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Search Results for: Cryptocurrency

Australia Proposes Strict Regulation for Crypto Sector Post FTX Fiasco

The first phase of Australia’s multi-year strategy to regulate Bitcoin and cryptocurrencies has been unveiled. Through this new approach, the government wants to make sure the regulation of cryptocurrencies safeguards users, according to Assistant Treasurer Stephan Jones. The release cites shoring up enforcement, boosting user protection, and creating a structure

February 4, 2023 1 min read

Terra Classic (LUNC) Price Spikes Over 9.5% in a Day

The price of Tera Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, surged dramatically as the global cryptocurrency market witnessed a bullish trend. At the time of writing, LUNC soared over 9.5% in the last 24 hours and is still being supported by buying signal.  The year

February 4, 2023 2 mins read

Class Action Lawsuit Filed Against Logan Paul Over CryptoZoo NFTs

In a new class action lawsuit, Logan Paul and the NFT project CryptoZoo are accused of rug pull. In September 2021, the NFT-based game CryptoZoo was announced. With the promise of “an autonomous ecosystem” that would allow virtual ZooKeepers to purchase, sell, and trade exotic animals on the blockchain, hatching

February 3, 2023 1 min read

U.S Unemployment Rate Figure Lower Than Expected at 3.4%

The market has reached a point of no return. A new report on non-farm payrolls in the United States is now available. The number of individuals working in the U.S.’s industrial, construction, and retail sectors. The government statistics show that in January, a staggering 517k new employment were created. The

February 3, 2023 1 min read

Binance Re-enters South Korea After Acquiring Crypto Exchange GOPAX

Binance has purchased a controlling stake in the cryptocurrency exchange GOPAX in South Korea. The purchase was made possible by the “Industry Recovery Initiative,” an initiative spearheaded by Binance. By purchasing GOPAX, one of the top five crypto exchanges in South Korea, Binance is making a comeback to the country’s

February 3, 2023 2 mins read

Titan Comics Dives Into NFTs with Nouns DAO and 4K Protocol

Leading Global Publisher, Titan Comics, Collaborates with the Nouns DAO and 4K Protocol to Bring Nouns-Inspired Comic Books to the Blockchain via Physically-Backed NFTs LOS ANGELES–(BUSINESS WIRE)–#comicbook—Titan Comics, the publishers of Batman, Doctor Who, Family Guy, Superman, and Star Wars comic books, alongside Adam Fortier of ComicsDAO are launching a

February 3, 2023 4 mins read

Coinbase Stock Surged Over 24% Following Fed Interest Rate Hike

Today the U.S based cryptocurrency exchange Coinbase (COIN) shares soared by more than 24%, despite the Federal Reserve’s most recent hike in interest rates and statements from Fed Chair Jerome Powell about the Fed’s efforts in battling the high rate of inflation.  Further, on Wednesday, a U.S. judge dismissed the

February 3, 2023 2 mins read

Binance’s Significant Move Transferring 6.4T Shiba Inu Without Affecting Price

The world’s leading cryptocurrency exchange Binance has recently made a significant move with the Shiba Inu (SHIB) token, transferring 6.4 trillion SHIB without affecting the price. This remarkable feat happen through sending a single transaction worth 6.4 trillion SHIB tokens from one wallet to another on the Binance Smart Chain. 

February 3, 2023 2 mins read

MetaMask Announces New Security and Privacy Features

MetaMask, a leading cryptocurrency wallet, stated on February 2 that it will provide customers with an improved experience when creating new wallets and adjusting their account’s security and privacy settings. Users can now control which functionalities make queries to external services by toggling them in the detailed privacy settings. MetaMask

February 3, 2023 2 mins read

Bitcoin Miner Marathon Digital Sells 1500 Bitcoin For Operational Expenses

Bitcoin soared by over 40% in the first month of 2023, off to a fantastic start for the year. This was also the second-largest increase for the month of January in the last decade. For operational purposes, Bitcoin mining firm Marathon digital has been selling its BTC holdings as the

February 3, 2023 1 min read