After the prolonged bear market, the year 2023 starts with a bull run in the cryptocurrency industry. Also, the Silicon Valley Bank’s failure, which led the stock markets to face heightened volatility, brought more attention to the digital market. And the global crypto market cap regained its $1.1 trillion cap.
The biggest U.S.-based digital asset trading platform, Coinbase, recently stated that it will be stopping trading in six cryptocurrencies. According to the results of the March internal review conducted by the exchange, this is the case. For the record, Coinbase has recently tweeted that it conducts frequent reviews of the
The last 24-hour window recorded its largest Shiba Inu whale transfer after the Shibarium Beta launch. Reportedly, 800,215,912,624 SHIB, worth $8.2 million at press time, was transferred from Shiba Staking to an anonymous wallet. 🚨 800,215,912,624 #SHIB (8,230,620 USD) transferred from Shiba Staking to unknown wallethttps://t.co/EAryhzbrQ0 — Whale Alert (@whale_alert)
A recent update from the Circle team regarding USDC operations guarantees the removal of backlogs. Additionally, a request for redemption of USDC has also been made, at the EOD of the U.S. banking sector on March 15th. Update: As of close of U.S. banking operations Wednesday, March 15, we have
On Tuesday, investors shrugged aside the long-term repercussions of a regulatory clampdown on crypto-friendly banks, while U.S. consumer price index (CPI) data pointed to decreasing inflation in the coming months, sending bitcoin and ether temporarily over $26,000 and $1,770, respectively. Both prominent tokens dropped as much as 5% from their
During a massive Bitcoin price surge, crypto titans seem to have jumped into action with massive buying intentions. As US banking stocks plummeted on Monday due to the bankruptcy of Silicon Valley Bank and Signature Bank, investors were relieved to see a surge in the value of cryptocurrencies. Even though
Reports from SXSW 2023 conference in Austin reveal that the SHIB booth is a “popular spot in the hall”. Shibarium, the layer-2 protocol for the Shiba Inu (SHIB) ecosystem release of beta version last weekend was also a push for the spotlight. On the SXSW 2023, “SHIB, The Metaverse” was
Attempting to negotiate with the hacker who stole millions from its Ethereum-based non-custodial lending protocol, Euler Finance has demanded the restoration of 90% of the stolen funds within 24 hours or face legal penalties. On March 14, Euler Labs sent an offer to the hacker responsible for the $196 million
Following the Fed’s CPI data release on Tuesday, the global crypto market is rebounding by displaying bullish rallies. Since the onset of 2023, memecoins and AI-based crypto tokens dominated the trending lists on Twitter and various aggregator feeds – CoinMarketCap and Coingecko. Significantly, Bitcoin and Ethereum reclaimed the ranks and
With a market valuation of US$1.4 billion, Wemade Co., Ltd. (KOSDAQ:112040), one of South Korea’s top publicly listed gaming firms, has announced a strategic alliance with Space and Time (SxT), a pioneer in decentralized data storage. Under the cooperation, Wemade will be able to use the decentralized developer tools from
