CRYPTO MARKET UPDATE

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MetaMask Tax Clause: Clarifying Misconceptions and Understanding

MetaMask, the popular digital wallet for cryptocurrency transactions, has recently been in the spotlight due to a new tax clause added to its Terms of Service (TOS). This clause has…
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President Biden Takes Firm Stance on Cryptocurrency G7

President Biden’s recent address at the G7 summit shed light on his strong stance regarding cryptocurrency and the need to combat tax evasion. In his speech, he emphasized that he…
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Massive Doodle Dump: Farmer Spreads 400 NFTs Across Multiple Wallets

The world of non-fungible tokens (NFTs) has witnessed a surge in activity as seven prominent players in the space successfully sold a staggering 419 Doodles NFTs. The sale took place…
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Evmos Foundation Works to Retrieve Staked Tokens from Departed Co-Founder’s Wallet

Evmos, a leading project in the Web3 ecosystem, recently made a concerning revelation. It came to light that one of the co-founders, who has since departed, is in possession of…
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Ripple SEC Lawsuit Approaches Critical Stage, Judgement Near

In the midst of a protracted legal battle that has spanned over two and a half years, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) find themselves embroiled…
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Tornado Cash Governance Under Attack, Attacker Gains Control

The governance system of Tornado Cash effectively ceased to exist. An unknown attacker orchestrated a cunning plan, granting themselves an overwhelming number of votes and seizing complete control of the…
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EOS Network Foundation CEO Calls for Action to Fulfill $1 Billion Investment Commitment

The CEO of EOS Network Foundation, Yves La Rose, has issued an open letter addressing the issue of Blockone’s failure to fulfill its $1 billion investment commitment to the EOS…
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Alleged Rug Pull on Swaprum DEX Wipes Out $3 Million in Customer Funds

Swaprum, a decentralized exchange (DEX) operating on the Arbitrum Network, has allegedly executed a rug pull on its users, resulting in the disappearance of approximately $3 million worth of customer…
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Bug in Aave V2 on Polygon Network Locks $110 Million in User Assets

Aave V2, a decentralized finance (DeFi) lending protocol operating on the Polygon network, has encountered a significant bug that has rendered approximately $110 million worth of user assets inaccessible. The…
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Binance and Mastercard Jointly Enter Brazilian Market with Prepaid Crypto Card

Binance, one of the world’s leading cryptocurrency exchanges, has successfully obtained approval to operate as a Payment Institution in Brazil. This strategic move allows Binance to tap into the vast…
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Canaan Introduces Avalon A1366I: The Future of Bitcoin Mining

In the world of cryptocurrency mining, efficiency and performance are key factors that determine profitability. Avalon Made, a renowned name in the mining industry, has introduced a groundbreaking product –…
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Maker Protocol Approves Crucial Offboarding of Vault

Maker Protocol and the off boarding process for vault types LINK-A, MATIC-A, YFI-A, and UNIV2USDCETH-A. An Executive Vote has recently taken place, resulting in the approval of this offboarding initiative.…
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Bitcoin Miami 2023: Exploring the Future of Bitcoin

The Bitcoin Miami conference, the world’s largest event dedicated to digital currency, is officially underway. This year’s gathering comes at a critical time as Bitcoin faces challenges in recovering from…
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U.S. Supreme Court Support for Ripple in Legal Battle Against SEC

The U.S. Supreme Court has expressed support for Ripple in its ongoing legal dispute against the Securities and Exchange Commission (SEC). This backing indicates a potential victory for Ripple and…
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Michael Saylor: Bitcoin’s Bull Run and Regulatory Clarity

In a recent interview, Michael Saylor, the chairman of MicroStrategy, shared his optimistic perspective on Bitcoin’s future. Saylor highlighted that Bitcoin has reached its bottom and is now experiencing a…
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The U.S. Justice Department Accuse CoinDeal’s $45 Million Investment Fraud Scheme

In a recent development, the U.S. Justice Department has accused CoinDeal, a prominent Bitcoin and crypto exchange, and its founder, Neil Chandran, of engaging in a sophisticated investment fraud scheme.…
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OKX Announces Listing of ORDI, the First BRC20 Asset

In a recent announcement, leading cryptocurrency exchange OKX revealed the listing of ORDI, the first BRC20 asset on its platform. triggering a significant surge in the price of ORDI by…
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Bitcoin 2023 Conference: Attendance and Sentiments

The Bitcoin 2023 conference held in Miami showcased the unwavering interest in the world of cryptocurrencies, despite the challenging market conditions. While the attendance numbers were lower compared to the…
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