Author: Ujunwa Juliet Ihiasota

Article written by Ujunwa Juliet Ihiasota

Bitcoin Breaks $30,000 After Rollercoaster Ride

October 20, 2023 1 min read

Bitcoin surged past the $30,000 mark on CoinMarketCap. This comes after the surge that was triggered by some misleading news reports that claimed the U.S. Securities and Exchange Commission (SEC) had given the green light to BlackRock’s iShares Bitcoin exchange-traded fund (ETF) application. BlackRock promptly set the record straight, stating that their ETF application was still under review. That’s when reality hit, and Bitcoin’s price took a tumble, dropping below

Binance Announces the Support of the Klaytn (KLAY) Network Upgrade & Hard Fork

October 13, 2023 1 min read

Binance has announced its support for the upcoming Klaytn (KLAY) network upgrade and hard fork. The upgrade is scheduled to take place at block height 135,456,000, which is expected to happen at around 01:00 (UTC) on October 16, 2023. As part of the upgrade process, Binance said that deposits and withdrawals of tokens on the Klaytn network will be temporarily suspended, starting at around 00:00 (UTC) on October 16, 2023.

FTX Takes Action Against Executive Who Exposed Alameda’s Hidden Backdoor

October 6, 2023 1 min read

Former Chief Risk Officer Julie Schoening, previously employed at LedgerX, an FTX-owned entity, faced termination shortly after raising concerns about the preferential treatment given to FTX’s affiliated trading firm, Alameda Research. This revelation has emerged from sources cited by the Wall Street Journal. In May 2022, Schoening’s team unearthed code that indicated Alameda was enjoying distinct advantages, including the ability to maintain a negative balance of up to $65 billion.

Solana Foundation Reports 30% of Staked Tokens Flowing Through Jito Labs Client

October 4, 2023 1 min read

The Solana Foundation has highlighted significant progress in its network’s decentralization efforts. In their latest validator health report, they noted that over 31% of the total stake is now running through the Jito Labs client, a substantial increase since March 2023. This development signifies that the Solana network has successfully transitioned into a “multi-client network,” demonstrating its resilience and maturity. The foundation also proudly announced that the Solana network has

Shiba Inu Burned Over 2.3B SHIB Tokens In September

October 2, 2023 1 min read

Shibburn data revealed a significant reduction in the circulation of Shiba Inu tokens during September. Over 2.3 billion SHIB tokens, equivalent to $17,173, were permanently removed from circulation last month. While this figure is lower than in August, when 5.7 billion SHIB tokens (worth $45,899) were burned, it still signifies a notable reduction. Over the past 24 hours, SHIB has experienced a 3% price increase, accompanied by a surge in

Solana (SOL) Breaks Out

October 1, 2023 1 min read

Solana (SOL) is grabbing attention as it broke out of its latest price. In the latest price analysis, one SOL token is currently trading at around $22.80. This development is capturing the interest of traders and investors, especially those closely monitoring the SOL/ETH trading pair. The significance of this potential breakout cannot be overstated. It holds two-fold importance for the cryptocurrency community. Firstly, it signals an uptick in Solana’s volatility,

Binance Returns to Belgium and Enters Japan Market with Stablecoin Strategy

September 26, 2023 1 min read

Binance Belgium is reopening registrations for residents of Belgium, allowing them to access the platform once again. The exchange made this announcement on social media, expressing gratitude for the patience and loyalty shown by Belgian users during recent changes and challenges. In addition to reopening registrations, Binance is restoring access to various products and services for Belgian users who have accepted the updated Terms of Use. The exchange values the

Is the iPhone 15 Pro Worth the Investment? Here’s Why.

September 26, 2023 3 mins read

When it comes to choosing between the iPhone 15 and the iPhone 15 Pro, there are more differences than just cosmetics. Apple’s latest Pro model introduces the all-new Action switch, while the regular iPhone sticks with the classic mute toggle on the side. While the mute toggle remains convenient, the Action switch opens up a world of customization possibilities for iPhone 15 Pro and Pro Max users. Cutting-Edge Performance One

Binance Charity and CZ Respond to Criticism Over $3 Million Crypto Donation for Morocco Earthquake Relief

September 19, 2023 3 mins read

The controversial donation of $3 million in Binance Coin (BNB) by Binance Charity to victims of the recent earthquake in Morocco has sparked a debate about the role of cryptocurrencies in humanitarian aid. As reported by the Financial Times, some critics have labeled it a PR stunt, arguing that victims of such disasters need immediate essentials like food and water, not crypto. However, CZ Binance, CEO of Binance, has taken

BTC Dominance Surge: Bitcoin Rally Anticipated

September 13, 2023 1 min read

Bitcoin (BTC) has returned to its familiar sideways trading pattern after briefly dipping into the lower $25,000 range. However, chart patterns are now hinting at the possibility of the flagship cryptocurrency breaking out of its dominance downtrend, potentially setting the stage for a rally in the decentralized finance (DeFi) sector. Bitcoin dominance plays a pivotal role in the cryptocurrency market’s dynamics. Recently, Bitcoin dominance broke its local downtrend while maintaining

Crypto Investor Falls Victim to $24 Million Phishing Scam

September 7, 2023 1 min read

An individual appears to have suffered a substantial loss of $24 million in cryptocurrencies, and evidence suggests that a phishing attack was the likely cause of this devastating financial blow. The stolen assets, in this case, consist of liquid staking derivatives, specifically 4,851 Rocket Pool ETH (rETH) valued at around $8.5 million, and 9,579 Lido Staked ETH, worth around $15.6 million. This incident now stands as one of the largest

Grayscale’s Legal Win Sparks Bitcoin Surge and ETF Hopes

August 30, 2023 1 min read

Cryptocurrency asset manager Grayscale has achieved a significant legal victory against the U.S. Securities and Exchange Commission (SEC), impacting both Bitcoin (BTC) and the broader market. The recent ruling by the U.S. District of Columbia Court of Appeals in favor of Grayscale has the potential to propel the company closer to securing Bitcoin Spot exchange-traded fund (ETF) status. Grayscale’s legal win against the SEC’s lawsuit is a pivotal moment in