Elon Musk might be the new owner of the social media giant, Twitter Inc, but he sure isn’t getting off on the right footing. The company has recently been sued through a class action lawsuit that seek...
Tag: news
‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’ – Bitcoin News
The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactio...
Circle Has Started Building New Reserve Funds With BlackRock
Circle, the Web3.0 unicorn that is in charge of the issuance and maintenance of the USD Coin (USDC) stablecoin, has revealed it has started building a new and robust reserve fund dubbed the Circle Res...
ImmuneFi Launches Whitehat Leaderboard to Incentivize Web3 Hackers
ImmuneFi, one of the most notable Web3 bug bounty protocols has announced the launch of a new Leaderboard feature for ethical hackers in Web3. As announced by the outfit, the Leaderboard will pull 20...
Lbank’s Successful Web Summit Lisbon Exhibition, Free to Ride Campaign, and More – Press release Bitcoin News
press release PRESS RELEASE. INTERNET CITY, DUBAI, LISBON, Nov. 4th, 2022 – Global crypto exchange, LBank, joined Web Summit Lisbon in Portugal as a proud sponsor and exhibitor. Lisbon has been on LBa...
Boson Protocol Launches Redeemable NFTs For Real World Assets
Boson Protocol, a Web3.0-based commercial marketplace has announced the revamping of its outfit for physical goods which it called Redeemable NFTs. Through this offshoot, users of the Boson Protocol c...
Bitcoin Core’s Version 24.0 Full-RBF Proposal Sparks Controversy, Synonym CEO Calls ‘Pet Agenda’ an ‘Attack’ – Technology Bitcoin News
During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discuss...
The News That Led to the 30% Price Breakout
The Polygon MATIC token price is surging due to a sequence of high profile partnerships with Meta, JPMorgan and Reddit involving NFT development. Currently trading around $1.10, MATIC has risen some 3...
MATIC Moves to 6-Month High, ATOM up 10% – Market Updates Bitcoin News
Polygon rose for a second consecutive session on Friday, climbing by as much as 20%. This surge pushed prices of the token to their highest level since May. Cosmos was another big gainer on Friday, wi...
4 Years After the 2017 Law Enforcement Takedown, Alphabay Is Once Again the King of Darknet Markets – Bitcoin News
Following the demise of the largest darknet marketplace (DNM) in mid-July 2017, the underground market Alphabay returned in August 2021, and during the last year, Alphabay has managed to once again re...
BTC Rebounds on Friday, as NFP Report Looms – Market Updates Bitcoin News
Cryptocurrency prices rebounded on Friday, as markets prepared for the latest U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs will have been added to the United States workforce, ...
Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator – Exchanges Bitcoin News
The government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulato...
Web3 Wallets Will Help Onboard Blockchain’s Next Billion Users
I don’t know about you, but downloading a Web3 wallet and funding it for the first time was a nerve-wracking experience. Sending money without trusting some central authority with a familiar logo left...
Mapping out SevenX Ventures Investment Portfolio – Sponsored Bitcoin News
sponsored SevenX Ventures, a crypto investment fund focused on early-stage blockchain projects in Asia, has built over 80 public investment portfolios. The three co-founders, industry veterans, have b...
Demand for Blockchain and AI Expected to Push Market Value to $980.7M by 2030: Report
Since blockchain and artificial intelligence (AI) are among the greatest technological innovations, their demand is expected to make the market value soar to $980.7 million by 2030, according to Spher...
Brazilian Securities Regulator CVM Might Create a Supervision Unit to Deal With Crypto Markets – Regulation Bitcoin News
On Nov. 1, The Brazilian Securities Regulator, CVM, announced that it might create a new superintendence to deal with crypto-related market regulation. João Pedro Nascimento, president of the organiza...
Web3 Gaming Needs More Publishers to Gain Players’ Trust
Publishers are key to ensuring quality and advancing Web3 gaming along the adoption curve. It’s no secret that Web3 gaming marks the next paradigm shift for the gaming community. Web3’s concept...
Mark Cuban-Backed Multichain Wallet Launches $3 Million Aptos Ecosystem Fund to Onboard New Users – Featured Bitcoin News
Blocto, a multichain wallet has announced the launch of a $3 million Aptos Ecosystem Fund whose objective is to help onboard new users to Aptos. Besides financially supporting projects, the Aptos fund...
To gain players’ trust, Web3 gaming needs more publishers
Publishers are key to ensuring quality and advancing Web3 gaming along the adoption curve. It’s no secret that Web3 gaming marks the next paradigm shift for the gaming community. Web3’s concept...
Canada’s Federal Government Begins Consultations on Digital Currency
The federal government of Canada announced in a budget update released Thursday that it has started discussions on “cryptocurrencies, stablecoins and central bank digital currencies (CBDCs).R...
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint – Bitcoin News
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey cry...
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements – Regulation Bitcoin News
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain rep...
Fantom Price Surges 20% amid Andre Cronje’s Unexpected Comeback
Fantom (FTM) price has seen a bullish trend, which is worth analyzing. At the time of writing, Fantom’s price was trading at $0.261536 with a 24-hour trading volume of $407,044,934, as per CoinM...
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain – Regulation Bitcoin News
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials und...
Litecoin Price Takes Giant Leap After Adoption News: Details
After several weeks, turning into months, of lackluster range trading below the $60 mark, Litecoin made a surprising jump above this psychological level on Nov. 2, reaching intraday highs of $62.53. 🚀...
US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’ – Regulation Bitcoin News
Four congressmen have accused the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler of “regulatory hypocrisy and inconsistency.” They added: “While the SEC is failing to comply...
Santander Imposes Limit on Crypto Transactions for UK Customers
The British branch of the Spanish multinational commercial bank and financial services company, Santander, has now imposed a £1,000 ($1,120) limit on crypto transactions for customers in the UK. Emph...
Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept – Regulation Bitcoin News
The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so tha...
Goldman Sachs to Launch Data Service to Classify Digital Assets
Investment bank and Financial service firm Goldman Sachs has revealed it is set to release a data service to classify hundreds of digital coins and tokens so institutional investors can comprehend the...
Former Fed Chair Alan Greenspan Says Decreasing Supply of Greenbacks Makes the US Dollar a ‘Better Store of Value’ – Economics Bitcoin News
On Nov. 2, 2022, the American economist and 13th chairman of the U.S. Federal Reserve, Alan Greenspan, published an opinion editorial that says he envisions a monetary “tailwind” for the U.S. dollar n...