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Polytrade raises $3.8 million to expand international trade
4.4.2023
Polytrade, a Web3 protocol for worldwide commerce, has successfully raised $3.8 million. This was made possible through a seed fundraising round in which Alpha Wave, as well as Matrix Companions, CoinSwitch Ventures, and Polygon Ventures took an active role and made considerable contributions....
BUSD deposits and withdrawals via OCBS suspended on Binance.US
31.3.2023
Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits
Russia talks up prospects of BRICS countries developing new currency
31.3.2023
A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency
Shell Protocol to launch $SHELL on Arbitrum
30.3.2023
Shell Protocol has dropped a significant announcement for the community. Needless to say, the members of the Shell Community have every reason to be excited. Currently in the guarded launch phase, Shell Protocol has announced that the team is working to make $SHELL available on Arbitrum....
Former Treasury Official Warns of Complete Economic Implosion if US Dollar Loses Global Reserve Currency Status
29.3.2023
Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. “That would mean the end of the U.S. dollar,” she said, predicting that “there would...
Circle announces USDC launch for Cosmos via Noble network
28.3.2023
The stablecoin will be launched on the Noble network, making it available to all 50-plus Cosmos IBC blockchains
Euler Finance gets back $90 million from hacker
27.3.2023
It happened to be a little before two weeks ago when the lending protocol, Euler Finance, went through an enormous amount of loss pertaining to its assets. This happened to have been the handiwork of a hacker. However, recently he has sent back the amount of 51,000 ETH, which happens to be...
Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge
25.3.2023
While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge
Filip Adzic confirms the arrest warrant of South Korea’s Kwon Do-Huing for $40 billion Fraud
24.3.2023
Filip Adzic, Minister of Interior of Montenegro, announced that the South Korean citizen Kwon Do-Huing, also known as the King of Cryptocurrencies, was detained at the Podgorica airport, Montenegro, on 23 March 2023. The announcement states South Korea has issued a warrant for the criminal...
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
24.3.2023
Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis
'Surgical removal' of crypto will only weaken USD dominance, commentators say
24.3.2023
A day after Coinbase received an SEC Wells notice, industry commentators weighed in on what recent regulator actions mean for America's crypto future
EUR/USD Hits 6-Week High, as Greenback Weakens Following Fed Hike
23.3.2023
EUR/USD raced to a six-week high on Thursday, as markets continued to react to the U.S. Federal Reserve’s 25-basis-point rate hike. The greenback was lower across the board, falling versus several G7 currencies, including the British pound. EUR/USD On Thursday, the world’s most traded...
Banking turmoil pushes crypto to ‘no oversight’, says Circle CEO
23.3.2023
Crypto firms who have had the strongest position with U.S. regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated
CCP Games raises $40M & welcomes an all-new AAA game
23.3.2023
CCP Games has been able to successfully raise a funding amount to the tune of $40 million. This will fully provide them with the opportunity to be in a position of being able to create a new and extremely innovative AAA title with the effective usage of blockchain technology. This will happen to...
Xapo Bank to enable USDC deposits and withdrawals
22.3.2023
According to the Bitcoin custodian, utilizing the USDC stablecoin will allow members to deposit and withdraw funds without fees
Why is Cardano price up today?
22.3.2023
Cardano whales are largely behind ADA's price rally in the last week, helped by Bitcoin's multi-month highs amid the banking crisis and Fed pivot hopes
Gryfyn raises $7.5m days after launch by Animoca Brands and Hex Trust
22.3.2023
It is not unlikely for two players to come together from different backgrounds and partner to accelerate the adoption of Web3. Animoca Brands and Hex Trust are recent examples. They have announced the public launch of a joint venture, Gryfyn. It has been tasked with providing innovative custodial...
Mastercard to settle transactions for stablecoin wallet in APAC
21.3.2023
Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted
Bitcoin crossed $28k, Aiming at $35K for the first time since last July
20.3.2023
Bitcoin was trading around its 52-week low in December 2022; it started to rally from a low of $16K at the beginning of this year. Now BTC price has crossed $28K for the first time since June 2022. At the time of writing this post, the price of Bitcoin is trading around $28,344. It has …
EOS Network Ventures to invest $20M to the EOS EVM and GameFi projects
20.3.2023
Per an announcement made by Yves La Rose, the Chief Executive Officer of EOS Network Foundation, the Foundation has committed an investment worth $20 million into $EOS EVM. This empowers the EVM to onboard a larger number of developers from GameFi and EVM projects. It has been the fastest network...