort to further decentralize the Ronin
September 11, 2022 2 mins read
Ape is now trading at $5.15, and reached its highest price in two weeks. The Ape Foundation has recently detailed its proposals for a new voting process. According to CMC, the price of ApeCoin (APE), the Ethereum-based token of the Bored Ape Yacht Club ecosystem, has risen by 15.7 percent
September 11, 2022 2 mins read
In January of this year, DefiLlama reported that DeFi TVL had reached $250 billion. Despite the decrease in TVL, August saw a 3.7% increase in activity based on DeFi. Current findings from DappRadar indicate a 10.47% decrease in the total value locked (TVL) throughout the DeFi ecosystem in August. At
September 10, 2022 2 mins read
To illustrate how blockchain gaming has emerged as the frontrunner of the next web3. DappRadar is the global app store for decentralized applications has released its Blockchain Games Report #7. Which focuses on the most noteworthy recent advancements in the space. As per the report, the average number of Unique
September 8, 2022 2 mins read
In an effort to accelerate the use of blockchain technology, Orbs is extending its operations to The Open Network (TON). It is a major step in Orbs’ objective to aid developers in creating superior decentralized protocols and solutions, and the first non-EVM L1 solution it has supported. Between the L1/L2
September 7, 2022 1 min read
The present inflation situation is a key aspect of his forecast. The Federal Reserve has been increasing interest rates. There has been a severe drop in the cryptocurrency market yet again. Extremely negative patterns may be seen in the Bitcoin price. Its price dropped by about 6% in the previous
September 7, 2022 2 mins read
The cryptocurrency industry as a whole will benefit from the Ethereum Merge. The last significant update before the transition, Bellatrix was completed. According to Polygon Network, the impending Ethereum Merge will eliminate almost 99.1 percent of the network’s carbon footprint. With the impending Merge, it will be significantly less harmful
September 7, 2022 1 min read
Meirelles is all set to join Binance’s advisory board. In 2003, Henrique Meirelles was elected president of the Central Bank of Brazil. Despite the ongoing Crypto Winter, the world’s biggest exchange by trading volume, Binance, is making strides to grow its staff. A former governor of Brazil’s central bank has
September 6, 2022 2 mins read
