Author: Muhammad Ali

Shiba Inu’s Lucie predicts a supercycle amid crypto market chaos. Discover how Lucie, a prominent Shiba Inu community planner, foresees a major rebound for the meme coin as Bitcoin’s halving event approaches. Read about the potential impact on Shiba Inu’s value and the anticipated trends in the crypto market. The cryptocurrency market has seen turbulent times recently, with several coins taking significant hits. However, Lucie, a prominent planner and analyst within the Shiba Inu community, maintains an optimistic outlook on the future of the popular meme coin. Despite the ongoing chaos, Lucie predicts that Shiba Inu is on the brink…

Coinbase’s latest move sees the discontinuation of pUSDC withdrawals on Polygon, yet users retain the ability to deposit and withdraw USDC. This shift underscores evolving strategies in the cryptocurrency market. In a significant development in the world of cryptocurrency, Coinbase, one of the leading cryptocurrency exchange platforms, has announced that it will no longer support the withdrawal of pUSDC, the wrapped version of the USDC (USD Coin) on the Polygon network. This decision comes as part of a strategic shift in Coinbase’s support for various digital assets, and it takes effect immediately. Despite this change, users will still have the…

Stars Arena recovers 90% of stolen crypto after October exploits, rewarding hacker with a 10% bounty Recently, the Web3 social media platform has managed to reclaim a substantial portion of the cryptocurrency stolen in an October 7th exploit. The platform confirmed that nearly 90% of the 266,000 Avalanche (AVAX) tokens, valued at approximately $3 million at the time, have been returned. This significant recovery comes in exchange for a 10% bounty offered to the person responsible for the breach. In an announcement via X today, Stars Arena revealed that they had agreed with the exploit’s orchestrator, offering them a 27,610-AVAX…

The Department of Justice aims to prevent FTX founder Sam Bankman Fried from using AI investment evidence in an ongoing fraud trial. Stay informed on this legal maneuver’s implications. The US Department of Justice (DOJ) has filed a motion to prevent Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX Derivatives Exchange, from mentioning his involvement in the Artificial Intelligence (AI) company Anthropic during his fraud trial. The DOJ alleges that Bankman-Fried misused customer funds to invest $500 million in Anthropic in 2022, which is now valued at over $2 billion. Anthropic’s Success Irrelevant To Fraud Charges, DOJ Claims…

Bitcoin maximalist Max Keiser criticizes DeFi after ThorSwap suspends operations due to FTX hacker, highlighting concerns about DeFi’s vulnerability. In a recent turn of events, prominent Bitcoin maximalist Max Keiser has voiced his concerns about the decentralized finance (DeFi) sector following the suspension of operations by ThorSwap. The DeFi platform decided to halt its activities in response to an attempt by the FTX hacker to convert stolen Ethereum (ETH) through its platform. The FTX exchange fell victim to a hacker last November, resulting in the theft of millions of dollars worth of cryptocurrencies. The thief then managed to convert a…

Dive into the crypto whirlwind as Shiba Inu experiences an astonishing 353% surge in 2.6 trillion SHIB transactions. Explore the crypto universe’s reaction to this spectacular surge. In a truly astonishing turn of events, the Shiba Inu (SHIB) ecosystem has witnessed an extraordinary surge in significant on-chain transactions that has left the cryptocurrency community in sheer disbelief. As reported by IntoTheBlock in their recent analysis, the most remarkable aspect of this phenomenon is an astounding 353% spike in sizable transactions exceeding $100,000, all of which unfolded within a single day since the weekend commenced. This remarkable upsurge in substantial SHIB…

Discover how Stars Arena disrupts the socialFi space and takes on Elon Musk’s X in the Avalanche network. Explore their journey of resilience and innovation as they challenge the status quo in this exciting crypto showdown. In the ever-evolving landscape of the crypto asset industry, a new player has entered the ring, challenging the dominance of traditional social engagement platforms. Stars Arena, a socialFi platform built on the Avalanche network, is making waves with its unique approach to rewarding social engagement, despite a recent setback involving a network attack that resulted in the theft of approximately $3 million in users’…

The UK’s Financial Conduct Authority’s FCA regulations spark transformative changes at cryptocurrency giants Binance and OKX. Both exchanges undertake significant operational restructuring to align with the evolving regulatory landscape, reflecting the FCA’s impact on the crypto industry. In a significant move to adapt to the evolving regulatory landscape, two major cryptocurrency exchanges, Binance and OKX, have announced major restructuring efforts to align with the digital asset regulations put forth by the United Kingdom’s Financial Conduct Authority (FCA). Both Binance and OKX, well-known for their prominence in the world of cryptocurrencies, have occasionally found themselves embroiled in legal challenges. In light…

Explosive revelations at the FTX trial – Customers left betrayed as DOJ zeroes in on Bankman-Fried. Stay tuned for the latest updates. The trial against Sam Bankman-Fried, the CEO of the popular FTX crypto exchange, has opened a Pandora’s box of revelations, leaving customers feeling betrayed and the Department of Justice (DOJ) pointing fingers at the crypto mogul. In a dramatic day of testimonies at Manhattan’s grand federal courthouse, Marc-Antoine Julliard, a London-based commodities trader, shared his disillusionment with FTX. He admitted that FTX’s confident marketing had lured him in, creating an image of a trustworthy platform. Julliard had joined…

El Salvador’s “Lavapool” raises the El Salvador flag globally for sustainable cryptocurrency mining with volcanic energy, setting a pioneering example in renewable energy and blockchain technology. In a groundbreaking move that fuses sustainability and cutting-edge blockchain technology, El Salvador has unveiled its first-of-its-kind Bitcoin mining pool, “Lavapool,” powered by renewable volcanic energy. The announcement was made on October 4th by project operator Volcano Energy, marking a significant milestone in the country’s cryptocurrency journey. El Salvador’s Ambitious “Volcano Energy” Project With El Salvador recently adopting Bitcoin as an official currency, the nation is once again at the forefront of the crypto…