BXM Operations’, a subsidiary founded by BitMEX CEO Alexander Höptner and its CFO Stephan Lutz, failed to acquire the Munich private bank, Bankhaus von der Heydt. Both parties agreed to cancel the planned deal, German media reported on Thursday. The acquisition was greenlighted by German regulator BaFIN back in January when BXM Operations signed a...Read More
The central bank of Jamaica doubled down on its plans to design a digital version of its national currency. The institution claimed that the financial product will benefit a considerable percentage of the residents who do not have access to basic monetary services. Jamaica’s CBDC to Help the Locals Jamaica is yet another nation that...Read More
The cryptocurrency-focused financial services company led by Michael Novogratz – Galaxy Digital Holdings – announced it will acquire the digital asset custodian BitGo between now and October 2022. Initially, the move was planned for the first quarter of the year. Delaying the Acquisition In May last year, Galaxy Digital agreed to purchase BitGo for approximately...Read More
Why are collectible card games gaining popularity? Do you remember how many hours you spent playing Heroes of Might and Magic? If you missed the golden age of the 90s’ fantasy games, perhaps you played Gwent or shuffled decks in the Game of Thrones card game. And even if you are not a big fan...Read More
Zilliqa – a scalability-focused DeFi blockchain – is seeing its cryptocurrency skyrocket leading up to the Metapolis launch this month. ZIL is up nearly 5X over the last two weeks, rising from $0.041 to $0.2 as of Friday. Zillqa leverages a layer 2 scaling solution known as “sharding”, which partitions a blockchain network into “shards”...Read More
[PRESS RELEASE – Please Read Disclaimer] Dubai, UAE – 31/03/22 – HeadStarter has kicked off the HeadStarter Launchpad program, designed to accelerate the development of transformative projects running on the Hedera public distributed ledger. Hedera’s “Strategic and tactical marketing plan for 2022” is focusing on galvanizing developers, entrepreneurs & institutions to build dApps on top...Read More
GYM NETWORK is a highly innovative DeFi platform that introduces affiliate marketing to decentralized finance, allowing users to earn commissions by referring others while profiting from the platform themselves. $13M Total Value Locked in 5 Days GYM NETWORK’s initial product, the GYMNET Vault, reached a total value locked (TVL) of$13 million within the first 5...Read More
The second-most populated nation will reportedly implement a regulatory framework on cryptocurrencies only after a global consensus on the matter. According to a person familiar with the matter, the Indian government does not plan a law soon to either restrict or promote dealing with digital assets. Crypto Regulation Needs Global Approach India is among the...Read More
The cryptocurrency market is closing the first day of April on a bearish note as most of the cryptocurrencies are expressing downfall. The crypto space was in a mood to rejoice as over the last few weeks these currencies were on green candles. Bitcoin, the world’s largest cryptocurrency by market capitalization, is facing a rejection...Read More
It’s April 1st – a day celebrated internationally by people who make practical jokes and have fun. In previous years, we’ve always dedicated a piece on something fun and whimsical to brighten the mood of our readers, but today, it’s important to remain careful. The industry has changed a lot in the past year, and...Read More
As the new quarter rolls in at full speed, Charles Hoskinson – the founder of Cardano – and Snoop Dogg, who needs no introduction, will discuss the Cardano ecosystem in a few days. Charles Hoskinson will be meeting Snoop Dogg to talk about the Cardano Ecosystem at Cardano360 on April 5th. This became clear earlier...Read More
We’ve just unlocked our latest welcome offer, giving newly verified users the chance to earn up to 45 BMEX. Our ongoing BMEX offers for existing users have also been extended until 30 April 2022, giving you another month to stock up on BMEX before BitMEX Spot goes live. BMEX will become tradable when BitMEX Spot...Read More
According to the global investment manager Van Eck, the prices of bitcoin and gold could skyrocket to record highs if fiat currencies lose their dominance. Specifically, BTC could start trading between $1,300,000 and $4,800,000, while the yellow metal could tap $31,000 per ounce. Bitcoin’s Price if it Replaces Fiat It is safe to say that...Read More
Michael Saylor, CEO of business intelligence firm MicroStrategy, believes that the financial market is not ready to have a Bitcoin-backed bond. Meanwhile, El Salvador has postponed the launch of its BTC-backed volcano bonds. Now is Not the Time for a Bitcoin-Backed Bond In a recent interview with Bloomberg, the MicroStrategy CEO, while not generally opposed...Read More
Cryptocurrency exchange giant Binance has been announced as the official crypto partner of the Recording Academy, the company which organizes the Grammy Awards. Binance Expands to the Music Industry The Recording Academy released an official list of its partners for the upcoming 2022 Grammy Awards. Binance, which is among the sponsors, said it is the...Read More
[PRESS RELEASE – Singapore, Singapore, 31st March 2022] Leading Metaverse fashion & DeFi platform, ShoeFy has launched its Genesis NFT Minting to provide DeFi level utility for NFTs. Since its inception last year, ShoeFy has shown remarkable innovation in the NFT & Fashion industry by formulating concepts that cater to the NFT holders, Fashionistas, Gamers,...Read More
It is a usual practice nowadays that the cryptospace witnesses a significant pullback after a gigantic spike. And hence the current phase is just another exhaustion and an opportunity for the traders to get into the flight before the take-off. Despite the current descending trend, some of the altcoins have geared up significantly to ignite...Read More
