Worldcoin is in advanced talks to raise fresh capital as it nears launch in the next few weeks, according to the Financial Times. The project aims to use iris-scanning technology to create a secure global cryptocurrency called Worldcoin. Previous investors in Worldcoin include Andreessen Horowitz’s crypto fund, FTX founder Sam Bankman-Fried, and internet entrepreneur Reid...Read More
South Korean prosecutors have reportedly raided the offices of the two leading cryptocurrency exchanges in the country – Upbit and Bithumb – as part of an ongoing investigation against Kim Nam-kuk. The politician faced public scrutiny after several reports indicated he acquired 800,000 Wemix tokens by bypassing necessary regulations. He transferred the coins from Bithumb...Read More
Business intelligence company MicroStrategy is doubling down efforts on bringing Bitcoin layer 2 scaling solution – Lightning Network – capabilities this year. Its executive chairman Michael Saylor shared an update notifying that the company is working on a product aimed at delivering a Bitcoin wallet and Lightning address to every corporate account holder. The main...Read More
Pepe (PEPE) price correlated with Bitcoin (BTC) over the seven-day chart. While the froggy new ERC-20 token powered by the Ethereum blockchain fell in price on the days BTC did, it rallied along with BTC on Friday into the weekend. Bitcoin’s price dive over the last week was a two-month low. Moreover, it was the...Read More
Binance CEO Changpeng Zhao (CZ) recently unfollowed Tesla and SpaceX chief Elon Musk after what seemed like a long and friendly history between the two parties. Though neither executive has left any explicit clues, crypto Twitter has some theories about what may be driving tension between the tech billionaires. Did Twitter Shun Binance? Twitter account...Read More
[PRESS RELEASE – Cape Town, South Africa, May 15th, 2023] NFTfi, a leading NFT lending platform, has launched the next phase of its loyalty program NFTfi Rewards. In Earn Season 1, users can get rewarded with exclusive reward points for borrower-friendly loans and responsible lending behavior. The NFT space is growing rapidly, and healthy credit...Read More
In a significant development that is set to shake up the current crypto market sentiment, South Korean authorities have initiated an intense investigation into the country’s two largest cryptocurrency exchanges, Upbit and Bithumb. This action follows the recent revelation of a high-profile scandal involving a former lawmaker and his questionable cryptocurrency transfers. Upbit And Bithumb...Read More
Bitcoin has marked another significant milestone as the number of addresses holding at least one BTC hit an all-time high above one million. According to data on Glassnode, the feat was recorded on May 13, indicating an increasing interest in the asset class despite the price volatility and bear market. At the time of writing,...Read More
The cryptocurrency market, once a fiery furnace of bull runs and record-breaking surges, has now become an icy landscape echoing with the chilling sounds of a bearish trend. Even Bitcoin, the trailblazer of digital currencies, is struggling to surge from its bearish channel, signaling a broader downturn in the market. Amidst this somber backdrop, Cardano...Read More
[PRESS RELEASE – MANCHESTER, UK, May 15th, 2023] Greenwood-designed trainers are available free as NFTs as part of AG5 x OKX collection on the OKX NFT Marketplace OKX, a world-leading Web3 technology company, together with Manchester City women’s player Alex Greenwood, today launched an exhibition in the OKX Collective metaverse to showcase three original NFT...Read More
The Beacon Chain – which serves as the consensus layer for the Ethereum network – experienced technical issues on two separate occasions last week, causing it to stop finalizing blocks. While blocks were being proposed, they were not validated during a 25-minute window. The two incidents were recorded on May 11th and 12th when more...Read More
Despite its recent price decline, the hype surrounding PEPE seems far from over, as crypto whales are still accumulating. Its daily trading volume has surpassed that of well-known memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) for more than a week. Still in the Spotlight One of the best performers in the cryptocurrency market...Read More
Cryptocurrency mining has been a hot topic for everyone ever since digital currencies ventured into the mainstream. However, to be profitable, it can also be very cost-heavy, and the upfront expenses of setting up a mining rig, or multiple mining rigs, can be quite high and easily go into the tens of thousands. There’s a...Read More
In a surprising request filed recently, the SEC asked that the court of New Hampshire downsize the penalties imposed on LBRY, a decentralized content platform best known for its video-sharing platform Odysee. Legitimate Business Expenses Taken Into Account Back in November of 2022, the New Hampshire District Court ordered LBRY to pay $22 million to...Read More
Fuelled by hype and hysteria, memecoins went from an obscure and bizarre niche to a massive gambling vehicle that made people millionaires overnight. PEPE is the latest sensation that captured the imagination of some of the most insatiable degens in the space. This particular frog-themed coin continued to ascend to dizzying heights as FOMO engulfed...Read More
