SafeMoon plummeted over 77% after the SEC charged the project’s team with fraud, alleging they rugged and misappropriated $200 million. The crypto market has sustained the green trend that commenced last week, with many assets recording surprising price gains. However, the SafeMoon token is seeing an equally shocking price performance amid the market bull rally. …
The development team behind Worldcoin, a blockchain-based iris-scanning project, has highlighted the growing adoption of its mobile wallet, World App. According to a blog post yesterday, the team claimed that World App has reached a milestone of 4 million downloads. It is worth noting that the figure accounts for both Android and iOS downloads. For context, the…
FTX and Alameda Research addresses have transferred an additional $46 million worth of Solana (SOL), Ethereum (ETH), Polygon (MATIC), and other crypto assets to Kraken, Binance, and Coinbase. The latest batch of movements began yesterday at 18:56 (UTC) when an Alameda Research-labeled address moved $2.1 million worth of SushiSwap (SUSHI). Following the SUSHI transfer, the…
Ripple gains DFSA approval for XRP in DIFC, enabling licensed virtual asset firms to offer XRP. Today, the Dubai Financial Services Authority (DFSA) approved XRP under its virtual assets regime – allowing licensed firms in the Dubai International Financial Centre (@DIFC) to incorporate XRP into their virtual asset services. Learn more: https://t.co/JNcd4ROhoI — Ripple (@Ripple)…
Attorneys representing former FTX CEO Sam Bankman-Fried (SBF) have recently attempted to paint their client as a victim, a move that John Deaton has openly criticized. During a recent Manhattan courtroom hearing, the legal team defending disgraced FTX founder Sam Bankman-Fried argued strongly about how the prosecution had mistreated their client. The comments, which formed…
SBI VC Trade, the crypto exchange division of the SBI Group, is inviting members of the Japanese crypto community to participate in a celebratory campaign to win Shiba Inu (SHIB) tokens. According to SBI VC Trade, the campaign to earn Shiba Inu commemorates “Kabosu-chan’s birthday.” Notably, Kabosu-chan, the beloved internet personality who served as the…
Cardano founder Charles Hoskinson has defended IOG, the project’s research and engineering arm, against community backlash. The founder of Cardano, Charles Hoskinson, has leaped to the defense of recent initiatives by Input Output Global (IOG), Cardano’s research and engineering arm. Hoskinson reiterated IOG’s commitment to onboarding millions of users into the Cardano ecosystem. Notably, Cardano’s…
The Mysterious Whale grabs $35 million worth of SHIB tokens as Shiba Inu Ecosystem continues to make significant advancements. Whale Alert, a leading blockchain data tracking platform, recently uncovered the emergence of a brand-new Whale. This deep-pocketed investor acquired 4,464,530,677,374 (4.46 trillion) SHIB tokens, equivalent to $35,359,082 ($35.35 million). According to the disclosure, the colossal…
Input Output Global has become the official guardian of Nami Wallet, a popular browser-based wallet solution for the Cardano ecosystem. One of the most popular wallets within the Cardano ecosystem has a new steward. On November 1, Input Output Global (IOG), Cardano’s research and engineering arm, added Nami Wallet to its family of products. Introducing…
Shiba Inu’s lead developer, Shytoshi Kusama, has addressed concerns regarding SHIB burns once again. Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has provided an update on SHIB burns. Kusama took to one of Shiba Inu’s official Telegram groups to address community members expecting “magic burns” for SHIB. During the conversation, Kusama highlighted how…