Browsing:Crypto

Cryptocurrency investors have collectively added 11629 BTC over the past 6 days
8 months ago 1 min read

Bitcoin Price Rises as Whales Bought $300 Million in BTC

In a week marked by turbulence for crypto enthusiasts, the price of Bitcoin (BTC) has undergone significant fluctuations, briefly dropping to a low of $25,400. This rapid decline can be attributed to a combination of factors. Reduced market activity, compounded by the ongoing upheaval in China’s real estate sector, has contributed to the downward trend. Additionally, reports indicating that Elon Musk’s SpaceX has divested a portion of its Bitcoin holdings have added to the cryptocurrency’s challenges. Despite these challenges, optimism has returned to the crypto market in the past 24 hours as high-net-worth investors have begun accumulating Bitcoin once again.

BlockFi Challenges FTX and Three Arrows Capital on $5 Billion Recovery
8 months ago 1 min read

BlockFi Takes on FTX and Three Arrows Capital Over $5 Billion Recovery Dispute

Bankrupt cryptocurrency lender BlockFi is pushing back against efforts by FTX and Three Arrows Capital (3AC) to claim billions of dollars that changed hands between the companies before their respective collapses last year. In a recent court filing on Monday, BlockFi contested FTX and Three Arrows Capital’s $5 billion claim, alleging that the two entities have unfairly victimized it. BlockFi argued in the filing that the legal doctrine of “unclean hands” should be invoked to prevent future inequities toward BlockFi’s creditors. The ongoing conflict could significantly influence the repayment amounts distributed to individual creditors in the bankruptcy cases of BlockFi,

Atomic Wallet Targeted in $100M Lawsuit
8 months ago 1 min read

Atomic Wallet Sued for Negligence Following $100M Crypto Loss Incident

A group of cryptocurrency investors have taken legal action against Atomic Wallet after a security breach that resulted in $100 million in losses this past June. The incident has led to a class action lawsuit, with numerous high-net-worth investors from Russia and the Commonwealth of Independent States joining forces to seek compensation. According to a report by IntelliNews on August 21, the disgruntled investors, under the coordination of German lawyer Max Gutbrod and Boris Feldman, co-founder of Moscow legaltech firm Destra Legal, are pursuing their claims against the cryptocurrency wallet provider. The investors, numbering around 50, had collectively lost approximately

North Korean Hackers to Convert Over $40 Million in Bitcoin
8 months ago 2 mins read

FBI Issues Warning: North Korean Hackers Planning $40 Million Bitcoin Cash-Out

The U.S. Federal Bureau of Investigation (FBI) has issued a warning to the crypto community, cautioning that individuals linked to North Korean hackers might be planning to sell over $40 million worth of bitcoin. This announcement was made by the intelligence and security agency, which has been tracking crypto stolen by entities known as the Lazarus Group and APT38, both connected to the Democratic People’s Republic of Korea (DPRK). These entities are known to use a strategy referred to as “TraderTraitor.” The FBI expressed its belief that the DPRK could potentially seek to convert Bitcoin, valued at more than $40

Balancer (BAL) Detects Vulnerability in Specific V2 Pools – Immediate Action Necessary
8 months ago 2 mins read

Urgent: Vulnerable V2 Pools Identified in Balancer (BAL) – Users Urged to Withdraw LPs

Developers at Balancer have unveiled a concerning situation regarding some of their V2 pools. These pools have been exposed to a vulnerability that has the potential to jeopardize users’ funds. The Balancer team has acted swiftly to safeguard the majority of assets, but there are still some pools that remain vulnerable. The Balancer development team recognized the gravity of the situation and took immediate action to secure most of the funds that were at risk. However, it’s important to note that certain pools are still susceptible to vulnerability. To ensure the safety of their investments, users are strongly advised to

London, United Kingdom, August 21st, 2023, Chainwire Shiba Memu, a dynamic new cryptocurrency meme coin supported by AI, is causing a stir as its presale surpasses the impressive $2 million fundraising milestone. This remarkable achievement was further spurred by the recent news it would list on BitMart, a renowned crypto exchange, all within the first month of the presale’s launch. The inception of the Shiba Memu AI stems from the team’s previous experiences with exorbitant marketing agency fees. This motivated Shiba Memu to develop a self-promoting AI solution capable of adapting to various practical applications. Presently at $0.021700 per token, Shiba Memu’s price experiences scheduled increments every 24 hours due to the team’s well-crafted smart contract. This mechanism is particularly appealing to presale supporters, as it ensures that the token purchase price remains lower than the eventual listing price on exchanges. For instance, if purchased today at $0.021700, the increase by the end of the 60-day presale would amount to 10%. Those interested can acquire SHMU tokens via the official Shiba Memu website. The Surge of Shiba Memu: Unleashing AI Potential Shiba Memu’s remarkable success can be attributed to its untapped AI potential. In its nascent stages, the AI employs Natural Language Processing (NLP) and Sentiment Analysis to scour the web, primarily focusing on social platforms, for mentions of Shiba Memu. It tailors its promotions accordingly, transforming the brand from a simple cute dog meme to an amusing and engaging one, infused with a sharp sense of humor. The project’s forthcoming AI dashboards scheduled for Q4 further stimulate investor interest in meme coins with tangible utility. The project’s tokenomics demonstrate a robust structure, with 85% of tokens allocated to the presale, 10% to exchange listing liquidity, and 5% to development. This allocation empowers SHMU holders to actively participate in the future development of the dApp. Crypto Community Propels Shiba Memu’s Soaring Engagement In the recent video shared by influencer, CryptoPRNR, Shiba Memu was featured among the top four cryptocurrencies predicted to perform well in the next bull run. Additionally, Shiba Memu was also showcased as the best meme coin to buy in 2023 on investing website Invezz. This recognition highlights the project’s strategic advancements and AI-driven capabilities, solidifying its position as a competitive player in the crypto market. The inclusion of Shiba Memu in this selection also reflects the growing interest and attention directed towards AI-powered crypto projects within the broader cryptocurrency community. The Shiba Memu presale is approaching its closing date on the 1st of September. At this juncture, the price is set to reflect an increase of 119% from its launch price, moving from $0.011125 to $0.024400. About Shiba Memu Shiba Memu (SHMU) is a fresh dog-themed crypto meme coin that supports a platform utilizing AI to promote itself and generate buzz in online communities. This technology is poised to gain traction within the blockchain industry in the coming years, establishing Shiba Memu’s position as an industry innovator. The innovative AI technology behind the project demonstrates true innovation in the meme coin sector, offering small and medium-sized businesses access to effective marketing solutions that could significantly cut costs and provide a competitive advantage. To learn more, or to buy SHMU, visit: Website | Whitepaper | Socials
8 months ago 3 mins read

Shiba Memu Ignites the Crypto World: $2M Presale Surge as Meme Coin Races Towards Listing

London, United Kingdom, August 21st, 2023 Shiba Memu, a dynamic new cryptocurrency meme coin supported by AI, is causing a stir as its presale surpasses the impressive $2 million fundraising milestone. This remarkable achievement was further spurred by the recent news that it would list on BitMart, a renowned crypto exchange, all within the first month of the presale’s launch. The inception of the Shiba Memu AI stems from the team’s previous experiences with exorbitant marketing agency fees. This motivated Shiba Memu to develop a self-promoting AI solution capable of adapting to various practical applications. Presently at $0.021700 per token, Shiba Memu’s

Blockchain platform Lookonchain has unveiled the success story of a trader who leveraged the DEX GMX to make over $1 million in profits.
8 months ago 2 mins read

GMX Trader Makes Over $1 Million During Crypto Market Crash

Blockchain analytics platform Lookonchain has unveiled a remarkable success story involving a trader who leveraged the decentralized exchange (DEX) GMX to generate substantial profits. The trader’s ability to accurately predict Ethereum’s price movements over the past few weeks led to a profit of more than $1 million. The trader’s journey began on July 14th, when Ethereum (ETH) was trading near a recent high of approximately $2,000. Recognizing an opportunity amidst the market dynamics, the trader executed a short position on the cryptocurrency. As the market experienced a significant crash, the trader’s timely decision allowed them to capitalize on the downturn,

Rumors are circulating that Robinhood might add Ripple's XRP to its cryptocurrency listings before the year's end
9 months ago 2 mins read

Will Robinhood List XRP?

Amid widespread speculation, rumors are circulating that Robinhood might add XRP to its cryptocurrency listings before the year’s end, causing ripples of excitement within the crypto community. While these speculations remain unverified, the mere possibility of such a move has generated significant interest as we approach the final quarter of 2023. Robinhood has maintained a carefully curated selection of crypto. Unlike other exchanges that may feature various tokens, Robinhood’s selective approach underscores its commitment to quality and a meticulous selection process. The current speculation suggests that an insider with access to undisclosed information might have hinted at the potential addition

Zebec has launched Nautilus
9 months ago 5 mins read

Beyond Instant Payments: Zebec Launches Modular L3 Nautilus for Scalable Payment Streaming

New York, USA, August 21st, 2023 Zebec has launched Nautilus, a modular L3 network that supports its blockchain-based global payment infrastructure. Nautilus enables continuous payment streaming and real-time payroll services on a previously impossible scale. As a first-of-its-kind L3, Nautilus enables more than just instant payments. It can also facilitate Zebec Protocol’s live-payment streaming service at scale, made possible by the fastest EVM environment in web3. Capable of parallel transaction processing, Nautilus is built for scalability, interoperability, and security through interchangeable modules for consensus, settlement, data availability, and transaction execution. This modularity will have a significant impact on how web3 payment

Nomura's Crypto Initiative Receives Full Operating License in Dubai
9 months ago 1 min read

Nomura’s Crypto Venture Secures Full Operating License in Dubai

Dubai’s Virtual Asset Regulatory Authority (VARA) has awarded a comprehensive operating license to Komainu, a crypto joint venture comprising Nomura, CoinShares, and Ledger. The regulatory authority’s supportive stance towards crypto startups, coupled with its favorable laws and funding initiatives, has led to an encouraging environment for the industry’s growth in the United Arab Emirates (UAE). The UAE government has proactively fostered a conducive ecosystem for crypto startups by offering financial backing and enacting industry-friendly regulations. VARA’s crypto exchange licensing process in Dubai follows three stages: provisional approval, a minimal viable product (MVP) license, and a full market product license. Komainu,

A Milestone in Tokenisation: CitaDAO Completes First Real Estate Detokenisation
9 months ago 2 mins read

A Milestone in Tokenisation: CitaDAO Completes First Real Estate Detokenisation

Singapore, Singapore, August 21st, 2023 Leading the way in real-world asset tokenization, CitaDAO is delighted to share the completion of a buyout of tokenized real estate in Singapore. The milestone marks the world’s first real estate detokenization. The token holder who initiated the process can redeem the title deed of the tokenized asset. The real estate, located at 18 Sin Ming Lane, Singapore was first tokenized on May 16, 2023, at a value of US$635,000. Real Estate Token Buyout Offer Summary Address: 18 Sin Ming Lane, Midview City, Singapore Date of Tokenisation: May 16, 2023 Buyout Offer: US$604,000 Buyout Dates: July 24, 2023 – Aug 21,

Thailand Takes Aim at Facebook Over Alleged Crypto Scam Ads
9 months ago 1 min read

Facebook Faces Potential Shutdown in Thailand Over Alleged Crypto Scam Ad Promotion

The Thai government has reportedly considered taking legal action to shut down Facebook in the country due to its alleged role in promoting fake investment scam ads. The platform is accused of misleading over 200,000 individuals through these scams, prompting authorities to address the security concerns posed by the social media giant. Amidst growing concerns about fake investment scams, Thailand’s Minister of Digital Economy and Society (MDES), Chaiwut Thanakmanusorn, along with other ministry leaders, conducted a meeting on August 21 to discuss Facebook’s involvement in misleading the public. The platform is accused of aiding scammers who exploited the community with

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