SHIB Experiences Surge as Tokens Worth $1.7 Billion Burned to Control Supply Steady SHIB Price Movements Indicate It’s Evolving Beyond a Meme Currency Bullish Buy Signal Emerges on SHIB/USD Chart with Golden Cross In the past 24 hours, an astounding amount of $1,695,572,371 (equivalent to $17,000) worth of SHIB has been burned with the aim…
SEC Sets Record with Whistleblower Award of $279 Million, Surpassing Total Awards in 2022 The SEC, which oversees financial markets in the United States, has given its biggest-ever reward to a whistleblower, amounting to a staggering $279 million. In general, the SEC gives awards to whistleblowers that fall within the range of 10% to 30%…
Bloomberg reports that the U.S. Department of Justice’s national security division is investigating Binance. They want to find out if Binance let Russian customers use their exchange, which would go against U.S. sanctions due to Russia’s invasion of Ukraine. Following a previous investigation in 2021 conducted by the Internal Revenue Service, the U.S. Justice Department…
The person who says they are Satoshi Nakamoto, the creator of bitcoin, is currently in a legal battle over who owns $143 million worth of bitcoin. A US judge ruled on Friday that Craig Wright, who claims to be the creator of Bitcoin, has provided incorrect information linked to $143 million in disputed cryptocurrency, indicating…
South Korean prosecutors argue that Do Kwon should be extradited to South Korea as they are better positioned to provide justice for the victims of the Terra-LUNA crash. On Friday, South Korean prosecutors recommended that Terra founder Do Kwon, who is currently facing trials in Montenegro, should be extradited to South Korea. They have been…
Solana is playing a significant role in the rise of xNFTs. The well-known NFT platform MagicEden has expanded its backing for the upcoming NFT brand-focused competition. Solana has gained a lot of attention from the crypto community lately due to its association with FTX and the success of NFTs like MadLads. The Solana Foundation recently…
Floki surges more than 55% within an hour following Binance listing announcement. The general feeling towards Floki appears to be optimistic. The price of Floki increased by more than 55% in just one hour after the announcement of its listing on Binance, a major cryptocurrency exchange. This is an important achievement for the $FLOKI token….
The “black box problem” in AI refers to the challenge of understanding how AI systems make decisions, which can create trust issues for users. To address this, strategies are being developed to make AI more transparent and accountable. Artificial intelligence (AI) has been getting a lot of attention lately because it has the potential to…
Letitia James, the New York Attorney General, is proposing a new bill that would give state regulators more power to oversee cryptocurrency. This comes after legal action was taken by James against companies like Celsius, CoinEx, and Nexo for alleged violations. New York’s Attorney General, Letitia James, has proposed a bill that would give the…
Zimbabwe’s central bank to sell digital tokens backed by gold at different prices for individuals and corporations. Zimbabwe’s central bank will start selling its gold-backed digital currency to investors from May 8. The bank has announced the selling price of its digital tokens – $10 for individuals and $5,000 for corporations and other entities. The…