REALM, a mobile-first social impact “metaverse factory”, is releasing its mobile app beta on the Google Play Store and Apple App Store on June 21st, or REALM-DAY. Visitors to NFT.NYC will be able to j...
Tag: crypto exchange
Binance Resumes BTC Withdrawals After Temporary Suspension
Leading cryptocurrency exchange Binance has resumed bitcoin (BTC) withdrawals after temporarily suspending the service for a few hours. Binance Suspends BTC Withdrawals Earlier today, the exchange an...
Investment Manager SkyBridge Bought the Bitcoin Dip
While crypto investors are panicking about the current bearish trends, global investment firm SkyBridge Capital is buying the Bitcoin dip. According to Anthony Scaramucci, SkyBridge CEO, the investmen...
BlockFi Reduces Workforce by 20% as Crypto Winter Intensifies
The current bearish market trend is affecting both investors and companies in the crypto industry. While investors scratch their heads in losses, firms such as crypto lending exchange BlockFi are taki...
CZ Binance Says Now is a Great Time to Hire and Acquire Despite Crypto Winter
Despite the unfavorable conditions in the crypto market, Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, said that the company is increasing its workforce and acquisitions. A Healthy War ...
Near $1 billion REKT as Global Crypto Market Cap Slips Below $1T
The global cryptocurrency market has slipped below $1 trillion a few hours to the time of writing. This is the first time in more than a year the valuation of the industry is below the said mark. Sou...
PFP NFTs Explained for Real Beginners (101 Guide)
Profile Picture Non-Fungible Tokens (PFP NFTs) are NFT images that are displayed as profile pictures in the form of avatars on an individual’s social media account(s). NFTs that started out with littl...
Celsius Network Freezes User Assets as Market Crash Worsens
On Monday, crypto lender Celsius Network, paused withdrawals, swaps, and transfers of assets between accounts on the platform, citing “extreme market conditions.” The popular crypto lending platform s...
Do Kwon Flatly Denies Cashing out $2.7 Billion Before Terra Collapse
Controversial Terra (LUNA) blockchain founder Do Kwon has taken to social media to refute the recent allegations that he cashed out $2.7 billion before the catastrophic end of the $40 billion valued b...
BTC hit a Low of $25k Last Month. Will it dip lower?
The past month has been one that many would love to forget as Bitcoin failed to surge. The asset dipped to its lowest in more than 16 months. Opening the 30-day session at $37,680 and peaking at $40,0...
ETH Retests $1,500 for the First in Fourteen Months
A few minutes to the time of writing, Ethereum retraced to the sub-$1,600. The coin has hit a low of $1,500 but met rebound at the level. As at this time, the asset is trading above $1,500 which sugge...
Jack Dorsey Announces Upcoming “Web5” Platform Built on Bitcoin
Jack Dorsey, the former CEO of Twitter and founder of Block Inc., is working on a new decentralized platform, a so-called “Web5” platform that will be built on the Bitcoin network. The development of ...
Nigerian Stock Exchange Plans Blockchain-based Settlement by 2023
The Nigerian Exchange (NGX) Ltd. is planning to launch a blockchain-enabled exchange platform in 2023. Per a report by Bloomberg on Friday, NGX said it aims to use the platform in settling capital mar...
Bitcoin Lightning Network Capacity Surpasses 4,000 BTC
The Bitcoin lightning network capacity hit a new milestone this week, with over 4000 bitcoins (worth approximately $116 million at current prices) locked in channels. The latest milestone comes off th...
It Is a “Very Risky” Option for Retirement Savers
Janet Yellen, the secretary of the U.S. Treasury, said at an event on Thursday that cryptocurrencies are a “very risky” option for people who are saving for their retirement. “It’s not something that ...
Five (5) Ways to Reduce Risk to Near Zero!
Seasoned traders know that no one prevails in cryptocurrency trading 100% of the time. Crypto assets are considered high-risk investments since they are incredibly volatile. Delving into crypto tradin...
Mastercard to Unlock Easy Access to NFT Marketplaces
Mastercard revealed in a Thursday announcement that it has secured multiple partnerships with crypto asset providers to enable easier buying and selling of non-fungible tokens (NFTs). The global payme...
Why Bitcoin? Gold Shipment Ordered Since 2015 Yet to Arrive
A monetary gold transfer from London to Switzerland, which took place in 2015 has failed to complete to date. According to a report by ZeroHedge, the transaction was scheduled to be completed within f...
What Happens When All Bitcoins Are Mined?
The cryptocurrency, Bitcoin, has a limited supply of 21 million units. What happens when all bitcoins are mined is that miners will only be rewarded in the form of transaction fees paid by users. The...
Solana-based DEX Lifinity Surpasses $1B in Trading Volume
Solana-based decentralized exchange (DEX) Lifinity announced this week that it has surpassed one billion ($1 billion) in cumulative trading volume. The milestone achievement comes one month after the ...
BlockFi Plans to Raise $100M at a Lower $1B Valuation
Crypto lending platform BlockFi is planning to raise new funding at a depressed $1 billion valuation, Bloomberg reported Wednesday, citing people with knowledge of the matter. Recall that in March 202...
VeChain Signs $100M Multi-Year Sponsorship Deal With UFC
Blockchain firm VeChain announced today it has signed a multi-year sponsorship deal with The Ultimate Fighting Championship (UFC). This marks VeChain’s first foray into the sport, following a similar ...
DeFi Project ChangeX Lands Advisory Board From Major Industry Giants, ICO Oversubscribed by 180%
Hybrid Banking/DeFi project ChangeX is proud to announce the onboarding of a new advisory board with experts from SoftBank, Merrill Lynch, and Citibank fame. The move reflects ChangeX’s efforts to str...
Optimism Confirms $16M Fumble With Liquidity Provision
Optimism, a layer-2 scaling solution built on the Ethereum network, on Wednesday shared details about an exploit that resulted in the loss of 20 million OP tokens worth an estimated $16 million. The O...
Solana Rolls Out $100M Investment Fund for South Korean Web3 Startups
Solana Ventures and the Solana Foundation have launched a $100 million investment and grant fund to bolster the growth of South Korean web3 startups building on the Solana ecosystem, a report revealed...
Checkout.com Partners With Fireblocks to Enable USDC Payments
Global payments company Checkout.com announced Tuesday the launch of its weekend stablecoin settlement solution to enable businesses to make and receive payments in cryptocurrency, particularly USDC s...
U.S. Senate Passes Legislation to Treat Cryptocurrencies as Commodities
The long-anticipated United States Senate cryptocurrency bill that would properly classify crypto assets has finally been passed, The Washington Post reported Tuesday. The bill, introduced by Senators...
Dip Buyers! Institutional Bitcoin Inflows Hit $120M as Price Trailed Below $30k
With the current downtrend in the crypto market, investors have taken advantage to position themselves towards a potential uptrend in the price of assets, especially in Bitcoin. A Coinshares report on...
Portuguese Football Club Benfica Partners Socios to Launch Fan Token
Portuguese football club SL Benfica announced today it has partnered with crypto fan engagement firm Socios.com to launch fan tokens. The move makes it the first football club in the country to launch...
One Year On! El Salvador Marks Bitcoin Legal Tender Anniversary
Today makes it a year since El Salvador publicly revealed plans to adopt bitcoin as legal tender. On June 06, 2021, the president of El Salvador, Nayib Bukele, announced that a Bitcoin bill would be s...