Abdulkarim Abdulwahab
Cardano Founder Charles Hoskinson Trolls Solana’s Hackathon Event
Charles Hoskinson, the founder of the Cardano blockchain, reacted to Solana’s latest hackathon update called Grizzlython by seemingly mocking the concept on Twitter. In the tweet today, the Cardano founder...
Dubai Mandates Licensing for Crypto Firms in New Regulatory Rule
Dubai’s Virtual Assets and Regulatory Authority (VARA) has issued the much anticipated Full Market Regulations for Virtual Assets Services Providers (VASPs). The Dubai digital asset regulator posted about the development...
Crypto Bank SEBA Hires Ex-JPMorgan Banker as Asia Pacific Head
SEBA Bank AG, a crypto-financial technology firm, has appointed an Ex-JPMorgan banker, Amy Yu, as its Asia Pacific chief executive officer. Yu, who previously helped JPMorgan build its prime services...
North Korean Criminals Steal Over $1B Crypto in 2022: UN Report
According to a classified United Nations study, North Koreans stole more crypto assets in 2022 than in any previous year. The report noted that Korean criminals targeted foreign aerospace networks,...
DEXs Only Share 1% of Market Open Interest Orders, Argues Analyst
A DeFi analyst on Twitter argued that the trendy comparison between two of the most significant decentralized crypto exchanges (DEXs), dYdX and GMX, was out of place. The analyst brought...
SHIB Close to Breaking into Top 10 After Outranking DOT, LTC
In an unprecedented move, one of the most popular meme tokens, Shiba Inu (SHIB), has outranked two significant cryptocurrencies to claim the twelfth position among coins with the largest market...
Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs
The world’s most private crypto tracker, Recap, recently published a list of the top 50 major cities with infrastructures to experience mass adoption of cryptocurrencies. Based on eight data points,...
Huobi Exchange Lists FTX Users’ Debt Token ‘FUD’ on Spot Trading
Huobi Global, the leading Chinese crypto exchange, has said it will list FTX’s Users’ Debt (FUD) starting this week for spot trading. The business announced this development via its website...
Defunct Crypto DEX Etherdelta Still Holds $42M in Customer Assets
Conor Grogan, a director at Coinbase, one of the leading crypto exchanges, updated the crypto community about a decentralized exchange (DEX) that phased out of the market with many people’s...
Meme Coin FLOKI Cuts Transaction Tax After Burning 5 Trillion Tokens
Floki (FLOKI), the meme coin fondly described as the people’s crypto, has officially reduced its tax transaction on the ecosystem to 0.3%. The Floki team announced the reduction yesterday via...
Binance Gives WazirX Deadline To Withdraw Users’ Funds from Its Service
The largest crypto marketplace Binance has asked the Indian rival exchange WazirX, run by Zanmai, to withdraw its leftover assets and stop using the Binance wallet service. Binance communicated this...
US-based Mining Firm Produces Bitcoin Worth $16 Million in January
The US-based Bitcoin mining firm Marathon Digital Holdings started the year by producing a record number of Bitcoin (BTC) in January 2023. According to an official statement from the company...
Crypto YouTuber Logan Paul Faces Lawsuit Over Alleged Rug Pull
Famous crypto Youtuber Logan Paul and CryptoZoo have been named as defendants in a newly filed class-action lawsuit, which alleges they stole millions of dollars worth of crypto via a...
Another Solana DeFi Lender Sends Users Packing with Their Funds
In a seven-part tweet yesterday, Everlend Finance, a Solana-based DeFi lending protocol, announced that it was shutting down its app platform, asking users to take their funds elsewhere. Everlend Finance...
Over 410 Trillion SHIB Tokens Worth $5B Have Been Burned So Far
In the past week, over 42 million units of the Shiba Inu (SHIB) meme tokens have been sent to dead wallets, consequently burning the coins, according to the burn tracking...
Ark Invest: Crypto And Smart Contracts Market Could Hit $20 Trillion
According to Ark Invest, a global asset management firm specializing in disruptive innovation, the crypto and smart contacts could respectively command over $20 trillion and $5 trillion in market value...
Celsius to Allow Eligible Users to Withdraw 94% of Custody Asset
The bankrupt crypto lender Celsius has reaffirmed the commencement of customer withdrawals in the coming days. It shared a 1,400court document via Twitter early today, noting that the withdrawal will...
Bitcoin Soars to $37K in Nigeria as Apex Bank Enforces Digital Cash
Recently, the prices of major cryptocurrencies in Nigeria, the most populous African country in the world, have been growing exponentially as its apex bank urges citizens to go digital. According...
dYdX Processes $466B from 33,900 Traders in 2022 with $137M in Fees
Yesterday, DYDX Foundation, an independent not-for-profit layer two protocol, released its 2022 ecosystem annual report, capturing its performance and achievement through the widespread bear market. In 2022, the dYdX protocol...
Cardano Partner Plans 400% to 800% Reserve Ratio for DJED Stablecoin
COTI, the layer-one protocol overseeing the upcoming algorithmic stablecoin of the Cardano blockchain, has shared an update regarding the collateralization ratio of the coin. In a blog post over the...
SHIB and Solana: Most Viewed Coins on CoinMarketCap in Past 24hrs
According to the market tracking platform, CoinMarketCap, crypto enthusiasts have had their eyes in the past 24 hours on the meme token Shiba Inu (SHIB) and Solana (SOL), the coin...
CryptoQuant: Spot Market Led Bitcoin’s Rise, Expect Trend Reversal
According to Wenry, a crypto analyst at CryptoQuant, a data analytic firm, the current bullish price of Bitcoin (BTC) is driven by transaction volumes on the spot market, while futures...
Crypto YouTuber Asks Web3 Community to Accumulate More Ether Tokens
Lark Davis, a popular crypto Youtuber, is asking the crypto community to accumulate more Ethereum (ETH) tokens. Davis shared this sentiment on Twitter early today, noting that Ethereum is deflationary...
Aave V3 Sees $26M Deposits and $6M Loans after Last Friday Launch
According to an official tracking website, the recently launched version three of the decentralized finance lending protocol, Aave V3 (AAVE), has attracted $26.10 million in deposits and $6.66 million in...
White House: No Greenlight for Pension Funds to Enter Crypto Market
On January 27, the US White House issued a statement outlining steps the administration of President Joe Biden may take to reduce the dangers posed by virtual currencies. Much of...
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