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Zimbabwe Devalues Gold-Backed Currency by 44%
28.9.2024
The Reserve Bank of Zimbabwe (RBZ) has devalued the Zimbabwe Gold (Zig) by 44%, causing the currency to plummet from 13.98 to 24.3 against the U.S. dollar. This drastic move addresses rising exchange rate volatility and inflationary pressures that have plagued the economy since August. According...
Mega Dice Presale Enters Final Day – Last Chance to Buy DICE Before Exchange Listing
28.9.2024
The Mega Dice Token (DICE) presale is down to its final 24 hours. Investors have poured nearly $2 million into the presale, which is now in its last stretch. With DICE launching on exchanges on Monday, many investors believe now is the ideal time to invest in this potential GambleFi gem. Mega Dice...
Binance founder CZ walks free from US prison
27.9.2024
He served four-months in federal prison for charges including alleged violations of US anti-money laundering (AML) rules
SEC files 'settled charges' against Mango Markets operators
27.9.2024
In 2022, Mango Markets suffered a high-profile exploit perpetrated by Avraham Eisenberg, which drained the platform of $100 million
Binance transition: Examining the internal overhaul since CZ’s arrest
27.9.2024
Following the indictment of its CEO, Changpeng Zhao, Binance now says compliance is at the top of its agenda
Bitcoin buyers throw $366M into US ETFs as BTC pushes above $65K
27.9.2024
Bitcoin broke above $65,000 mark during late trading on Sept. 26, with the day bringing over $360 million in inflows to United States-listed spot Bitcoin ETFs.
Phantom Wallet Joins Dydx, Easing Access for 7 Million Users
27.9.2024
Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized...
SEC chair Gensler plugs changes to exchange definition that worries crypto
26.9.2024
Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too
Long and short positions in crypto, explained
26.9.2024
Long positions profit from rising crypto prices, while short positions profit from falling prices
Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses Public
26.9.2024
Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s conditions, it will “make wallet addresses...
Hamster Kombat token price plunges on exchange debut
26.9.2024
Amid Hamster Kombat officially listing on exchanges like Binance and HashKey, the HMSTR token has been plummeting
Ethena to launch new stablecoin backed by BlackRock’s BUIDL
26.9.2024
Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said
Binance Super Earn launches Hamster Kombat Launchpool token project
26.9.2024
Binance announced Binance Super Earn with the new Launchpool token project – Hamster Kombat (HMSTR). The game is…
U.S. Crypto Industry Will Follow a Different Path From Rest of World: BitMEX Group CEO
26.9.2024
The U.S. crypto market will "bifurcate from the rest of the world" said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk
Nigerian Currency Plunges After Central Bank Rate Hike
26.9.2024
The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for the fifth time this year. The naira dropped to NGN1,658 per dollar on the official foreign exchange market after the CBN increased the benchmark...
Retail Accumulation and Exchange Outflows Drive Market Optimism for Bitcoin
25.9.2024
Smaller bitcoin investors and reduced liquidity signal potential for continued price growth
Nigeria’s Central Bank Raises Benchmark Rate by 50 Basis Points
25.9.2024
The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% and increased the Cash Reserve Ratio (CRR) for banks. These measures aim to combat inflation and stabilize the Nigerian economy. The CBN governor, Olayemi Cardoso, stated that the reforms...
Crypto wallet Exodus donates $1.3M to help ‘mobilize’ US crypto voters
25.9.2024
Exodus’ donation to the political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”
Crypto wallet Exodus donates $1.3M to help ‘mobilize’ US crypto voters
25.9.2024
Exodus’ donation to a political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”
Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation
25.9.2024
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart....