The cryptocurrency space has been unregulated for quite a long time now. Hence, the already volatile domain has offered higher risks over time. However, the crypto framework is set to change as the South African Reserve Bank (SARB) has altered its understanding of crypto and now considers it as a …
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The SCB-Bitkub acquisition deal is no longer happening. Thailand lender, Siam Commercial Bank PCL, in a recent statement mentioned that it has pulled out of the deal and is no longer looking forward to buying crypto exchange Bitkub. Why Was The SCB-Bitkub Acquisition Deal Scrapped? SCB noted that this startup …
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Following the FTX Exchange collapse, the crypto company is going through a lot. There have been much-talked warnings of the heavy risks, and the auditors have been put into the spotlight. Here are all the things related to the crypto exchange crash that has affected it greatly. FTX Exchange Collapse: …
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Shiba Inu New Record: The popular dog-faced meme coin Shiba Inu (SHIB/$SHIB) has reached a new record. This is all possible owing to its burning volume that reached a hike of 10,000% in just 24 hours. However, the burn rate hike of SHIB tokens today is considered one of the …
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After the US Securities and Exchange Commission (SEC) barred Kraken, a top crypto exchange, from offering crypto staking services, Ether (ETH), the native token of Ethereum, had its worst daily performance of the year. This has also impacted the Ethereum price today as well as Ether’s overall price. SEC has …
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SuperFarm (SUPER), an Ethereum-based crypto, has been surging lately. The NFT marketplace forerunner surpassed the gains of all other digital currencies that were built to support the NFT ecosystem. The supporters of the SuperFarm crypto token took to social media to appreciate the coin’s recent gains. One of them also …
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According to the latest Cardano news, the developer of Cardano (ADA), Input Output, in a recent tweet mentioned that the Vasil Upgrade is being worked on currently and might come sooner than expected. Cardano price has been gaining after the announcement was made. The organization said that it had “made …
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Chain (XCN) has been surging today. This crypto news is of this importance as the Chain crypto was gaining amid the bearish trends. This digital currency managed to gain substantially during the crypto market bloodbath today. Before jumping into the performance that the XCN token showed today, we want to …
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The major cryptocurrency exchange, Blockchain.com, is set to conduct a huge layoff trimming about 25% of its workforce. About 150 employees are going to be terminated soon. The Blockchain.com workforce cut is attributed to the persistent crypto market crashes in recent months. The exchange said that they are doing so …
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The news of BlockFi bankruptcy has been circulating in the crypto industry for quite some days. People have been saying that BlockFi, a crypto lender, has gone penniless and that it had to file for Chapter 11 similar to FTX. On the 10th of November, when people were already discussing …
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