Tag Archives: News

Just a few hours ago, the Ethereum founder deposited 400 ETH to Coinbase. With the price of ETH at $1,573.35 as of the time of writing, the value of the transfer amounts to an impressive $629,200. Ethereum co-founder Vitalik Buterin has recently been observed engaging in noteworthy transactions involving ETH, specifically directing substantial deposits to Coinbase. This development has sparked a myriad of conversations, speculations, and a quest to understand the motives behind such...

Mixin Network immediately suspended the deposits and withdrawals stating that they would soon announce their decision to deal with the lost assets. Earlier today, the decentralized finance (DeFi) project Mixin Network announced the suspension of all deposits and withdrawals after losing $200 million in crypto assets in a recent hack. The SlowMist team was the first to report this incident. It also noted that the breach happened through a compromise in Mixin’s cloud service database....

The couple purchased 4 real estate properties and also sent 4 million AUD to Malaysian bank. Melbourne-based couple who accidentally got $10.5 million shall be facing a plea trial in October amid theft charges for spending all the funds that were mistakenly sent by Crypto.com. In May 2021, Thevamanogari Manivel initiated a fund transfer to her partner Jatinder Singh’s Crypto.com account. However, the exchange identified a discrepancy between the bank account and the exchange account. As a...

Within the newly announced collaboration, Amazon will invest as much as $4 billion into Anthropic, with AWS becoming Anthropic’s primary cloud provider for mission-critical workloads. American e-commerce giant Amazon.com Inc (NASDAQ: AMZN) has announced a strategic partnership with San Fransisco-based AI safety and research startup Anthropic. Within the deal, Amazon and Anthropic will work on developing advanced generative AI models that are safer, better-performing, and more reliable....

Central Banks around the world are grappling with the difficult task of managing excessive inflation while maintaining economic development. In recent times, Central Banks in the European Union (EU) are facing a triple dilemma that demands delicate balancing acts and strategic decisions following persistent high inflation that is threatening to cripple the economy. The Triple Dilemma Carsten Brzeski, the Global Head of Macro at Dutch bank ING, succinctly sums up the challenge facing...

Stellar lumen price is gaining pace below the $0.118 resistance zone against the US Dollar. XLM price is now trading below $0.1175 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.1130 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.1170 resistance. Stellar lumen price is trading below $0.1180 against the US Dollar, like Bitcoin. XLM price...

Ripple price started a downside correction from the $0.5250 zone against the US dollar. The price is now trading below $0.510 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.5095 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.4850. Ripple price is consolidating near $0.500 against the US Dollar, unlike Bitcoin....

A $9 million crypto case has been thrown out of court. Mark Shin was recently charged with theft, cybercrime theft, and money laundering after prosecutors accused him of using a software update to his advantage and to create his own digital currency. Mark Shin is Breathing a Sigh of Relief While the evidence appeared damning at the time, the judge overseeing the case had decided there isn’t much there. John Kellner – the 18th Judicial District attorney – explained...

David Rubenstein is a billionaire that’s suddenly seeing bitcoin in a whole new light. He commented in a recent interview that bitcoin is here to stay, and that it’s likely to make huge waves throughout the financial arena. David Rubenstein is a BTC Fan The big thing that’s caused him to change his mind is the fact that BlackRock – one of the biggest standard monetary institutions in the world – has decided to enter the bitcoin industry through a new ETF...

Microsoft has teamed up with layer-1 blockchain firm Aptos Labs to further establish its presence in both the web3 and artificial intelligence (AI) arenas. Microsoft and Aptos Have Joined Hands Mo Shaikh, the co-founder and CEO of Aptos Labs, commented in an interview: The primary focus for both of us is solving our respective industries’ problems. Aptos will run validator nodes on the Azure Cloud hosted by Microsoft, a move slated to bring higher degrees of...