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Binance Launches Off-Exchange Settlement Solution ‘Binance Mirror’ for Institutional Clients
16.1.2023
The largest crypto-asset exchange by global trade volume, Binance, announced that its custody business has launched an off-exchange settlement solution for institutional clients. With this solution, institutions can lock a specified amount of crypto with a qualified cold storage wallet, and assets...
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
16.1.2023
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain...
The IPOR Protocol is witnessing spectacular growth
12.1.2023
Since it was successfully launched on the Ethereum mainnet, the IPOR Protocol has witnessed enormous growth. This launch actually occurred on August 16, 2022. The protocol slowly but surely happens to be moving from its present caretaker phase to that of becoming a DAO-governed protocol. Since...
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’
12.1.2023
Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading...
Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%
11.1.2023
Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and,...
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
11.1.2023
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that...
World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’
11.1.2023
On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, with the global economy projected to grow by 1.7%...
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes
9.1.2023
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate...
SuperRare cuts 30% of staff as growth slows during crypto winter
7.1.2023
Despite only being a week into the new year, SuperRare adds to a number of firms announcing staff cuts such as Huobi and Genesis
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year
6.1.2023
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any other country, while Australia tops the chart...
2022 in Review: ViaBTC Capital Gathers Momentum and Delivers Win-win Results
3.1.2023
PRESS RELEASE. As financial markets worldwide confront major challenges, the crypto market has remained sluggish in 2022. Meanwhile, along with the slowing global economic growth, the crypto market has also entered a prolonged bear period. Despite the continued sluggishness of crypto this year,...
Crypto Analysts Believe These Altcoins Have the Most Potential for Growth in 2023 - Find Out Why
30.12.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com
2023 is just around the corner, and many crypto investors have been reorganizing their portfolios to focus on assets that can deliver gains in the...
Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives
24.12.2022
Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth...
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
22.12.2022
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than...
Oryen Network posts 400% price increase amid live presale, While Solana loses ground
18.12.2022
It has been a dismal year for cryptocurrencies, and many investors are wary of crypto ventures because many of them have been mired in losses. However, some investors have profited significantly. While the bear market and security worries from Solana’s investors have made the SOL token price...
Crypto Whales Say These Altcoins are Poised for Explosive Growth – Here’s Why
15.12.2022
Crypto investors with deep pockets, also known as "whales", are constantly on the lookout for new opportunities to increase the profitability of their cryptocurrency portfolios. To do this, they often take advantage of presales, buying large amounts of certain altcoins in the early stages before...
HEXN․IO: New Opportunity to Earn Passive Income Through Crypto
15.12.2022
PRESS RELEASE. Crypto enthusiasts are constantly looking for new options to get passive income with crypto, but this task has become quite challenging recently. Making money on the coins’ growth is not easy when the market is down, while to manage assets by yourself, you need to have...
Polygon’s NFT Market Demonstrates Signs of Significant Increased Adoption, but Not Growth in Sale Volume, Nansen Data Shows
12.12.2022
Amid a crypto winter exacerbated by the FTX fallout, first-time and returning buyers have reached all-time highs in Polygon’s non-fungible token market. Yet, sales volumes are near all-time lows
From $10 to $10000: 3 crypto with 100x growth potential in 2023: Stellar (XLM), Algorand (ALGO), and BudBlockz (BLUNT)
11.12.2022
If you are looking for the top crypto investments for 2023? Nowadays, cryptos are becoming more valuable and profitable financial instruments available to investors. Three cryptocurrencies have a huge growth potential in the next year. These are Stellar (XLM), Algorand (ALGO), and BudBlockz...
Aptos (APT), Quant (QNT), and Snowfall Protocol (SNW) headed towards double-digit growth?
6.12.2022
This year appears to be the year of small guys in cryptoverse. Almost every major cryptocurrency has crashed, sometimes leaving a long trail of devastation in its wake. We’ve witnessed the likes of Terra being wiped out of the market. We’ve also seen over $2 trillion lost from the crypto industry....