South Korea to Invest $14.5M in Blockchain Technology to Enhance Public and Private Sector Services

As a seasoned analyst with extensive experience in the tech industry, I am particularly intrigued by South Korea’s latest blockchain support project. The government’s commitment to investing $14.5 million in improving the local blockchain industry and technology is a clear indication of its forward-thinking approach and recognition of the potential benefits that this technology can … Read more

TON Blockchain Doubles TVL to $600M in Just 3 Weeks

As an analyst with extensive experience in the cryptocurrency market, I find The Open Network (TON) and its recent expansion particularly intriguing. The surge in Total Value Locked (TVL), which reached $608.65 million on Monday, is a clear indication of TON’s growing ecosystem. On Monday, The Open Network, or the TON blockchain, witnessed a major … Read more

Bots Exploit ‘Legal Infinite Money Glitch’ of Popular Game Banana on Steam

As an analyst with experience in the gaming industry, I find the sudden surge in popularity and subsequent botting crisis surrounding Banana, a seemingly innocent clicker game by indie studio Banana Games, quite concerning. The ease with which bots are exploiting the game’s minimal resource demands for financial gain threatens not only its sustainability but … Read more

South Korea Introduces Stricter Regulations for Crypto Exchanges: Delisting of Risky Altcoins

As a seasoned crypto investor with a few years of experience under my belt, I welcome South Korea’s new Virtual Asset User Protection Act with open arms. The regulatory measures announced are long overdue and necessary to maintain investor safety and market integrity. As a researcher examining the implications of the Virtual Asset User Protection … Read more

Whale Wallets Holding at Least 10 BTC Reach 16.16M as of June 16

As an experienced financial analyst, I believe this trend of increasing numbers of whale wallets holding 10 or more Bitcoins is a bullish sign for the cryptocurrency market. With over 82% of the Bitcoin supply being held by these large investors, it shows growing confidence in Bitcoin among the investment community. Approximately 16.16 million wallets … Read more

SEC Rejects Ripple Demand of Reducing Penalty Down from $2B

As a seasoned crypto investor with a keen interest in the regulatory landscape of the industry, I find the ongoing dispute between Ripple and the US Securities and Exchange Commission (SEC) to be a pivotal moment for the future of digital asset markets. The latest turn of events, where the SEC has rejected Ripple’s demand … Read more

Binance Appeases ZKsync Community with Token Listing and Distribution Program

As a long-term crypto investor with a keen interest in decentralized projects and community governance, I’m glad to see Binance taking steps to address the concerns surrounding the ZKsync (ZK) token launch. The backlash from the community was palpable, and it’s essential for exchanges like Binance to listen and respond accordingly. Binance has taken action … Read more