Abdulkarim Abdulwahab
ETH Withdrawals Surge Past 1M Tokens Valued at $2.1B After Shanghai
According to data from a tracking platform, the total number of Ethereum (ETH) withdrawn after the Shanghai upgrade has exceeded one million tokens, with a market value above $2.1 billion....
SEC Commissioner Criticizes Agency’s Approach to Crypto Regulation
In an exciting turn of events, Hester Peirce, the Commissioner of the US Securities and Exchange Commission (SEC), has criticized the agency’s regulatory approach towards new technologies and business models,...
Now Is a Buying Opportunity for CryptoPunks Amid ETH Pressure: Analyst
In a recent tweet, Raoul Pal, the CEO of Global Macroinvestor.com, highlighted that the prices of CryptoPunks, a popular NFT project, have been under pressure in Ethereum (ETH) terms due...
G20 Nations Unanimous on Urgency to Regulate Crypto: Indian Minister
The Indian Union Finance Minister Nirmala Sitharaman has called for immediate attention to issues related to crypto assets, stating that a globally coordinated policy response is necessary to regulate the...
Investigation Reveals Terra LUNA Sent $7M to Law Firm Before Collapse
A new discovery has been unearthed following investigations into the events before the blockchain projects of Terraforms Labs (TFL) imploded last year. According to a local report, prosecutors tracking the...
Crypto Market Sees $55B Inflow; Altcoin Season Is Here, Says Analyst
This week the price of Ethereum (ETH) crossed $2k for the first time in nearly one year. Expert crypto traders believe the altcoin season has begun, so investors have plenty...
Nigerian Crypto Firm Lazerpay Closes Due to Lack of Fund
Lazerpay, one of Africa’s fastest-growing crypto-based fintech solutions, is shutting down its business operation. In a letter to stakeholders on Thursday, the CEO, Njoku Emmanuel, said Lazerpay ceased operation after...
Yearn Finance Urges Caution as Legacy Contract Bug Drains Multiple Pools
The decentralized finance (DeFi) platform, Yearn Finance, has announced that it is investigating an issue with an outdated contract called iEarn, which predated more recent versions such as Vaults v1...
ICC, WTO, Citi Group and Trade Finance Global Recognize XinFin XDC Network’s Potential in Trade Finance
Sunil Senapati, the COO at XinFin XDC Network, predicts a significant rise in blockchain adoption in trade finance due to the legal acceptance of digital trade documents, such as the...
Celsius Delays Disclosure Statement Citing Ongoing Talk with Bidders
According to a court document dated April 12, the bankrupt crypto lender Celsius has extended the deadline for its disclosure statement by two weeks due to the ongoing discussions with...
Hong Kong Banks Support Crypto, More Funds to Move into Stablecoin: CZ
A recent tweet by the CEO of Binance, Changpeng Zhao (CZ), suggests that Hong Kong (HK) banks are beginning to support cryptocurrencies. Zhao stressed the significance of the HK banks’...
“Crypto Is Racist,” Hoskinson Sarcastically Quips at SEC’s New Claim
“Crypto is racist,” quips Charles Hoskinson, the founder of proof-of-stake (PoS) blockchain, Cardano (ADA), in response to a comment from an advisory committee of the US Securities and Exchange Commission...
Binance CEO: Crypto Adoption Is Actually Below 0.45% Net-Worth Wise
While the number of crypto investors has increased in recent years, the overwhelming majority of people worldwide are yet to embrace the Web3 revolution. According to a recent report, just...
Half the Bitcoin in Circulation Hasn’t Moved in 2 Years: Glassnode
According to recent data from Glassnode, a well-known market intelligence firm, the percentage of unmoved Bitcoins (BTC) reached an all-time high of 53% in the last two years. This figure...
‘Blockchain Tech Should Be Inclusive of All Cryptos,’ Says Ripple CTO
Ripple’s Chief Technology Officer (CTO) David Schwartz, recently shared his thoughts about a question he was often asked regarding whether new blockchain technology should be designed to work solely with...
APE Token Staking in NFT Pools Puts Investors at Risk, Says PeckShield
PeckShield, a blockchain security company, has issued a warning to users staking APE tokens in NFT pools after an exploiter bought a Bored Ape Yacht Club (BAYC) NFT and received...
SushiSwap Loses Over $3.3M in Ethereum Due to Approval System Bug
PeckShield, a blockchain security and data analytics company, has revealed that a bug in the approval system of SushiSwap’s RouterProcessor2 contract has led to the loss of more than 1,800...
Mixed Reviews on Coinbase Stock as Investors Take Differing Positions
According to the latest filing with the Securities and Exchange Commission (SEC), Private Advisor Group LLC has reduced its holdings in the US-based crypto exchange Coinbase Global by 19.8%. This...
Sentiment Protocol to Reimburse Users 100% of Funds Lost to Exploit
In an exciting turn of events, the Sentiment liquidity protocol has announced today on Twitter that users affected by a recent exploit in the protocol will be reimbursed 100% of...
On-chain Gaming Accounts for 45.6% of dApp Activities in Q1 2023
According to a recent report from DappRadar, a leading tracker of decentralized applications (dApps), on-chain gaming activities have declined by 3.33% in March to 741,567 daily Unique Active Wallets (dUAW). ...
Terra LUNA Executives Are Under Investigation for Embezzling ₩414B
According to a local report on Friday, the South Korean crypto company Terra is under investigation by prosecutors over allegations of fraud and embezzlement in billions of Korean WON (KRW)....
CoinGecko’s Survey Unveils at Least a Fourth of Crypto Holders own 51 NFTs
A recent survey by the popular crypto market tracker, CoinGecko, in conjunction with Blockchain Research Lab, revealed that non-fungible tokens (NFTs) continue to gain popularity in the crypto community despite...
Advocacy Group Campaigns for FTX Creditors to Speak Up, Recover Funds
The advocacy group Digital Currency Traders Alliance (DCTA) is launching a new campaign for FTX creditors to help them participate in the ongoing bankruptcy process, which is believed to have...
Crypto Market Grows 50% YTD Despite Q1 Crisis: CMC Report
CoinMarketCap took to Twitter to observe that the global crypto market has seen significant growth in the first quarter of 2023, with a current market cap of $1.185 trillion, a...
