Mon, November 11

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Nigerian Court Denies Bail to Binance Compliance Chief Despite Health Issues

A Nigerian court denied bail to Tigran Gambaryan, Binance’s Compliance Chief, despite his worsening health condition.The decision was handed down on October 11, 2024, following Gambaryan’s second bail plea. His legal team highlighted his medical condition, arguing that he requires urgent attention, but the court rejected the request. Gambaryan faces

October 11, 2024 2 mins read

Crypto Whale Loses $35 Million to Phishing Scam

A crypto whale recently fell victim to a phishing scam, losing nearly 15,079 Few Wrapped Duo ETH (fwDETH), worth $35 million on the Blast network. The attack occurred after the victim signed unknowingly a fraudulent “permit” signature, which allowed the attacker to drain funds from the wallet. The targeted whale

October 11, 2024 1 min read

BlackRock Surpasses $11.5 Trillion in Assets Amid Record Inflows

BlackRock, the world’s largest asset manager, has reached a remarkable milestone, now overseeing $11.5 trillion in assets under management. This marks the third consecutive quarter of record-breaking growth for the firm, solidifying its status as a leader in the financial industry. In the last quarter alone, BlackRock attracted $160 billion

October 11, 2024 1 min read

Can Bitcoin Break Through the $62,000 Resistance Level?

The Bitcoin (BTC) price continued to dip, reaching as low as $58,895 before making an attempt to recover. At the time of writing, BTC is trading at $61,317 with a market cap of $1.21 trillion. The intraday high reached $61,437, but Bitcoin is finding it difficult to push above the

October 11, 2024 2 mins read

Gate.io Will List PUFFER for Trading and Simultaneously Launch PUFFER Mining, With a Total Amount of 1,500,000 Tokens

Leading cryptocurrency trading platform, Gate.io, will list Puffer (PUFFER) for trading on October 14, 2024, at 20:00 (UTC+8). Puffer has evolved into a leading innovator in the Ethereum infrastructure space, focusing on next-generation rollup solutions called Based Rollups, supported by liquidity restaking (LRT) and pre-confirmation technology AVS. With products like

October 11, 2024 2 mins read

Is Ethereum (ETH) on the Brink of Falling Under $2.4K?

The altcoin market has shown mixed signals from the start of the week. Ethereum (ETH), the largest altcoin, is grappling to sustain itself in the $2.5K mark. The asset’s price has been caught between the key support and resistance levels. Notably, ETH witnessed several price dips in the past few

October 11, 2024 2 mins read

UNI Token Hits 3-Month High After Uniswap’s Unichain Launch

The governance token of the Uniswap decentralized exchange has surpassed the global crypto market by recording the highest gains on October 11. According to the CMC, UNI has climbed 19.21% over the past 37 hours following the launch of its layer-2 network, Unichain. The price of UNI rose from a

October 11, 2024 2 mins read

Tezos Stakers Sue IRS in Federal Court Over Staking Tax Rewards

On October 10, 2024, Josh and Jessica Jarrett, Tezos network stakers, again filed a lawsuit against the IRS, challenging its taxation of block rewards from staking on the Tezos network. This case, now in federal court in Tennessee, asserts that tokens generated through staking should be classified as property. It

October 11, 2024 2 mins read

Botanika ($BONSAI) Successfully Raises $1.5M From 30 Angel Investors to Further Enhance Its  Decentraland Data Storage Capacity 

Botanika ($BONSAI), a Dubai-based company that is revolutionizing data storage through the use of artificial intelligence (AI) and blockchain technology, has successfully completed a funding round and secured $1.5 million. The company announced that the funds were contributed by 30 angel investors, who were not revealed. The company confirmed that

October 11, 2024 3 mins read