FTX and Alameda, two prominent entities in the cryptocurrency world, have been actively divesting their holdings in recent times. This move signifies their unwavering dedication to achieving settlements with creditors amid the tumultuous bankruptcy battle. Through various transfers to exchanges, they have showcased their commitment to resolving the financial challenges they face. Within the last
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Planetarium Labs has recently made a groundbreaking announcement, unveiling the launch of Nine Chronicles M, the mobile version of its exceptionally popular game, Nine Chronicles. This much-anticipated release is poised to revolutionize the Web3 gaming world, as it stands as the very first fully on-chain and open-source Web3 MMORPG (Massively Multiplayer Online Role-Playing Game). The
In a recent YouTube video, crypto analyst The Luckside Crypto host voiced his disbelief and strong reaction to the SEC’s lawsuit against crypto exchange Kraken. According to the analyst, the SEC’s allegations do not involve fraud, manipulation, customer harm, or security issues with Kraken. Instead, the lawsuit seems to be primarily targeting Kraken’s substantial assets
The recent settlement between Binance and the U.S. Department of the Treasury has sent shockwaves throughout the virtual currency industry. In a scathing statement, Secretary of the Treasury Janet Yellen accused Binance of willfully disregarding its legal obligations in favor of maximizing profits. The repercussions of Binance’s neglect are far-reaching and have facilitated the flow
Cryptocurrency trading is often dominated by fear, uncertainty, and misinformation. In this chaotic landscape, yPredict has emerged as a beacon of clarity, utilizing advanced AI modeling and machine learning to uncover statistical market realities. With a focus on providing traders with accurate predictive data and analytics, yPredict aims to equip individuals with the tools previously
Bitcoin (BTC), the largest cryptocurrency on the market, has failed to consolidate and reach the $38,000 level for the third time, experiencing a 3% pullback. This has led to speculation within the community that a significant retracement may occur before the bullish momentum resumes and the next uptrend begins. Analyzing key factors Renowned crypto analyst
The recent news of Bittrex Global’s impending closure has sent shockwaves throughout the cryptocurrency community. As users scramble to secure their funds and find alternative platforms, the market has been hit with an unexpected consequence – a significant premium on Bitcoin (BTC) trading. This premium, exceeding $10,000 on Bittrex Global, has raised eyebrows and left
The gaming industry is about to witness a groundbreaking collaboration between industry giants Ubisoft and Animoca Brands. Known for their support of blockchain game startups, Animoca Brands has announced a joint enterprise with Ubisoft’s Strategic Innovation Lab. This partnership aims to boost Ubisoft’s Web3 efforts within Mocaverse, Animoca Brands’ metaverse initiative. Together, they plan to
Bitcoin’s market dominance has long been considered a crucial indicator of its strength in the cryptocurrency market. However, a deeper examination reveals that the concept of “Bitcoin dominance” may not be as informative as it appears, particularly when taking into account the broader dynamics of the market. The term “Bitcoin dominance” refers to the proportion
Binance, one of the leading cryptocurrency exchanges globally, recently released a statement regarding its resolution of investigations conducted by the U.S. Department of Justice (DOJ) and other regulatory agencies. In this statement, the company acknowledges its past shortcomings and admits to certain compliance violations. The resolution reached by Binance has allowed the company to move
