US Prosecutors Accuse Former FTX CEO SBF of Bribing Chinese Government Officials
FTX Ex-CEO Sam Bankman-Fried now faces an additional charge involving bribery. US prosecutors claim that Bankman-Fried channeled over $35 million in crypto to several Chinese...
SafeMoon’s Liquidity Pool Compromised, Security Firm Blames Public Burn Bug
DeFi protocol SafeMoon announced on Tuesday that its liquidity pool had been compromised. The company, however, assured its community that it was working to solve...
What are Smart Contracts, and How Do They Work?
We all use various apps on a daily basis. It could be a calendar, a shopping app or a game. Behind the beautiful UI interfaces,...
Nvidia Says Crypto Adds No Value to Society Despite Earning From Mining
Nvidia, a computer hardware manufacturer, has generated substantial revenue from the crypto mining sector in recent years. However, the company's (CTO) Chief Technology Officer, Michael...
Daily Crypto Market Update – Lawsuit Against Binance Helps Bears Take Control of the Market
The Crypto market saw $40.1 billion in outflows over the past 24 hours. The total market cap currently sits at $1.18 trillion, down from $1.58...
BTC, ETH Drop as CFTC Charges Binance and Its CEO
On Monday, the Commodity Futures Trading Commission (CFTC) sued the world's leading crypto exchange Binance and its boss Changpeng Zhao. In a lawsuit filed with...
What’s a Decentralized Autonomous Organization (DAO)?
Decentralized autonomous organizations, popularly known as DAOs, are transforming how companies operate. These organizations are replacing the traditional bureaucracy with flat management structures controlled by...
Hot Topics on Crypto Twitter Over the Past Seven Days – Republicans Reject CBDC Plans
As cryptocurrencies continued to post gains over the past week following the collapse of Credit Suisse, which drove investors to pour their funds into the...
NFT Trader Unintentionally Burns $130k CryptoPunk
An NFT trader was distressed on Sunday after discovering that the CryptoPunk he bought for 78 ETH had disappeared after he mistakenly sent the expensive...
Daily Market Update – BTC Falls 3.5% as Liquidity Concerns Rise
The Crypto market capitalization has dropped by 2.3% to $ 1.17 trillion in the past 24 hours. During this period, BTC's market valuation decreased to...