Shibarium Beta Is Going Live This Week
The Shibarium hype caused price spikes in Shiba Inu tokens – SHIB, BONE, and LEASH.False updates related to Shibarium Beta are being posted via Shib-related fake accounts.The public launch date…
Binance NFT Announces Integration With Polygon Network
Users will now be able to buy, deposit, withdraw and list NFTs from the Polygon network on the Binance NFT marketplace. Cryptocurrency exchange Binance’s non-fungible token arm – Binance NFT…
India Implements Anti-money Laundering Regulations on Crypto Industry
Regulation against money laundering applied to crypto trading, and associated financial services. FIU-IND will then receive reports of suspicious activities from Indian crypto exchanges.The latest action by the Indian government…
JPMorgan Ends Relationship With Centralized Crypto Exchange?
Gemini and JPMorgan’s relationship is still intact.Crypto Market is under the weight of regulatory scrutiny.Leading crypto exchange Gemini stated on its official Twitter account that “Gemini’s banking relationship remains intact…
Emergency Action Filed Against BKCoin Over $100M Fraud by SEC
BKCoin collected almost $100 million from at least 55 investors.The defendants utilized over $3.6M in investor money to make Ponzi-like payments.For masterminding a $100M crypto fraud scheme, the U.S. Securities…
Coinbase Introduces ‘Wallet as a Service’ To Boost Web3 Accessibility.
The goal is to remove the technical complexity associated with independent digital wallets.Coinbase wants to make wallet setup as simple as creating a username and password.On Wednesday, Coinbase introduced a…
Facebook Parent Company “Meta” Reportedly Planning to Sack employee This Week – Affecting Thousands
It has been speculated that Meta is doing this “to become a more efficient organization.”In its first-ever mass layoff, Meta fired 11,000 employees, in November of last year.A number of…
CBDC Is an Alternative for Cryptocurrency – RBI
The Executive Director of the RBI let out glimpses of the CBDC plan. 50,000 users and 5,000 merchants at present are for real-world testing. Ajay Kumar Choudhary, Executive Director of…
A Beginner’s Guide: What are Crypto Bubbles?
Are the dramatic rise and consecutive demise of bullish rallies of assets in the stock market or the highly volatile crypto market normal? Do they indicate any specific economic phenomenon?…
Bitcoin Miner Canaan Reports 82.1% Revenue Decline in Q4 2022.
Canaan saw a 368.2% increase in mining income, to the tune of $10.46 million.The firm’s net income shifted to a loss of $63.6 million in Q4 2022.Canaan, a Chinese Bitcoin…