Justin Sun Addresses Huobi Exchange’s Bankruptcy Rumors.
There have been rumors that the cryptocurrency exchange is having financial difficulties.The top management of the exchange was allegedly detained in China on August 4.Fears of bankruptcy and reports that…
Elon Musk’s Favorite Coin Will be on X.
Elon Musk confirmed that X will not be issuing its own token, but chances are that cryptocurrencies will be involved in the platform one way or another. Responding to a…
Chainlink (LINK) Is on Investor’s Watchlist, Here’s Why ?
Chainlink’s development activity witnesses a substantial surge. LINK’s trading volume is up 2% amid bearish momentum.Chainlink, the leading Web3 services platform, is undergoing significant network enhancements. Notably, its GitHub development…
New York Court Dismisses Class Action Lawsuit Against Bitfinex and Tether.
The Southern District of New York (SDNY) court has dismissed a lawsuit aimed at stablecoin issuer Tether and its affiliated company Bitfinex. The lawsuit, filed by Matthew Anderson and Shawn…
Shiba Inu Lead Dev Kusama Clamps Down on Scammers’ Attempts.
Shiba Inu’s lead developer, Shytoshi Kusama, finds himself at the forefront of a relentless battle against misinformation and scams targeting the meme coin’s investors. The recent incident involved debunking a…
Bitcoin Price Consolidates; Trading Volume Down 30%
Crypto whales are being driven away as evidenced by the 30% volume drop.The price of Bitcoin is $29,054 at the time of writing as per data from CMC.Investors in Bitcoin…
Global X Submits Paperwork for Spot Bitcoin ETF
Global X’s spot-bitcoin filings represent the ninth current spot-bitcoin application.The firm has also applied for approval to establish a bitcoin-futures ETF.On Friday, Global X joined other industry participants in submitting…
Oman Progresses on Virtual Asset Regulatory Framework
The Capital Market Authority of Oman released a consultation document on July 27.The deadline for comments on the consultation document has been set to August 17.With its financial markets regulator…
Stablecoin Issuer Tether Introduces Software for Bitcoin Mining Gears.
Improved efficiency in managing mining capacity is the major goal of the new software. The tool facilitates coordination between various parts of the BTC mining ecosystem.To enable the transmission of…
