Binance, the world’s leading cryptocurrency exchange, recently announced it will be launching its Crypto Card in Brazil. With this card, holders can use their cryptocurrencies to make payments in stores and online. Here are a few key points: • Binance’s Crypto Card is powered by the Mastercard network and it will be accepted at more […]
Ethereum has announced the launch of its Ethereum Shanghai upgrade, which is a ‘shadow fork’ of Ethereum. Ethereum shadow forks are designed to offer a safe and secure environment for blockchain developers. To experiment with new features before they officially deploy them on the Ethereum mainnet. Here are a few key points: Ethereum Shanghai is […]
Today, the Axie Infinity blockchain game saw a massive surge in popularity, with a 40% increase in players and new users. This is the largest jump in the player count since the game launched two years ago. Here are some points to note: The game has seen a steady increase in popularity since its launch, […]
The US Securities and Exchange Commission (SEC), has announced that it has accrued more than $2.6 billion in fines and penalties; from the cryptocurrency industry throughout 2022. These fines are related to various violations of US financial regulations, including unregistered securities offerings, frauds, misappropriations, market manipulation, and other misconduct. First, the key points: The US […]
Polygon (MATIC) recently completed a successful network upgrade which has been designed to enhance the Polygon blockchain. And provide users with a more secure and efficient experience. The Polygon team has worked hard to create an entirely new architecture for Polygon that is based on Plasma, Polymesh; and Optimistic Rollups technology. This upgrade will allow […]
The use of artificial intelligence (AI) to inform cryptocurrency trading decisions is becoming increasingly popular among traders. As it offers them a powerful tool to maximize their returns. AI-based algorithms can analyze market data and identify patterns that might not otherwise be visible. Enabling traders to make wiser investment decisions and benefit from the volatility […]
The BNB token has suffered from a significant decrease in market capitalization as well as investor confidence. This reflects the hurdles that the platform must overcome to become an influential financial instrument. The burn of $600 million worth of tokens is intended to reduce supply and increase demand, thereby driving up the price of BNB. […]
The security teams of Binance and Huobi took a collaborative effort to halt. And reclaim 121 BTC from the cybercriminals responsible for exploiting the Harmony bridge. The collaboration between Binance and Huobi allowed them to successfully track down the source of the malicious activity, leading to the recovery of 121 BTC. Binance security worked together […]
The South Korean cryptocurrency exchange Bithumb has been ordered to pay damages to customers who were affected by a major service outage in 2017. The Seoul Central District Court ruled that the company had failed to maintain its IT systems, leading to a disruption in services for approximately nine hours. Here are a few things […]
Peter Brandt expects Bitcoin to hit $25,000 by the end of March 2021, based on current market trends. Brandt believes that the recent surge in Bitcoin’s price is due to increased institutional adoption and increased demand from retail investors. For the first time since FTX’s collapse, Bitcoin price has surged past $21,440 on major cryptocurrency […]
On Thursday, the U.S. Securities and Exchange Commission declared that Genesis Global Capital LLC and Gemini Trust Company LLC. Were unlawfully selling securities to hundreds of thousands of investors through their crypto lending program – a consequential violation of federal regulations. The SEC alleges that the two companies, owned by the Winklevoss twins, Tyler and […]
Hodlnaut creditors have announced their decision to reject restructuring terms and instead opt for liquidation. Hodlnaut, a global cryptocurrency lending platform, has been unable to restructure its debts. And will now move forward with the process of liquidating its assets. The Hodlnaut team states that they have exhausted all potential options to restructure the business. […]