Degen Chain Outage: Network Restored, L3 Debate Reignited
The recent two-day outage of the Degen Chain proved to be more than a minor inconvenience. It caused severe disruption as the network failed to produce a block for over…
Ethereum Price Prediction as Mysterious Wallet Buys Up 29,000 ETH – Bullish Signal?
The Ethereum (ETH) price is picking up on Wednesday amid a broader rally across crypto and traditional asset markets following US CPI data, with some traders focusing on a mysterious…
FTX Gets Backlash Despite Planned Full Repayment Plus Interest
The cryptocurrency exchange FTX went bankrupt in November 2022 after a fraud-fueled collapse, leaving its users unable to access the cryptocurrency they held. FTX announced on May 7 that customers…
Congressman Wiley Nickel Slams SEC’s “Open Hostility” Towards Digital Assets, Urges Gensler To Rescind SAB121
Congressman Wiley Nickel (D-CA) has criticized SEC Chair Gary Gensler over the agency’s “open hostility” towards crypto and SAB121. Nickel sent a letter to Gensler on Wednesday urging him to…
HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?
Huobi Global (HGBL) Hong Kong Limited, a subsidiary of HTX, withdrew its application for a cryptocurrency trading license from Hong Kong’s Securities and Futures Commission (SFC) for the second time…
Floki Inu Price Prediction as FLOKI Lists on Revolut Business – Is an ATH on the Way?
Meme coin markets are in overdrive, and Floki Inu is on the climb, with FLOKI bulls now targeting a new all-time high after an aggressive upside move triggered by Revolut.…
Worldcoin Turns Red: WLD Price Falls 18% as Money Shifts to Competing AI Project
Worldcoin ($WLD), the blockchain project helmed by OpenAI’s Sam Altman, has fallen nearly 20% in the last two weeks and 6.4% overnight despite other leading cryptocurrencies posting green candles. The…
Tether’s USDT Implicated in $2B Illegal Foreign Exchange Scheme in China – Regulation Coming?
Chinese police in Sichuan province apprehended some suspects of an underground banking scheme on May 15 for allegedly facilitating illicit foreign exchange transactions involving about $2 billion worth of Tether’s…
Bitcoin Price Pumps 5% to $65K After CPI Data – Can BTC Break Out of Its Current Range?
The Bitcoin (BTC) price surged more than 5% back to the $65,000 level on Wednesday in wake of US CPI inflation data that showed moderating price pressures in April, supporting…
Louis Vuitton-Affiliated Château d’Esclans And BlockBar To Sell $22,000 NFT Rosé Barrel
Louis-Vuitton (LVMH) owned wine producer Château d’Esclans and spirits-focused blockchain marketplace BlockBar launched an NFT edition of the wine maker’s famed Garrus rosé on Monday. “Château d’Esclans is making history…