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Spin’s upcoming ICO brings attention to the market
12.2.2024
An upcoming ICO by Spin has brought all the attention to the market. Most of the investors missed out on projects like Tezos and Filecoin. They can now, however, block the space and remain informed to avoid missing out on portfolio gains. The date for the Spin ICO is yet to be made public....
Lucrative Opportunities in Crypto Market – BITmarkets Offers 100% Trading Bonus
8.2.2024
BITmarkets has announced that it will offer its customers a 100 percent trading bonus. It has said that the promotional strategy is part of its commitment to enhancing the trading experience on the platform. The core objectives of rolling out a 100% trading bonus are to foster crypto engagement...
SURF Reward and TG.Casino offer crypto rollercoaster for investors
8.2.2024
The crypto market has been a profitable venture for investors worldwide. Some investors even find crypto presales to be more profitable than standard trading. Investing in promising crypto presales offers unmatched discounts, better shares, and immense monetary opportunities. That is why crypto...
Axelar introduces Interchain Token Services
7.2.2024
Axelar has implemented Interchain Token Services (ITS) as a means to resolve the challenges associated with the complexities of distributing a token across multiple chains. This most recent application preserves the attributes and fungibility of each ERC-20 token while allowing it to traverse...
Shielded pool to be deactivated on the Horizen mainchain
7.2.2024
On February 7, ZEN will implement a network scaling operation involving the mainnet and a hard fork. Subsequently, the shielded pool will be rendered completely inactive. It is recommended that all funds be transferred from the shielded pool prior to that time. The loss of shielded ZEN will result...
Cryptocurrency craze: AI-powered innovation in the world of crypto
6.2.2024
AI or artificial intelligence plays a multifaceted role in the cryptocurrency landscape and for those looking to navigate the evolving world of AI-powered crypto confidently. AI has introduced a layer of consistency and reliability, adapting swiftly to rapid market changes and ensuring that...
Nayib Bukele wins reelection as president of El Salvador
5.2.2024
Nayib Bukele, who gained a decisive victory and is renowned for his affinity with Bitcoin, has been sworn in as the president of El Salvador for 2024. Bukele disclosed the information prior to the electoral body’s official announcement. According to a tweet by Bukele, he emerged victorious...
South Korea suggests crypto executive vetting for better supervision
5.2.2024
The Financial Services Commission (FSC) of South Korea has proposed modifications to the crypto regulations that would provide more power to authorities investigating crypto businesses. To commence, it will be mandatory for newly hired personnel of cryptocurrency-related organizations to provide...
Genesis seeks court approval to sell GBTC shares worth $1.4B
5.2.2024
Genesis Global Capital, a presently inactive entity that was engaged in cryptocurrency lending, has recently submitted a revised motion to the United States Bankruptcy Court for the Southern District of New York. This is in reference to its need to receive approval for liquidating trust assets...
Celsius begins distributing more than $3 billion to creditors
1.2.2024
Celsius Network has announced that it has begun distributing funds to creditors. Approximately $3 billion has been rolled out in cryptocurrency and fiat currency. Also, Celsius Network has said that it is incorporating a new Bitcoin mining company called Ionic Digital Inc. It will be owned...
UAE makes first $13.6M Digital Dirham CDBC Payment to China
31.1.2024
The UAE makes its first cross-border digital Dirham transaction worth $13.6 million to China. Sheikh Mansour bin Zayed Al Nahyan, Chairman of the Board of Directors of the UAE Central Bank, made the transfer. The cross-border transaction was conducted through the mBridge platform, an initiative...
What made Pepe Coin the Most Controversial Crypto Meme Coin
31.1.2024
Pepe Coin, or $PEPE, launched back in April 2023 and has been involved in controversies ever since. Inspired by the internet meme Pepe the Frog, the crypto was built on Ethereum. Unlike other meme coins, the frog-inspired PEPE could be the SHIB-killer and it has embraced its meme-based identity...
India’s Web3 community seeks relief in the upcoming Budget 2024
30.1.2024
India’s Finance Minister, Nirmala Sitharaman, will present the budget for 2024–2025 on February 1, 2024. This is the last budget session before the nation delves into the Lok Sabha elections. The Web3 community of the country, for one, has come forward with its demands. The community seeks...
The Principality of Liechtenstein accepts $EGLD & other cryptos
30.1.2024
The Principality of Liechtenstein recently announced support for $EGLD and other cryptocurrencies. The European nation has joined hands with xMoney.com to accept cryptocurrencies like BTC and ETH for all state services. xMoney.com confirmed the news on its official X/Twitter account as well....
Private equity expert Mark Hauser presents a snapshot of the evolving cryptocurrency marketplace
29.1.2024
As global investors continuously fine-tune their portfolios, they consider investments’ performance and economic conditions before making trading decisions. Equipped with this information, an investor often purchases traditional investments such as stocks, bonds, and mutual funds. However...
Crypto market correction: A temporary dip or a fundamental shift?
24.1.2024
The crypto market has not really done well since the launch of the Bitcoin ETF. The valuation of every possible token is crumbling every day. BTC, for one, is down to ~$40,000, and ETH is trading at ~$2,200. Many have stated that this is a temporary pullback, expected to last for a short time. Some...
Global cryptocurrency ownership rose 34% in 2023, reports Crypto.com
23.1.2024
According to the crypto market sizing report published by Crypto.com, the number of international cryptocurrency owners increased by 34% in 2023. The amount spent stood at 432 million in January 2023, and by December, it had increased to 580 million. A similar situation occurred in 2022, with...
iExec introduces IDE for iExec Oracles
22.1.2024
iExec has introduced an improved IDE for iExec Oracles. IDE is an acronym for Integrated Development Environment. While details are yet to be made public, it has been clarified by iExec that the objective behind launching an IDE would be to streamline the development process and enable developers...
Terraform Labs declares bankruptcy under Chapter 11
22.1.2024
A US federal judge recently stayed the proceedings in the case against Terraform Labs and its founder, Do Kwon. Nevertheless, the organization is presently seeking constitutional protection via Chapter 11. This can be attributed to the company’s assertion that it possesses assets...
VanEck ceases multi-currency trading in USD for select ETPs
12.1.2024
VanEck announced the cessation of USD multi-currency trading for a subset of Exchange Traded Products (ETPs). Among these are VDOT, VBTC, VETH, and VSOL. Although they are not listed for trading on the SIX Swiss Exchange, they are available for purchase in USD and EUR on Euronext Amsterdam, Xetra...