Legendary billionaire hedge fund manager Paul Tudor Jones revealed that he still holds a small portion of bitcoin while stating that the U.S. economy might be going into recession or already is in one. Tudor Jones also said the value of assets such as ETH and BTC could increase amid inflation and excessive fiscal spending....Read More
Yuga Labs – the team behind the popular Bored Ape Yacht Club (BAYC) NFT collection – is now under investigation by the Securities and Exchange Commission (SEC). The commission is examining whether the company violated securities laws by issuing certain NFTs, or through their newly launched crypto token ApeCoin. SEC Versus NFTs A person unfamiliar...Read More
San Francisco-based blockchain firm, Ripple, announced its first On-Demand Liquidity (ODL) customers in France and Sweden. According to the company, the European market is ripe for disruption with RippleNet-powered ODL. The main aim of the partnerships is to facilitate real-time payments across borders utilizing by Ripple’s financial technology – RippleNet – across the two regions....Read More
QANplatform – a quantum-resistant layer 1 blockchain – lost $1 million to a hacker who targeted the network’s blockchain bridge. Since the attack, its native QANX token has suffered a price collapse of over 90%. The Latest Bridge Attack At 05:01 EST on Tuesday, QANplatform tweeted that its smart contract bridge had been hacked and...Read More
The BNB Smart Chain will go through a hard fork tomorrow. The upgrade will take place at around 08:00 AM (UTC) at block height 22,107,423. The changes are aimed at mitigating the cross-chain infrastructure between the Beacon Chain and the Smar Chain in an attempt to re-enable the cross-chain back. What is the BNB Smart...Read More
[PRESS RELEASE – Please Read Disclaimer] Copy trading is a trading strategy that enables investors on various financial markets to automatically open positions and execute trades in accordance with the portfolio of another trader. It can be automatic or manual, depending on how the user prefers to manage copy trading. A successful and profitable trader...Read More
[PRESS RELEASE – London, United Kingdom, 11th October 2022] The mobile wallet will enable millions of crypto investors worldwide to manage their portfolio of digital assetsThe digital app comes with fiat on and off-ramp, an intuitive portfolio tracker, and an industry-leading interface tailored to the needs of retail investors. The launch marks a significant next...Read More
In a press statement on Tuesday, Bank of New York Mellon (BK), the oldest lender in the United States and the largest custodian bank in the world, announced the addition of cryptocurrencies to its custody services, as reported by The Wall Street Journal. BNY Mellon, is the oldest bank in the United States, with a...Read More
The Bank of New York Mellon (BNY Mellon) now allows customers to deposit their cryptocurrency holdings. As such, the banking institution now operates as a custodian for both digital and other types of investment assets. As previously reported, BNY Mellon received the necessary approval from New York’s financial watchdog earlier this year. The WSJ report...Read More
The US multinational tech giant said it chose Coinbase to allow certain customers to pay for cloud services starting next year. This will be enabled by integrating the Coinbase Commerce service, Google said. Citing the announcement made during Google’s Cloud Next conference, the CNBC report noted that the move is expected to see the light...Read More
Last week, TransitFinance was exploited by multiple hackers who made off with nearly $23 million in ETH, Binance-pegged ETH, and BNB. Since then, the project – which collaborated with PeckShield and other blockchain security firms – stated that it had tracked the attackers and knew, with relative certainty, who they truly were. Most funds have...Read More
September is a dreadful month for stocks and cryptocurrencies. However, October historically reverses this bearish sentiment, and this year is no exception. Heading into Q4 bullish sentiment has heightened. With American midterms in November, this winter looks incredibly bullish. Assets always rally after the midterms due to the clarity provided by the election result- regardless...Read More
In its weekly on-chain analysis report on Oct. 10, Glassnode stated that Bitcoin has “remained remarkably stable” in recent weeks when compared to traditional asset markets such as forex, volatile equity, and credit. Against a backdrop of central bank rate hikes, rampaging inflation, and a strong US dollar, Bitcoin has been uncharacteristically low in volatility,...Read More
[PRESS RELEASE – Please Read Disclaimer] The race for web3 is on, and many businesses are entering the space to stay up with the trend. We discovered one platform that used web3 in a novel way. Now, when every user wants to experience the maximum level of community and service, the adaptable ones succeed. DeFi...Read More
Portugal’s policy shift from no crypto taxes to one where levies are charged on cryptocurrencies is set to enter another chapter as policymakers eye short-term crypto asset owners. The government is planning another form of cryptocurrency taxation that will broaden its existing crypto tax policies. Portugal to Tax Short-Term Crypto Gains at 28% According to...Read More
