Japan-based financial services company SBI Group announced today that its SBI Africa cross-border e-commerce platform, dubbed SBI Motor Japan, will start accepting Bitcoin (BTC) and Ripple (XRP) payme...
Tag: Altcoin
Luna Foundation Guard Deploys $1.5B to Defend Troubled UST Peg
The Luna Foundation Guard (LFG), a non-profit organization supporting all things Terra, has recently announced that it will lend $1.5 billion to protect the peg of its algorithmic stablecoin UST amid ...
How Blockchain Gaming Needs to Evolve for Survival
By Şekip Can Gökalp – Core Contributor, Infinite Arcade While blockchain gaming has its haters, who react almost hysterically any time it’s mentioned in conjunction with a major publisher or popular v...
Here’s What’s Next for Solana (SOL) and Red-Hot Altcoin STEPN (GMT), According to Crypto Strategist
A closely followed crypto analyst is outlining what’s ahead for Ethereum rival Solana (SOL) and move-to-earn protocol STEPN (GMT). In a strategy session, DonAlt warns holders of smart contract platfor...
What is Avalanche? An A-Z Guide to the “Ethereum Killer”
Avalanche is a public blockchain designed to scale throughput at low costs while maintaining speed, security and decentralization. The Avalanche network uses AVAX as a native coin for paying transacti...
BTC Makes an Attempt at $34k. Will it Hold?
According to Cryptocurrenciestowatch few minutes to the time of writing, Bitcoin retraced as low as $34,210. There were major fears of the apex coin testing and flipping the $34k support increased. Op...
NVIDIA Settles Undisclosed Crypto Revenue Charges With SEC, Agrees to Pay $5.5 Million
The United States Securities and Exchange Commission (SEC) announced Friday that it has settled charges against popular cryptocurrency mining chip maker NVIDIA Corporation. NVIDIA Agrees to Pay $5.5 ...
SW DAO Showcasing New UI/UX Improvements in Q1 Report
SW DAO is evolving to improve its user experience. Transparency reporting gives users and the general public access to critical information about how a company operates. Being a provider of DeFi inves...
U.S. Sanctions Crypto Mixer Blender.io for Aiding Axie Infinity’s Hackers
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has added cryptocurrency mixing platform Blender.io to its sanction list, according to a Friday statement. U...
NFT Marketplace Zora Bags $50M From Katie Haun’s Crypto Fund and Others
Non-fungible token (NFT) marketplace Zora announced earlier this week that it has raised $50 million in its latest funding round. Zora Hits $600 Million Valuation The funding, which now brings the com...
Uzbekistan Makes Solar-Powered Crypto Mining Legal and Tax-Free
Central Asian nation Uzbekistan will permit crypto mining using solar-powered energy, according to a presidential decree released earlier this week. Uzbekistan Legalizes Solar-Powered Crypto Mining Re...
Luxury Brand Gucci to Accept Crypto Payments in U.S. Stores
Luxury fashion powerhouse Gucci will start accepting crypto as a payment method at the end of this month, Vogue Business reported earlier this week. Gucci to Test Crypto Payment The firm will accept o...
Top Trader Is ‘Cautiously Bullish’ on Bitcoin (BTC), Charts ApeCoin (APE), Ethereum-Rival and One Other Altcoin
A popular crypto trader and analyst is expressing bullish sentiment for Bitcoin (BTC) with a caveat. Pseudonymous crypto trader Altcoin Sherpa tells his 174,900 Twitter followers that he is “cautiousl...
Traders Still in Search of BTC Floor Price
Last month did not go as planned for the bulls as Bitcoin failed to impress. There were several bullish predictions as to how the apex coin would perform but all failed as price progression was marred...
Google Forms Web3-Focused Team to Provide Services For Developers
Google has disclosed that its Cloud unit is putting together a team that will build services for blockchain developers creating Web3 applications, according to a recent report by CNBC. Per the interna...
Luna Foundation Purchases Additional $1.5B in Bitcoin to Bolster TerraUSD (UST) Reserve
The Luna Foundation Guard (LFG), a non-profit and the team behind Terra (LUNA) announced today that it has purchased an additional 37,863 bitcoins worth $1.5 billion to bolster its UST stablecoin rese...
Ethereum-Based Altcoin Erupts As Coinbase and Binance Reveal Surprise Support
Top crypto exchanges Binance and Coinbase are listing a brand-new altcoin focused on developing the Web3 space. The new altcoin, Project Galaxy (GAL), bills itself as the largest Web3 credential data ...
Top 12 Solana NFT Marketplaces (To Flip NFTs Now)
There are several Solana NFT marketplaces with different features. This diversity might make it difficult to choose and force first-time non-fungible token (NFT) investors to go on the hunt for the be...
How to Participate on Hoskinsea Seed Round Whitelist as Token Sale Begins
It’s been barely two months since the inception of Hoskinsea NFT Marketplace of which we have made a convincing progress towards the development of our products and marketplace. At the moment we are w...
Binance Funds Elon Musk’s Twitter Acquisition With $500 Million
Leading global cryptocurrency exchange Binance has joined the list of companies that have invested in the recent $44 billion acquisition of Twitter made by the Tesla CEO, Elon Musk. Binance Provides $...
Former BitMEX CEO Arthur Hayes Asks For No Jail Time After Pleading Guilty
Arthur Hayes, the former CEO and co-founder of cryptocurrency derivatives exchange BitMEX, who pleaded guilty to violating the United States Bank Secrecy Act, is asking the court for no jail time and ...
The Flippening – Ethereum Overtakes Bitcoin in 26% of Countries Worldwide
London, UK, May 4th 2022 – CoinText.com has compiled a study of the popularity of cryptocurrencies across nations, which concludes that Ethereum investors outnumber Bitcoin investors in 26% of countri...
Binance Acquires French Regulatory License in EU Push
Leading global cryptocurrency exchange Binance has received approval from the French Financial Service Coordinator, Autorité des marchés financiers (AMF), according to a Wednesday release from the fi...
Rick Ross Taunts Crypto Investors; Shows Off New House
Popular American hip-hop artist, Rick Ross, recently taunted crypto investors in a recent viral video, stating that he does not believe that they are actually rich. According to the Maybach Music Grou...
Solana-based Move-to-Earn Platform STEPN Hits 2.3 Million Active Users
STEPN, a popular move-to-earn platform built on Solana, has hit the 2.3 million active user mark, the project announced Tuesday. STEPN Sees Significant Adoption The move-to-earn platform has been in...
Elon Musk Changes Twitter Profile Pic to “Kinda Fungible” BAYC Collage
Elon Musk, CEO of Tesla, recently changed his Twitter profile picture to one with a collage of Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs). (Elon Musk BAYC Collection PFP) The move added f...
Liechtenstein’s LGT Bank ($290B in Assets) Launches Crypto Investment
LGT Bank, the largest global private banking and asset management group owned by the Princely House of Liechtenstein, announced its partnership with Switzerland’s SEBA Bank to offer cryptocurrency in...
Acardex Begins ACX Token Pre Sale to Early Buyers as Staking Platform Goes Live on Cardano
Acardex announces the successful Beta release of acardex staking platform on Cardano testnet. A big thanks to our community for their continued support and patience as we worked to push this across th...
US SEC Doubles Crypto Division Workforce to Enhance Investors Protection
The United States Securities and Exchange Commission (SEC) has nearly doubled the number of positions available in its Crypto Assets and Cyber Unit, a special division under the Division of Enforcemen...
Crypto ‘Detective’ (Zachxbt) Recovers $50K Stolen From Solana Investor
A Twitter user with the handle, @zachxbt recently helped a cryptocurrency investor recover $50,000 out of $240,000 worth of stolen funds. Zachxbt a self-named crypto ‘detective’ has become popular for...
India Plans to Impose 20% Tax on DeFi Transactions
India’s Central Board of Direct Taxes (CBDT) is planning on levying a 20% tax on interest earned from investing in decentralized finance (DeFi). Local news agency, the Economic Times, reported the dev...