Abdulkarim Abdulwahab
USDC Loan Utilization Rate on Aave Protocol Falls to 20% from 80%
According to data from Delphi Digital, an Institutional grade crypto research firm, the crypto loan utilization rates for prominent collateral types like USDC on the crypto lending protocol, Aave, have...
FTX Japan Publishes Fresh Roadmap for Customers’ Asset Redemption
According to an official document, the Japanese subsidiary of the now-bankrupt crypto exchange FTX is developing a roadmap towards returning customer assets from February next year. The roadmap comprises a...
Ark Invest CEO Asks Web3 Leaders to Learn from FTX Crash
As the dust of the crypto market rumble settles, a Web3 leader is calling on the crypto thought leaders to pick lessons and make new projections for the coming year....
Global Crypto Business Funding Falls from $8B in Q1 to $3B in Q3
The international entrepreneurial magazine Fortune recently counted the top crypto projects that received some of the highest funding in 2022. The report first captured how major investors gradually cut their...
Top 5000 Ethereum Whales Hold $46 Million Worth of SHIB on Average
Shiba Inu (SHIB), a meme currency, continues to be one of the preferred investment vehicles of crypto whales, according to data from WhaleStats, the tracker of significant crypto investors. The...
CardanoFounder Corrects Misinformation About Cardano CL and SL
Charles Hoskinson, the founder of the Cardano blockchain, recently expressed shock at a pervasive misinformation thread in the Reddit crypto community forum called Smooth Brain Section about Cardano’s computing layer...
‘Will the SEC Vs. Ripple Case Settle in 2023?’ Asks John Deaton
The crypto community is wondering whether the multi-year legal battle between the Ripple (XRP) blockchain and the Securities and Exchange Commission (SEC) of the United States will settle coming 2023....
Kraken Terminates Business with Payward Asia Due to Crypto Winter
Kraken, the third-rated global crypto exchange, is closing down its business in Japan following the instabilities that rocked the crypto market this year. Kraken announced in a blog post on...
TRX Founder Tells Community To Support Musk as Tesla Falls 11% More
Justin Sun, the Chinese Tron blockchain founder, advises the crypto community to stand in solidarity with Elon Musk as his car company Tesla goes through tough times. Sun highlighted that...
New Address Creation on Bitcoin Network Climbs Down by 8% in 7 Days
The most popular crypto, Bitcoin (BTC), has maintained a passive gesture in the market over the past weeks, failing to attain even a 1% increase. Data from the intelligence platform,...
Web3 CEO Makes Mockery of Solana as It Drops Below Shiba Inu
The CEO of MoralisWeb3 makes a mockery of the Solana (SOL) network as the blockchain project plunges further. The CEO laughed at Solana, saying it has lost its ranking, falling...
Justin Sun Cashes Out $198 Million Via Stablecoin Issuer Circle
Justin Sun, the founder of the Tron blockchain and the Houbi crypto exchange advisor, recently cashed out $198 million in crypto via a stablecoin issuer, Circle. Twitter crypto tracker, Lookonchain,...
Two Top Solana NFT Projects Announce Departure to ETH and Polygon
Since the news of FTX’s impending collapse broke, the Solana (SOL) blockchain has been in trouble. Its predicament is worsening as its supposed last-standing hopes in NFT bow out. In...
XRP Overtakes BUSD by $300M; Becomes 6th Biggest Crypto by Market Cap
In an exciting turn of events, data available on CoinMarketCap shows that XRP has flipped the Binance stablecoin (BUSD) to become the sixth most significant cryptocurrency by market capitalization. The...
Crypto YouTuber Picks ATOM, ALGO, AAVE for 2023 Bull Market
Altcoin Daily, an influencer account on Twitter, asked Guy Turner, the founder of the famous YouTube channel Coin Bureau, what his top five picks would be in a 2023 bear...
Research Shows Scammers Deploy 117,629 Scam Tokens This Year
According to Solidus Labs, the crypto market integrity platform, fraudsters deployed more than 117,629 scam tokens on-chain in the first 11 months of this year. The figure represents a 41%...
Poll: Which Exchange Is Most Secure; Coinbase, Binance, or Kraken?
Despite the ongoing campaign of calumny against the largest crypto exchange, Binance, the crypto community still considers the firm the most reliable among other Web3 businesses. WhaleChart, a crypto influencer...
‘BTC Is The Only Economic Entity Whose Supply is Unaffected By Demand’
Bitcoin (BTC) remains the most talked about and popular digital asset in the Web3 industry, given its price performance over the years. Major BTC investors have aired different opinions about...
400 Days After $69k, BTC Bear Market Is Ending, Says Chart Analyst
A well-known crypto expert has set a date for the conclusion of the Bitcoin (BTC) bear market. Rekt Capital posted on Twitter yesterday that Bitcoin historically finds its absolute bottom...
Crypto Community Wonders Fate of BNB as SEC Declares FTT Security
The crypto community is divided over what may become of other cryptocurrencies after a US regulator labeled an exchange token security. In a recent complaint against Alameda Research CEO Caroline...
Tron Network Launches Chinese Currency-pegged Stablecoin TCNH
The Tron network (TRX) is launching the equivalent of a central bank digital currency (CBDC) on the blockchain with the Chinese currency, TrueCNH (TCNH). Justin Sun, the Huobi Global crypto...
OKEx Exchange Sees Over $2 Billion Crypto Inflow within 2 Hours
When news of a large fund moving in or out of crypto exchanges from an unknown wallet leaks, it is observed that the crypto community often experiences a slight panic....
Nigeria, Turkey, India, Have Largest Adult Population Trading Crypto
According to a recent poll by the business data firm Morning Consult in conjunction with Bloomberg and World Bank, more than half of Nigeria and Turkey’s adult populations trade cryptocurrency...
US SEC Charges Caroline Ellison & FTX CTO for Multiyear Fraud
The US Securities and Exchange Commission (SEC) has officially charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao Wang, FTX’s former Chief Technology Officer, for their roles in...
Data Shows People Remain Enthusiastic About Crypto in Bear Market
Although the global crypto market has experienced some of the worst events this year, data shows people are still enthusiastic about the Web3 industry and are far from losing interest....
