Crypto News

In a significant milestone, Australia has completed its first foreign exchange transaction using eAUD, a central bank digital currency, as part of a live pilot program. This development aligns with the growing global interest in exploring or implementing central bank-issued digital currencies. The transaction was facilitated by Canvas, a blockchain infrastructure provider. Crypto fund managers … Read more

Bitcoin (BTC) has surged to a new high for 2023, reaching a price of over $30,000, a level not seen since June 10, 2022, according to CoinGecko data. In the last 30 days, BTC has gained almost 46%, marking its highest level in ten months as of April 11. Analysts speculate that the upcoming United … Read more

Elon Musk, the billionaire entrepreneur, announced that SpaceX’s deep-space rocket Starship is prepared to launch from its facility in Texas. The Federal Aviation Administration has scheduled the rocket’s orbital test flight for April 17, but SpaceX requires approval for a launch license before proceeding. Starship is the most powerful rocket globally and intends to transport … Read more

According to a court filing by FTX CEO John Ray III in a Delaware Bankruptcy Court, the cryptocurrency exchange was run by three individuals who lacked experience and were fresh out of college. These individuals relied on an inconsistent system of online shared documents and communication across multiple apps to manage the exchange’s multi-billion dollar … Read more

According to recent data from on-chain analytics provider Glassnode, there has been a slight decline in Ethereum staking deposits in recent weeks. The reason behind this decline is attributed to increased regulatory pressure and the upcoming Shapella upgrade on April 12. The Securities and Exchange Commission (SEC) in the United States has been actively regulating … Read more

The Minnesota Timberwolves set a franchise record for points in their 151-131 win over the San Antonio Spurs, addressing one of their biggest weaknesses this season – their inability to defeat teams at the bottom of the standings. They have a 6-10 record against the bottom five teams in the league, which has affected their … Read more