Blockchain analysis firm Nansen recently made headlines by identifying DBS Bank, Singapore’s prominent banking institution, as a cryptocurrency whale. The wallet in question reportedly contains a substantial amount of Ether (ETH), valued at a staggering $650 million in today’s market. DBS Bank’s Crypto Ventures DBS Bank is no stranger to the world of cryptocurrency. The
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In the fast-paced world of digital assets, SEI NFTs have established themselves as a game-changer for artists, gamers, and collectors. Powered by its open-source Layer 1 blockchain, SEI Network is revolutionizing the NFT space with its focus on low transaction fees, robust security, and fast transactions. What sets SEI Network apart is its unique approach
In recent months, there has been a noticeable surge in activity among Ethereum whales, the giants of the cryptocurrency world. According to a report by Santiment, on-chain data indicates that these large investors are ramping up their trading activities, potentially in response to the recent approval of spot Ethereum exchange-traded funds (ETFs) by the US
The gaming ecosystem XPLA, in partnership with Com2uS Group, has recently unveiled its own layer 2 chain called XPLA Verse on the Oasys blockchain. This launch marks a significant milestone in bringing popular games like “Summoners War: Chronicle” and “The Walking Dead: All-Stars” into the world of blockchain gaming. The introduction of XPLA Verse showcases
The recent surge in Solana meme coin prices has caught the attention of many investors in the cryptocurrency market. Dogwifhat (WIF) has seen a remarkable 27% increase since the beginning of the week, reaching a trading value of $3.77. With the price testing $4.0 on Wednesday, it is expected to soon reach its 20224 highs
Gemini’s bankrupt crypto lending arm has managed to achieve an impressive feat by successfully recovering almost all of its customers’ digital assets. This achievement sets a new standard for industry recoveries from insolvency, showcasing a responsible and proactive approach to addressing financial setbacks in the world of cryptocurrency. The announcement made by Gemini Earn regarding
Senator Cynthia Lummis has been a driving force behind the push for pro-crypto legislation in the United States. She firmly believes that the crypto market will play a crucial role in the country’s economy, but only if the opportunity is not squandered. Lummis has been instrumental in educating her fellow lawmakers about digital assets, noting
Gemini, a popular crypto exchange, recently announced that users of its Earn product have received $2.18 billion of their digital assets. This recovery represents 97% of the total amount owed to Earn users, showcasing a significant turnaround since the collapse of crypto lender Genesis, which had ceased withdrawals in November 2022. The assets were returned
Former FTX co-CEO Ryan Salame has been sentenced to 90 months in prison for his involvement in conspiring to make illegal political contributions and defraud the Federal Election Commission, as well as for conspiracy to run an unlicensed money-transmitting business. The sentencing was handed down by US District Judge Lewis A. Kaplan after Salame pled
The Sandbox, a decentralized gaming platform, recently unveiled its latest endeavor in the form of a decentralized autonomous organization (DAO) called The Sandbox DAO. This innovative project is designed to empower SAND token holders and virtual LAND owners, who possess NFTs representing in-game plots, by allowing them to actively participate in the platform’s governance structure.
