by Enoch Mwathwa Do Kwon has pleaded guilty in a $40 billion crypto fraud case linked to Terraform Labs. The former CEO now faces sentencing after admitting to conspiracy and wire fraud charges related to the collapse of TerraUSD and Luna. Do Kwon Pleads Guilty in Federal Court Do Kwon appeared in federal court wearing […]
Global financial services company Western Union’s acquisition of International Money Express, Inc. (Intermex) is drawing attention from the crypto space, as analysts highlight its potential boost for Ripple and XRP. With Intermex confirmed as an On-Demand Liquidity (ODL) user of Ripple, the deal could strengthen blockchain-powered payment flows across the US while expanding Western Union’s […]
A math-based scenario is getting attention in markets this week. According to experts, Ether’s market value has historically moved to about 30–35% of Bitcoin’s market cap during major bull runs. Related Reading If Bitcoin climbs to $150,000 from its current price of $119,250, that ratio would put Ether near $8,656 at the top end of […]
Key Takeaways OKB price surged over 170% after OKX announced a major token burn and tokenomics upgrade. OKTChain will be decommissioned, with OKT holders receiving OKB via an automatic conversion. Share this article OKB, the native token of crypto exchange OKX, spiked approximately 170% within an hour after the platform unveiled a sweeping tokenomics overhaul […]
by Vincent Muthee Stripe, a traditional financial giant, is making a bold move towards blockchain adoption by allegedly developing its own blockchain. Although the firm has not made any official statement about the secret project, the move could transform the way fintechs perceive crypto. The firm’s secret blockchain development plans initially came to light after […]
Ethereum’s price trajectory has taken on a decisively bullish tone with its movement in the past 24 hours. Now, technical patterns are pointing to the possibility of a rally that would not only push it past its current all-time high of $4,878, but also carry it to as high as $8,500. A recent analysis by […]
Coinbase-incubated Layer 2 network, Base, has outpaced Solana in daily token launches over the past two weeks. Zora and Farcaster have significantly boosted Base token creation, pushing its daily launches above that of Solana’s. Token Launch Frenzy The data shared by CryptoRank revealed a dramatic shift beginning in July, when Base first surpassed Solana in […]
by Enoch Mwathwa A prominent Ethereum developer has been detained in Turkey, sparking concerns within the global crypto community. The arrest, linked to allegations of network misuse, comes amid the country’s growing crackdown on digital assets. Ethereum Developer Detained in Izmir Turkish authorities have detained an Ethereum developer known as “Fede’s Intern” in Izmir. Officials […]
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by Enoch Mwathwa U.S. labor market growth has slowed to its weakest pace in months, intensifying calls for a September interest rate cut. Federal Reserve Governor Michelle Bowman is pressing the Federal Open Market Committee (FOMC) to act at its September 16–17 meeting to support employment and avoid deeper policy moves later in the year. […]
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