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Crypto exchange HashKey recently announced that it will be ending support for Binance-related transactions next month. This decision comes as part of a change in policy, although specifics of the new rules have not been disclosed. The Hong Kong-based platform will restrict deposits from Binance starting on May 10 and will completely cease support for
On April 18, the troubled FTX exchange made a bold move by emptying its FTT treasury account to a new wallet address. The transferred assets from the FTT Treasury wallet included 195.87 million FTT tokens valued at approximately $247 million, 1,938 ETH valued at around $6 million, and 6.36 million JOE tokens worth $3.25 million.
In a recent interview, Anthony Scaramucci, the founder of Skybridge Capital, made a bold prediction regarding the future of Bitcoin. He suggested that the price of Bitcoin could potentially reach $200,000 following its upcoming halving event. This forecast comes at a time of increased volatility in the cryptocurrency markets, with geopolitical tensions and economic uncertainty
In the world of scientific research, traditional gatekeepers such as scientific journals have long benefited from the hard work and findings of the scientific community. Unfortunately, this has led to an unequal distribution of resources and the centralization of scientific knowledge. Scientific journals, while crucial for spreading information, are facing numerous challenges such as article
Binance, the world’s largest cryptocurrency exchange, faced a ban from the Indian government due to its lax adherence to regulatory frameworks, including the Prevention of Money Laundering Act (PMLA) and the taxation framework for virtual digital assets (VDA). However, after agreeing to pay a hefty penalty of approximately $2 million, Binance is now set to
The recent amended complaint filed by the US SEC against Justin Sun and other defendants has raised eyebrows in the legal and cryptocurrency communities. The argument that Sun’s alleged visits to the US should grant the SEC the jurisdiction required to pursue legal action seems tenuous at best. While it is true that Sun spent
The recent announcement of Sony and Microsoft’s plans to incorporate blockchain technology into their consoles has sparked a new era in the gaming industry. By integrating Non-Fungible Tokens (NFTs) into Playstation and Xbox games, players will have the opportunity to truly own their in-game assets and trade them with others. This shift towards ownership of
Recently, crypto analyst Trend Rider has pointed out the potential for Cardano (ADA) to experience a significant price rally in the near future. According to Trend Rider’s analysis, Cardano could potentially rise to as high as $3 when this rally takes place. The analyst mentioned in a social media post that history could repeat itself,
As the world of cryptocurrency continues to evolve, Ethereum (ETH) has made headlines with its impressive rise of nearly 100% in the first quarter of 2024. Not only has the price action caught the attention of investors, but the Ethereum blockchain itself has also generated substantial profits, amounting to $369 million during this period. This