According to court documents, the legal actions taken against the bankrupt crypto lender’s business partners are expected to have a significant impact, exceeding $1 billion, on the creditors. Based on court documents, the legal actions pursued against the bankrupt crypto lender’s business partners are anticipated to greatly benefit the creditors, surpassing $1 billion in impact….
Representatives from the seven advanced economies showed they are dedicated to following the rules set by organizations like the FSB and IMF regarding cryptocurrencies and digital currencies issued by central banks. The G-7, a group of seven countries that work together on global issues, has shown that it is dedicated to using the rules that…
Q1 2023 revenue of $90.04M shows 88% growth from 2022 Q4. TRX volume rose 197% quarter-over-quarter. According to a report by Messari, an organization that provides market intelligence, the Tron blockchain experienced increased usage in Q1 of 2023. The total value of its native cryptocurrency, TRX, grew by more than 20% compared to the previous…
Both Samsung and South Korea’s central bank will work together to study how the country’s digital currency can be used for offline payments. Samsung Electronics has teamed up with South Korea’s central bank to study the use of digital currency issued by the bank for making offline payments. According to KBS World, on May 15,…
This particular altcoin, which is introducing an update today enabling token issuance on its network, is experiencing a rise in its value. The price of the altcoin Bitcoin Cash (BCH) has increased by up to 6% prior to its anticipated update. This update will enable developers to create tokens on the network, along with other…
After the introduction of LTC20 standard for non-fungible tokens (NFTs), smaller Litecoin addresses have been contributing significantly to network activity. While many cryptocurrencies have been experiencing selling pressure, the price of Litecoin (LTC) has increased by over 7.59% in the past 24 hours. It is currently being traded at $87.05 and has a market capitalization…
People who were found guilty have purchased Bitcoin at low prices when its value decreased throughout the past year. Over one million wallet addresses containing at least one whole Bitcoin (BTC) have been recorded, surpassing the milestone on May 13, as reported by Glassnode. When the price of Bitcoin dropped by more than 65% last…
If the current correlation between Bitcoin and specific macro charts is any indication, the price of Bitcoin could potentially drop to $15,000 in 2023. The price of Bitcoin, represented by the ticker symbol BTC, has increased by almost 60% from $27,129 to around $27,000 in 2023. This surge was driven by expectations that the Federal…
LBank Exchange, a worldwide platform for trading digital assets, added PEPEAI (PEPEAI) to its listings on May 12, 2023. This means that all users of LBank Exchange can now trade the PEPEAI/USDT pair. Introducing PEPEAI: LBank Exchange is excited to share the news of the upcoming listing of PEPEAI (PEPEAI), a creative cryptocurrency token that…
Cryptocurrency analysis platform Glassnode released a new analysis highlighting an important level to watch for in the world of Bitcoin. Glassnode, a well-known organization that provides market information for Bitcoin and other cryptocurrencies, shared an analysis of Bitcoin on its official Twitter account. The analysis specifically looked at the cost basis and profitability…