Sophia Hernandez

Shiba Inu (SHIB) Secures “.shib” Domain Through Partnership with D3 Global

December 22, 2023 2 mins read

Shiba Inu (SHIB) has announced a strategic alliance with domain name startup D3 Global to secure its top-level domain (TLD) “.shib.” This move aims to improve the user experience in the Web3 landscape by giving Shiba Inu a distinct and easily identifiable digital address. The acquisition of the “.shib” TLD is analogous to organizations having unique endings such as “.com” or “.org” in their web addresses. A unique web address

reaching a remarkable nineteen-month high of $85

Solana’s market cap surges by over 14%, reaching a 19-month high of $85

December 21, 2023 1 min read

Solana, the blockchain sensation, is making headlines in the cryptocurrency market due to its exceptional performance. Within 24 hours, the native SOL token increased by 14%, reaching a remarkable nineteen-month high of $85. This surge not only increased Solana’s market capitalization by over 14% but also secured its place among the top five cryptos, with a current valuation of $36 billion, surpassing XRP. The increase in SOL’s price was not

BRC-20 tokens have emerged as high-performing assets

Are ORDI, SATS, and MUBI the best BRC-20 tokens?

December 19, 2023 2 mins read

BRC-20 tokens have emerged as high-performing assets, with ORDI, SATS, and MUBI driving significant gains for token holders. The increase in value for these tokens can be attributed to crypto exchanges’ recent listing announcement, which has contributed to their impressive upward trend. Ordinals (ORDI) ORDI, the BRC-20 token that is intricately linked to Bitcoin via the Ordinals Protocol, has experienced an extraordinary growth spurt, skyrocketing by more than 500% in

SafeMoon Faces Bankruptcy and Executive Arrests Amid SEC Fraud Charges

SafeMoon files for bankruptcy amid fraud charges, executives arrested

December 15, 2023 1 min read

SafeMoon has filed for bankruptcy following fraud charges brought against it by the U.S. Securities and Exchange Commission (SEC). This development has sent shockwaves through the crypto community and caused a 14.4% plummet in the value of SafeMoon’s native token. The bankruptcy filing, made under Chapter 7, signifies SafeMoon’s intention to halt operations and liquidate assets to settle outstanding debts. The company acknowledges debts of approximately $500,000, while its assets

KuCoin has reached an agreement with the New York Attorney General (NYAG) to halt all operations in the state.

KuCoin Settles $22 Million Lawsuit with NYAG, Exits New York Operations

December 13, 2023 2 mins read

KuCoin has reached an agreement with the New York Attorney General (NYAG) to halt all operations in the state. The agreement stems from a lawsuit filed by KuCoin alleging illegal and unregistered sales of securities and commodities. KuCoin is required to pay over $22 million as part of the agreement, with over $16.7 million earmarked for refunds to New York-based users and an additional $5.3 million to the NYAG. The

Google has announced changes to its crypto advertisements policy to improve its advertising standards and protect users

Google announces changes to its crypto advertisements policy

December 11, 2023 1 min read

Google has announced changes to its crypto advertisements policy to improve its advertising standards and protect users from potential crypto investment risks. These updates are focused on Cryptocurrency Coin Trusts, which are financial instruments that simplify the trading of shares in trusts that hold significant amounts of crypto. The changes are intended to provide users with more reliable information while also protecting them from potential risks associated with crypto investments.

Société Générale Ventures into Crypto: Launches Euro-Backed Stablecoin ‘EUR CoinVertible’ on Bitstamp

December 7, 2023 2 mins read

The launch of Société Générale‘s euro-backed stablecoin, dubbed ‘EUR CoinVertible,’ on the Luxembourg-based exchange Bitstamp has made waves in the crypto space. This is a significant entry by a traditional bank into the crypto trading arena, particularly in the stablecoin market, which has previously been dominated by digital asset firms. Stablecoins are digital tokens with traditional currency value that closely track the value of fiat currencies. They play an important

Around $36.88 million in short positions were liquidated in a 24-hour period, with Binance exchange experiencing the highest liquidation amount at $15.62 million.

Bitcoin Soars Over $38,000, Triggers $36.88M in Liquidations

December 2, 2023 1 min read

Bitcoin began December on a high note, surging past $38,000 and nearly reaching $38,400, indicating a significant impact on the cryptocurrency market. Around $36.88 million in short positions were liquidated in a 24-hour period, with Binance exchange experiencing the highest liquidation amount at $15.62 million. The current market scenario also indicates the possibility of an additional $500 million in liquidations if Bitcoin’s price fluctuates between $38,300 and $39,000. This suggests

Binance exchange announced that it would no longer support the Binance USD (BUSD) stablecoin.

Binance to Discontinue BUSD Stablecoin Services in December

November 30, 2023 1 min read

On December 15, Binance announced that it would no longer support the Binance USD (BUSD) stablecoin. This action follows regulatory challenges faced by BUSD’s issuer, Paxos, earlier this year, which resulted in an order to halt the stablecoin’s minting. Back in August, Binance outlined its phased approach to gradually withdrawing support for the BUSD by February 2024. During this time, users were encouraged to switch to another stablecoin, FDUSD. Notably,

BLUR token experienced a surge in whale activity on November 27

Blur (BLUR) price drops as whales move 7 million BLUR to exchanges

November 27, 2023 1 min read

BLUR, a crypto backed by Paradigm, experienced a surge in whale activity on November 27, with large holders transferring over 7 million BLUR to exchanges like Binance and OKX. This influx of tokens to exchanges suggests a potential increase in supply, leading to reduced demand and subsequently a significant drop in the BLUR price. Market data from Spot on Chain indicates that the price decline followed the movement of tokens

Zipmex Exchange Faces Challenges, Suspends Trading Activities in Thailand

Zipmex Temporarily Shuts Down Trading Services in Thailand

November 25, 2023 1 min read

Zipmex Thailand, grappling with regulatory challenges, has taken a significant step by suspending new deposits and trading on its exchange. The decision, as outlined in a statement on the exchange’s Facebook page, is attributed to the need for compliance with Thailand’s Securities and Exchange Commission (SEC). In clarifying the situation, Zipmex emphasized that withdrawals would continue as usual until January 31, 2024. After this date, customers are advised to reach

KuCoin cryptocurrency exchange has made a strategic move to enhance compliance by delisting 10 altcoins from its platform.

KuCoin exchange to delist KAT (KAT), Sakura (SKU), Don-key (KDON), LOCGame (LOCG), Sienna (WSIENNA) and 5 more