Bitmain $54 Million Investment in Core Scientific: A Game-Changer in the Blockchain Industry

Introduction In a groundbreaking move that solidifies its position as a leader in the digital currency mining sector, Bitmain has announced a staggering $54 million investment in Core Scientific, Inc. This strategic investment, coupled with a new supply contract, is…

FTX Bows their Heads in Shame as a Former Alameda Employee Exposes How they Made Bitcoin Lose 87% in 2021

FTX and Alameda are two companies currently fighting for bankruptcy and court cases at many different levels. So, a former Alameda employee provided an insight into the company’s daily operations before the collapse.  Former Alameda Employee Exposes the Failed Crypto…

GMO Japanese Exchange to Provide Yen to XRP Users in Exchange for Delayed Songbird Airdrop

In an exciting development, GMO, a prominent Japanese cryptocurrency exchange, has recently announced its plan to provide Japanese yen deposits equivalent to Songbird (SGB) tokens to eligible traders who held XRP in 2020. The exchange made this announcement through a…

India’s Crypto Door May Stay Closed for 2 Years, Exchange Warns

In recent times, the cryptocurrency landscape has been a subject of intense discussion and speculation worldwide. As various countries grapple with the regulatory challenges associated with digital assets, India has emerged as a key player in shaping the future of…

Binance’s Delisting of Multiple Stablecoins in Light of MiCA Regulation

In light of the upcoming implementation of the Markets in Crypto Assets (MiCA) regulation in the European Union, Binance, one of the leading cryptocurrency exchanges, has raised the possibility of delisting multiple stablecoins from its platform. This move comes as…

Breaking! Stanford University is Now Involved in the FTX Scandal, Set to Return $5.5 Million

Stanford University is one of the most prominent universities in the world. However, they are currently in a mess after receiving donations from the former CEO of FTX.  Stanford University to Return Gifts From FTX  Sam Bankman-Fried Parents Connection in…

Lawsuit Against FTX Founder’s Parents Reveals Alleged Financial Misconduct

Introduction In a recent legal development, the parents of Sam Bankman-Fried, the disgraced founder of FTX, have been sued by federal authorities for their alleged involvement in enriching themselves with money stolen from customers. This lawsuit sheds light on the…

Trevor Lawrence Faces FTX’s Billion-Dollar Deception Allegations

Introduction: In a significant development surrounding the investor lawsuit stemming from the collapse of the FTX digital currency exchange, three notable endorsers, including NFL quarterback Trevor Lawrence, have reached settlements. The agreements with Lawrence, along with influential YouTube personalities Kevin…

Binance’s Founder, CZ, Criticizes Sam Bankman-Fried for Unwise Move of Criticizing Him to US Authorities

Introduction In the fast-paced world of cryptocurrency, few names have gained as much recognition and influence as Changpeng Zhao, commonly known as CZ, the founder of Binance. With a remarkable journey that led him to become one of the richest…

Coinbase Introduces Web3 Wallet Catering to Institutional and Enterprise Customers

Introduction In a significant move towards expanding its services, Coinbase, one of the leading cryptocurrency exchanges, has unveiled its highly anticipated Web3 wallet tailored specifically for institutional and enterprise clients. This groundbreaking development aims to revolutionize transactional interactions for major…