Category Archives: Blockchain

The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the lending license of BlockFi, a crypto lending platform, following a series of financial troubles that led to its bankruptcy and significant regulatory issues. BlockFi’s collapse in 2022 came in the wake of the FTX exchange’s downfall, which created a ripple effect throughout […]

Bitcoin surged to a new all-time high of $77,020 on Friday, Nov. 8, marking its second consecutive record-breaking day. This surge came just 48 hours after Donald Trump’s victory in the U.S. presidential election, which was accompanied by the election of several pro-crypto policymakers to Congress. With a market cap of $1.5 trillion, Bitcoin has […]

Republican Representative Mike Collins from Georgia’s 10th Congressional District has disclosed an investment in Ethereum, valued at nearly $80,000, according to Quiver Quantitative. The platform tracks the trading activity of prominent public figures and shared the details on X (formerly Twitter) on Nov. 8. In addition to Ethereum, Collins has reportedly purchased $15,000 worth of […]

Crypto influencer and investor Cobie (Jordan Fish) responded with a sarcastic “See you in hell” to a user promoting a Solana-based meme coin styled after his former podcast, UpOnly. On Friday, Nov. 8, Cobie burned 60% of the UPONLY token supply, which was a gift sent to him by an anonymous developer. The token, which […]

Polkadot (DOT) appears to be gearing up for a potential bullish breakout as a rare technical pattern that has been developing since August nears its conclusion. As of Friday, Nov. 8, Polkadot was priced at $4.30, following a four-day upward streak. This recent rise has pushed the coin up by 18% from its lowest point […]

Notcoin, the once-popular tap-to-earn token, has seen a significant decline in value as most other cryptocurrencies continue to rise on Friday, Nov. 8. As of Nov. 8, Notcoin (NOT) was trading at $0.0063, down 78% from its highest point earlier this year. This drop has led to a sharp reduction in its market capitalization, which […]

Solana (SOL) has made a significant move in the crypto market, surpassing the $200 mark for the first time in seven months. The token surged by 8.69% in just 24 hours, bringing its price to $203.88, and it has been on a strong upward trajectory over the past week, increasing by 22.25%. This surge comes […]

Pi Network, the cryptocurrency project aiming to let users mine digital assets directly from their smartphones, has extended the Know Your Customer (KYC) deadline to November 30, 2024. The platform also announced updates related to its ongoing technical developments and plans for its long-awaited mainnet launch. Here’s a summary of the key updates: Key Updates […]

Jack Dorsey’s payments firm Block Inc. (formerly Square) is making a major pivot towards the cryptocurrency mining sector, signaling a strategic shift away from some of its other initiatives, including its music streaming service TIDAL and its decentralized web project TBD. In a letter to shareholders on November 7, Block announced plans to reallocate resources […]

Upbit to Launch DRIFT Trading Pairs for KRW, BTC, and USDT on Nov. 8 South Korea’s largest crypto exchange, Upbit, has announced that it will list DRIFT, the governance token of Drift Protocol, starting Nov. 8, 18:00 KST. DRIFT will be available for trading against the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT) on […]