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Ghanaian Fintech Startup Zeepay Secures $3 Million Equity Investment
9.4.2024
The Ghanaian fintech startup Zeepay recently secured a $3 million equity investment from the venture capital firm, Verdant Capital Hybrid Fund. Zeepay plans to use the raised funds to bolster its standing as it prepares for significant growth in 2024. Solidifying Zeepay’s Position in Africa...
BitMEX Co-Founder to Face Class-Action Lawsuit Over Alleged Price Manipulation Scheme
9.4.2024
Ben Delo, co-founder of cryptocurrency exchange BitMEX, will face a class-action lawsuit brought forth by exchange users, a United States federal judge has ruled.
The post BitMEX Co-Founder to Face Class-Action Lawsuit Over Alleged Price Manipulation Scheme appeared first on Cryptonews
Cardano dApps: Building a more secure and scalable future!
9.4.2024
Cardano, the blockchain known for its security focus, is rapidly emerging as a hub for innovative Decentralized Applications (dApps). These dApps promise a more secure and scalable future, empowering users and transforming industries. Let’s Dive in to explore the potential of Cardano dApps!...
Brazilian BV Bank Tests Tokenized Model for Vehicle Sales
9.4.2024
BV Bank, a Brazilian bank leader in vehicle loans, is running a pilot that uses tokenization to manage vehicle financing and sales operations. The first phase of the tests involves automating consumer-to-consumer vehicle sales processes, including the delivery of tokenized money in exchange for...
Dogecoin (DOGE) gains dwindle compared to this licensed AI exchange cryptocurrency, already raised $4.2M
9.4.2024
In the kaleidoscope of cryptocurrency markets, where fortunes fluctuate with the whims of investor sentiment and technological advancements, Dogecoin (DOGE) has long stood as a symbol of the power of community and meme culture in driving value. However, as the crypto landscape matures,...
Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers
9.4.2024
ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins. The organization is in talks with several parties seeking to issue their stablecoins, and this service would be available for them after receiving a license from the Hong Kong...
Charles Hoskinson Criticizes Cardano ‘Dunking,’ Expresses Concern Over ‘Carnival Barkers’ Dominance
9.4.2024
Charles Hoskinson has criticized “all the dunking of Cardano,” and asserted that the protocol offers the “optimal route for scalability, governance, and innovation.” According to Hoskinson, the crypto industry’s problem is that it allows “carnival barkers...
Kevin O’Leary Reveals Crypto Now Makes up 11% of His Portfolio
9.4.2024
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that cryptocurrencies now represent about 11% of his portfolio. He stressed that he owns crypto coins directly and would never buy spot bitcoin exchange-traded funds (ETFs). “I would never do that. Why would I pay the fees?”...
Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’
9.4.2024
Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional...
Coinbase Anticipates Bitcoin Dips to Be ‘More Aggressively Bought’ Than Previous Cycles
8.4.2024
Cryptocurrency exchange Coinbase says bitcoin dips are likely to be “more aggressively bought compared to previous cycles, even as volatility persists during price discovery.” The crypto firm noted that the impact of U.S. spot bitcoin exchange-traded funds (ETFs) and the larger inflow...
Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes
8.4.2024
Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies,” she explained, attributing the recent bitcoin price surge to...
Cardano Founder Says Crypto and AI Have Similar Competition and Sustainability Issues
8.4.2024
Charles Hoskinson, the creator of Cardano, spoke on April 7 on the criticism levelled against his network and its native coin, ADA. He focused on the concerns of competition and viability in both AI and cryptocurrency industries, drawing comparisons between their respective struggles.
The post...
Detained Binance Executive Pleads Not Guilty; Nigerian Judge Sends Him to Prison
8.4.2024
The Binance executive detained by Nigerian authorities for nearly six weeks has pleaded not guilty to charges of money laundering. Binance expressed deep disappointment that Tigran Gambaryan, who holds no decision-making power within the company, remains in detention. Judge Dismisses Tigran...
South Korea’s Democratic Party to Introduce ETF and Digital Finance Reforms
8.4.2024
South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP). Although election concerns have temporarily halted the initiative, a crucial poll is set...
DigiFT Unveils USD Money Market Token for on-chain investment!
8.4.2024
DigiFT, the breakthrough on-chain Real World Asset (RWA) exchange authorized by the Monetary Authority of Singapore (MAS), announces the publication of the DR2 RWA token, the latest-generation product. The Digital Assets Financial Trust Company (DAFTR) is launching a new token, the DigiFT USD Money...
10 US Bitcoin ETFs Amass Over 519,000 BTC, With Blackrock Leading at 50.81%
8.4.2024
The latest data reveals that Blackrock’s spot bitcoin exchange-traded fund (ETF) has increased its bitcoin portfolio, now encompassing 263,937.48 bitcoins valued at $17.88 billion. Spot Bitcoin ETF Reserves Reach New Heights Several U.S. spot bitcoin ETFs have bolstered their bitcoin (BTC)...
Tron (TRX) price outlook rises amid $406 million network fee rise
8.4.2024
Tron’s price has stayed relatively constant in recent weeks, as the cryptocurrency market excitement has faded. On Monday morning, the TRX token traded for $0.12, up marginally from $0.1102 at the end of the previous month. However, it has fallen by more than 16% from its peak this year....
Charles Hoskinson finally responds to Cardano critics
8.4.2024
The vocal founder of Cardano, Charles Hoskinson, has finally responded to the new series of derogatory comments earlier this week that the network’s native coin has received from critics recently. One of the criticisms was from Ben Armstrong, a crypto enthusiast who claimed that Cardano’s ADA...
Render (RNDR) and The Graph (GRT) advocates diversify their holdings with Koala Coin (KLC) a cuddler crypto
8.4.2024
Following a renowned investor’s tweet predicting a 2024 bull run, savvy crypto enthusiasts, including advocates of Render (RNDR) and The Graph (GRT), are rushing to diversify with Koala Coin (KLC). Currently, at presale stage one, priced at $0.014, the Koala Coin charm and promise ignite...
Solana developers rally to combat network congestion
8.4.2024
The Solana network’s transaction speed is limited right now because too many unnecessary transactions are taking place. The Solana developers are trying to remove this bottleneck through software upgrades and improvements. In the last month, the Solana network has been struggling with...