Per local news outlet Chosun Ilbo, the South Korean court has issued an arrest warrant against Do Kwon, Terraform labs founding member Nicholas Platias, and one of its employees Han Mo  Per the report, the warrants have been issued under the violation of the Capital Markets Act Per a local news outlet Chosun Ilbo, the South Korean court has issued […]

The total number of transactions conducted on the Solana ($SOL) network is nearing the 100 million mark, at a time in which institutional investors keep betting on products offering them exposure to the cryptocurrency, despite the ongoing bear market. According to data from Solana’s blockchain explorer, the network has now processed a total of 96.62 million transactions and is currently […]

A popular cryptocurrency analyst has suggested that Cosmos ($ATOM) could see its price nearly double if a cryptocurrency market rally is ignited by Ethereum’s upcoming Merge upgrade, which will see the network transition from its current Proof-of-Work consensus mechanism into a Proof-of-Stake consensus. According to the host of Coin Bureau, which shared a video updating his 2.1 million YouTube subscribers, […]

Institutional investors have reduced their bets on the cryptocurrency space, but are still investing in altcoin investment products offering them exposure to Solana ($SOL), $XRP, and Cardano ($ADA), while largely retreating from Bitcoin ($BTC). According to CoinShares’ Digital Asset Fund Flows report, cryptocurrency investment products saw minor inflows totaling $9.2 million last week, although most inflows were directed at investment products shorting […]

Cardano’s creator Charles Hoskinson has on social media addressed the potential for $ADA tokens to be burned in response to suggestions from cryptocurrency community members who defended that burning tokens could make remaining tokens more valuable. In a tweet addressing one such suggestion, Hoskinson noted that there is “no magic reserve of Ada floating out there” and that all circulating […]

Cardano’s Charles Hoskinson has announced a new timeline for the Vasil Hard Fork upgrade  Hoskinson shared that the new update may be released in September if the network does not encounter any further issues.  Cardano founder Charles Hoskinson has revealed new details about the highly anticipated Vasil hard fork upgrade. The IOHK co-founder has unveiled that the upcoming hard fork […]

The meme-inspired cryptocurrency Shiba Inu ($SHIB) saw its price surge over the weekend from around $0.00012 to $0.00001770 before enduring a correction that saw it drop down back to $0.00001555 at the time of writing. As the cryptocurrency’s price surged, its trading volume hit a whopping $3.41 billion on major cryptocurrency trading platforms. Despite the recovery, SHIB is still down […]

TL;DR The software developer arrested by Dutch authorities earlier this week is Alex Pertsev, according to The Block. Tornado Cash DAO’s website has gone offline since the arrest. Dutch police arrested suspected Tornado Cash developer on Wednesday, 10 August. According to The Block, the software developer is Alex Pertsev, as confirmed by his wife, Ksenia Malik. She continued to say […]

Popular cryptocurrency exchange FTX has partnered with social media giant Reddit to allow the latter’s users to buy Ethereum ($ETH) directly on its platform through the use of FTX Pay, the exchange’s product allowing merchants to accept payments in crypto and fiat. According to an announcement, Reddit’s Community Points will be integrated on FTX in various markets, including the United […]