According to local media reports, Binance, the world’s largest cryptocurrency exchange, is embroiled in a controversy involving the alleged mishandling of victims’ assets and the unauthorized sale of crypto lender Genesis’ claims. The allegations suggest that Binance used these assets to offset the debts of Gopax, a South Korean crypto exchange, potentially hiding significant losses […]
Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted average share price as of May 24. According to the press release, Riot’s decision to make a hostile takeover bid follows Bitfarms’ Board of Directors’ rejection of its private proposal without substantive engagement. The […]
Nick van Eck, CEO of Agora and son of asset management giant VanEck, will launch US dollar-pegged stablecoin AUSD on the Ethereum network in June. This move introduces the concept of Stablecoin 3.0, aiming to revolutionize the digital dollar market. Stablecoin 3.0: How AUSD Plans to Address Challenges in Utility and Acceptance Agora envisions digital […]
Ledger, the web3 company specializing in cryptocurrency security solutions, has started shipping its new Stax wallet, created in partnership with Tony Fadell—known for his involvement in developing the iPod. The device aims to simplify digital asset management, including NFTs and cryptocurrencies, and features a curved E Ink touchscreen, claimed to be the first of its kind, […]
TechForge recently caught up with Gil Pekelman, CEO of all-in-one IT management platform, Atera, to discuss how AI is becoming the IT professionals’ number one companion. Can you tell us a little bit about Atera and what it does? We launched the Atera all-in-one platform for IT management in 2016, so quite a few years […]
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Ripple (XRP) price might have to wait a while longer before a breakout, and a sharp price increase can be observed. This is because the investors are not certain about HODLing for gains but are instead looking to sell. Ripple Investors Are Not Optimistic XRP price could bear the brunt of the skepticism among the altcoin’s investors […]
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