Shibarium Restarts Ethereum Bridge, Unfreezes $2.5M in Assets

Shibarium, the layer 2 chain created by the Shiba Inu project, has restarted its Ethereum bridge, allowing users to access their funds again. This resolves the issues encountered during its launch earlier this month, which had caused $2.5 million in assets to be temporarily frozen. The Shibarium team has now restored mainnet operations and made […]

Binance Poland to Provide Services to Belgian Residents Following FSMA Order

Binance, a global crypto exchange, has announced that its Poland entity, Binance Poland sp. z o.o., will be providing services to residents of Belgium. This follows an order from the Belgian Financial Services and Markets Authority (FSMA) to stop offering crypto exchange and custody wallet services due to violations of the country’s Anti-Money Laundering and […]

Shiba Inu Exchange Reserves Drop as Shibarium Launch Succeeds

Shytoshi Kusama, the creator of Shiba Inu, recently announced the successful launch of Shibarium, a platform that has already garnered more than 65,000 wallets and 350,000 transactions. The platform offers a variety of tokens, including entertaining, unconventional, and occasionally controversial tokens.However, holders of Shiba Inu tokens have pulled out 1.8 trillion SHIB tokens, equivalent to […]

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FTX Founder’s Lawyers Request Evidence Preclusion and More Time for Review

Sam Bankman-Fried, the disgraced founder of FTX, and his lawyers have requested that the Government be precluded from using certain evidence when his trial commences on October 2. The lawyers have argued that Bankman-Fried does not have enough time and resources to review the large volume of documents produced by the Government.In addition, Bankman-Fried’s lawyers […]

Supra Launches Bridgeless Technology HyperNova for Cross-Chain Communication

Supra, a leading blockchain organization, has announced the creation of HyperNova, a bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology eliminates the need for a centralized bridge, making blockchain connections more secure, reliable, and scalable.HyperNova works by using Supra’s novel, low-latency, consensus algorithm, known as Moonshot Consensus, to understand […]

Cryptocurrency Markets Show Signs of Positive Turn After Recent Correction: JPMorgan

The renowned banking institution JPMorgan has recently released an analysis titled “Limited Downside”, which suggests that the recent corrective phase in the cryptocurrency markets may be coming to an end. This conclusion was drawn from their comprehensive study of CME Bitcoin Futures contracts. Initially, traders had established long positions in response to favorable developments in […]

SEC Charges Impact Theory for Unregistered NFT Offering

The United States Securities and Exchange Commission (SEC) has charged Impact Theory, a Los Angeles-based media and entertainment firm, for unregistered offering of nonfungible tokens (NFTs) known as “Founder’s Keys”, which raised approximately $30 million from investors. Without admitting or denying the SEC’s findings, Impact Theory agreed to a cease-and-desist order and will pay a […]

Massive XRP Transaction Sparks Speculation of Possible Selloff

An anonymous investor has recently moved a massive amount of Ripple (XRP) tokens worth around $14.9 million into Bitstamp. This has sparked speculation within the crypto community and analysts, with some asking if the tokens will be dumped.Researcher @cryptoiz_IDN suggests that this could signal an influx of ‘whale’ investors entering the crypto market. This is […]

Supra Launches HyperNova Bridgeless Technology for Cross-Chain Interoperability

Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, has announced the creation of HyperNova, a bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This eliminates the need for centralized bridges, which can be a single point of failure and a major vulnerability in Web3. HyperNova’s bridgeless technology […]