On October 1, 2024, the popular Solana-based meme coin Bonk (BONK) made a headline as it topped the cryptocurrency market with its impressive performance. In the ongoing struggling cryptocurrency market, BONK has outperformed major cryptocurrencies like Bitcoin (BTC), Solana (SOL), Ethereum (ETH), and many others with a significant price surge of over 9.5% in the...Read More
At the 2024 Tsinghua PBC Chief Economist Forum, former Chinese Vice Minister of Finance Zhu Guangyao urged China to re-evaluate its approach to the crypto industry. He cited the evolving international stance on digital currencies, particularly in the United States, where the asset class has gained political support from key figures like U.S. presidential candidate...Read More
WalletConnect has warned crypto users about a fake app previously available on the Google Play Store. In a September 29 post on X, the organization behind the open-source protocol that enables secure connections between crypto wallets and decentralized applications (dApps) said the offending app has since been removed from Google Play, but not before it...Read More
Bitcoin appears to have defied the historical trend of negative return for September, with almost 9% in gains for the month. At the time of writing, Bitcoin is trading above $64,000. As such, experts are now betting on a more favourable market conditions and a continued bullish trend for the world’s leading crypto asset. Room...Read More
On September 27, bitcoin (BTC) reclaimed a trading price of $66,500 for the first time since late July. This surge was accompanied by bullish sentiments from many investors. Instead of going higher, the leading crypto asset has tanked below $64,000 at press time. Blockchain market intelligence platform Santiment shares insight into a possible reason behind...Read More
South Korean crypto exchange giant Bithumb is reportedly exploring the possibility of listing on the US NASDAQ, as discussed during a shareholder meeting on Monday. The company has indicated that it is open to considering “all possibilities” regarding where to launch its initial public offering (IPO). Bithumb Looks Beyond KOSDAQ Korea Economic Daily revealed the latest...Read More
[PRESS RELEASE – London, United Kingdom, September 30th, 2024] World Mobile, the pioneering global web3 wireless network, has announced the launch of its blockchain infrastructure on Base today. This strategic launch will connect World Mobile’s unique communications-centric Layer 3 blockchain, World Mobile Chain (WMC), with Base’s Ethereum-based Layer 2 blockchain, and use Base as its...Read More
Taiwan’s Financial Supervisory Commission (FSC) has introduced a new policy allowing professional investors to invest in foreign cryptocurrency exchange-traded funds (ETFs) through local brokers. The policy restricts access to these financial products to professional investors, including institutions, high-net-worth entities, and individuals classified as professionals. Suitability Assessments and Training Requirements According to a September 30 press...Read More
Rumors abound on crypto social media suggesting that the embattled exchange FTX will start distributing as much as $11 billion to creditors on Oct. 1. “MartyParty” told his 116,000 X followers to sell their ETH, ADA, and DOT before this week’s distributions while shilling SOL and SUI. Meanwhile, crypto advisor Dan Held told his 720,000...Read More
Crypto markets were retreating heavily during early Monday morning trading in Asia, how low they go may be influenced by this week’s economic events. There are eleven Federal Reserve speaker events this week and a raft of economic data that could set the scene for the final quarter as Q3 comes to a close. Economic...Read More
[PRESS RELEASE – Vilnius, Lithuania, September 27th, 2024] ProBit Global is excited to announce the Initial Exchange Offering (IEO) of MetaVirus (MVT), the innovative gaming token powering the first Web3 game on the NexGami platform. MetaVirus combines immersive gameplay with rewarding incentives and blockchain integration, creating a distinct experience that differentiates it from traditional mobile...Read More
The United States Securities and Exchange Commission (SEC) unveiled charges against two crypto companies, TrueCoin and TrustToken, for their fraudulent stablecoin investment program and unregistered offer and sale of securities. According to a press release by the agency, the SEC filed the complaint at the U.S. District Court for the Northern District of California and...Read More
