Nynu V Jamal
Coinbase Addresses the Exaggerated Surges in AI Cryptocurrencies
In a recent report, Coinbase asserted that the prevailing hype and surge in cryptocurrencies related to Artificial Intelligence (AI) is exaggerated. David Han, a research analyst at Coinbase, pointed out...
Will TRUMP and BODEN Upticks Impact the US Presidential Election?
Amid anticipation of the 2024 US presidential election in which Donald Trump and Joe Biden are key rivals, memecoins representing them are making waves in the crypto market. Over the...
Solana’s DEXs Exhibit High Trading Activities; Surging Over 177%
According to DefiLlama data, Solana’s decentralized finance (DeFi) has been experiencing wider growth over the past week. Notably, the decentralized exchanges (DEXs) on Solana have exhibited remarkable surges in trading...
FTX and Alameda Research To Settle BlockFi’s $874 Million Claim
A recent court filing has announced the “successful resolution” of the digital asset lender BlockFi’s financial claims against the bankrupt FTX. Reportedly, the asset lender has reached an “in principle”...
BRICS Countries Look to Blockchain on Their Road to Dedollarization
Yury Ushakov, an advisor to Russian president Vladimir Putin advisor, recently announced that the BRICS group has been preparing to build a blockchain-based payment system. Ushakov asserted that the group...
Fantom Foundation Seeks Retrieval of Assets Lost in Multichain Exploit
The Fantom Foundation, the organization associated with the Layer 1 blockchain Fantom, recently shared insights on its efforts to recover funds lost in a major exploit of Multiflow last year....
Bitcoin ETFs Trading Volume Reaches $5.5 Billion on March 4: Report
The Spot Bitcoin exchange-traded funds have led the ETF market with staggering inflows and remarkable trading volume. While the last week witnessed record-high inflows in ETFs, March 4 marked the...
Nigeria Accuses Binance of Terrorism Financing and Money Laundering
Binance, the leading crypto exchange embroiled in a legal battle since 2023, has been recently accused of terrorism financing and money laundering by the Nigerian government. Ginger Onwusibe, the Chairman...
Qatari Emir’s Private Jet Spotted in Madeira Amid Bitcoin Conference
American financier Anthony Scaramucci suggested that Qatar, one of the richest countries in the world, may be adopting Bitcoin. In a recent X post, Scaramucci reflected on the words of...
NodeMonkes Surpasses Pudgy Penguins and MAYC in Market Cap
The Bitcoin NFT NodeMonkes has been creating waves in the NFT market with its recent price hikes. In an X post, Wu Blockchain pointed out that NodeMonkes, the 10k NFT...
The UK Introduces New Rules to Restrict Illicit Use of Cryptocurrencies
In a crucial development in crypto regulation, the United Kingdom introduced Statutory Instrument documentation in a bid to freeze crypto assets involved in criminal activities. As per estimations, the amended...
Crypto Lawyer Remains Pessimistic About Ethereum ETF Launch This Year
The potential Ethereum exchange-traded fund (ETF) approval has been the talk of the town over the past few months, especially following the Spot Bitcoin ETF launch. While many remain optimistic...
FTX Warns Against Unauthorized Third Parties’ Intervention in Asset Sale
FTX reiterates Galaxy Asset Management as the exchange’s sole authorized intermediary to sell FTX’s crypto portfolio. The exchange warns against unauthorized third-party attempts to intervene in selling FTX’s digital assets....
State Attorneys General Question the SEC’s ‘Regulatory Power Grab’
Eight state attorneys general in the United States filed an amicus brief, questioning the SEC’s “regulatory power grab.” The lawyers warn that the SEC’s undelegated authority puts consumers at risk....
Blockchain Association Urges Court to Dismiss SEC-Kraken Lawsuit
The Blockchain Association, a non-profit organization functioning as a collective voice in the crypto space, recently filed an amicus brief in support of Kraken in the SEC lawsuit. Addressing the...
ARB Leads in March Token Unlocks with $2.212 Billion Unleashing
March 2024 is set to experience an astounding transformation in the crypto market with a huge amount of token unlocks. According to Token Unlocks data shared on Wu Blockchain’s X...
Hong Kong’s SFC Forces Unlicensed Crypto Exchanges To Shut Down by May
Hong Kong has reportedly announced the closure of receiving license applications from crypto companies on February 29. While Hong Kong received 22 applications from companies like Bybit, OKX, and Huobi...
Binance Nigeria Is Involved in $26B in Illicit Flows, Says CBN
In the latest turn of events amid the increasing regulatory crypto scrutiny in Nigeria, two Binance executives have been arrested in the West African nation. Despite their attempt to flee...
Sam Bankman Fried’s Family and Friends Request for Judge’s Mercy
In a surprising turn of events, more than two dozen letters were filed for the judge’s leniency in FTX founder Sam Bankman-Fried’s pending prison sentence. Reportedly, Bankman-Fried’s family and friends...
Dencun to Triple Ethereum’s Data Availability: Polygon zkEVM Founder
Ethereum’s Dencun upgrade, slated to occur in mid-March, is expected to bring improved data availability for Layer 2 (L2) solutions in a cost-efficient manner. Polygon zkEVM co-founder Jordi Baylina discussed...
Sam Bankman-Fried’s Punishment To Be Limited to 6.5 Years
The ill-famed Sam Bankman-Fried’s lawyers requested the court to limit his imprisonment to a maximum of 6.5 years. In a 98-page memo submitted on Tuesday, the lawyers requested U.S. District...
Justin Sun’s Personal HTX Holdings Exceed Exchange’s Total Bitcoin Reserves
Justin Sun, the founder of the Tron blockchain, has recently unveiled his personal HTX wallet, which holds about 28,614 Bitcoins worth $1.6 billion. While Sun’s surprise revelation created a shockwave...
Hong Kong’s New Crypto Policies Tackle Illicit OTC Crypto Trade
Hong Kong has reportedly initiated the implementation of stringent regulatory norms restricting over-the-counter (OTC) providers in an attempt to reduce illicit crypto trading activities. Chengyi Ong, APAC policy head at...
Do Kwon’s Lawyer Accuses Court of ‘Numerous Unanticipated Mistakes’
Recent reports highlighted Terraform Labs Co-Founder Do Kwon’s potential failure to appear for the initial day of the upcoming civil trial on March 25. Kwon’s lawyer David Patton hinted at...
Uniswap Foundation’s Upgrade Proposal Still Remains Uncertain: Report
The Uniswap Foundation’s proposal to upgrade the Uniswap Protocol Governance has stirred the community concerning the foundation’s focus on converting the UNI token into a utility token. Chinese crypto reporter...
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