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3 metrics DeFi traders can watch in order to spot the next crypto bull market
17.11.2023
TVL, fee revenue and wallet activity are just three metrics investors can use to assess the health of the DeFi sector
Bitget Releases Position Grids to Reshape Digital Asset Trading
17.11.2023
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users to take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to...
Coin Center Criticizes Bank Secrecy Act, Demands Regulation
17.11.2023
Coin Center, the leading non-profit dedicated to research surrounding cryptocurrencies, calls the Bank Secrecy Act too “broad” for its own good, according to their most recent report. “Riddled with sweeping powers and expansive terms” Published earlier this month, the report (appropriately titled...
Neon EVM Launches Feature to Pay Transaction Fees With Different Tokens on Testnet
17.11.2023
Source: Neon EVM Neon EVM, an Ethereum Virtual Machine on Solana, has announced its testnet support for several tokens as an alternative payment for gas fees. JUST IN: Neon EVM is working on letting users pay transaction fees with different tokens — Crypto Chiefs News (@CryptoChiefNews)...
Wormhole to Become Separate Entity From Jump Trading
17.11.2023
Source: Pixabay Chicago-based trading firm Jump Trading has decoupled Wormhole, its cross-chain protocol. Bloomberg reported on Friday that Wormhole would be run as an independent entity by senior Wormhole employees. Citing people with knowledge of the matter, Bloomberg said that senior Wormhole...
Former U.S. Presidential Candidate Andrew Yang Discusses Crypto at Blockchain Summit
17.11.2023
Former United States presidential candidate, Andrew Yang, took the stage at the North American Blockchain Summit to discuss issues and innovation surrounding digital assets on Thursday, November 16th. A pro-tech proponent Yang, who is a self-described “big proponent of Bitcoin and cryptocurrencies...
Another Round of Bitcoin Spot ETF Rejections Likely: BitGo CEO
17.11.2023
Source: BitGo/Canva The general belief amongst market experts is that a Bitcoin spot exchange-traded fund (ETF) approval is on the horizon following Grayscale’s significant legal victory against the SEC. However, BitGo’s CEO, Mike Belshe, feels otherwise. Making his opinion known in...
The Quest to Stabilize GHO — Navigating Challenges to Reach $1 Peg Amidst Aave’s Corporate Rebrand
17.11.2023
The blockchain technology enterprise Aave Companies, recently rebranded as Avara, is still navigating challenges in stabilizing its stablecoin GHO, which is currently struggling to sustain its desired $1 peg. The project’s Liquidity Committee is actively working on strategies to strengthen...
JPMorgan Explores Fund Tokenization for Personalized Portfolio Management
17.11.2023
Source: Pixabay JPMorgan and Apollo have collaborated with several blockchain firms to showcase a “proof of concept”, demonstrating how asset managers can tokenize funds using the blockchain of their preference. According to a press release issued on Wednesday, the companies said that blockchain...
Vitalik Buterin Touts Plasma Technology; OMG Token Briefly Skyrockets 16%
17.11.2023
Source: youtube/ VICE News Ethereum founder, Vitalik Buterin, touted emerging Plasma technology in a new blog post this week, prompting the Plasma-supported OMG Network’s native token to skyrocket by 16%. A unique scaling solution “Plasma is a class of blockchain scaling solutions that allow...
ENS developers urge Unstoppable Domains to drop patents or face lawsuit
17.11.2023
ENS developer Nick Johnson claims a patent granted to Unstoppable Domains in January is entirely based on ENS Labs innovations
Tech firm Republic taps Avalanche for profit-sharing investment note
17.11.2023
The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets
Today in Crypto: Sino-US Bitcoin ASIC War May Be Starting, Neon EVM Testing Alternative Gas Payments
17.11.2023
Source: AdobeStock / William W. Potter Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news We may be witnessing the start of a Sino-US bitcoin silicon war, according to the latest Miner...
AI Crypto Coin Cogwise Allows Users to Easily Create Their Own Tokens and dApps, and Offers 116% Presale Upside
17.11.2023
New crypto presale project Cogwise will utilize artificial intelligence and blockchain technology to allow users to easily generate their new tokens, access advanced trading tools, and develop decentralized apps. The project, which recently smashed past the $1 million barrier, is enjoying a hugely...
U.S. Crypto Lobby Spending Surpasses $20 Million in 2023, On Track to Beat 2022 Record
17.11.2023
Adobe Over $20 million has been spent on crypto-related lobbying in the United States this year, a new report shows. According to a recent CoinGecko report, the amount spent on cryptocurrency lobbying was $20.19 million, a figure set to break last year’s $22 million mark as recent data does...
Star Atlas: A New Era in Gaming and Blockchain
17.11.2023
PRESS RELEASE. Launching with LBank: A Promising Beginning Star Atlas, a pioneering force in the fusion of gaming and blockchain, has taken a significant leap forward with the listing of its ATLAS token on LBank. This milestone not only marks a new chapter in its journey but has also sparked...
Mastercard Says Customers Are Too Comfortable With Today's Money for Adoption of CBDCs: CNBC
17.11.2023
The widespread use of central bank digital currencies (CBDCs) does not have enough justification at the moment as customers are so comfortable using today's type of money, a senior Mastercard official has said
ENS Developer Accuses Unstoppable Domains of Stealing Open Source Developments through Patent Filings
17.11.2023
Source: AdobeStock / Casimiro Nick Johnson, the founder of Ethereum Name Service (ENS), has raised serious concerns regarding Unstoppable Domains’ patent filings related to blockchain domain names. In an open letter addressed to Unstoppable Domains, Johnson accused the company...
Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore
17.11.2023
Source: AdobeStock / Richie Chan On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This...
Fourteen Ukrainian Officials Receive Advanced Crypto Crime Investigation Training
17.11.2023
Source: Pixabay Ukrainian lawmakers and officials have received advanced training on identifying and investigating crypto-related financial crimes. The United Nations Office on Drugs and Crime and the OSCE Economic and Environmental Activities have organized the 4-day course. Fourteen...