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Web2 Platforms Aim To Make Web3 Development Easy, But Will This Hurt The Industry?
27.12.2023
Source: AdobeStock / Sergey Nivens Web3 activity has increased over the course of 2023. According to a recent report from DappRadar, the decentralized application industry (dApp) achieved a milestone of 3.4 million daily Unique Active Wallets (dUAW) in November. The report notes that this...
Bitcoin Price Prediction: ETFs Boost BTC to $43,500, Japan Tax Reforms in Play
26.12.2023
In a remarkable surge, Bitcoin has reached $43,499, marking a 0.71 percent increase on Tuesday. This notable ascent can be largely attributed to the burgeoning interest in Spot Bitcoin ETFs, which are poised to surpass the combined inflows of all 150 crypto ETPs currently in the market. Adding...
Last Minute Crypto Gift Ideas for Tech Natives and Newcomers
21.12.2023
Cryptocurrency is a hot topic of conversation, especially during the holidays. This is becoming the case even more so as Bitcoin gains traction. A recent report from Bitcoin financial services firm Unchained found that one in four Americans already own Bitcoin. Additional findings from Unchained...
Cogwise Real-Time Trading AI Model’s Test Phase Brilliance: Averaging 16.8% Weekly Returns
15.12.2023
In a groundbreaking development for the world of finance and investment, the Cogwise AI team has unveiled a cutting-edge feature that is poised to change the way traders make decisions. The innovative “AI News Aggregator” integrates advanced artificial intelligence and machine learning...
Shiba Inu (SHIB) type returns to be replicated by Retik Finance (RETIK) feels expert
13.12.2023
The 2021 bull cycle saw nearly all cryptocurrencies surge to new all-time highs. Shiba Inu (SHIB) outperformed the rest of the industry with a whopping 43 million percent jump. As we approach another bull market, market analysts have spotted another crypto asset exhibiting a similar price action...
Online forex brokers to pay 3% annual fee to regulatory authority
4.12.2023
There is a slight shift in the segment of online forex trading, with authorities jumping in to impose better protections and revenue streams. While protections are for customers, revenue streams majorly pertain to their interest, which is expected to be passed on to the community. For online forex...
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million
3.12.2023
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading fees.” Only...
Canaan secures new financing as revenue falls 55% in Q3
28.11.2023
Despite a downturn in its bottom line, the company has secured a deal with an institutional investor to potentially raise $125 million in capital
Bitcoin Price Prediction as Standard Chartered Reiterates $120,000 Price Target for BTC in 2024 – Time to Buy?
27.11.2023
In the ever-evolving realm of cryptocurrencies, Bitcoin (BTC), the flagship digital asset, remains resilient, consistently hovering above the $37,000 threshold on Monday. The broader crypto market, with a global cap of $1.42 trillion, witnessed a modest 24-hour dip of 1.22 percent....
Average value of undeclared crypto in Japan dropped 19% in 2022
27.11.2023
The number of tax evasion cases featuring crypto assets rose 35% last year when compared to 2021
Cyberpunk 2077 And Other Big Games Are 33 Percent Off For Epic’s Black Friday Sale
22.11.2023
The Epic Games Store might not be making any money, but it’s still giving away lots of good deals to anyone who’s willing to shop there. The Steam competitor’s 2023 Black Friday deals might not be as good as in years past, but the Fortnite maker is still giving all players a coupon for 33 percent...
Polygon gas fees spike 1000% amid Ordinals-inspired token craze
17.11.2023
Gas fees on the Polygon network reached as high as $0.10 during a mad rush to mint an Ordinals-inspired token called POLS
Persona 5 Publisher Raises Salaries Amid Industry-Wide Layoffs
15.11.2023
Developer-publisher Atlus is reportedly raising the annual salaries of its Japanese staff by 15 percent, a move that is the total opposite of what’s been happening across the U.S. labor market (and the games industry specifically) for months now.Read more
Poloniex exchange suffers $100M exploit, offers 5% bounty
10.11.2023
Over $100 million in digital assets were transferred from a wallet belonging to crypto exchange Poloniex in what security firms believe to be a massive hack
Market share rises by 69% for opBNB, Binance announces support
9.11.2023
opBNB went live on mainnet recently and has already seen a massive rise in its market share. The jump is 69% jump for the Layer 2 solution of the BNB Chain. It is now the second most popular layer 2 solution in terms of DAU, 92,761. Additionally, Binance has announced that it will support deposits...
Indian Government Misses on $420 Million in Crypto Taxes as 90% Trade Volume Shifts Offshore: Report
9.11.2023
Source: Pexels The imposition of a one percent tax-deducted-at-source (TDS) on the trading of cryptocurrencies in India has led to a massive shift of millions of users to offshore crypto exchanges, according to a recent report published by the Esya Centre. In February 2022, India’s Ministry...
Shares of Grayscale Chainlink Trust soar 200% premium
8.11.2023
LINK has more than doubled in price in the last three weeks, and this has surged the share value of GLINK shares in the Chainlink Trust of Grayscale. They are up by 200% in premiums. Shares in Grayscale cannot be redeemed; holders can only exit the sphere by selling their shares to a potential...
BNB Smart Chain scam losses dropped 75% in Q3: Report
7.11.2023
Security firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat
Binance's spot trading market share falls to 40% in 2023: Report
6.11.2023
The exchange's share in crypto spot trading was slashed by one-third over the past year
OpenSea slashes workforce by 50% before launching OpenSea 2.0
6.11.2023
OpenSea has announced that it is soon going to launch OpenSea 2.0. However, what has attracted a larger number of eyeballs is the NFT Marketplace slashing its staff force by 50%. This is not the first time OpenSea has reduced its staff, except the explanation has changed. This time, the platform...