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Crypto KYC Solutions Advance to Ensure Adoption and Better User Experience
14.12.2023
Know-your-customer (KYC) measures are becoming more important as the cryptocurrency sector grows. These models have proven to help digital asset service providers prevent against crimes such as money laundering, terrorist financing and more. Yet while KYC processes can help financial firms better...
Turkish Banking Titans Move into Crypto Space, Anticipating Upcoming Legislation
14.12.2023
Source: iStock / Muratani As Turkey prepares for new legislation in the crypto sector, major banking institutions in the country are making moves to secure their positions in the digital asset space. Despite uncertainties about the potential strictness of the impending laws, institutional adoption...
Lolli Secures $8M in Series B Funding to Boost Crypto Adoption Through Innovative Rewards System
14.12.2023
With a fresh infusion of $8 million in Series B funding, Lolli aims to be well positioned to continue improving upon and growing the cryptocurrency rewards sector. Lolli Secures $8 Million for Crypto Rewards Market Expansion Lolli, a prominent player in the bitcoin and cashback rewards arena, today...
Uptick in Token Generation Events Signals Market Shift
14.12.2023
The behavior of the cryptocurrency market has changed, with a newfound interest in Token Generation Events (TGEs) and rapid listings, pointing to a potentially revitalized crypto market and an influx of new projects. Crypto Market Shifts Gears With Surge in Token Generation Events In a development...
Solana’s meme coin BONK reaches ATH, Cardano Whales are exploring this AI crypto
13.12.2023
In the ever-surprising world of cryptocurrencies, BONK, a meme coin from the Solana ecosystem, recently hit an all-time high, showcasing a remarkable increase in value in just one day. This surge is aligned with the upbeat trend in the broader crypto market, particularly in the memecoin sector....
12 Best Bitcoin Sports Betting Sites for December, 2023
12.12.2023
Sports betting is a massive part of the global economy and is estimated to be worth around $250 billion across the world in 2023 – crypto betting is a rapidly-growing sector of the industry as customers switch to Bitcoin betting and crypto sportsbooks because of their huge welcome bonuses...
Enis Bushati to Lead NIZA: Pioneering the Financial and Cryptocurrency Convergence
12.12.2023
Announcement of a momentous financial technology advancement under the direction of Enis Bushati. NIZA, a progressive and forward-thinking initiative, is positioned to revolutionise the financial sector by integrating conventional banking and cryptocurrency services onto a single platform....
Segregation of Exchanges, Market Makers and Custodians Necessary for Crypto Businesses to Thrive
10.12.2023
  Crypto whales acquire AI token $LPXX amid Microsoft’s AI talent acquisition. Image by Kaleb, Adobe Stock. The cryptocurrency sector may be advancing, yet industry experts are becoming aware that exchanges, market makers and custodians must act as separate entities in order...
Meme Coins Surge in Value, Gaining $6.7 Billion in a Month With BONK, PEPE, and SHIB Leading the Rally
9.12.2023
Meme coins have been on a tear over the past month, increasing by $6.7 billion and 39.18% since Nov. 8. While bonk (BONK) led the pack this past week, rising 153% against the U.S. dollar, several other meme coins like dogecoin, shiba inu, and pepe recorded double-digit gains. Explosive Growth...
Indian Government Confirms Commitment to Supporting Web3 Startups
9.12.2023
The Indian government has confirmed its commitment to supporting startups that are innovating in the Web3 sector in India. “Web3 represents the future of internet and the government is committed to ensuring that the innovators and innovation from India create the future of Web3...
Exclusive: Crypto Gaming Platform Portal Taps Top Hollywood Agency WME
8.12.2023
Source: AdobeStock / AhmadSoleh Web3 gaming platform Portal has signed with the top Hollywood-based talent agency WME to enhance distribution in the gaming sector. Portal will be represented by WME across various entertainment sectors, the firm revealed exclusively to CryptoNews. WME manages...
Starfield Testers Had To Unionize To Get A Copy Of The Game
8.12.2023
Microsoft has agreed to add 77 temporary game testers the recently established quality assurance union at ZeniMax Studios. In a breakthrough moment for the industry’s growing labor movement, 23 of the workers will become full-time, while all will get raises and free copies of Starfield,...
Parliament of India Holds Discussion on Future of Web3
7.12.2023
Source: Pixabay The lower house of the Indian Parliament, Lok Sabha, held a discussion on the importance of web3 and blockchain sector in India on December 6. Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, emphasized the importance of Web3 and Blockchain...
Dogecoin (DOGE) Momentum Slows as This New Emerging Memecoin is Stealing The Show
6.12.2023
In the vibrant world of cryptocurrencies, a new star is rising, capturing the attention of investors and enthusiasts alike. While Dogecoin (DOGE) has been a household name in the memecoin sector, its momentum is slowing. In its place, Rebel Satoshi ($RBLZ) is emerging as the new face of meme coins...
US Financial Services Platform Sofi Announces Exit From Crypto Market
5.12.2023
Starting Dec. 19, the financial services platform Sofi will stop offering crypto services to its customers. Sofi said banking regulators’ increased scrutiny of the crypto sector compelled it to make this decision. The company has outlined the steps that must be taken by customers who...
Nettexx: A Definitive Business-Centric Cryptocurrency Platform
4.12.2023
Amidst the continuous transformation of the global marketplace, organizations across diverse industries proactively pursue novel approaches to improve customer contentment and optimize processes. The prevalent adoption of cryptocurrencies significantly impacts the dynamics of business transactions...
South Africa’s Financial Regulator to Assess 36 Crypto Firms Seeking Licenses in December
4.12.2023
Source: Pexels South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA) is set to review the applications to 36 cryptocurrency companies seeking operational licenses in the country this month. According to a report published by local media sources, the regulator will...
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million
3.12.2023
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading fees.” Only...
Pepe and Shiba Inu See Drop in Investor Interest While NuggetRush Soars in Presale
3.12.2023
TLDR Pepe and Shiba Inu are experiencing a drop in investor interest. Investors are opting for NuggetRush for its intriguing blend of GameFi and P2E. According to experts, its value will rise by 60x. The meme landscape is experiencing a shift in dynamics. A significant trend emerging from...