Abdulkarim Abdulwahab
Animoca Plans to Raise $1B in New Metaverse Investment Fund
Animoca plans to raise $1 billion for its new Web3 and metaverse investment fund. Some firms in Animoca's portfolio suffered from the FTX collapse. Regardless…
Solana 24-hr Volume Rises 186% After Traders Exchange $1.5B SOL
Solana experienced a sudden 35% growth, while Bitcoin didn't make 1%. Crypto traders bought and sold over $1.5 billion of Solana coins. Previously, the crypto…
SAND, AXS, MANA: Top Metaverse Coins with Largest 24-Hour Volume
Sandbox’s trading volume increased by 44.5% in 24 hours. MANA’s volume exceeded $50 million after seeing an over 64% increase. AXS is the second-largest Metaverse…
Ben Armstrong: SEC Chair Will Be Forced to Resign After Ripple Wins
Crypto influencer believes Ripple won the favorable judgment in its legal case. Previously, XRP filed a 65-page document, marking the final submission in the lawsuit.…
Face-off Between Ripple CTO and Acclaimed Bitcoin Maker Explained
Ripple’s CTO and a self-acclaimed creator of BTC argued, calling names. The feud started last year when Wright said institutional investors wouldn't adopt. These two…
Furious COMP Finance Investors Files Lawsuit Against the Protocol
A group of investors sued Compound Finance, given its coin’s terrible performance. The lawsuit wants COMP’s offering to be revoked, as its unregistered. COMP has…
Hong Kong Lays Groundwork To Trade Virtual Asset for Clients
Industry participants in Hong Kong are preparing to allow customers to trade crypto. A digital asset leader said brokers must prove client asset custody and…
Bitcoin ATM Count Grows by 543% From 2020 Amid Bear Market
Over 4,200 BTC ATMs were installed around the globe in 2022. The United States led other countries by a landslide margin with 33,947 total ATMs.…
US Department of Justice Is Now Looking At SBF Crypto Transactions
US authority has launched an investigation into the crypto dealings of FTX's SBF. Previously, analysts monitored the movement of funds tied to FTX and Alameda.…
USDC Loan Utilization Rate on Aave Protocol Falls to 20% from 80%
Data shows USDC loan utilization rates on Aave reduced significantly this year. Delphi Digital hints that USDC utilization rates fell from 80% to nearly below…
