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,
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
Cryptocurrency started green and fresh as the day began but is ending in the red zone. Every other coin or token in the market is passing through a dip of about 3 to 4% in the hour. Though major crypto updates are pipelined in consecutive days, such as the Ethereum
Recently, Justin Sun, the creator of Tron (TRX), spoke out to the public following a rumour circulating within the crypto market claiming he had been arrested. The speculation emerged after a tweet from the ex-diplomatic representative for Grenada to the World Trade Organization (WTO). That contained the number “4” –
Riot Platform, a significant player in the Bitcoin (BTC) mining industry, has recently refuted claims that BTC mining contributes significantly to environmental pollution and exploits power grids to generate profits. Consequently, these reports come after the New York Times article claimed that Riot Inc uses a large amount of electricity
The cryptocurrency ecosystem is witnessing a growing interest in XDC Network (XDC), as the platform continues to make significant strides. In a recent development, XDC has announced its integration with the KoinX platform, marking yet another major milestone in its journey. The integration will provide members of the XDC Network
Bitcoin (BTC), also known as the queen of cryptocurrency and the leading cryptocurrency by market capitalization, has recently attracted the attention of investors in the crypto market. The reason for this recent buzz in the cryptocurrency market is that Bitcoin has managed to push its price up by over 6%
Solana (SOL), popularly known as the “Ethereum-Killer” crypto, jumped over 10% in the last 24 hours to trade at $22.40 at press time. Contrarily, Bitcoin and Ethereum pulled on short but significant spikes — less than 10% – in the last 24h. The day noted the world’s largest cryptocurrency, BTC,
Bitcoin crossed the $30,000 mark, putting an end to its three-week-long consolidation. This largest cryptocurrency recorded its 10-month-high at $30,430, which is the new high peak after a cascade of crashes in 2022 — from Terra Luna collapse, Celsius, and FTX to the recent US bank runs. This breakout is
In order to remove the intervention of third-party services to buy, sell, or trade for transaction validation, cryptocurrencies are born. Since 2008, the crypto market is evolving to a position of aiming for a $5.15B global estimation in the year 2023. Soon in 2030, it is predicted to be doubled by
