Search
Standard Chartered’s Research Predicts Ethereum to Hit $8K by 2026 and Eyes $35K Long-Term
11.10.2023
Ethereum might soar to $8,000 by 2026, suggests a fresh investors memo penned by Standard Chartered’s lead on forex and crypto research. Geoffrey Kendrick, alongside his analytical squad at the bank, pinpointed Ethereum’s stronghold in smart contracts, gaming, and tokenization as...
Bitfinex is looking for a $150 million share repurchase
11.10.2023
Bitfinex’s proprietor is contemplating a $150 million share repurchase as a means of enhancing its operational control over the private company. The reason is more pressing as the emphasis on regulatory aspects continues to grow. Hong Kong-based iFinex has the same board of directors...
Galxe shares recovery plan for affected users
11.10.2023
Galxe suffered a security issue on October 6, 2023. The venture has now come up with a plan to make recovery accessible to those users who were affected. Reference first: select users had authenticated a transaction on the phishing site. Thereby, they lose their funds to the scammers. However...
Bitcoin, Ethereum Technical Analysis: BTC Hits 10-Day Low, Caroline Ellison Confirms Fraud on Behalf of SBF
11.10.2023
Bitcoin slipped to a ten-day low in today’s session, as the trial of Sam Bankman-Fried (SBF) continues. Caroline Ellison, the former CEO of Alameda Research, alleged that she committed fraud at the behest of SBF. Markets also declined ahead of the upcoming U.S. Producer Price Index, which...
Solana gains while Ethereum loses, a stark comparison
11.10.2023
Solana has just seen one of the biggest inflows to the network. These are worth $24 million. While the inflows are a part of the development, this one comes as a major announcement because Ethereum, on the other hand, has seen outflows from the network. It happened in just a week, further cementing...
Hong Kong Monetary Authority Advances e-HKD Tests, Mbridge Project
11.10.2023
The Hong Kong Monetary Authority (HKMA) has recently completed a series of tests regarding the programmability of the e-HKD, the proposed Hong Kong central bank digital currency (CBDC). While still in its initial phases, the e-HKD presents “interesting” use cases, HKMA CEO Eddie...
Ethereum’s game changing two-tiered staking for enhanced security and scalability
11.10.2023
Ethereum is the second-largest crypto in terms of market cap and the first blockchain-based smart contract to undergo a historic transformation from an energy-intensive mechanism of proof of work (PoW) to a more eco-friendly consensus mechanism of proof of stake (PoS). PoS fundamentals have...
Coins.ph and Circle encourage Philippine financial inclusion
11.10.2023
Coins.ph has announced a strategic partnership with Circle to boost financial inclusion across the Philippines. The idea is to facilitate a USDC-based remittance mechanism to cover the section of the population that is still unbanked. According to statistics, nearly 44% of the population...
Bitmain Halts Employee Salaries Amid Financial Woes, Report
11.10.2023
Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information suggesting that the crypto giant is experiencing financial difficulties with poor results from its operations. Antminer Maker...
Cardano’s lead in the DeFi environment superseded by Bitcoin Spark’s remarkable potential
11.10.2023
Cardano is an emerging digital currency that has garnered an exponential number of retail and institutional investors. Charles Hoskinson, the CEO and founder of Cardano’s Foundation, has developed the project to promote transparency and efficiency. This has steadily increased...
Bitstamp’s departure from Canada is ‘timing issue,’ says CEO
11.10.2023
Bitstamp’s decision to discontinue operations in Canada is “primarily a timing issue” related to the firm’s expansion priorities, Bitstamp U.S. CEO said
Bitstamp to cease operations in Canada
11.10.2023
According to Bitstamp’s plans for the beginning of 2024, the crypto company will shut down all its operations in Canada. The actual reason behind this move has not exactly been divulged, but as per the CEO of Bitstamp, Bobby Zagotta, this decision was reached after much deliberation, and he added...
Binance CEO Changpeng Zhao Shares Thoughts on Bitcoin Halving
11.10.2023
Changpeng “CZ” Zhao, founder and CEO of Binance, has shared his thoughts on the upcoming Bitcoin halving. Using Binance Feed, the X-like social feed of the exchange, Zhao explained that Bitcoin prices won’t double immediately after the halving and that new all-time high (ATH)...
Ripple’s latest updates: What’s new and what it means for XRP holders
11.10.2023
In the recent few years, Ripple has become a notable service provider of seamless and world-class blockchain solutions. This crypto company has made a mark in the industry due to a variety of updates it has done recently. It is worth noting that these developments have captivated the attention...
Why you should care about the Bitcoin Cash halving right now!
11.10.2023
Bitcoin Cash came into existence in 2017. Bitcoin Cash (BCH) is the hard fork of Bitcoin, meant to prioritize expeditious and cost-effective transactions. The measure taken to realize this purpose was a limitation enlargement of the blocks, thereby allowing more trades to be incorporated into each...
Nigerian Central Bank Refutes Media Reports Suggesting Its CBDC Poses a Threat to Financial Stability
11.10.2023
The Nigerian central bank has disputed media reports suggesting its Sept. 11, 2023 document implies that its e-naira currency poses a threat to financial stability. The central bank said it felt compelled “to clarify the reports to ensure that misunderstandings are not fostered.” Book...
How high can Cosmos go?
11.10.2023
Cosmos (ATOM) has emerged as a leading competitor in the crypto market to Ethereum’s (ETH) popular smart contract platform by allowing developers to create highly customizable blockchains. The blockchain technology used by Cosmos makes the project less difficult and complex for developers using...
Crypto Aid Israel Fundraiser to Help Victims of Hamas Assault
11.10.2023
Members of Israel’s Web3 community have launched Crypto Aid Israel, a fundraiser in support of those affected by the conflict with Hamas. The goal is to attract cryptocurrency donations to relieve the humanitarian situation of thousands of Israelis displaced by the surprise attack...
Iris Energy Boosts Mining Capacity With $19.6M Acquisition of Bitmain’s S21 Antminers
11.10.2023
The Nasdaq-listed bitcoin mining company Iris Energy has announced its acquisition of 1.4 exahash per second (EH/s) of Bitmain’s latest S21 Antminers. This acquisition will increase the company’s self-mining capacity by 25%, from 5.6 EH/s to 7 EH/s. Nasdaq-Listed Iris Energy Bolsters...
Billionaire Paul Tudor Jones Sees ‘Most Threatening’ Geopolitical Environment — Warns of China, Russia, Iran
11.10.2023
Billionaire investor Paul Tudor Jones has warned of the effects of the geopolitical uncertainty around four nuclear powers, including China, Russia, and Iran. “It might be the most threatening and challenging geopolitical environment that I’ve ever seen,” Jones stressed. “It...