CRYPTO MARKET UPDATE

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South Korean Cryptocurrency Exchanges Raided Upbit and Bithumb

On May 15, 2023, South Korean prosecutors conducted raids on the offices of two prominent cryptocurrency exchanges in the country, Upbit and Bithumb. These raids were initiated as part of…
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North Korean Hackers Steal $721 Million Worth of Cryptocurrency from Japan

In a recent report by the Japanese newspaper Nikkei, it has been revealed that North Korean hackers have successfully stolen an astonishing $721 million worth of cryptocurrency from Japan since…
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DRC-20 Token Transactions Pushes Dogecoin Chain to All-Time High

The Dogecoin chain has witnessed an unprecedented surge in daily transactions, reaching an all-time high of 650,000. Surprisingly, this surge in activity has momentarily outpaced even the popular cryptocurrencies Bitcoin…
Ethereum Smart Contract Might Be on XRP Ledger Soon

Lido V2 Upgrade: Ethereum Withdrawals Now Live

Lido V2 has recently launched, The most notable addition is the ability for Ethereum stakers to directly unstake their ETH through the Lido protocol. Lido Finance, with its 29% share…
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Tether Reduces Bank Deposits and Adds Gold and Bitcoin

In a significant move to reduce its exposure to potential bank failures, Tether, the popular stablecoin issuer, has taken measures to minimize its bank deposits while expanding its asset reserves.…
Terra

SEC Investigation into TerraUSD: Market Manipulation by Terraform Labs

As per WSJ reported, In May 2022, TerraUSD, a stablecoin designed to maintain a one-to-one peg with the U.S. dollar, faced a significant crisis when it lost its peg. The…
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The US Government’s Crackdown on Crypto Exchanges

In recent years, cryptocurrencies have gained significant popularity, attracting both enthusiastic investors and technological innovators. However, this surge in interest has also caught the attention of regulatory bodies, particularly the…
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China, Has Opened A National Blockchain Research Center

China, has recently opened a special place called the national blockchain research center. It’s located in Beijing, their capital city. The center will work with universities, research institutes, and companies…
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$LAND Token Exploitation Loss of $149,616 $BUSD

Unfortunately, there was an exploitation with $LAND TOKEN , which means someone took advantage of a vulnerability in the system and caused a loss of 149,616 $BUSD. That’s a lot…
Biggest Crypto Gainers Today February 22

Exploring the Exciting World Memecoins $PSYOP

Cryptocurrencies have taken the financial world by storm, and within this vast landscape, memecoins have emerged as a fascinating phenomenon. Today, we delve into the captivating story of a new…
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EIP6969: Revolutionizing Ethereum Gas Fees and Smart Contracts

In the world of blockchain technology, Ethereum stands as a prominent platform facilitating decentralized applications and smart contracts. Recently, a fascinating idea called EIP6969 has emerged, spearheaded by zkCole, the…
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The Ripple $XRP Price: Analyzing Current Trends and Predicting Future Movement

In the ever-evolving world of cryptocurrencies, Ripple (XRP) has gained significant attention as one of the top digital assets. Investors and traders closely monitor the Ripple price, seeking opportunities to…
IBRY

SEC Asks Court to Lower Fine for LBRY: What You Need to Know

The United States Securities and Exchange Commission (SEC) has requested to revise its punishment against LBRY, a decentralized content platform, acknowledging that the firm is unlikely to pay the original…
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ETH Staking Rate Reaches Historical High

In recent news, Token Unlock has reported that the current annualized rate of return for staking Ethereum ($ETH) is at a historical high of 8.6%. This is a result of…
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MicroStrategy, working on a Bitcoin wallet & Lightning for Corporates

MicroStrategy’s co-founder and CEO, Michael Saylor, has taken a significant step towards the adoption of Bitcoin and the Lightning Network by integrating the Lightning Network into his corporate email address.…
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Altseason Explained: How to Identify and Navigate the Altcoin Market

Cryptocurrency investors are always looking for the next big thing in the market, and one of the most anticipated events in the crypto world is the altseason. In this article,…
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OpenAI Founder Sam Altman in Talks to Raise $100 Million for Worldcoin

OpenAI Founder, Sam Altman, is reportedly in talks to raise $100 million in new funding for Worldcoin, a startup that plans to use eye scanning technology to create a global…
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ORC-20 Transactions on Bitcoin Blockchain Hit Record High

After a blog post published by Binance Academy about ORC-20 Token, a new record high was reached in the number of ORC-20 transactions on the Bitcoin blockchain in a single…
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