Daily Archives: March 27, 2023

Crypto Exchanges
Binance Confronts CFTC Lawsuit Over Alleged Regulatory Breaches

Binance Confronts CFTC Lawsuit Over Alleged Regulatory Breaches

Binance, one of the largest cryptocurrency exchanges in the world, and its CEO, Changpeng Zhao, are being sued by the

News
EU Council’s Data Act Draft Hosts EU Smart Contract Regulations

EU Council’s Data Act Draft Hosts EU Smart Contract Regulations

Smart contracts would reportedly be required to host a “kill switch” as per the European Union’s (EU) revised Data Act

Market News
Want To Know Who Will Claim $10 In Three-Month; Polygon (MATIC) or Polkadot?

Want To Know Who Will Claim $10 In Three-Month; Polygon (MATIC) or Polkadot?

Polygon network offers smart contracts development and maintenance, while Polkadot users can use smart contract by utilizing the Parachains Cryptocurrency

News
$7.8 Million Stolen from LaunchZone DeFi Project Due to Security Breach

$7.8 Million Stolen from LaunchZone DeFi Project Due to Security Breach

LaunchZone, a decentralized finance (DeFi) platform on the Binance Smart Chain (BSC), has suffered a significant security breach that has

Market News
Cryptocurrencies Trade Near Support Levels, With Bears in Control

Cryptocurrencies Trade Near Support Levels, With Bears in Control

Cryptocurrency markets have seen a recent downturn in prices over the past few hours, with bears taking control of the

News
Crypto Companies Find New Friends in Chinese Banks, Thanks to Hong Kong

Crypto Companies Find New Friends in Chinese Banks, Thanks to Hong Kong

Chinese state-owned banks are reportedly courting cryptocurrency firms in Hong Kong, despite a crypto ban in China. Several sources have

News
On-Chain Metric Bitcoin Long-Term and Short-Term Holders Shares Increasing; What Does It Mean?

On-Chain Metric Bitcoin Long-Term and Short-Term Holders Shares Increasing; What Does It Mean?

Bitcoin price hovers near $28k as short-term holders have locked in the highest profits sinceNovember 2021 all-time high Bitcoin price

News
Venezuela Cracks Down on Crypto-Oil Scandal: 21 Officials and Businessmen Arrested

Venezuela Cracks Down on Crypto-Oil Scandal: 21 Officials and Businessmen Arrested

Venezuela has made a major breakthrough in an anti-corruption investigation involving an alleged cryptocurrency-related oil scheme. The country’s attorney general,

News
Gucci Takes on the Metaverse: Luxury Fashion Brand Partners with Yuga Labs for Web3 Adventure

Gucci Takes on the Metaverse: Luxury Fashion Brand Partners with Yuga Labs for Web3 Adventure

Luxury fashion brand Gucci has announced a new partnership with Yuga Labs. This well-known Web3 company creates NFT collections such

News
Kokomo Finance Vanishes With $4m, Leaving Investors With Worthless Tokens

Kokomo Finance Vanishes With $4m, Leaving Investors With Worthless Tokens

Kokomo Finance, an open-source and non-custodial lending protocol on Optimism, conducted an exit scam and stole approximately $4 million in

News
Arbitrum TVL Soars 22% Weekly Following Much-Anticipated ARB Airdrop

Arbitrum TVL Soars 22% Weekly Following Much-Anticipated ARB Airdrop

Arbitrum, a popular Ethereum layer-2 scaling solution, is making waves in the decentralized finance (DeFi) space after its much-anticipated ARB

News
Shibarium Documentation Reveals Major Plans for Shiba Inu Ecosystem

Shibarium Documentation Reveals Major Plans for Shiba Inu Ecosystem

The Shiba Inu development team has released the public documentation for the highly anticipated Shibarium beta, a blockchain layer-2 solution