Sri Lanka refuse Billionaire Tim Draper’s Proposal of Bitcoin Adoption
Tim Draper sought to persuade the government and central bank to accept bitcoin.Sri Lanka’s GDP shrank by 8% in 2022 and its benchmark inflation rate was 54.2% in Jan.While in…
Gate.io Experienced its Second Largest Bitcoin Withdrawal
Bitcoin worth $120,000,000 has been withdrawn from Gate.ioCrypto exchange Gate.ion recorded the second-largest withdrawal in history.While the cryptocurrency community attempts many ways to recover the market, a single entity withdrew…
FTX Seek Return of Political Beneficiaries Donations made by SBF.
Politicians who once benefitted from FTX’s hefty donations are being hard-pressed to return the money.After Sam Bankman-Fried donated tens of millions of dollars to politicians throughout the 2022 midterm election…
Fintech Giant Visa still believes in Crypto Sector inspire of harsh conditions.
Visa CEO Al Kelly stated that the company is still dedicated to cryptocurrency usage.The possibility of a shakeup in the executive team was also alluded to.At the StarkWare Sessions 2023,…
USD stablecoin Sperax hacked $250K Stolen.
Twitter user, Spreek, notified the community that Sperax USD (USDs) appeared to have been exploited, losing $250,000. Per his analysis, the attack drastically inflated the supply of USDs and left…
Russian Bank Developing Ethereum-based DeFi Platform.
The platform is now under closed beta testing as per Konstantin Klimenko.Sberbank stated in September that its platform will support the minting of NFTs.Interfax reported that Moscow-based state-owned financial services…
Bitcoin miners don’t want to sell. Reserve remain flat.
Bitcoin miners appear to have paused their liquidations, according to CryptoQuant data on Feb. 5. Per streams, bitcoin miners’ reserve trend has been flat at around 1.837m BTC from Jan.…
168 shell companies in the United Kingdom suspected of operating Scam crypto or foreign exchange trading schemes
Pig Butchering Crypto Scams Exploit UK’s Companies House. The term pig butchering can be described as an unsuspecting victim or the “pig” being lured by malicious entities into forking over…
Arthur Hayes Throw Shades at 3AC and CoinFLEX Founders Over GTX Funding
By the end of February, the exchange’s founders want to have marketed themselves.Comparisons between GTX and FTX began to circulate around the crypto community.BitMEX founder Arthur Hayes said on Saturday…
Samsung Developing Extended Reality Headset For Metaverse
Qualcomm, a chipmaker, and Google are partners, as per Samsung. Samsung follows a long line of companies that have previously released metaverse devices. The South Korean tech giant Samsung has…