-
bob wrote a new post
10 minutes ago
Former MIT Alumnus Launches Dirham-Backed Stablecoin to Combat High Inflation
Akshay Naheta, a former MIT alumnus and SoftBank executive, has launched a Dirham-backed stablecoin called DRAM. The Abu Dhabi-based company has been developing the technology since October 2022 and the Ethereum…
-
bob wrote a new post
35 minutes ago
Solana (SOL) Primed for Long-Term Bullish Trend, Institutional Inflows Surge
Solana (SOL) has been gaining traction in the crypto market, with a well-known crypto analyst suggesting that it is a prime opportunity for long-term investors. The analyst, Inmortal, has forecasted a target price…
-
bob wrote a new post
1 hour ago
Ethereum Could Outperform Bitcoin, Bitwise CIO Explains Why
Bitwise chief information officer (CIO) Matt Hougan recently tweeted five reasons why Ethereum (ETH) is a more compelling investment opportunity than Bitcoin. Hougan highlighted Ethereum’s potential as a r…
-
bob wrote a new post
1 hour, 21 minutes ago
BTG Pactual Acquires Crypto-Friendly Brokerage Orama DTVM
BTG Pactual, a major Brazilian investment bank, has signed an agreement to acquire 100% of Orama DTVM’s shares for 500 million Brazilian reais ($98.7 million). This acquisition is part of BTG Pactual’s digital exp…
-
bob wrote a new post
2 hours, 2 minutes ago
Cryptocurrency Market Grapples With Recession Fears Amidst Q4 Optimism
Bitcoin (BTC) surged above the $28,000 mark on Monday, but concerns loom large in the crypto market. Mike McGlone, Commodity Strategist at Bloomberg, suggested that cryptocurrencies are grappling with the ominous…
-
bob wrote a new post
2 hours, 43 minutes ago
Crypto Losses Reach $1.4 Billion in Q3 2023: Immunefi Report
Immunefi, the leading bug bounty and security services platform for web3, published its Crypto Losses in Q3 2023 Report. According to the report, the crypto industry lost a total of $685,510,444 in Q3 of 2023,…
-
bob wrote a new post
2 hours, 43 minutes ago
CoinW Unveils Refurbished Wallet Security Architecture
CoinW, a distinguished player in the digital trading arena, has unveiled its refurbished wallet security architecture. This decisive step is in alignment with CoinW’s commitment to fortify its promise of p…
-
bob wrote a new post
2 hours, 45 minutes ago
NexGami Secures $2 Million Seed Funding Round, Valuation Reaches $20 Million
NexGami, a leader in the gamefi space, has successfully completed a $2 million seed funding round, resulting in a post-investment valuation of $20 million. The round was backed by a consortium of renowned…
-
bob wrote a new post
2 hours, 51 minutes ago
GMX and Bitget Wallet Collaborate to Enhance Decentralized Trading Experience
GMX, a decentralized perpetual futures trading protocol, has collaborated with Bitget Wallet to integrate it as a recommended wallet for accessing the GMX platform. This collaboration marks the beginning of…
-
bob wrote a new post
3 hours, 1 minute ago
XRP Price Drops After Whale Sells 28.5 Million Tokens
XRP saw a surge in price over the weekend, reaching above $0.54, but the euphoria was short-lived as the altcoin saw a drawdown that brought it back to the $0.50 level. The decline was likely due to a large whale…
-
bob wrote a new post
3 hours, 22 minutes ago
Composable Pioneers Inter-Blockchain Communication Expansion Across Cosmos, Polkadot, and Web3 Ecosystems
Composable is presenting at Cosmoverse’23 as a Keynote Speaker and Diamond Sponsor, in collaboration with Polkadot and the Web3 Foundation. The Composable team is building the infrastructure and necessary p…
-
bob wrote a new post
3 hours, 32 minutes ago
Ethereum Users Lose Funds in Friend.Tech Hacks
Friend.Tech, a platform for Ethereum users, has recently come under scrutiny due to a wave of reported compromised accounts and the subsequent loss of funds through SIM-swap attacks and hacks. Victims of the…
-
bob wrote a new post
4 hours, 3 minutes ago
Governor of Banco de Portugal Calls for Global Crypto Regulation Framework
Mário Centeno, Governor of Banco de Portugal, has called for international cooperation to create a “robust framework” for regulating and supervising crypto assets and decentralized finance (DeFi). He believes that…
-
bob wrote a new post
4 hours, 3 minutes ago
Visa Launches $100 Million Generative AI Fund to Invest in Commerce and Payments
Visa, a global payment giant, has announced a new $100 million generative AI initiative to invest in companies focused on developing AI technologies and applications related to commerce and payments. Generative AI…
-
bob wrote a new post
4 hours, 8 minutes ago
SEC Must Reach Verdict on Bitcoin ETFs by Mid-March, Bloomberg Analyst Boosts Odds to 95% by 2024
The United States Securities and Exchange Commission (SEC) is expected to reach a final verdict on the seven firms in question by mid-March. Eric Balchunas, an ETF analyst at Bloomberg, has adjusted the…
-
bob wrote a new post
4 hours, 33 minutes agoBinance Assists Thai Police in Dismantling Criminal Networks
Binance, the world’s leading blockchain ecosystem and digital asset infrastructure provider, recently assisted the Royal Thai Police in two major operations to dismantle criminal networks engaged in crypto s…
-
bob wrote a new post
4 hours, 49 minutes ago
Binance and CEO CZ Face Class-Action Lawsuit Over Alleged Market Manipulation
A class-action lawsuit has been brought against Binance.US and its CEO, Changpeng Zhao, accusing them of attempting to monopolize the cryptocurrency market and negatively impacting competitor FTX. The lawsuit…
-
bob wrote a new post
5 hours, 3 minutes ago
Class Action Lawsuit Accuses Binance of Market Manipulation
Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao (CZ) are facing a class action lawsuit in California federal court. The lawsuit was filed by an FTX user who lost assets when FTX c…
-
bob wrote a new post
5 hours, 5 minutes ago
Low Trading Volumes for Ethereum Futures ETFs Despite Launch
On October 2, nine Ethereum futures ETFs were launched in the US, but initial trading volumes were low according to industry experts. Eric Balchunas, a Bloomberg ETF analyst, said that the volume was “pretty m…
