Argentina beating Canada 2-0 in the Copa America semifinals has led the Canadian rapper Drake to lose his Bitcoin bet. The betting incident and Lionel Messi-led Argentina’s victory spiked the performance of this fan token in the crypto market. ARG, the national football team’s official fan token, has witnessed a
The FTX bankruptcy estate is disputing a $264 million claim by Tai Mo Shan, a subsidiary of Jump Trading, related to a loan agreement with Alameda Research involving 800 million Serum (SRM) tokens. SRM served as the cryptocurrency for Serum, a decentralized exchange once affiliated with FTX, which collapsed following
The slightest revival of the Bitcoin price yesterday was less impactful than expected, failing to break $60,000. BTC struggled to clear the $59,500 level and dipped by 0.39% over the past 24 hours to a bottom of $57,209. The German government’s recent sell-off might shake the market and has made
Animoca Brands’s subsidiary Mocaverse’s token MOCA went live on Thursday in the Bitget exchange. Moca Network and Animoca brands have partnered in the launch and have stated that the token brings unique utilities to Web3. The Mocaverse’s connected network is called the Moca Network for which $MOCA will serve as
After the approval of the 11-spot Bitcoin (BTC) ETF on January 11, expectations are high for more developments in the market. Also, the discussion around potential exchange-traded funds for various digital assets has intensified. Also, the U.S. Securities and Exchange Commission’s (SEC) green light for eight Spot Ethereum ETFs on
The Web3 gaming and infrastructure pioneer Saakuru Labs has achieved 5 million daily transactions, cementing its place as a key player in Web3 alongside other prominent platforms. According to dApp Radar, Saakuru is among the top 5 blockchain networks by daily transactions and has surpassed 5 million daily transactions. Its expanding popularity
Express Relay, the newest product from Pyth Network, a provider of real-time market data for blockchain applications, has been formally released on the mainnet. The launch presents a revolutionary decentralized solution to the long-standing issue of Miner Extractable Value (MEV) in processing transactions in DeFi that improve market efficiency and
DeFi claims to revolutionize global capital market accessibility and breathe new life into the financial industry. Regardless of the blockchain or decentralized app they use, on-chain users must have access to the world of conventional assets in order to accomplish this aim. Pyth Network and Ondo Finance, the leading provider of tokenized
BitMEX, a leading cryptocurrency exchange based in the Seychelles, has pleaded guilty to breaching the Bank Secrecy Act (BSA) between 2015 and 2020, as announced by the U.S. Department of Justice (DOJ) on Wednesday. Court documents reveal that BitMEX intentionally failed to implement a know-your-customer (KYC) and anti-money laundering (AML)
The government of Malaysia attributes the region’s exorbitant power bills on Bitcoin (BTC) mining. According to Akmal Nasrullah Mohd Nasir, Malaysia’s Deputy Minister of Energy Transition and Water Transformation, the country’s power supply was depleted by cryptocurrency miners to the tune of $722 million (RM3.4 billion) from 2018 to 2023.
