Sun, October 4

Binance Signs MoU With Kazakhstan Financial Regulators

In August, the AFSA of Astana gave the exchange its preliminary green light. Data will be shared in regard to the detection and freezing of ill-gotten cryptocurrency. The likelihood of Kazakhstan being the next nation to legalize cryptocurrency has lately increased. Binance, one of the most well-known cryptocurrency exchanges, may

October 3, 2022 2 mins read

Credit Suisse and Deutsche Bank Face Extreme Downturn

The financial world is buzzing about Credit Suisse. The recent increase in Credit Suisse’s credit default swap spread has garnered media attention. A credit default swap, or CDS, is a kind of derivative that enables one investor to hedge against another’s credit risk by exchanging their own credit risk for

October 3, 2022 2 mins read

Post Ethereum Merge New Blocks Creation Rate Surges

The average block time for Ethereum has decreased by more than 13%. Ethereum blockchain transitioned away from the power-intensive proof-of-work. It has been discovered that the Ethereum Merge update, which aimed to shift the blockchain to a proof-of-stake (PoS) consensus mechanism, has improved the rate at which new Ethereum blocks

October 3, 2022 1 min read

$1.6M Worth BTC Seized by India’s ED Over Gaming Fraud

Separately, it froze almost $550,000 in a combination of US Dollars and WRX. The accused was captured on September 25 by ED. The top Indian financial crime investigation agency has blocked an account on Binance containing 85.9 bitcoins, or around $1.6 million, in connection with a gaming software fraud case

October 3, 2022 2 mins read

XRP Wallet Holders Surpasses Whopping 4 Million Mark

Both parties had submitted their requests for summary judgement. More and more firms have come out in favor of Ripple in the past few days. The number of people using XRP grows as confidence among investors stays high. The number of XRP wallets has risen beyond 4 million, as shown

October 3, 2022 2 mins read

Former CFTC Commissioner Backs Crypto Sector Over SEC

Quintenz is now an adviser partner at Andreessen Horowitz. Upon leaving the CFTC, he supervised the listing of BTC futures contracts in the U.S. Former CFTC Commissioner Brian Quintenz has acknowledged that the cryptocurrency sector has valid complaints about the Securities and Exchange Commission (SEC). But he does not attribute

October 3, 2022 1 min read

Celsius Founder Withdrew $10M Prior Insolvency Filing

Alex and his family still had $44 million worth of crypto assets locked with Celsius. The company filed for bankruptcy and halted withdrawals from users. Around June, the cryptocurrency lending platform Celsius blocked all withdrawal requests from its users. The next month, with a $1.2 billion hole in its finances,

October 3, 2022 1 min read

Top Crypto Price Gainers of the Past Hour

Top 3 crypto price gainers are RSR, MKR, EGLD. According to CoinMarketCap, RSR has gained by 6.70% during the last 24 hours. For the past few months, the global cryptocurrency market has witnessed a tremendous downfall due to several reasons. The market cap value has declined by more than 70%

October 3, 2022 2 mins read

Sega To Build First Blockchain Based Games

The game will be developed with Oasys. Double Jump Tokyo intends to use the Sangokushi Taisen IP from Sega. One of the major Japanese gaming firms, Sega, has announced that it is partnering with Double Jump Tokyo, another Japanese game development company to launch its first blockchain game.  Double Jump

October 3, 2022 1 min read

Bitcoin’s Price Indeed Struggling to Retain $20K Mark

BTC is now trading at $19,258 and is down 0.37% at the time of writing. The global market fell from a trillion to $926.78 billion. Bitcoin is battling to recuperate its deficits from the previous month, and it is striving to achieve $20,000 after achieving a low of less than

October 3, 2022 1 min read