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India and UAE Break Away From US Dollar: Landmark Agreement Enables Trade Settlements in Rupees and Dirhams
17.7.2023
In a compelling turn of events this Saturday, India and the United Arab Emirates (UAE) inked a landmark agreement facilitating trade transactions to be settled in their native currencies, rupees and dirhams, instead of relying on the U.S. dollar. India’s prime minister Narendra Modi visited...
Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
15.7.2023
Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...
US Representative Ritchie Torres Calls for Investigation of SEC Over Prometheum’s License
14.7.2023
U.S. Rep. Ritchie Torres has called for an investigation into the special purpose broker-dealer (SPBD) license given by the U.S. Securities and Exchange Commission (SEC) to Prometheum, a cryptocurrency exchange platform. In two letters sent to U.S. Comptroller General Gene Dodaro and SEC Inspector...
Is It Too Late to Buy Solana? SOL Price Shoots Up 23% in 24 Hours While AI Crypto Signals Platform yPredict Approaches $3 Million
14.7.2023
Solana (SOL) hit a fresh annual high of $32.13, buoyed by strong positive market movement. SOL's price surged 23.5% in a single day at its peak.
This upward swing, however, was fleeting, as sellers entered the market, exerting downward pressure on the price.
Currently, SOL's trading value stands...
Neo APAC Hackathon Kicks Off at Tokyo GAS Station: Uncovering Local Web3 Talents and Empowering Regional Development
14.7.2023
PRESS RELEASE. Neo, the open-source, community-driven blockchain platform where developers are building the future Smart Economy, today announces the launch of its new APAC Hackathon in partnership with OKX. The event includes a total prize pool of $120,000 for event winners and a post-hackathon...
Web3 Decentralized Freelancing Platform DeeLance Raises $1.52 Million – Here's How It Can Change Recruitment Forever
14.7.2023
DeeLance, is creating a significant buzz in the crypto space. Its native asset, $DLANCE, has reached a new milestone of $1.52 million presale investment in just a few weeks.
This remarkable achievement is driven by its Web3 technology which aims to revolutionalize the recruitment industry...
Real-World Asset Platform Ondo Finance Expands Tokenized Treasurys to Polygon
13.7.2023
Ondo’s OUSG token, one of the largest on-chain tokenized Treasury products, has accrued $134 million of assets under management on Ethereum
Snoop Dogg and a16z Join $20 Million Funding Round for Web3 Music Platform Sound
13.7.2023
Web3 music platform Sound has raised $20 in Series A funding round led by Venture capitalist firm Andreessen Horowitz (a16z) and American rapper Snoop Dogg.
Actor Ashton Kutcher-led firm Sound Ventures and artist and producer Ryan Tedder also participated in the funding round.
Sound aims to help...
US Authorities Accuse Former Security Engineer of Siphoning $9 Million From Defi Platform
13.7.2023
Authorities in the United States recently revealed that law enforcement has arrested Shakeeb Ahmed for “wire fraud and money laundering in connection with his attack on a decentralized cryptocurrency exchange.” The U.S. Attorney for the Southern District of New York suggested that...
Binance US Reacts to Bitcoin Cash FUD, Assures Users Their Funds Are Safe
13.7.2023
Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue with the automated system managing deposit flows....
Blockchain gaming platform creates refundable NFT program
12.7.2023
Spielworks CEO Adrian Krion said that the NFTs will also provide mining power and material drops to players of their Dungeon Worlds game
Is It Too Late to Buy Solana? SOL Price Pumps Up 18%, and AI Crypto Signals Platform yPredict Approaches $2.9 Million
12.7.2023
Solana's native token, $SOL, is signaling positive market sentiment and has increased above the $18 price level.
Based on data from CoinMarketCap, the digital asset has experienced a remarkable 18% increase over the past few days as it hovers at a $22 price mark.
This surge has generated...
Snoop Dogg and a16z Back Web3 Music Platform Sound’s $20M Funding Round
12.7.2023
The company aims to help artists make a living for their music by minting their songs on-chain and selling them directly to fans
Celsius files lawsuit to recover $150M from staking platform StakeHound
12.7.2023
Celsius aims to claw back 40 million MATIC, 66,000 DOT, 25,000 staked native ETH and 35,000 ETH from liquid staking platform StakeHound
Bitget Brings AI Power to Grid Trading Strategies
11.7.2023
PRESS RELEASE. VICTORIA, Seychelles, July 11, 2023 – Bitget, top crypto derivatives and copy trading platform, has launched an AI-powered feature for its Grid Trading strategies. The new feature aims to make this sophisticated investment method more accessible for new crypto traders without...
Eco-Friendly Crypto Ecoterra Raises $6 Million as Global Investors Flock to the New Recycle2Earn Platform – Less Than 48 Hours Left
11.7.2023
The eco-friendly crypto project has raised a whopping $6 million investment from early investors as it gears towards the last lap of its burgeoning presale.
Its $ECOTERRA token has piqued the interest of global investors looking to invest in the next biggest asset before it launches on public...
Former Paxful CEO Ray Youssef Urges Platform Users to ‘Cease Trading’
11.7.2023
On July 7, Ray Youssef, the former CEO of Paxful, told users of the peer-to-peer crypto marketplace to stop trading on the platform. Youssef claimed that Paxful is now “just paying legal bills” and that “no African or any non-American should trust any IS corporation.”...
DeFi Platform Arcadia Finance Falls Victim to $455K Hack on Ethereum and Optimism
11.7.2023
Arcadia Finance has joined the growing list of DeFi protocols to lose funds in hack exploitation. The hackers leveraged a code vulnerability to siphon about $455,000 from the protocol’s Ethereum and Optimism vaults.
Blockchain sleuth PeckShield alerted about Arcadia’s exploitation in a July...
Web3 AI-Intelligence Platform yPredict’s Product Rollout Going From Strength to Strength as $YPRED Presale Surges Towards $3 Million
10.7.2023
Monday 10 July - Industry-leading AI-powered web3 market intelligence platform yPredict’s product rollout is going from strength to strength.
yPredict recently launched the platform’s first AI-powered tool, its Backlink Estimator.
The free preview of the tool was a remarkable success, receiving...
Tom Brady Lost $30 Million in FTX Stock After Exchange’s Collapse, Report
9.7.2023
Former National Football League (NFL) quarterback Tom Brady has reportedly lost tens of millions of U.S. dollars in stock of the failed crypto exchange FTX. Brady is one of several celebrities sued by FTX customers for their endorsements of the collapsed crypto trading platform. Brady and Bündchen...