Sat, October 3

Serum Price Surges Over 25% in a Day – Is SRM a Good Investment Option?

Serum (SRM) price has skyrocketed over 25% in a day. According to CoinMarketCap, the SRM price is trading at $0.25 with a 24-hour trading volume of $171,246,016 at the time of writing.  While this may be exciting news for investors who already hold SRM, it is important to consider the

April 13, 2023 2 mins read

Billionaire Warren Buffett Criticizes Bitcoin Calling It ‘Gambling Token’

Warren Buffett, the billionaire businessman renowned for his outspoken condemnation of Bitcoin and the cryptocurrency industry, has reaffirmed his stance. On Wednesday, as Bitcoin’s price rose beyond $30,000 and neared a 10-month high, he made the remarks. Buffett has said that the leading cryptocurrency, Bitcoin, is nothing more than a

April 12, 2023 1 min read

FTX Funds Moved to Special Cold Wallet by Ren Protocol

Ren Open Protocol has announced the transformation of all cryptocurrency assets into FTX debtor accounts. Alameda Research acquired this blockchain interoperability platform at the start of 2022. As in the declaration tweet, the transfer was instructed prior in order to protect from “possible shutdowns”. pic.twitter.com/KndTzULW5B — Ren (@renprotocol) April 12,

April 12, 2023 1 min read

Binance CEO CZ Defends “CeFi Is Not Against DeFi”

Diverting their focus from the prevailing volatility in the crypto market, Hong Kong (HK) is keenly advancing towards crypto and Web3 adoption. This is evident from the crypto regulatory actions and Web3-centric events scheduled in the region. On Wednesday, Binance CEO Changpeng Zhao (CZ) connected in a candid virtual interview

April 12, 2023 3 mins read

U.S CFTC Yet Again Claims Crypto as Commodities in Recent Lawsuit

Former Deutsche Bank investment banker Rashawn Russell is the subject of a civil enforcement action brought by the U.S Commodities Futures Trading Commission (CFTC) in the United States District Court for the Eastern District of New York. Furthermore, Russell is accused of defrauding investors out of at least $1 million.

April 12, 2023 1 min read

Hong Kong SFC Proposes Strict Regulation Governing DeFi Sector

Hong Kong is a global leader in the areas of crypto, web 3.0, and decentralized finance. The special administrative region’s goals and policies are consistent with its vision of becoming a technological center. ZA Bank, a regional institution, recently announced that it will support fiat and cryptocurrency transactions and provide

April 12, 2023 2 mins read

Hong Kong’s ZA Bank To Serve as Settlement Bank for Crypto Firms

There have been no big setbacks to Hong Kong’s crypto push, so far. All of the predicted growth in the digital asset market seems to be materializing. ZA Bank, Hong Kong’s biggest virtual bank, now supports both fiat and cryptocurrency transactions and provides account services to the city’s burgeoning digital

April 12, 2023 2 mins read

Bitfinex Securities Granted License to Operate in Bitcoin-Legal El Salvador

The country of El Salvador, located in Central America, has demonstrated a steadfast commitment to and prominent achievements in the realm of cryptocurrency. Recently, Bitfinex Securities took to their Twitter account to announce that they have been granted a license to operate in El Salvador, which has made history as

April 12, 2023 2 mins read

Render Token (RNDR) Price Sees a Sudden Spike of 14%: Will it Continue to Rise?

Render Token (RNDR) has witnessed a significant surge in its price over the past few months. As of today, the live Render Token price is $1.61 with a 24-hour trading volume of 193,582,224 USD, according to CoinMarketCap. The native RNDR token of Render Network has delivered a staggering 400% performance,

April 12, 2023 2 mins read

Chinese Bitcoin Mining Giant Bitmain Hit With $3.7M Tax Penalty

Bitmain, a cryptocurrency mining company located in Beijing, allegedly broke Chinese tax law and was fined heavily as a result. On April 11, the local news source Sina Finance reported that Bitmain Technologies had been hit with a tax penalty by the Beijing Municipal Office of the State Administration of

April 11, 2023 1 min read