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Shiba Inu makes history as first meme coin for Web3 food delivery

14.6.2024
The Shiba Inu community has been in awe from the time the members learned that they could leverage their holdings to pay for Web3 food delivery. The first order has already been placed and settled using SHIB. The order was placed via DevourGO with the mechanism backed by Coinbase Commerce...

Concerns remain over buying Bitcoin amid fear of inflation elevation

14.6.2024
The demand for Bitcoin via Spot ETF is fluctuating. This stems from the fear of inflation elevation despite the number indicating a soft decline in May 2024. The inflation figure for the US in May stands at 3.3%. Economic projections estimate that the number may go further down but the pace will...

Solana introduces its scaled version of Solana Pay for Shopify

14.6.2024
Solana has delivered its scaled version of Solana Pay plugin, boosted by Helio and targeting Shopify, with added features for more convenient processing of payments. Over and above that, is the introduction of attractive loyalty schemes, along with a simplified way of connecting with one’s Shopify...

Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto

14.6.2024
Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and the introduction of bitcoin spot exchange-traded funds (ETFs). “The...

Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court

14.6.2024
The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that cryptocurrency is not considered money under the Prize Chits...

Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds

14.6.2024
The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin escrow transaction. In 2019, McDonald acted as a fiduciary for a client involved in a Bitcoin deal that failed...

Coinbase CEO Engages US Senators to Push Clear Crypto Regulations

13.6.2024
Coinbase CEO Brian Armstrong said on Wednesday that he engaged with over a dozen senators from both Democratic and Republican parties in Washington, D.C., over the past 48 hours. The discussions focused on establishing clear regulations for the cryptocurrency industry and enhancing consumer...

Solana Labs Launches Bond, a Blockchain Digital Customer Engagement Platform

13.6.2024
Solana Labs announced the launch of Bond, a platform that uses blockchain and cryptocurrency structures to establish links between brands and their customers. Bond will offer different features, including digital collectives, authentication of luxury goods, and digital passports for products,...

Okx Acknowledges Security Incident Involving Judicial Documents Forgery

13.6.2024
Okx, a Seychelles-based cryptocurrency exchange, clarified the information regarding a recent security incident that allowed unidentified criminals to take control of the accounts of a few customers, draining these. In a statement, Okx stressed that a third party had forged judicial documents...

Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings

13.6.2024
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s. The hashprice, which represents the expected value of 1 petahash per second (PH/s) of hashing power per day, is about $57 per petahash. Mining...

Suku partners with Chainlink BUILD to expand Blockchain payment solutions

13.6.2024
Suku links up with the Chainlink BUILD program for speeding up the expansion of the ecosystem and acceptance of blockchain related money transfers, internationally. This is made possible through receiving connectivity with Chainlink’s oracle solutions and technical backing. In return, SUku will...

Hong Kong Spot ETFs Secure $1.96B in Bitcoin, $26M in Ether

13.6.2024
Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated $1.96 billion in bitcoin and $26.74 million in ethereum. Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth Hong Kong’s spot bitcoin and ether ETFs...

Shiba Inu poised for major bull run, predicts crypto analyst Coach K

13.6.2024
A recent survey on social media platform X revealed that Coach K, a cryptocurrency expert and technical analyst based in Bangkok, expects a bright future for Shiba Inu (SHIB). This meme coin is anticipated to begin a major uptrend soon. This forecast comes at a crucial time for SHIB since...

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