April 8, 2023

How a Canadian Couple Lost Nearly $300,000 in a Crypto Scam

A couple from Toronto became the latest to fall victim of a cryptocurrency scammer. They lost around $300,000 in an elaborate scheme.  However, in this case, law enforcement agents managed to recover a “significant portion” of the lost funds and returned them to the victims. Another Crypto Scam in Canada The Toronto Police Service announced earlier this...
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Luxury Goods Account for 20% of Items Sold in 2022 by Crypto-Enabled Merchants

2022 was the year of hype around Web3, but 2023 is shaping up to be the year when the plans are being implemented. Luxury brands are now focusing on more concrete utilization closely connected with the physical product in contrast to digital-only assets existing solely for the metaverse. Everything then boils down to the usage...
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Paxful Co-Founder Will Repay Users With His Own Money: Doesn’t Wanna Go to Jail

If you have been in the crypto sphere for some time, there are two things you should already know: you should never want to invest more money than you can afford to lose, and you will never want to read the words “Please bear with me; I don’t wanna go to jail,” from the CEO...
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Top Crypto Gainers April 2023: Chainlink (CHAIN), Solana (SOL), and Collateral Network (COLT)

The crypto world has witnessed the fall of yet another big banking institution. However, unlike the first one, the market is faring better, with coins like Chainlink (CHAIN), Solana (SOL), and Collateral Network (COLT) getting bullish gains. Why have investors taken a liking to these coins, especially Collateral Network (COLT), the new coin on the...
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XRP Price At Crucial Level: Surge To $0.65 or Drop to $0.42 Level, What Next?

XRP, the cryptocurrency affiliated with blockchain-based payments firm Ripple, has managed to stay above the $0.50 price level for a record-breaking 11 days. The digital asset has exhibited a pattern of bouncing back above the $0.50 level after encountering periodic resistance from bearish traders.  The asset is currently trading at $0.51 as of April 8th....
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$15 Billion Airdrop? That’s What Thailand’s Opposition Party is Promising

Thailand’s main opposition party is promising an airdrop of about 500 billion baht (around $15 billion) in cash within months of its coming to power. The party official said that the move is expected to help recover the country’s struggling economy and provide relief to those battling “neck-deep debt.” According to a Bloomberg report, a...
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Bitcoin Shakes up the Money Supply in Central America and Africa (Op-Ed)

The efforts to expand Bitcoin development and adoption in Africa and Central America continue. So the market is looking pretty comfortable with BTC after the failures of Silicon Valley Bank and others with crypto exposure. After shocking customers, markets, and regulators earlier last month, their effect on BTC’s market value seems priced into the momentum....
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GameFi Project Metalevel Launches MLVL Token Sale

[PRESS RELEASE – Ottawa, Canada, April 7th, 2023] GameFi project Metalevel has commenced the presale for its native token. Holders of the MLVL token will be able to utilize it in a variety of ways throughout the Metalevel ecosystem. Metalevel is an online hangout for the Web3 community to meet, play, and discover the best...
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Astar Network’s ASTR Token Registered on JVCEA’s ‘Green List’ After Listing on Huobi Japan

[PRESS RELEASE – Tokyo, Japan, April 7th, 2023] The Japan Virtual and Crypto Assets Exchange Association (JVCEA)’s Green List dramatically speeds up the token listing on member exchanges, accelerating adoption Astar Network, a smart contracts platform for multichain, officially announces the listing of its native ASTR token on Huobi Japan, which has now become the...
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1.4B DOGE Dumped by 2 Whales After Elon Musk Changed the Twitter Logo to Dogecoin: Data

The speculations about whether Elon Musk purposefully inflated Dogecoin’s price by changing Twitter’s logo so that he can dispose of his holdings continue on social media. According to data from Lookonchain, two of the five largest DOGE whales sold over $120 million worth of the memecoin amid its massive price rally this week. Twitter’s new...
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Reckless – Chapter 21: Proof Of Stake Economy

Chapter 21 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which...
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Bitcoin (BTC) $ 98,367.36 0.50%
Ethereum (ETH) $ 3,429.48 2.62%
Tether (USDT) $ 1.00 0.01%
Solana (SOL) $ 258.32 0.55%
BNB (BNB) $ 659.36 2.54%
XRP (XRP) $ 1.48 5.89%
Dogecoin (DOGE) $ 0.44389 3.49%
USDC (USDC) $ 1.00 0.05%
Cardano (ADA) $ 1.08 1.11%
Lido Staked Ether (STETH) $ 3,428.64 2.63%