After a rough couple of weeks, the cryptocurrency market is starting to trend upward again. After the interest rate decision by the U.S. Federal Reserve, the price of Bitcoin dropped below $25,000. The statements made by Fed Chair Jerome Powell prompted the sell-off, even though a halt to rate rises
In a tumultuous second quarter of 2023, the cryptocurrency market was battered by a regulatory storm and plummeting prices. Yesterday, the overall market capitalization was down by 3.81%. Amidst this storm, meme-inspired cryptocurrencies have displayed remarkable resilience, outperforming major players like Bitcoin and Ethereum. Shiba Inu, Pepe, and Dogecoin have
After the US SEC filed a complaint against the crypto behemoth Binance.US last week for allegedly breaking federal securities laws, Reuters reports that massive layoffs have taken place at the company. Reuters cites sources saying that since the lawsuit was filed, at least 50 workers have lost their jobs at
One more catastrophe occurred in the highly volatile cryptocurrency market. In a dramatic turn of events, crypto trading platform Abra and its CEO, William (Bill) Barhydt, are facing allegations of securities fraud as the Texas State Securities Board filed an emergency cease and desist order against the company. The regulator
The world-renowned cryptocurrency exchange Binance has decided to delist PEPE as a borrowable asset on its Flexible Loan platform. As per Binance’s official statement, starting from June 21, 2023, at 08:00 (UTC), users will lose the ability to borrow PEPE on the Flexible Loan platform, in line with the delisting
On Thursday, Ripple, the blockchain-based crypto firm collaborated with Colombia’s Central Bank named Banco de la República. Also, it is inspected that this partnership would explore the world of blockchain technology. Yet, the market has remarked a sudden drop than grossing high. The hitch is that the overall price of
In a momentous stride, World Challenge Game has seamlessly integrated Chainlink Verifiable Random Function (VRF) on the Polygon mainnet. By harnessing the prowess of this industry-leading decentralized oracle network, they have unlocked an unparalleled source of tamper-proof and auditable randomness. Consequently, a thrilling and transparent user experience unfolds, where participants
Coinbase, the leading crypto exchange, has consistently made headlines within the crypto community. The exchange faces a lawsuit by the U.S. Securities and Exchange Commission. The whole crypto market has been waiting for the end of the SEC’s case against the crypto exchange. Coinbase is thrilled to have partnered with
The Colombian Central Bank, Banco de la Republica, and the blockchain payments startup Ripple Labs Inc have signed a strategic cooperation agreement to research the potential applications of blockchain technology in the realm of Central Bank Digital Currency (CBDC). Peersyst Technology, a specialist blockchain technology startup, and the Ministry of
Shiba Inu has increased the burn rate of SHIB tokens dramatically, showing extraordinary commitment. Recent data from the Shibburn website shows an astounding increase of approximately 1,000% in the burn rate, after a period of constant reduction. The Shiba Inu fandom has made incredible strides in the past day toward
