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Indian Government Confirms Commitment to Supporting Web3 Startups
9.12.2023
The Indian government has confirmed its commitment to supporting startups that are innovating in the Web3 sector in India. “Web3 represents the future of internet and the government is committed to ensuring that the innovators and innovation from India create the future of Web3...
Exclusive: Crypto Gaming Platform Portal Taps Top Hollywood Agency WME
8.12.2023
Source: AdobeStock / AhmadSoleh Web3 gaming platform Portal has signed with the top Hollywood-based talent agency WME to enhance distribution in the gaming sector. Portal will be represented by WME across various entertainment sectors, the firm revealed exclusively to CryptoNews. WME manages...
Starfield Testers Had To Unionize To Get A Copy Of The Game
8.12.2023
Microsoft has agreed to add 77 temporary game testers the recently established quality assurance union at ZeniMax Studios. In a breakthrough moment for the industry’s growing labor movement, 23 of the workers will become full-time, while all will get raises and free copies of Starfield,...
Parliament of India Holds Discussion on Future of Web3
7.12.2023
Source: Pixabay The lower house of the Indian Parliament, Lok Sabha, held a discussion on the importance of web3 and blockchain sector in India on December 6. Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, emphasized the importance of Web3 and Blockchain...
Dogecoin (DOGE) Momentum Slows as This New Emerging Memecoin is Stealing The Show
6.12.2023
In the vibrant world of cryptocurrencies, a new star is rising, capturing the attention of investors and enthusiasts alike. While Dogecoin (DOGE) has been a household name in the memecoin sector, its momentum is slowing. In its place, Rebel Satoshi ($RBLZ) is emerging as the new face of meme coins...
US Financial Services Platform Sofi Announces Exit From Crypto Market
5.12.2023
Starting Dec. 19, the financial services platform Sofi will stop offering crypto services to its customers. Sofi said banking regulators’ increased scrutiny of the crypto sector compelled it to make this decision. The company has outlined the steps that must be taken by customers who...
Nettexx: A Definitive Business-Centric Cryptocurrency Platform
4.12.2023
Amidst the continuous transformation of the global marketplace, organizations across diverse industries proactively pursue novel approaches to improve customer contentment and optimize processes. The prevalent adoption of cryptocurrencies significantly impacts the dynamics of business transactions...
South Africa’s Financial Regulator to Assess 36 Crypto Firms Seeking Licenses in December
4.12.2023
Source: Pexels South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA) is set to review the applications to 36 cryptocurrency companies seeking operational licenses in the country this month. According to a report published by local media sources, the regulator will...
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million
3.12.2023
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading fees.” Only...
Pepe and Shiba Inu See Drop in Investor Interest While NuggetRush Soars in Presale
3.12.2023
TLDR Pepe and Shiba Inu are experiencing a drop in investor interest. Investors are opting for NuggetRush for its intriguing blend of GameFi and P2E. According to experts, its value will rise by 60x. The meme landscape is experiencing a shift in dynamics. A significant trend emerging from...
CryptoPunks and Bored Apes Dip as NFT-500 Index Falls Despite Crypto Rally
1.12.2023
CryptoPunk NFT. Source: Adobe / ArtmediaworX While the broader crypto market appears to be moving toward a potential bull-market phase, the non-fungible token (NFT) sector, led by collections like CryptoPunks and Bored Apes, is experiencing a contrasting trend. The Nansen NFT-500 index, which...
The Crypto Sector’s Future: NuggetRush Merges P2E Gaming, Bitcoin Aims for $40,000
1.12.2023
TLDR Growing demand for Spot ETFs has pushed Bitcoin (BTC) near the $40,000 mark. NuggetRush has unveiled the first-ever play-to-earn adventure dedicated to artisanal mining. Eager investors have purchased over $700,000 worth of NUGX tokens. Bitcoin (BTC) bulls are eyeing the $40,000 mark...
$AIMEME Soars: Achieves 1542% Growth in 30 Minutes Following LBank Listing
1.12.2023
PRESS RELEASE. In a groundbreaking move within the cryptocurrency market, LBank’s Launchpad for ACGN Protocol’s native token, $AIMEME, has emerged as a focal point, marking a remarkable advancement in the crypto market. This achievement holds particular significance in the anime...
Profi Group: The Art of Investing Embodied in Artificial Intelligence and Blockchain
1.12.2023
London, UK 12/01/2023 In a world where technological solutions emerge daily, the financial sector is undergoing a revolution. A leading player in this transformation is the British fund Profi Group, whose innovative approach to investing finds embodiment in artificial intelligence (AI). With...
Crypto Analysts are Stacking This Dark Horse AI Crypto Token Before it Lists on Exchanges – Here’s Why
30.11.2023
yPredict uses AI to provide crypto traders with predictive insights. Image by Kerem Goktug Kaya, DALL-E 3. Artificial intelligence has become integral across industries, transforming how businesses operate. The crypto sector is no exception, with AI powering innovation in trading strategies....
European Central Bank Official Warns: Crypto Entities to Face Stringent Banking Oversight
30.11.2023
Source: Adobe / nmann77 Andrea Enria, Chair of the supervisory board at the European Central Bank (ECB), has emphasized the need for rigorous regulation when crypto entities start resembling banks. In a recent interview with Germany’s Handelsblatt, Enria pointed to the challenges in supervising...
Australia Considers Sector-Specific Codes for Addressing Banking and Crypto Scams
30.11.2023
Source: AdobeStock / FiledIMAGE The Australian Department of the Treasury is considering applying sector-specific codes and standards to banking and cryptocurrency scams as part of its proposed framework. On November 29, a consultation paper titled “Proposed Scams Code Framework,” aimed...
Forbes Highlights Crypto Leaders in Latest ‘30 Under 30’ Finance Lineup
30.11.2023
Source: Pixabay / TamimTaban Forbes has released its latest “30 Under 30” list in Finance, featuring a significant number of leaders from the cryptocurrency and blockchain industries, highlighting their growing influence in the financial sector. The list includes innovators like the co-founder...
SoFi to Exit Crypto Business Amid Increased Regulatory Scrutiny
30.11.2023
Source: Adobe / Goodpics SoFi Technologies Inc., a financial services company, has decided to exit the cryptocurrency sector due to increased scrutiny by banking regulators. On November 29, the company announced that it would terminate its cryptocurrency trading services for users by December...