Author
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
NewsBitcoin Price Braces for Dip: Matrixport Predicts $36K After Grayscale’s Big Move
The entire crypto market is in a split right now as the king crypto grapples with the looming specter of ETF uncertainties. Bitcoin witnessed a turbulent week, sliding below $40,000 for the first time since December, hitting a low of $38,680 on January 23, 2024. However, in a commendable recovery, Bitcoin has bounced back, currently …
Qadir AK·26 Jan 20242 min
Celsius Network sells over $1 billion worth of ETH to CEXs, How Will the Market React?
Celsius Network is currently in bankruptcy and has been moving massive amounts of Ethereum (ETH) to Coinbase Prime, Paxos, and FalconX, shocking the cryptocurrency world. Here’s how the market reacted to the news. Celsius Network’s ETH Tsunami: Whales Sweep Over $1 Billion Through Exchanges Spotonchain report suggests that Celsius deposited 443,961 ETH, worth over $984 …
Qadir AK·26 Jan 20242 min
OneCoin Fraudster Mark Scott Sentenced to 10 Years in Prison for Laundering $400 Million
Former law firm partner, Mark Scott, has been sentenced to 10 years of imprisonment for $400 million worth of money laundering in proceeds from the notorious OneCoin fraud. The filing delves into the details of Scott’s involvement and the elaborate money laundering scheme. Details of The Filing The United States Attorney’s Office for the Southern …
Qadir AK·26 Jan 20241 min
Ripple Enters $10 Trillion Crypto Custody Market with Metaco, HSBC Partnership
In a recent interview on the Thinking Crypto Podcast, Ripple CTO David Schwartz shared insights into Ripple’s strategic move into the projected $10 trillion crypto custody market. The discussion focused on Ripple’s acquisition of Metaco, a custody-focused firm, and its subsequent partnership with global banking giant HSBC. Read on for a simple breakdown of what …
Qadir AK·25 Jan 20242 min
Shiba Inu Marks a Comeback, Reveals “Shibdentity” Web3 Identity Revolution
In a surprising turn of events, Shiba Inu (SHIB) has defied bearish market sentiments, making an impressive 5.5% leap in the past 24 hours and reaching $0.000008898. This noteworthy upswing marks Shiba Inu’s first substantial growth in over a week, hinting at potential highs in the short term. While the Shiba Inu community is abuzz …
Qadir AK·25 Jan 20242 min
Bulgaria Hit with $3 Billion Arbitration Claim by Nexo Over Controversial Crypto Probe
Nexo AG, a leading crypto lending platform, has taken a significant step by filing a substantial arbitration claim exceeding $3 billion against the Government of Bulgaria. The claim follows an investigation that led to a raid on Nexo’s Bulgarian office and charges against four individuals. Will Nexo’s move grant them the justice they seek? Let’s …
Qadir AK·25 Jan 20241 min
Ethereum ETF Approval Left Hanging as SEC Pushes Back BlackRock Proposal
The U.S. Securities and Exchange Commission Chair, , recently clarified that the approval of spot Bitcoin ETFs is limited to Bitcoin alone. Following the Bitcoin ETF approval, wild anticipations have arisen in hopes of spotting Ethereum ETFs. However, Gensler emphasized that the current focus is only on Bitcoin ETFs. Naturally, this has caused an uproar. …
Qadir AK·25 Jan 20243 min
Changpeng Zhao’s $4.5 Billion Bail Offer Rejected for UAE Travel
In a surprising development, Binance founder faced a setback in his attempt to travel to the UAE. Despite offering an unprecedented $4.5 billion in equity as collateral, a U.S. federal judge firmly denied the request. This drama unfolds against the backdrop of personal health concerns, sensitive information, and the ongoing SEC vs. Binance courtroom confrontation. …
Qadir AK·25 Jan 20241 min
Lawsuit Heats Up as Ripple Defies SEC Data Demands; What Next?
In the ongoing clash between Ripple Labs and the United States Securities and Exchange Commission (SEC), things are heating up. The SEC wants Ripple to spill the beans on its financial moves from late 2020 to June 2023. Ripple’s response, led by Andrew J Ceresney, has been fired back in a sur-reply to Hon. Sarah …
Qadir AK·25 Jan 20242 min