Arbitrum token whale transactions are picking up notable momentum this week. One of the largest Arbitrum airdrop recipients initiated a sell-off of 933,375 ARB, now worth $1,290,951, to acquire 708 ETH. This was registered as the larger one in the 24-hour time frame. Popular on-chain crypto tracker Lookonchain detected prominent
Baby Doge Coin has buzzed “Crypto Twitter” with more than 113K tweets with the hashtag #BabyDogeArmy in the last 24 hours in response to the news of the top 10 crypto exchange list. Also, BabyDoge is enjoying its part in the current bull market, as evidenced by a more than
The Silicon Valley Bank (SVB) incident happened at a time when the global cryptocurrency market was still recovering from last year’s substantial slump. This is when the massive outflow of USDC began. The FTX exchange and the TerraUSD and LUNA collapse instilled fear in investors against the crypto market. This
The Denmark Supreme Court decided that bitcoin sales proceeds must be taxed as ordinary income. Investors and miners are both affected by the new law. The Højesteret, Denmark’s highest court and the last arbiter in civil and criminal matters, issued a ruling on March 30 mandating taxation on bitcoin gains.
This weekend marks the beginning of the Kraken and Williams Racing cooperation. Which will bring the exchange’s brand in front of millions of new eyes. One of the biggest cryptocurrency exchanges, Kraken, said on March 28 that it has signed a sponsorship deal with Williams Racing, one of the four
OKX, a cryptocurrency exchange located in Seychelles, has indicated its desire to begin offering its services in Australia. The exchange sees Australia as a promising market for the next wave of cryptocurrency adoption. In a statement released on March 29th, the trading platform said that Australia will be an important
The German Federal Financial Supervisory Authority (BaFin) issued the final license as a cryptocurrency custodian to Boerse Stuttgart Digital’s subsidiary, blocknox GmbH on Thursday. This comes at a time when the stock markets throughout the world have begun to recover. From the recent plunge caused by the downfall of major
Daniel Shin, one of the co-founders of Terraform Labs, appeared for interrogation at a South Korean court explaining his role in the failure of LUNA/UST. LUNA (now LUNC), the native token of Terra Classic, and UST(now USTC), the algorithmic stablecoin – seemingly collapsed last spring. Daniel Shin Answering on LUNC
Arbitrum is the network that allows users to transact on Ethereum at a low price. They introduced the ARB token. After a long wait, the ARB airdrop was live on March 23. The Arbitrum price has increased by around 11% in the last 24 hours with its trading volume. It has
The cryptocurrency platform Beaxy and its management are facing accusations from the Securities and Exchange Commission (SEC). This is for allegedly failing to register as an exchange, broker, or clearing agency. The finance regulator has taken another step in its unprecedented onslaught on US cryptocurrency businesses. Beaxy Digital Ltd, was
