Developing better networks is one strategy for attracting more investors to the cryptocurrency market. Those that mine cryptocurrencies typically propose various enhancements to the network to increase its effectiveness, fulfill the users’ requirements, and resolve problems that prevent transactions from being completed seamlessly. In a recent turn of events, Litecoin announced the release of a … Read more
US Judge Michael Wiles has questioned the actions of the SEC in Crypto lender Voyager Digital and a crypto exchange Binance proposed business partnership. Voyager announced in December 2022 that it had chosen Binance.US as the company that had submitted the best and highest bid for its assets. The transaction is estimated to be worth … Read more
Following the failure of Terra Luna UST and FTX in 2022, there has been a growing chorus of voices in the United States advocating for regulating crypto asset markets. Already, authorities in the United States are investigating the FTX and Alameda case, and key personnel, including former Chief executive Sam Bankman-Fried (SBF) and ex-FTX head … Read more
The incorporation of AWS has been characterized as a step by IOST as one that will assist in expanding the Web 3.0 world. Protocol for decentralized blockchain networks As IOST wants to accelerate its expansion in the Web 3.0 industry, it has announced that it will be integrating with Amazon Web Services (AWS). Once the … Read more
Following the announcement that the cryptocurrency-friendly bank may be subject to regulatory inquiries, Silvergate shares fell by more than 44% percent at the start of trading! This level was seen three years back in 2020! Because of the investigation, Silvergate Capital said yesterday that it would be delaying (1) the release of its annual report. … Read more
On March 1, the cryptocurrency exchange Binance made the announcement that it would be launching the non-fungible token (NFT) marketplace application known as Bicasso. Bicasso is a novel NFT generator powered by artificial intelligence (AI), comparable to existing platforms such as DALL-E and Midjourney. What is Bicasso? Users are able to enter into their … Read more
In response to the recent $9.1 million security breach, Platypus Finance has established a compensation webpage for its customers. Users are able to check how much the platform owes them by using this portal, which operates in accordance with the decentralized finance (DeFi) protocol. The Platypus team clarified that in the event that customers uncover … Read more
A story published by Reuters on Tuesday stated (1) that the US payments firm Visa was pulling back on its cryptocurrency push amid a collapse within the industry. Those assertions, however, have been refuted by Visa at this time. The Head of Cryptocurrency at the processing company, Cuy Sheffield, responded (2) to the news via … Read more
Reports indicate (1) that Marathon Digital Holdings, Inc. anticipates recording revenue of $38.4 million for the quarter ending in December 2022. Even though this amount is three times higher than what the cryptocurrency miner made in the previous quarter, it is still lower than the $60.3 million that it made in the same time period … Read more
The cryptocurrency exchange known as Binance has responded to a report published by Forbes that asserts it secretly moved $1.8 billion in customer collateral. As AcyptoAnnals reported earlier, the leading cryptocurrency exchange reportedly shifted the assets that backed stablecoins without telling its consumers of the move. According to the report published by Forbes, Binance shifted … Read more