The Children of Heroes charity fund and the news outlet Cointelegraph have joined hands with the Cryptoverse to raise money and help war orphans in Ukraine. Per Cointelegraph, over 5,900 children who lost one or both parents in the Russian invasion of Ukraine have received support from the Children of Heroes.…

The Federal Reserve Board has taken enforcement action against Farmington State Bank, a small bank linked to now-defunct crypto exchange FTX, for engaging in undisclosed digital asset activities. According to a Thursday press release, the Federal Reserve Board, in collaboration with the Washington State Department of Financial Institutions, has directed Farmington State Bank, known as…

In the dynamic realm of cryptocurrency, Bitcoin (BTC) continues to capture attention as it showcases a rise of over 0.50%, reaching $26,133 on Sunday. Notably, the support at $26,000 appears to have effectively prevented further losses for the cryptocurrency.Furthermore, the prominent entity MicroStrategy is contending with substantial unrealized losses amounting…

China’s economy slipping into deflation for the first time in more than two years might have negative near-term impacts on Bitcoin (BTC). In the latest episode of Macro Markets, analyst Marcel Pechman argued that deflation in China, which economists believe is an issue, would leave short to mid-term adverse impacts on Bitcoin, commodities, as well…

Per Nansen’s Arbitrum Quarterly Report for Q2 2023, the Arbitrum (ARB) airdrop on March 23, 2023, led to a peak in users and transactions. Following the ARB airdrop, daily transactions and user numbers have consistently exceeded the chain’s past averages.Arbitrum, an Ethereum rollup hosting asset valued at $5.77 billion, sustained…

The highly-anticipated launch of Shibarium has been big news this week, after a huge influx of transactions overwhelmed the new main-net bridge on Wednesday – igniting a -28% tumble in SHIB price.While typical of many big crypto launches, which often follow the adage ‘buy the rumour, sell the news’, the…

Crypto trading giant Coinbase, which stepped foot into the Canadian markets early this week, is set to suspend trading of three stablecoins, effective August 31.The company wrote to its users on Thursday that it would no longer allow trading of Tether (USDT), Dai (DAI) and Rai Reflex Index (RAI) tokens…

A Mantle community member has proposed the restriction on an automatic migration of FTX BIT tokens to Mantle (MNT) citing disqualifying factors.A debate sparked by members of the Mantle Decentralized Autonomous Organization (DAO) on the ongoing token migration of certain companies including the FTX exchange has gone mainstream as the…

Friday, August 18, 2023 – Despite the ongoing crypto crash, the Wall Street Memes coin has raised $25 million in its presale and today officially announces its new staking service and top-tier exchange listings coming on September 27th.Meme stocks-inspired community-powered coin Wall Street Memes is now only around $900k away…

Hong Kong has set its sights on becoming a major crypto hub as the region actively promotes the development of Web3. The Securities and Futures Commission (SFC), the country’s main financial regulator, is ostensibly accompanying this ambition with plans to regulate the crypto space by granting licenses for retail crypto exchanges. As of late, Hong…