Tue, October 6

Former FTX Engineering Chief Seeking Deal With Federal Prosecutors

Sam Bankman Fried’s (SBF) former roommate and confidant is reportedly looking to secure a plea deal. Nishad Singh, the former engineering chief at FTX, reportedly met with federal prosecutors to join Bankman Fried’s inner circle and negotiate a cooperation agreement in the fraud case involving the collapse of the cryptocurrency

January 10, 2023 1 min read

Microsoft Reportedly Planning To Acquire 49% Stake in ChatGPT

Presently, ChatGPT is one of the most talked-about things on the web. The AI programme is being used to provide feedback, draft reports, and create new software. Currently, Semafor claims that Microsoft is in talks to acquire OpenAI, ChatGPT’s parent business. The tech behemoth is prepared to spend more than

January 10, 2023 1 min read

CFTC Files Charges Against the Mango Markets $110M Exploiter

The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the United States District Court of Southern District of New York on Monday against the “Mango Markets exploiter” Avraham Eisenberg for indulging in illicit market manipulation. This is the first time CFTC will charge an illegitimate trader with

January 10, 2023 2 mins read

Binance Lost $12 Billion in Assets Due to User Withdrawals

Despite the recovery in the cryptocurrency markets following the demise of the FTX exchange, the situation with Binance withdrawals has not yet normalized. According to a recent report from Forbes, Binance has lost $12 billion in assets as a result of users continuing to withdraw money from the exchange.  Binance,

January 10, 2023 2 mins read

Metaverse Game Coin GALA Skyrockets Over 70% in A Day

Gala price skyrocketed to the helm of crypto recovery with over 70% move to $0.0483. Moreover, the metaverse token has surprised the crypto audience with its trading volume surging by 569% to $1,538 million in 24 hours.  GALA Price Skyrockets Over 70% in A Day  Intriguingly, the optimistic outlook for

January 9, 2023 1 min read

Top 5 Cryptocurrency Gainers of the Day

As the global cryptocurrency market attained a rapid bullish outlook, the leading cryptocurrencies experienced a dramatic price surge. Let’s take a look at the top 5 cryptocurrency gainers of the past 24 hours. Zilliqa (ZIL) Zilliqa (ZIL) is the utility token of the Zilliqa ecosystem. The layer-1 public blockchain, Zilliqa,

January 9, 2023 2 mins read

Government Employees of Nigeria Barred From Cash Withdrawals

Modibbo R. Hamman Tukur, the Director of the Nigerian Financial Intelligence Unit (NFIU), has announced that, as of March 1, government employees in Nigeria would no longer be able to withdraw cash from government accounts. According to reports, the new law applies to officials at all levels of government and

January 9, 2023 1 min read

Logan Paul Apologised to Coffeezilla and “Take Accountability”

Logan Paul has come under criticism from followers in recent weeks after being accused of defrauding them with his initiative CryptoZoo. Logan hit back with a threatening video for the misinformation and unlawful recording with his management, and after the uproar, he withdrew the post and apologized to Coffeezilla. While

January 9, 2023 2 mins read

Solana Price Jumps 35%, Will the Surge Continue?

Solana seemed to have the best first week of any top-twenty coin this year. SOL has recovered remarkably after falling more than 41% in the wake of the FTX debacle. Solana was formerly a favorite of Sam Bankman-Fried and was reportedly dubbed an “Ethereum killer.” The current SOL price is

January 9, 2023 1 min read

U.S SEC Files Charges Against Coindeal Executives in Crypto Scam

On Wednesday, the U.S. Securities and Exchange Commission (SEC) said that it has filed charges against the eight people involved in the $45 million cryptocurrency Ponzi scam Coindeal. The securities commission described Coindeal as a blatant and far-reaching unregistered offering scam undertaken between at least 2018 and 2022. It was

January 8, 2023 1 min read