SEC Not Coming After Cardano’s ADA Token, Says Founder Charles Hoskinson

Charles Hoskinson, the founder of Cardano, believes that the United States Securities and Exchange Commission (SEC) will not come after the project’s native token, ADA. He made this statement during a recent YouTube interview on Corey Costa’s Crypto Coins.The SEC recently classified 12 tokens, including Cardano (ADA), Binance Coin (BNB), Solana (SOL), Polygon (MATIC), and […]

Ethereum Layer-2 Scaling Solutions Reach Milestone of 54 TPS

Ethereum’s Layer 2 solutions have achieved a remarkable milestone, reaching 54 transactions per second (TPS) on August 21st. This 5.1-fold increase in transaction throughput has been driven by scaling solutions such as ZKsync and BASE, the latter of which was nurtured by Coinbase’s incubation efforts.First-time transacting wallets have surged, surpassing Ethereum’s activity on occasion. This […]

Former OpenSea Executive Sentenced to Prison for NFT Insider Trading

Nathaniel Chastain, former Head of Products of OpenSea, the world’s largest non-fungible token (NFT) marketplace, has been sentenced to three months in prison for exploiting his position to obtain insider knowledge about specific NFT assets.Chastain was found guilty by United States District Judge Jesse Furman for using underground non-public information to conduct trades on NFTs […]

Crypto Investing: Navigating the Allocator’s Dilemma in a Moment of Transition

Crypto investing is undergoing a transformation, with the reduction of later-stage risks paving the way for financialization and institutional adoption. This presents an “allocator’s dilemma” for investors, as they must decide how to best capitalize on this moment of transition. Smaller funds have a unique opportunity to outperform, but this won’t last forever. Institutional investors […]

Binance to Remove Spot Trading Pairs, Discontinue Trading Bots Services

Binance, one of the world’s leading cryptocurrency exchanges, will soon remove several spot trading pairs from its platform. The removal will take effect on August 25, 2023, at 03:00 (UTC). The trading pairs that will be removed include ALCX/BUSD, PUNDIX/BUSD, FOR/BUSD, PEOPLE/BUSD, LOOM/BUSD, NMR/BUSD, SPELL/BUSD, and STORJ/BUSD.Binance has also announced the discontinuation of its Trading […]

Crypto Market Sentiment Shifts as Bitcoin Price Drops to $26,000

Crypto data platform Santiment is offering insight into the signals that could indicate the right time to accumulate Bitcoin (BTC) and altcoins. According to Santiment’s marketing director Brian Quinlivan, buying opportunities for crypto assets have historically presented themselves when trader sentiment is neither pessimistic nor optimistic across major social media platforms such as Reddit and […]

North Korea-Linked Hackers Move $40 Million in Bitcoin, FBI Warns

The US Federal Bureau of Investigation (FBI) has warned that North Korean hackers may be looking to cash out over $40 million worth of Bitcoin (BTC). The FBI has identified two hacker groups, Lazarus Group and APT38, as responsible for the theft of millions of dollars worth of cryptocurrencies. The hackers have recently moved 1,580 […]

Solana Pay and Shopify Partner to Enable USDC Payments for E-Commerce

Solana Labs has announced the integration of its decentralized payment protocol, Solana Pay, with Shopify, a major e-commerce platform. This integration will enable businesses to facilitate payments using USDC, a stablecoin closely tied to the U.S. dollar. The protocol will also consider adding cryptocurrencies like SOL and BONK in the future.Shopify, representing 10% of U.S. […]

Vultor Launches Token Presale to Revolutionize Crypto Payments System

Vultor, a crypto payments company, announced the launch of the presale for its native token, VLT. Through the presale, the crypto project aims to increase the popularity of its main product and allow presale participants to be part of a transformative journey. The price of 1 VLT token is $0.16, and it will not change […]

“Solana Businesses to Enjoy Zero-Fee Crypto Transactions with Solana Pay Integration”

Businesses using the Shopify platform now have the ability to benefit from zero-fee crypto transactions with the integration of Solana Pay. This integration allows businesses to accept payments in cryptocurrencies such as Bitcoin, Ethereum, and Solana, without having to pay any fees. This is a major benefit for businesses, as it allows them to save […]