Socialfi’s Shining Star Friend.tech Dims: A Tale of Decline and Disinterest
4.2.2024
Just a few months back, social finance (socialfi) platforms were the talk of the town, with Friend.tech leading the charge amidst surging popularity. Yet, as the curtains closed on October 2023, this once-celebrated socialfi platform witnessed a sharp decline in user engagement, and data from...
Genesis Seeks Court Approval to Offload $1.4 Billion in GBTC Assets Post-SEC Settlement
4.2.2024
After reaching an agreement with the U.S. Securities and Exchange Commission (SEC), the bankrupt company Genesis Global Capital has submitted a petition to the bankruptcy court to dispose of holdings from Grayscale’s Bitcoin Trust, Ethereum Trust, and Ethereum Classic Trust. These assets...
Bit.Store and Gate Pay Unveil Gate MiniApp Collaboration for Enhanced Crypto Card Services
4.2.2024
PRESS RELEASE. Bit.Store, a leading innovator in cryptocurrency card solutions, is thrilled to announce its strategic partnership with Gate Pay, one of the world’s premier cryptocurrency exchanges. This collaboration introduces a groundbreaking Gate MiniApp on Gate.io, designed to seamlessly...
Genesis Seeks Green Light from Bankruptcy Court for $1.4 Billion GBTC Share Sale
4.2.2024
Crypto lender Genesis Global Capital, currently undergoing bankruptcy proceedings, has requested permission to sell trust assets worth approximately $1.6 billion. In a motion filed with the U.S. Bankruptcy Court in the Southern District of New York, the firm sought approval to sell assets held...
Cardano’s Decline Leads Holders to Switch from ADA to Pandoshi (PAMBO)
4.2.2024
  Once a leading smart contract network, Cardano has fallen far behind its competitors and the distance keeps growing. This is largely due to the network’s peer-reviewed development method, which mandates that every platform update must be thoroughly scrutinized by numerous experts....
Bitcoin’s Fourth Halving, Nigerian Currency Plunges, Canadian Court Rebukes Trudeau, and More — Week in Review
4.2.2024
Anticipation is high for Bitcoin’s fourth network halving. Meanwhile, the Nigerian currency has hit a new low against the U.S. dollar, while in Canada, the Federal Court declared the freezing of crypto donations during the 2022 “Freedom Convoy” protests unconstitutional. Renowned...
Analyst makes a bold prediction ahead of 2024 bull run, Retik Finance (RETIK) at $0.1 will reach $5 before Polygon (MATIC)
4.2.2024
  The crypto market is filled with anticipation of the next bull run, expected to kick off in a few months. As investors seek out promising projects to back, one analyst has made a bold prediction regarding an emerging decentralized finance (DeFi) platform – Retik Finance (RETIK). Retik...
Shiba Inu (SHIB) Alternative Set for 100x Increase in 2024
4.2.2024
  Shiba Inu (SHIB) has undoubtedly captured the imagination of many investors, thanks to its association with the popular meme culture and its impressive price surges. However, as the crypto market continues to evolve, alternative projects are emerging, and one such contender that stands...
Cryptocurrency Set to Surpass Solana (SOL) and Cardano (ADA)
4.2.2024
  The cryptocurrency market has seen tremendous growth in recent years, with new and innovative projects entering the space. Two standout performers have been Solana (SOL) and Cardano (ADA), which have seen their prices surge over 2,700% and 550%, respectively, in the past three years....
DOJ Charges Belarusian National With Money Laundering Conspiracy and Operating Unlicensed Crypto Exchange
4.2.2024
The United States Department of Justice (DOJ) has charged the Belarus national Aliaksandr Klimenka with money laundering conspiracy and the operation of an unlicensed money services business. Most of these criminal activities were perpetrated via BTC-e’s servers in the U.S. which were “leased...
Nigeria Forex Crisis: Central Bank Removes Cap on Exchange Rate for International Money Transfer Operators
4.2.2024
The Central Bank of Nigeria announced on Jan. 31 that it had removed caps on naira payout rates that international money transfer operators are allowed to quote. The central bank said the policy change is an effort aimed at further liberalizing the foreign exchange market. The naira’s Feb.1...
Solana Price Prediction as SOL Becomes 5th Most-Traded Coin in the Market – Can SOL Overtake Ethereum?
4.2.2024
Solana price prediction takes center stage as SOL ascends to the fifth spot among the most-traded cryptocurrencies, sparking discussions on its potential to rival Ethereum. With its price at $96.50, despite a 2.50% dip over the past day, Solana’s substantial $1.3 billion trading volume...