Thu, April 25

Open-source Web3 Platform Lisk Launches New Accelerator Program

Lisk, an open-source web3 platform, has introduced a new accelerator program. The program will provide grants of up to 250,000 CHF ($270K) per project to help finance the development of web3 solutions. The Javascript Software Development Kit (SDK) for Lisk streamlines the process of building web3 and sidechain apps that

April 3, 2023 2 mins read

Japan Warns Four Crypto Exchanges for Unregistered Operations

Japan’s Financial Services Agency (FSA) has warned and classified four cryptocurrency exchanges – Bybit, MEXC Global, Bitforex, and Bitget – as “unregistered crypto asset exchange business operators.” The regulator confirmed that the listed crypto exchanges violated the “Fund Settlement Act” and conducted their operations without registration “at the time of

April 3, 2023 2 mins read

Justin Sun to Focus on Crypto Regulation as Ambassador Term Ends

On March 31st, Justin Sun, founder of Tron, stepped down from his position as Grenada’s Ambassador to the World Trade Organization (WTO). Sun’s diplomatic status comes to an end amid the Securities and Exchange Commission (SEC) charged the Tron CEO with fraud and market manipulation. As my term as the

April 3, 2023 2 mins read

Allbridge Offers Bounty to Hacker Responsible For $573k Hack

Allbridge has given the hacker who was responsible for a $573,000 vulnerability on its multichain token bridge an opportunity to reveal themselves as white hats and collect a reward. A person posing as a liquidity provider and swapper drained the pool of $282,889 in Binance USD (BUSD) and $290,868 worth

April 3, 2023 2 mins read

UBS Group to Fire 36,000 Employees Post Credit Suisse Merger

There was a tremendous upheaval in the technology industry in the United States in 2023, with over 60,000 people losing their employment in layoffs in only the month of January. Google, Microsoft, Amazon, and Salesforce, all major heavyweights in the tech industry, have announced large-scale layoffs for 2023. Last month,

April 3, 2023 1 min read

Cardano (ADA) Price Faces Strong Resistance Before Possible Rally

Cardano’s native coin ADA has experienced notable price fluctuations lately, placing it in the top 10 cryptocurrencies by market cap. ADA has increased by about 50% since the beginning of 2023, and it is now trading at $0.3921 with a market worth of $13.6 billion. Cardano (ADA) has, however, been

April 3, 2023 1 min read

Will Dogecoin Uphold a Bullish Rally to $0.1?

The anticipation toward Bitcoin’s bull run continues to dominate the market sentiment. Concurrently, the eighth-largest cryptocurrency Dogecoin (DOGE) staged a notable price rally in the last week after its extended bearish period. As per the above daily time frame chart, DOGE’s 9-day exponential moving average (9-EMA) is found over the

April 3, 2023 2 mins read

Inscriptions On Bitcoin Ordinals Increased Owing to BRC-20 Tokens

The amount of Ordinals inscribed on the Bitcoin network has reached a new daily all-time high (ATH), due to the blockchain’s token standard, which just recently introduced. On April 3, Bitcoin Ordinals reached 759,285 inscriptions.  As its launch in January, ordinals, a protocol that allows content like text and art to

April 3, 2023 1 min read

ARB Falls as Arbitrum Proposal Drives Controversy in the Community

The Arbitrum Foundation started to clarify its stance on the recent controversy surrounding its token allocation process, which led to a 6% decline in the price of the ARB token.  Following a loud uprising by holders of the ARB token, Arbitrum fell over the weekend as the network struggled to

April 3, 2023 1 min read

Top 3 Bullish Cryptocurrencies of the Week as per CoinMarketCap

Major cryptocurrencies have fared very well over the last week despite significant crackdowns, indicating that the crypto market is now fairly steady. Here we cover the top bullish coins of the week. Ripple (XRP) XRP is one cryptocurrency that is on the rise. As per CMC, XRP the sixth largest

April 2, 2023 2 mins read