Terra Classic market cap drops below $1 billion as SEC formally charges Do Kwon

Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, is experiencing a capital outflow after the United States Securities Exchange Commission (SEC) formally charged founder Do Kwon. The SEC is charging Terraform and Kwon with fraud, selling unregistered securities, and selling unregistered security-based swaps, among others. The capital outflow has resulted in […]

Bitcoin Rejected at $25K, Filecoin Explodes 18%

Rewrite and expand this content to 800 words After skyrocketing by almost $4,000 in two days, bitcoin finally met some serious resistance at $25,000 and was pushed south violently. Most altcoins have also retraced following the latest price gains, with a few exceptions. FIL stands as the most significant gainer today. Bitcoin Stopped at $25K […]

Top 2000 BSC Whales Now Hold 72M+ XRP Worth $28M

XRP remains a favorite among investors. A recent report revealed that the 2,000 largest whales on the Binance Smart Chain (BSC) network hold a massive 72.8 million XRP tokens valued at $28.4 million. According to figures from WhaleStats, the top 2,000 BSC whales are currently HODLing $28,400,326 worth of XRP tokens. This holding represents 2% […]

Calm Before the Storm: Is UK’s Financial Watchdog Gearing Up for Enforcement Action?

The past two weeks have seen the United States government cracking down on cryptocurrency firms, with the Securities and Exchange Commission (SEC) taking an increasingly hard stance against those who fail to adhere to their regulations. On the other side of the Atlantic, however, the United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), has […]

Optimism (OP) Jumps 11% With New Upgrade in Sight, Here’s What to Expect

Optimism (OP), the Ethereum-based Layer-2 (L2) blockchain protocol, has announced the rescheduling of its Bedrock upgrade vote cycle. The new upgrade will now take place from the 2nd of March to April 5, a wide time span that will give every interested community member the opportunity to participate in the important event. The upgrade is […]

Binance Convert Adds GAS and SNT

Rewrite and expand this content to 800 words Exchange Fellow Binancians, Binance is excited to announce that GAS and SNT have been added to Binance Convert. Users can now trade GAS and SNT against BTC, USDT and any other tokens supported by Binance Convert at zero fees. Check Indicative Prices & Convert to Your Target […]

Central Bank of Brazil President States Digital Real Pilot Is Imminent

The Central Bank of Brazil is making progress in the development of its central bank digital currency (CBDC), the digital real. President Roberto Campos Neto has recently clarified that the pilot test for the digital real will be starting now, and that the project is receiving assistance from private banks. Campos Neto estimates that the […]

Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year

Rewrite and expand this content to 800 words Finance Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 2022. A Feb. 16 report from blockchain analytics firm Chainalysis “analyzed all tokens launched” in 2022 on the BNB and Ethereum blockchains and found just […]