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Coinbase to Impose Fees on USDC to USD Conversions Exceeding $75 Million
30.1.2024
On January 30 Crypto exchange Coinbase announced a new fee structure affecting large-scale conversions from USDC to USD. The changes, set to impact institutional clients handling significant transaction volumes, mark a shift in the exchange’s fee policy. In an announcement published on...
Analysts Foresee a Bitcoin ETF Offering by Charles Schwab – Trillions to Enter the Market?
29.1.2024
Charles Schwab, a financial giant with $8.5 trillion in assets, has analysts speculating about the possibility of the company entering the spot Bitcoin (BTC) exchange-traded fund (ETF) market. While Charles Schwab currently offers third-party spot Bitcoin ETFs, analysts believe the company might...
New Solana Meme Coin ‘WEN’ Airdropped to 1 Million Wallets – Here’s How to Check Eligibility
27.1.2024
WEN, a new Solana meme coin, has gained significant traction after being airdropped to over a million wallets. The airdrop, which took place on Friday morning, was facilitated through the decentralized exchange (DEX) aggregator Jupiter, as part of a large-scale test of its new launchpad. Jupiter...
LBank Labs Takes Bold Step in Web3 Venture Capital: Announces Strategic Investment in Entangle
26.1.2024
LBank Labs, at the forefront of Web3 venture capital, is excited to announce its significant investment in Entangle, this strategic move is focused on bolstering Entangle’s revolutionary mission to unify Web3 communications and enhance ecosystem liquidity. Entangle stands out with...
Pontem Announces AI-powered Crypto Chatbot Following $6 Million Seed Funding Round
23.1.2024
Product development studio Pontem is launching an AI-powered chatbot dubbed Pontem.ai capable of operating like a “full-scale AI crypto assistant.” A crypto trader’s best friend According to a press release from Pontem on Tuesday, the chatbot can answer questions on emerging news...
CEO of Crypto Ponzi Scheme IcomTech Handed Five-Year Sentence
22.1.2024
The CEO of a large-scale crypto Ponzi scheme known as IcomTech has been sentenced to five years in prison and ordered to forfeit $914,000 in criminal proceeds. On January 19th, the U.S. Attorney’s Office, Southern District of New York, issued a press release stating that Marco Ruiz Ochoa...
Is It Too Late to Buy Flare? FLR Price Stays Green Despite Market Crash and BTCMTX Token Could Be Next to Pump
19.1.2024
EVM-based Layer-1 blockchain Flare has stayed green despite the small-scale market crash, leaving some eagle-eyed investors asking ‘is it too late to buy Flare’? Find out in FLR price analysis. Flare’s market defying posture appears to have been fuelled by an exciting move earlier...
Bitcoin Hash Rate Plunges Ahead of Anticipated Halving Event – Here’s the Latest
18.1.2024
The Bitcoin (BTC) hash rate experienced a significant drop of 34% as a result of a sudden freeze in Texas, causing some miners to scale back their operations due to the strain on the state’s energy grid. The development comes at a crucial time, with the anticipated halving event, where...
Egyptian Fintech Startup Zeal Secures $4 Million to Fund Expansion to New Markets
18.1.2024
The Egyptian fintech startup has revealed that it recently raised $4 million in funding via a round led by venture capital firms Raed Ventures and Cur8 Capital. CEO said the firm’s capital raise is expected to help Zeal accelerate its journey “towards utilizing AI to revolutionize...
Circle CEO Jeremy Allaire: ‘Stablecoins Are Set to Change the Financial System Forever’
17.1.2024
Jeremy Allaire, CEO of Circle, a stablecoin company, has declared that blockchain systems are the new infrastructure layer of the internet and that stablecoins are at its core, providing value that is “nearly instant, nearly free and global in scale.” Allaire believes this tech...
Google Cloud Joins Flare Network as a Validator, FLR Surges 37%
15.1.2024
Courtesy: @FlareNetworks on X Google Cloud will serve as a validator for the Flare blockchain and contributor to the Flare Time Series Oracle (FTSO), the “blockchain for data” organization announced Monday. Google Cloud to serve a dual role “Data access at scale is important...
AsiaPay Partners with BLOX to Explore Crypto Payment Solutions in Malaysia
10.1.2024
Source: Pixabay / Michael Wuensch Digital payment company AsiaPay has partnered with BLOX, a Malaysian web3 firm, to explore payment solutions around digital assets in the country. In a Jan 10 press release, the firm explained the need to look into other payment options as more sectors emerge...
Bitcoin Miners Profit as Fees Reach $60M; Rising Interest in Rebel Satoshi Captivates Whales
13.12.2023
In the dynamic world of cryptocurrencies, Bitcoin miners are experiencing a significant rebound, with profits reaching $60 million, highlighting Bitcoin’s enduring appeal. In parallel, the crypto community is witnessing a surge in interest in Rebel Satoshi, a new memecoin, attracting...
Global Bitcoin Mining Community Launched by Mining Grid: Introducing the ‘Mining Race’ Platform
12.12.2023
PRESS RELEASE. Mining Grid,The Blockchain technology-based startup, is thrilled to announce the official launch of its groundbreaking initiative, ‘Mining Race’. This innovative program is set to make waves in the mining community on a global scale. In recent days, Bitcoin’s...
Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service
29.11.2023
The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating
Study Reveals Bitcoin Mining as a Catalyst for Renewable Energy Growth and Flexible Load Systems
28.11.2023
A recently published working paper, collaboratively authored by industry experts, examines the critical influence of bitcoin mining in promoting worldwide clean energy efforts and stabilizing electricity grids. This paper probes into the utility of mining as a flexible and versatile instrument...
IBM brings ‘utility-scale’ quantum computing to Japan as China and Europe struggle to compete
27.11.2023
Experts predict the global quantum computing sector will grow from about $930 million in 2023 to $6.5 billion by 2030, but some global markets may be better poised for growth than others
Bitget Releases Position Grids to Reshape Digital Asset Trading
17.11.2023
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users to take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to...
Ark Invest CEO Cathie Wood Sees Crypto Market Exploding to $25 Trillion in 2030
16.11.2023
Ark Invest CEO Cathie Wood says the crypto ecosystem will be dominated by bitcoin and ether and will scale from about $1 trillion today to $25 trillion in 2030. “The regulatory breakthrough is very important to bring institutions online,” said the asset manager, emphasizing that...
Spanish Regulators Crack Down on Crypto Ad Violations, Hint at Probing X
13.11.2023
Source: Pixabay Spain’s securities market regulatory body said it had begun investigating its inaugural case pertaining to a potential violation of regulations governing large-scale advertising campaigns for crypto assets. The National Securities Market Commission (CNMV) announced on Wednesday last...