In response to community concerns and following in the footsteps of several other leading exchanges, Binance, the world’s largest crypto exchange, has officially announced the listing of ZKsync (ZK) trading pairs. This move comes amidst ongoing scrutiny over the airdrop of ZK tokens and marks a pivotal moment for ZKsync,
Bitcoin’s recent consolidation has been both a worrying and strategic period for the whales. There have been significant, huge moments from whales in recent months, with Bitcoin consolidating between $65K and $69K. Alluding to it, on June 12, a Bitcoin whale transferred 8,000 Bitcoin (BTC) from a Coinbase cold storage
Stuart Alderoty, chief legal officer of Ripple, has offered fresh commentary on the United States Securities and Exchange Commission’s (SEC) most recent filing after a contentious week in the case. An announcement of a settlement between the regulator and insolvent Terraform Labs kicked off the drama this week. The parties
The new image compression method TiTok receives Ethereum co-founder Vitalik Buterin’s stamp of approval due to its promising blockchain applications. The new TiTok compression technique greatly decreases picture size, making it more feasible to save on the blockchain—but don’t get this mixed up with the social networking app TikTok. On
After becoming a validator on Fetch.ai’s decentralized blockchain, Deutsche Telekom set its sights on expanding Web3. In continuation with its current crypto-based initiatives, Deutsche Telekom has declared its intention to begin Bitcoin mining. Since 2023, the telecom company has operated Bitcoin nodes, and they are now running Bitcoin Lightning Network
Adam Moskowitz and David Boies, who are representing FTX creditors in a class action lawsuit, have made great strides in their quest for justice on behalf of those impacted by the crypto exchange’s demise. They are requesting the seizure of assets associated with the troubled FTX founder, Sam Bankman-Fried (SBF).
In response to the $10 million in bad debt that arose from soft liquidations after a hacking attempt on June 13, Curve Finance founder Michael Egorov has announced that he has completely repaid the loan. As a result of the event, Egorov went on social media to clarify, saying that
Drawing on the wisdom of his best-selling book “Rich Dad, Poor Dad,” famous financial educator and author Robert Kiyosaki urged his audience to re-evaluate Bitcoin’s perceived worth by stressing that the cryptocurrency is now cheap. In an effort to encourage more people to buy and invest in Bitcoin, Kiyosaki attacked
According to a recent survey, some central banks are increasing their efforts to investigate digital currencies issued by the central bank. The foreign exchange firm BIS conducted a survey of central banks and found that in 2023, there was a “sharp uptick” in CBDC-related experiments among the banks that deal
On June 14, the U.S Spot Bitcoin ETF saw a large outflow of about $200 million, marking a bleak trading week overall. The largest outflow was $80.1 million from Fidelity’s FBTC Bitcoin ETF, followed by $52.3 million from Grayscale’s GBTC. An influential expert has spoken out about the possible consequences
