ZachXBT has accused several influencers of engaging in pump-and-dump scams and profiting from the misery of others. This time, the on-chain sleuth has targetted yet another figure who goes by the name ‘DannyCrypt,’ for allegedly dumping on his followers. The crypto influencer in question was accused of receiving 2% of the supply of a certain token to assist with marketing. However, 15 minutes after receiving the tokens, he allegedly dumped the majority of them for $57k (31...
Read More »Will The Lightning Network Save the Day for Bitcoin’s Mempool Pileup?
While Bitcoin had whittled down waitlisted transaction orders by Wednesday, network congestion remains high. Median confirmation time hovered markedly above ten minutes. The on-chain metric for Bitcoin network fulfillment sits at a high unseen since Feb 2023 and Dec 2022. Meanwhile, hundreds of thousands of transactions at a time sit waiting to be confirmed. That’s far above normal levels in the tens of thousands. The extent of network lag is so high that at least one...
Read More »FUNToken listed on a top tier exchange, MEXC
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up FUNToken is excited to announce that it has been listed on MEXC, a top-tier cryptocurrency exchange. This is a significant milestone for FUNToken, giving users more options to trade and buy FUN on different exchanges. The FUN/USDT trading pair is available on MEXC as of May 9th, providing users with a fast,...
Read More »Nexo to Dissolve UK-Based Units in Restructuring Plans
Nexo – a popular cryptocurrency lending platform – is dissolving two business units based in the United Kingdom while it deals with regulatory issues in other parts of Europe and North America. The latest steps are part of a “restructuring” effort that will still involve Nexo continuing operations within the country. As reported by BNN Bloomberg, filings from this month show that the lender has applied to remove both Nexo Financial Services Ltd. and Nexo Clearing and...
Read More »Eurexcoin.com Seeks to Become the Safest Crypto Exchange
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Eurexcoin.com, a leading digital currency trading platform on the European continent, just announced that it’s going to be enhancing its security and protection methods tenfold. Eurexcoin.com Seeks to Enhance Its Security The crypto space is wrought with fraud and illicit attacks carried out on crypto...
Read More »Emirates Group Reports Record Annual Profit of $3B after Prior Devastations of Covid-19 Restrictions
Emirates Group announced global freight expansion to different destinations including Tanzania, Germany, Canada, and Brazil. Emirates Group, a state-owned Dubai-based international aviation holding company, released its 2022-2023 financial results. According to the announcement, Emirates achieved a record annual profit of AED 10.9 billion, approximately $3 billion. The airline service company was impressed with the financial year 2022-2023, after posting a huge decline in operations during...
Read More »PacWest (PACW) Shares Plunge 23% after Revealing 9.5% Decline in Deposits
There are various choices accessible to PacWest Bancorp that could assist the business overcome the present shares devaluation. PacWest Bancorp (NASDAQ: PACW), a regional bank based in California, is seeing its shares plummet by 23%, days after reporting a 9.5% drop in deposits for the week ending May 4, 2023. Notably, the decline in deposits was attributed to media reports that the regional bank was considering several strategic options in the wake of the current banking chaos in the US....
Read More »Driven by Community not VCs, PEPE Fans’ Comeback on Coinbase’s ‘Ill-Conceived’ Take
Pepecoin (PEPE) made quite a significant upheaval in the sluggish crypto market. From less than $1 million at the launch, its market cap swelled close to $2 billion in just weeks. The frog-themed memecoin in the crypto universe dominated by dog-themed coins is bound to trigger funny memes. And one such meme attempt by Coinbase doesn’t seem to have landed well, and the crypto exchange is at the receiving end of a “well-deserved” backlash from PEPE fans and holders. PEPE as a...
Read More »Join the Sports Tournament on 1xBit: Any Ticket Can Turn Up 50 mBTC
[PRESS RELEASE – Please Read Disclaimer] The Super Six tournament is gaining momentum on 1xBit. Winners of the second round have already claimed their winnings but the prizes from the 6 BTC prize pool are yet to dry out. Now is the perfect time to join the Super Six tournament, as the next prize draw starts very soon. Bet on your favorite football league and win big! How to join the Super Six Tournament First, you must create an account on 1xBit or log into your dashboard if...
Read More »A Look at Crypto Regulation Ideas Across the Globe
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up How does crypto regulation work around the world? It appears to be different in every country, and the goal is to try and find the best approaches and take the best points from each to form a solid roadmap for traders everywhere. Crypto Regulation Differs Depending on the Country There has been a huge call for...
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