Abdulkarim Abdulwahab
Etherscan Shows an Institution Withdraws $450M USDC From Circle
On-chain data shows that one of the large corporations holding Bitcoins (BTC) has continuously withdrawn USDC stablecoin from its issuer, Circle, and transferred to Binance exchange. According to the whale’s...
MetaMask Caution Users Against Scam KYC-seeking Emails
The world’s leading Web3 wallet, MetaMask, took to Twitter today to caution the crypto community about an ongoing exploit where hackers send unauthorized emails to its users. According to a...
Hoskinson Argues with Twitterati Over KYC-Decentralization Issue
Early today, Charles Hoskinson, the founder of the Cardano network, took part in the controversial discussion regarding adding a know-your-customer (KYC) support for layer one (L1) blockchains. Calvin Brew, a...
Kraken CEO: I Feel Dumb for Paying $30 Million Fine to The SEC
Jesse Powell, the CEO of Kraken crypto exchange, lamented on Twitter in a sarcastic tone that he made a wrong decision to pay a $30 million regulatory fine to the...
Nexo Cuts Off All US Affiliates from Its Earn Interest Product
Nexo, a blockchain-based lending platform, has announced that it will no longer be offering its Earn Interest Product to US clients, which includes US and residents, from April 1, 2023. ...
Crypto Lawyer Thinks Michael Saylor Doesn’t Understand Securities Laws
The argument about what constitutes a security contract remains a hot topic within the crypto industry. Recently, the well-known crypto lawyer, John Deaton, fired back at the chairman of MicroStrategy,...
IMF: El Salvador’s Bitcoin Adoption Risks Are Yet To Materialize
Yesterday, the International Monetary Fund (IMF) stated that the risks related to El Salvador’s adoption of bitcoin are yet to materialize, yet its crypto usage still needs openness and attention....
Analyst: ETH Fundamentals Shows 10x Growth Is Possible
The crypto market has been red in the past 24 hours. A well-known crypto influencer account on Twitter, Altcoin Daily, took the opportunity of the market condition to announce specific...
Hoskinson Sides with SEC: ‘ETH Staking Looks Like Regulated Products’
Charles Hoskinson, the Cardano network founder, reinforces his earlier argument that the new Ethereum staking protocol looks “a lot like regulated products,” taking sides with the US Securities and Exchange...
USDT Issuer Clears Unsecured Debt and Profits by $700M in Q4 2022
Tether Holdings Limited, the issuer of the largest stablecoin, USDT, said it no longer holds any short-term, unsecured debt against its balance sheet after announcing a $700 million profit in...
US Fed is in a Massive Crypto De-bank Operation, Panics Community
The crypto community speculates that the US apex bank and the Office of the Comptroller of Currency (OCC) are trying to clamp down on the crypto industry. A Web3 leader...
Ripple’s XRP Will Hit $23.8 in June, Says Crypto Analyst
A famous crypto analyst with the username Crypto Bull on Twitter asserted that the Ripple blockchain token XRP will cross $23 by June this year based on its historical patterns....
MATIC Grows By 18% as Ethereum Whales Buy Over 2.8M Tokens
Deep pocket investors on the Ethereum network are accumulating Polygon (MATIC), according to data from WhaleStats, a service that tracks the activities of whale investors. WhaleStats alerted the crypto community...
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...
