A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Zettai Pte Ltd, the parent company of crypto exchange WazirX, held a town hall meeting today to address the ongoing restructuring process following a major $230 million (₹2000 crore) crypto hack. The company has announced that “it will take up to six months to complete this restructuring, during which users
September 2, 2024 2 mins read
After the U.S. court’s order for FTX to pay $12.7 billion and repay creditors, the exchange is facing new challenges in its repayment efforts. The US Securities and Exchange Commission (SEC) has issued a warning against the bankrupt exchange’s strategy for repaying creditors. The SEC’s latest filing suggests a “possible
September 2, 2024 2 mins read
As the crypto market encounters a correction, Dogecoin (DOGE) has also displayed a significant drawdown, erasing recent gains. After reaching a peak of $0.1018 on August 30, following a favorable court ruling for Elon Musk and Tesla, DOGE has struggled to maintain its gains. The court found Musk’s tweets about
September 2, 2024 3 mins read
In the last 24 hours, Dogecoin (DOGE) saw a modest uptick of 4.02%, reaching $0.1025 as it attempts to recover from recent setbacks. The slight boost in price was followed by the dismissal of a federal lawsuit against Elon Musk and Tesla, with the court ruling that Musk’s Dogecoin-related tweets
August 30, 2024 2 mins read
While the Bitcoin miners are facing difficulties in maintaining profitability following the April 19 halving, a solo miner has successfully processed Bitcoin block 858,978 and netted nearly $200,000. The block, processed at 4:21 PM UTC on August 29, included 2,391 transactions and yielded a reward of 3.27 BTC, valued at
August 30, 2024 2 mins read
Bitcoin (BTC) displayed another drop today, falling to $58,710 after briefly rallying to $61,184 yesterday. This decline wiped out all gains over the last 12 hours, marking a 4% decrease. This drop, although notable, isn’t as severe as the decline seen on August 28, when BTC fell to $57,974—its largest
August 30, 2024 2 mins read
The Bank for International Settlements (BIS) recently highlighted the complexities and risks banks face when engaging with permissionless blockchains in its latest working paper, published on August 28. The report from the Basel Committee on Banking Supervision outlines several concerns tied to these decentralized systems. One key issue is the
August 29, 2024 2 mins read
Amidst a global market downturn, Helium (HNT) is changing the trend and showing significant gains. According to CoinMarketCap, the price of HNT surged over 12.29%, moving from $6.67 to a recent high of $7.49, with the upward momentum continuing. This rally comes with Helium’s official announcement of the approved proposals,
August 29, 2024 2 mins read
As the cryptocurrency market navigates a turbulent period, Bitcoin (BTC) has showcased a significant drop, moving from nearly $65,000 to below $58,000 in recent days. This downward shift has been influenced by a mix of factors, including market reactions to recent economic news and broader financial trends. According to CoinMarketCap,
August 29, 2024 2 mins read
The crypto market is reeling from significant losses, with Bitcoin (BTC) falling under $59,000 and Ethereum (ETH) experiencing a sharp decline of nearly 10%, dropping from its high of $2,800 to below $2,500. Particularly since the start of August, Ethereum has taken a significant nosedive and has struggled to breach
August 28, 2024 2 mins read
