Category Archives: Crypto News

The Stablecoin Market Loses Over A Billion in A Single Month In a surprising twist, the economy revolving around stablecoin saw a substantial decrease of $1.52 billion over the month of September 2023. This landscape was majorly affected by two main digital assets: FRAX and BUSD. These currencies witnessed significant reductions in their supplies toContinue reading “September Sees Stablecoin Economy Decline by $1.52 Billion, Falling to a 2-Year Low”

The Evolution of Ethereum as Proposed by its Co-creator Vitalik Buterin In the fast-paced world of cryptocurrency, Ethereum stands out as a leading platform recognized for its innovative approach to smart contracts and decentralized applications. The co-founder of the platform, Vitalik Buterin, recently shared his perspectives on the development trajectory of Ethereum. Understanding the ConceptContinue reading “Vitalik Buterin Talks about Ethereum Protocol Enshrinement: Blockchains as Social Systems”

The Asset Management Giant, Vaneck, Sets Aside 10% of Its Ethereum ETF Profits to Foster Ethereum Core Development In an incredible move, Vaneck, a globally recognized asset management company, recently announced that it will redirect 10% of its earnings from its Ethereum-based exchange-traded fund (ETF) towards bolstering the core development of the Ethereum Protocol forContinue reading “VanEck Dedicates 10% of Ethereum ETF Earnings to Boost ETH Core Development”

A Snapshot of October 2023: Top Five Defi Categories Managing Billions October 1, 2023, marked a significant point in the world of decentralized finance (defi), with an astonishing $39.50 billion being managed across various defi platforms. In this piece, we will be highlighting the top five categories and shedding light on the variety of defiContinue reading “Top 5 DeFi Categories Managing Billions: October 2023 Overview”

Significant Allegations Against FTX Exchange Auditor by SEC Accounting Firm Accused Of Violating Auditor Rules & Securities Laws The auditing agency for the failed cryptocurrency trading platform FTX has come into severe scrutiny. Prager Metis, a prominent accounting firm is reportedly under the hammer of the U.S. Securities and Exchange Commission (SEC). The allegation isContinue reading “FTX Auditor Faces SEC Charges for Assisting Clients in Violating Securities Laws”

Crypto Firms in Kazakhstan Plead For Tax Revisions Amid Threatened Exodus The Kazakh government has come under fire from legally-operating crypto mining companies, who condemned the current costly state of their industry, with principal firms expecting to exit from the Central Asian nation by the end of this year. This stern warning was issued byContinue reading “Crypto Miners Attribute Kazakhstan Departure to High Taxes”

Financial Rescue for Hacked Crypto Exchange With an unexpected turn of events, the recently attacked Nigerian gift card and cryptocurrency exchange platform, Patricia, reports that it has gathered sufficient funds for user reimbursements. However, there has been some negative feedback, with several users demonstrating dissatisfaction with the exchange, even considering legal measures. Funds Conversion intoContinue reading “Latest Update: Cyberbreached Nigerian Crypto Platform Gathers Funds for Repaying Users”

Blockchain Technology Powers a Privacy-Conscious Digital ID System in Buenos Aires Starting in October, the Argentine capital, Buenos Aires, is set to introduce a privacy-centric, blockchain-anchored digital ID wallet known as Quarkid. Previously referred to as Tangoid, Quarkid is a downloadable, control-your-own wallet that will initially hold birth and marriage certificates. More digital documents willContinue reading “Millions of Citizens in Buenos Aires to Receive Blockchain-Based Digital IDs”

A Landmark Collaboration: Hashgraph Association Teams Up with Dar Blockchain In a significant move designed to advance technology development in the Middle East and North Africa (MENA), the Hashgraph Association has teamed up with Dar Blockchain, a Tunisian blockchain expert. The partnership is set to yield incredible results, all aimed at enhancing the technology landscapeContinue reading “Dar Blockchain Partners with Hashgraph Association to Boost Blockchain Adoption in Tunisia”