A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
FTX, the troubled cryptocurrency exchange under the leadership of Sam Bankman-Fried, has announced its intention to entirely reimburse customers and creditors affected by its bankruptcy proceedings. The company assured the judge overseeing the case that individuals who can substantiate their losses are poised to recover their entire investments. However, the
February 1, 2024 2 mins read
Binance, one of the world’s prominent cryptocurrency exchanges, has announced the listing of JUP tokens on its platform. Trading is scheduled to commence today at 15:30 UTC, marking a pivotal moment for both the token and its community. In addition, the listing fee for JUP is set at 0 BNB.
January 31, 2024 2 mins read
A prominent U.S.-based cryptocurrency exchange has successfully defended its users’ transaction data privacy amidst the ongoing XRP lawsuit involving Ripple Labs and plaintiff Vladi Zakinov. According to an on-chain investigator known as Mr. Huber, the U.S. court has sided with Kraken’s argument, dismissing the request for the direct transfer of
January 31, 2024 2 mins read
Jupiter, the Solana-based decentralized exchange (DEX), showcased a significant 24-hour trading volume of nearly $520 million, surpassing Uniswap v3’s Ethereum market, which recorded $436 million. This surge was propelled by the excitement surrounding a new memecoin WEN airdrop and increased stablecoin swaps. Solana (SOL), the standout altcoin of 2023, continues
January 29, 2024 2 mins read
Tesla, the pioneering automotive giant led by Elon Musk, has disclosed that it retained its entire Bitcoin (BTC) reserves valued at $336 million throughout the fourth quarter of 2023, as confirmed in the company’s latest earnings report. The report detailed that Tesla neither bought nor sold Bitcoin during this period.
January 25, 2024 2 mins read
Avalanche (AVAX) meme coins are creating a buzz in the cryptocurrency community, following the trend set by Solana (SOL) meme coins. The Avalanche Foundation has gained attention by updating its investment strategy, now focusing exclusively on meme coins minted on the Avalanche blockchain. Despite recent market fluctuations, both SOL and
January 24, 2024 1 min read
The Bitcoin market is grappling with a significant shift in momentum as selling pressure intensifies, giving bears the upper hand. The prominent asset manager, Grayscale, known for overseeing the Grayscale Bitcoin Trust (GBTC), is playing a pivotal role in driving this trend. While initial excitement over spot Bitcoin ETFs led
January 24, 2024 2 mins read
Terraform Labs, the entity responsible for the now-defunct stablecoin TerraUSD (USTC), has officially filed for Chapter 11 bankruptcy protection in the United States, according to a court document submitted on January 21. The Singapore-based company, known for creating TerraUSD, listed its assets and liabilities in the range of $100 million
January 22, 2024 1 min read
While the global crypto market is facing a downturn, Chainlink (LINK) displayed a notable uptrend, rebounding from a test of the 50-day exponential moving average (EMA) observed in the previous trading session. The bulls showcased probability, recovering over 16% of the prior day’s losses, propelling LINK’s value higher. Chainlink encountered
January 20, 2024 2 mins read
The cryptocurrency market was buzzing with the rapid rise and fall of SatoshiVM (SAVM), an Ethereum-based token, as an anonymous trader turned a $681,000 investment into a significant profit of over $6.77 million within three hours of the token’s launch. Taking advantage of the hype surrounding the new Layer 2
January 20, 2024 2 mins read