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Coinbase Analysts Optimistic Ahead of Q2 Earnings, but Warn About USDC Risks and Lower Trading Volumes
2.8.2023
The crypto exchange reports earnings for the second quarter of 2023 after the market closes on Thursday
Coinbase to Add Bitcoin's Lightning Network for Payments in Response to Jack Dorsey’s Tweet
2.8.2023
Crypto exchange Coinbase’s CEO Brian Armstrong and former head of Twitter – now X – Jack Dorsey, highlighted the potential and future of Bitcoin’s Layer 2 (L2) payment protocol, the Lightning Network.
In response to Dorsey’s Tweet, Armstong said Wednesday that Coinbase is looking into best ways...
A New Bitcoin-Based Arcade Game Is Leaving a Mark on Gamers
2.8.2023
A platform that went live last week looks to expand bitcoin usage by attracting players to win-to-earn games that run wholly on the Bitcoin blockchain
How to detect fake news with natural language processing
2.8.2023
Unravel the power of NLP in spotting fake news with various techniques and real-world examples
KPMG’s report on Bitcoin: Real-life crisis solutions
2.8.2023
KPMG has published a report on Bitcoin, highlighting the ways in which it can actually contribute to the traditional ecosystem. The report comes at a time when the entire crypto market is going through turbulence. As for BTC, it is way below the expected mark of $30k. The token is currently trading...
Binance Japan opens up for Japanese residents
2.8.2023
The residents of Japan can now be a part of the growing Web3 ecosystem. Binance has announced that it is officially extending its arm in the region by having an operational platform under its umbrella. Previously known as SAKURA Exchange BitCoin Inc, the venture was acquired by Binance in November...
Kenya Suspends WorldCoin Operations, Launches Investigation For Collecting Public Data
2.8.2023
The Ministry of Interior of Kenya has suspended the operations of Sam Altman’s WorldCoin and launched an investigation into the company for collecting public data.
Kenya’s Ministry of Interior and National Administration issued a statement earlier today saying that the government is concerned...
Genesis Digital Assets Announces Expansion of Bitcoin Mining in South Carolina
2.8.2023
Major Bitcoin mining company Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina, USA, which has "abundant and clean energy sources."
The facilities are located in the Western region of the southeastern state, said the press release.
All three...
Three Arrows Capital's Kyle Davies Declares Singaporean Residency to Avoid US Courts
2.8.2023
Kyle Davies, co-founder of now-defunct crypto hedge fund Three Arrows Capital, has claimed that US courts don't have jurisdiction over him as he has renounced his American citizenship.
According to court documents filed on Tuesday, Davies became a permanent resident of Singapore in 2017...
Ripple CLO Stuart Alderoty Explains Securities in ‘After Hours’ Parody Skit
2.8.2023
Stuart Alderoty, CLO of Ripple, prepared a skit explaining the definition of securities according to the company, supported by the recent ruling in the SEC v. Ripple case. The segment, titled “After Hours,” parodies U.S. Securities and Exchange Commission (SEC) Chair Gary...
Surprise action by FTX creditors
2.8.2023
Creditors of the now defunct cryptocurrency exchange, FTX, are seemingly deliberating on revamping the website and bringing in third-party investors. The idea is to compartmentalize the various groups of petitioners and follow it up with regulated disbursement of assets. The initial segment going...
Litecoin Halving Unlikely to Drive Immediate Price Gains, Past Data Show
2.8.2023
Aave Should Block Curve Token Borrowing, Risk Management Firm Proposes
2.8.2023
An ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing all borrowing activity, Gauntlet argued in a Wednesday protocol
Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications
2.8.2023
As many as six entities have filed applications with the U.S. Securities and Exchange (SEC) for Ethereum Futures exchange-traded funds (ETFs) as of filing time on August 2, 2023
Kenyan Government Suspends Worldcoin Activity on Financial Security, Privacy Concerns
2.8.2023
Kenya is the first country to fully suspend Worldcoin operations. Data protection offices in Europe have started investigations
Arcube furthers collaboration with Etihad Airways
2.8.2023
Arcube and Etihad Airways are taking their collaboration further in order to make additions to their NFT collection. The idea is also to develop a staking for miles platform. This is after the delivery of the EY-ZEROI NFT collection. The collection will derive its inspiration from the association...
Crypto Custodian Hex Trust Expands European Foray With Registration in France
2.8.2023
The registration, which follows last year's approval in Italy, is "a significant milestone" for its European expansion plans, Hex Trust said
Will Litecoin Halving drive LTC price to new heights in 2023?
2.8.2023
Litecoin is known as ‘digital silver,’ a popular Bitcoin fork that is ready for an upcoming halving. Will it impact the LTC price? What is the significance of halving? If you are a Litecoin holder or want to invest in LTC for the long term, please read this post because the upcoming halving could...
Coinbase Looks to Add Bitcoin Lightning for Payments
2.8.2023
The move is part of the exchange's broader plan to improve cryptocurrency-based payments globally
Binance's Largest Market is China: WSJ
2.8.2023
China is Binance’s largest market, amounting to 20% of worldwide volume