Sat, October 3

Top 10 Cryptocurrency of the Day

The bear market has been the trend for the past 3 months. The top 10 coins are BTC,ETH,USDT,USDC,BNB,XRP,BUSD,ADA,SOL and DOGE. The cryptocurrency market has experienced highs and lows since the bear market began during the last three months of the present year. Bitcoin, Ethereum, Tether, USD coin, BNB, XRP, Binance

July 22, 2022 4 mins read

Solana NFT Underperforms on OpenSea’s New Launchpad

Zoonies is an alien-themed NFT collection existing on Solana. Even after a day, this Solana NFT has not attained the “sold out” phase. OpenSea has brought out a new launchpad capability for creating new Solana NFT projects in an apparent effort to match Magic Eden’s feature set. The major NFT

July 22, 2022 2 mins read

Crypto Exchanges Raided in Connection With Terra Investigation

Exchanges, including Upbit, Bithumb, and Coinone, were the targets of raids. Around 200,000 South Korean investors are thought to have invested in TerraUSD and Luna. Shocking revelations from South Korea have been pouring in after the fall of Terra-Luna. On Wednesday, Korean prosecutors raided seven cryptocurrency exchanges to see whether

July 22, 2022 2 mins read

Terra Co-founder Daniel Shin’s Seoul Residence Raided by Officials

Terraform Labs gained $94 M in the year 2019. Investigation happening over DoKwon regarding the TerraUSD collapse. A raid on the Seoul residence of TerraUSD co-founder Daniel Shin, according to a Bloomberg story quoting local media, has extended an investigation into alleged unlawful conduct around the algorithmic stablecoin TerraUSD (UST)

July 22, 2022 2 mins read

 Tim Sweeny’s Epic Games Won’t Ban NFTS

NFTs will be allowed in the Epic Game store. By the end of 2021,Epic Games store had over 194 million users. Tim Sweeney, the founder, and CEO of Epic Games asserts that his company certainly won’t follow Minecraft’s creators in outlawing Non-Fungible Tokens (NFT). On July 21, Tim Sweeney posted

July 22, 2022 2 mins read

Major Exchanges Opt ‘Lay-Offs’ To Defend Market Meltdown

Blockchain.com is reducing about 150 employees, due to financial losses. The exchange recently lost $270 million from Three Arrows Capital. As per reports, Luxembourg-based cryptocurrency exchange Blockchain.com is disbanding 25% of its employees, amid financial losses and the collapse of the global crypto market. The latest workforce reduction will affect

July 22, 2022 1 min read

Investment Firm BlackRock Loses $1.7 Trillion Over Last 6 Months

Around $21 billion has flowed out of active equities in the last decade for BlackRock. BlackRock’s customers withdrew more than $20B during the first half of the year. There has been a direct and indirect impact on the financial environment due to geopolitical and macroeconomic upheaval. Of course, crypto firms

July 22, 2022 2 mins read

Former Coinbase Staff Arrested by U.S Officials Over Insider Trading

Last week, the SEC and prosecutors in the Southern District of New York arrested an ex-product manager for a major crypto exchange. According to Bloomberg, Ishan Wahi, a former product manager at Coinbase, reportedly revealed private information about the company’s token listings to his brother Nikhil Wahi and a friend,

July 22, 2022 1 min read

Crypto Lending Firm Vauld Owes Creditors Over $400 Million

$34 million is apparently owing to Vauld’s biggest individual retail creditor.  Based on court records and an affidavit, Vauld possesses $287.7 million. Singapore-based Vauld, a cryptocurrency lending, and trading company owe its debtors $402 million, according to The Block. Vauld CEO Darshan Bathija submitted a statement to Singapore’s High Court

July 22, 2022 2 mins read

Finland Customs Generate $47 Million Selling Seized Bitcoin (BTC)

The tender wasn’t finalized until April this year when two businesses were selected. The agency still has 90 Bitcoin (worth roughly $2 million) in its control. The Finnish customs officials auctioned a total of €46.5 million ($47.35 million) in seized Bitcoin. A press statement today claims that the 1,889.1 Bitcoin

July 22, 2022 2 mins read