Australian police have seized $6.4 million in cryptocurrency tied to a global criminal group. The seizure was part of “Operation Kraken”, a long-running investigation. Authorities revealed that the funds were linked to the group’s alleged leader. Operation Kraken is a collaborative effort involving Australia and international law enforcement. However, the
DBS Bank, Singapore’s largest financial institution, has been identified as a major player in the cryptocurrency market, holding nearly $650 million in Ethereum (ETH), according to blockchain analytics firm Nansen. The bank’s ETH holdings amount to 173,700 ETH, highlighting its major involvement in the crypto space. DBS Bank, with assets
The parent business of Bored Ape Yacht Club (BAYC), Yuga Labs, hosted the much awaited return of its big in-person event, ApeFest 2023, which was held in Hong Kong from November 3 to November 5. This year’s Hong Kong event did not focus on music in the same way that
Cardano’s creator Charles Hoskinson has addressed speculation that the Djed stablecoin may be phased out. In a recent post on twitter, he announced that Djed is not only staying put, but will also be undergoing a major revamp that will give this overcollateralized stablecoin a second chance at success. And
The rising uncertainty in the global financial sector has resulted in heightened selling pressure on Shiba Inu (SHIB), the world’s second-largest meme crypto price. In only 60 days, the price of a Shiba Inu has reduced by 17 percent. This drop occurred despite the SHIB team sharing promising developments about
Shiba Inu (SHIB), an Ethereum-based altcoin, has burned a total of more than 18 million tokens through three transactions in the last 24 hours. These SHIB tokens are considered decentralized cryptocurrencies. HOURLY SHIB UPDATE$SHIB Price: $0.00001116 (1hr 0.40% ▲ | 24hr -1.02% ▼ )Market Cap: $6,565,710,656 (-0.64% ▼)Total Supply: 589,369,879,473,723
The substantial reduction in the Shiba Inu (SHIB) circulating supply has been caused by the quantity of SHIB burnt in the recent hour. More tokens have been burnt in the past 24 hours than in the previous day. The Shibburn community burnt 1,500,000 SHIB tokens in a single transaction in
Former chief financial officer of Binance, purchased Coins.ph in early April. Originally intended to list the meme coin on July 13, but the launch was delayed. Acceptance of the Shiba Inu meme coin is increasing now that it has been listed on Coins.ph, a well-known Philippine cryptocurrency exchange. Currently, Coins.ph
Loans to the troubled hedge firm Three Arrows Capital would be immune from this. Customers who don’t want to use FTX may nonetheless file bankruptcy claims. Alameda Research and its affiliate FTX have offered to purchase Voyager Digital, but Voyager Digital has rejected the deal, calling it a “low-ball bid.”
According to the Whale portfolio, Ethereum holds around 76% of the total. SHIB comes in at a distant second with 19 percent of its portfolio. Ethereum Whales’ focus seems to have shifted to Shiba Inu investments, according to recent indications. An Ethereum Whale known as Gimli took a conscious decision
