Browsing:Crypto

Oman's Ministry of Transport, Communications, and Information Technology (MTCIT) has unveiled an initiative by inaugurating a data hosting and crypto mining center in the Salalah Free Zone.
8 months ago 2 mins read

Oman Launches $350 Million Crypto Mining Center, Making Waves in the Industry

Oman’s Ministry of Transport, Communications, and Information Technology (MTCIT) has unveiled an initiative by inaugurating a data hosting and crypto mining center in the Salalah Free Zone. With an estimated value exceeding RO 135 million (around $350 million), this strategic move marks Oman’s foray into the global cryptocurrency and data hosting arena while contributing to its economic growth. Oman has taken a decisive step by launching its second cryptocurrency mining center, following the announcement of another facility in November 2022 valued at nearly $390 million. This combined investment of $740 million is poised to elevate the nation’s digital economy, create

Terra's Website Hacked
8 months ago 1 min read

Terra’s Website Hacked! Developers Release Urgent Warning

A concerning development has shaken the Terra community, as the official website of the platform has fallen victim to a phishing attack. This unauthorized intrusion poses a potential threat to users’ digital assets, urging caution and heightened vigilance within the Terra ecosystem. The official Terra website has been infiltrated and replaced with a malicious phishing site, prompting immediate warnings to the user base. In a stark cautionary measure, Terra users are advised to refrain from interacting with the compromised Terra(dot)money domain, as it has transformed into a treacherous trap. To combat the unfolding situation, the official Terra Twitter account has

Bitcoin (BTC) daily RSI has plunged to levels reminiscent of the COVID-19-induced crash in March 2020.
8 months ago 2 mins read

Bitcoin’s Daily RSI Signals Strong Oversold Position Similar to 2020 COVID Crash

A recent development in the cryptocurrency space has captured the attention of market participants: Bitcoin’s daily RSI has plunged to levels reminiscent of the COVID-19-induced crash in March 2020. This event holds the potential to trigger a significant market shift, prompting discussions and speculation within the crypto community. The Relative Strength Index (RSI) is a widely recognized technical indicator that quantifies the velocity and magnitude of price changes. With a range between 0 and 100, RSI readings above 70 often indicate an overbought market condition, while readings below 30 suggest an oversold condition. This tool is instrumental in helping traders

Nodal Power
8 months ago 2 mins read

Nodal Power Raises $13 Million in Seed Funding to Accelerate Renewable Energy Revolution at Landfills

Nodal Power, an innovative firm at the intersection of renewable energy and cryptocurrency, has announced the completion of a $13 million seed funding round. This funding injection is dedicated to advancing Nodal Power’s pioneering approach to reducing methane emissions from landfills while harnessing their untapped energy potential. With a focus on Bitcoin mining, the company is making strides in transforming waste into a valuable resource, as highlighted in their recent press release. Nodal Power’s unique strategy involves mitigating methane emissions at landfills by utilizing them to power Bitcoin mining data centers. By doing so, the company addresses a pressing environmental

Solana sales boasted an NFT explosion volume
8 months ago 4 mins read

How Best DeFi Coins Like Solana and Cardano Impact The Future Of Big Eyes Coin In 2023

The dynamic terrain of DeFi is continuously evolving, and recent statistics have brought Solana’s (SOL) surge into sharp focus. As the NFT marketplace witnesses rapid growth, recent data from CryptoSlam has placed the Solana market cap at the forefront, notably surpassing Cardano (ADA) in sales.  Previously, Solana sales boasted an NFT explosion volume of $1,134,068, engaging 3,507 buyers, while Cardano NFT projects trailed with a volume of $155,244 and 1,016 buyers. Amidst these titans, where does Big Eyes Infinity (BIGINF) stand, especially with its promising meme coin potential?  Explore the rich tapestry of these best DeFi coins and uncover the

Filed in January, the SEC's lawsuit accused both Gemini and Genesis, a subsidiary, of mismanaging customer funds.
8 months ago 2 mins read

Gemini Counters US SEC Lawsuit with Motion to Dismiss, Citing Flawed Allegations

Gemini crypto exchange is moving to counter the legal action by the United States Securities and Exchange Commission (SEC). The exchange is looking for the dismissal of the SEC’s lawsuit, saying that the regulatory agency has failed to provide enough evidence of unregistered securities being sold on its platform. This legal action marks a crucial chapter in the landscape of crypto regulations. In response to the SEC’s allegations, Gemini exchange has taken a decisive stance, claiming that the regulatory body has not adequately demonstrated that the exchange sold unregistered securities. Filed in January, the SEC’s lawsuit accused both Gemini and

US SEC's Filing Provides Official Recognition of XRP as Non-Security Token
8 months ago 2 mins read

US SEC Confirms XRP’s Non-Security Status in Recent Court Filing

The US SEC announced its acknowledgment of the non-security status of digital assets, with a special emphasis on XRP. This news has emerged in the context of the SEC’s move to appeal the recent legal victory secured by Ripple Labs. The regulatory landscape for cryptocurrencies is evolving, and this latest move has garnered substantial attention within the crypto community. The SEC’s filed motion holds a crucial statement that has grabbed the crypto world’s attention. The regulatory body has stated: “The SEC does not seek appellate review of any holding relating to the fact that the underlying assets here are nothing

Big Eyes Infinity (BIGINF)
8 months ago 4 mins read

Unlocking Unique Value With Bitcoin Ordinals, Shiba Inu’s Shibarium, And Big Eyes Infinity

The cryptocurrency world is transforming remarkably, transcending its role as a mere store of value. Just as Non-Fungible Tokens (NFTs) have demonstrated the unique potential of digital assets, prominent cryptocurrencies like Bitcoin are embracing new dimensions.  In this exploration, we’ll delve into the innovative realms of Bitcoin ordinals, Shiba Inu’s Shibarium, and the revolutionary Big Eyes Infinity (BIGINF). Discover how these platforms reshape the crypto landscape and why they hold substantial promise for investors and enthusiasts alike. A Creative Crypto Evolution With Bitcoin Bitcoin Ordinals (ORDI) is a method of generating NFTs through a process referred to as inscribing. Recent

How The XRP Rebound Defied Crypto Regulations, How It Affects USDT, And Why Big Eyes Infinity Is The Best Presale Of 2023
8 months ago 5 mins read

How The XRP Rebound Defied Crypto Regulations, How It Affects USDT, And Why Big Eyes Infinity Is The Best Presale Of 2023

The XRP rebound is one of the most significant stories taking place in the crypto market in 2023. It started when Ripple Labs triumphed against the United States Securities and Exchange Commission earlier this summer. And even though the U.S. SEC has appealed the ruling, a precedent has been set for crypto. The story is not over yet, and crypto everywhere is facing off with regulatory authorities. In China, a man was sentenced to 9 months in prison for buying $13K in Tether (USDT). At least there’s one safe haven from all this, Big Eyes Infinity (BIGINF). With a cute

Shibarium's Launch Sees Whales Shifting $130 Million Worth of SHIB
8 months ago 1 min read

Shiba (SHIB) Whales Transfer Over $130 Million Amidst Shibarium Launch

Over the past few days, as the highly anticipated Shibarium launch faced setbacks, a total of $131.57 million was transferred by whale addresses in 29 transactions, each involving at least $1 million. These significant movements in the Shiba Inu (SHIB) ecosystem have captured attention amid the protocol’s challenges. Data reveals that these transactions occurred starting on August 16, just before the official launch of Shibarium. This information was collected on August 18, a day after reports of the protocol’s failure, which left more than 1,000 ETH of Shibarium users locked in the bridge contract. This event raised concerns about fund

Liquidation of $30M BNB Position of $560M Hack Perpetrator Coincides with Crypto Market Crash
8 months ago 2 mins read

Liquidation of $30M BNB Position Linked to $560M Hack Amid Crypto Market Crash

In a dramatic turn of events, a $30 million BNB position linked to the perpetrator of a massive $560 million hack was liquidated on the Venus lending protocol during the crypto market crash on August 17. This incident sheds light on the complexities of DeFi ecosystems, centralization, and the measures taken to safeguard against market turbulence. Liquidation Amid Market Turmoil: The BNB Core team took proactive action by manually liquidating the $30 million BNB position on the Venus lending protocol as BNB’s price plummeted below $220. This decision was in accordance with a governance proposal passed by Venus in November

Shibarium Pledges $2 Million Insurance Coverage to Reassure Community Members
8 months ago 2 mins read

Shibarium Unveils $2 Million Insurance Fund to Instill Confidence Among Community Members

The highly anticipated launch of Shibarium, a Layer 2 initiative within the Shiba Inu project, has recently stirred chaos and confusion within the crypto ecosystem. Despite the initial challenges faced, the Shibarium team has swiftly taken action and provided a comprehensive update to ease concerns among its community members. Shibarium’s Launch Stumbles but Team Remains Vigilant The launch of Shibarium was met with great anticipation, as it promised to enhance the capabilities and scalability of the Shiba Inu project. However, the launch encountered unexpected obstacles, resulting in disruptions and prompting the system to enter fail-safe mode. Kaal Dhairya, a prominent

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