Overlooked DeFi Altcoin Skyrockets Over 720 in a Week
An altcoin from the decentralized finance (DeFi) sector has outperformed the entire crypto market by a large margin over the past seven days as the project...
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Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says
The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for...
Kenyan Activists Say Cryptocurrencies Have the Potential to Create New Ways for Young People to Earn’
According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added...
FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy Hundreds of Millions to Help Crypto Industry
The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX...
Bitcoin network difficulty drops to 27693T as hash rate eyes recovery
Network difficulty is a means devised by Bitcoin creator Satoshi Nakamoto to ensure the legitimacy of all transactions using raw computing power. The reduced difficulty allows...
Samuel BankmanFried Seeks To Acquire Bithumb, SKorea’s Second Largest Crypto Exchange
Samuel Bankman-Fried, the founder and CEO of FTX, is hunting for acquisition targets as the market crashes. SBF acquired various crypto firms last month, including Voyager...
Holding Stablecoins Was More Profitable Than Fiat in 2022 Report
CryptoQuant – a blockchain analytics firm – has released a report evaluating data around stablecoins and their peg-robustness. It found that holding almost any of the...
Finnish Customs Sold Seized Almost 2,000 Bitcoins
According to the official announcement, the customs seized the funds during drug busts and had been legally forfeited to the state following court rulings. The bulk...
Ethereum Outflows Hit Record High On Exchanges, Claims Glassnode Data
Now, an analytics firm, Glassnode claims that exchanges are witnessing a record high outflows of Ethereum alongside the price surge. As per the analytic platform, when...
South Korea Proposes to Defer Planned Crypto Tax Until 2025
The tax plans for the digital asset sector were originally to kick in from January 2022. But in December 2021, the previous government deferred it for...
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