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Search Results for: Cryptocurrency

Two Most Popular Meme Coins: Dogecoin Vs Shiba Inu

Although both Shiba Inu and Dogecoin are still well behind their respective highs, they have both been trending upwards over the last week. Recent occurrences have kept both the popular meme currencies in the spotlight. Shiba Inu and Dogecoin are pitted against one another as competitors because of their relative

February 24, 2023 2 mins read

Here’s Why Coinbase’s Layer 2 Blockchain Launch Powers Optimism ($OP) Token!

Coinbase’s recently launched its Layer 2 blockchain technology. However, the launch has met with excitement and optimism, particularly for the $OP token. The technology is a major step forward for the digital payments industry, allowing for more efficient transactions and faster transfer speeds.  Coinbase’s Layer 2 blockchain supports multiple blockchains,

February 24, 2023 2 mins read

Top 5 Cryptocurrencies to Invest in 2023

The world of cryptocurrency is still evolving rapidly. The year 2023 looks to be an interesting one for the crypto industry. The crypto market is beginning to revive in 2023 after a disastrous last year. Here are the top 5 cryptocurrencies to invest in 2023 in the volatile crypto market.

February 24, 2023 2 mins read

Recently Unearthed Crypto Scam Reveals Australians as Most Targeted

A complex international network of crypto call-center fraudsters, allegedly headed by Israeli organized crime kingpins, has been exposed as a major threat to Australian citizens. Australians were determined to be among the most targeted nationalities when Serbian, German, Bulgarian, and Cypriot officials conducted a massive raid on four call centers

February 24, 2023 2 mins read

Billions of BUSD Stablecoin Being Burned Amid Regulatory Crackdown

As per the crypto whale alert, 97,858,390 #BUSD (97,868,345 USD) have been burned at Paxos Treasury following the recent crackdown of authorities. Previously, in the second week of this month, Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, burned more than $700 million of BUSD tokens. That

February 24, 2023 1 min read

Binance’s $1B Voyager Deal Receives Opposition From SEC

The New York and Federal financial regulators have rejected the largest crypto exchange Binance’s $1.2 billion assets acquisition of bankruptcy cryptocurrency lender Voyager Digital. According to a 22nd February document, regulators believed it might be discriminatory and illegal. Binance U.S resubmitted its bid on Voyager after FTX filed for Chapter

February 24, 2023 1 min read

Ark Invest’s Cathie Wood Buys Huge Pile of Coinbase Stock

Ark Invest, Cathie Wood’s investment management business, has made its biggest purchase of Coinbase shares ever. Cathie Wood is unfazed by Coinbase’s declining sales and regulatory uncertainties in the U.S. crypto sector. Quarter 4 revenue for Coinbase was $605 million, down significantly from $2.49 billion in the same period last

February 23, 2023 1 min read

Bitcoin Soars Over $25K and MEXC (MX) Hits Intra-Year High

Singapore, Singapore, 22nd February, 2023, Chainwire With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%. Bitcoin’s price rising over $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take

February 23, 2023 2 mins read

Binance’s Entry Into South Korea Under Scrutiny by Regulators

The arrival of Binance, a major cryptocurrency exchange, into the South Korean market has caused concern among the country’s financial regulators. Binance, the biggest cryptocurrency exchange in the world, returned to South Korea on February 3. After a two-year absence by acquiring a controlling stake in the fifth-largest cryptocurrency exchange

February 23, 2023 2 mins read