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Search Results for: Cryptocurrency

Hong Kong Court Terms Cryptocurrencies as Property in Recent Ruling

Governments all across the globe have struggled to grasp the actual nature of cryptocurrencies. Despite its label as a commodity by some. The U.S SEC has been advocating for it to be treated as a security. A Hong Kong court has ruled that cryptocurrencies are property in a case involving

April 19, 2023 1 min read

Crypto Exchange Binance Now Allows Withdrawal of Staked ETH

Staking Ethereum (ETH) withdrawals and BETH redemption have been enabled by Binance, the biggest cryptocurrency exchange in the world. Earlier, the cryptocurrency exchange announced that one week following the Ethereum Shanghai (Shapella) update, customers may withdraw their staked ETH. #Binance has enabled the withdrawal function for ETH 2.0 staking. For

April 19, 2023 2 mins read

Bitunix Has Marched on A New Journey of Global Expansion in April

The professional crypto derivative exchange Bitunix announced a $10 million investment from Dubai investors. On last week, officials of the crypto derivative exchange announced established Dubai office to compliance capture the global crypto market. Owing to the open, friendly, and relaxed cryptocurrency environment given by the government, Dubai has developed

April 19, 2023 3 mins read

Meme Coins Dominance on the Rise in Crypto Space

In a world where meme coins such as Shiba Inu (SHIB), Dogecoin (DOGE), and Floki (FLOKI) have survived and thrived, they have become the “talk of the town” in Twitter Space through their unexpected success and the future of these tokens. Their potential use cases acted as a game-changer and

April 19, 2023 2 mins read

Indian Crypto Exchange WazirX Charges Higher Gas Fee?

WazirX, India’s most trusted Bitcoin and cryptocurrency exchange collects 30.43 USDT as a withdrawal fee for the minimum withdrawal amount of 60.80 USDT. That is equal to the actual withdrawal fund (50%).  When users of the WazirX exchange attempt to withdraw money, the platform displays fees that are higher than

April 19, 2023 1 min read

Ethereum Gas Fees Skyrocket Due to Sandwich Bot Attacks

As the cryptocurrency market experiences a surge in interest in meme-based tokens like Pepe and Chad, a new threat has emerged for traders – sandwich bots. These bots, which front-run transactions and manipulate them for profit, are causing havoc on the Ethereum network and costing traders millions of dollars. An

April 19, 2023 2 mins read

SEC Chair Gary Gensler’s Crypto Regulatory Views Unchanged Despite Criticisms

Those who have been prevalent in the cryptocurrency realm for quite some time are quite familiar with the SEC and Gary Gensler. The commission and the SEC chair have long been criticized for their backward thinking. They were also quite famous for their actions to crack down on the cryptocurrency

April 19, 2023 2 mins read

Release of MetaOne ® 3.0 Allows Complete Crypto Circle With SWAP and OFF-RAMP

AAG, a firm specializing in Web3 infrastructure, has announced that in the next upgrade to the MetaOne® wallet application, two new features will be made available: asset swap and crypto off-ramp. Within the MetaOne® app, asset swap will make it simple for consumers to trade out one cryptocurrency for another.

April 19, 2023 1 min read

Intel Announces Discontinuing Bitcoin Mining Chips Launched Last Year

Intel’s announcement on Tuesday that it will stop producing its flagship brand of Bitcoin mining chips came as a surprise to the cryptocurrency community and the larger crypto-mining market. Furthermore, the firm has promised that final shipments would occur no later than April 20, 2024. Intel has announced that it

April 19, 2023 1 min read