As part of its bankruptcy procedures, the defunct crypto exchange FTX has been aggressively selling off some of its cryptocurrency holdings over the last several weeks. Lookonchain conducted an investigation of FTX transfers and found that more than half of all FTX transfers involved Solana (SOL). In preparation for a
November 8, 2023 2 mins read
Ark Invest, led by Cathie Wood, has dumped Grayscale Trust (GBTC) shares again, this time for around $3.8 million, and acquired Block shares for about $5.6 million. Recent transactions reveal that ARK Innovation ETF (ARKK), ARK Next Generation Internet Fund (ARKW), and Ark Fintech Innovation ETF (ARKF) together bought 113,326
November 7, 2023 2 mins read
Coinbase, a prominent cryptocurrency exchange, has been blocked in the Republic of Kazakhstan, according to the Ministry of Culture and Information. According to a report in the country’s domestic media, this comes as the Kazakh government adopts a harsh regulatory posture against the cryptocurrency industry, citing the sector’s infringement of
November 7, 2023 2 mins read
An assault on the Monero community crowdfunding wallet completely wiped out its 2,675.73 Monero (XMR) balance, which was valued approximately $460,000 at the time. The hack occurred on September 1st, but Monero developer Luigi didn’t reveal it until November 2nd, on GitHub. Moreover, he claims that the breach’s origin has
November 6, 2023 2 mins read
Shiba Inu’s lead developer Shytoshi Kusama, has urged SHIB followers and content producers to work together. Kusama’s call to action acknowledges the decentralized character of the platform while working to coordinate the marketing efforts of a wide range of individual operators across different forms of media. Kusama underlined the need
November 5, 2023 2 mins read
Whale Alert has discovered yet another incredible transaction of SHIB from cryptocurrency exchange Bitvavo. A whopping 4.4 trillion SHIB were moved from Bitvavo to a wallet owned by an unknown user. 🚨 🚨 4,454,530,677,374 #SHIB (34,314,122 USD) transferred from #Bitvavo to unknown wallethttps://t.co/vySQ16pctv — Whale Alert (@whale_alert) November 3, 2023
November 3, 2023 2 mins read
Sumit Gupta, the CEO and co-founder of crypto exchange CoinDCX recently took to Twitter to announce that the Advertising Standards Council of India has adopted two key suggestions made by the Bharat Web3 Association in regards to the ‘Guidelines for Advertising Virtual Digital Assets and Linked Services’ released in February
November 2, 2023 2 mins read
According to a recent announcement by Ripple, the XRP token has been approved by the Dubai Financial Services Authority (DFSA) as part of its virtual assets regime. According to the press release by Ripple, licensed enterprises in Dubai International Financial Centre (DIFC) may now include XRP into their virtual asset
November 2, 2023 2 mins read
The U.S SEC has issued a subpoena against payment processing behemoth PayPal in relation to its stablecoin pegged to the U.S. dollar. On November 2nd, PayPal publicly stated in its Q3 financial report with the SEC that it had received a subpoena from the SEC’s Enforcement division over its PYUSD
November 2, 2023 2 mins read
The primary IBW Conference speaker roster has been announced for India Blockchain Week (IBW), which will take place in Bangalore, India, from December 4-10, and is the premier series of blockchain and Web3 events in the nation. The keynote speakers of the conference include Justin Sun, co-founder of TRON, Polygon
November 2, 2023 2 mins read
