Fri, June 26

Sam Bankman Fried Imprisoned by Bahamas Police Force

Sam Bankman Fried, the CEO of the shuttered crypto exchange FTX, was arrested in the Bahamas on December 12 after US prosecutors filed criminal charges. According to an announcement from the Bahamas Attorney General (AG) and Minister of Legal Affairs, Ryan Pinder, SBF was arrested by the Royal Bahamas police

December 13, 2022 2 mins read

Bull Strength Dwindles as Binance Coin (BNB) Trends Southwards

At the start of the day, the Binance Coin (BNB) market was dominated by bears, with prices plummeting to a low of $273.93. On the other hand, the bulls came in to reject this unfavorable trend, increasing the price by 7% to $290.94.  Throughout the day, BNB’s bullish trend established

December 13, 2022 2 mins read

Largest European Stablecoin STATIS EURS Now On XDC Network

The debate upon the stablecoins has been the most anticipated topic for the year 2022. Most people know very well that the crypto industry is indeed an extremely volatile industry along with extreme insecurities, being the situation in recent times desperately. The stable coins were always said to be a

December 12, 2022 2 mins read

U.S Senator Contends There Is No Need for Crypto to Exist

Jon Tester, the senior senator from Montana, has held that position since 2007. In fact, he serves on the Senate Banking Committee and is a significant figure in US crypto regulations. On Dec 11, NBC’s news conference stated that there is “no reason why crypto should exist.” He also claimed

December 12, 2022 2 mins read

Elon Musk’s Warning for Twitter Scammers Impacted the Fall in Crypto Bots?

Elon Musk, the CEO of Twitter, is continuing to battle with spam bots. In his latest tweet thread, Musk openly challenged the Twitter bots to “attack” him, by adding two emoticons that portray bots and trolls on Twitter.  However, the crypto communities on Twitter are reporting a dramatic decline in

December 12, 2022 2 mins read

Terra Founder’s Location Becoming Clearer by South Korean Reports

Do Kwon, the CEO of Terraform Labs, is still being sought around the world, and the South Korean government now thinks he may be in Serbia after departing Singapore in September. As per the report, South Korean police investigated a tip about Do Kwon’s whereabouts and were able to determine

December 12, 2022 1 min read

Terra And FTX: What to Expect in the Upcoming Years?

The year 2022 will be remembered as one of the key and pivotal years in the development of the cryptocurrency market. This year has seen some of the biggest crashes, from the Terra LUNA crash to the most recent collapse of the FTX exchange, which was previously the third-largest cryptocurrency

December 10, 2022 2 mins read

U.S FTC Opposes Activision Blizzard Acquisition by Microsoft

A lawsuit to prevent Microsoft’s acquisition of Activision Blizzard, makers of the Call of Duty and Overwatch series, was revealed on Thursday by the Federal Trade Commission. The FTC claims Microsoft would gain an unfair edge in the gaming sector as a result of the merger. Thereby turning it into

December 9, 2022 2 mins read

U.S Fed Investigate Sam Bankman-Fried Over Terra Luna Collapse

An unexpected turn was revealed in Sam Bankman-Fried’s FTX disaster despite U.S. representatives summoning SBF to testify at a hearing on December 13, the House Committee on Financial Services. Federal prosecutors and the Securities and Exchange Commission (SEC) opened an investigation into whether the former FTX CEO manipulated the market’s

December 9, 2022 1 min read

Ethereum’s Shanghai Upgrade Is Expected To Be Released in March 2023

The Ethereum core developer has announced that the next major upgrade, the Shanghai upgrade, will be released on March 2023, and this upgrade will allow users to permit their staked ETH withdrawals. According to the Duna Analytics crypto data tracker, some of the 15.57 million ETHER, or nearly 13% of

December 9, 2022 2 mins read