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Traders immediately reacted to the announcement, with Cronos (CRO) price skyrocketing 8% in just an hour. The CRO price is currently trading at $0.075, up over 15% in the last 24 hours. advertisement Amazon Web Services Partners With Cronos Cronos in a tweet on April 26 revealed a partnership with Amazon Web Services (AWS) to support the growth of Web3 startups through the Cronos Accelerator Program. AWS will work with Cronos Labs to support the Web3 startups to scale and grow through the accelerator program to develop DeFi, GameFi, SocialFi, and Infrastructure applications. Cronos chain’s ecosystem will leverage the AWS Activate program to help startups and early-stage entrepreneurs. The partnership aims to boost blockchain technology’s adoption and integration in Web3 , providing startups with access to AWS’s resources and Cronos Labs’ expertise in blockchain development. Trending Stories ETH P...

Binance.US recently announced that it has canceled its deal with bankrupt crypto firm Voyager Digital. Binance’s American arm was supposed to purchase $1 billion worth of assets from the fallen company. However, the exchange cited a hostile regulatory environment in the U.S. as its reason for exiting the agreement. However, the deal falling through might pose a risk to the popular dog-themed crypto project, Shiba Inu (SHIB). The wallet of the defunct corporation still has a total of $260 million in crypto assets. The stablecoin USDC makes up half of them, with the remaining assets being other cryptocurrencies. Specifically, the company has 3.1 trillion Shiba Inu tokens, worth $32 million. If Voyager’s assets were sold to Binance.US, the cryptocurrencies in its wallets could have ended up in the market. This may have had an impact on SHIB prices. However, with the deal not going through, the circumstances remain unknown. What will happen to Voyager’s 3.1 trillion Shiba Inu tokens? V...

Many altcoins started this week facing the bears’ attack, including ID, the governance token of SPACE ID. With a market cap of $198,055,743, ID tumbled by 27.24% over the week. ID is currently trading at $0.6502 after facing a fall of 6.50% in the last 24 hours. However, ID still continues to remain among the most trending cryptocurrencies based on the market cap, according to CoinMarketCap. ID is trading within the red region, after plummeting over the week. ID 7-day chart (Source: CoinMarketCap) Observing the hourly chart, ID is continuously moving downwards away from the 200 MA indicator. ID’s trajectory could reach its candlesticks in the Weak Low region at 0.57208. Since the altcoin is below the 200MA, it could face bearish sentiment over the long run. The Weak Low will be a critical point for ID as it further determines whether the native token of SPACE ID would continue to be under the bears’ control. If ID breaks through the Weak Low region, it could continue to plum...

Following reports of the activation of a dormant Bitcoin wallet holding 1,000 BTC worth $27 million after 12 years, host of CNBC’s “Crypto Trader” Ran Neuner expressed concerns about old BTC addresses becoming active. He said that it could be “really scary” if a wallet generator had been cracked, which would be catastrophic. These old BTC addresses becoming active could be really scary. I hope it’s not a wallet generator that’s been cracked. That could be catastrophic. — Ran Neuner (@cryptomanran) April 24, 2023 According to reports, the Satoshi-era Bitcoin whale moved 400 BTC worth around $11 million after a 12-year period of no transactions. The movements showed the whale moved 360 BTC ($9.8 million) to one wallet and another 40 BTC to a number of other locations, while 600 BTC remains in the wallet. On-chain data shows that the recently activated wallet received BTC worth $1,380 last 2021. The activated wallet has had several transactions of receiv...

SHIB Price Prediction: The Shiba Inu price has been in a sideways trend for nearly a year, resonating between two converging trendlines. The weekly chart showcases this consolidation as a symmetrical triangle pattern usually known as a trend continuation pattern. However, there are criteria where this pattern can act as a reversal setup and thus assist the SHIB price resuming kickstart a new recovery rally. advertisement   Key Points:  A symmetrical triangle pattern governs the sideways trend in the Shiba Inu coin A significant breakout from either trendline will release the trapped momentum within the chart pattern The intraday trading volume of the Shiba Inu coin is $101.4 Million, showing a 41% loss. sSource- Tradingview Under the influence of a symmetrical triangle pattern, the asset price wobbles within converging trendlines reflect uncertain sentiment among market participants. The Shiba Inu price has rebounded twice from th...

PeckShieldAlert reported that the KuCoin Twitter account was hacked, and the fraudsters managed to steal approximately 8.7 ETH, valued at around $16,000, as well as 0.235 BTC, worth approximately $6,500. #PeckShieldAlert #Phishing @kucoincom Twitter handle was compromised and the scammers grabbed ~8.7 $ETH (~$16K) and 0.235 $BTC (~$6.5K)https://t.co/79lUovNl4P https://t.co/Qu7AEyMBVQ pic.twitter.com/s8rL4D4sKX — PeckShieldAlert (@PeckShieldAlert) April 24, 2023 KuCoin announced earlier that their Twitter account was compromised for a duration of around 45 minutes starting from 00:00 on April 24 (UTC+2). During this period, the hacker carried out fraudulent activity, resulting in losses of assets for multiple users. KuCoin has taken full responsibility for the social media breach and the resulting fake activity. They have also committed to compensating affected users for any verified losses they have incurred. It is worth noting that only KuCoin’s Twitter ac...

Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using federal securities law to assert jurisdiction over the digital assets in this case.” Terraform Labs Co-Founder’s Legal Team Claims SEC Lacks Jurisdiction Over Digital Assets in Terra Case As per Bloomberg, Kwon’s lawyers have filed a motion to dismiss the lawsuit, citing that the SEC’s case relies on outdated regulations and that the agency’s definition of digital assets as securities is far from clear. In fact, Patrick McHenry (R-NC), the House Financial Services Committee chairman, recently expressed that there is “a great deal of uncertainty” regarding the SEC’s enforcement actions. Kwon’s lawyers capitalize on this ambiguity to assert that the S...

In what is another example of de-dollarization pursued by the BRICS nations, Bangladesh pays a nuclear plant loan to Russia in the Chinese yuan. Moreover, the country is set to pay approximately $318 million worth of yuan for a loan payment.  Western sanctions imposed on Russia made it impossible for Bangladesh to execute the payment in dollars. Conversely, the development follows a previous statement from US Treasury Secretary Janet Yellen on sanctions potentially hurting the US dollar. Source: Coinpedia.com De-Dollarization on Display in New Bangladesh-Russia Deal The past few weeks have seen a stark uptick in the BRICS nations desire to decrease their reliance on the US dollar. Now, an example of that process has taken shape, as Bangladesh has paid a nuclear plant loan to Russia in the Chinese yuan. According to a report from Business Insider, the story is among the most prominent examples of de-dollarization. Specifically, Bangladesh agreed to pay Russia around ...

Join Our Telegram channel to stay up to date on breaking news coverage The popular blue chip non-fungible token project Doodles has partnered with Billionaire Boys Club, the luxury fashion house behind the famous Ice Cream brand, to create a new NFT collection. Doodles will launch its NFT collection late this week. Doodles Joins BBC Ice Cream To Drop NFTs In an April 20 blog post, Doodles NFT collection confirmed plans to launch a new NFT collection in partnership with fashion house BBC Ice Cream. The NFT collection will launch this week during the highly anticipated “Something In The Water Festival.” Doodles x @bbcicecream … capsule collection dropping exclusively at Doodle Beach during @sitw [limited quantities may be available online after the festival] pic.twitter.com/remE2RmYnU — doodles (@doodles) April 20, 2023 BBC, an acronym for Billionaire Boys Club, is a fashion brand established in early 2003. The luxury fashion house “BBC Ice Cr...

The Tornado Cash developer was arrested in August 2022 by Dutch authorities as part of a criminal investigation against the crypto mixer service. Tornado Cash developer Alex Pertsev is set to be released from jail after spending nearly nine months in prison . Pertsev was arrested in August last year by Dutch authorities on suspicion of being involved in Money Laundering through the crypto mixing service Tornado Cash. Cointelegraph confirmed the news with the people familiar with the matter, and Pertsev is all set to be back home by April 26, which also happens to be his birthday. Pertsev was arrested shortly after the United States Treasury Department placed dozens of Tornado Cash addresses on the Office of Foreign Asset Control (OFAC) sanctions list on Aug. 8.  The suspended release would see Pertsev put under supervision with an ankle monitor, according to Pertsev's wife who talked to Cointelegraph and expressed her happiness on the verdict: "I believe that now we will be...

- Advertisement - Charlie says, “PEPE was the next Shiba Inu.” - Advertisement - The tremendous rally of the Ethereum-based token Pepe (PEPE) has kept cryptocurrency community members talking. S ome predict that the latest memecoin in the market, PEPE could replace established meme-based tokens like Shiba Inu (SHIB) and Dogecoin (DOGE). Some believe PEPE will become the next Shiba Inu shortly. In a tweet today, Charlie, a famous cryptocurrency enthusiast who predicted SHIB rally in 2020, said it has “always been obvious in hindsight that PEPE was the next Shiba Inu.”  Charlie’s Shiba Inu Prediction Interestingly, Charlie is one of the cryptocurrency enthusiasts who predicted an astonishing rally for Shiba Inu. On August 2, 2020, Charlie speculated that an imminent rally of up to 100x might happen at any time for Shiba Inu. It did not take long before the prediction came to pass. Less than a year after making the tweet, Charlie posted a follow-up tweet to show how much Shiba Inu...

- Advertisement - Paris, France, April 19th, 2023, Chainwire. - Advertisement - Swaap Labs, the company building Swaap, has successfully secured over $4.5 million in seed funding. Swaap builds the Next-Generation Market Making Protocol that leverages a combination of oracles and dynamic spread for sustainable yields and reduced trading costs. Its unique approach aims to offer liquidity providers (LPs) passive and profitable market-making strategies, addressing the critical issue of impermanent loss, prevalent in DeFi. Launched in July 2022 on Polygon, Swaap v1 has already proven that profitable market-making on-chain is possible. Its WBTC / WETH / USDC pool, powered by Chainlink price feeds, has recorded less than 0.1% of impermanent loss. Swaap v2 is set to revolutionize the DeFi landscape with its new enhancements and Features , further improving v1. It employs the most advanced market-making models in DeFi, built by leveraging the AMM (automated market maker) simulator devel...

Fans of the Bitcoin bull have been transferring him 21 Satoshis as a way to test out the feature. The Bitcoin (BTC) Lightning Network has integrated into the corporate email address of Michael Saylor, a Bitcoin bull and co-founder of Business intelligence software firm MicroStrategy. In an April 17 tweet, the former chief executive of the firm shared a screenshot with his 3 million Twitter followers of a few transactions sent to “saylor@microstrategy.com” from others in the form of Satoshis or “Sats” — the smallest denomination of Bitcoin. So @MicroStrategy converted my corporate email address into a #Lightning️ address and people keep sending me 21 sats... pic.twitter.com/FHde6RtA6N — Michael Saylor️ (@saylor) April 17, 2023 MicroStrategy’s integration is enabled by the Lightning Address protocol, which allows users to link an “Internet Identifier” like an email address rather than having to copy wallet addresses or use QR codes. It is unclear if MicroStrategy integrated the...

Shiba Inu has become a significant meme coin and has secured a position in the top 20 cryptocurrencies by market capitalization. The team behind SHIB has maintained a steady pace of development and various projects. The SHIB ecosystem has been quite known for its notable benchmarks and milestone achievements. In one of the recent milestones, Binance unveiled the decision to move Shiba Inu out of the innovation zone on April 18. Also read: Shiba Inu: Can SHIB Continue to Rise in Value? Binance moves Shiba Inu out of the innovation zone According to the details of a recent announcement, the largest cryptocurrency exchange has unveiled its decision to move Shiba Inu, alongside other tokens including Frax Share (FXS), Trust Wallet Token (TWT), and 1inch (1INCH) out of the innovation zone on April 18. Binance mentioned in the announcement that: “ The Innovation Zone was introduced to give Binance users a safe place to trade new and innovative projects. Over time, so...

While speaking on CBS’s 60 Minutes, Google CEO Sundar Pichai said that society is not ready for the rapid advancement of AI (Artificial Intelligence). The advancement of AI, according to Pichai, will have an impact on “every product of every company.” The Google CEO further added that society would need to adapt to the fast-paced changes brought about by AI. He said that a plethora of jobs would be affected worldwide, such as writers, accountants, architects, and, even software engineers. Pich AI stated, “For example, you could be a radiologist, if you think about five to ten years from now, you’re going to have an AI collaborator with you. You come in the morning, let’s say you have a hundred things to go through, it may say, ‘these are the most serious cases you need to look at first.'” Pichai also warned about the consequences that AI could have on fake news and disinformation. He said that the scale of fake news and altered images could be “much bigger,” and th...

Cardano rose to a fresh multi-month high on Saturday, as the token surged for a ninth consecutive session. The price is now up by over 15% in that time, cementing its place as the world’s seventh-largest cryptocurrency. Avalanche is also trading higher, hitting a two-month high in the process. Cardano (ADA) Cardano (ADA) once again extended a recent bull run, with the token climbing for a ninth straight day. Following a low of $0.4274 during Friday’s session, ADA/USD rose by as much as 5% today, hitting a peak of $0.4581 in the process. Saturday’s surge has sent ADA to its highest level since September 27, when the price was above $0.4600. ADA/USD – Daily Chart From the chart, it appears that the latest rise in price coincides with the relative strength index (RSI) moving past a key ceiling. The aforementioned point of resistance was at the 72.00 mark, with the index currently tracking at 75.92. Should price strength continue to move higher, an upcomi...