Coinbase Ventures has kicked off its initial round of investments from the Base Ecosystem Fund by selecting six projects. The specific investment amounts have not been disclosed. The Base Ecosystem Fund is essentially operated by Coinbase Ventures, the investment branch of the cryptocurrency exchange Coinbase, and is created to back early-stage projects that operate within...Read More
LBRY plans to challenge a New Hampshire federal judge’s ruling that sided with the Securities and Exchange Commission (SEC) that declared the platform’s token sales as unregistered securities. The appeal comes after blockchain firm Ripple scored a partial victory in its fight with the country’s federal regulator. Prominent asset manager Grayscale’s most recent win is...Read More
American financial services giant JP Morgan is exploring a new type of token that will speed up its cross-border payments and settlements. People familiar with the matter told Bloomberg that the multinational financial services firm has developed most of the underlying infrastructure needed to launch a deposit token. However, the firm is waiting for approval...Read More
A hedge fund manager whose firm was ravaged by FTX’s November collapse is now warning of a second-coming “implosion” at Binance. On Tuesday, Ikigai Asset Management founder Travis Kling published a historical timeline outlining a history of “negative events” at Binance since December 2022, attracting attention from some of the exchange’s top brass. How Binance...Read More
Cryptocurrency has revolutionized the financial landscape, offering new opportunities for investment and economic growth. Among the myriad options available, cloud mining stands out as an accessible and hassle-free way for both beginners and seasoned investors to dip their toes into the world of cryptocurrencies. Enter TopHash, a premier hashpower marketplace that brings the world of...Read More
Insight from Coinmarketcap suggests that the SHIB/USDT market in Binance has more depth than all other SHIB markets in other exchanges. According to market depth insights from CoinMarketCap, about $775k in funds could induce a 2% surge in price for SHIB on the Binance exchange. Conversely, a deduction of $1.1 million from the SHIB/USDT market...Read More
Ripple – the company behind one of the leading cryptocurrencies, XRP – has announced that it will acquire Fortress Trust. According to a recent announcement, Ripple has agreed to acquire Fortress Trust. Fortress Trust is a well-known financial institution that’s focused on cryptocurrencies. Mainly, it provides Web3 financial, technology, and regulatory infrastructure to blockchain-oriented companies....Read More
The US Federal Bureau of Investigations (FBI) claimed that the notorious North Korea-sponsored hacking syndicate Lazarus Group is responsible for the recent attack on the cryptocurrency sports betting and casino platform Stake. The hack resulted in the loss of over $41 million worth of crypto assets from the gambling firm. Lazarus Group Behind Stake Hack...Read More
In a few days’ time, DeFiChain will be available to trade on BitMEX via a new listing – DFIUSDT, marking the first perpetual swap for the token listed in the market. What is DeFiChain? The DeFiChain (DFI) token is the token powering the DeFiChain project, a blockchain platform aimed at maximising the full potential of...Read More
[PRESS RELEASE – Vilnius, Lithuania, September 8th, 2023] AppVills Introducing TwinGPT — a groundbreaking AI communication crypto project that seamlessly merges state-of-the-art artificial intelligence with user personalization and a dynamic token-based economy. TwinGPT is anchored to the Nicegram Messenger, a platform built on the Telegram API. Boasting 2.6 million monthly active users (MAU) and over...Read More
In a surprising turn of events, the hype surrounding Shibarium may have faded, but the Shiba Inu coin’s burn rate has skyrocketed by an impressive 270% within the last 24 hours. This remarkable surge in the burn rate translates to a significant reduction in the total supply of Shiba Inu coins, potentially paving the way...Read More
[PRESS RELEASE – Please Read Disclaimer] Zeebu, the innovative blockchain-based settlement platform for the telecom carrier industry, has successfully raised $25 million in a presale funding round, surpassing its hard cap target of $15 million. The round saw participation from several strategic investors, including Bankai Ventures. The market’s enthusiasm for Zeebu’s groundbreaking on-chain invoice settlement...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, September 8th, 2023] The company previously known as First Stage Labs is rebranding as The Open Platform (TOP) today. This strategic move aligns the name and mission of the company with those of its blockchain partner, TON Foundation. The business will be restructured as part of the rebrand....Read More
The ongoing dispute between prominent figures in the cryptocurrency industry has attracted the attention of United States investigators who were already conducting financial inquiries into one of the most renowned empires in the sector. According to a Bloomberg report, the authorities are currently investigating allegations of fraud raised by Cameron Winklevoss, co-founder of the crypto...Read More
Despite a consistent drop in Litecoin’s (LTC) price, the number of addresses holding the world’s fifteenth-largest cryptocurrency for over 12 months has nearly doubled in the past year. According to the crypto analytic platform IntoTheBlock, the number of long-term LTC holders has just hit five million this week, indicating “growing confidence” in the asset. Five...Read More
[PRESS RELEASE – London, United Kingdom, September 8th, 2023] One Trading, the crypto asset exchange formerly operating under the Bitpanda Pro brand, today announced its new product, Instant Trade. Having recently raised €30M and fully separated from Bitpanda, Instant Trade is another step forward for One Trading as it diversifies its offering and establishes its...Read More
[PRESS RELEASE – London, United Kingdom, September 7th, 2023] Bumper, a decentralised finance (DeFi) protocol, today launched its crypto options killer. The equation that underpins the protocol, promises jaw-dropping improvements over traditional Black-Scholes option desks, undercutting the market leader Deribit, by an average of 30% and set to disrupt a $13 trillion market. Bumper’s innovation...Read More
Bitcoin received a minor push just before the previous day’s close and almost reached one of the interim resistance levels but failed to surpass $26,500. Nevertheless, the BTC price continues to trade above $26,200 at the moment. While the bulls manifest some strength, the traders remain pessimistic about the markets. Despite the minor jump, Bitcoin...Read More
