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Nigerian Crypto Exchange Describes Deposit Suspension as ‘Industry-Standard Precautionary Measure’
19.12.2023
The Nigerian cryptocurrency exchange platform Bitmama recently said it has temporarily suspended deposits due to “ongoing third-party maintenance.” Bitmama said that while earlier media reports about its suspension of deposits are correct, they nevertheless “lack context,”...
How to Buy Sponge V2 ($SPONGEV2) – Easy Guide
19.12.2023
Meme Mania has returned to the broader crypto market. Could Sponge V2 be the next billion-dollar meme coin for 2023? The project has just launched its stake-to-bridge platform, enabling investors to secure early access before exchange listings. In this guide, we explain how to buy Sponge V2 tokens...
South Korean City Busan Names Digital Exchange Preferred Bidder
19.12.2023
Source: SeongGyun/Adobe The South Korean city of Busan is edging closer to the launch of a long-awaited blockchain-powered digital assets trading platform, and has named a preferred bidder. The city has previously pledged to launch the world’s first city government-run exchange before the end...
Arweave Founder Accuses Irys of Planning to Fork the Platform, AR Token Plunges
18.12.2023
Arweave founder Sam Williams has taken to X to allege storage solution company Irys has plans to fork his decentralized information storage firm. “Motivated by greed” In a post from Sunday night, Williamson claims Irys is seeking to fork Arweave in an attempt to “drop the dataset...
Arbitrum Transactions Reach New All-Time High During Inscriptions Frenzy
18.12.2023
Ethereum layer-2 network Arbitrum (ARB) reached a new all-time high in daily transactions over the weekend, joining Bitcoin under a waterfall of blockchain activity spurred by inscriptions. According to data from crypto market analysis platform IntoTheBlock, the network tapped 5.4 million...
Bitcoin Development Platform Tap Protocol Secures $4.2 Million in Funding
18.12.2023
Source: trac.network Bitcoin Ordinals-based development platform Tap Protocol has raised over $4 million in an oversubscribed round, promising more “big” news to come. “We are happy to announce our successful fund raise of $4.2m which was oversubscribed by $13m+,”...
Blockchain-Based Private Credit Surges 55% as Companies Seek Financing Amid Rising Interest Rates
18.12.2023
Image Source: Pixabay More companies are turning to blockchain-based private credit as they seek financing amid increasing interest rates, leading to a significant surge in this sector. According to RWA.xyz, a platform that tracks debt, active private loans through digital ledgers have risen...
Bitcoin Core Dev Discusses ‘Firing’ All Miners With PoW Algo Change: Feisty Exchanges Mark Growing Divide
18.12.2023
Over the last ten years, Luke Dashjr has emerged as a key player in the realm of Bitcoin development and the network’s open-source software. His opposition to specific trends within the Bitcoin ecosystem has gained more attention lately. He has labeled Ordinal inscriptions and non-fungible...
P2P Platform NFT Trader Falls Victim to Security Flaw, $3 Million in Blue-Chip NFTs Lifted
17.12.2023
Reports indicate, and the peer-to-peer non-fungible token (NFT) market platform has confirmed, that the NFT platform NFT Trader experienced a security breach. An assailant exploited an outdated smart contract, resulting in the theft of nearly $3 million worth of esteemed digital collectibles...
Green Bitcoin Presale Continues to Impress, Raising $360K In First Week as Traders Rush to Gamified Predictions
15.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The Green Bitcoin ($GBTC) presale continues to impress after raising well over $360,000 in its first week as investors rush to its gamified staking ecosystem for passive rewards. The platform allows...
BONK Price Pumps 667% as Meme Kombat Gaming Gem Prepares to Be the Meme Coin to Rule Them All
15.12.2023
Thursday, December 14th, 2023 – Over the past four weeks $BONK meme coin has pumped 667%, but it is Meme Kombat token ($MK) that could be the meme coin to rule them all with its battling meme characters platform that’s raised $3 million. Solana-based $BONK is demonstrating the vitality of the meme...
Deutsche Bank-backed Taurus Partners With Teylor To Tokenize SME Loans In Germany
14.12.2023
Source: Pixabay Taurus, a Swiss crypto custody firm supported by Deutsche Bank, has entered into a partnership with Teylor, a fintech lending platform based in Zurich and specializing in the German SME marketplace. In a statement published on Thursday, the companies said that the collaboration aims...
Former Credit Suisse Executive Launches Crypto Trading Platform for Financial Institutions
14.12.2023
Source: Pixabay A new Zurich-based startup Rulematch is creating a customized crypto trading experience for banks and securities firms. The trading venue is launched by a former Credit Suisse executive David Riegelnig. Rulematch has commenced Bitcoin (BTC) and Ether (ETH) spot trading against...
Crypto Exchange Bitget Reveals Mandatory KYC Policy With Incentives for Early Compliance
14.12.2023
On Thursday, the crypto exchange Bitget, headquartered in Seychelles, announced its decision to implement comprehensive Know Your Customer (KYC) policies across its platform. These new KYC requirements are set to take effect on December 15, 2023. Bitget Rolls Out Mandatory KYC Procedures Bitget...
Strike Finance 2024 Roadmap: Discover Our Future Plans and Exclusive Private Funding Opportunity
14.12.2023
Dear Strike Finance Community, As we stand on the precipice of a transformative phase for Strike Finance, charted through our ambitious 2024 Roadmap, we are presented with a crucial decision regarding our funding strategy. This decision will shape not only the trajectory of our platform but also...
Philippine SEC Gives Binance and Other Platforms Operating Without License 3 Months Before Ban
14.12.2023
Source: Adobe Stock The Philippine Securities and Exchange Commission (SEC) has clarified the issues raised over the former advisory to the effect that any unregistered platform will be banned after three months. Speaking at a Dec 13 panel on educating consumers on unregistered exchanges, the head...
Solana-Based Meme Coin BONK Surges 45% after Coinbase Listing
14.12.2023
Source: Adobe Solana-based meme coin BONK has gained more than 45% in the past 24 hours following the announcement of its listing on prominent exchange Coinbase. The move positions BONK as the third-largest meme coin, trailing only Dogecoin (DOGE) and Shiba Inu (SHIB), to be offered on...
U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application
13.12.2023
The Commodity Futures Trading Commission granted crypto derivatives company Bitnomial approval to register as a derivatives clearing organization in the U.S., letting it settle margined futures and options contracts
Messaging App LINE Secures $140 Million for Expansion of NFT Platform
13.12.2023
Source: Pixabay The NFT arm of messaging app LINE has raised $140 million in investment to “popularize the Web3 ecosystem.” In a statement released on Wednesday, LINE NEXT, LINE’s South Korea-based NFT unit, claimed the investment was “the largest in the Asian blockchain and Web3 industry this...
Quantum FBC Review – Scam or Legitimate Crypto Trading Platform
13.12.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Quantum FBC portrays itself as a crypto trading platform that has all the traits an investor could ask for. It asserts that it has a user-friendly interface, is technologically advanced,...