Filecoin & Axie Infinity lose steam as community flock to Pomerdoge presale
8.8.2023
The presale season is underway; experts call it the best time to make big money. During presales, you get to invest in a cryptocurrency at a lower price. At present, experts and investors are rooting for Pomerdoge. It is a new project that has amazed the market within just a few days of its launch....
Cronos Labs enters the Korean market
8.8.2023
Cronos Labs, known for its blockchain network, has announced that it is now targeting the market of Korea for its global expansion. The move became more evident when Cronos Labs marked its presence at the Seoul Web3 Festival to judge some of the upcoming dApps, short for decentralized applications....
Bank of England will get more power in regulating stablecoins
8.8.2023
The United Kingdom government could rebalance the power between the Bank of England and the country’s principal financial regulator, the Financial Conduct Authority
AI Will Be One of the Most Important Investment Themes Over the Next Decade: Morgan Stanley
8.8.2023
The generative-AI market rally is assumed to have started with the launch of ChatGPT late last year, the report said
US Representative Patrick McHenry: Stablecoins ‘Hold Promise as a Pillar of Our 21st-Century Payments System’
8.8.2023
Representative Patrick McHenry, chairman of the House Financial Services Committee, weighed in positively on the launch of PYUSD, a dollar-pegged stablecoin issued by Paypal, a U.S.-based payments company. McHenry stated that if properly regulated, stablecoins “hold promise as a pillar of...
Two-thirds of AI Chrome extensions could endanger user security: data
8.8.2023
Data from an Incogni report revealed that 69% of AI extensions for Google Chrome have a high risk impact on users’ cybersecurity if they are breached
Cathie Wood says SEC will endorse Bitcoin ETFs
8.8.2023
Cathie Wood, who is the CEO and CIO of ARK Investment Management, is of the opinion that the Securities and Exchange Commission will endorse various spot-bitcoin ETFs together. This is contrary to her earlier understanding that her company would be the first to receive the go-ahead for...
Cardano Price Prediction as Blockchain Transactions Surge Up Nearly 50% in 3 Months – Are Whales Moving to Cardano?
8.8.2023
The price of Cardano (ADA) has dropped by 0.5% in the past 24 hours, with its slide to $0.290402 also representing a 5% loss in the last seven days.
This weekly fall comes amid a difficult period for the wider cryptocurrency market, which has recently been undermined by negativity surrounding...
Crypto Exchange Bitstamp to Expand Operations with New Fundraising Plan
8.8.2023
Bitstamp, an early crypto exchange founded in 2011, is reportedly planning fresh fundraising “through strategic investors” to gear up the exchange’s growth and operations.
Speaking to Bloomberg, Jean-Baptiste Graftieaux, CEO of Bitstamp said that the exchange is “not for sale.” He said that...
Ripple is Going to Zero as XRP Price Plummets 12% While This New XRP Coin Raises $1.1 Million – 1,000x Potential Soon?
8.8.2023
While the landmark ruling in the Ripple vs SEC case have sent waves through the crypto market, XRP price action has faced a disappointing bleed-out.
High expectations of XRP breaking $1 seem to be crushed, as XRP's downside slide enters its 21st day.
The downward momentum has left XRP trading...
Cypher Protocol Loses $1 Million in Blockchain Exploit – Here's What Happened
8.8.2023
Solana-based decentralized exchange Cypher Protocol halted its smart contract following an exploit that saw an estimated $1 million stolen.
On the evening of August 7 (UTC), Cypher confirmed that there had been a security incident, saying that the team was investigating it, but without providing...
PayPal introduces PYUSD, new stablecoin
8.8.2023
PayPal has introduced its stablecoin to the community. It goes by the symbol PYUSD. PayPal’s stablecoin is backed by the US Dollar with a value equivalent to the fiat currency. Meaning 1 US Dollar translates to 1 PYUSD. The stablecoin will roll out in the days to come; however, the community...