In a CNBC interview over the week, a major hedge fund manager predicted that “massive inflation” will lead the Fed to hike interest rates six times by 2024. Crypto traders are keeping a close watch on the macro-financial environment as they wrap up another volatile month. Federated Hermes has over $600 billion in assets under...Read More
Digital Currency Group (DCG) is moving to Connecticut, and with this relocation, the company aims to generate over 300 jobs over the next five years. Barry Silbert cited the proximity to major metropolitan areas, infrastructure, talent, business-friendly environment, and facilities as the reasons behind the move. Cryptocurrency behemoth Digital Currency Group (DCG) announced relocating to...Read More
Liquid Craft – a new project bringing tangible value to NFTs through physical asset backing has successfully launched its first liquid art NFT series Dragons & Bourbon to kick off their foray into the crypto and liquor industries alike. Advertisement The series consists of digital art pieces that are backed by assets in the form...Read More
Griid Infrastructure – an American bitcoin mining company known – and the blank check firm – Adit EdTech Acquisition Corp. (ADEX) – announced their merger. As a result, the latter will acquire Griid Holdco LLC – a newly formed holding organization and parent of Griid. Upon finalizing the transaction, the combined entity is expected to...Read More
Coinbase – a popular cryptocurrency exchange – recently acquired the Israel-based cryptographic security company, Unbound Security. The exchange notes that this gives them an all-new presence in the region, which is “a well-established and rapidly growing technology hub.” How Unbound Helps Coinbase Coinbase announced its latest acquisition in a blog post earlier today. The company...Read More
MonoX, a decentralized finance project providing single token pools, has become the latest hack victim, in which early estimations show that the perpetrators managed to take more than $30 million in various cryptocurrencies. The protocol took it to Twitter to confirm the breach, explaining that a “method in the swap contract was exploited and boosted...Read More
Grayscale Investments, the digital asset manager with over $50B in AUM, announced the launch of its 16th investment vehicle – the Grayscale Solana Trust. The company’s press release, dated November 30th, explained that the new Trust will “solely and passively” invest in SOL – the native cryptocurrency of the popular blockchain project, Solana. The product...Read More
[PRESS RELEASE – Please Read Disclaimer] Ambrosus Ecosystem saw almost 55 million AMB staked by the 24-hour mark, with any participant able to join the ecosystem through a simple click and connect mechanism. Arcadia Staking presents an alternative way to earn rewards from AMB holdings. SWITZERLAND, November 23, 2021 — Ambrosus Ecosystem, a fast-growing blockchain...Read More
The digital asset exchange – CryptoCom – has partnered with Silvergate to enable USD deposits and withdrawals to the bank’s institutional customers. The Collaboration with Silvergate According to a press release seen by CryptoPotato, the feature is an additional on/off-ramp solution on the CryptoCom Exchange. Via Silvergate – a leading US bank – institutional clients...Read More
The legend in rap music – Snoop Dogg – collaborated with Coldie (an artist focused on blockchain and crypto art) to release another non-fungible token. It comes by the name of “Decentral Eyes Portrait Series” and was minted on the NFT marketplace – SuperRare. ‘It’s Decentralized, Decentral Eyes’ Calvin Cordozar Broadus Jr. (known professionally as...Read More
RedFOX Labs’ price is up over 10% today as the market is showing bullish momentum. Recently, we’ve received details on the upcoming Reebok NFT drop, which will use RFOX tech. With a market cap of $396 million and a 24-hour trading volume of $21.9 million, RFOX has got the market’s attention. What Is RedFOX? What...Read More
Pulse Bomber – a new token with a crypto mining platform generating daily ROI – is aiming to become the first project to migrate to the PulseChain network once it becomes available. Advertisement Making its inception into the crypto space on the Binance Smart Chain, the project, with its passive income potential offering to investors,...Read More
Despite its regulatory issues in Singapore, Huobi Global has chosen the country as its regional headquarters. The exchange will have another one set up in Europe. Bloomberg reported Huobi’s intentions earlier on November 30th, citing the exchange’s co-founder Du Jun. Singapore will become the company’s new headquarters since it’s unable to continue operating from China...Read More
After a dreadful month full of bearish momentum and FUD, Shiba Inu just pumped over 26%, currently trading at $0.000049. Is the market finally ready for a new all-time high? Why is Shiba Inu’s price rising? Let’s find out. After peaking at $0.000087 on October 27th, SHIB’s price has been on a downwards trajectory. Some...Read More
Shiden Network price is up 30%, making it the biggest gainer on Crypto.com today. SDN is a relatively undervalued project with a market cap of $142 million and a trading volume of $11 million. What is all the hype about, and why did Shine Network price rise so much today? Let’s find out. What Is...Read More