A large investor who bought approximately $3 million worth of Pepe tokens just a few days ago is currently facing an unrealized loss of approximately $600,000. The price of the newly introduced memecoin Pepe (PEPE) has plummeted by over 42% shortly after achieving its record peak on May 6, resulting in substantial paper losses for…
Worries spread on Crypto Twitter about a potential denial of service (DoS) attack targeting the Bitcoin network. Over the weekend, a sudden increase in Bitcoin transaction fees and unconfirmed transactions, causing Bitcoin BTC prices to drop to $28,307, raised concerns on Crypto Twitter about a possible Denial of Service (DoS) “attack” on the network. Several…
Binance Freezes Bitcoin Withdrawals Again, This Time Within 8 Hours of the First Pause. Binance has once again temporarily stopped allowing users to withdraw bitcoins due to a significant increase in congestion on the Bitcoin network. We've temporarily closed #BTC withdrawals due to the large volume of pending transactions. Our team is currently working on…
Brighter Digital Group, a well-known Blockchain and Web3 development company based in Rwanda, has recently launched a successful and widely embraced Social e-Commerce platform known as “Ni-he.” This platform has garnered significant attention and has attracted more than 10,000 users from various countries, including Rwanda, Burundi, Kenya, Congo DRC, Cameroon, Tanzania, Nigeria, Ghana, South Africa,…
On May 4, Celsius announced that its customers would have the opportunity to withdraw the remaining 6% of their funds. In January, the attorney general’s office of New York filed a lawsuit against Celsius. Celsius Network, a platform for lending cryptocurrency, has revealed that specific customers will soon have the opportunity to reclaim their entire…
On May 7, the Bitcoin transaction backlog reached a high point, with more than 400,000 transactions waiting to be processed in the Bitcoin mempool. On May 7, crypto exchange Binance temporarily halted Bitcoin (BTC) withdrawals, citing an alleged surge in transactions overwhelming the Bitcoin network. At the time of writing, the Bitcoin mempool contained more…
Despite China’s current ban on digital assets, the regulation of its cryptocurrency sector is still undergoing changes and advancements. According to a report by Wu Blockchain on May 7, China’s Supreme Court has issued guidelines on cryptocurrency-related disputes. The guidelines state that it would be legally acceptable to settle a debt using a small amount…
James Murphy, a lawyer with expertise in cryptocurrencies, discussed the legal conflict between the SEC and Coinbase. James Murphy, a prominent cryptocurrency lawyer in the United States, addressed the regulatory pressure imposed by the Securities and Exchange Commission (SEC) on the cryptocurrency exchange Coinbase. Murphy expressed his belief that the SEC would have a high…
According to a cryptocurrency trader, the prices of Ethereum (ETH) are expected to decrease or experience a slowdown in the coming days. This prediction follows the findings of LookOnChain, an on-chain monitoring tool, which discovered that an increasing number of ETH holders are transferring their coins to centralized cryptocurrency exchanges such as Binance and Kraken….
OKX Records Highest Trading Volume of $650 Million Binance holds the largest amount of PEPE tokens, with 5.87% of the total supply. The trading activity for Pepe (PEPE), a meme-based currency featuring a cartoon frog, has experienced a significant surge in recent times. According to Wu Blockchain, who sourced the information from CoinMarketCap, the spot…