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Nantha kumar

A passionate content writer with a background in journalism. Loves to explore and stay up-to-date with new technologies. Through his writing, he aims to share his knowledge and insights about the latest developments in the crypto world.

Posts by Nantha kumar

Polygon (MATIC)

Polygon Surpasses Ethereum as Most Popular Blockchain

Polygon Network, a platform to build and scale decentralized applications and projects, emerges as the most popular blockchain for Web3 adoption by major brands. It became the go-to place for companies seeking to enter Web3 by surpassing Ethereum. In 2022, Ethereum was the most popular destination for major brands. The

May 18, 2023 1 min read
Bitget Exchange

Bitget Exchange Looking for Expansion with Active Hiring in Key Departments

Bitget, a crypto derivative exchange, has released the transparency report for Q1 2023. The report includes the major achievements, new listings, and general traction that Bitget made in Q1 2023. According to the report, Bitget’s feature trading volume has witnessed an increase of 27% quarter-over-quarter to reach $658 billion. And

May 18, 2023 2 mins read
SEC v. Ripple Case

Court Rejects SEC’s Attempt to Seal Hinman Documents in SEC v. Ripple Case

Judge Analisa Torres denied the U.S. Securities and Exchange Commission’s motion to seal the Hinman documents in the case of Ripple v. SEC. According to the report, the U.S. District Court has identified the Hinman documents as judicial documents. Judge Torres stated that the SEC moves to seal the Hinman

May 17, 2023 1 min read
Shiba Inu (SHIB) Becomes the Go-To Token for Top Ethereum Whales

Shiba Inu (SHIB) Whales Moved 5 Trillion Tokens Across Unknown Wallets

The memecoin sector has taken over the crypto market in recent days. The arrival of new memecoins and their remarkable price surge have made a great impact in the crypto space. It also increased the popularity of memecoins.  Adding to that, Shiba Inu (SHIB), the popular memecoin, has witnessed a

May 17, 2023 1 min read
Crypto Exchange OKX Releases 10th Proof-of-Reserve (PoR) Report

OKX Wallet Launches Ordinals Marketplace for BRC-20 Tokens Trading

OKX Wallet, a leading web3 technology company, has become the first multichain wallet to support BRC-20 tokens trading with the launch of the Ordinals Marketplace. On May 16, the company announced the launch of the Ordinals Marketplace on the OKX Wallet. 📢 Introducing Ordinals Marketplace on @okxweb3, where you can

May 16, 2023 2 mins read
U.S. DOJ Cracks

U.S. DOJ Cracks Down on Crypto Exchanges Engaged in Illicit Activities

The U.S. Department of Justice (DOJ) will target crypto exchanges that engage in or allow criminal activity, such as money laundering. Moreover, the illicit transaction rate has surged up to $20 billion in 2022, which is an increase of 40% from 2021. On Monday, the Financial Times reported that the

May 16, 2023 1 min read
Upbit and Bithumb

Upbit and Bithumb Exchanges Raided by South Korean Authorities

The prosecutors in South Korea have conducted a raid on the two local crypto exchanges as part of the investigation into the digital assets of lawmaker Kim Nam-kuk.  Yonhap, a South Korean news agency, reported that a group of prosecutors from the Seoul southern district office raided the two crypto

May 15, 2023 1 min read
Proof of Reserve’s Legislation Inches Closer To Becoming a Law in Texas

Texas Takes a Stand Against Central Bank Digital Currency (CBDC)

On May 12, Texas announced that they were introducing a bill to ban the Central Bank Digital Currency (CBDC) in their state by the 88th legislature. According to the draftees, CBDC is a bad idea. A Central Bank Digital Currency is the digital form of a country’s fiat currency. CBDC

May 13, 2023 1 min read
Shiba Inu Joins HKVAC's Virtual Asset Index: A Memecoin Milestone Unleashed

The New Twitter CEO Linda Yaccarino Follows Shiba Inu (SHIB)

On May 12, Elon Musk announced that he was going to step down from the Twitter CEO post and appointed Linda Yaccarino as the new CEO. After the announcement, some crypto users spotted that Yaccarino follows Shiba Inu’s (SHIB) Twitter account. The talks started around the crypto market about the

May 13, 2023 1 min read
PepeCoin Rebounds 13% After Taking Severe Blow Amid SEC Tussle

Did Binance List PEPE Too Quickly? Investors Suffer in Huge Loss

The newly emerged memecoin Pepe (PEPE) has witnessed a continued downfall in recent days. There is a question rising among investors about whether the world’s largest crypto exchange, Binance, listed the new memecoin too quickly. Pepe, the frog-themed memecoin, has shown a massive rise in trading price and gained huge

May 13, 2023 1 min read
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