According to an announcement on the Optimism (OP) website, the foundation behind the layer2 blockchain Optimism recently conducted a significant token sale, generating $157 million in revenue by selling 116 million OP tokens to seven distinct purchasers. This token sale was a planned and deliberate event. The foundation characterized this token sale as a private […]
Binance Founder and CEO Changpeng Zhao via X addressed some of the speculation regarding recent management changes at Binance’s United States branch. His tweet on X follows news that Miami-based Binance US chief executive Brian Shroder will step down. “Brian Shroder is taking a well-deserved break after achieving what he set out to do when […]
Previously, Binance CEO Changpeng Zhao said Singapore had become more careful about cryptocurrency regulations after the collapse of FTX, but the country was still crypto-friendly. Reporting from Coinmarketcap, Monday (18/9/2023), Zhao pointed out that Hong Kong crypto regulations implemented in the middle of the year only allowed a limited number of tokens to be traded […]
A significant crypto holder has reportedly fallen victim to a staggering $4.46 million phishing scam. The incident involved the transfer of approximately $4.46 million worth of Tether (USDT) from a Kraken crypto exchange wallet to an address ending in “ACa7,” according to data from Etherscan. Blockchain security firm PeckShield has identified the destination address as […]
Mt. Gox Trustee Extends Deadline for Repaying Creditors September 21, 2023, 14:05 GMT+7 For creditors of the now-closed Mt. Gox cryptocurrency exchange, Nobuaki Kobayashi, the individual overseeing the exchange’s bankruptcy proceedings, has granted a one-year extension to the repayment deadline. Extended Deadline: Creditors Must Wait Until October 2024 Originally scheduled for October 31, 2023, the […]
l A group of British politicians made a virtual appearance in the metaverse on September 20 to address leaders from 51 countries. Their goal was to outline the United Kingdom’s vision for the blockchain and Web3 industries. During the metaverse gathering, eight British Lords and politicians discussed the opportunities and challenges presented by the rapid […]
Ethereum Genesis Wallet Awakens After 8 Years, Transfers ETH to Coinbase In a surprising turn of events, a long-dormant Ethereum ICO participant has resurfaced and transferred 32.1 ETH to Coinbase. This wallet, seemingly associated with shemnon.eth (@shemnon), was originally part of Ethereum’s Genesis and initially received 200 ETH. This unexpected activity has captured the attention […]
Cryptocurrency is proving to be a real hedge against economic turmoil in many countries facing severe financial crises. Several nations, especially in Africa, including Nigeria, have witnessed a surge in the use of cryptocurrencies, particularly Bitcoin, as a smart way to safeguard their wealth. Data from Chainalysis reveals that Nigeria, one of Africa’s largest economies, […]
Bitcoin and the majority of crypto assets strengthened amidst the wait and see attitude of market players waiting for the policy of the United States (US) central bank, The Federal Reserve (The Fed). Part of the increase in crypto asset prices is due to increasing confidence among market players that the Fed will maintain its […]
Is $10,000 Possible For XRP Price? Crypto Analysts Weigh In Sep 20, 2023, 17:00 GMT+7 XRPUSD −0.01% The potential for XRP’s price to reach $10,000 has sparked intense discussions within the cryptocurrency community in recent days. One particular prediction suggests that the price of XRP could surge to $10,000 as Ripple makes advancements in the […]