The recent bankruptcy of the FTX exchange has sent shockwaves throughout the cryptocurrency community. The exchange, once a promising player in the crypto market, has now emptied its FTT treasury account to a new wallet address on April 18. This move has raised eyebrows as it involved transferring a significant amount of assets from the
The traditional scientific publishing industry has long been plagued by various challenges that hinder the dissemination of knowledge and equitable access to scientific findings. High fees, complex review processes, and article suitability are just some of the issues faced by researchers and institutions. Despite efforts to widen access through digital platforms, inefficiencies and access hurdles
In a recent interview, Anthony Scaramucci, the founder of Skybridge Capital, shared his bold prediction that the price of Bitcoin could soar to $200,000 in the wake of its upcoming halving event. This forecast comes amid a backdrop of increased volatility in the cryptocurrency markets, fueled by geopolitical tensions and economic uncertainties. Scaramucci delved into
Binance, the world’s largest cryptocurrency exchange, faced a ban by the Indian government but is now making a comeback after agreeing to pay a penalty of $2 million. This move comes as Binance prepares to re-enter the Indian market under the oversight of the Financial Intelligence Unit (FIU) within the finance ministry. The exchange will
The recent news about Sony and Microsoft’s intentions to incorporate blockchain technology into their gaming consoles marks a significant milestone in the gaming industry. This move signals a major shift in the landscape of gaming, particularly in the realm of mainstream web3 gaming. The incorporation of Non-Fungible Tokens (NFTs) into Playstation and Xbox games is
The sudden increase in profitability of the Ethereum (ETH) blockchain in the first quarter of 2024 has raised eyebrows and sparked curiosity among investors and analysts. Not only has the price of ETH soared by nearly 100%, but the blockchain itself has generated a staggering $369 million in profits during this period. This unexpected windfall
As the cryptocurrency market experiences ongoing fluctuations, the price of Bitcoin has recently surged by 1.7% within a 24-hour timeframe, reaching above the $62,000 mark. Despite this increase, there are warnings from CryptoQuant, a prominent crypto analytics platform, indicating that Bitcoin may face a significant downturn to $52,000 if specific key levels are breached. Market
Cryptocurrency analyst Trend Rider has recently brought attention to the potential price rally of Cardano (ADA). According to Trend Rider’s analysis, Cardano could possibly rise to $3 in the near future. The analyst mentioned in a social media post that if history repeats itself, Cardano might be on the verge of a significant price increase.
The recent filing of an amended complaint by the US SEC against Justin Sun and other defendants on April 18 raises questions about the jurisdictional basis for pursuing legal action. The SEC argues that Sun’s alleged visits to the US should grant it the necessary jurisdiction to proceed with the case. The regulator claims that
A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has caused a stir within the crypto industry. The proposed ban on algorithmic stablecoins outlined in the Lummis-Gillibrand Payment Stablecoin Act has been met with criticism and concern from various experts and industry insiders. Former Blockchain Association member Jake Chervinsky labeled the
