Justin Sun, the co-founder of Tron, a smart contracting platform for deploying decentralized applications (dapps), has been making significant moves in the crypto market. According to Lookonchain data on February 29, Sun transferred 100 million USDT to Binance after moving substantial sums earlier in the week. This strategic maneuver indicates Sun’s active participation in the
Crypto exchange Gemini recently reached a settlement with New York regulators to return a minimum of $1.1 billion to customers who were affected by the collapse of its Gemini Earn Program. This settlement also includes a $40 million contribution to Genesis Global Capital’s bankruptcy proceedings and a $37 million fine imposed by the New York
Bitcoin, the pioneering cryptocurrency that laid the foundation for the entire blockchain industry, has long been hailed as a digital gold and a store of value. However, it has faced criticism for its limitations in terms of scalability and functionality compared to other blockchains like Ethereum. With its network capable of processing only seven transactions
The Chief Executive Officer (CEO) of Bitwise, Hunter Horsley, has recently made a bold prediction regarding the future of Bitcoin. Horsley is highly optimistic about the cryptocurrency’s bullish outlook, foreseeing a significant rise to $250,000 in the near future. This prediction has sparked excitement among cryptocurrency enthusiasts, as Bitcoin continues to dominate the market with
The world of gaming has been transformed by a new player in the field – Parallel. While traditional trading card games like Hearthstone and Magic: The Gathering have long held the spotlight, Parallel brings a fresh approach with its innovative gameplay and captivating space opera setting. This NFT trading card game is breaking boundaries and
Ripple recently announced a partnership with the Axelar Foundation aimed at boosting interoperability within the XRP Ledger (XRPL) blockchain. The focus of this collaboration is to advance the tokenization of real-world assets (RWAs) within the XRPL ecosystem. By integrating the Axelar network with the XRPL, the goal is to strengthen the layer 1’s DeFi ecosystem
Senator Elizabeth Warren recently expressed her willingness to engage with the crypto industry under the condition that players in the sector adhere to regulatory standards similar to those in traditional finance. In a Bloomberg interview on Feb. 27, Warren highlighted the importance of collaboration with the industry. She raised concerns about the industry’s apparent stance
The recent rally in Bitcoin has been remarkable, with the price surpassing $61,000 for the first time since November 2021. This surge has not only attracted the attention of traditional investors but has also fueled the altcoin markets. As Bitcoin continues to climb, altcoins like Solana (SOL), Cardano (ADA), and XRP (XRP) have also seen
Bitcoin (BTC) has recently seen a surge of 5% in its value, bringing it closer to the highly anticipated $60,000 mark. This remarkable growth can be attributed to the increasing interest of investors in the world’s largest cryptocurrency, reaching levels not seen since the 2021 boom. The rise in price coincided with a surge in
The art world is undergoing a transformation as traditional forms intersect with the digital realm. The recent partnership between online trading platform Robinhood and Notable.art exemplifies this shift by introducing prominent artist Hunt Slonem’s work to a broader audience through the use of Non-Fungible Tokens (NFTs). This collaboration signifies a significant step towards bridging the