Thu, October 8

Gaming Platform Roblox Introduces New Category of Digital Items

According to a recent statement, Roblox, one of the most popular online gaming platforms, has released a new category of wearable virtual items that may be sold in limited numbers by independent developers. It is issued and traded like a normal NFT and even has the same appearance.  Roblox players

April 16, 2023 2 mins read

Defunct Celsius Network Plans to Sue Creditor Over Leaking Confidential Info

A court document suggests that defunct cryptocurrency lender Celsius Network sought to sue crypto blogger and Celsius creditor Tiffany Fong for disclosing confidential business information. According to a snapshot posted by Fong, she has around $119,000 worth of crypto assets locked on Celsius after the company halted withdrawals in the

April 16, 2023 1 min read

Skybridge CEO Anthony Scaramucci Backs Bitcoins as Commodity

Skybridge CEO Anthony Scaramucci said he is still enthusiastic about Bitcoin despite the criticism he has received for his involvement in the crypto markets. There are significant headwinds that he has to overcome. By the time Sam Bankman-Fried’s cryptocurrency exchange FTX declared bankruptcy in November, he was already connected with

April 16, 2023 1 min read

Crypto Analyst Predicts Bullish Momentum For Shiba Inu (SHIB)

On Friday, renowned cryptocurrency researcher Crypto Rand tweeted that the SHIB, meme coin wants to burst out. The analyst released a screenshot of a chart that indicates the popular meme currency has completed the Falling Wedge pattern many times since August of last year. Eyes on $SHIB 🐶 it's looking

April 16, 2023 2 mins read

U.S Court Sentences Silk Road Bitcoin Hacker a Year in Prison

According to the New York Department of Justice, U.S. District Judge Paul G. Gardephe sentenced James Zhong to a year in prison after learning about the government’s plans to sell 41,000 seized bitcoin (BTC) this calendar year and the sale of 9,861.1707894 BTC on March 14, 2023. By setting up

April 16, 2023 1 min read

Twitter Rival With Relaxed Filtering ‘Parler’ Acquired and Shut Down

According to a statement released on Friday, the new owners of Parler, a social networking app with lax content filtering that favored conservatives, have decided to shut it down. The app was purchased by Starboard, previously known as Olympic Media, a digital media firm. The removal of Parler from major

April 16, 2023 1 min read

Terra Rebel’s Proposal 11459 Shot Down by Significant Validators

The voting process for the Terra Rebels’ Proposal 11459 was dramatic for the Terra Classic community. A validator with 15% voting power, Allnodes, voted “No” on the request by the famous developer group, giving Terra Rebels the upper hand. A recent dispute between the Allnodes and the Terra Rebels is

April 16, 2023 1 min read

Crypto Firm Amber Moving Out of Japan, Seeks License in Hong Kong

As part of its strategy to shift its emphasis from retail to institutional clients, Bloomberg reports that Singapore’s Amber Group is contemplating selling its Japanese operation.  Annabelle Huang, the managing partner at Amber, said the company is exploring alternatives, including a sale, for its Japan division. A “very high quality

April 16, 2023 1 min read

U.S House Committee on Financial Services To Hold Hearing on Stablecoins

A hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation” will be held by the US House Committee on Financial Services next week.  The usefulness of stablecoins as a payment alternative may be the focus of the hearing. Users’ and the economy’s overall vulnerability is another issue

April 16, 2023 1 min read

Cardano (ADA) Price Surges 6% Amid Recent Developments

As a result of a number of developments on the Cardano network, the price of Cardano (ADA) is making a big upward surge and breaking over important levels. The ADA price increased by 6% in a single day after the alpha release of Aiken, Cardano’s programming language and tools for

April 16, 2023 1 min read