Unveiling Insights from Magic Labs’ Comprehensive WaaS Selection Guide
12.12.2023
In today’s expansive Web3 realm, choosing the right Wallet-as-a-Service (WaaS) provider is a decision of paramount importance for modern, forward-thinking enterprises. In this regard, Magic Labs, a WaaS provider helping businesses onboard users into web3 with instant non-custodial wallet creation...
Jailed Mastermind of South African Bitcoin Scam Reportedly Getting Preferential Treatment in Brazilian Prison
12.12.2023
Johann Steynberg, the imprisoned CEO of Mirror Trading International, a South African Bitcoin scam entity, is allegedly receiving preferential treatment in a Brazilian prison. The General Directorate of Penitentiary Administration (DGAP) has confirmed receiving a complaint about Steynberg’s access...
Major shift in crypto portfolios as big number of Dogecoin holders now buying Retik Finance
12.12.2023
Amidst the rise and fall in the cryptocurrency industry, a remarkable phenomenon is unfolding as many Dogecoin (DOGE) holders pivot towards the promising horizons of Retik Finance (RETIK). This unexpected shift signifies more than just a change in investment preferences; it symbolizes...
China Plans to Verify Identities of its 1.4 Billion Residents Through Blockchain-Based Platform
12.12.2023
Image Source: Pexels China has unveiled plans to use blockchain technology for the verification of real-name identities of its vast population of 1.4 billion people. The announcement came from the Blockchain-based Service Network (BSN), China’s national-level blockchain initiative, according...
Will BTC hit $1 million in 2024? Bitcoin future breakdown
12.12.2023
Bitcoin is back from slumber, and it now means business. That is, there has to be a rise in the valuation of its token, no matter how high it goes. BTC is trading at $41,644.83 at the time of articulating this piece. Speculation around two crucial aspects, namely Spot Bitcoin ETF and Bitcoin...
Enis Bushati to Lead NIZA: Pioneering the Financial and Cryptocurrency Convergence
12.12.2023
Announcement of a momentous financial technology advancement under the direction of Enis Bushati. NIZA, a progressive and forward-thinking initiative, is positioned to revolutionise the financial sector by integrating conventional banking and cryptocurrency services onto a single platform....
Taiwan’s FSC Sets Up Financial Technology Bureau to Oversee Crypto: Report
12.12.2023
Source: Pixabay Taiwan’s Financial Supervisory Commission (FSC) has set up a Financial Technology Bureau to oversee cryptocurrencies to protect investors and increase regulation, according to a Taiwanese news report by United Daily News (UDN). FSC chairman Huang Tian has confirmed the Executive...
Public Crypto Mining Firms Dropped Double Digits After Bitcoin’s Largest Decline in Four Months
12.12.2023
Source: Adobe/artiemedvedev Crypto mining firms have seen double-digit drops after Bitcoin (BTC) experienced its most significant decline in nearly four months. Over the weekend, the value of Bitcoin plummeted to as low as $40,000 after reaching a high above $43,900, causing a ripple effect across...
Bitcoin Price Prediction: Market Reacts to FOMC Meeting, El Salvador Bond & Google’s New Ad Policy
12.12.2023
In the dynamic world of cryptocurrency, Bitcoin (BTC) is experiencing subtle yet noticeable fluctuations, trading at $41,457 with over 0.50% rise as of Tuesday. Market sentiments are heavily influenced by key economic events and policy changes. As the Federal Open Market Committee (FOMC) meeting...
Crypto Exchange Bitget Records 20% Surge in New Users with 89% Buying Bitcoin in December
12.12.2023
Source: Pexels In the opening week of December, crypto exchange Bitget witnessed a significant surge in new user registrations, surpassing the entire count for December of the previous year by 20%. In a press release shared with CryptoNews, the crypto exchange revealed that 89% of these new users...
Horizen Labs, Offchain Labs, and the Arbitrum Foundation Propose Apechain Powered by Arbitrum
12.12.2023
A collaboration between Horizen Labs, Offchain Labs, and the Arbitrum Foundation aims to bolster the apecoin (APE) ecosystem through the development of a dedicated blockchain, Apechain. Envisioned to leverage Arbitrum technology and governed by Apecoin DAO, the teams believe this initiative...
El Salvador’s Bitcoin Bonds Get Regulatory Approval, Launch Set for Early 2024
12.12.2023
Source: RawBeautyPixels/Adobe El Salvador’s highly anticipated Bitcoin (BTC) bonds, also known as “Volcano Bonds,” have received the regulatory approval for an early 2024 issuance. The bonds are expected to be offered on Bitfinex Securities, a regulated division of the popular...