Thu, September 24

NBA Legend Shaquille O’Neal Served Papers in Lawsuit Over FTX Promotion

After being accused by his attorneys of trying to avoid them. Former NBA player Shaquille O’Neal has been served with papers in a lawsuit over his participation in advertising FTX.  O’Neal was listed as a defendant in a lawsuit that was filed in federal district court in Florida in November.

April 17, 2023 2 mins read

SHIB, 1INCH, TWT and FXS No Longer Confined in Binance Innovation Zone

On Monday, the largest cryptocurrency exchange in the world, Binance, said it will be removing Shiba Inu (SHIB), 1INCH, Trust Wallet Token (TWT), and Frax Share (FXS) from its Innovation Zone. #Binance will move the following tokens out of the Innovation Zone: 🔸 $SHIB🔸 $FXS🔸 $TWT🔸 #1INCHhttps://t.co/BepOq4WVYm — Binance (@binance)

April 17, 2023 2 mins read

Coinbase Airdrops 601 Million FLR Tokens To Qualified XRP Holders

On Friday, Coinbase, a cryptocurrency exchange, said that it had successfully distributed all of the Flare (FLR) tokens that had been promised. There were over 601 million FLR tokens released to those who qualified (those who had XRP). The price of Flare Tokens, however, has not changed much. Coinbase has

April 15, 2023 1 min read

Price of Crypto Exchange OKX’s Native Token OKB Surges 20%

The price of OKB, the utility token of the crypto exchange OKX, has increased dramatically today. Over 20% has been gained in the last 24 hours, with a surge from $45.29 to $54.51.  There is a significant upward trend, and trade volume has increased by 328% in the previous 24

April 15, 2023 1 min read

Crypto Exchange Binance Burns Over 2 Million BNB Tokens

Binance, the biggest cryptocurrency exchange in the world, said on Tuesday that it has completed the 23rd quarterly BNB token burn mechanism, destroying 2.02M BNB tokens. Through the BNB Auto-Burn process, Binance hopes to lower the total number of BNB in circulation to 100,000,000. #Binance completes the 23rd Quarterly #BNB

April 14, 2023 2 mins read

Bitrue Cryptocurrency Exchange Hacked, Loses $23 Million in Funds

Recently, a report has disclosed that the Bitrue cryptocurrency exchange platform has suffered a hack. As a result, the platform lost a considerable amount of capital valued at approximately $23 million. On their official Twitter account, the Bitrue cryptocurrency exchange team announced that they quickly addressed a matter and prevented

April 14, 2023 1 min read

Decentralized Marketplace OpenBazaar Planning Relaunch

After being taken down for more than two years, the decentralized crypto marketplace OpenBazaar looks to be making a return, as shown by a series of posts on social media and GitHub.  A new version of the marketplace, which was shut down in 2020, has been in development since at

April 14, 2023 1 min read

Judge Denies Sam Bankman-Fried $10M Insurance Policy for Legal Fees

For the time being, at least, Sam Bankman-Fried will not be able to use his FTX insurance to pay for his legal fees. The former FTX CEO tried to use a $10 million insurance policy to pay for his legal fees, but the bankruptcy judge refused his petition on Wednesday.

April 13, 2023 2 mins read

Staked ETH Withdrawal on Binance To Commence From April 19

Users who staked ether (ETH) on Binance may now redeem their coins using their BETH holdings at a 1:1 ratio beginning on April 19 at 08:00 UTC, the exchange stated on Thursday. The Shapella hard fork, also known as the Shanghai upgrade, was executed on the Ethereum blockchain recently, allowing

April 13, 2023 1 min read

Defunct FTX Planning Relaunch in Q2, Recovers $7.3 Billion

FTX, a defunct cryptocurrency exchange, has recouped nearly $7.3 billion in cash and digital assets. In addition, the company’s counsel during a recent bankruptcy court hearing said the sum recovered is more than $800 million since January. According to Reuters, things are looking up for the faltering exchange during the

April 13, 2023 1 min read