Tue, October 6

BNB Chain beats Ethereum with its Unique Addresses

BNB Chain has made significant advancements by onboarding subsequent billion users into the Web3 arena. The BNB Chain developer announced on December 22 that the total number of unique addresses on the BNB Chain has overtaken Ethereum. The Binance network’s extensive possibilities drew multiple interesting DeFi, GameFi, and SocialFi projects,

December 23, 2022 2 mins read

Major Cryptocurrencies Continue to Soar, DOGE Jumps Above 6%

The global cryptocurrency market is constantly maintaining a gloomy trend in recent days. Despite the current market conditions, the leading cryptocurrencies are experiencing an unstable price momentum, with their values fluctuating. However, the top coins have seen a slight increase in the last 24 hours. According to CoinMarketCap (CMC), the market’s

December 23, 2022 2 mins read

LBRY Filed a Motion to Restrict the SEC’s Remedies

In this complaint, LBRY has filed a Motion for Expedited Consideration of an Oral Argument in Aid of its Motion to Limit the SEC’s Remedies. They also mention the court proceeding in the United States District Court for the District of New Hampshire. #XRPCommunity #SECGov v. #Ripple #XRP #LBRY In

December 23, 2022 2 mins read

Former BlockFi VP For Asia Joins Google as APAC Web3 Division Lead

Former BlockFi executive and now Google APAC Web3 Lead Rishi Ramchandani is a former of the cryptocurrency industry. Earlier this year, the biggest search engine in the world stated that the Web3 industry had “tremendous potential” and devoted a team to exploring it. In a recent LinkedIn post, Ramchandani expressed

December 22, 2022 1 min read

Firms Auditing Crypto Firms Being Watched Closely by U.S SEC

Audit firms doing crypto company audits may expect heightened attention from the U.S. Securities and Exchange Commission (SEC). The SEC has voiced worry about the possibility of investors being given a false sense of security by auditing reports, increasing their vulnerability to cryptocurrencies. This comes after a number of cryptocurrency

December 22, 2022 2 mins read

DeFi Protocols indicate Positive Trends in the Blockchain industry

Despite the current crypto market conditions, Decentralized finance (DeFi) still proved its higher scaling potential than the traditional financial industry. Some segments of the DeFi industry continue to “display a positive trend,” while the overall value locked fell from its peak of $180 billion in December 2021 to around $50

December 22, 2022 2 mins read

Bitcoin (BTC) Tends to Trail Significant Stock Market Bottoms

Bitcoin (BTC), the dominant cryptocurrency in the global crypto market, typically lags significant stock market bottoms. According to Delphi Digital, a digital assets research platform, Bitcoin tends to bottom out at least six weeks before the Standard & Poor’s 500 Index (S&P 500 Index), a stock market index tracker.  According

December 22, 2022 2 mins read

Binance Assists the DEA in Tracing Illicit Funds

Binance, a major crypto exchange, was purportedly utilized by a Mexican-based international drug cartel to launder millions of dollars. And the exchange assisted police in identifying the criminals. And CZ has stated that, unlike currency, crypto is not a useful instrument for unlawful activity. Because blockchain is transparent. According to

December 22, 2022 1 min read

British Columbia Shuts Down Power Supply for Crypto Mining

British Columbia, Canada, has halted new electricity connection requests from cryptocurrency miners for 18 months to promote the province’s climate action and economic goals. The government of British Columbia stated, the suspension will relieve the province’s power constraints while its main electricity distributor, BC Hydro, is given more time to

December 22, 2022 1 min read