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JPMorgan Expects $62 Billion Bitcoin Spot ETFs Market Over 2 To 3 Years
9.3.2024
J.P. Morgan believes Bitcoin spot ETFs likely won’t see much AUM growth in the long term based on valuations of the asset next to gold.
The post JPMorgan Expects $62 Billion Bitcoin Spot ETFs Market Over 2 To 3 Years appeared first on Cryptonews
Kremlin Reveals Plans to Create a “Politics-Free” BRICS Blockchain-Based Payments System
8.3.2024
Yury Ushakov, an aide of Russian president Vladimir Putin, revealed plans to create a digital blockchain payment system for the BRICS bloc. Ushakov remarked that the countries of the group would benefit from implementing such a system for the use of governments, common people, and businesses...
Nigeria’s Central Bank Partners with Gluwa to Boost eNaira Amid Global Regulation Changes
7.3.2024
The Nigerian Central Bank has partnered with the blockchain-based financial platform Gluwa Nigeria to increase the adoption of its digital currency, the eNaira. This move seeks to address financial inclusion challenges and provide credit access to unbanked individuals.
The post Nigeria’s...
WIF Whales Buying SMOG Token in Meme Coin Frenzy, Binance Listing in View After New ATHs
7.3.2024
Solana-based meme coin $SMOG’s price powered 60% higher overnight as the Asian buying frenzy continues and rumors of a Binance listing abound.
The post WIF Whales Buying SMOG Token in Meme Coin Frenzy, Binance Listing in View After New ATHs appeared first on Cryptonews
Astar Network introduces Polygon CDK-based Astar zkEVM
6.3.2024
Astar Network presents zkEVM, a Layer 2 rollup enhanced with ZK that was developed utilizing Polygon CDK and an initial chain that was integrated with the AggLayer. At this time, Astar is expected to demonstrate conventional interoperability with Polygon zkEVM and any future blockchains that...
Japan’s Daiwa Capitalizes on Crypto Boom, Secures 10% Stake in Singaporean Startup
6.3.2024
Japan's Daiwa Securities has decided to acquire a 10% ownership stake in Singapore-based cryptocurrency startup Penguin, citing a growing trend of affluent individuals and institutional investors investing more in the crypto market.
The post Japan’s Daiwa Capitalizes on Crypto Boom, Secures...
BRICS to Develop Digital Currencies and Blockchain-Based Payment System
5.3.2024
BRICS nations announce plans to collaborate to launch an independent blockchain-based payment system, introducing their own digital currencies to streamline cost-effective transactions.
The post BRICS to Develop Digital Currencies and Blockchain-Based Payment System appeared first on Cryptonews
BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
5.3.2024
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said
Hong Kong’s SFC Issues Warning on BitForex Amid Crypto Scam Allegations
4.3.2024
On March 4, Hong Kong's financial watchdog, the Securities and Futures Commission (SFC), issued a public notice about the cryptocurrency exchange BitForex over alleged fraudulent dealings. BitForex, although based in Hong Kong, does not possess the license required by the country's regulatory...
Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales
4.3.2024
Bitcoin (BTC) non-fungible token (NFT) sales have outshined Ethereum (ETH) in the past seven days, driven by a sudden surge in Bitcoin Ordinals-based NFT collections.
The post Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales appeared first on Cryptonews
Play & Earn: Exploring the top trends in cryptocurrency-based gaming for 2024
4.3.2024
P2E gaming involves pooling players with real money value assets while they are in the midst of the game by owning in-game items. Among the most notable features are the blockchain technology used to transfer and verify ownership and its decentralized structure. In 2024, P2E became a major trend...
Lawsuit Filed: Wall Street Journal Faces Defamation Allegations Over Tether-Bitfinex Article
2.3.2024
The Wall Street Journal is facing a defamation lawsuit over an article that allegedly falsely accused a Thai-based aviation fuel broker and his company of involvement in illegal activities.
The post Lawsuit Filed: Wall Street Journal Faces Defamation Allegations Over Tether-Bitfinex Article...
Worldcoin Developer Acquires Solana-Based Digital Wallet Ottr
1.3.2024
Worldcoin's Tools for Humanity has acquired Solana-based Ottr Wallet to foster Worldcoin's user onboarding process.
The post Worldcoin Developer Acquires Solana-Based Digital Wallet Ottr appeared first on Cryptonews
Shido Token Plummets 85% Following Exploit on Ethereum Staking Contract
29.2.2024
The token for the layer-1 blockchain Shido has plunged 85% after the project's Ethereum-based staking contract fell victim to an exploit.
The post Shido Token Plummets 85% Following Exploit on Ethereum Staking Contract appeared first on Cryptonews
Marathon Digital Reports Record $387.5 Million Revenue in 2023, Marking a 229% Increase
29.2.2024
Marathon Digital, a prominent Bitcoin mining company based in the United States, has seen a remarkable surge in revenue in 2023, leading the company to achieve substantial profitability.
The post Marathon Digital Reports Record $387.5 Million Revenue in 2023, Marking a 229% Increase appeared first...
Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand
28.2.2024
Canada-based Ledn announced Wednesday that it now offers loans backed by Ether, in response to significant client demand for the service. They begin with an annual interest rate starting at 10.4%.
The post Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand appeared first...
Matrixport Files Virtual Asset Trading License Application with Hong Kong SFC
28.2.2024
Matrixport applied for a virtual asset trading license with Hong Kong's securities regulator on Feb. 26. A roster published on the Securities and Futures Commission website showed that the platform's Hong Kong-based branch is called Flying Hippo Technologies.
The post Matrixport Files Virtual Asset...
Russia Hints at Development of CBDC-Based BRICS Bridge Payments System
27.2.2024
Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, would address the fragmentation of the current...
John Paller, Founder of ETHDenver, on Present State of ETH, and Future of DeFi, DAOs, and NFTs
27.2.2024
Cryptonews Podcast host Matt Zahab sat down once again with US-based blockchain entrepreneur and Founder of ETHDenver John Paller for another exciting interview. The two talked about ETHDenver setting the main themes for the year and what we may see in 2024. The founder further explained...
U.S. Republican Senators Renew Efforts to Block CBDC Implementation
27.2.2024
US Senators have renewed their assault on any potential central bank digital currency (CBDC) based on the dollar. Republican lawmakers including Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd, and Mike Braun, yesterday filed The CBDC Anti-Surveillance State Act. Their proposal pulls no punches....