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Search Results for: Cryptocurrency

Solana (SOL) Price Witnesses Price Surge Ahead of Mobile Saga Launch

Despite a general crypto market pullback following Bitcoin’s break above the $30,000 barrier on Tuesday, the price of Solana has soared by 20% in only the previous two days. On Wednesday, SOL price continued its upward trajectory with an 8% increase. In the last twenty-four hours, prices have fluctuated between

April 12, 2023 2 mins read

Billionaire Warren Buffett Criticizes Bitcoin Calling It ‘Gambling Token’

Warren Buffett, the billionaire businessman renowned for his outspoken condemnation of Bitcoin and the cryptocurrency industry, has reaffirmed his stance. On Wednesday, as Bitcoin’s price rose beyond $30,000 and neared a 10-month high, he made the remarks. Buffett has said that the leading cryptocurrency, Bitcoin, is nothing more than a

April 12, 2023 1 min read

FTX Funds Moved to Special Cold Wallet by Ren Protocol

Ren Open Protocol has announced the transformation of all cryptocurrency assets into FTX debtor accounts. Alameda Research acquired this blockchain interoperability platform at the start of 2022. As in the declaration tweet, the transfer was instructed prior in order to protect from “possible shutdowns”. pic.twitter.com/KndTzULW5B — Ren (@renprotocol) April 12,

April 12, 2023 1 min read

Binance CEO CZ Defends “CeFi Is Not Against DeFi”

Diverting their focus from the prevailing volatility in the crypto market, Hong Kong (HK) is keenly advancing towards crypto and Web3 adoption. This is evident from the crypto regulatory actions and Web3-centric events scheduled in the region. On Wednesday, Binance CEO Changpeng Zhao (CZ) connected in a candid virtual interview

April 12, 2023 3 mins read

FLOKI CEO Surpassed Over 155% After Elon Musk Mention

The meme token FLOKI CEO (FLOKICEO) on the Binance Smart Chain (BSC) has skyrocketed by more than 155% in the last 24 hours and once again “surpassed a new all-time high.” Floki CEO price changes come after Elon Musk, the CEO of Twitter, recently had an interview with the UK-based

April 12, 2023 1 min read

U.S CFTC Yet Again Claims Crypto as Commodities in Recent Lawsuit

Former Deutsche Bank investment banker Rashawn Russell is the subject of a civil enforcement action brought by the U.S Commodities Futures Trading Commission (CFTC) in the United States District Court for the Eastern District of New York. Furthermore, Russell is accused of defrauding investors out of at least $1 million.

April 12, 2023 1 min read

History Channel’s Twitter Account Hacked To Promote XRP Scam

History Latinoamérica’s (@HistoryLA) Twitter account was hacked. And used to spread a hoax concerning Ripple CEO Brad Garlinghouse and the cryptocurrency XRP. A picture of Garlinghouse and the word “VICTORY!!” were tweeted with a bogus link from the hijacked account. Authorities and individuals alike are becoming concerned about the prevalence

April 12, 2023 2 mins read

Hong Kong SFC Proposes Strict Regulation Governing DeFi Sector

Hong Kong is a global leader in the areas of crypto, web 3.0, and decentralized finance. The special administrative region’s goals and policies are consistent with its vision of becoming a technological center. ZA Bank, a regional institution, recently announced that it will support fiat and cryptocurrency transactions and provide

April 12, 2023 2 mins read

Hong Kong’s ZA Bank To Serve as Settlement Bank for Crypto Firms

There have been no big setbacks to Hong Kong’s crypto push, so far. All of the predicted growth in the digital asset market seems to be materializing. ZA Bank, Hong Kong’s biggest virtual bank, now supports both fiat and cryptocurrency transactions and provides account services to the city’s burgeoning digital

April 12, 2023 2 mins read

Justin Sun is the Reason Behind Binance to Delist Tron?

While the rumor about the founder of Tron, Justin Sun, circulated over social media, Binance US, the world’s largest cryptocurrency exchange, announced that the platform will delist the TRX token starting on April 18, which is connected to Justin Sun’s Tron crypto platform. That resulted in a decline in the

April 12, 2023 1 min read