Leon Li, the founder of the cryptocurrency exchange company Huobi Group, is presently in talks with numerous investors within and beyond the crypto industry about selling his majority stake in the company for almost $1 billion. Some of the suspected buyers are Justin Sun and Sam Bankman-Fried. FTX, Tron founders rumored to be potential buyers…
According to MakerDAO co-founder and cryptocurrency expert Rune Christensen, the DAI stablecoin may free itself from its USD peg by selling all its USD Coin (USDC) holdings. Christensen made the comments on Thursday on MakerDAO’s official Discord channel. MakerDAO might convert USDT to ETH The DAI stablecoin is currently backed by USDC at a rate…
On Thursday morning, Ether (ETH) passed $1,900 following the successful transition of the final and major testnet “Goerli” to the proof-of-stake chain. This is the highest level ETH has been in the past two months Goerli testnets moves to PoS At 01:45 UTC, one of Ethereum’s biggest and most active test networks, Goerli, transitioned from…
As the second-largest blockchain Ethereum gradually nears the long-awaited Beacon chain merge phase, it’s becoming apparent that not all the network users and miners are interested in the new chain. Forking Ethereum won’t be easy Popular Chinese cryptocurrency miner Chandler Guo has been leading the talks about forking the current Ethereum PoW network. Guo intends…
Australia’s central bank has yet to launch a digital currency project (CBDC). However, it is looking to explore the economic benefits a CBDC would offer. Australia’s central bank said on Tuesday it would launch a year-long research program on CBDC. The aim is to explore the potential economic benefits such digital currencies can bring. The…
Shiba Inu has revealed the name for its upcoming video game, Shiba Eternity The Shiba Inu game finally has its official name, and SHIB reveals that the game is called Shiba Eternity after teasing a logo reveal yesterday. The revelation of the name and logo for the long-awaited video game came as part of the…
James Howells signs away some of the ownerships to his missing 8,000 bitcoin to incentivize the council’s permit. The UK national, James Howells, who claimed to have lost an 8,000-bitcoin wallet in a dump, is now doubling down on his previous efforts to retrieve the missing wallet from the Newport landfill. $182 million bitcoin lost…
Polygon’s co-founder Sandeep Nailwal has cleared the tension among the network users regarding a whooping 1.4 billion MATIC tokens unlocked from the vesting contract to the Polygon foundation on August 1. Also read: Polygon MATIC price prediction Polygon unlocks 1.4 billion MATIC from vesting contract Cryptocurrency researcher Sam Martin first reported that the Ethereum scaling…
North Korean hackers are hijacking online profiles on LinkedIn to seek remote jobs in crypto companies to gain information for their attacks. North Korean hackers have upgraded their tactics to exploit cryptocurrency companies. Reports have shown that the hackers are now plagiarizing online LinkedIn Resumes. They apply to crypto positions with fake profiles claiming to…
The US-based crypto exchange Coinbase has earlier asked the SEC to create rules that work for digital asset values. Bloomberg reported Monday that the US Securities and Exchange Commission has reportedly launched an investigation to find out whether cryptocurrency exchange Coinbase allowed Americans to trade digital assets that should have been registered as securities. SEC…