The Algorand (ALGO) ecosystem has continued to build its decentralized network to attract more DeFi developers amid the crypto winter period. With the ALGO ecosystem lagging in liquidity expansion com...
News
Explainer-How Wall Street is preparing for possible US debt default
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt ceiling intensify, Wall Street banks and asset manage...
Bitcoin and crypto are weathering the storm
Even while facing the wrath of the US government, regulators, and mainstream press, Bitcoin and crypto continue to hold strongly. Mainstream press down on crypto Hardly a day goes by when yet another ...
Polkadot, Tron, DogeMiyagi – Which Crypto Takes the Black Belt Home? – Cryptopolitan
Stepping into the crypto world is like stepping into a bustling marketplace full of shiny, virtual treasures, each vying for your attention, promising a lifetime of fortune. Cryptocurrencies are digit...
PEPE Dominates DOGE and SHIB in Daily Trading Volume Despite 25% Weekly Decline
Despite its recent price decline, the hype surrounding PEPE seems far from over, as crypto whales are still accumulating. Its daily trading volume has surpassed that of well-known memecoins such as D...
NeoGames Stock Soars on Acquisition by Australia’s Aristocrat Leisure
Text size NeoGames offers gambling software, including a digital lottery platform. Photograph by David Paul Morris/Bloomberg NeoGames shares were soaring Monday after it agreed to be bought by Austral...
Bitcoin Price Reversal from Monthly Support Hints 5% Rise, But There’s a Catch
Published 15 seconds ago On May 12th, the Bitcoin price showcased a breakdown attempt from the monthly support of $27000-$26786. However, by the day’s end, the daily candle surged back above the afore...
MUFG Bank strikes exclusive collaboration with TBT Lab
MUFG Bank has taken over JPY 600m in the form of shares belonging to JP Universe, as well as LOGSYS. Both of these entities are affiliates of TNT Lab, which is basically a lab engaged in business deve...
Over 700 Banks Facing Significant Risk
Massive unrealized losses put more than 700 banks in the US at risk, says Fed. A public release, represented by the Federal Reserve Bank of Kansas City, discusses the growing risks of instability acro...
Here’s why the Asos share price just tumbled to a 13-year low
Asos (LON: ASC) share price tumbled to the lowest level since 2010 as concerns about the company’s future remained. The shares plunged to a low of 430p, which was about 90% below its all-time high. Ot...
PEPE Coin Outperforms Bitcoin In Social Media Buzz
Pepecoin (PEPE) has recently gained significant attention on social media platforms, outperforming Bitcoin in terms of buzz and hype. As the cryptocurrency market continues to evolve rapidly, the powe...
Turkey’s Markets Drop as Bets for Erdogan Exit Unravel
(Bloomberg) — Turkey’s markets slumped as the nation appears headed for a runoff election, surprising investors who were betting for an end to President Recep Tayyip Erdogan’s two-decade rule an...
Elon Musk Reportedly No Longer Followed by Binance’s CZ on Twitter, What Happened?
Yuri Molchan Word has spread on Crypto Twitter that head of Binance has stopped following Elon Musk Several crypto-focused accounts have tweeted today that Changpeng Zhao, chief executive and co-found...
Investors are eyeing Sparklo after the decrease in the value of the EOS cryptocurrency
EOS (EOS) has recently seen a decrease in its value. Many well-established projects are beginning to dip and this, in turn, has prompted investors to diversify their holdings. Diversifying a portfolio...
Tron’s Revenue In Q1 2023 Surpassed $90 Million, Recognize The Growth In Firm Activities
Key Points: A new report published by the business Messari indicates that the Tron blockchain experienced a rise in usage in the first quarter of 2023, with total transactions exceeding $90 million. A...
Ubisoft Partners with Integral Reality Labs to Launch Assassin’s Creed NFT Collection
Ubisoft claims that its Assassin’s Creed video game series has sold no less than 200 million copies worldwide. Despite being one of the most prominent game publishers in the Web 3.0 space as it is, Ub...
John Deaton Highlights SEC’s Schizophrenic Defense in Ripple Case
John Deaton has highlighted the ridiculous claims made by the U.S. SEC in the lawsuit against Ripple. The crypto lawyer believes that the securities regulator is coming up with schizophrenic defenses ...
Here’s why the SEC never classified ether as a security
In 2018, former Securities and Exchange Commission (SEC) director William Hinman famously opined that Ethereum — as it existed then — wasn’t a security. For years, that speech caused confusion about t...
A new milestone: 1M addresses hold 1 Bitcoin
Quick Take Over the weekend, a new milestone was reached over 1 million addresses holding 1 Bitcoin or more. During the run-up to the 2017 bull market, we saw 500,000 addresses hold 1 Bitcoin or more....
Crypto adoption: Switzerland first in the rank
Switzerland is first in the crypto adoption ranking in Europe in 2023, with a rate of 21%, well above the European averages. Crypto adoption: Switzerland achieves 21% rate and is first in Europe in 2...
Why Doesn’t Adam Silver Get it? Cut Ja Morant From Memphis Grizzlies And NBA For Long Time
MEMPHIS, TENNESSEE – APRIL 16: Ja Morant #12 of the Memphis Grizzlies injures his hand during the … [+] second half against the Los Angeles Lakers during Game One of the Western Conference...
Ripple News: Deaton Challenges SEC’s Common Enterprise Claim in Ripple Case
In a recent episode of The Layah Heilpern Show, a podcast celebrating entrepreneurship, Michael Arrington, the tech magnate behind famous American high-tech online newspaper TechCrunch and venture cap...
China Jails Elderly U.S. Citizen For Life On Espionage Charges
Topline China on Monday sentenced an elderly U.S. citizen to life in prison on spying charges, the latest in a growing number of foreign nationals and organizations caught up in Beijing’s sweeping ant...
Bitcoin Tweets Surpass Dogecoin Despite Meme Coin Craze
Data from BitcoinInfoCharts, an analytics platform, shows that there are far more tweets about Bitcoin than Dogecoin despite the spike of meme token activity in the past month. Tweets About Bitcoin Ex...
Ethereum staking returns soar to record-breaking levels; Here’s why
After the major upgrade to the Ethereum (ETH) ecosystem launched in mid-April that enabled investors to withdraw their staked ETH, the staking returns on the second-largest cryptocurrency by market ca...
KuCoin Pool Launches Joint Mining for Litecoin and Dogecoin
Arman Shirinyan In strategic move to counter impact of LTC halving, KuCoin Pool has announced launch of Litecoin and Dogecoin mining pool services As a forerunner of global cryptocurrency mining solut...
Uniswap V3 Deployment To Moonbeam Proposal Is Receiving Support
Key Points: The Uniswap community has proposed resuming Uniswap V3 deployment on Polkadot’s EVM-compatible parachain, Moonbeam. The proposal proceeded through Uni’s governance processes in the spring,...
Newmont, Oneok, Magellan Midstream, NeoGames, and More Stock Market Movers
Text size Newmont reached a deal to acquire Australian gold and copper miner Newcrest Mining for $17.5 billion. Courtesy of Newmont Stock futures were rising Monday after the Dow Jones Industrial Aver...
US Regulatory Crackdown Pushing Crypto Firms to Bermuda
With crypto giant Coinbase seeking a license to operate in Bermuda, the country’s crypto market is buzzing with activity of more US firms showing interest. The tighter regulatory action and crackdown ...
Samsung ventures into CBDC research – Details – Cryptopolitan
In a strategic pivot toward the future of finance, South Korean technology titan Samsung has joined forces with the country’s central bank, the Bank of Korea (BOK), to delve into the field of Central ...
OpenAI co-founder Sam Altman’s $200M bet that crypto will solve AI threat
OpenAI’s CEO, Sam Altman, is close to securing a further $100 million in financing for his crypto project Worldcoin, according to a report by the Financial Times. Worldcoin already received $100 milli...
Massachusetts’ Misguided Middle-Class Health Insurance Subsidy Expansion
Proposal to Expand Subsidies Up to $150,000 for a Family of Four Will Have Huge Unintended Consequences The average annual family health insurance premium in Massachusetts costs more than buying a new...