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Here Is The Next Big Hit In The Crypto World – A VR and AR Dedicated Ecosystem 5th Scape (5SCAPE)
13.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The cryptocurrency market is brimming with auspicious projects that carry substantial potential for global success, and among the most promising niches is AR/VR gaming. This sector is steadily...
Hypeloot is Revolutionizing the Future of Online Gambling with AI and Blockchain
13.2.2024
Hypeloot is a leading AI-powered crypto casino, reaching significant milestones since its launch in 2022. With its unique integration of artificial intelligence (AI) and blockchain, Hypeloot is redefining online gambling for its global user base. Showing an impressive growth trajectory, Hypeloot...
Global Markets Crypto Intelligence Debuts Crypto Price Index
12.2.2024
A new crypto market price tracking index, the GMCI 30, debuted today. The joint venture created by The Block and Wintermute announced the launch of its GMCI 30 index, which tracks the price performance of the top 30 crypto assets. 1/ Crypto has a new benchmark ???? Tracking the performance of...
Kraken Exec Questions Efficacy of Crypto Ads at Super Bowl Despite Global Reach
12.2.2024
Kraken’s Chief Marketing Officer, Mayur Gupta, believes the Super Bowl is no longer an effective avenue for crypto marketing. Speaking before Sunday’s US National Football League championship final, he told FOX Business that Kraken did not buy advertising space in the event because...
Bitcoin Price Prediction as $20 Billion Pushes BTC Above $48,000 – $100,000 Incoming?
12.2.2024
Bitcoin‘s market position is bullish as it hovers near $48,000, amidst widespread anticipation of potential growth to $100,000. Glassnode’s analysis marks the current Bitcoin market as “high risk,” emphasizing the volatile nature of cryptocurrency investments. Grayscale...
Bitcoin Soars Past $49K, Eyes $50K Milestone Amid Global Trading Frenzy
12.2.2024
Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $50,000, marking a 3.7% increase over the past day and a notable 15.6% rise throughout the week....
78% of Institutional Traders Have No Interest In Crypto: JP Morgan
12.2.2024
New data shows that most global institutional traders have no interest in exposing holdings to digital assets although the number of pro-crypto firms has recorded a slight growth. A recent JP Morgan 2024 survey from over 4000 financial market participants shows creeping acceptance of Bitcoin...
BlackRock’s Rick Rieder Hints at Expanded Bitcoin Exposure
12.2.2024
Asset manager BlackRock may boost its Bitcoin exposure in the future. That’s according to Rick Rieder, head of global allocation at BlackRock, who is responsible for about $2.4t in assets at the investment firm. In an upcoming episode of the Wall Street Journal’s Take On the Week podcast, Rieder...
Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute
10.2.2024
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding...
Web3 Importance Highlighted in Alex Tapscott’s New Book
9.2.2024
A research report published by Spherical Insights & Consulting found that the global Web3 market size was valued at $1.82 billion in 2022. According to the report, this number is expected to reach $67.92 billion by 2032. Yet while the potential behind Web3 is massive, confusion remains when...
Binance Partners with INTERPOL to Enhance Global Cybersecurity Efforts
9.2.2024
Binance has taken certain measures to fortify global cybersecurity efforts by collaborating with INTERPOL. In a recent half-day virtual session focused on essential topics related to cryptocurrency investigations and cyber policing in the rapidly evolving Web3 space, Binance hosted over 30 officers...
Wirex CEO Says Money Mules Are a Massive Issue in FinTech and Crypto
9.2.2024
In an insightful interview with Cryptonews, Pavel Matveev, CEO and co-founder of popular global digital payment platform Wirex, discussed what money mules are and how big of a problem they pose in the crypto and FinTech industries. The short answer is: big. He further told us how these fraudsters...
Why Europe’s MiCA Raises the Barrier to Entry for Stablecoin Issuers
8.2.2024
The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European Union’s comprehensive crypto law. The legislation promises legal certainty, compliance challenges and global implications. MiCA’s primary goal will be to establish a unified rulebook for regulating...
Solana Foundation Teams Up with Abu Dhabi Free Zone for Web3 Push
8.2.2024
Abu Dhabi Global Market (ADGM) and Solana Foundation announced Wednesday an agreement to explore blockchain ecosystem development. The collaboration aims to improve Distributed Ledger Technology solutions and drive forward blockchain innovation, a press release said. “We are excited to partner with...
LBank Launches Oasys: Revolutionizing the Blockchain Gaming Industry
8.2.2024
PRESS RELEASE. LBank, a leading global digital asset trading platform, proudly announces the integration of Oasys into its diverse trading portfolio. This strategic move not only enhances LBank’s offering in the blockchain gaming sector but also marks a significant milestone for Oasys...
OKX Breaks Into Argentina With Wallet And Crypto Exchange
7.2.2024
OKX launched localized trading services in Argentina on February 7 to provide Argentinians access to the non-custodial OKX Web3 Wallet. This development will establish a secure gateway for managing DeFi, trading NFTs, accessing dApps, and more in one of Latin America’s largest crypto markets...
Canada Market Favors Crypto and Blockchain Investments Over Others in 2023
7.2.2024
Although investments in Canadian fintechs slowed down in 2023, crypto and blockchain-related investments dominated the scene. KPMG’s global Pulse of Fintech report published Tuesday found that VC-backed investments comprised over three-quarters of all deals, totaling 83 transactions valued...
Tether Launches Tether Edu, Expands Educational Initiatives in Emerging Markets
6.2.2024
Tether, the largest stablecoin company, has announced the launch of Tether Edu, an initiative that will concentrate all of the global educational and learning programs of the institution. Tether Edu will focus on emerging markets, offering courses and hybrid programs in blockchain, artificial...
JPMorgan Warns of Increased Risk for Crypto Market Due to Tether’s ‘Lack of Regulatory Compliance and Transparency’
6.2.2024
JPMorgan has warned of increased risk for the crypto market resulting from Tether’s “lack of regulatory compliance and transparency.” The global investment bank’s analysts explained that other stablecoin issuers that have been more compliant with existing regulations...
Genesis Seeks Court Approval to Offload $1.4 Billion in GBTC Assets Post-SEC Settlement
4.2.2024
After reaching an agreement with the U.S. Securities and Exchange Commission (SEC), the bankrupt company Genesis Global Capital has submitted a petition to the bankruptcy court to dispose of holdings from Grayscale’s Bitcoin Trust, Ethereum Trust, and Ethereum Classic Trust. These assets...