In an unusual event, a Binance wallet spent a massive $859,000 in Ethereum gas fees within an hour while consolidating funds, per crypto data firm Kaiko. On September 21st, a Binance-owned wallet rapidly became the top gas spender on Ethereum as it shifted ETH balances internally. From 9:30 AM to
Cryptocurrency, like many other emerging technologies, was first ignored in India. It seemed as if Indians were hesitant to even acknowledge the industry existed. Lately, the government’s attitude on VDAs (virtual digital assets) has changed significantly due to widespread usage both internationally and in India. In 2022, this was formalized
The Founder’s Packs will be released on September 27th exclusively through NFT marketplace OpenSea, according to the community-powered Web3 entertainment franchise WAGMI Games. Gadget-Bot, the design firm responsible for the iconic looks in Transformers 4, Jurassic World, Apex Legends, and Call of Duty, collaborated with WAGMI Games to produce the Founder’s
In a recent development, Shiba Inu, the popular memecoin, has unveiled plans for an upgrade to its ecosystem—Shiba Hub, an upcoming application. The announcement was made by the project’s marketing strategist, Lucie, in X post just hours ago. Shiba Hub, described as a “gateway to something extraordinary,” promises to bring
Particle Network, a Web3 infrastructure provider, has accomplished a significant feat after the release of Wallet-as-a-Service (WaaS) V2. Within only one year of the debut of WaaS, the number of wallet activations has topped 15 million since the release of V2. The 15 million milestone was attained within a year
The recent announcement by Citibank to provide blockchain technology for institutional deposits, convertible into “Citibank tokens” for round the clock cross-border transactions, is a major step forward in the evolution of the financial industry. Robert Kiyosaki, an investor and author, tweeted that Citibank’s recent engagement might mark a turning point
One of the leading crypto asset manager, Bitwise Asset Management, has updated its proposal for a Bitcoin Exchange-Traded Fund (ETF) significantly. Bitwise’s pursuit of a Bitcoin ETF was recently updated with important information by Bloomberg Analyst James Seyffart in a tweet. The intriguing new angle that Seyffart’s tweet brings to
As China updates the smartphone app powering its CBDC trial, visitors to the People’s Republic of China may now preload their digital yuan wallets using Visa and Mastercard payment methods. The e-CNY app, currently under beta testing, may be downloaded from the Apple App Store or the Google Play Store
Michael Saylor led MicroStrategy based in the United States, has recently acquired 5,445 Bitcoin (BTC), making it one of the largest institutional investors of BTC. According to the latest report from the company’s chairman, Michael Saylor, the most recent investment was made at an average price of $27,053 per Bitcoin,
News and speculation on hacks and scams crucially ignite like wildfire in the crypto realm. At present, Islamic Coin, a Shariah-compliant project that secured one of the largest fundings of $400 million in June, faces intense scrutiny and accusations. Islamic Coin (ISLM) is the native cryptocurrency of HAQQ, a layer-1
