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While Fantom and Curve stumble, Everlodge presale rides a wave of optimism
6.9.2023
Recently, prominent cryptocurrencies such as Fantom (FTM) and Curve (CRV) have experienced a stumble in their market standing. In contrast, Everlodge (ELDG), a new entrant in the crypto space, is riding a wave of optimism during a presale of discounted tokens. Let’s find out what’s...
Stake restarts operations after $41M hot wallet exploit
6.9.2023
Stake recently announced resuming its crypto gambling operations. The Australian-Curacaoan platform lost 41 million dollars in an exploit a month ago. According to Stake, user funds were not affected during the exploit. Any user who lost funds while transacting during the attack will...
Visa shift its stablecoin settlement capabilities to Solana
6.9.2023
Visa, which is on the top of the list in payments, is planning to shift its stablecoin settlement potential to the Solana blockchain. This is an integral part of its plan to upgrade cross border movement. For this, it has formed associations with Worldpay and Nuvei. Through live pilot projects...
Leveraging Litecoin: Unpacking opportunities in the digital economy
6.9.2023
Litecoin distinguishes itself with its unique qualities and is frequently referred to as the “silver” to Bitcoin’s “gold.” This essay explores the intriguing possibilities that Litecoin brings to the forefront of the digital economy, illuminating how its distinct...
How to handle crypto trading gains and losses on your balance sheet
6.9.2023
Cryptocurrency taxation and reporting transactions on your balance sheet differ. Here’s how to treat cryptocurrency on your balance sheet
South Korea Seeks to Freeze North’s Crypto Assets Under New Law
6.9.2023
The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean sanctions more effective...
Bitcoin Cash’s remarkable rise in the future: Can the growth continue?
6.9.2023
The stratospheric rise of Bitcoin Cash has made waves in the world of digital finance. This cryptocurrency, created from the well-known Bitcoin, has carved out its own path with unique characteristics and goals. The article “Bitcoin Cash’s Remarkable Rise in the Future: Can the Growth...
G20 Nations Actively Discussing Crypto Framework, Says Indian Finance Minister
6.9.2023
The G20 countries are actively discussing a global framework for crypto assets under India’s presidency, Finance Minister Nirmala Sitharaman has revealed. “India’s presidency has put on the table key issues related to regulating or understanding that there should be a framework...
Singapore Elects President Who Advocates ‘One Regulatory System’ for Crypto and Traditional Finance
6.9.2023
Tharman Shanmugaratnam, the former deputy prime minister and central bank chairman of Singapore, has been elected as the new president of the country. The Singaporean president-elect, who advocates for a single regulatory system for both crypto and traditional finance, wants to make sure that...
US-based Genesis Global Trading will eliminate its crypto spot trading service
5.9.2023
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.”
Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
5.9.2023
A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...
Experts say Litecoin is overvalued; buy Borroe & Tron instead
5.9.2023
Cryptocurrency experts recently insisted that Litecoin ($LTC) is overvalued, but the token keeps rising amid a bullish sentiment in the entire market. Elsewhere, TRON ($TRX) is bullish due to a massive growth in daily transactions. However, investors prefer Borroe ($ROE) since it is regarded as...
Biggest Movers: DOGE Snaps a 6-Day Winless Run
5.9.2023
After six consecutive days of trading in the red, dogecoin rose higher on Tuesday, after bouncing at a key price floor. The meme coin was a notable gainer in today’s session, despite market sentiment mostly tracking lower. Polygon was also in the green, extending recent gains in the process....
Shiba Inu and Bitcoin Spark: The hottest cryptocurrencies of 2023
5.9.2023
With the second-last quarter of 2023 almost coming to an end, crypto investors are looking to gain significant profits before the end of the year. On that note, several analysts suggest Shiba Inu (SHIB) and Bitcoin Spark (BTCS) are the hottest cryptocurrencies of 2023. What makes a crypto popular?...
40% of crypto trading platforms are decentralized: World Federation of Exchanges
5.9.2023
The World Federation of Exchanges noted in a report that retail demand is higher for crypto products but there's a lack awareness on investor protection
Bybit’s TradeGPT: Your AI Trading Assistant
5.9.2023
Bybit, a globally recognized crypto exchange, has introduced TradeGPT, a groundbreaking AI-powered educational tool. This initiative is a testament to Bybit’s commitment to evolving into the “Crypto Ark” of the world, where free mentorship and financial education are made...
Stake experiences a security compromise worth $41 million
5.9.2023
Stake has reportedly experienced a major hack for its hot wallets. This has caused the platform a loss of approximately $41 million. The malicious actor is said to have executed multiple transactions, thereby creating suspicion around the outflow of cryptocurrencies. This development was first...
Hawaii Man Charged for Making False Security Fund Conversion to Crypto Claims
5.9.2023
The U.S. Securities and Exchange Commission has charged a Hawaiian resident for falsely claiming that his fraudulent security would become the “first publicly traded security fund to convert to a cryptocurrency.” According to the Commission, the man promoted the security to boost...
PLANET gamifies utility roadmap reveals the way to disrupt the $300B green tech industry
5.9.2023
PLANET, the celebrity-backed global movement harnessing the power of the blockchain to address crucial social and sustainability challenges in line with the UN SDGs, has lifted the curtain on a power-packed utility roadmap in a gamified unveil that captivated its global communities. PLANET,...
Global Fintech Fest 2023 to be the largest thought leadership platform
5.9.2023
The Global Fintech Fest is set to become the biggest FinTech conference in the world. The event, running between September 5 and 7, is conducting its second physical edition. The conference will take place at Mumbai’s Jio World Convention Centre. The organizers have set Global Collaboration for...