Recently, WazirX embarked on the second phase of its fiat currency withdrawal process ahead of schedule, catching many users by surprise. The initial date for the process to commence was set for September 9th, but it began on September 3rd. This unexpected move comes in the aftermath of a significant security breach that resulted in
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Ripple has recently announced that Yonsei University in South Korea has joined its University Blockchain Research Initiative (UBRI) program. This collaboration marks the addition of another prestigious academic institution to Ripple’s global network of partners, bringing the total number of UBRI partnerships to 58. Yonsei University will be embarking on a multi-year research initiative focused
The current volatility in the price of Bitcoin has been influenced by several economic factors that are creating uncertainty in the financial markets. While Bitcoin experienced a drop in value from $59,076 to as low as $57,127, there are underlying issues affecting its trajectory. One of the key factors impacting the price of Bitcoin is
Bitcoin’s price dipped below $56,000 recently, sparking concerns about a potential downtrend. Arthur Hayes, co-founder of BitMEX, warned of a worst-case scenario where the price could gradually decline to $50,000. His analysis is based on the broader macroeconomic environment, highlighting the impact of the Federal Reserve’s actions and US Treasury market dynamics. Hayes pointed out
Samuel Edyme, known by his nickname HIM-buktu, has made a significant impact in the world of web3 content writing, journalism, and trading. His versatile nature and unique approach to market analysis have set him apart from his peers. Edyme’s journey into the crypto universe was not a smooth one, as he initially fell victim to
Despite the completion of the highly anticipated Chang upgrade, Cardano has experienced a drop in price. The new features introduced by the Chang hardfork, such as on-chain voting and enhanced smart contract capabilities, were expected to bring positive momentum to the project. However, at the time of writing, Cardano (ADA) was down 2.7%, trading at
The U.S. Securities and Exchange Commission has announced new charges against Galois Capital, a crypto-focused advisory firm that custodied client assets at FTX. As part of a settlement, Galois has agreed to pay a civil penalty of $225,000, with the funds being distributed to affected investors. The SEC found that Galois failed to ensure that
The US Securities and Exchange Commission (SEC) recently charged and settled with hedge fund Galois Capital Management LLC regarding a private fund primarily invested in crypto. The charges are related to Galois Capital’s failure to comply with client asset safeguarding requirements, specifically with crypto assets that were classified as securities. The firm agreed to pay
Bitcoin’s recent price volatility, including a crash below $50,000 last month, has significantly slowed down the momentum of the bull run many analysts are anticipating. Despite the price lull, a certain crypto analyst believes that the Bitcoin bull run is still on track, predicting a sharp rise to over $100,000 once current price corrections stabilize.
The anticipation in the mobile gaming community is palpable as the release of Rebel Skies, a game developed by Faraway Games, draws near. Set to debut in October 2024, this game is not just another addition to the mobile gaming landscape; it represents a significant shift in the way games are played and experienced. By
