Former Binance CEO Changpeng ‘CZ’ Zhao recently made headlines after being transferred from FCI Lompoc II to the RRM Long Beach halfway house in California. This move has sparked confusion among X users, who mistakenly believed that he had been released. However, it is important to note that CZ remains incarcerated. The RRM Long Beach
Crypto
Pi Network, a crypto project introduced in 2019, has been making waves in the industry by offering users the opportunity to mine and earn digital assets directly from their mobile devices. The project aims to be energy-efficient by utilizing the Stellar Consensus Protocol (SCP) developed by the Stellar Development Foundation as an alternative to traditional
In the ever-evolving world of Layer 2 networks, there has been a notable shift in dominance with Base, an Ethereum Layer 2 network supported by Coinbase, rapidly gaining ground. Recent data from IntoTheBlock indicates that Base now boasts almost 40% more daily active addresses compared to its competitors, namely Arbitrum and Optimism. This surge in
Bitcoin has experienced a rollercoaster week, with significant fluctuations in its price. After a hard slip, the cryptocurrency went on the offensive and surged to a weekly high of just under $62,000. This sudden turnaround came after a period of volatility and uncertainty in the market. In addition to Bitcoin’s surge, other larger-cap altcoins such
Bitcoin has seen a turbulent period recently, with an influx of around 100,000 BTC from government sales and Mt. Gox distributions leading to bearish market conditions. Technical analyst Willy Woo highlighted the impact of this influx, noting that it had led to an increase in speculation and the creation of more paper Bitcoin in the
