Key Points: Astaria has finally launched its long-awaited NFT lending protocol. Borrowers may utilize the protocol to borrow for over 300,000 NFTs with specified terms. Former SushiSwap CTO Joseph Del...
News
US economy beats back ‘dubious’ recession fears
On Thursday, revisions to first quarter economic data showed the economy grew faster than initially expected despite inflation coming in higher than first noted. In the labor market, revisions resulti...
South Korea implements crypto disclosure mandate for officials for 2024
In a unanimous decision, South Korean lawmakers have passed a new bill mandating public officials and candidates to disclose their cryptocurrency holdings starting in 2024. The legislation, reported b...
Chinese Government on Big Daily Honk: Metaverse and Digitization
Nanjing, Jiangsu Provincial Capital, Eastern China on May 22, inaugurated the China Metaverse Technology and Application Innovation Platform. Its aim is to encourage and let Metaverse progress with it...
DCG shutters crypto institutional services subsidiary TradeBlock
TradeBlock, a subsidiary of Digital Currency Group, is closing down, according to Bloomberg. “Due to the state of the broader economy and prolonged crypto winter, along with the challenging regu...
Fahrenheit Consortium to Acquire Celsius Crypto
In a significant development in the crypto industry, the insolvent lender Celsius Network has announced that the Fahrenheit consortium has emerged as the winning bidder to acquire its assets. The asse...
Morgan DF Fintoch goes radio silent after rugging $31.6M
Crypto investment platform Morgan DF Fintoch allegedly stole $31.6 million worth of user funds in an apparent exit scam on May 22, on-chain sleuth Zachxbt reported May 24. On-chain data shows the fund...
Passing Fad? Bitcoin Ordinals Inscriptions Just Hit a New Milestone
Bitcoin-based NFTs and meme tokens aren’t losing steam. Far from it—Ordinals inscriptions topped 9 million on Thursday, tripling the total of digital artifacts on the blockchain since May 1, when the ...
The Company Behind Worldcoin Raised $100M to Scan Your Iris
OpenAI CEO Sam Altman’s digital identity startup gets $115 million in funding from investors to create digital IDs on the Worldcoin blockchain and combat the rise of artificial intelligence. Tools for...
French Legislators Ease Crypto Influencer Law, Green Light For Registered Firms
In a momentous move perceived as a victory for the cryptocurrency industry, French legislators have taken a softer stance on the regulation of crypto influencers. This regulatory shift opens up a sign...
MATIC investors should tread lightly as network activity continues to…
Daily transactions on Polygon plunged by 81.38% from its peak this year. The activity on Polygon zkEVM increased after co-founder dropped hints of a potential Airdrop. Polygon’s [MATIC] network traffi...
Foresight Ventures Announces $10 Million Pledge For Web3 Accelerator
A Singapore venture capital (VC) company, Foresight Ventures, has opened the second phase of accelerator applications, focusing on Web3 projects in various emerging ecosystems. On that note, the compa...
Marvell Stock Soars on AI Earnings Remarks
Text size Shares of Marvell soared 20% in after hours trading on Thursday. Dreamstime Marvell Technology shares surged after it posted solid earnings results and gave guidance slightly above Wall Stre...
When Compared to Tradecurve (TCRV), Crypto.com and KuCoin Fall Short
Advertisement     In the highly competitive world of cryptocurrency exchanges, new players often emerge with promises of innovative features and game-changing platforms. Lately, Tradec...
Here are ways retirees can protect nest eggs during a stock market rout
Getty | mihailomilovanovic The federal debt-ceiling standoff and the specter of a possible recession on the horizon may mean turbulent times ahead for the stock market — and that’s especially wo...
XRP Lawyer Mocks Ripple CEO’s XRP Lawsuit Timeline Call
John E Deaton, a vocal XRP advocate has made a comical comment regarding the timeline prediction proposed by Ripple Labs CEO, Brad Garlinghouse on the ongoing Ripple case with the US SEC. On Twitter, ...
Icahn Enterprises continues to tumble following Hindenburg short report, Bill Ackman’s responses
WASHINGTON (AP) — The business empire of corporate raider and activist investor Carl Icahn continues to tumble amid the fallout following a recent report from short-selling firm Hindenburg Research — ...
Polkadot Extends Decline, Can Bulls Defend $5.15 Support?
The Polkadot price analysis continues to indicate a bearish outlook as the market undergoes a notable decline. Within the past 24 hours, the asset’s price experienced a slight decline, demonstrating s...
Why its stock, along with Nvidia, should get a boost from the AI boom, too
Nvidia (NVDA) isn’t the only company that has benefited from the AI boom. Other chip companies are joining in on the fun, Qualcomm (QCOM) SVP of Product Management, Ziad Asghar, told Yahoo Finan...
Crypto Payments Company Etonec to Create ZK-Powered Compliance Tool By Year’s End
Etonec’s partnership with decentralized exchange Lumina DEX will use zero-knowledge technology to create a sort of permissioned pool, a liquidity pool market that is compliant with AML regulations. Th...
MARA’s Donations for Crypto Developers- $500K; Marathon Digital
Marathon Digital Holdings; MARA sums it to $500,000 in donations. It will have non-profit Bitcoin scrutiny and development. Amidst the Bitcoin 2023 conference in Miami Beach, Florida, coincides with a...
Bitcoin (BTC) Might Be Nearing Historic Macro Turning Point per This Metric
Bitcoin might be nearing a macro turning point, a recent Glassnode analysis suggests. Glassnode deduced this from an evaluation of the wealth held by single-cycle long-term holders (six months to two ...
DigiToads set to emulate the bullish success of Cosmos & Polkadot
With DigiToads (TOADS) rising in popularity as the viral meme coin, experts predict this newcomer will soon outperform the best cryptos in 2023. While many crypto assets fail to bring profitable retu...
Bankrupt Lending Platform Celsius Agrees To Purchase Bid By Fahrenheit
Bankrupt lending platform Celsius Network LLC has announced that it has selected a proposal by Fahrenheit as the winning bid to lead the company out of bankruptcy, according to reporting by Reuters. C...
Sam Altman’s Crypto Company Raises $115M Led By Blockchain Capital
Key Points: OpenAI CEO Sam Altman has secured $115 million for a crypto company he co-founded in a Series C fundraising deal sponsored by Blockchain Capital. Worldcoin is a concept that attempts to pr...
Crypto Twitter Defends Trezor, Claims FUD Over Trezor T Hacking News
Crypto Twitter claims FUD over Unciphered’s video hacking into a Trezor T. Unciphered claims that they hacked into the Trezor T with Trezor’s latest firmware. This news comes shortly after Ledger’s co...
CFTC charges 5 in fraudulent digital asset trading scheme
The U.S. Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against five individuals, accusing them of running a fraudulent digital asset trading scheme. The defendants, ...
Don’t Bailout This IPO ‘CAVAstrophe’
PASADENA, CALIFORNIA – FEBRUARY 06: The Cava logo is displayed at a Cava restaurant chain location … [+] on February 6, 2023 in Pasadena, California. The Mediterranean restaurant chain ann...
Core DAO Is Using Bitcoin to Solve the Blockchain Trilemma
Core DAO is merging proof-of-work (PoW) and delegated proof-of-stake (DPoS) with the hope of solving the blockchain trilemma. The blockchain trilemma refers to the trade-offs layer-1 solutions must ma...
How To Avoid The Worst Style Mutual Funds 2Q23
Stock market chart on a huge digital space. getty Question: Why are there so many mutual funds? Answer: Mutual fund management is profitable, so Wall Street creates more products to sell. I leverage m...
Circle Launches Euro Coin (EUROC) on Avalanche Blockchain
Circle has announced the launch of Euro Coin on Avalanche. The launch expected to increase euro liquidity. Circle, the stablecoin issuer, has announced the launch of Euro Coin (EUROC) on Avalanche. Th...
When Exactly Is The Debt Limit X-Date? The Market Looks For Clues
FILE – U.S. Treasury Secretary Janet Yellen takes questions from journalists during a press … [+] conference, at the G-7 meeting of Finance Ministers and Central Bank Governors, at Toki Me...