Fri, May 15

TrueUSD Announces Having No Exposure To Struggling Prime Trust

On June 22, TrueUSD tweeted that its TUSD stablecoin has “no exposure” to the ailing Prime Trust, which is allegedly encountering regulatory issues. Prime Trust, located in Nevada, allegedly froze all fiat and cryptocurrency deposits and withdrawals. This was after receiving an order from state financial authorities. Many customers are

June 24, 2023 1 min read

Crypto Self-custody Platform Casa Introduces Ethereum Custody Vault

Casa, a cryptocurrency self-custody platform, recently added support for Ether storage, claiming this to be a first in the market alongside its support for Bitcoin self-storage. Moreover, Casa has been advocating for multisignature self-custody in the cryptocurrency space since its creation in 2016. Its flagship Bitcoin vault has multi-key encryption,

June 24, 2023 1 min read

Bitcoin Cash (BCH) Records Jaw-Dropping Increase in Daily Volume

The current Bitcoin ETFs season succeeds in powering the bulls in the crypto market. After a long period of distress, Bitcoin (BTC) climbs up to attain its one-year high at $31K. Aiding BTC, forked cryptocurrencies march in as the top gainers with surprising price rallies. Remarkably, Bitcoin Cash (BCH) surged

June 24, 2023 2 mins read

Celsius Creditors Blame Wintermute for Assisting Wash Trading

The bankrupt cryptocurrency lending platform has leveled allegations against Wintermute, a prominent crypto market maker. Claiming that they actively participated in price manipulation of CEL tokens by facilitating “wash trading” in collaboration with Celsius executives. The latest development in the legal proceedings showcases, Celsius creditors amending their lawsuit in the

June 24, 2023 1 min read

Litecoin’s Imminent Halving Event: Anticipating Market Impact Post-Halving

In the bustling arena of digital currencies, Litecoin is set to undergo its highly anticipated third halving event in just 39 days. Scheduled for August 2, 2023, this blockchain upgrade will see the mining rewards sliced from 12.5 to 6.25 LTC, following a recurrent four-year cycle or after 840,000 blocks

June 23, 2023 2 mins read

Japan’s MUFG Bank Eyes Role of Stablecoin Issuer for Third Parties

The largest bank in Japan, Mitsubishi UFJ Financial Group Inc (MUFG), is in negotiations with worldwide stablecoin issuers to create its tokens on its own blockchain network. Moreover, Japan’s stablecoin legislation, which permits licensed banks, trust organizations, and authorized money transfer agents to issue these cryptocurrencies, went into force on

June 23, 2023 2 mins read

Pepe (PEPE) Becomes Top Gainer with Remarkable Milestone

The world of cryptocurrencies has witnessed a fascinating evolution, with the rise and fall of various memecoins capturing the attention of investors in the crypto market. Pepe, the frog-themed memecoin, has recently experienced a significant surge in its trading price. The memecoin has captured the attention of investors and is

June 23, 2023 3 mins read

FLOKI, a SHIB Competitor, Sees 14% Surge Amidst Release of 2023 Roadmap Update

The official FLOKI account has provided an update on the progress of their 2023 roadmap, indicating that they are nearing the fulfillment of several important commitments. One notable update is the upcoming “FlokiFi Locker” upgrade, which will introduce native payments, burn mechanisms, a referral program, and other features to enhance

June 22, 2023 1 min read

What Sparked the Sudden Bull Run in the Crypto Market?

Bitcoin (BTC), the crypto market leader, experienced a significant surge for the second consecutive day, buoyed by investor confidence following the filing of spot Bitcoin exchange-traded fund (ETF) applications by prominent asset management firms, including BlackRock. The cryptocurrency, which holds the largest market capitalization, rose by nearly 5% over the

June 22, 2023 2 mins read

Shiba Inu’s Remarkable Performance: 35 Trillion SHIB Return to Profitability

Shiba Inu (SHIB) has experienced a notable increase in value, resulting in over 35 trillion tokens becoming profitable once again, according to crypto analyst portal IntoTheBlock. The recent increase in profitability can be attributed to SHIB’s price appreciation from $0.000007 to $0.0000084 within a span of three days. Investors who

June 22, 2023 1 min read
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