South Korean prosecutors are seeking jail time for the executives allegedly responsible for a $651 million cryptocurrency scam. The scam left approximately 8,000 people out of pocket, with investors unable to reclaim their money. The trial is currently underway at the Seoul Southern District Court, and the prosecution is pushing for prison terms of up
Cardano (ADA), a prominent blockchain platform known for its scalability and technological advancements, has made significant strides in the cryptocurrency market. In a recently released Messari report, Cardano’s achievements in the second quarter of 2023 were highlighted, solidifying its position as a leading player in the industry. This article provides a comprehensive analysis of Cardano’s
Financial markets have always been known for their unpredictability, leaving investors searching for reliable tools and insights to make informed decisions. While experts, charts, and algorithms have traditionally been relied upon, the rise of technology, particularly artificial intelligence (AI), has brought about a new wave of platforms that are changing the face of trading. One
The highly anticipated Ethereum layer 2 blockchain, Base, developed by Coinbase, kicked off its journey with a substantial influx of funds. Within just 24 hours of its launch, over $10 million poured into the network, according to Dune Analytics. This strong start is a positive sign for Base and indicates high investor confidence in its
Art collecting has always been about more than just the artwork itself. It’s about the artist behind the piece and the story that accompanies it. However, with the emergence of non-fungible tokens (NFTs), the art world has seen a shift in the way provenance is attributed to digital objects. This has sparked immense interest in
Binance Labs, a venture capital and incubator arm of the cryptocurrency exchange Binance, has recently announced a $5 million investment in Curve DAO Token (CRV). The purpose of this investment is to provide support to the decentralized finance (DeFi) platform following a recent attack. Yi He, the Co-Founder of Binance and Head of Binance Labs,
Aptos (APT) has been making headlines recently, with a sharp jump in price and a high trading volume. The tech giant Microsoft’s partnership with Aptos Labs on blockchain-based AI tools caused a significant reaction in the market, leading to a 17% surge in APT’s price. While there has been a slight pullback since then, data
Decentralized exchanges (DEX) on Coinbase’s recently launched layer2 network, Base, have achieved remarkable trading volume within a short span of time. In fact, Base has managed to outperform established layer1 networks such as Cardano (ADA) and others, less than 24 hours after its public debut. This groundbreaking achievement is based on data obtained from DeFiLlama.
In recent months, there has been increasing excitement in the cryptocurrency market surrounding Bitcoin spot ETF applications. However, what many may not be aware of is the growing number of Ethereum futures ETF applications that are closely following in its footsteps. As of August 10, there are a total of 14 Ethereum futures ETF applications
Render (RNDR) has experienced a tumultuous two months, with the cryptocurrency suffering a significant decline in value. After a major retracement triggered by a rejection from the $3.00 level, RNDR has plummeted to its current price of $1.70. This has raised concerns about the survival of the leading Web3 GPU project. In this article, we
