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Search Results for: Cryptocurrency

190 Binance Accounts Seized by Israel on Suspicion of Terrorism

Israeli authorities have seized over 190 Binance crypto accounts connected to terrorist organizations since 2021. It mentioned a report from Israel’s National Bureau for Counter Terror Financing (NBCTF) that showed two accounts connected to ISIS that had been confiscated to “thwart the activity” of terrorist organizations. These records state that

May 5, 2023 1 min read

Synthetix Network (SNX) Price Prediction 2023 — Will SNX Hit $5 Soon?

In this Synthetix Network (SNX) price prediction 2023, we will analyze the price patterns of SNX by using accurate trader-friendly technical analysis indicators and also predict the future movement of the cryptocurrency.  Synthetix Network (SNX) Current Market Status Current Price $2.49 24 – Hour Trading Volume $18,519,403/td> 24 – Hour

May 5, 2023 11 mins read

Ethereum (ETH) Fees Hit May’22 High; Pepe Is the Reason?

Ethereum (ETH) transaction fees have again hit highs since May 2022. A spike in transactions on the Ethereum blockchain also involving meme-based tokens such as Pepe (PEPE) and Wojak (WOJAK) has driven up traffic on the network, pushing the average fee rate to the highest in nearly one year while

May 5, 2023 2 mins read

U.S Court Approves Sale of LedgerX by FTX for $50 Million

FTX’s loss-making sale of the derivatives trading platform LedgerX was approved by a U.S. court today. On Thursday, Judge John Dorsey swiftly approved the sale to M7 Holdings, a private equity firm. When the United States Bankruptcy Court in Delaware approved a motion to allow the sale. LedgerX CEO Zach

May 5, 2023 2 mins read

Pepe Price Soars, but Is Its Growth Sustainable?

Pepe, the cryptocurrency linked to the internet meme icon Pepe the Frog, has become a notable contender in the meme coin market, challenging the likes of Shiba Inu (SHIB) and Doge (DOGE). It’s recent listing on BitMEX, a significant player in the cryptocurrency exchange sector, has contributed to Pepe’s surge

May 5, 2023 2 mins read

Western Alliance Bank Share Price Falls by 39% Amid Sale News

On Thursday, Western Alliance Bank, the latest bank to be alleged to be approaching collapse amid mounting pressure on the US banking system, released a statement. Bank executives denied seeking buyers and claimed they had no plans to employ an outside consultant to evaluate strategic alternatives. The announcement was made

May 5, 2023 2 mins read

Shiba Inu Burns 1.6B Tokens, Signals Commitment to Sustainability

In a significant move for the cryptocurrency world, the Shiba Inu (SHIB) token has seen a massive burn of 1,695,572,371 tokens. This substantial transfer has been completed by sending the tokens to a “dead wallet,” effectively removing them from circulation. This development is significant for several reasons. First and foremost,

May 5, 2023 2 mins read

Coinbase’s Q1’23 Financial Results Highlight Focus on Efficiency and Innovation

Coinbase, a leading cryptocurrency exchange, has recently announced its Q1’23 financial results in a tweet. The full letter to shareholders can be found on the company’s Investor Relations website. The tweet also stated that Coinbase has been focused on building an increasingly efficient business that can do more for less.

May 5, 2023 2 mins read

North Carolina Passes Bill Banning CBDC Payments and Fed Testing

The North Carolina House of Representatives has passed a bill, “HB690,” that prohibits individuals from using central bank digital currencies (CBDCs) to make payments to the state. The legislation also prohibits the Federal Reserve from using North Carolina as a potential testing ground for its own CBDC pilot. The bill

May 5, 2023 3 mins read

Montana Passes Pro-Crypto Mining Bill “Right To Mine” Into Law

Montana Governor Greg Gianforte has signed a pro-cryptocurrency mining bill, S.B. 178, into law. The bill largely prevents local governments in Montana from passing laws that prohibit cryptocurrency mining. It enshrines crypto miners’ rights in the state by revising existing laws to prohibit discriminatory electrical rates for mining firms and

May 5, 2023 2 mins read