Author: Nola Robert

Article written by Nola Robert

Bitfinex Begins Operating In El Salvador

February 1, 2024 1 min read

El Salvador witnessed the launch of Bitfinex Securities El Salvador S.A., marking a significant step toward cementing its position as a crypto-friendly hub and becoming the first platform in the country to introduce tokenized securities. Bitfinex Securities made the official announcement on January 31, 2024, and is now accepting customer applications. This development comes two and a half years after El Salvador accepted Bitcoin as legal currency. Bitfinex Securities became

Jupiter Launches JUP Token with $700M Valuation, Announces Airdrop for 955,000 Wallets

January 31, 2024 1 min read

Jupiter, a Solana-based platform, plans to launch its latest token, JUP, via an airdrop on Wednesday. The initial total supply is set at 1.35 billion tokens, down from the planned 1.7 billion. As the JUP token prepares for its debut, its initial market value is expected to be around $700 million, with a current price of 65 cents per JUP on the Aevo exchange. The 1.35 billion JUP tokens will

Jupiter DEX on Solana hits $480 million in trades, beating Uniswap

January 29, 2024 1 min read

Jupiter, a decentralized exchange (DEX) operating on the Solana blockchain, has made waves by achieving an impressive $480 million in trading volume within 24 hours. Notably, the surge in activity propelled Jupiter ahead of Ethereum’s Uniswap, surpassing its trading volume by $10 million, according to data reports. A significant catalyst for this surge was the introduction of “Wen,” a new memecoin distributed via an airdrop on the Jupiter platform. The

Solana Foundation Launches Token Extensions to Boost Advanced Functionality

January 25, 2024 1 min read

The Solana Foundation, a non-profit organization dedicated to decentralization on the Solana network, has launched token extensions. This innovative offering aims to provide developers, enterprises, financial institutions, and Solana-native development teams with a comprehensive set of turnkey solutions for advanced token capabilities. On January 24, Solana announced the launch of token extensions, which marked a significant milestone in the company’s commitment to promoting decentralization, adoption, and security. Anatoly Yakovenko, co-founder

Over 700 Million LUNC And 230,000 USTC Burned By Terra Classic Community

January 22, 2024 1 min read

The Terra Classic Community found a reason to celebrate recent revelations about significant token burns, providing a ray of hope amidst adversity. According to reports, significant burns of LUNC and USTC tokens have occurred in the last week, which could have a positive impact on the prices of these cryptocurrency tokens. In a recent X (formerly Twitter) post, AlexCryptoBull, an active member of the Terra community, highlighted the burning of

Thailand’s SEC says no to Bitcoin ETF trading while allowing digital investments through local exchanges

January 18, 2024 1 min read

Thailand‘s Securities and Exchange Commission (SEC) has declined to approve the trading of spot Bitcoin ETFs, indicating a cautious approach to these investment products. The decision comes after the recent approval of Bitcoin ETFs in the United States, including industry leader BlackRock. On January 17, local media reported that the Thai SEC is currently unprepared to support spot Bitcoin ETFs in the country. Despite the US approving 11 companies to

Hackers Tries To Steal Over $15 Billion in XRP From Bitfinex Fails

January 16, 2024 1 min read

Bitfinex CEO Paolo Ardoino revealed details about a foiled hacking attempt that targeted nearly $15 billion in XRP, accounting for nearly half of the total value of XRP. According to Ardoino, hackers attempted to use an XRP Ledger network feature to move a large amount of XRP. However, the attempt failed, with the actual transaction amounting to only a few cents in XRP. The hacker’s inability to carry out the

Do Kwon seeks to delay his US trial as extradition from Montenegro faces delays

January 15, 2024 1 min read

In a recent legal development, Do Kwon, the former CEO of Terra, has requested that his trial in the United States be postponed. The trial, which is centered on charges brought by the US Securities and Exchange Commission (SEC), could be delayed due to Kwon’s extradition from Montenegro. Kwon’s legal team informed Judge Jed S. Rakoff in a letter that the extradition process from Montenegro is moving more slowly than

Polkadot (DOT) Witnesses a 15% Surge, Bulls Eyeing $10 Milestone

January 11, 2024 1 min read

Polkadot (DOT) is seeing a significant increase, rising nearly 15%. The bullish sentiment is gaining traction, with analysts predicting a surge toward the $10 mark. DOT is showing strong bullish signals, with support near the $6.65 level against the US dollar. The price is currently trading comfortably above the $8.00 zone and the 100 simple moving average (4 hours), indicating a positive trend. On the 4-hour chart of the DOT/USD

A mystery person spends $64,000 to Add unknown data to Bitcoin blockchain

January 8, 2024 1 min read

An anonymous individual paid a whopping $64,000 to embed 9 megabytes of mysterious data into the Bitcoin blockchain, causing the crypto community to buzz with speculation and theories. Ord.io reported on January 6 that more than one Bitcoin was used to generate 332 entries of ‘raw binary data.’ This data’s nature and purpose are unknown, prompting attempts to decipher it using artificial intelligence. Even advanced AI tools, however, struggled to

Bitcoin SV (BSV) Surges By Over 110%

January 2, 2024 1 min read

Bitcoin SV (BSV), the Bitcoin hard fork token, is experiencing a significant surge, surpassing $100 for the first time since February 2022. This remarkable price increase, accounting for nearly 110% in just one week, can be attributed to increased trading activity and growing interest in the South Korean market. The increased trading activity and interest in the South Korean market have been the driving forces behind BSV’s recent surge. Upbit,

Worldcoin launches Orb in Singapore for verification purposes

December 28, 2023 1 min read

Singaporeans can now use the Orb, a specialized hardware device introduced by the Worldcoin project, for verification purposes, marking a significant step toward global proof of personhood. As part of the project’s cryptographic initiatives, the Orb plays a critical role in improving identification verification. The Orb is a hardware device introduced by the Worldcoin project to streamline and improve identification verification processes. This device represents a significant advancement in the