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Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days
14.3.2024
Tigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to disclose the identities...
Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House
13.3.2024
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital...
Ethereum’s Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability
13.3.2024
The Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176. Ethereum’s Leap Forward with Dencun Upgrade Expected to drastically lower the transaction costs for layer two (L2)...
Bonk (BONK) investors explore next 100x cryptocurrency
13.3.2024
In the ever-turbulent seas of the cryptocurrency market, where each wave brings new tokens and potential treasures, Bonk (BONK) investors find themselves at the helm, scanning the horizon for the next big catch. Amidst this quest, whispers and murmurs have begun coalescing around a new potential...
Token.com Introduces New Online Tools To Interact With Cryptocurrencies
13.3.2024
Token.com is a crypto investment platform that recently became the first social investment app and website to introduce new online crypto tools, allowing users to interact with various token projects on the platform. Token projects are cryptocurrencies on Token.com, introduced via token cards that...
Blast Network Temporarily Halts Amid Dencun Upgrade; Fix Deployed
13.3.2024
Blast, a new Ethereum layer two (L2) scaling solution, paused its block production due to issues arising from the recent Dencun upgrade on the Ethereum mainnet, with its team diligently seeking a fix. Since launching its mainnet on Feb. 29, 2024, and amassing billions in crypto assets through...
OKX receives in-principle approval by MAS for its payment institution license
13.3.2024
The global premier cryptocurrency exchange, blockchain, and Web3 technology organization, OKX, recently received in-principle approval for its licensing application to provide customers with virtual assets and financial services. On 13th March, OKX mentioned that it received preliminary approval...
XRP in Triple Trouble: SEC Appeal, 18% Swing, and Analyst Warning
13.3.2024
Ripple’s XRP faces issues from three sides: the US Securities and Exchange Commission, price fluctuations, and predictions by analysts. The token was down by 0.44% in the last 24 hours, at the time of drafting this article. While that still represents a jump of 13.50% in the last 7 days,...
Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike
13.3.2024
Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would...
Will DOGE lead? Analysts expect mass excitement after Dogecoin’s revival
13.3.2024
Dogecoin is trading around $0.1732, possibly testing the resistance at $0.18 before it inches closer to $0.2 by the middle of this year. DOGE is up by 0.41% in the last 24 hours at the time of writing this article. The crypto market is recovering with all its possible strength, and leading...
Five ‘Altcoins’ riding the crypto wave besides Bitcoin
13.3.2024
Prominent cryptocurrencies such as Dogecoin and Ether, which have become overnight sensations, are making a triumphant return to the market. Beyond Bitcoin’s omnipotence, alternative cryptocurrencies such as Dogecoin and Ether demonstrate robust performance. The cryptocurrency industry...
COPA vs Wright: What’s at Stake as Satoshi’s Identity Trial Ends?
13.3.2024
Craig Wright, an Australian national, stepped forward in 2016 and claimed to be the progenitor of Bitcoin, Satoshi Nakamoto. In an effort to establish his identity, he presented the BBC with evidence in the form of cryptographic keys. The controversial keys were associated with the identical blocks...
Bitcoin Technical Analysis: BTC Crosses $73K; Bulls Eye $75K as Next Major Goal
13.3.2024
On March 13, 2024, bitcoin achieved a new peak in its market value, reaching an unprecedented high of $73,679. In the past 24 hours, bitcoin not only increased by 1.8% but also showed notable gains over the week (10.7%) and the last two weeks (23.3%), elevating its market cap to an impressive $1.43...
Killer Whales Reality TV Show Brings Crypto to Mainstream Media
13.3.2024
A new TV show that merges the crypto world with the excitement of reality television has made its debut on mainstream streaming platforms.
The post Killer Whales Reality TV Show Brings Crypto to Mainstream Media appeared first on Cryptonews
Wealthy London Residents Reportedly Use Cryptocurrency for High-End Property Rent Payments
13.3.2024
Some of London’s wealthy residents are reportedly using cryptocurrency to pay for luxury home rentals. High interest rates and a dampened real estate market have led the city’s affluent residents to opt against buying properties. The acceptance of payment in cryptocurrency...
Ethereum Challenger Monad Labs in Talks to Raise $200 Million
13.3.2024
The smart contract platform, Monad Labs is in talks to raise over $200 million via a funding round that is likely to be led by venture capital firm Paradigm. A successful funding round will see Monad Labs’ valuation rocket to $3 billion. Monad Labs Building Platform to Challenge Ethereum...
South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion
13.3.2024
The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion. Local sources reported that the agency had contracted the services of a third-party company to help...
Ethereum Layer 2 Tokens gain interest before Dencun Upgrade
13.3.2024
The Dencun upgrade to Ethereum is anticipated to significantly reduce transaction fees on layer-2 networks and enhance the scalability of Ethereum as a whole. The cryptocurrency has garnered investor attention and witnessed an appreciation in value for Ethereum Layer 2 (L2) tokens due to...
Exploring the mechanisms of Proof of Work (PoW) in blockchain-based crypto games
13.3.2024
Proof of Work (PoW) serves as a consensus mechanism within blockchain technology, ensuring the validation and confirmation of transactions while facilitating the creation of new blocks. In PoW, miners, the participants in this process, solve intricate mathematical puzzles to add new transaction...
Crypto Industry Players in Hong Kong Call for Swift Approval of Bitcoin ETFs
13.3.2024
Authorities in Hong Kong have been urged to approve spot bitcoin exchange-traded funds in order to cement the region’s position as the financial hub of Asia. Industry participants believe that launching this ahead of the U.S. will enhance Hong Kong’s status in the global cryptocurrency...