Cryptocurrency

Altcoins
How Shiba Inu Investor’s Courageous gas fees Test on Shibarium Beta Network is Changing the Future of Crypto!

A Shiba Inu investor has tested gas fees on the Shibarium Beta Network, a new blockchain platform being developed by the Shiba Inu community. The investor’s test aimed to evaluate the platform’s gas fees, a critical factor in the performance…

Cryptocurrency
Circle fights to save USDC after Signature Bank collapse: Will they succeed?

Circle, a leading issuer of the stablecoin USDC, has reportedly moved to restore investor confidence after an operational failure at Signature Bank caused some investors to lose access to their funds. Signature Bank’s Operational Failure Causes USDC Disruptions Signature Bank…

Cryptocurrency
Bitcoin Advocates Heartbroken as SEC Disapproves VanEck’s Spot BTC Trust Product – But Hope is Not Lost!

The United States Securities and Exchange Commission (SEC) has once again disapproved a Bitcoin exchange-traded fund (ETF) proposal, this time from asset manager VanEck. The proposal sought to create the VanEck Bitcoin Trust, which would have been traded on the…

Crypto Exchange
Coinbase pauses USDC to USD for the weekend – Puts investors in worry

Coinbase temporarily pausing USDC:USD conversions over the weekend possibly due to its Circle’s Silicon Valley bank exposure USDC was one of the most trusted stablecoin and with Circle’s undisclosed exposure puts investors at risk. With no prior warning, Coinbase decided…

Crypto Exchange
Binance has temporarily suspended auto-conversion of USDC to BUSD – Potentially due to Circle-Silicon Valley Bank exposure

As per Binance notification on twitter, Binance has temporarily suspended auto-conversion of USDC to BUSD due to current market conditions, specifically related to high inflows & the increasing burden to support the conversion. USDC( Circle) is in the center of…

Banks Crypto
Circle’s USDC Stablecoin’s Cash Reserves at Failed Silicon Valley Bank

Circle, a U.S.-based stablecoin issuer, has come under scrutiny after it was revealed that the company held a portion of its USDC stablecoin’s cash reserves at Silicon Valley Bank (SVB) as of January 17th. This comes after SVB was taken…

Crypto Exchange
Victim of Crypto Theft Fights Back: New Yorker Sues Coinbase for $96,000 Loss and Negligence

Jared Ferguson, a New York resident, is suing Coinbase for $96,000 worth of stolen cryptocurrency from his Coinbase wallet. He claims that the company is responsible for the theft and filed a complaint in San Francisco’s U.S. District Court on…

Altcoins
Hedera(HBAR) confirms that the mainnet breach resulted in the theft of millions of service tokens

Hedera Hashgraph(HBAR), a public distributed ledger technology (DLT) platform, confirmed on March 14, 2023, that millions of service tokens were stolen as a result of a breach in its mainnet. The incident occurred on March 10, 2023, and was reported…

Cryptocurrency
Revolutionizing Mining Operations:Jack Dorsey’s Block Unveils Powerful Mining Development Kit to Empower Developers!

Block, founded by Jack Dorsey, introduces a new mining development kit to enhance accessibility and openness for novel Bitcoin mining use cases through multiple components. Block, a blockchain infrastructure firm, has recently announced the release of its Mining Development Kit…

Cryptocurrency
Crypto tax filing made easy: CoinTracker partners with H&R Block for hassle-free tax season

CoinTracker, a cryptocurrency tax compliance software provider, has teamed up with H&R Block to help crypto investors easily and accurately file their tax returns. The partnership aims to simplify the process for individuals who have invested in cryptocurrencies by automatically…