The United Kingdom High Court shut down the cryptocurrency firm PGI Global for allegedly running a fraudulent scheme. The company promised investors returns of up to 200% if they purchased digital assets through its platform, but consumers never received such profits. The Latest Crypto Scam in the UK? According to an official press release, the...Read More
Dogecoin’s rally continued on Friday as the premiere meme coin rose another 8% to $0.085. This put the cryptocurrency back into the top ten digital assets by market cap. According to CoinGecko, Dogecoin is now the 9th largest cryptocurrency, worth over $11.6 billion in total. The 10th largest is Solana, now worth $32 per unit...Read More
Jim Messina – a key adviser to former US President Barack Obama – thinks blockchain technology and cryptocurrencies are among “the most exciting developments of our lifetime.” The American is highly bullish on bitcoin, saying he is ready to bet his Porsche that it will once again reach $60,000. Messina is Sure BTC’s Price Will...Read More
El Salvador has signed a memorandum of understanding with the city of Lugano, Switzerland aimed at spreading Bitcoin adoption across the continent. The central American nation has also opened a “Bitcoin office” within Lugano, according to the country’s U.S. ambassador Milena Mayorga. During Tether’s inaugural Plan B forum in Lugano on Friday, Mayorga said the...Read More
At the start of this month, Terra Classic community passed a proposal 5234 which aimed to reduce 1.2% tax burn to 0.2% tax burn. Today, the community passed yet another proposal 6082 which is now active on the Blockchain. This proposal was passed to sort out scammers on the network. The proposal claims that Terra...Read More
Cryptocurrency markets have seen significant bullish momentum this week, with Bitcoin and Ethereum rising by 7% and 19% in the past week. While cryptocurrency prices remain relatively flat this Friday compared to yesterday, the market sentiment remains bullish. Let’s look at relevant crypto and global news affecting markets today. Key Points: Elon Musk finalizes his...Read More
Having officially bought Twitter, Elon Musk will immediately appoint himself as Chief Executive Officer of the now-private social media giant. Besides clearing out its top executives, the new leader reportedly plans to do away with permanently banned accounts across the platform. No More Permabans As reported by Bloomberg on Friday, Musk plans to replace Parag...Read More
The THORChain network went offline Thursday due to a software bug, the blockchain operators confirmed on Twitter. The team noted that they are working to resolve the issue as soon as possible, adding that the outage has nothing to do with solvency. Devs are aware of a chain halt and have identified the likely cause...Read More
The overall crypto market has plunged yet again, dragging all the large-cap cryptocurrencies like Bitcoin, Ethereum, Cardano, and Solana, among others, with it. The world’s first cryptocurrency, Bitcoin, has lost its key level of $20,500, but the bulls haven’t lost steam completely yet. Currently, Bitcoin is selling at $20,146 after a drop of 2.99% over...Read More
On Oct. 27, the portfolio and asset manager published its “2022 Institutional Investor Digital Assets Study,” an annual report shedding light on the crypto industry from an institutional perspective. The research revealed that the market is now well-positioned to weather the macroeconomic headwinds it has faced in recent months. Fidelity Digital Assets President, Tom Jessop,...Read More
[PRESS RELEASE – Chennai, India, 27th October 2022] Twitter is expanding its trial of Tweet Tiles, previously tested with the New York Times, Wall Street Journal, and The Guardian, to the world of NFTs. A selection of NFT marketplaces has been selected for the experiment, which enables Tweets to feature an interactive, customizable widget. Rarible,...Read More
[PRESS RELEASE – Belize City, Belize, 27th October 2022] GEM Digital Limited commits 25 Million Dollars to MintMe.com Coin. MINTME rose by over 50,000% in the last two years, and such news will only speed up its march to the top. MintMe, with over 70 000 users growing against the bear market, was built to...Read More
Elon Musk has officially become the owner of the social media giant Twitter. Freeing the bird, as he put it shortly after, the Tesla boss also detailed his intentions yesterday. “The bird is freed,” tweeted Musk in a clear reference to Twitter’s logo after he assumed ownership of the company. According to a Reuters report,...Read More
Changpeng Zhao – CEO of Binance – revealed that the National Bank of the Republic of Kazakhstan will integrate its central bank digital currency (CBDC) into BNB Chain. The firm has strengthened its presence in the Central Asian country lately. The local regulator AIFC Financial Services Authority (AFSA) allowed it to operate a digital asset...Read More
