Crypto News Center

FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer

In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back the stake, amounting to $1.76bn in FTT, BNB, and BUSD The transfer was done by Alameda Research, which was insolvent at the time and couldn’t afford the transaction FTX has filed a lawsuit against Binance and its co-founder and former...

Brazil’s Central Bank Partners with Chainlink and Microsoft for DREX, a Trade-Focused CBDC

The Central Bank of Brazil is partnering with Chainlink, Microsoft, and others to develop DREX, a new CBDC. DREX will specialize in cross-border trade rather than everyday use, incorporating artificial intelligence (AI) oracle technology. Brazil has made several crypto advancements this year, like the world’s first spot Solana ETF. Brazil’s New DREX CBDC According to a recent press release from Chainlink, the Central Bank of Brazil (BCB) has selected the...

BlockDAG’s CEO, Former COO of SPIRIT Blockchain Antony Turner, Guides this Sensational Project Over Meme Coins PEPE & Dogwifhat

BlockDAG’s ascent in the crypto sphere is marked by expert leadership and strategic prowess. CEO Antony Turner, bringing over two decades of experience in fintech and crypto, spearheads this growth alongside a team skilled in corporate finance. The network’s presale triumph, with $62.8 million raised and a 1540% spike in coin value, underscores robust market trust. While meme coins like PEPE and Dogwifhat capture headlines, BlockDAG’s forward-looking strategies and strong...

Blur User Loses 49 NFTs to Scammers

By Philip Maina 1 month agoWed Jul 03 2024 10:00:37 Reading Time: 2 minutes An NFT collector on Blur NFT has lost 49 collectibles valued at over $200,000 to scammers The scammers used sophisticated methods to steal the NFTs despite Blur having measures to prevent such scenarios The lost collectibles included six Bored Apes, 40 Beanz, and three Elementals An NFT collector is counting losses after 49 of their collectibles...

Ethereum Whales Diversify into RCO Finance: Predicting a 42,304% Return by 2025

You are here: Home / News / Ethereum Whales Diversify into RCO Finance: Predicting a 42,304% Return by 2025 After a monthly rally of 50%, Ethereum (ETH) has faced resistance at $3,700. Many Ethereum whalers are diversifying their portfolios with RCO Finance (RCOF) as a prediction of 42,304% growth of RCOF has emerged. RCO Finance has also attracted investors through its AI-powered investment tools and no-code platform. Early investors are...

OpenSea Users Drop Lawsuit Against Marketplace

By Philip Maina 3 weeks agoMon Nov 11 2024 11:16:34 Reading Time: 2 minutes OpenSea users who had sued the NFT marketplace have dropped the suit The users will now argue their case through arbitration The users had accused OpenSea of dealing in unregistered securities Two months after they sued OpenSea for allegedly dealing in unregistered securities , Anthony Shnayderman and Itai Bronshtein have dropped the case. OpenSea told the...

Australia Bans Credit Card and Cryptocurrency Use in Online Betting to Curb Financial Risk

The Australian Government is cracking down on gambling, with credit cards tied to crypto in the line of fire. Regulators have banned the use of credit cards utilising digital currencies (or other unique lines of credit) from use in online gambling. The move comes as the government also plans to phase out gambling advertisements and apply greater restrictions to the industry. The gambling industry in Australia has taken a hit,...

Why Investors Might Like The Block Even If Bearish On Bitcoin

MIAMI, FLORIDA - JUNE 04: Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & ... [+] CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. The crypto conference is expected to draw 50,000 people and runs from Friday, June 4 through June 6th. (Photo by Joe Raedle/Getty Images)...

BNB Breaks All-Time High, Analyst Predicts $1,630 Surge

You are here: Home / News / BNB Breaks All-Time High, Analyst Predicts $1,630 Surge Binance Coin (BNB) surgеd ovеr 20%, rеаching аn аll-timе high of $784, brеаking rеsistаncе lеvеls. Anаlyst Ali Mаrtinеz projеcts BNB could еxtеnd its rаlly to $1,630 with sustаinеd mаrkеt momеntum. BNB’s Accumulаtion/Distribution linе climbеd to 585.62 million, indicаting strong buyеr intеrеst аnd momеntum. Binance Coin (BNB) еxpеriеncеd а significаnt incrеаsе of morе thаn 20% in...

SEC withdraws claims that ADA, MATIC, and SOL are securities in its Binance lawsuit

Los Angeles, United States, July 30th, 2024, Chainwire DSCVR, the largest web3 social media and community-building platform, announces the launch of Canvas, a groundbreaking framework that enables developers to effortlessly build and integrate custom applications directly into DSCVR’s social feeds. With just a few tweaks any web application can be made into a Canvas application. Combined with DSCVR’s API, Canvas provides an easy-to-build framework to launch and distribute embedded apps...