hot storiesUnjust Gains: Core Scientific Rejects $4.7M Claim from Celsius
written by John Murphy | May 9, 2023
Core Scientific claims the cryptocurrency lender owes it even more money and has rejected a multi-million-dollar administrative $4.7M Claim from Celsius Network. Moreover, Core Scientific, a bankrupt Bitcoin mining company, has objected to paying a $4.7 million administrative claim made by Celsius Network. The Celsius Network is a cryptocurrency lender, which caused an argument between []
hot storiesCrypto Warning: Hong Kong Regulator to Take Tough Stand!
written by John Murphy | May 9, 2023
When creating a regulatory framework for its cryptocurrency business, Hong Kong legislators have been imminent. According to the most recent source, the Securities and Futures Commission of Hong Kong will shortly publish guidelines for cryptocurrency exchanges. It clearly seems that Hong Kong Regulator to Take Tough Stand in the coming days. Keys Takeaways: Hong Kong []
hot storiesBitcoin's ordinals inscriptions nearly doubled in a week
written by John Murphy | May 9, 2023
The number of Bitcoin’s ordinals inscriptions nearly doubled in a week from 2.5 million to 4.78 million. This surge can be attributed to the favor of the BRC-20 token standard. It allows users to create fungible tokens using text-based inscription. Take Aways The emergence of Text-Based Inscriptions Users of the Ordinals protocol discovered they could []
hot storiesWaging War on Crypto: SEC Rules Under Fire
written by John Murphy | May 9, 2023
According to recent news, Industry leaders have questioned the significance and validity of the U.S. securities regulator’s plan to broaden custody restrictions. It seems like a Waging War on Crypto. The Securities and Exchange Commission (SEC) received a letter from the crypto industry’s advocacy group Blockchain Association on 8 May. This letter aims to criticize []
hot storiesEstonia Drives Out 400 Crypto Firms: Thrilling Change Ahead!
written by John Murphy | May 9, 2023
According to recent news, Estonia’s money laundering regulator demonstrates several issues established within the local cryptocurrency companies. These issues involve plans of nonsensical businesses and dodgy execs and resulted in Estonia Drives Out 400 Crypto Firms. Keys Takeaways: Recently the government straightened the implementation of anti-money laundering laws and terrorist financing prevention in Estonia. Following []
hot storiesWill Shiba Inu Price Hit $1? Nope - SpongeBob Token Gains Big!
written by John Murphy | May 8, 2023
According to recent news, by market cap, the second-largest meme coin in the world is Shiba Inu Price Hit. In contrast with many cryptocurrencies, which have had a string of spikes, the currency has largely been cool this year. It has dropped 11.4% in the previous thirty days, only demoralizing the surrounding region. Keys Takeaways: []
hot stories$6M Lost: DEUS Finance Hit by Stablecoin Hack!
written by John Murphy | May 7, 2023
According to CoinMarketCap data, the attacker targeted the Arbitrum network and the BNB Smart Chain. As a result of the security breach, the price of DEI fell by 30%. DEUS Finance Hit is a provider of the Decentralized Finance (DeFi) system. Further, it has lost over $6 million due to a security issue on its []