Tue, October 6

China Blames America for Crippling Other Nations

China blames the United States for crippling other nations with their debt. With a soaring $31.5 trillion debt – the new all-time high statutory debt ceiling, the United States is at the epicenter of accusations. One among those is China’s blast off against the US for “sabotaging” other nations’ measures.

January 24, 2023 1 min read

Ethereum Shanghai Mainnet Shadow Fork Completes Successfully

The world’s biggest smart contract network, Ethereum, is getting a little bit closer to release the $26 billion worth (and growing) of ETH staked by its users. The first mainnet shadow fork to verify the preparedness of ETH staking withdrawal capacity went live on Monday. As stated by Ethereum’s core

January 24, 2023 1 min read

Gemini Announces 10% Layoff Citing Negative Macroeconomic Conditions

A representative for Gemini, a cryptocurrency exchange, confirmed on Monday that the company will be laying off 10% of its workforce. Gemini, which was co-founded by the Winklevoss twins, is subject to New York banking regulations. And has had to make at least three rounds of layoffs in less than

January 24, 2023 1 min read

El Salvador Proves its Supremacy by Paid Off $800 Million Debt

Despite the skepticism expressed by significant national and international media outlets that the “El Salvador government was in default,” President Nayib Bukele stated on his Twitter account that ‘the country fully paid the bond maturing in 2023, worth $800 million plus interest’. In the past year, almost every legacy international

January 24, 2023 2 mins read

Coinbase Will Soon List Three New Cryptocurrencies

Coinbase will soon add three new tokens to the listing roadmap for their cryptocurrency exchange. The exchange’s main intent of serving as a bridge to Web3 has been accompanied by this announcement.  Three further altcoins have been added to the crypto exchange’s catalog of tradable items. The recently introduced cryptocurrencies

January 24, 2023 1 min read

FBI Reveals the Key Culprits of Harmony Bridge Hack 

The US Federal Bureau of Investigation (FBI) has revealed the chief culprits of Harmony’s Horizon Bridge Hack. It confirmed two notorious cyber actor groups – Lazarus Group and APT-38, as the responsible agents of the $100M theft in the January 23 press release. Reportedly, these two groups are known to

January 24, 2023 2 mins read

Ethereum (ETH) Price Bearish Breakout Might Soon Take Over

To this point, the price of Ethereum (ETH) has been able to maintain its position above the horizontal support level of $1,600. It’s possible that breaking it will result in much lower prices with a bearish moment. According to the Wolf Of All Streets, a crypto trader and investor commented

January 24, 2023 2 mins read

User Purchases 850 Billion Shiba Inu (SHIB) Worth $9.2M

In anticipation of the release of the beta version of the Layer 2 protocol for Shiba Inu, some members of the SHIB army have opted to stock up on SHIB. Ali Needazar, a Twitter user, posted a screenshot of a Shiba Inu purchase. A tweet claims that a user paid

January 23, 2023 1 min read

Ark Invest Offloads 500,000 Grayscale Bitcoin Trust (GBTC) Shares

Cathie Wood’s Ark Invest offloaded a piece of its Grayscale Bitcoin Trust (GBTC) shares since November’s Bitcoin price lows, the latest data indicates. During the month of November 2022, Ark Invest increased the value of the ARK Next Generation Internet ETF (ARKW) by $4.5 million by purchasing 450,272 GBTC shares.

January 23, 2023 1 min read

Whales Amass Over 500 Million Dogecoin (DOGE) in Last 2 Days

This weekend, the biggest Dogecoin whale traded almost 165 million DOGE coins. As market sentiment improved after zero-fee trading platform Robinhood announced support for Dogecoin in its newly launched wallet, many “whales” bought up massive quantities of DOGE coins.  Whale Alert claims that over 500 million Dogecoin have been snatched

January 23, 2023 1 min read