Shiba Inu’s Ecosystem Tokens Gain Attention as Puppynet Testnet Logs 10 Million Transactions
Shibarium, the Layer-2 scaling solution for the Shiba Inu ecosystem, is seeing rising activity on its testnet ahead of a planned mainnet launch later this
Article written by Rachel Aaron
Hotbit Crypto Exchange Suspends Operations After Criminal Investigation
Hotbit crypto exchange that was founded in 2017 has announced that it will be shutting down its primary platform. The exchange cited a series of
Cardano’s Growing DeFi Ecosystem Could Lift ADA to $1
The Cardano network is set to experience significant growth following notable developments within its ecosystem. Several key advancements were highlighted in the latest weekly development
DeFi Protocol Tornado Cash Attacked, $2 Million Worth of TORN Tokens Drained
The price of TORN, the native token of Tornado Cash, has plummeted by more than 50% after an attacker exploited a vulnerability in the Tornado
Swaprum DEX Users Lose $3M in Alleged Rug Pull
An alleged rug pull on the decentralized exchange (DEX) Swaprum has wiped out $3 million worth of customer funds. A rug pull is a type
Gala Games Destroys $600 Million Worth of GALA Tokens
Gala Games, the blockchain gaming company, has burned over $600 million worth of GALA tokens. The burn was carried out as part of the company’s
Crypto Exchanges Seek Restoration of Access to UPI, India’s Most Popular Payment System
The crypto industry asked Indian authorities to restore crypto exchanges’ access to UPI, a popular real-time payment system. The ban on crypto exchanges using UPI
Ripple CEO Slams SEC for ‘Double Standard’ on Crypto Regulation
Ripple CEO Brad Garlinghouse accused the US Securities and Exchange Commission (SEC) of “hypocrisy” on Twitter after the agency lost a key court battle against
More than 1 Million Bitcoin Wallets Now Hold Over 1 BTC
The number of Bitcoin wallet addresses holding at least one whole Bitcoin (BTC) has exceeded one million. This significant milestone was recorded on May 13,
Samsung to Research South Korea’s CBDC for Offline Payments
South Korea’s central bank, the Bank of Korea (BOK), has signed a memorandum of understanding (MoU) with Samsung Electronics to research the use of central
DOGE Whale Transfers Nearly $1 Million Worth of Tokens After Elon Musk Hired a New Twitter CEO
A Dogecoin Whale has sparked speculation after moving a significant amount of tokens shortly after Elon Musk announced his decision to bring in a new
Binance.US reportedly seeks to reduce CZ’s influence to address regulatory concerns
The founder and main shareholder of Binance.US, Changpeng Zhao, is reportedly exploring options to decrease his stake in the company, according to a report by
Silvergate Bank prepares for staff reduction as it commences NYSE delisting process
Silvergate Bank’s parent company, Silvergate Capital, is set to be delisted from the New York Stock Exchange, and 230 of its staff will be let
US judge approves $7 million loan for Bittrex to begin bankruptcy case
Bittrex, the cryptocurrency exchange, has been granted approval by a bankruptcy judge in the United States for a $7 million loan from its parent company,
Democrats align with SEC Chair Gensler to take on crypto industry
The US Democrats continue to push their agenda against the crypto industry, according to a leaked memo distributed to the Democratic committee members ahead of
Chinese province announces plan for widespread adoption of digital yuan
China continues to forge ahead with its digital yuan adoption plans, with the latest move seeing the CBDC being integrated into the education and public