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Axie Infinity’s play-to-earn ‘scheme’ alarms Phillippine National Police

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The Philippine National Police Anti-Cybercrime Group (PNP ACG) scrutinized some of the models used by cryptocurrency games, warning Filipino citizens against the various schemes used to extort money from the gaming community. While warning against the risks of cryptocurrency gaming schemes, the Phillippine police highlighted the play-to-earn model used by…


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Binance Weighs Its Options About Russia, Including Complete Withdrawal

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The world’s largest cryptocurrency exchange, Binance, is reevaluating its activities in Russia, including the possibility of a complete withdrawal from Russia, which was once an important market and is becoming increasingly problematic. “All options are on the table, including full exit,” a spokesperson said, according to the WSJ report. Last…


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Bitcoin Shows Resilience Despite Rate Hike Concerns

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Despite recent concerns about further potential interest rate hikes by the Federal Reserve, Bitcoin has shown notable resilience according to analysts. This comes after Fed Chair Jerome Powell’s speech at the annual Jackson Hole symposium last week, where he indicated that more rate hikes may be on the horizon as…


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Crypto Lawyer Sheds More Light on Crucial Secret XRP Memo

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More details are coming to light in the ongoing XRP Lawsuit involving both blockchain payments firm Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC). XRP Lawsuit: the Secret Memo Taking to his official X app account, XRP holder’s lawyer, John Deaton has shed light on an…


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Blackrock’s Investments In Bitcoin Mining Companies Revealed

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While the crypto market is buoyant about the spot ETF filing by United States based investment management firm Blackrock, the firm is said to have a significant holdings in Bitcoin mining companies. In the past, it was reported that the likes of Fidelity and Vanguard too have purchased shares of…


Ethereum

Whales Moving ETH Holdings To Exchanges, Is Crash Below $1500 Imminent?

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In a series of high-profile transactions, a significant amount of Ethereum (ETH) has been on the move, raising eyebrows and triggering debates across the crypto community. According to Whale Alert, a prominent tracker of blockchain transactions, a staggering 15,000 ETH (valued at around $24.7 million) was recently transferred from an…


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