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Bank of China Completes First Precious Metal Digital Yuan Settlement
22.12.2023
The Shanghai branch of the Bank of China has completed the first settlement of precious metals using the digital yuan. The transaction, finalized on December 19, allowed the Shanghai Gold Exchange to close a $14 million precious metal trade after receiving the funds overseas, according to local...
Bitcoin Dominance Reaches 2-Year High, Exceeding 53%
21.12.2023
Source: Adobe / AMERO MEDIA Bitcoin’s share of the overall crypto market capitalization, known as the Bitcoin dominance, has reached a 2-year high at over 53%. According to data from TradingView, the Bitcoin (BTC) dominance has risen from 52% to over 53% over the past week, after having traded...
PancakeSwap Community Proposes CAKE Token Total Supply Reduction to 450 Million
21.12.2023
Adobe Stock / JorgeEduardo Decentralized cryptocurrency exchange, PancakeSwap plans to reduce the total supply of CAKE after a community proposal was announced to sustain its development roadmap. The team proposed the reduction via a community forum highlighting the development recorded so far...
XRP Price Prediction as Ripple Receives Approval to Provide Services to Central Bank of Ireland – $1 XRP Soon?
21.12.2023
Source: Dall•E 3 The XRP price has increased by 1% in the past 24 hours, with its move to $0.619473 coming as the cryptocurrency market as a whole gains by 3% today. XRP’s little jump comes after yesterday’s announcement that Ripple has secured approval from the Central Bank of Ireland...
Solana Price Prediction as Trezor Wallet Adds Support for SPL Tokens – Adoption on the Rise?
21.12.2023
Source: Dall•E 3 The Solana price has surged by 15% in the past 24 hours, rising $87.94 after Trezor announced that its wallet would support the altcoin. Today’s rise means that SOL is now up by 20% in a week and by 56% in the last 30 days, with the token also sitting on a […]
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Worldcoin Discontinues its Orb Verification Services in India, Brazil and France
21.12.2023
Source: Pixabay Worldcoin, the controversial startup led by Sam Altman, has announced plans to discontinue its Orb-verification service in India, Brazil, and France. The decision follows just months after the company’s expansion of its helmet-shaped eyeball-scanning verification device, known...
BlackRock, ARK Invest, and Others Opt for Cash Redemption After SEC Pushback
21.12.2023
Source: Pixabay / tombark Companies like BlackRock and ARK Invest have revised their spot Bitcoin (BTC) ETF filings to include cash redemption models, signaling a shift in response to SEC demands. The move comes as the Securities and Exchange Commission (SEC) deadline of January 10 to approve...
Iron Bank Euro’s Stablecoin Crisis: No Clear Path to Repeg After 60% Value Drop
20.12.2023
Source: Adobe / Skórzewiak Iron Bank Euro (IBEUR), a low-cap alternative stablecoin, has found itself in the midst of a crisis with no immediate route back to its stablecoin peg after experiencing a sharp 60% drop in value on Monday. The stablecoin, with a $3.7 million issuance, tumbled from...
As MICRO Token Surges 3,000%, This Other Crypto is Preparing to Launch – Here’s Why You Should Pay Attention
20.12.2023
As DEX-launched cryptocurrencies continue to explode, Micro Coq (MICRO) token has emerged as the latest moon-shot after posting a jaw-dropping +3,000% rally, but could this new meme coin be next? This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless...
Blockchain Security Firm CertiK Warns OKX IOS Users to Update After Flagging Vulnerability
20.12.2023
Image Source: Adobe Blockchain security firm, CertiK has urged OKX users on IOS devices to update the software to the latest version after it identified a vulnerability with the potential of causing data and asset losses. In a post on X (formerly Twitter), the firm informed users of the discovery...
Ripple Obtains Virtual Asset Service Provider (VASP) License from Central Bank of Ireland
20.12.2023
Source: AdobeStock / Michal Šteflovič Blockchain payments firm Ripple has successfully obtained a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland (CBI). The news comes over a year after Ripple established an office in Dublin and applied for the license, aiming...
Huge profits can be earned from Retik Finance (RETIK) and Solana (SOL) in 2024
20.12.2023
Solana (SOL) and Retik Finance (RETIK) have emerged as two must-buy cryptocurrencies ahead of the 2024 bull run. Both portray strong momentum as we close 2023, which suggests a potential pump in the coming year. Retik Finance (RETIK) has particularly been a hot topic within crypto social spaces...
Bitcoin (BTC) Cools Off after strong rally, while InQubeta (QUBE) presale keeps Momentum
20.12.2023
The crypto market is witnessing a fascinating juxtaposition of events. While Bitcoin (BTC) takes a breather after its recent rally, a new ICO, InQubeta (QUBE) is gaining unprecedented momentum. This scenario paints a picture of a crypto landscape that is rapidly evolving, fueled by investor...
ETHW Core Team Dissolved Just Weeks After Pleading for Funds to Maintain Servers
20.12.2023
The Ethereum Proof of Work (ETHW) core development organization has been dissolved to help the protocol achieve full autonomy. In late November, the ETHW team pleaded for $200,000 in funding to maintain servers and recruit part-time engineers. ETHW Core team’s development approach has been...
Access Protocol Airdrops $250 in ACS Token to Saga Phones After BONK Buying Spree
19.12.2023
Crypto Tax Software CoinTracking Launches Services in the UK to Demystify Tax Code
19.12.2023
Source: Adobe/amirul syaidi Digital asset tax solution, CoinTracking has launched its services in the UK providing investors multiple opportunities for tax calculations, and payments as well as keeping tabs on compliance requirements. A Dec 19 press release shows the roadmap of the firm’s...
Wolverine PS5 Gameplay Leaks After Unprecedented Insomniac Games Hack
19.12.2023
Well, they’ve done it. The hacker group that breached Sony subsidiary Insomniac Games on December 12, demanding $2 million for the terabytes of data it stole, has published almost all of it online now that Sony has refused to open its wallet. This unprecedented hack contains all kinds of internal...
Injective's INJ Year-to-Date Gain Rises to 3,000% After Latest Jump
19.12.2023
Injective [INJ], the native token of its namesake's layer 1 blockchain, surged to a record high of $39.15 on Tuesday to complete a 3,000% move to the upside over the course of 2023
Indian Law Enforcement Arrest Key Player in GainBitcoin Scam Year After Mastermind’s Death
19.12.2023
Source: Pexels The Directorate of Enforcement (ED) has arrested Simpy Bhardwaj aka Simpy Gaur, wife of Ajay Bhardwaj in the ongoing money laundering investigation in the country’s largest crypto ponzi scam GainBitcoin. The main accused Ajay Bhardwaj and Mahender Bhardwaj managed to escape...
Mysterious 2015 Whale Transfers 2,101 BTC, Stirring $88M in Bitcoin
19.12.2023
On Dec. 18, 2023, a colossal cache of dormant bitcoins stirred after remaining inactive for eight years and ten months. The whale transferred 2,101 bitcoins, originating from 2015, now valued at $88.55 million, utilizing the prevailing BTC exchange rates. $88M Worth of Bitcoin Moved by Long-Dormant...