Ritu Lavania
Canada’s Province Pauses Electric Connection for Crypto Mining
Canada’s province, British Columbia has paused new electricity connection requests from crypto miners for 18 months. The move is taken with the aim of supporting British Columbia’s climate action and...
SBF Heads to US; Former Alameda Exec, Founder of FTX Plead Guilty
Sam Bankman-Fried’s aides including Caroline Ellison, who was the chief executive of Alameda Research, and Gary Wang, a founder of FTX, have pleaded guilty to federal criminal fraud charges. Meanwhile,...
Binance and Kazakhstan to Launch Blockchain Education Program
Leading crypto exchange Binance announced its partnership with Kazakhstan State Organizations to launch Blockchain Education Program. The Program aims to provide blockchain education to 40,000 people by the year 2026....
RBI Governor: The Next Financial Crisis Will Be Due to Cryptos
On Wednesday, in a media summit, the Governor of the Reserve Bank of India (RBI), Shaktikanta Das said that the next financial crisis will be due to private cryptocurrencies. Citing...
Cosmos Omni-Chain DEX Sifchain’s RedStarling Validator Shutting Down
The core developer of Cosmos Omni-Chain Decentralized Exchange, Sifchain, said that the RedStarling validator will be shutting down. As per a message on RedStarling’s website, Sifcore employees have been abruptly...
Coinbase CEO Has a Clear Regulation Plan for the Crypto Industry
Early today, Coinbase CEO Brian Armstrong suggested regulation ideas for the crypto industry in his latest blog. He outlined his plans to bring in the regulation of centralized actions and...
Israeli Court Allows Seizure of Crypto From Terrorism-Linked Wallets
According to a local Israeli media outlet, Tel Aviv’s Magistrate Court has allowed Israel’s authorities to seize ‘all the crypto assets’ from over 150 digital wallets that were linked to...
2022 Rug Pull Report: 350 Crypto Scam Tokens Developed per Day
The blockchain risk monitoring firm Solidus Labs has released the 2022 Rug Pull report which reveals that an average of 350 crypto scam tokens were developed per day, to defraud...
FTX Collapse Effect; One Time Crypto Fans Now Leaving the Industry
The FTX collapse had a dire effect on the crypto industry and crypto fans alike, as many one-time fans are now leaving the industry. The year has been the toughest...
JP Morgan Buys a 48.5% Stake in Viva Wallet for Over $800 M
The American multinational investment bank, JP Morgan has reportedly sealed a deal to buy about 48.5% stake in Viva Wallet for more than $800 million. As per reports, the stake...
Cardano Tops the List of the 10 Coins With Daily Github Activity
ProofofGitHub, a GitHub development activity tracker has released the list of the top 10 coins with daily GitHub activity and Cardano in the first position. ProofofGitHub is known to provide...
Binance Dispels FUD With Another Proof-Of-Reserves Report
CryptoQuant revealed that Binance’s BTC liabilities or customer deposits are 97% collateralized by Binance’s assets. This collateralization grows 101% when the BTC loaned out to customers is included. The analytics...
BIS Allows Banks to Hold 2% Of Their Reserves in Cryptocurrencies
The Bank for International Settlements (BIS) has now allowed banks to now hold 2% of their reserves in cryptocurrencies as per its recently released Prudential Treatment of Crypto Asset exposure...
Top Trending Crypto on Binance, BNB Ousts Bitcoin on Second Position
The leading crypto exchange, Binance’s native token, BNB is the top trending cryptocurrency on Binance’s search bar, while the most popular crypto in the market, Bitcoin grabs the second position...
CZ: Binance Has a Solid Revenue and Is a Self-Contained Organization
In a recent interview, Binance CEO Changpeng Zhao (CZ) addressed the liquidity fears of crypto investors as he revealed that the firm has a “very solid revenue” and is a...
El Salvador’s Prez Proofing Against Fiat Money Crash With Bitcoins
Samson Mow, the CEO of Jan3 and architect of the BitcoinBonds believes that El Salvador’s President Nayib Bukele is proofing the country against fiat money crash. He added that El...
Michael Saylor Says POW More Stable, Robust, and Secure Than POS
MicroStrategy Founder and Executive Chairman Michael Saylor yet again advocates his support for Bitcoin as a stable, robust, and increasingly secure and efficient crypto developed on Proof of Work(PoW) and...
Japanese Electric Firm Will Utilize Surplus Power on Crypto Mining
Japan’s utility firm, ‘Tokyo Electric Power Grid’ (TEPCO) is getting along with local mining rig manufacturer TRIPLE-1 to utilize the surplus power for crypto mining. As per the press release,...
Litecoin (LTC) Emerges as One of the Most Popular Crypto for Payments
Litecoin (LTC) is consistently emerging as the most popular crypto for payment purposes and accounts for over 25% of the payment gateway, BitPay’s transactions. LTC gained popularity as a ‘go-to...
Binance Temporarily Halts $USDC Withdrawals; Crypto Winter Worsens?
The leading crypto exchange Binance has temporarily halted withdrawals of $USDC as it is conducting a token swap involving $USDC. Binance, however, has made clear that both $USDT & BUSD...
SBF, Former CEO of Bankrupt FTX, Arrested in The Bahamas
According to the latest reports, the founder of the bankrupt cryptocurrency exchange FTX Sam Bankman-Fried (SBF) was arrested on Monday in The Bahamas. The arrest was made after Sam was...
Three Arrows Capital Founders Refuse to Help With Asset Recovery
Liquidators’ attorney A Goldberg alleged that founders Kyle Davies and Su Zhu are more interested in re-establishing their reputation. Goldberg stated that investigators found that the founders used 3AC’s money...
Web3 Infrastructure Firm Ankr Attacked After Hacker Minted 10T aBNBc
The hacker has apparently minted 10 trillion Ankr Reward Bearing Staked BNB. Data from BSCScan reveal that the Ankr shifted 900 BNB coins to Tornado Cash. Binance CEO CZ said...
Binance To Operate in Japan After Acquiring Crypto Exchange SEBC
Leading crypto exchange, Binance will operate in Japan as a JFSA-regulated entity. Binance secured its first license in East Asia by acquiring SEBC. The acquisition will help in developing a...
South Korea Issue Arrest Warrant Against Terra Co-founder Shin
The South Korean prosecutors believe that the Anchor’s 20% interest is fraudulent. Shin is accused of unfairly earning profits of 140 billion and the amount has been frozen. Shin is...
