Day: January 9, 2023

IMX Spikes 10% In Last 24 Hours – Will It Start The Week Strong?

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IMX (ImmutableX) has been on a roll lately, being one of the few altcoins to have significant gains in the past month or so. According to tracking by CoinGecko, IMX was up 10% in the daily timeframe with its biggest gain at the weekly timescale at nearly 19%.  IMX: What Drove Prices Up?  Although the past year saw the token drop by 87%, it also saw some significant developments for the L2 ecosystem. For their push to become the leading competitor in the NFT space, Gamestop partnered with ImmutableX for…

Nomad exploit wallet address transfers $1.5M to Tornado Cash

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An address related to the $190-million Nomad exploit has moved $1.57 million in Ether (ETH) to the sanctioned crypto mixer Tornado Cash.  In an alert, blockchain security firm CertiK flagged that a wallet address affiliated with the Nomad hack has transferred 1,200 ETH into Tornado Cash, suggesting that the attackers may be cashing in the funds. The hacker transferred 12 batches of 100 ETH to the sanctioned mixer. Nomad hack address transferring funds to Tornado Cash. Source: Etherscan The Nomad bridge hack was one of the ten largest crypto hacks…

Crypto Industry Key Topics to Be Explored at Blockchain Fest Singapore

Place/Date: Singapore – January 9th, 2023 at 11:16 am UTC · 3 min read Contact: Blockchain Fest, Source: FINEXPO Photo: FINEXPO On 16-17 February 2023, thousands of professionals in the Blockchain, Exchanges, Cryptocurrencies, NFTs, DeFi, Mining, Gaming, Online Payments, Investment, and FinTech Industries will gather at the Marina Bay Sands Convention Center for the Blockchain Fest Singapore 2023. The two-day event will feature a range of interactive sessions and panel discussions on a variety of topics, including Blockchain and Cryptocurrency Laws and Regulations 2023, featuring Surya Sarella, CEO of Blocksol…

Cardano (ADA) Up Nearly 20%, Aiming For A Higher High?

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After weeks of stagnancy and falling to new lows, the crypto market has been in a bullish trend in the past few days. Alongside it is Cardano (ADA) following suit in the same direction of the upward movement.  ADA has spiked by over 15% in the last 24 hours, following the coin’s recent cheerful news, including the DeFi TVL tapping a two-month high and the co-founder Charles Hokingson announcing an upcoming launch of a hospital that will accept ADA as a payment method in February.  Cardano (ADA) Rally In The…

Ant-linked Firms See Shares Rise Markedly Following Jack Ma Control Relinquishment

Several Ant-linked firms experienced a notable increase in the value of their shares after a Ma organizational development.  The shares of Ant-linked firms jumped Monday on news that Ant Group founder Jack Ma is ceding control of the fintech giant. The Hong Kong-listed shares of Ma’s Alibaba Group closed 8.7% higher, while the shares of other Ant-staked companies also rose. The Alibaba Group affiliate company indirectly owns between 5%-20% stake in firms such as Longshine Technology Group, Jilin University Zhengyuan Information Technologies, and Shanghai Golden Bridge Infotech. Ant also has part ownership in Orbbec Inc and Hundsun…

India Blockchain Conclave 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This year’s conclave has been designed to understand the impact of blockchain across businesses. Subscribe to Financial Express: The Financial Express (FE) is a business paper that’s closest to the people who are in the business of business. From business policies to market trends to new developments, The Financial Express comes packed with incisive news on every relevant issue. Connect with us: Facebook: Twitter: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Ant Group Says They Have No Plans for IPO as Jack Ma Gives Up Control

Jack Ma’s giving up control has already pushed the timeline of the IPO launch for three years on Shanghai’s STAR Market. On Sunday, January 7, Chinese fintech giant Ant Group said that they have no plans for Initial Public Offering (IPO) after all the buzz around it for the last few months. Speaking to Reuters, the company spokesperson said: “Ant Group has been focusing on its business rectification and optimization, and does not have a plan for an IPO”. With the Chinese regulators cracking down on the country’s local tech…