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Iggy Azalea crypto fever rises chances of major altcoin season, top tokens to watch
7.6.2024
Rapper Iggy Azalea’s crypto MOTHER recently launched on the Solana Blockchain. Following the launch, MOTHER experienced an incredible surge in trading demand and price. This rapidly growing optimism and adoption have increased the chances of a major altcoin rally. Meanwhile, RCO Finance (RCOF)...
Robinhood announces an official acquisition of Bitstamp
7.6.2024
Robinhood recently announced an official acquisition of Bitstamp. The development will allow Robinhood to bring Bitstamp’s acclaimed exchange to its user base. With the acquisition, Robinhood has expanded its reach outside the US. The platform will leverage Bitstamp’s ventures to deliver...
Soaring success: BrainAlive AI’s MVP ignites rapid expansion
7.6.2024
BrainAlive AI (BAAI) is a deep tech firm committed to developing innovative products that leverage neuroscience, computer vision, and natural language processing (NLP) to analyze and understand human engagement in the digital world. Their mission is to help organizations understand human behavior...
Whales move 318M XRP tokens as it retains $0.52 support
7.6.2024
XRP tokens have a bearish sentiment prevailing at the moment. The token has dropped by 0.58% in the last 24 hours. It is listed at $0.5226. This has not stopped whales from increasing their activities. A wallet routed two separate transactions to move the token to Bitstamp and Bitso. The first...
DEXT FORCE Festival officially announces its second edition in 2024
7.6.2024
The organizing team of DEXT FORCE Festival is pleased to officially announce the event dates for this year. The festival, which combines the innovation and creativity of a Web3 congress with the vibrant energy of an electronic music festival, will take place on October 4-5, 2024. The DEXT FORCE...
SHIB gains overwhelming attention due to hike in token burn rate
6.6.2024
Shiba Inu (SHIB) meme coin receives much attention owing to its overwhelming jump in its token burn rate to 3,900%. This is according to Shibburn, a platform meant for monitoring the burning of SHIB tokens. The pricing of SHIB, too, has seen a rise. The increase in Shiba Inu’s burn rate...
Speculations are rife regarding Bitcoin breaking the $74K mark
6.6.2024
With Bitcoin prices hovering around $74,000 this month and with increased demand, rumors are circulating that it will shatter its own record in the upcoming days. According to certain analysts with QC Capital, there is a strong demand for bitcoin call option purchases in the current month, pointing...
VeChain, EVearn, and Tesla unite to reward eco-friendly drivers with Charge2Earn dApp
6.6.2024
VeChain, a leading blockchain platform, has announced an innovative partnership with EVearn and Tesla through the launch of the Charge2Earn dApp, designed to reward drivers for their commitment to sustainability. This strategic alliance aims to incentivize eco-friendly driving habits by offering...
Binance battles to slash $13 Billion UK lawsuit in high-stakes legal showdown
6.6.2024
Binance, one of the world’s largest cryptocurrency exchanges, is taking decisive steps to significantly reduce the scale of a $13 billion lawsuit filed against it in the United Kingdom. The lawsuit, which has garnered significant attention in the financial and crypto communities, alleges that...
Gensler asserts: Disclosures alone fail to shield crypto exchanges
6.6.2024
SEC Chair Gary Gensler has issued a stark warning to the cryptocurrency industry, asserting that disclosures alone are not enough to ensure the safety and integrity of crypto exchanges. Gensler’s remarks highlight the growing concerns among regulators about the adequacy of current oversight...
A new look at privacy apps in context of Mina Mainnet upgrade
6.6.2024
Mina, the zero knowledge-backed blockchain, is unusual for several reasons. It uses zk SNARK proofs to maintain a consistent size of 22 kilobytes, and effective verification and minimum storage requirements are the primary objectives of this design. The proofs produced are kept on the mainnet...
McDonald’s launches “My Happy Place” metaverse in Singapore
6.6.2024
The renowned American fast food chain McDonald’s launched the “My Happy Place” metaverse in Singapore in collaboration with Bandwagon Labs. Bandwagon Labs is the metaverse wing of Bandwagon, a top entertainment media technology organization. McDonald’s and Bandwagon Labs are both highly...
Stacks (STX) breaks a major resistance level
6.6.2024
Stacks ($STX) was trading within a confined range of $1.675 and $2.135. It has finally broken out of that range to mark a surge of 6.38% in the last 24 hours and 24.87% in the last 7 days. The token value is $2.37 at the time of writing this article. The community is speculating that …
Lift Dollar, a new stablecoin from Paxos International
6.6.2024
The new project exemplifies Paxos International’s dedication to supporting widespread stablecoin usage and industry expansion. The most notable advantage of the new offering is that investors will profit from the yield obtained on reserves. The new product introduction serves to solidify...
Solana surges amid memecoin activity and DeFi
6.6.2024
Solana ($SOL) was seen marking an uptick of 5% amid a rise in trading activities. It pertains to an increase in interest in meme coins. The scenario affects Solana because it demonstrates its ability to handle a larger number of transactions with scalability. Other factors that have contributed...
ByBit appears to enable registrations and authentications in China
6.6.2024
According to Wu Blockchain, a news organization based on social media, users in China can now use Bybit’s registration and authentication services to proceed with know-your-customer processes on the platform. They can do this by submitting their ID, passport, driver’s license,...
NEX is now a formal participant in the Chainlink BUILD program
6.6.2024
In order to advance the ecosystem’s overall expansion, NEX collaborates with the Chainlink BUILD program. This will be accomplished by obtaining the necessary technical assistance and the availability of Chainlink’s oracle solutions. Additionally, the promotion of the development...
Misyon Bank launches an Avalanche-based asset tokenization platform
6.6.2024
Turkey-based Misyon Bank, an investment bank and one of Turkey’s first neobanks, has recently launched a platform that enables the tokenization of real-world assets on the Avalanche blockchain network. Misyon Bank announced this on June 5, describing it as a comprehensive platform that enables...
Why Option2Trade ecosystem benefits Ethereum holders?
6.6.2024
The Option2Trade (O2T) ecosystem offers significant benefits to Ethereum (ETH) holders. Through advanced AI technology, strategic partnerships, and positive market sentiment, Option2Trade is enhancing the utility and value of Ethereum, providing a compelling case for investors to embrace this...
Hill highlights the role of tokenization in market efficiency at Hearing
6.6.2024
Representative French Hill (AR-02) led the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion in a crucial meeting on June 5th, titled “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets.”...