Bitcoin (BTC) Rallies Back to $24k Despite Uncertain Market Conditions
The crypto market was subject to a sharp downturn following the collapse of Silvergate and the Biden plan. Just recently, many analysts believed that the...
The Collapse of Silicon Valley Bank – A Chain of Events
by Afroz Ahmad
In a recent development, the crypto friendly Silicon Valley Bank has collapsed, and the events surrounding it have unraveled rather swiftly. Apart from the temporary...
The FED Has Plans to Tackle Concerns Regarding Unregulated Stablecoins
by Afroz Ahmad
As per the recent development, the FED is geared up to deploy a team of experts to keep checks on developments in the crypto space....
Bitcoin (BTC) Slips Below $20K Amid Biden Budget and Silvergate Fallout
by Afroz Ahmad
The crypto market has, once again, taken a turn for the worst as Bitcoin (BTC) has slipped below the $20K mark after a few underwhelming...
Federal Judge Denies Consolidation Request Against FTX
by Afroz Ahmad
In a recent development in the FTX fiasco, United States District Judge Jacqueline Scott Corley has denied a request to consolidate several lawsuits against FTX....
US President Biden Aim to Impose Wash Sale Rule on Crypto
by Afroz Ahmad
The US President, Joe Biden has issued a stiff budget proposal. As expected, the 2024 fiscal year’s budget proposal impacts crypto investors and traders as...
Binance Proof-of-Reserve System Now Includes 11 New Tokens
by Afroz Ahmad
As per a recent development, Binance has upgraded its proof-of-reserve system to include an additional 11 tokens. The new tokens to be added with the...
Tender Fi Suffers an Exploit Attempt From a White Hat Hacker
by Afroz Ahmad
In a recent development, a hacker was able to drain almost $1.59 million from the DeFi lending platform, Tender Fi. As a result of the...
White House Says it is Closely Monitoring the Silvergate Fiasco
by Afroz Ahmad
The Biden administration at the White House has stated that it is fully aware of the ongoing situation with Silvergate, and will continue to monitor...
Yuga Labs Accumulates $16.5M After First Bitcoin NFT Auction
by Afroz Ahmad
The auction of Bitcoin Ordinal NFTs, held by Yuga Labs, has come to an end and has generated $16M in merely 24 hours. Approximately 288...