JPMorgan Owes $3 BillionTo US Government After Banking Crisis Wipe Out Emergency Fund.
America’s biggest banks are preparing to pay billions of dollars to the Federal Deposit Insurance Corporation to replenish an insurance fund that’s propping up the system. JPMorgan, Wells Fargo, Bank…
South Korean Authorities Arrest Crypto Exchange Chief on Suspected Multi-Million Dollar Fraud Charges.
The exec is being accused of misappropriating $7.5 million from exchange users.Jinwook Shin, CEO of cryptocurrency exchange Bitsonic, has been apprehended by South Korean law enforcement on August 7th. He…
U.S SEC Fights Back; Files Interlocutory Appeal in Ripple Lawsuit
SEC seeks an interlocutory appeal in the legal case with Ripple. XRP has seen a 2% fall in the last 24H as per CoinMarketCap. After the partial win against the…
Bitcoin Fumbles Briefly Post U.S CPI Inflation at 3.2% for July
Bitcoin is down 1% in the last day and is now trading at $29,390.CPI inflation was forecasted to be 3.4% by JP Morgan.Inflation as measured by the annual Consumer Price…
Check Out How Much of ETH’s Total Supply is Held in the Top 10 Addresses.
These addresses accumulated approximately $5.2 billion worth of ETH in the last five years.The crypto analytics platform – Santiment – revealed that the ten largest Ethereum wallets hold almost 35%…
Bitcoin Mining Firm Riot Platform Posts Second Quarter Net Loss of $27.7 Million
Mining contributed $64.7 million to the company’s top line during the period.The company earned an extra $13.5 million from its power curtailment credits.Riot Platforms, a Bitcoin mining company headquartered out…
Crypto.com Integrates ZKSYNC to Boost User Experience.
Crypto.com enhances ZKSYNC for faster Ethereum transactions.Cronos (CRO) sees 0.62% drop, trading at $0.05755.Singapore-based company Crypto.com has announced a significant upgrade to its cryptocurrency exchange platform. Users can now transact…
Microsoft Partners With Aptos Labs To Boost Blockchain and Web3 Integration.
The price of the Aptos blockchain token APT increased by 18% post-announcement. Aptos Labs will provide Microsoft with verified blockchain data for AI model training. To deepen its artificial intelligence…
DEX MuesliSwap To Reimburse Users for Slippage Issues.
MuesliSwap customers had been paying a high slippage rate for at least a year. Urgent measures had been made to address the order slippage problem at MuesliSwap. The team of…
CBDCs Are Threat to Liberty Says U.S. Presidential Candidate.
The presidential candidate also highlighted that China is adopting CBDCs. Congressman Warren Davidson also recently called for a ban on CBDCs. The crypto market has experienced massive growth and significant…