Shinhan Bank tests stablecoin remittances on the Hedera

Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances. The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the ...

Philippines eGov super app to transform government services, DICT’s Edwin Ligot tells CoinGeek Backstage

width=”562″ height=”315″ frameborder=”0″ allowfullscreen=”allowfullscreen”> The Philippines has led the world in the adoption of digital assets, the ...

CBDCs Under Threat: This Presidential Candidate Vows To ‘Nix’ Digital Currency Plans

Florida Governor and U.S. Presidential candidate Ron DeSantis has taken a firm stand against the implementation of Central Bank Digital Currencies (CBDCs) in the United States. If elected as President...

DOGE and SHIB Price Analysis for July 18

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all tradi...

Robinhood Eyes UK Market with New Hirings Already Underway

Robinhood Markets has listed three jobs for the UK market including a Compliance Officer, Operations Lead, and Senior Risk and Compliance Associate. Robinhood Markets Inc (NASDAQ: HOOD) is preparing t...

Shinhan Bank Explores Stablecoin Payments on Hedera Network

Shinhan Bank, SCB TechX, and a financial institution in Taiwan, have completed a successful pilot for stablecoin remittance. The pilot project aimed to tackle issues with cross-border payments. Byungh...

ApeCoin witnesses sell-offs, but are sharks to the rescue?

ApeCoin saw its fully diluted valuation decrease by around 24%. ApeCoin’s value has increased by over 4% to trade at around $2.  ApeCoin’s [APE] recent performance has been far from stellar, as its pr...

Aptos falling as Tradecurve remains firm, attracting DeFi fans

The recent altcoin revival captured investors’ attention, but not all tokens benefited. Aptos, for example, is down on the daily chart. On the other hand, Tradecurve’s prices are trending higher, draw...

Network Activity Surges, Revenue Jumps 170%

Avalanche, the smart contract platform for decentralized applications, witnessed remarkable growth in  Q2 2023, driven by increased activity on the C-Chain- one of the three chains that make up the Av...

Binance All Set To Burn 1.99M BNB Tokens in 24th Quarterly Burn

Up to this point, the cryptocurrency exchange has burned 48 million BNB coins. The BNB burn portal suggests that the next burn will remove around 2,097,345.77 BNB. According to the BNB burn portal, Bi...

Community Debates Sui’s Soaring On-Chain Activity

Sui Network’s on-chain activity has sparked a controversy, dividing the community into two different opinions, after network activity spiked. On-chain metrics such as daily transactions or daily activ...

DeFi Platform Struct Finance Sees 129% Gains in 7-Day TVL, Ranks First on Avalanche

Decentralized finance (DeFi) protocol Struct Finance recorded over 129% gains in its total value locked (TVL) over the past week, according to data from DeFi TVL aggregator DeFiLlama. Struct Finance’s...

South Korea financial regulator wants digital asset firms to disclose holdings

South Korea’s Financial Services Commission (FSC) has submitted a bill to the National Assembly pushing for firms holding digital assets to publicly disclose the extent of their holdings. According to...

Judge Questions SEC’s Ability to Protect Investors

Judge Katherine Polk Faila of the U.S. District Court for the Southern District of New York recently held a pre-motion conference regarding the Securities and Exchange Commission’s (SEC) lawsuit again...

Telegram Founder Reveals New Investments In Toncoin, TON Increases Over 5%

Key Points: Telegram sees over 2.5 million new daily users and surpasses 800 million monthly active users. Telegram issues $270 million worth of bonds for continued growth, with CEO Pavel Durov person...

TSMC Expected to See 27% Decline in Q2 Net Profit amid Global Economic Woes

Despite the hurdles, TSMC remains positive about the future as the demand for AI applications rises steadily. Leading global contract chipmaker Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is anti...

XRP Security Verdict Unlikely To Affect Celsius Bankruptcy Proceedings: Legal Insights Revealed

In a recent development, a landmark judgment regarding the status of Ripple’s XRP token as a security is not expected to influence the ongoing bankruptcy proceedings of the beleaguered crypto lender, ...

Binance Terminates its Collaboration With Argentina’s National Soccer Team

The world’s largest cryptocurrency exchange – Binance – ended its partnership with the Argentine Football Association (AFA), claiming the latter has not “fully met its contractual obligations.” The ag...

Hedera (HBAR) tapped by Shinhan Bank for stablecoin remittance solution  

Hedera Network (HBAR) has been adopted by Shinhan Bank and Siam Commercial Bank for a distributed ledger technology-powered stablecoin remittance solution. Hedera, Shinhan Bank, and SCB join forces  S...

Gnosis Visa debit card debuts in Europe, letting users buy with euro stablecoin

The Gnosis Card, a Visa-enabled debit card connected to an on-chain, self-custodial wallet, officially launched Monday on a stage at the Ethereum Community Conference, or EthCC.  The card and its paym...

Celsius To Sell Self-Custody Platform For 78% Loss, But It Gets Worse

Celsius Network has gone public with another development that adds to the troubles of the bankrupt crypto lender. This time around, the bankrupt crypto firm is selling one of its core platforms, but a...

Over 114K Binance Users Lock Up 10.18M BNB To Participate in ARKM Public Sale

ARKM’s public sale garnered significant interest, with more than 114,000 Binance users committing over 10.18M BNB coins.  Binance, the world’s largest cryptocurrency exchange by 24-hour trading volume...

Is the Bottom In Sight?

The ongoing bear market in Bitcoin is the longest in the network’s history, Glassnode data shows. According to trackers, the winter started on November 10, 2021, after prices peaked at over $69,000. A...

Tokenized ‘space asset’ marketplace Copernic Space adds Mati Greenspan to advisory board

Mati Greenspan, founder of Quantum Economics and a leading cryptocurrency expert, has joined the advisory board of Copernic Space, a web3-based space marketplace transforming the access and interactio...

Litecoin (LTC) Price History Reveals Ugly Truth About Halving

Gamza Khanzadaev Benjamin Cowen from Into the Cryptoverse uncovers hard truth about Litecoin’s price history and halving Litecoin’s price has been on a downward spiral for the fifth consec...

Celsius Reaches $25 Million Settlement with Series B Holders for GK8 Sale Proceeds Allocation

The bankrupt cryptocurrency lender Celsius, its creditors, and its Series B holders have reached a settlement with regard to the distribution of $25 million in proceeds from the sale of crypto custodi...

Ripple invests in $54M series A round for Futureverse

Ripple invested in the $54 million series A round for Futureverse.  10T Holdings led the funding round, which Futureverse says will go into scaling AI and metaverse technologies. Ripple has integrated...

Dogecoin will likely see another rally from $0.067 as…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The strong rally from the $0.067 zone meant that ...

Is the US Dollar Losing Its Grip as the Global Reserve Currency?

In a recent conference held in London, Paul Gruenwald, the chief economist at Standard and Poors Global (S&P), made a bold claim that the US dollar’s status as the global reserve currency is gradu...

Dune Unleashes New Features For Enhanced Collaboration And Data Accessibility

Key Points: Dune introduces new features aimed at enhancing collaboration and data accessibility. The features include Folders for organizing team content, Data Uploads to integrate off-chain data, Da...

What It Means For Its Price Action

In recent trading sessions, Chainlink (LINK) has exhibited a bullish trend. It experienced a significant rebound from its $5 support level and has since continued on an upward trajectory. Over the pas...

LINK Reaching $6-9 Is an Opportunity of a Lifetime: Analyst

Analyst Michaël van de Poppe stated that LINK reaching $6-9 is a rare opportunity. Chainlink announced that the Chainlink CCIP had officially launched on Avalanche, Ethereum, Optimism, and Polygon mai...