On Sunday, the Special Investigation Team (SIT) investigating the alleged multi-crore crypto fraud executed searches at 41 different sites in Himachal Pradesh, India and detained one of the major suspects, Abhishek Sharma. Abhishek, a native of the Una district in Himachal Pradesh, is believed to have been one of the
October 30, 2023 1 min read
Kasikorn Bank, popularly known as K-Bank, in Thailand announced that it has bought 97% of the parent business of Satang, a cryptocurrency exchange that has been active in the nation since 2017. Upon completion of the transaction, Satang will change its name to Orbix. Orbix Custodian, Orbix Invest (a digital
October 30, 2023 2 mins read
DeFi’s total value locked, a key metric for programmable blockchains, is on the rise in the second layer solutions market, which is dominated by Ethereum. In spite of a lacklustre market, the net TVL of the 30 most popular platforms has increased by 32% over the past four months. The
October 29, 2023 1 min read
A surprise move towards a distinct SHIB self-custodial identity has been begun by the Shiba Inu project’s developers. This news follows the successful release of Shibarium, a layer-2 scaling solution. The leading creators of the Shiba Inu project want to include Self Sovereign identity (SSI), a blockchain-based digital identification system,
October 29, 2023 2 mins read
The recent rise in Ethereum’s price is consistent with the market’s optimistic mood. The rising price of Bitcoin, driven in part by the prospect of Bitcoin ETFs, has had a salutary effect on the broader crypto industry. As a result of the market’s upbeat outlook, Ethereum, which is already a
October 28, 2023 2 mins read
A gynecologist working out of central Mumbai, Maharashtra in India lost INR 1.1 crore (approx. $1,31,872) to a Facebook imposter. A lady called Melissa Campbell, proclaiming to be a professional in crypto trading, communicated with the doctor on Facebook last year, promising him a significant return on his investment. After
October 28, 2023 2 mins read
The recent Solana (SOL) transactions made by defunct crypto exchange FTX have garnered a lot of attention. PeckShieldAlert reported today that a whopping 470,000 SOL tokens worth $15 million were moved to an address affiliated with FTX on Solana and labelled as cold storage. The funds were partially transferred to
October 26, 2023 2 mins read
The benefits of Grayscale Investment’s bitcoin trust (GBTC) as a long-term investment are widely acknowledged by market professionals and analysts, who are thus optimistic. The price of GBTC could continue to climb as the discount decreases. And the prospect of SEC approval of the ETF conversion grows. As the likelihood
October 26, 2023 1 min read
Dartmouth Blockchain has tested many of the most well-known blockchains in realistic settings and published their findings on their performance metrics. Eight prominent blockchains were tested and compared. Did you know that SKALE is the world's fastest blockchain? A study conducted by @Voxchain evaluated the performance of 8 popular blockchains:
October 25, 2023 2 mins read
World Table Tennis (WTT), the premier table tennis organization, and FLOKI have entered into a strategic marketing collaboration for the WTT Champions Frankfurt 2023. Through this collaboration, FLOKI and its upcoming sister token, which will debut on October 27, 2023, will be able to advertise to a projected 120 million
October 25, 2023 2 mins read