Crypto data provider Kaiko has announced partnering with Deutsche Börse Group as the latter aims to expand its presence in the digital asset industry. According to the official press release, the integration is expected to be completed by the fourth quarter of this year. The latest move is focused on expanding the German stock exchange’s...Read More
Despite her bullish defense of the crypto industry’s growth, Securities and Exchange Commission (SEC) commissioner Hester Peirce – aka “Crypto Mom ” – would never support bailing it out of a crisis. On Friday, she claimed that its lack of such a mechanism is actually a strength of the marketplace. Letting Bad Companies Fail In...Read More
Solend – a DeFi lending protocol built upon the Solana blockchain – attempted to take over a whale account that supposedly could put the protocol in trouble due to its colossal size of collateral at risk of being liquidated. After the crypto community fired at the DAO behind Solend approving such a proposal, the organization...Read More
Leading Solana-based NFT marketplace Magic Eden has becomes a unicorn in less than a year since its launch last September. The latest fundraising round has pushed its valuation to $1.6 billion. The founders vowed to speed up its hiring spree despite the downsizing trend hitting crypto firms amid market slumps. A Multi-Chain Ambition Magic Eden...Read More
Earlier today, web infrastructure platform Cloudflare suffered another major outage causing half of the Internet to collapse, crippling major communication platforms and crypto exchanges, including Discord and FTX. Major Crypto Exchanges Went Offline During the Cloudflare outage, which lasted for 25 minutes, crypto users who tried to access the websites of service providers like FTX,...Read More
Bitcoin price is up over 4% today as the cryptocurrency continues to rally past the $21k mark, currently trading at $21,546. Major cryptocurrencies like Ethereum, Cardano, XRP, and Solana are also showing substantial price growth, with SOL gaining upwards of 10% in the past 24 hours. The bullish momentum this Tuesday comes amid the stock...Read More
Bitcoin price currently appears to have gained huge strength as the bullish momentum has uplifted the price above the danger zone. After breaking the previous highs around $19,000, BTC price had marked new lows at $17,600. Here an extreme bullish price action gained more than 23% of the value to rise the price beyond $21K...Read More
[PRESS RELEASE – Please Read Disclaimer] Hanjin Tan, musician and Web3 advocate, joins the project as a “Gemstar” to connect with fans and music lovers through immersive metaverse experiences and digital assets Gemie is an Asian entertainment-focused metaverse platform and NFT marketplace that revolutionizes engagement between celebrities and fans The project will work with A-list...Read More
BlockFi’s CEO – Zac Prince – took it to Twitter to announce the term sheet deal with FTX to obtain a revolving credit worth $250 million. The company aims to utilize the funds to strengthen its balance sheet and operations. The latest crypto market slumps brought pain to numerous crypto lenders, and BlockFi was among...Read More
There’s been an uproar and criticism against the Bored Ape Yacht Club NFT recently. BAYC is a collection of 10,000 Bored Ape NFTs, unique digital collectibles living on the Ethereum blockchain. Each Bored Ape is unique and programmatically generated from over 170 possible traits, including expression, headwear, clothing, and more. All apes are dope, but...Read More
According to South Korean media Money Today, the US Securities and Exchange Commission is expanding the scope of its investigations into the Mirror Protocol to add LUNA. SEC Vs. Terra In the latest development in legal tensions, the SEC has sought LUNA-related documents from Terraform Labs as well. In a parallel investigation launched last month,...Read More
Xchange Monster (MXCH) GameFi platforms change the status quo by allowing players to earn while playing their favourite games. Players can earn in-game currencies and NFTs while playing and gain crypto. Xchange Monster (MXCH) intends to capitalise on the GameFi revolution and enhance the experience for the gaming community. They aim to do this by...Read More
Ethereum’s co-founder used the recent market crash as an opportunity to lash out against the Bitcoin stock-to-flow model, which has deviated severely from its price predictions. The S2F creator responded quickly and didn’t hold back. Buterin and ETH Against the S2F Developed and published a few years ago by a popular crypto analyst going by...Read More
[PRESS RELEASE – Miami, USA / FL, 20th June 2022] Accumulate is announcing a whitelist for 10,000 Web3 enthusiasts to join in order to gain early access to claim a unique Accumulate Digital Identifier or ADI, which users will be able to use once the Accumulate Mainnet launches. What are ADIs ADIs refer to a...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, 17th June, 2022] NFT owners and traders alike have had their woes about NFT minting: it’s not a fair mint to begin with. Most projects’ minting method is off-chain, making it vulnerable to corruption and exploitation. Generated and stored NFT contents and metadata are off-chain, making them susceptible...Read More
Crypto lending firm Babel Finance, which abruptly halted client withdrawals and redemptions for all products last Friday, told Bloomberg that it was set to delay its debt repayments after reaching agreements with major counterparts and customers. However, It’s still uncertain when the company will resume withdrawals and redemptions. The Hong Kong-based crypto firm said in...Read More
It’s been eight days since Celsius Network Halted Swaps, Transfer, and Withdrawal, citing extreme market conditions. This came as the Crypto Market was experiencing a massive sell-off that saw Bitcoin hitting $17k low levels. Celsius had reportedly stopped users from withdrawing from the network, which caused some uproar in the community as many investors feared...Read More
As the bear market spreads, more cryptocurrency exchanges are joining the wave of mass layoffs, even though some analysts suggest that the bottom might be in. On June 19, BitOasis, a cryptocurrency exchange located in the United Arab Emirates, which has been serving the Middle East since 2015, announced the layoff of 5% of its...Read More
The Central Bank of the Republic of China (Taiwan’s central banking institution) reportedly warned that the non-fungible token (NFT) sector is full of fake transactions. As such, it advised investors to beware when dealing with such digital collectibles. Investing in NFTs Hides Risks According to a recent report by the Taiwan News, the nation’s central...Read More
