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Search Results for: Cryptocurrency

Crypto Whales Move Around $366 Million Worth of XRP Tokens

In the last several weeks, the price of XRP, Ripple’s native cryptocurrency, has been under extreme market pressure. On Tuesday, however, XRP’s value unexpectedly rose by 5% as rumors of a settlement in the Ripple case began to circulate. Furthermore, the information shows that crypto whales have traded a significant

January 3, 2023 1 min read

Glip Collaborates With Leading Web2 Studios To Boost Web3 Gaming

In only three months, the top Web3 game discovery app Glip has added more than 100,000 users and exceeded 1 million wallet creations. The app also detected a significant demand for Web3 gaming, which led to over 50,000 verified earners. The Web3 gaming market is expanding, but one of the

January 3, 2023 2 mins read

Will Ethereum OverTake Bitcoin Transactions?

Ethereum’s total transactions have more than quadrupled that of Bitcoin. However, BTC remained the most popular crypto in 2022. And, despite the fact that ETH has received more transactions, Bitcoin has remained in the same position. BTC remains the undisputed monarch. According to data from Nasdaq and Ycharts posted on

January 3, 2023 2 mins read

Major Cryptocurrencies Soar as the Market Turns Green

The global cryptocurrency market currently signals a bullish outlook. Due to the markets’ sudden “green turn,” the leading cryptocurrencies are witnessing a positive price momentum, with their values increasing during the last 24 hours. According to CoinMarketCap (CMC), the market’s dominant cryptocurrency, Bitcoin (BTC), is currently trading at around $16,733.30

January 3, 2023 1 min read

Former Chair of Bithumb Exchange Acquitted in $70M Fraud Case

On January 3, 2023, the 34th Division of the Criminal Agreement of the Seoul Central District Court acquitted Lee Jung-hoon, the former head of the South Korean cryptocurrency exchange Bithumb. During his trial, Jung-hoon faced charges of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes. The

January 3, 2023 2 mins read

Revenue of Bitcoin Miners Plummets to $9.55 Billion in 2022

Crypto miners were at risk due to the lengthy downturn market that was compounded by a slew of major disasters. Defaulted loans, quarterly losses, and record-breaking increases in Bitcoin hashrate were just a few of the problems miners were experiencing. There was selling pressure as a result of all these

January 3, 2023 1 min read

Gemini Co-founder Targets Barry Silbert Over Genesis Withdrawals

Cameron Winklevoss, co-founder of Gemini, expressed frustration in an open letter to Barry Silbert, CEO of Digital Currency Group (DCG), about the company’s slow response in regards to stopping Genesis withdrawals. About 340,000 Earn customers are still waiting for withdrawals to be restored, and he addressed their plight. Collectively, the

January 2, 2023 2 mins read

Binance Eyes South Korean Market Via Acquisition of Gopax Exchange

On Monday, Binance, the biggest cryptocurrency exchange in the world, finished its due diligence on the purchase of Gopax and officially returned to the South Korean market. Among South Korea’s crypto exchanges, Gopax is a strong contender. According to a source with knowledge of the situation. The purchase announcement was

January 2, 2023 1 min read

Decentralized Think Tank Publishes Industry Update Regarding The Future of Cyber Security for Blockchain Exchanges

LONDON–(BUSINESS WIRE)–$CGG #confidentialcomputing–Following the recent FTX debacle, The Decentralized Think Tank released an industry update on the topic of cyber security for crypto exchanges. The report explores the importance of confidential computing in securing the future of crypto exchanges, alongside naming a number of emerging leaders in the field, including:

January 2, 2023 7 mins read

Top Blockchain Influencers in the World

Top 5 Blockchain Influencers in 2022 Influencer Marketing is one of the most efficient strategies to reach our target demographics in this Holocene era. Remember the old-school days when salespersons pitched product marketing at our doorsteps? Well, Influencer Marketing is an amalgamation of conventional marketing and the social media platform,

January 2, 2023 8 mins read