The recent earthquake that struck Turkey and Syria has brought tears to the eyes of many. The 7.8 magnitude earthquake that hit the region on Monday, has caused immense destruction and loss of life. The tragedy has been felt around the world, and the crypto community has responded with an outpouring of support. In the…
On this joyous occasion of the Spring Festival, China is allocating a generous sum of $26 million in Central Bank Digital Currency (CBDC) to its citizens. This munificent gesture reflects their commitment to financial inclusion and technological progress. The government’s digital Yuan activities have seen a massive uptake in multiple cities, with the total value…
Binance, the world’s largest crypto exchange by trading volume, recently announced its decision to suspend USD transfers due to a lack of support from banks. This news has caused shockwaves throughout the cryptocurrency industry, raising concerns about the stability of digital assets and their long-term future. From tomorrow, February 8th, 2023, the suspension will take…
The FTX scandal and its ex-CEO has been making headlines since last year when allegations of fraud arose. The media continues to follow the case and new revelations have once again sparked a flurry of activity on the internet. This time, however, the news is positive; bringing hope amidst a tumultuous period as Sam Bankman-Fried…
It’s been a remarkable year for Bitcoin (BTC) and the crypto market, with BTC surging more than 40% since January 2023. At the time of writing, the world’s largest cryptocurrency is trading at $22,789, making its total market capitalization an awe-inspiring $439. billion. This impressive rally has shown no signs of abating – inspiring many…
In India, there has been an undeniable surge of enthusiasm for blockchain technology in recent years. Despite this, adoption rates remain disappointingly slow; this has caused many knowledgeable pundits to implore the government to give deeper consideration to this versatile and transformative technology. Recently, American venture capitalist Tim Draper has also advocated for India’s swift…
Nowadays, it’s very common for two companies who sell or offer similar goods or services to rival as both companies want to snatch each other’s customers and want to be at the top. A new rivalry added to this long list that creates havoc among the Crypto community. The Binance-WazirX dispute is causing quite a…
BonqDAO’s catastrophic hack continues to wreak havoc, with PeckShield reporting that the attackers have begun their efforts to siphon off funds through Tornado Cash. This follows Foresight News’ revelation of $120. million-dollar loss due to BonqDao’s lackluster security protocols – which were ultimately responsible for this event. In an attempt to ensure that such nefarious…
Australia has recently unveiled a consultation paper on token mapping, further cementing its commitment to regulating the crypto space. This move is set to pave the way for revealing an official framework by 2023. which will outline laws and regulations regarding the usage of digital assets in the country. According to experienced professionals, this proactive…
The crypto market has seen its fair share of frauds and rug pulls, with the recent addition to this long list causing quite a stir, and heightened risks associated with the proliferation of crypto projects and ventures. Logan Paul and CryptoZoo have been slapped with a class-action lawsuit for alleged negligence. According to the legal…
