Concerns grow over Binance executive’s health during detention in Nigeria

The price of Bitcoin (BTC) dropped 3% in less than three hours as the U.S. stock market plummeted. Following the pullback, most traders are neutral or slightly bearish on the short-term trend of BTC.Traders and on-chain analysts are now pinpointing $12,500 and $11,973 as the two levels to watch for the continuation of the Bitcoin…

Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors. 1053 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTThe Japanese subsidiary of the now-defunct cryptocurrency exchange FTX has received approval from local regulators to continue…

Sky Mavis co-founder and growth lead Jeffrey Zirlin says Axie Infinity wants to double down in South Korea, which they see as one of the most important gaming markets in the world. 284 Total views 35 Total shares Sky Mavis, the firm behind Play-to-Earn (P2E) heavyweight Axie Infinity is looking to “double down” in South…

In any market, whether it is fruit and vegetables or financial assets, prices are determined by the intersection of supply and demand.If tomatoes are scarce due to a flood, with the same demand, the price in the supermarket will inevitably be higher — just as it will be higher if, with the same supply, twice…

Zhao Dong, a shareholder of cryptocurrency exchange Bitfinex, has released new promotional material detailing the exchange’s upcoming initial exchange offering (IEO) for up to $1 billion. The information was shared in a tweet from Dong on May 4.The document, allegedly released by iFinex — the company behind Bitfinex and Tether (USDT) — announces the availability…

The idea of private blockchains, such as enterprise blockchain platforms, will eventually “fail miserably,” the CEO of Abra said during Fortune’s “Balancing The Ledger” show on Feb. 25.Bill Barhydt, CEO of cryptocurrency wallet and investing app Abra, has argued that the idea of a truly decentralized cryptocurrency contradicts the notion of private blockchains.Unlike public blockchains,…

Snoop Dogg has had a considerable presence in the Web3 creator movement since NFTs first gained popularity in 2021. 1123 Total views 41 Total shares Own this piece of history Collect this article as an NFTAmerican rapper and actor Snoop Dogg has been revealed as one of the co-founders of a Web3-powered live streaming app…

Blockchain forensics firm CipherTrace has published a detailed analysis of how two Chinese nationals. associated with North Korea. laundered tens of millions of dollars worth of stolen cryptocurrency.The pair are believed to be associated with the shadowy Lazarus Group, which was behind the Sony breach in 2014, the WannaCry ransomware epidemic in 2017, and a…

Bitcoin (BTC) price succeeded in hitting its highest weekly close of 2019 last week, further dispelling fears of a fresh price breakdown.Market visualization. Source: Coin360Another price milestone for Bitcoin Data from Coin360 put BTC/USD trading at around $11,360 as of press time on Aug. 12. The largest cryptocurrency finished the week closer to $11,500 on some…