• BNB token price has surged 8.7% and its trading volume has grown 78% over the last 24 hours. • The surge may be due to recent U.S. banks’ saga that created a newfound interest in BNB, or due to crypto enthusiasts using the platform for transactions. • Altcoins have also seen a moderate recovery, […]
Monthly Archives: March 2023
MakerDAO to Invest $1.25B in US Treasury Bonds: Will MKR Token Hold Gains?
• MakerDAO is considering increasing its investment in US Treasury bonds from $500 million to $1.25 billion. • The new proposal involves a 6-month rollover scheme every two weeks and aims to take advantage of the current yield environment. • Maker’s 24-hour chart performance shows it struggling to recover amid the announcement of its new […]
Ex-FTX Engineer Charged with Fraud: SEC Seeks $6M in Returns
• Nishad Singh, ex-Co-Lead Engineer of FTX Trading Ltd., has been charged by the SEC for his role in a multi-year scheme to defraud equity investors in FTX. • Singh developed a software code that facilitated the transfer of FTX customer funds to Alameda Research, a crypto hedge fund co-owned by Samuel Bankman-Fried and Gary […]