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Nasdaq to Launch Crypto Custody Service to Meet Growing Market Demand – Here's What You Need to Know
25.3.2023
Nasdaq aims to launch its much-anticipated crypto custody service by the end of the second quarter to meet the increasing institutional interest and demand for crypto services.
In an interview with Bloomberg on Friday, Ira Auerbach, senior vice president and head of Nasdaq Digital Assets, said...
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
17.3.2023
During the past 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with most of the redemptions occurring following the depegging event of USDC on March 11, 2023. Furthermore, since March 6, a total of 439.48 million BUSD stablecoins have been redeemed. Stablecoin...
Coinbase expects high demand for ETH unstaking with Shanghai upgrade
16.3.2023
Coinbase announces that unstaking requests may take weeks to months to process as they are not in charge of ETH unstaking process
Spain Prepares to Expand Offer of Gold Bullion Coins for Investors
14.3.2023
The government of Spain has approved the resources for a new issuance of gold bullion coins, which will be directed to satisfy a higher estimated demand for these instruments. The Spanish National Coin Factory will purchase 40 million euros in high-quality gold pieces for this batch,...
Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise
11.3.2023
The Central Bank of Bolivia is now selling dollars directly to citizens in order to curb what it is calling a speculative attack that has increased the demand of the population for foreign currency. This rise in demand has been caused by several factors which led the population to believe there...
OpenSea Sees Explosive Demand for 'Vitalik' NFT Collection Tied to Ethereum Co-Founder – Here's What You Need to Know
10.3.2023
The "Gitcoin Presents" NFT collection has taken the top spot on OpenSea since the project's association with Ethereum co-founder Vitalik Buterin was revealed....
Read More: OpenSea Sees Explosive Demand for 'Vitalik' NFT Collection Tied to Ethereum Co-Founder – Here's What You Need to Know
Blockchain Retail Market Size to Top Over $2 Billion by 2028 — Study
9.3.2023
According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the growing use of the technology in supply chain management...
Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million
7.3.2023
Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than...
Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report
5.3.2023
Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold buyer, adding 23 tons to its central bank’s stash...
Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand
5.3.2023
Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for consumer demand.” Expecting a slowdown in consumer demand to “lead to an outright recession,” the bank’s economist cautioned that...
Regulation and risk: Factors driving demand for a euro-backed stablecoin
3.3.2023
The world’s second most widely held reserve currency seems to be underrepresented in the stablecoin space
Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets
2.3.2023
Three United States senators have written a letter to the CEOs of Binance and Binance.US with a long list of objections to the companies’ perceived policies and actions
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
2.3.2023
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s...
Klaytn Blockchain Will Focus on Increasing KLAY Token Demand in 2023
1.3.2023
Klaytn intends to establish KLAY as a deflationary asset and provide more tools for developers intending to launch products on the network
Top 7 cybersecurity jobs in high demand
26.2.2023
Discover the top seven cybersecurity jobs in high demand: from security analyst to information security manager and more
Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens
20.2.2023
Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week...
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
19.2.2023
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last...
Market Demand Pushes Trading Volumes on DEX Level Finance to Over $1B
16.2.2023
The decentralized exchange was launched just over two months ago and earned lifetime fees of $1.2 million
Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode
14.2.2023
Glassnode noted that this is the first time in Bitcoin history where the network has been used for purposes other than for monetary purposes
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
12.2.2023
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB are now quite common, and demand for Ordinal...