Hong Kong Welcomes Crypto With New Initiative For Stablecoin Issuers
5.4.2024
A crypto-supportive bank in Hong Kong is already in touch with five corporate clients planning to become stablecoin issuers.
The post Hong Kong Welcomes Crypto With New Initiative For Stablecoin Issuers appeared first on Cryptonews
Raffle Coin presale captivates Polkadot and Litecoin markets, promoting substantial profits in Q2
5.4.2024
Crypto influencers, traders and investors over the past couple of days have been captivated by the presale of Raffle Coin. Considering how the entire market is due for an uprise, coupled with the fact that a project like Raffle Coin hasn’t really broken the mainstream crypto space, is all a giant...
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
5.4.2024
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD
Ankr and WitnessChain collaborate for DePIN and AVS Innovation
5.4.2024
Ankr adds Ethereum security to the new Web3 protocol, which is regarded as Ankr’s most important feature. It combines safe node operations, innovative liquid staking technologies, and efficient scaling services. Ankr’s infrastructure for vital functions enables the launch of the...
Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production
5.4.2024
According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter. Bitdeer also disclosed that it extracted 294 bitcoins in March, marking a 28.4% enhancement over March...
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
5.4.2024
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust
Bitcoin Mining’s Boon for Small Town America
5.4.2024
Will Foxley’s doc about a small Texas town’s embrace of a new mining facility paints a more positive story about Bitcoin’s impact on rural communities than typically reported
XRP Price Prediction as Ripple Announces New Stablecoin – Can XRP Reach $100?
5.4.2024
News that Ripple Labs is set to launch its very own US dollar-pegged stablecoin has failed to give the XRP (XRP) price a lasting lift. XRP, which is the token of the XRP Ledger launched by Ripple Labs in 2012, was last at $0.587. That leaves it down close to 7% for the week, and […]
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Recent Aave DAO move on MakerDAO fuels DeFi ‘walled gardens’ concerns
5.4.2024
In the recent wake of Web3 adoption, two competitors have found themselves in a squabble in the aftermath of Web3 adoption. Gauntlet, AAVE’s market risk manager, was also caught side-hustling with MakerDAO, AAVE’s direct competitor. Gauntlet’s exit from Aave caused further...
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
5.4.2024
NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra...
Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?
5.4.2024
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving
Meme coins take center stage: A look at this week’s crypto news
5.4.2024
Q1 results show the meme coin frenzy Memecoins were determined to be the most profitable investments in Q1 of 2024, per a recent CoinGecko research. Memecoins have yielded remarkable returns, averaging 1,312.6%. Notably, based on market capitalization, tokens from WIF, MEW, BOME, and other...