WazirX has initiated phase two of its fiat currency withdrawal process ahead of schedule, starting on Sept. 3 instead of the previously announced date of Sept. 9. This development comes in the wake of a security breach that resulted in the theft of over $230 million in user assets. CEO Nishal Shetty took to social
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Ripple’s University Blockchain Research Initiative (UBRI) program has recently welcomed South Korea’s Yonsei University as its newest partner. This partnership marks the addition of the 58th institution to Ripple’s global network of UBRI collaborations, with a notable 12 of them situated in the Asia Pacific region. Yonsei University will embark on a long-term journey to
Samuel Edyme, known by his nickname HIM-buktu, is a multifaceted individual making waves in the world of web3 content creation, journalism, and trading. His journey into the realm of cryptocurrency was not a smooth one, starting with a Ponzi scheme that initially led him astray. However, instead of being deterred by this setback, Edyme used
The anticipation surrounding the release of Rebel Skies, developed by Faraway Games, is palpable in the mobile gaming community. This new game, set to launch in October 2024, is not just another addition to the plethora of mobile titles available. Rebel Skies aims to revolutionize the mobile gaming landscape by incorporating elements of action, real-time
The Ethereum market is experiencing a significant shift as rising exchange reserves indicate a potential new distribution phase. CryptoQuant’s Ethereum Exchange Reserve metric, which monitors the amount of ETH held in exchange wallets, has shown an increase. This rise suggests that traders are transferring their ETH to exchanges in preparation for selling, potentially increasing supply
In a recent talk at the Korea Blockchain Week 2024 event, US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda highlighted the need for specialized S-1 registration forms tailored specifically for digital asset securities. Uyeda emphasized that the current regulatory tools of the SEC may not effectively capture the complexities and unique features of
The latest analysis conducted by Santiment reveals a significant decline in whale activity across major cryptocurrencies like Bitcoin and Ethereum. During the period of March 13-19, Bitcoin witnessed 115.1k transactions valued at over $100k each. However, by August 21-27, this number had decreased to just 60.2k transactions, showing a noticeable slowdown. Ethereum also saw a
The Open Network and its native token, TON, have been facing a series of challenges recently. One of the most notable incidents was the sudden and drastic drop in the price of TON on CoinMarketCap. Within minutes, the price plummeted by over 90%, from $5.2 to around $0.3. This massive 94% dump caught many investors
Binance CEO, Richard Teng, recently criticized the Nigerian government for its treatment of Tigran Gambaryan, an American executive who has been detained since February. Teng spoke out against the inhumane treatment of Gambaryan and called for his release for medical treatment and to be reunited with his family. A viral video surfaced showing Gambaryan struggling
Recently, the renowned crypto analyst known as the ‘Titan of Crypto’ shared an intriguing technical pattern with his 90,000 followers. This pattern, a golden cross, is currently forming between the 100-day moving average and the longer 200-day moving average. Unlike the typical golden cross, where the 50-day MA crosses above the 200-day MA, this unique
The Ethereum price action has been disappointing for traders over the past few months, with a 23% decline over a 30-day period. This bearish trend has defied the expectations of many ETH investors who were hoping for a surge following the launch of Spot Ethereum ETFs. Despite this downturn, technical analysis indicates that Ethereum’s recent
As Season 1 of MetalCore approaches, players are gearing up for a gaming experience like never before. The introduction of new gameplay improvements is set to revolutionize the way both new and seasoned players engage with the game. One of the standout features is the “Intro Mission,” designed to provide players with a more refined
The recent filing by the US Securities and Exchange Commission (SEC) regarding the repayment strategy in the FTX bankruptcy case has raised significant concerns within the industry. The plan to repay creditors using stablecoins or other digital assets has been met with skepticism from the SEC, leading to potential challenges under federal securities laws. In
OKX’s Singaporean entity, OKX SG, recently made headlines by securing a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license is highly coveted in Singapore, as it provides businesses with the ability to operate without daily or monthly transaction limits. Companies seeking this license must meet strict criteria, including being