The Brazilian market welcomes Coinbase, the latest global crypto exchange to enter the country, willing to compete with other established giants, such as Binance, Mercado Pago, and Nubank, which have been operating in Brazil for years and have a massive number of users. On March 21, Coinbase, the US-based cryptocurrency exchange, announced its expansion into...Read More
The authorities of the United States pressed charges against Irina Dilkinska (who served as Head of Legal and Compliance at OneCoin) for her alleged role in the infamous crypto scam and deported her from Bulgaria to the US. She could receive a maximum potential prison sentence of 20 years for allegedly committing wire fraud and...Read More
The Council fo Economic Advisors showed outright disregard for the purported benefits of Bitcoin and other cryptocurrencies in the President’s Economic Report released on Tuesday. The report claimed that cryptocurrencies lack fundamental value, and also do not “act as effective alternatives to money.” Crypto: Expectations VS Reality The White House report included two dedicated sections...Read More
Despite fears surrounding the US banking sector, the Fed has followed through on its plans to quell inflation with an interest rate hike of 25 basis points on Wednesday. The decision notably affected the price of Bitcoin, which pumped $300 within 5 minutes of the announcement. Bitcoin started the day trading at $28,216, before rising...Read More
Bitcoin and Ethereum, which are high market capitalization assets, have remained stable, while altcoins such as XRP have experienced overnight double-digit gains. According to crypto experts, Bitcoin’s increasing dominance indicates that the “popcorn effect” is imminent, and the gains will keep spreading to XRP. XRP’s 20% upward rally has been majorly attributed to the potential...Read More
Multi-chain non-fungible token (NFT) marketplace Magic Eden has launched a “fully audited” marketplace on the Bitcoin network as interest in Ordinal NFTs continues to grow. In a press release, Magic Eden said it released the marketplace in honor of Bitcoin’s culture. Riding on the “lightning pace of adoption” that followed the launch of the Ordinal...Read More
Do you want to boost your passive income from Bitcoin and crypto? Would you like to know the quickest way to activate the bitcoin income you are now receiving? There are more opportunities for passive income as a result of the surge in popularity of cryptocurrencies. The goal of producing residual income with bitcoin is...Read More
Hackers have managed to infiltrate the Twitter account of a Circle executive to falsely state that the stablecoin issuer was conducting a USDC airdrop. The fake airdrop leads to a phishing website likely designed to steal users’ tokens. Circle CEO Jeremy Allaire confirmed that the Twitter account belonging to Dante Disparte, the company’s chief strategy...Read More
[PRESS RELEASE – Los Angeles, United States, 22nd March 2023] GDC 2023 is finally in full swing, and a mysterious Oscars-style red carpet and stage are piquing the interest of global game developers. Thanks to a gamer grandma and her robotic feline buddy, this year, for the first time, game-makers of all sizes will have...Read More
[PRESS RELEASE – Ho Chi Minh City, Vietnam, 22nd March 2023] Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions. On March 16, Ethereum Layer 2 scaling solution Arbitrum announced plans to distribute a new governance...Read More
Due to a landmark decision by Justice Martin Glenn, the courts have ruled that Celsius customers can receive up to 72.5% of their deposited crypto back, although the refund would not be instant in all cases. Refund for Custody Accounts The deal would only apply to Custody account holders. Nearly 600,000 Earn such investors would...Read More
SpankPay, a cryptocurrency payment service by Ethereum-based adult entertainment platform SpackChain, has closed down after crypto payment provider Wyre terminated the service agreement. The platform also said it has continually faced discrimination from traditional financial institutions. SpankPay Closes Down After Wyre Termination In a tweet thread on Monday, SpankPay shared an email sent by Wyre...Read More
The United States Bankruptcy Court for the Southern District of Texas ordered Core Scientific to transfer approximately $20.8 million worth of mining equipment to the energy infrastructure firm – Priority Power. The entities had a dispute over two mining facilities located in Texas that were supposed to supply Core Scientific with 1,000 megawatts of electricity. ...Read More
