Justin Sun, the founder of Tron (TRX), has accused Li Wei, the brother of Huobi exchange founder Li Lin, of obtaining Huobi Tokens (HT) for free and selling them for millions on the platform. Sun made these allegations on Twitter, stating that Wei received the HT tokens at no cost when they were initially distributed
China has announced plans to train 500,000 blockchain professionals through the newly launched National Blockchain Research Center. In 2018, Chinese President Xi Jinping identified blockchain as a growth sector, leading to a surge in blockchain salaries in the country. However, Chinese blockchain activities have since slowed down. To reinvigorate the sector, Beijing has established the
Lido DAO’s price has rebounded to its three-week high of $2.21 as of May 16, up 40% when measured from its local low of $1.57, established four days ago. This impressive recovery appeared in tandem with other top-ranking crypto assets, including Bitcoin (BTC) and Ether (ETH). However, LDO has greatly outperformed the broader crypto market,
The crypto market has witnessed a surge in meme coin price action recently, and one coin that has caught the attention of investors is SpongeBob Token ($SPONGE). Despite the market downturn caused by Bitcoin’s dip to $25k, $SPONGE has shown impressive growth from its all-time low of $0.00007261 and is currently priced at $0.0004646. With
The price of Ether (ETH) has been struggling to maintain its $1,800 support level since May 12. The high gas fees associated with transactions and a worsening regulatory environment are creating pressures for investors. Additionally, three indicators are signaling a lack of demand for decentralized applications (DApps) and a lack of leverage buying demand from
Gallup, Inc., a Washington, D.C.-based analytics and advisory company, has released its latest poll on long-term investments. The survey, conducted from April 3 to April 25, 2023, features responses from 1,013 adults aged 18 and older residing in the United States. The poll covers various investment options such as real estate, gold, stocks, bonds, and
The financial sector is currently experiencing banking crises, interest rate hikes, and a potential recession, leading to unease among investors. This feeling has also affected the crypto industry, which has seen a decline of 0.01% in the last day. However, investors seeking investment alternatives can purchase crypto assets that have lost their gains at a
The 42nd ASEAN Summit was held in Labuan Bajo, Indonesia, on May 10-11, with the leaders of the Association of Southeast Asian Nations (ASEAN) in attendance. The summit was chaired by H.E. Joko Widodo, president of Indonesia, and the members of ASEAN include Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The
Meme coins have taken the crypto market by storm, with some of these assets providing high returns for investors. Public figures have also shown support for the long-term potential of these coins. However, with thousands to choose from, finding the best value-driven meme coins can be challenging, especially for new investors. In this article, we
The Bolivian government is contemplating using the Chinese yuan to replace the US dollar for international trade settlements. Bolivian President Luis Arce has directed the central bank to conduct research on whether the recent use of the Chinese currency in Brazil and Argentina could be applicable to Bolivia. In a meeting with journalists, Arce revealed