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Search Results for: crypto market

Justin Sun Bids to Purchase 41.5k BTC from the U.S. Government

Tron’s Co-founder, Justin Sun, offers a deal to purchase 41,500 BTC which is worth approximately 1.2 billion USD at a 10% discount. The United States government wants to liquidate the bitcoins in a series of four batches this year – forfeited in the Silk Road case.  As reported on March

April 1, 2023 1 min read

NFT Tech Announces Closing of First Tranche of Private Placement

VANCOUVER, British Columbia–(BUSINESS WIRE)–$NFT #Facebook—NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) (“NFT Tech” or the “Company”), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce it has closed

April 1, 2023 5 mins read

Ether Capital Corporation Reports Annual 2022 Financial Results

TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) announces the reporting of its audited consolidated financial results for the year ended December 31, 2022. The financial results include a restatement of comparative 2021 consolidated financial statements. There is no cash impact on the financial position of the

April 1, 2023 13 mins read

Bittrex Statement on U.S. Operations

SEATTLE–(BUSINESS WIRE)–Bittrex Co-Founder and CEO Richie Lai released the following statement today regarding Bittrex U.S. This announcement does not impact Bittrex Global, which will continue operations as normal for its customers outside the U.S.: “As a direct result of continued regulatory uncertainty and a lack of interest from U.S. regulators

April 1, 2023 2 mins read

Stellar (XLM) Price Witnesses Bullish Momentum Amid Recent Developments

Stellar Lumen’s principal function is to link individual users to financial institution payment networks. Stellar’s goal is to develop a system that facilitates low-cost, instantaneous money transactions.  Stellar is more likely to compete with Ripple in its intended use case, which is to serve as a conduit between international financial

March 31, 2023 2 mins read

Coinbase CEO Backs ChatGPT Development Despite Heavy Criticism

The CEO of the biggest cryptocurrency exchange in the United States, Coinbase, has spoken out against calls to temporarily halt ChatGPT’s enhancements. Despite support from several high-profile figures in the IT sector. Brian Armstrong recently tweeted: “Count me among the people who think this is a bad idea. There are

March 31, 2023 2 mins read

Ripple CEO Continues to Criticize the SEC, Will It Settle the Lawsuit?

Brad Garlinghouse, CEO of Ripple, expressed his “disappointment” with Securities and Exchange Commission (SEC) Chairman Gary Gensler’s recent remarks about the crypto regulations. Earlier today, Garlinghouse urged American lawmakers to pay attention and consider legislation for the cryptocurrency industry on Twitter. The SEC chair stated before the House Appropriations Committee

March 31, 2023 1 min read

Ripple (XRP) Shows Massive Whale Movement Again

Ripple (XRP) reached $0.50 for the first time since November 2022. Whale Alert, a tracker, and analyzer of cryptocurrency transactions reported that there is a notable increase in the XRP’s whale transactions.  According to Whale Alert, there are 306,063,627 XRP transferred to several accounts within five transactions in the last

March 31, 2023 1 min read

Binance’s Net BTC and ETH Outflow Post CFTC Lawsuit Quite Consistent

The United States Commodity Futures Trading Commission (CFTC) has launched a lawsuit against Binance, the biggest cryptocurrency exchange in the world, and its CEO “CZ,” alleging that they have broken regulations pertaining to cryptocurrency trading and derivatives. When combined with the increased attention and crypto governmental crackdowns that followed FTX’s

March 31, 2023 1 min read
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