Ripple (XRP) reached $0.50 for the first time since November 2022. Whale Alert, a tracker, and analyzer of cryptocurrency transactions reported that there is a notable increase in the XRP’s whale transactions. According to Whale Alert, there are 306,063,627 XRP transferred to several accounts within five transactions in the last
On March 27, Polygon launched zkEVM Mainnet Beta, enabling their first transaction done by Ethereum’s co-founder sending 0.005 ETH. Earlier today, Polygon zkEVM is supported on one of the Coinbase products, Coinbase Wallet. Congrats to the @0xPolygon team for this big web3 innovation! 👏 Polygon zkEVM is supported on Coinbase
The United States Commodity Futures Trading Commission (CFTC) has launched a lawsuit against Binance, the biggest cryptocurrency exchange in the world, and its CEO “CZ,” alleging that they have broken regulations pertaining to cryptocurrency trading and derivatives. When combined with the increased attention and crypto governmental crackdowns that followed FTX’s
Huobi Global, a cryptocurrency exchange led by Tron founder Justin Sun, has announced a strategic alliance with Gala Games, a blockchain-based play-to-earn gaming platform. The corporations want to work together on Web ecosystem growth, community creation, and investment in leading Web3 initiatives. On March 31st, Huobi announced on its official
In an effort to prevent potentially dangerous consumer access to advanced AI systems, the Center for Artificial Intelligence and Digital Policy (CAIDP) has filed a complaint with the United States Federal Trade Commission (FTC). The CAIDP filed a lawsuit on March 30 alleging that OpenAI’s newly published big language model,
Arbitrum token whale transactions are picking up notable momentum this week. One of the largest Arbitrum airdrop recipients initiated a sell-off of 933,375 ARB, now worth $1,290,951, to acquire 708 ETH. This was registered as the larger one in the 24-hour time frame. Popular on-chain crypto tracker Lookonchain detected prominent
Baby Doge Coin has buzzed “Crypto Twitter” with more than 113K tweets with the hashtag #BabyDogeArmy in the last 24 hours in response to the news of the top 10 crypto exchange list. Also, BabyDoge is enjoying its part in the current bull market, as evidenced by a more than
The Silicon Valley Bank (SVB) incident happened at a time when the global cryptocurrency market was still recovering from last year’s substantial slump. This is when the massive outflow of USDC began. The FTX exchange and the TerraUSD and LUNA collapse instilled fear in investors against the crypto market. This
The Denmark Supreme Court decided that bitcoin sales proceeds must be taxed as ordinary income. Investors and miners are both affected by the new law. The Højesteret, Denmark’s highest court and the last arbiter in civil and criminal matters, issued a ruling on March 30 mandating taxation on bitcoin gains.
This weekend marks the beginning of the Kraken and Williams Racing cooperation. Which will bring the exchange’s brand in front of millions of new eyes. One of the biggest cryptocurrency exchanges, Kraken, said on March 28 that it has signed a sponsorship deal with Williams Racing, one of the four
