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According to recent activities on the Arbitrum blockchain explorer, an Externally Owned Account (EOA) address suspected to belong to a Korean crypto exchange has been stock-piling ARB tokens in the past 24 hours. A market monitoring account on Twitter argued that the accumulating EOA belongs to the Upbit crypto exchange. Data from arbiscan.io suggests that the address now holds 59 million units of ARB tokens worth over $82.8 million. According to the market tracker, this sudden accumulation has propelled Upbit to become the second-largest exchange holding ARB tokens, trailing only Binance. An EOA address has been collecting a massive ARB for the past day. Now it holds 59M ($84.4M) ARB, based on the activity, it might be Upbit 's hot wallet. This Korea's largest exchange now holds the second most ARB after binance. According to @ScopeProtocol https://t.co/dcHEXO1i2G — Wu Blockchain (@WuBlockchain) March 31, 2023 Upbit’s accumulation has likely caught the at

According to a recent Bloomberg report, Hong Kong continues to solidify its position as a leading fintech hub, with a new digital asset fund set to raise $100 million worth RM442.4 million this year for startup investments. The Hong Kong-based fund aims to support the growth of creative digital assets, in line with the city’s push for more significant financial innovation and technology. Notably, a fund focused on Web3 ventures has raised $30 million, with plans to invest in promising startups that leverage blockchain, cryptocurrency, and other digital assets. The fund’s focus on Web3 technologies aligns with Hong Kong’s ambition to establish itself as a fintech leader, as the city sees digital assets as a critical driver for economic revival. People familiar with the matter state that with this new fund, Hong Kong is well positioned to attract top-tier talent and capital to accelerate the growth of its vibrant fintech ecosystem. According to experts, the city’s support

There are other digital currencies besides Bitcoin (BTC) and Ethereum (ETH) that people who want to diversify their portfolios and learn more about cryptocurrencies should consider. Dogelon Mars (ELON) is one of them. Dogelon Mars is an Ethereum-based meme coin with a canine motif. It follows in the footsteps of popular canine-themed cryptocurrencies like Dogecoin, Shiba Inu, and Floki Inu. Its name mixes Dogecoin and Elon Musk, the wealthy entrepreneur and Dogecoin Twitter promoter. Its name also references the project’s intention to fund the colonization of Mars and serve as interplanetary money when this occurs. If you are interested in the future of ELON and want to know its predicted value for 2023, 2024, 2025, and 2030 – keep reading! Table of contents What is Dogelon Mars (ELON)? Dogelon Mars (ELON) Current Market Status Dogelon Mars (ELON) Price Analysis 2023 Dogelon Mars (ELON) Price Analysis – Keltner Channel Dogelon Mars (ELON) Price Analysis – Relative Streng

According to a report, the recently arrested Terraform Labs co-founder Do Kwon was able to register a company in Serbia just a few weeks after Interpol issued a Red Notice for him. Lawyers that helped Kwon form a company in Serbia reportedly said they were not aware of Interpol’s Red Notice against their client. Do Kwon Uses Korean Passport to Register Company Just a few weeks after an Interpol Red Notice for arrest was issued, the former Terraform Labs CEO Kwon was still able to form and register a company in Serbia, a local publication has said. Known as Codokoj22 d.o.o. Beograd, the company which was registered on Oct. 12, 2022, lists Kwon as the owner. The former CEO along with his countryman Han Chang-Joon from Chai Corporation are also named as directors of the company. According to a report in DL News, the duo’s Serbian company was established with capital equivalent to just under $1 (100 din). The report added that Kwon and Chang-Joon used their Korean passports to register

The eighth episode of Cointelegraph’s Crypto Trading Secrets podcast welcomed trader and investor Chris Dunn for an interview. Cointelegraph has released Episode 8 of its Crypto Trading Secrets podcast, featuring an interview with trader, investor, podcaster and YouTuber Chris Dunn, who touts experience in mainstream markets as well as about 10 years of activity in the crypto space. The trader and investor answered questions asked by host Benjamin Pirus during the episode’s March 14 recording, giving his opinions on the role Bitcoin (BTC) plays as an asset and why he thinks people are willing to buy the coin, plus much more. Dunn mentioned that he thinks COVID-19 got mainstream, non-crypto folks to ponder the United States money system, including questioning how the government can create trillions of dollars and whether or not to trust the U.S. dollar. “Then kind of the second thing is, okay, we’ve got some bank failures happening right now. We’ve got inflation going through the ro

Changpeng Zhao, the CEO of the behemoth cryptocurrency exchange, Binance, has shown his support for a move made by Chinese state-owned banks. As crypto firms flock to Hong Kong, hoping to bounce back from a tumultuous period, they are discovering an unexpected ally in Chinese banks, according to a Straits Times report. The cryptocurrency exchange champion Zhao has said that when one door shuts, another one opens, a statement that has garnered attention in the cryptocurrency community on Twitter. When one door closes, other ones open. Chinese banks court crypto firms in Hong Kong | The Straits Times https://t.co/1FALEWKRNV — CZ Binance (@cz_binance) March 27, 2023 According to experts in the industry, institutions are stepping up to provide much-needed support, signaling a potential shift in the country’s stance towards cryptocurrencies. Concretely, several Chinese banks, including the Bank of Communications, Bank of China, and Shanghai Pudong Development Bank, ha

German bank Deutsche WertpapierService Bank (Dwpbank) is providing securities processing services to approximately 1,200 banks and has announced the launch of a new platform called wpNex. This new platform is set to provide Bitcoin to all retail customers affiliated with its partners in the latter half of the year. As per reports from local media, the upcoming service will integrate crypto accounts alongside the traditional accounts of bank customers, and will not mandate any additional Know Your Customer (KYC) procedures. Tangany, a Wallet-as-a-service provider, and Tradias, the digital asset trading service offered by Bankhaus Scheich, will also be involved in the new initiative. Under this service, retail customers will not be in possession of private keys. Heiko Beck, the CEO of Dwpbank, stated that the bank intends to introduce other cryptocurrencies, digital assets, and tokenized securities to the service in the future. MLP Banking became the first affiliate of Dw

Kokomo Finance's social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes. Optimism-based lending protocol Kokomo Finance has been suspected of a $4 million “exit scam” that has seen user funds plucked out from the platform via a smart contract loophole. Blockchain Security firm CertiK alerted its followers to the “exit scam” in a March 26 Twitter post, noting that the Kokomo Finance (KOKO) token has plummeted 95% in value in a matter of minutes. CertiK also noted that Kokomo Finance removed all social media accounts immediately following the alleged rug pull too. Kokomo Finance has either deactivated or deleted its Twitter account. Source: Twitter CertiK said the deployer of KOKO attacked the smart contract code of a wrapped Bitcoin token, cBTC, by resetting the reward speed and pausing the borrow function. After that, an address beginning with “0x5a2d..” approved the new cBTC smart contract to spend over 700

As the world of Web3 emerges, decentralized digital identities present a promising alternative to the current. As the world of Web3 emerges, so too does an exciting opportunity to emphasize the importance of trust and security in a digital world. Digital identity and credentials play a significant role in helping users manage their IDs and control their personal information securely. Digital identifiers can include national ID information, personal emails, phone numbers, cryptocurrency addresses, Discord accounts, bank logins and anything else related to a person and their identity. Digital IDs have been around for a while and have had a major impact in Web2, but their role will significantly increase with the mass adoption of Web3 applications. In Web2, usernames and passwords have become ubiquitous, with almost every online service relying on them as access credentials. However, this approach has resulted in numerous security issues, such as storing data on private servers beyond us

Join Our Telegram channel to stay up to date on breaking news coverage The bull market will return soon, here are our top suggestions for the greatest altcoin projects to invest in before the next bull run. Investors should have these crypto asset that is likely to gain in value and experience a price pump in preparation for the coming bull run. C+Charge (CCHG) C+Charge is offering environmental improvement by giving energy to a network that will contribute to the reduction of carbon emissions and associated negative environmental repercussions. The project believes that electric mobility is the most environmentally friendly choice. As a result, C+Charge makes it simple and enjoyable to participate in the electric vehicle (EV) revolution. C+Charge intends to operate its network of charging stations while also cooperating with other existing EV charging station networks in order to scale. Users will be issued individual electronic wallets, which they may then use to pay for

Join Our Telegram channel to stay up to date on breaking news coverage Investors hunkered down before the U.S. Federal Reserve’s next interest rate decision on Wednesday, causing Bitcoin to lose momentum on Monday and teeter-totter above and below $28,000.  Bitcoin Decrease in Price Despite U.S. Federal Reserve’s Announcement Just hours after the U.S. The Federal Reserve announced it had teamed up with five other major central banks to ensure a steady flow of the U.S. dollar, a dominant reserve currency, in the global financial system, Bitcoin had climbed above $28,400. At the time of writing Bitcoin (BTC) is trading at $27,767.75 with a 24-hour trading volume of $34,070,515,733, which shows a 2.46% decrease in price over the last 24 hours and an 11.92% increase in price over the past 7 days. The market cap of Bitcoin, which has a circulating supply of 19 million BTC, is valued at $536,856,214,323. Bitcoin’s value has seen an increase in the past few days as concerns over

Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes. The first day of Paris Blockchain Week (PBW) is bringing more thoughts on the ongoing crisis in the global Banking system, with industry executives comparing the collapses of major cryptocurrency firms like FTX with the fall of Banks like Silicon Valley Bank (SVB). On March 22, PBW hosted a panel discussion titled “FTX, Luna, Celsius, 3AC: From Hero to Zero,” bringing together industry executives from the blockchain venture firm Node Capital, crypto-friendly SIX Digital Exchange, Delta Growth Fund and crypto liquidity provider Woorton. The panel took place on PBW’s Mona Lisa stage.  The FTX, Luna, Celsius, 3AC: From Hero to Zero panel at the Paris Blockchain Week. Source: Livestream According to Woorton co-founder and head of trading Zahreddine Touag, the FTX and Celsius-related meltdown in the crypto industry has been triggered by different reasons than those t

The Cardano price prediction reveals that ADA begins to form higher as the bears push the coin above the moving averages. Cardano Prediction Statistics Data: Cardano price now – $0.36 Cardano market cap – $12.9 billion Cardano circulating supply – 34.7 million Cardano total supply – 35.5 billion Cardano Coinmarketcap ranking – #7 ADA/USD Market Key Levels: Resistance levels: $0.45, $0.47, $0.49 Support levels: $0.28, $0.26, $0.24 ADAUSD – Daily Chart ADA/USD is crossing above the 9-day and 21-day moving averages as the coin touches the resistance level of $0.37. However, since a few days ago, ADA/USD has been trading within the 9-day and 21-day moving averages and this refrains the coin from going back to the support level of $0.33. Cardano Price Prediction: Will Cardano Continue to Move Higher? The Cardano price is ready to create move additional bullish movement as the coin continues to rise and could probably cross above the upper boundary of the channel if the bulls

Join Our Telegram channel to stay up to date on breaking news coverage Despite the crypto market’s decline in 2022, now is the ideal time to purchase high-potential altcoins in preparation for the inevitable future bull run. We’ll take a look at ten of the most promising altcoins on the market right now. These digital currencies have showed promising growth in the market and could be worth considering as an investment option. Mina (MINA) A lightweight blockchain called Mina is also recognized as the first cryptocurrency in history to have a thin blockchain. The blockchains for all other cryptocurrencies, including Bitcoin and Ethereum, will eventually grow larger. Yet, using MINA, no matter how much data is saved on the blockchain, its size won’t expand, making network synchronization and verification simple and quick. The Ouroboros Proof-of-Stake methodology in Mina has been updated. This week in zkIgnite, Cohort 1 ⚡️ 35+ builders and teams presented their proposals to