Gemini exchange announced that users of its now-defunct Earn product have received a staggering $2.18 billion in digital assets, representing 97% of the total assets owed to them. This remarkable recovery comes after the collapse of Genesis, a crypto lender that stopped withdrawals in November 2022. The assets were returned in kind, with users receiving
The cryptocurrency market is always full of surprises, with meme coins like Baby Apu Apustaja (BAPU) making waves. With an overnight gain of +8,522%, it’s hard not to take notice of this coin. The price surge to $0.000000059 has certainly caught the attention of Ethereum meme coin traders. Despite some initial profit-taking behavior, the coin
The recent partnership between Magic and Etherlink aims to revolutionize Tezos dApp development by simplifying the onboarding process for blockchain users. By combining Etherlink’s scalability and security features with Magic’s user-friendly wallet SDK, this collaboration seeks to enhance the development of decentralized applications on the Tezos blockchain. Etherlink, as an EVM-compatible layer two solution, offers
The cryptocurrency market has always been volatile, with prices fluctuating dramatically within short periods. However, one recent analysis by Cryptorphic stands out for its bold prediction regarding the future price of Bitcoin. According to this prominent crypto analyst, Bitcoin is expected to reach an astonishing $156,000 by May 27th, 2025. This prediction is based on
The recent dismissal by the US District Court for the District of Utah of the SEC’s case against DEBT Box has caused quite a stir in the legal and financial sectors. The court not only dismissed the case without prejudice but also imposed hefty fines totaling over $1.8 million against the SEC for bad faith
The XRP price has been lingering within a 7-year accumulation zone, sparking concerns among investors about its inability to break out. However, a glimmer of hope has emerged as crypto analyst Babenski suggests that the XRP price is on the verge of breaking out of this prolonged accumulation phase. This analysis has reignited optimism among
In a recent interview, Central Bank Governor Chea Serey highlighted the ongoing efforts to increase the adoption of Cambodia’s Riel currency through the Central Bank Digital Currency (CBDC) Bakong. Despite the dominance of the U.S. dollar in over 80% of the country’s economy, there is a push to promote the local currency for local transactions.