On Wednesday, May 17, the Senate Standing Committee on Finance in Pakistan ordered new cryptocurrency regulation laws to be drafted. Inflation hit an all-time high of almost 36% in the month of April 2023, adding to the country’s other economic woes. Minister of State for Finance Ayesha Ghos Pasha said
In March, a wallet address 0x59d7…D69 connected with Uranium Finance exploit started moving 2,250 ETH, worth approximately $3.35 million, in stolen funds into the popular crypto mixer, TornadoCash. #CertiKSkynetAlert 🚨 We are seeing a movement of funds to @TornadoCash from address 0x59d7 which is connected to the ~$50m Uranium Finance
The open-source Hedera proof-of-stake public network’s governing council today announced the addition of COFRA as a new member. Thus bringing the total number of councils to 30 members. COFRA is a family firm that has been around for 182 years. And now employs more than 60,000 people all across the
In a recent announcement, Coinbase, the biggest cryptocurrency exchange in the United States, said it will list Sui (SUI) on its trading platform. The company’s primary concept is to deliver reliable crypto assets to its retail consumers and to further strengthen the usage of Web3. This announcement is a direct
The DRC-20 counterparts of BRC-20 tokens have led to an enormous spike in Dogecoin’s transaction volume following the BRC-20 token frenzy in the Bitcoin network. The daily transaction volume of the OG memecoin witnessed a significant rally and surpassed Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) for the first time.
ArbDoge.AI, a prominent player in the NFT space, has provided some insight into the pricing structure for their highly anticipated “Truth AIDOGE NFT” collection. While full details will be disclosed in the upcoming documentation and website updates within a week. As of now a sneak peek has been offered to
On May 17, a press release regarding the digital currency asset manager, Grayscale Investments is announced. It highlighted the Filecoin (FIL) Trust Product issue over the Securities and Exchange Commission (SEC) of the U.S. government. Whereas, the press release included: “Grayscale received a comment letter from the SEC staff stating
In a surprising turn of events, the cryptocurrency world has witnessed a massive purchase by a whale investor. Reports indicate that a single entity has acquired a substantial portion of the total supply of two prominent cryptocurrencies, SHIB and DOGE. The significant acquisition amounts to a staggering 170 million USD,
Bitget, a crypto derivative exchange, has released the transparency report for Q1 2023. The report includes the major achievements, new listings, and general traction that Bitget made in Q1 2023. According to the report, Bitget’s feature trading volume has witnessed an increase of 27% quarter-over-quarter to reach $658 billion. And
The recent meme coin frenzy has affected some of the blockchains, including Bitcoin, which saw transaction fees shoot up. This has definitely steered the attention of crypto investors to one of the oldest crypto assets, Litecoin (LTC). A look at the price performance over the last seven days of the
