Binance Sale of USDC for BTC and ETH Raises Fresh Concerns In Latest Proof-of-Reserves Report
8.8.2023
Binance's latest proof-of-reserves (PoR) report has come under scrutiny following its depleting USDC reserves after the collapse of Silvergate Bank.
The report released on Aug 1 to show transparency in the exchange’s dealings with user assets has sparked arguments across social media spaces...
iFX EXPO International 2023 in Cyprus – What you need to know?
8.8.2023
Anticipation is quickly building for the largest financial B2B exhibition of the year, iFX EXPO International, in Limassol, Cyprus. Held on September 19-21, all eyes will be on the show’s newest prestigious venue, the City of Dreams Mediterranean Integrated Resort. The countdown...
Glassnode Data Reveals Bitcoin HODLers Reach New Record: Long-Term Holders Now Control More BTC Than Ever
8.8.2023
The staunchest Bitcoiners, known in industry terms as long-term holders, now control more Bitcoin (BTC) than ever before, new data from blockchain analytics firm Glassnode has revealed.
According to the data, the so-called long-term holder supply now stands at 14.599 million BTC, representing...
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...