Sat, February 8

Crypto Market Stabilizes as U.S Unemployment Rate Surges to 3.6%

According to the most current nonfarm payroll statistics from the Bureau of Labor Statistics, the United States gained 311,000 jobs in the month of February. It’s less than the previously reported 517,000 jobs gained in January, but it’s still far more than the 225,000 jobs that experts expected would be

March 10, 2023 1 min read

CryptoGPT Launched its Native Token GPT

Today, the Ethereum-based zero-knowledge (ZK) layer-2 blockchain CryptoGPT launches its native crypto token ‘GPT.’ By debuting its own currency, CryptoGPT is seekings to capitalize on the popularity of ChatGPT and artificial intelligence (AI). However, leading cryptocurrency exchanges such as Bitfinex, PancakeSwap, Uniswap, Bybit, Bitget, and others listed the new crypto

March 10, 2023 1 min read

Starbucks Limited Edition Siren NFT Collection Sold Out in 18 Minutes

The Starbucks Odyssey rewards programme, built on the Ethereum sidechain network Polygon and now in beta, is a major move for the coffee giant into the Web3 sphere. After distributing some free prize NFTs to the platform’s early users, the company released its first premium collectable for sale. Beta users

March 10, 2023 2 mins read

Ethereum Tagged as Security by NY Attorney General in KuCoin Lawsuit

The leading crypto exchange KuCoin is being sued by the New York Attorney General’s office for allegedly breaking state securities and commodities laws. In the case, Attorney General Letitia James makes the shocking statement that Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is a “Security” in addition to Terra

March 10, 2023 2 mins read

Bitcoin (BTC) Price Hits $19K, Will the Decline Continue?

Crypto market leads Bitcoin (BTC) and Ethereum (ETH) have plunged more than 8% in the last 24 hours. The whole market is in panic as every other cryptocurrency is seen in red. Among the top 20 coins, only the stablecoins are witnessing a green graph.  The fall is continuously declining

March 10, 2023 1 min read

CFTC Chair Rostin Behnam Calls Ethereum a Commodity

In an intriguing turn of events, the U.S. Commodities and Futures Trading Commission (CFTC) declared Ethereum and stablecoins to be “commodities” and so subject to its regulatory authority. It’s a move that pits the CFTC squarely against the U.S. Securities and Exchange Commission, which wants to regulate all cryptocurrencies as

March 9, 2023 1 min read

Vitalik Buterin Contributes $15M USDC Towards Airborne Diseases Research

Vitalik Buterin, the co-founder of Ethereum, has contributed $15 million USDC from the Balvi Philanthropic Fund. This is towards the University of California, San Diego, to fund studies into airborne diseases. This grant is said to be the largest ever contributed to open-source research on aerosols. And one of the

March 8, 2023 1 min read

Vitalik Buterin Swaps Gifted Altcoins by New Projects Into ETH

Several altcoins were offered as souvenirs to the co-founder of the world’s second-largest blockchain, Ethereum, but he has swapped them recently. The on-chain data portal Lookonchain reports that Vitalik Buterin has converted over $700,000 worth of various altcoins into ETH. He has already made a profit of 1.25 ETH from

March 7, 2023 1 min read

Tether’s Proposal for TRC20 to ERC20 Conversion

Tether made an announcement of coordinating with Binance to perform a chain swap. This is basically a conversion process of assets from the existing blockchain to another blockchain. Tether’s announcement had details of tokens in Tron shifted to Ethereum. In few minutes Tether will coordinate with Binance to perform a

March 6, 2023 1 min read

10,266 Ethereum (ETH) Worth Millions Transferred by Sleeping Whale

As a result of the Silvergate Debacle, the price of Ethereum, the second biggest cryptocurrency, is coming under heavy selling pressure. Investors are wary of reentering the market after Silvergate’s recent filings raised the spectre of the company’s collapse. Yet, a sleeping whale’s wallet was seen splurging from its fund

March 6, 2023 1 min read