Category: News
$6.5 Million Rugpull: ETH L2 Lending Project Magnate Finance Folds-Up
Magnate Finance, an Ethereum Layer-2 (L2) lending firm, has mysteriously disappeared, leaving a trail of losses totaling $6.5 million. The Base platform-based project engaged in…
USPTO Turndown Dogecoin’s Bid For A Trademark Cites Decentralized Nature
The United States Patent and Trademark Office (USPTO) recently denied a trademark application pertaining to Dogecoin, a development that has sent shockwaves across the cryptocurrency…
Binance Blocks Sanctioned Russian Banks From P2P Platform
Binance has restricted sanctioned Russian banks from accessing its peer-to-peer trading platform. The banks numbering five, have been delisted in a bid to comply with…
Bitcoin Crashes Back Under $26,000 Following Fed Chair’s Speech
After a brief relief rally, Bitcoin has crashed under $26,000 again. The top cryptocurrency experienced the crash following Federal Reserve chair Jerome Powell’s speech at…
Again, Bankman-Fried Denies New Indictment, Expresses Dissatisfaction Over Prison Food
In a recent report, the former CEO of the collapsed FTX exchange, Sam Bankman-Fried, has pleaded not guilty to a fresh indictment presented against him…
Dubai’s VARA License Now Empowers Companies to Offer Staking Services
The Emirate of Dubai has revised the conditions of its virtual assets services provider (VASP) license to cover offering of staking services. The new rules…
Binance Defies Sanctions, Maintaining Ties With Russian Banks: WSJ
In a recent Wall Street Journal (WSJ) report, Binance exchange has been accused of keeping contact with some banks in Russia, allowing Russian customers to…
Yuga Labs Set to End Support for OpenSea’s Seaport Protocol Next Year
Creators of popular non-fungible token (NFT) collection, Bored Ape Yacht, has announced it will be ending support for OpenSea’s Seaport Protocol in 2024. This is…
BTC Ordinal Inscriptions Exceed 25 Million Amid Declining Transaction Volume
As the number of Ordinals inscriptions surpassed the 25 million mark, the Bitcoin network reached a significant milestone, demonstrating it’s expanding acceptance across the Bitcoin…
Ethereum Founder Moves 600 ETH To Coinbase, Triggers Selling Rave
Ethereum co-founder Vitalik Buterin recently transferred 600 ETH to Coinbase, which has attracted the attention of the cryptocurrency community. This is the latest in a…
