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South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average


Recent figures show that despite bitcoin’s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than BTC’s weighted global average price. Further metrics reveal that the South Korean won still ranks as the second most traded fiat...

Stablecoins provide promising possibilities in global finance


A leading international asset manager predicts that the stablecoin market will grow to $3 trillion in the next four years, a 22-fold increase from its current size. To understand this growth better, one needs to first understand how stablecoins fit in the financial markets. This will cover...

Sui collaborates with FanTV to power global Creator Economy


Sui has announced one of the potential breakthroughs in the Creator Economy.  Sui has partnered with FanTV to power this initiative by leveraging the proceeds that enter their collective ecosystem. FanTV currently houses a community of more than 1.5 million members. Each benefit generated by...

Hong Kong will possibly become the hub of global crypto firms


As crypto regulators in the US step up their scrutiny of the industry, crypto companies and founders are seeking for more welcoming environments abroad to fuel their expansion. Notably, global crypto firms and entrepreneurs are relocating to Hong Kong for opportunity and refuge. The crypto industry...

Class Action Lawsuit Claims Coinbase Operates as Unregistered Broker


A new class action lawsuit was initiated against the San Francisco-based cryptocurrency exchange Coinbase on May 3. The legal action claims that Coinbase deliberately sold securities that are unregistered with regulatory authorities. Additionally, the lawsuit charges Coinbase with operating as...

What role does cryptocurrency play in the global expansion of sports?


Sports teams, eve­nts, and athletes are using digital mone­y more and more for deals and e­ngaging fans. Crypto cuts through currency exchange hassles, letting fans worldwide support their teams easily. This change­ streamlines deals and ope­ns up new revenue­ possibilities. It fosters a more­...

BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace


BAXUS secures $5 million led by Multicoin Capital to scale its web3-enabled platform for trading collectible spirits, increasing accessibility and transparency for global liquor collectors. The post BAXUS Raises $5 Million in Funding to Expand Web3 Spirits Marketplace appeared first on Cryptonews

Chirp Network Joins peaq to Build Unified DePIN Connectivity


Chirp Network’s integration with peaq aims to simplify data exchange for IoT devices and provide global connectivity, enhancing decentralized physical infrastructure networks through telecommunications solutions. The post Chirp Network Joins peaq to Build Unified DePIN Connectivity appeared first...

Stablecoins Gain Ground as Global Financial Asset


According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain transactions, making them a global financial asset. Legislation efforts in...

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