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Tag: Cryptocurrencies
Here’s Why XRP, SHIB, DOGE, ADA and Other Cryptocurrencies Just Crashed
Alex Dovbnya Fed Chair Jerome Powell’s recent comments pushed the prices of cryptocurrencies significantly lower Dogecoin (DOGE), Shiba Inu (SHIB), Cardano (ADA), Shiba Inu (SHIB) have taken a severe ...
Coinsillium CEO deems CBDCs a ‘small niche’ vs Bitcoin, other cryptocurrencies
The development of Central Bank Digital Currencies (CBDCs) is picking up pace but Coinsillium CEO Eddy Travia is not concerned about their impact as he thinks they fail to give users an edge over exis...
Median U.S. Home Expected to Drop to 4 BTC by End of 2024
Contributed by Adaptive Analysis. Real estate has always been a desired asset worldwide. While other asset classes like stocks, bonds, commodities, precious metals, and crypto are attractive to specif...
Animoca Brands Japan Secures $45 Million to Promote Web 3 Technology
Animoca Brands Japan, the Japanese division of Animoca Brands, a Hong Kong-based company driving digital property rights through non-fungible tokens (NFTs), has received $45 million in funding to grow...
Cboe Global Markets Unveils Equity Partners for Its New Digital Asset Business
Leading global market infrastructure provider Cboe Global Markets has on Thursday announced its first group of potential equity partners to buy stakes in its newly acquired business ErisX, to be renam...
Blockchain Firm ThirdWeb Raises $24M From Haun Ventures, Coinbase, and Others
San Francisco-based blockchain company, ThirdWeb, has raised $24 million from leading industry investors such as Haun Ventures and Coinbase. The Series A funding brings the firm’s valuation to $160 mi...
Cryptocurrencies used to circumvent sanctions
It has been talked about for a long time that digital currencies could be used by the Russians, as well as North Korea or Iran, to circumvent tough sanctions imposed by the international community. Ge...
Siam Bank Terminates Stake Acquisition Deal With Crypto Exchange Bitkub
Thailand’s oldest bank, Siam Commercial Bank (SCBX), will no longer follow through with its plans to acquire a 51% stake (over $500 million) in local crypto exchange Bitkub. Coinfomania reported last ...
Coinme adds ethereum and five more cryptocurrencies to its crypto kiosks
The Seattle-based crypto exchange Coinme will add six additional cryptocurrencies to its list of buyable assets from its kiosks, the company announced Wednesday. Individuals can now purchase ethereu...
Polygon Says Ethereum Merge Is “Good News” Amid Community Fear
With the highly-anticipated Ethereum Merge fast approaching, the team behind layer 2 scaling solution Polygon has asserted that Ethereum’s upcoming transition to a Proof-of-Stake (PoS) consensus mecha...
Tether Says It Will Not Freeze USDT in Sanctioned Tornado Cash Addresses
Stablecoin issuer Tether has revealed that it will not freeze USDT tokens in U.S.-sanctioned Tornado Cash addresses. The Hong Kong-based company noted that the USDT would only be frozen if the appropr...
Crypto ATM Operator Bitcoin Depot to Go Public via $885M SPAC Deal
United States-based Bitcoin ATM operator Bitcoin Depot has disclosed its plans to go public by merging with a Special Purpose Acquisition Company (SPAC) in a deal that values the firm at around $885 ...
Big Eyes Coin, Tamadoge, and Dogecoin – The Hype Behind Meme Cryptocurrencies
Meme cryptocurrencies are over the thousands today due to one coin that brought something different into the crypto industry. They are acceptable payment mediums with over two hundred merchants, store...
Sullivan Bank Partners With Bakkt to Deliver Crypto Services
American-based financial services company Sullivan Banks has entered the world of cryptocurrencies through a partnership with Bakkt Holdings, Inc, to leverage the exchange’s Crypto Connect, designed t...
Cybercriminals Stole NFTs Worth Over $100M, With 52% Processed Through Tornado Cash
According to a recent study from the blockchain security and analytics firm Elliptic, cybercriminals stole more than $100 million worth of non-fungible tokens (NFTs) between July 2021 and July 2022. ...
Trading cryptocurrencies is no more a dream
It was the dream of everyone back in 2009 that they can trade cryptocurrencies as other people do. The dream of people come true when digital trading platforms came into being. These platforms elimina...
U.S. DOJ Arrests Three Miami Men Over $4 Million Crypto Scam
The United States Department of Justice (DOJ) has arrested three Miami men who were allegedly involved in a scheme to steal millions of dollars in cryptocurrencies from an undisclosed crypto exchange ...
What Are Play-to-Earn Games (P2E)?
The gaming industry is experiencing rapid growth, drawing more and more revenues every year. Between software, hardware, and intellectual property, the industry quickly gained an edge on TV, film, and...
2 cryptocurrencies to buy: Youniverze and SOL
In today’s world, there is hardly anyone who is not aware of cryptocurrencies. However, most people only know the digital currencies that are making headlines and are the favourite of stakeholders suc...
MakerDAO Collaborates With U.S.-Based Bank, Lends Out 100M DAI
MakerDAO, a smart contract protocol built on the Ethereum network, announced on Tuesday that it is lending out 100 million DAI to the United States-based commercial bank, Huntingdon Valley Bank. The ...
What Bear Market? Pudgy Penguins NFT Sells for 400 ETH
Someone recently sold Pudgy Penguin #6873 NFT for more than half a million dollars. The NFT is one of 8,888 digital artworks in the Pudgy Penguin NFT collection created by freelance artist Cole There...
Nike Hits $185M in NFT Revenue, Tops Dolce & Gabbana
Popular sports brand Nike Inc. has generated $185.3 million in revenue from non-fungible token (NFT) collections. The milestone brings the company to a leading position among other traditional brands ...
There’s No Reason to Give Cryptocurrencies A Special Status
On Monday, August 22, SEC chairman Gary Gensler published an op-ed piece in Wall Street Journal sharing his views on how crypto markets should be treated. Drawing a comparison with the car industry, h...
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The European stock markets and the United States equities markets are both deep in the red on Aug. 22 as investors fear that aggressive rate hikes may not be off the table. Another thing keeping inve...
Bitcoin Community Raises 52.6 BTC to Protect “Hodlonaut” from Faketoshi Claims
The Bitcoin community has contributed approximately 52.6 BTC worth around $1.1 million and $30,000 cash to support an anonymous Twitter user with the pseudonym hodlonaut in his ongoing case against se...