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Vodafone and Chainlink Collaborate on Blockchain-Enabled Proof of Concept for Global Trade
25.10.2023
Vodafone’s Digital Asset Broker (DAB) announced on Tuesday a collaborative proof of concept with Chainlink Labs, Sumitomo Corporation, and InnoWave. The initiative’s goal is to tackle existing obstacles in the $32 trillion global trade ecosystem. The partners revealed their efforts...
Lightspark Open Sources Email-Like Protocol UMA; Raises Debate on Compliance
25.10.2023
Lightspark, a Lightning Network (LN) financial services company, has announced it has open-sourced Universal Money Address (UMA), a protocol similar to email, but for money. The protocol will be interoperable, allowing platforms to exercise due compliance on the transactions facilitated,...
Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation
24.10.2023
Bitcoin futures open interest (OI) has surged dramatically within the last day, with CME Group’s OI reaching an impressive 100,000 bitcoin, equivalent to $3.4 billion. This isn’t an isolated event; platforms such as Binance, Deribit, Bitget, and Okx are also experiencing significant...
Elevate your forex game with FXGT.com’s trading tools & platforms
23.10.2023
FXGT.com is a well-known online trading platform that gives customers access to the stock, currency, commodities, cryptocurrency markets, and other international financial markets. The platform was introduced in 2019 and rapidly became well-liked by traders of all experience levels because of...
Binance Resumes Euro Transfers Through New Fiat Partners
21.10.2023
Cryptocurrency exchange Binance is restoring fiat services for customers using the common European currency, the euro (EUR). The coin trading giant announced that users are already migrating to the new platforms it partnered with in the wake of losing the services of Paysafe. Crypto Exchange...
Australia's Government Calls for Digital Asset Platforms to Abide by Existing Financial Regulations
16.10.2023
The Australian government has unveiled a proposal aimed at imposing stricter regulations on cryptocurrency trading platforms, with a focus on enhancing oversight of customer funds.
The proposal, released on Monday, suggests subjecting digital asset platforms to the same laws that govern other...
Brazil Committee Recommends Indicting Binance Officials, CZ
12.10.2023
A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operating pyramid schemes and can potentially affect the global crypto company’s...
UK Regulator Issues 146 Crypto Alerts Within 24 Hours
10.10.2023
British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines, domain name registrars, and payments firms...
Certik Study: $332 Million Lost to Exploits, Hacks and Scams in September, More Than $1.3 Billion Lost in 2023
8.10.2023
In the month of September, digital assets worth approximately $332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen through exploits rose from $13.5 million in August to nearly $330 million...
Spotlight on Ripple’s Elite: Unveiling the Top 10 XRP Wallets
5.10.2023
In September, our newsroom unveiled a series spotlighting the premier ten wallets from platforms such as Bitcoin, Ethereum, and the stablecoin project Tether. Here’s an in-depth glance at the elite ten XRP wallets highlighted in XRP’s rich list of prominent addresses. The Top 10...
Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September
5.10.2023
Marathon Digital, in particular, produced 1,232 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards
Binance Russian Users Are Moving to Other Platforms, Not Just CommEx: Report
4.10.2023
A significant number of Binance's Russian clients have migrated to alternative platforms, not only to the platform's new owner CommEx.
The shift is evident from the decreased activity in peer-to-peer (p2p) operations, Dmitry Stepanin, the CEO of Satoshkin, said in a recent interview with local...
Lido, Coinbase, and Rocket Pool Corner 89% of Ethereum’s Booming $20 Billion Liquid Staking Market
3.10.2023
Since 2020, applications for liquid staking on the Ethereum blockchain have seen steady growth, and as of the first week of October 2023, a total of 23 liquid staking derivatives (LSD) platforms hold 12.4 million ether, valued at over $20 billion. Currently, the top three LSD protocols hold sway...
The Leading 5 Defi Categories Overseeing Billions: An October 2023 Snapshot
2.10.2023
As of October 1, 2023, $39.50 billion is nestled within decentralized finance (defi) platforms. Let’s dive into the top five categories, spotlighting the diverse array of defi protocols, the count of these applications, and the wealth they encompass. A Look at 5 Defi Categories Commanding...
Pepe Coin Gains 9% in 7 Days as One of Web3's Hottest New Gaming Platforms Draws $165k in Presale
1.10.2023
Over the past week, Pepe Coin has emerged as a cryptocurrency worth noting, marking an impressive 9% surge.
This ascent is further accentuated by its association with one of the web3's most buzzed-about gaming platforms, Meme Kombat, which recently drew a whopping $165k in its presale.
But what...
‘FTX Drainer’ Resurfaces: Moves $8M ETH to Defi Platforms
30.9.2023
Per onchain evidence, the culprit dubbed the “FTX drainer” shifted 5,000 ethereum valued at approximately $8 million, gauged by today’s exchange rates. This marked the first movement of the funds in nearly a year, with the malefactor channeling the ether into the decentralized...
Meta AI Assistant Launches to Compete With Chatbots Like Chatgpt
28.9.2023
Meta Platforms, the parent company of Facebook and Instagram, launched its own chatbot based on artificial intelligence (AI) technology. Meta AI provides an alternative to products like Openai’s Chatgpt and is setting out to offer interaction tailored to attend to different interests and solve...
13 Crypto Exchanges Hold Over 14% of Industry’s Wealth; Binance Dominates with 42% Share of $151B in Reserves
28.9.2023
On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $1 billion, collectively constituting 14.39% of the crypto economy’s total value of $1.05 trillion. Among these 13 digital currency trading platforms, Binance stands...
S21 Miner Makes its Debut at WDMS for the First Time, with BitFuFu Among the First Public Online Sales Platforms
28.9.2023
PRESS RELEASE. September 28, 2023 – The 2023 Global Digital Mining Summit (WDMS) concluded successfully in Singapore, exploring the future trends and investment opportunities in the Web 3.0 mining ecosystem. During the event, Bitmain unveiled its latest high-hashrate miner, the S21,...
Hong Kong Securities Regulator Says It Now Publishes Names of Entities Seeking Crypto Trading Licences
26.9.2023
The Hong Kong securities regulator has said it now publishes a list of firms seeking to operate crypto trading platforms in the region. Julia Leung Fung-yee, the CEO of the Securities and Futures Commission (SFC), said divulging the names of applicants is intended to help placate an investing...