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2 years agoBitcoin Stalls at $26K as Altcoins See Mixed Performance
Bitcoin (BTC) has returned to its familiar price level of around $26,000 after a week of massive volatility. Most altcoins are trading quietly, with the exception of Rocket Pool, Synthetix, and Stellar, which have…
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2 years agoGroupFi to Challenge Facebook with Tokens and NFTs in Billion-Dollar Market
Tanglepay has unveiled GroupFi, a new protocol that uses IOTA’s Shimmer technology to revolutionize Web3 social interactions. GroupFi is positioned to challenge social giants like Facebook, opening up a new a…
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2 years agoNigerians Lead the World in Cryptocurrency Awareness and Investment
Nigeria and South Africa have the most cryptocurrency-aware populace in the world, according to a global survey conducted by Consensys and YouGov. The survey included 15,158 individuals from 15 countries between…
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2 years agoMakerDAO's Endgame Plan Sparks Debate in Crypto Community
Ethereum co-founder Vitalik Buterin recently sold all his MakerDAO’s MKR tokens in response to the news that MakerDAO is considering Solana for its blockchain network. Solana’s co-founder, Anatoly Yakovenko, has…
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2 years agoPayPal's Stablecoin PYUSD Listed on Coinbase, Market Cap of Stablecoins Declines
PayPal’s stablecoin (PYUSD) has been listed on Coinbase, and other exchanges, after the likes of Kraken, ByBit, Huobi, and Crypto.com made it available for trading. Unfortunately, the last couple of months have b…
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2 years agoNPCI Seeks Blockchain Technologist to Investigate Payment System Opportunities
The National Payments Corporation of India (NPCI), an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies, is looking for a blockchain technologist to head and investigate…
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2 years agoLSE Group to Launch Blockchain-Based Platform for Traditional Assets
The London Stock Exchange (LSE) Group is reportedly planning to create a blockchain-based platform that will offer traditional financial assets. According to the head of capital markets Murray Roos, the company has…
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2 years agoShibarium Surpasses 900,000 Transactions and 1 Million Wallets; Could it Boost SHIB Price?
Shibarium, part of the Shiba Inu Ecosystem, has achieved remarkable milestones with over 900,000 transactions and 1 million wallets. To bolster user trust and engagement, the Shibarium team has incorporated the…
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2 years agoChina's Central Bank Digital Currency Upgrades Payment Tools for Retail Use
The People’s Bank of China’s Digital Currency Research Institute Director, Changchun Mu, recently spoke at the China International Service Trade Fair, expressing the desire to see the Chinese CBDC, or renminbi, inc…
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2 years agoNext Cryptocurrencies to Explode: Sonik Coin, Synthetix, Wall Street Memes, Baby Shiba Inu, and PondCoin
Cryptocurrency investors are faced with two alternatives: either to buy the dip or explore altcoins. With the downtrends biting hard into crypto asset gains, investors are looking for the next cryptocurrencies to…
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2 years agoCrypto Volumes Fall for Fifth Month in a Row, Stablecoins See Gains
The total adjusted on-chain volume for the leading two crypto assets, Bitcoin and Ethereum, decreased by 6.3% to $176 billion in August. Bitcoin volumes fell by 6.7% and Ethereum by 5.7%, marking the fifth month of…
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2 years agoUS District Court Allows Class Action Lawsuit Against HelbizCoin Creators to Proceed
A class action lawsuit against the creators of HelbizCoin has been allowed to proceed by a United States District Court, as per a court ruling filed on Sept. 1. The lawsuit was first brought against Helbiz, its CEO…
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2 years agoHalf of Turkish Adults Invest in Cryptocurrency to Protect Wealth
Cryptocurrency has become a popular investment option for Turkish adults, with 52% of those aged 18 to 60 having invested in crypto, according to a survey conducted in May 2023. This is a 12% increase from 40% in…
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2 years agoCanaan's Q2 Revenue Surges Despite Bitcoin Price Slump
Canaan, a Nasdaq-listed Bitcoin mining firm, reported a total revenue of $73.9 million in Q2 2023, a quarter-on-quarter climb from $55.2 million. This figure was comprised of $57.9 million in product revenue and…
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2 years agoProposed Ethereum Court System to Protect Protocols from Political Interference
Alex Gluchowski, co-founder and CEO of Matter Labs, has proposed an Ethereum court system resembling a hierarchical court system similar to the real world. In a post on Twitter, Gluchowski suggested the idea of an…
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2 years agoSEC Certification Request Denied: Ripple Argues Court Should Reject Appeal
Ripple has filed a motion requesting the court to deny the SEC’s certification request for an immediate appeal of a recent court ruling that went against the regulator in its case against the firm. The court r…
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2 years agoFTX Wallet Moves $10M in Digital Assets Amid Bankruptcy Proceedings
FTX, a bankrupt crypto exchange, has recently moved $10 million worth of digital assets from the Solana network to Ethereum, raising concerns that it could be the beginning of a series of token dumps. According to…
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2 years agoRussian State-Sponsored Malware Targets Crypto Wallets and Exchanges
The US National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), and the UK National Cyber Security Centre (NCSC) have released a joint report…
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2 years agoArgo Blockchain Reduces Debt by Half, Revenue Down in H1 2023
Argo Blockchain, the leading cryptocurrency miner, has managed to reduce its debt to $75 million during the first half of 2023, a significant decrease from the $143 million it owed at the end of June 2022. The…
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2 years agoRipple's Legal Victory: Wall Street Expert Optimistic About XRP IPO
Ripple Labs, the entity behind the XRP cryptocurrency, has not yet initiated the process for an initial public offering (IPO). However, back in 2022, Ripple’s CEO, Brad Garlinghouse, indicated to CNBC that the c…