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Binance receives two licenses in El Salvador
9.8.2023
Binance has received two licenses from relevant authorities, becoming the first fully-licensed crypto exchange in El Salvador. Licenses received by the venture pertain to Bitcoin Services Provider and non-provisional Digital Assets Services Provider. Both licenses will enable Binance to offer...
19% of New Yorkers own cryptocurrency: Coinbase report
9.8.2023
Coinbase highlighted that there are 692 blockchain organizations and more than 800 founders in the state of New York
Temasek, Sequoia Capital, Softbank and 15 VCs face lawsuit for “abating” FTX fraud
9.8.2023
The lawsuit alleged that these VC firms made many deceptive and misleading statements about FTX while encouraging customers to invest in the exchange for their personal gain
Canadian Police Unit Utilizes Chainalysis Blockchain Forensics for Cryptocurrency Investigations
9.8.2023
Officials in law enforcement from Lethbridge, situated in the province of Alberta, Canada, have unveiled that the Lethbridge Police Service (LPS) is now utilizing Chainalysis blockchain forensics software. According to local reports, LPS has acquired the capacity to trace cryptocurrency...
Analyzing Bitcoin’s price volatility impact on the crypto industry
9.8.2023
Price volatility continues to be a part of the crypto-economy, with no specific prediction about its conclusion. As for BTC, volatility is evident from the most recent numbers, wherein the token has slipped way below the expected mark of $30k. BTC was dancing around $65,000 in 2021, which is nearly...
Is Tron a good investment in 2023?
9.8.2023
Tron is a blockchain-based, decentralized platform designed to build and deploy dApps. It was created by Justin Sun in 2017 with the mission of allowing content creators and consumers to share data without being hindered by third parties or other restrictions. Since its inception, Tron has been...
Report: Kenyan Police Raid Worldcoin’s Offices Just Days After Govt Suspended the Crypto Project
8.8.2023
A team of Kenyan police officers is reported to have raided the premises used by Worldcoin and seized devices storing users’ data. The raid came just days after the Kenyan government announced the suspension of Worldcoin’s activities in the country. Officers Armed With Search Warrant...
Optimism pumping on Worldcoin, TOADS beats the odds with 400% as crypto turns red
8.8.2023
The launch of Worldcoin (WLD) has been a major boon for Optimism, the Ethereum layer-2 scaling solution that hosts the token. In the two days since WLD launched, Optimism has seen a surge in daily transactions, surpassing its rival Arbitrum for the first time in six months. The rise in activity...
Cardano, Polygon, & InQubeta: A continuing bullish trend on the horizon?
8.8.2023
In the cryptoverse, markets are moving and shaking, with various projects demonstrating their unique potential and resilience. Amid the exciting flurry of activity, three names stand out: Cardano (ADA), Polygon (MATIC), and InQubeta (QUBE). These entities have been showcasing a bullish trend...
Crypto-Focused Public Companies Outdo Q2 Profit Projections, Boosted by Cryptocurrency Price Surge
8.8.2023
Major crypto companies reported strong earnings last quarter as swelling crypto asset prices drove up profits across the industry.
Last week, institutional Bitcoin (BTC) giant MicroStrategy reported a return to profit in Q2, with $120.4 million in revenue. The company also stacked an additional...
Biggest Movers: LINK, SOL Extend Gains, as Crypto Momentum Begins to Shift
8.8.2023
Chainlink surged by nearly 4% during Tuesday’s session, as the token moved towards a one-week high. The move came as cryptocurrencies rebounded, following a slow start to the week. Solana was another big mover, as it headed towards the $24.00 level. Chainlink (LINK) Chainlink (LINK) was one...
Binance receives licenses to offer crypto services in El Salvador
8.8.2023
The exchange reported receiving approval for Bitcoin Services Provider and Digital Assets Services Provider licenses in El Salvador, where Bitcoin has been legal tender since 2021
Building the ultimate crypto portfolio begins with Bitcoin Spark, Cardano, & Shiba Inu
8.8.2023
Diversification of the portfolio is essential for success in crypto investments, just like it is in all other investments. On that note, analysts suggest building the ultimate crypto portfolio begins with Bitcoin Spark (BTCS), Cardano (ADA), and Shiba Inu (SHIB). Bitcoin Spark (BTCS): It’s like...
Coinbase announces buying back a portion of $1 billion bonds at a premium
8.8.2023
Coinbase has stated that it is going to buy back a portion of its $1 billion bond at a premium. The condition is that the interested investors should avail the offer by August 18, 2023. Those who will get a premium of 64.5 cents on every dollar. The amount received will be in proportion to …
Ethereum & XRP scramble while VC Spectra presale promises 900% gain
8.8.2023
The past few days have proven bearish for Ethereum (ETH) and XRP. With more uncertainties on the horizon, experts predict this might just be the starting phase of a significant bearish trend for both tokens. On the other hand, VC Spectra (SPCT) continues to win the hearts of crypto enthusiasts...
Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin
8.8.2023
Bitcoin rebounded on Tuesday, following the news that Paypal was launching a USD stablecoin on the ethereum blockchain. The company hopes the move will bridge the gap between fiat and cryptocurrencies for all of its stakeholders. Ethereum was marginally higher today. Bitcoin Bitcoin (BTC) was back...
Chancer’s first exchange listing to be hosted by BitMart
8.8.2023
Chancer has announced that it will initiate the first listing on BitMart Exchange. The announcement follows the crypto project securing a fundraising worth $1 million. Partnering with BitMart gives Chancer a huge benefit. For starters, Chancer gains access to over 180 countries. Second,...
Filecoin & Axie Infinity lose steam as community flock to Pomerdoge presale
8.8.2023
The presale season is underway; experts call it the best time to make big money. During presales, you get to invest in a cryptocurrency at a lower price. At present, experts and investors are rooting for Pomerdoge. It is a new project that has amazed the market within just a few days of its launch....
PayPal introduces PYUSD, new stablecoin
8.8.2023
PayPal has introduced its stablecoin to the community. It goes by the symbol PYUSD. PayPal’s stablecoin is backed by the US Dollar with a value equivalent to the fiat currency. Meaning 1 US Dollar translates to 1 PYUSD. The stablecoin will roll out in the days to come; however, the community...
Singapore Red Cross to accept donations in Bitcoin and Ethereum
8.8.2023
Singapore Red Cross recently announced its partnership with Triple-A. Now, the homegrown humanitarian organization will start accepting donations in Bitcoin and Ethereum. Triple-A is a renowned payment gateway that boasts a license from the MAS (Monetary Authority of Singapore). The announcement...