Richard Lee

Richard Lee

Richard Lee is a regular contributor, who curates in-depth news stories and analysis about the cryptocurrency and blockchain space. He primarily covers latest happenings of US cryptocurrency market. He contributes to a number of well-known industry magazines and news sites before getting into NameCoinNews. He has strong skills in technical analysis of cryptocurrencies.

ASX debuts Australia's first spot Bitcoin ETF

ASX debuts Australia’s first spot Bitcoin ETF

The ASX (Australian Securities Exchange) achieved a significant milestone in the area of cryptocurrencies as it launched the VanEck Bitcoin ETF, which is currently the first spot bitcoin exchange-traded fund in the market. This development, represented by its symbol VBTC, offers the opportunity to engage in Bitcoin through mainstream finance. VanEck has reported that as […]

SEC decides to put an end to its inquiry into Ethereum 2.0

SEC decides to put an end to its inquiry into Ethereum 2.0

The US Securities and Exchange Commission has concluded its investigation into Ethereum 2.0, resulting in a collective breath of relief from the entire related industry, as reported by Consensys. As per Consensys, this means that the SEC no longer considers the sale of ETH as a securities transaction. This occurred incidentally in response to the […]

Crypto exchanges in South Korea to review 600 online assets

Crypto Exchanges in South Korea to Review 600 Online Assets

The government of South Korea is leaning hard on altcoins and has issued strict instructions to crypto exchanges to do a thorough review of 600 online assets. Failure to initiate and complete the task will lead to deregistration. Following that, it will be necessary for them to carry out maintenance appraisals every quarter. This will […]

FSB probes stablecoin risks in emerging markets

FSB probes stablecoin risks in emerging markets

Speaking of a meeting that took place in Toronto last week, participants of the global financial stability group discussed those sectors of the crypto market that require more attention. The FSB will have to conduct additional efforts on the threats stablecoins present in emerging and developing nations. They will also analyze the implications that stem […]

BTC profits correlated to American Bitcoin spot ETF trends

BTC profits correlated to American Bitcoin spot ETF trends

Bitcoin gains on 02 June 2024 were 0.11%, and the session ended at $67792. The positive market trends are influenced by Bitcoin spot ETF market developments, an altered focus on a fiscal policy easing cycle, and the latest happenings in American politics. The PMI number manufacturing from China and US Bitcoin spot exchange-traded fund flow […]

Here's what these 3 crypto market drivers have in common - Smart money hold all three

Here’s what these 3 crypto market drivers have in common – Smart money hold all three

In the ever-evolving world of cryptocurrencies, certain tokens stand out not just for their innovation but also for their ability to attract savvy investors known as “smart money.” Among the current market leaders are Bitcoin (BTC), Ethereum (ETH), and the rising star, Option2Trade. These cryptocurrencies share several key characteristics that make them attractive to informed […]

sec chair gensler sounds alarm on fit21 act warns of crypto regulatory gaps

SEC Chair Gensler sounds alarm on FIT21 Act, warns of crypto regulatory gaps

The recent statement from Gary Gensler, the head of the US Securities and Exchange Commission (SEC), was in the news in the financial and crypto industries. He spoke extensively against the precursor, the FIT21 Act, which seeks to introduce innovation to the already dynamic legal frameworks governing the emerging cryptocurrency industry. This has been an […]

Banks embrace cryptocurrency, Transforming financial markets

Banks embrace cryptocurrency, Transforming financial markets

Banks are undergoing radical changes in their conventional offerings by including cryptocurrency-connected transactions, paving the way for balanced markets. This signifies the overall way digital assets are being viewed by the masses with regard to finance and financial institutions. There has been a tremendous influence on market functioning due to the increased acceptance of digital […]

Crypto.com Announces Membership of Adan

Crypto.com Joins Adan to Boost Blockchain in Europe

Crypto.com, which is a prime company in the field of regulatory compliance and safety, has become a prime member of Adan. The intention is to advance the Blockchain arena and vigorously promote the cryptocurrency space in France and Europe. For them, this is achievable by reaching out to experts in these verticals to help them […]

Argentina seals innovative Bitcoin mining deal with YPF

Argentina seals innovative Bitcoin mining deal with YPF

The Argentinian state-owned energy giant Fiscal Petroleum Yacimientos (YPF) and its affiliate YPF Luz have launched a new business in the Bitcoin mining industry by placing the associated gas from oil extraction to power Bitcoin mining operations with a new arrangement. This initiative, in partnership with the Norwegian oil and gas supplier Equinor and GDA, […]

MicroStrategy Announces First Quarter 2024 Financial Results; Now Holds 214,400 BTC

MicroStrategy reports Q1 2024 financial results with ownership of 214,400 BTC

MicroStrategy releases financial data for the three months ended March 31, 2024. The estimated total revenue from subscription services of MicroStrategy is $115.2 million and $23 million, respectively. MicroStrategy is committed to technical transformation, advocacy, and the development of the Bitcoin network, in addition to its operations in financial marketplaces. An exemplary track record and […]

Consensys challenges SEC's 'Unlawful' Ethereum oversight

Consensys Challenges SEC’s ‘Unlawful’ Ethereum Oversight

Consensys, an American enterprise specializing in blockchain technology, has commenced a lawsuit against the Securities and Exchange Commission of the United States (SEC) to challenge its regulatory authority over the Ethereum blockchain. Consensys taking this step shows its strong commitment to resisting the SEC’s interference in determining crypto regulation. The lawsuit filed on Thursday is […]

Experts feel Cardano will bounce back soon enough

Experts feel Cardano will bounce back soon enough

Cardano experienced a considerable price dip, but experts believe it will jump right back, with the markets witnessing an overall upward trend. The ADA pricing, too, is seeing a rise. However, an analyst under the moniker CobraVanguard is sanguine regarding Cardano’s rise.  The crypto market fiasco started with Bitcoin, and the price of Cardano and […]

Fueling your Solana journey Free SOL to get you started

Fueling your Solana journey: free SOL to get you started

Solana takes its position among the advanced high-throughput layer-1 blockchains launched in 2017 that seek to transform the quality of scalability and efficiency in the blockchain world. It introduces novel technologies, such as Proof of History (PoH), allowing the system to process thousands of transactions per second, significantly lowering operating expenses. This participation speeds up […]

Top investors in Bonk make strategic move by adding Shiba Budz to holdings

Top investors in Bonk make strategic move by adding BONK-like cryptocurrency to holdings

Recently, top investors in Bonk (BONK) have made a calculated move by incorporating a BONK-like cryptocurrency, Shiba Budz (BUDZ), into their portfolios. This strategic decision reflects a deep understanding of current market trends and the continuous pursuit of high returns. This article delves into why adding Shiba Budz has become an appealing strategy for Bonk […]

BONK faces new challenger, attracting BONK investors to new crypto

BONK or break: Bonk (BONK) faces new challenger, attracting BONK investors to new cryptocurrency

Bonk (BONK), once the darling of the meme coin community, finds itself at a crossroads, facing stiff competition from a new entrant that’s captivating the hearts and wallets of its investors: Shiba Budz (BUDZ). This narrative explores the shifting market dynamics, delving into why Bonk investors are gravitating towards Shiba Budz, assessing the market sentiment, […]

Pepecoin's (PEPE) millionaire maker token has been dethroned by Defi token O2T, currently completed 97% of stage 6 presale

Pepecoin’s (PEPE) millionaire maker token has been dethroned by Defi token O2T, currently completed 97% of stage 6 presale

The once-dominant Pepecoin (PEPE) token, renowned for creating millionaires overnight, has been overtaken by a burgeoning DeFi powerhouse, Option2Trade (O2T). Capturing the market’s attention and investor confidence, Option2Trade has remarkably completed 97% of its Stage 6 presale, signaling a seismic shift in investor sentiments and positioning itself as the new leader in cryptocurrency wealth generation. […]

KRIPPY, Kraken's AI assistant, to help users make smart decisions

KRIPPY, Kraken’s AI Assistant, to Help Users Make Smart Decisions

As the crypto market continues to slope upward, new industry advancements are taking place by the minute. KRIPPY, an AI assistant released by Kraken, is providing real-time trading tips personalized to each user’s behavior and preferences. KRIPPY offers personalized advice for both veteran traders and newbies that helps navigate the crypto trading market.  The AI […]

Pepe Coin whales join 15,000 O2T holders to complete remaining stage 6 presale

Pepe (PEPE) Coin whales join 15,000 O2T holders to complete remaining 7% stage 6 presale, priced at $0.02

In an unprecedented wave of momentum within the cryptocurrency market, Pepe (PEPE) Coin whales have decisively stepped into the arena, joining the ranks of 15,000 enthusiastic Option2Trade (O2T) holders. This strategic move aims to spearhead the completion of the remaining 7% of O2T’s Stage 6 presale, currently priced at an attractive $0.02.  This collaboration between […]

New AI crypto presale raises $3.2 million in weeks, Bonk (BONK) investors buy at $0.02

New AI crypto presale raises $3.2 million in weeks, Bonk (BONK) investors buy at $0.02

The cryptocurrency sphere is abuzz with the news of Option2Trade’s remarkable presale achievement, successfully raising $3.2 million in a matter of weeks. Particularly noteworthy is the influx of BONK investors who seized the opportunity to buy into Option2Trade (O2T) at an enticing price of $0.02. This strategic move by Bonk (BONK) investors towards Option2Trade underscores […]

Crypto’s revolution will be realized through these onboarding solutions

Crypto’s revolution will be realized through these onboarding solutions

The growth and proliferation of Bitcoin’s value paved the way for the cryptocurrency revolution that the financial realm has encountered. What emerged as a humble beginning has now evolved to reign over the world economy. The financial sphere owes all credit to cryptocurrencies for this mind-blowing crypto revolution. The cryptocurrency’s unique attributes, such as decentralization, […]

1000x movement token completes 90% stage 5 presale, can Polygon (MATIC) keep up with markets favourite cryptocurrency

1000x movement token completes 90% stage 5 presale, can Polygon (MATIC) keep up with markets favourite cryptocurrency

In a remarkable display of investor confidence and market momentum, Option2Trade (O2T), the cryptocurrency market’s latest phenomenon, has successfully completed 90% of its Stage 5 presale. This milestone is part of a broader narrative that positions O2T as a 1000x movement token, capturing the imagination and capital of investors worldwide. Amidst this surge, a pertinent […]

Top 5 cryptocurrencies: Ranking 2024

Top 5 cryptocurrencies: Ranking 2024

Knowing the ranking of crypto is very important for crypto enthusiasts, especially traders who are into daily or seasonal crypto trading. These rankings can also help new traders know which coin is always at the top. By investing in coins that are maintaining their position among the top 10 or top 5, the trader can […]

Dollar surge shows Bitcoin's beyond speculation

Dollar surge shows Bitcoin’s beyond speculation

The recognition of Bitcoin’s central role in future monetary architecture is growing among experts. It can be gradually accepted as an idea of the US with an exponentially increasing budget deficit and interest payments that most possibly force the Federal Reserve to expand the US dollar supply to deal with the debt. Noelle Acheson’s thought-provoking […]

Transformative impact How cryptocurrency is reshaping the gaming industry

Transformative impact: How cryptocurrency is reshaping the gaming industry

Cryptocurrencies have become increasingly popular in the gaming industry due to their secure and decentralized nature, making them the most preferred payment option. With over one-third of the world’s population currently composed of gamblers and bettors, the demand for an efficient and secure payment system has never been higher.  The online betting industry has become […]

MicroStrategy adds 12,000 to its BTC holdings

MicroStrategy adds 12,000 to its BTC holdings

Michael Saylor, the founder of MicroStrategy, announced that the company recently acquired an additional 12,000 Bitcoin tokens. They are worth $821.7 million collectively, with every token accounting for a value of ~$68,447. This brings the total BTC holding of MicroStrategy to 205,000, effective March 10, 2024, according to the Form 8-K made public by the […]

inEVM by Injective goes live on Mainnet

inEVM by Injective Goes Live on Mainnet

Injective has launched inEVM on the mainnet. inEVM is an acronym for Injective EVM and aims to hyperscale multi VM development. Developers accessing inEVM can leverage two core features of injective: near-zero fees and fast speed. This enables them to better achieve composability across the EVM and WASM world. Celestia and Pyth are confirmed to […]

Top analyst comments Solana and Cardano holders see Option2Trade as the next hot ticket

Top analyst comments Solana and Cardano holders see Option2Trade as the next hot ticket

Option2Trade (O2T) is a promising new platform in the evolving cryptocurrency landscape, attracting investors from established tokens like Solana (SOL) and Cardano (ADA). With endorsements from top analysts, Option2Trade (O2T) is seen as the next hot ticket for investors seeking substantial growth opportunities in the crypto sphere, showcasing innovation and promising returns in the crypto […]

Massive Bitcoin haul by unidentified buyer over two years

Massive Bitcoin haul by unidentified buyer over two years

An unidentified Bitcoin buyer accumulated one of the largest Bitcoin collections over the course of two years. According to data disclosed by Bitinfocharts, the acquisition process commenced in November 2022, and the estimated collection value exceeds 54,164 BTC, or approximately $3.2 billion. Since he first began, the unidentified purchaser has been referred to as Mr. […]

Why meme investors make more profits, reviewing SHIB, BONK & BUDZ

Why meme investors make more profits, reviewing SHIB, BONK & BUDZ

The success of Shiba Inu (SHIB), Bonk (BONK), and Shiba Budz (BUDZ) in generating profits for their investors highlights the unique blend of community support, viral marketing, and innovation that defines the meme coin sector. As these tokens continue to evolve and expand their use cases, the potential for future profits remains high. The meme […]

MicroStrategy’s X Hack $440K Stolen via Phishing

MicroStrategy’s X Hack: $440K Stolen via Phishing

The X account of MicroStrategy, a market leader in business intelligence and cryptocurrencies, was the target of a cybersecurity attack that stunned the digital ecosystem. The occurrence of the lapse at the onset of Monday morning, Asia time, serves to underscore the significant vulnerabilities that the electronic finance sector encounters. Regrettably, a breach has occurred […]

VeChain’s $VET and $VTHO fully manageable on Ledger Live

VeChain’s $VET and $VTHO fully manageable on Ledger Live

VeChain’s prime tokens, denoted as $VET and $VTHO, have been activated on the Ledger Live platform, an all-encompassing digital asset custody environment for blockchain technology. Vechain has launched an innovative custody service for the advantage of holders and developers by utilizing their diverse hardware wallet products and an advanced sustainable framework built upon Ledger’s platform. […]

ZoidPay forms an association with AUSTRIACARD HOLDINGS

ZoidPay forms an association with AUSTRIACARD HOLDINGS

ZoidPay and AUSTRIACARD HOLDINGS have jointly established an exclusive partnership to develop the ZoidPay Super Application. As per the agreement, AUSTRIACARD HOLDINGS will provide technology and compliance support of the highest caliber for the Web3 super application that is imminent. The primary objective of the ZoidPay super application is to offer users continuous access to […]

Crypto finds a massive breakthrough, with Ether leading the rank

Crypto finds a massive breakthrough, with Ether leading the rank

Ethereum was, for a few moments, trading at $2,500. It later lost that momentum and is now dancing around $2,478.42, a slip of 1.90% in the last 24 hours. That said, the overall crypto market is optimistic about the performance of ETH since it signifies that other cryptos see a similar trend on the horizon. […]

Hashgraph introduces DeepTech Venture Studio in Riyadh

Hashgraph Introduces Deeptech Venture Studio in Riyadh

As per a statement issued by Saudi Future on X, Switzerland-based Hashgraph has introduced its DeepTech Venture Studio in Riyadh. Hashgraph, a non-profit organization, provides support for educational and training initiatives. This occurred in accordance with a $250 million agreement concluded with the Saudi Ministry of Investment and spanning five years. The agreement was formally […]

Plume Network integrates with Celestia

Plume Network Integrates with Celestia

Plume Network integrates Celestia, a modular data accessibility network that facilitates secure enhancements in proportion to user volume. This facilitates the delivery of an individual’s blockchain. Plume Network is a modular RWA L2 designed to facilitate the onboarding of RWA projects and new capital onto the blockchain by integrating capital suppliers and prime asset tokenization. […]

A new Sepolia-anchored Polygon PoS testnet, Amoy, is here!

A New Sepolia-Anchored Polygon PoS Testnet, Amoy, is Here!

A new testnet, the Amoy testnet for Polygon PoS, will soon be introduced to provide a low-stakes environment for developing, testing, and breaching items. With the Sepolia testnet serving as the root (L1) chain, Amoy will be built on Ethereum. In a sustainable and future-proof ecosystem, developers using Amoy may continue to rely on the […]

MultiBit adds Alchemy Pay’s On-Ramp Solution to its website

MultiBit adds Alchemy Pay’s On-Ramp Solution to its website

MultiBet, a two-directional bridge between EVM and Bitcoin, has integrated Alchemy Pay’s on-ramp service onto its website. This will benefit the users and allow them to easily use their selected fiat payment systems to obtain the $MUBI token on MultiBit’s platform. Additionally, the $MUBI token has been incorporated within Alchemy Pay’s fiat on-ramp. Being the […]

Best Blockchain and Web3 Conferences in 2024

Best Blockchain and Web3 Conferences in 2024

Crypto, Web3, and blockchain technologies are continually evolving, changing how industries work and demanding the need for enthusiasts and experts to be updated with the recent advancements and trends. Attending blockchain events has become essential to immersing in crypto and blockchain fields. Blockchain conferences provide attendees with several benefits, networking opportunities, and educational experiences to […]

Lisk to integrate with the Ethereum ecosystem as a L2

Lisk To Integrate with the Ethereum Ecosystem as A L2

Lisk has announced that it is integrating with the Ethereum ecosystem as a Layer 2, or L2, as it is often known. The objective is to carry forward the mission of democratizing blockchain accessibility. The development has been termed a strategic move with a core focus on solving the problems of decentralized physical infrastructure networks, […]

Moon mission or market crash Analysis of Bitcoin's long-term pricing

Moon mission or market crash? Analysis of Bitcoin’s long-term pricing

Bitcoin started its journey in 2009 when Nakamoto mined the first block of the chain. Many investors were initially optimistic about Bitcoin (BTC), and the token has since gained considerable attention. The majority of them have generated huge profits, given that their original price was $135. At present, the token is worth over $41,000. Simply […]

Cardano is experiencing an upward trend

Cardano is experiencing an upward trend

According to Input Output Global (IOG), Cardano demonstrates a vibrant Blockchain ecosystem as well as substantial breakthroughs in technology and community participation. Significant changes in the overall development of Cardano have been implemented as specified in the communication. The SRE (Site Reliability Engineering) team members have been assigned to strengthen the Cardano network and conduct […]

VeTags becomes the official VeChain NFC Pet Partner

VeTags Becomes the Official VeChain NFC Pet Partner

VeTags recently announced becoming the official NFC Pet Partner for VeChain Technology. The announcement was made on the official X/Twitter account of VeTags. According to the announcement, VeTags is now an officially recognized pet NFC solution on VeChain. The collaboration marks a new era in the pet care industry as it merges advanced technology with […]

Avalanche Foundation shares a formal mission statement

Avalanche Foundation Shares a Formal Mission Statement

Avalanche Foundation’s Board of Directors proactively developed a concise mission statement for the organization. It entails the development of a sustainable ecosystem in relation to the Avalanche public blockchain. This will contribute to accelerating innovative endeavors, in conjunction with constitutive and associative functions and extensive research that results in digitizing all global assets. In pursuit […]

Enjin's Upgraded Wallet Daemon Improves Adopters' Security

Enjin’s Upgraded Wallet Daemon Improves Adopters’ Security

The upgraded version of Enjin’s Wallet Daemon has revolutionized the current state of game development acceptance. It is equipped with automated NFT allocation and every conceivable safety feature. Additionally, it is exceptionally user-friendly. As of date, the Enjin Wallet Daemon is one of the initial automated signature mechanisms that comes with a visual user interface, […]

Binance Labs invests in Initia, a 0-to-1 Rollup Layer 1 Network

Binance Labs Invests in Initia, a 0-To-1 Rollup Layer 1 Network

Binance Labs, Binance’s venture capital and incubation arm, makes an investment in Initia, a network designed for highly interconnected modular rollups. The platform allows developers to design upgradeable and exclusive mechanisms while removing the fragmentation and difficulties that present in traditional modular and multi-chain systems. The investment is commensurate with Binance Labs’ pledge to support […]

VNX forms an exclusive collaboration with Avalanche

VNX forms an exclusive collaboration with Avalanche

VNX, a leading European RWA tokenization platform, has formed a unique partnership with Avalanche. This will result in the delivery of stablecoins referencing the VNX fiat currency. In addition, the VNX Euro (VEUR) and VNX Swiss Franc (VCHF) will be added to the Avalanche C-Chain. The Liechtenstein Financial Market Authority (FMA) has registered a business […]

SEC postpones ARK 21Shares Bitcoin ETF matter to next year

SEC postpones ARK 21Shares Bitcoin ETF matter to next year

The Securities and Exchange Commission (SEC) has come up with a decision to postpone the matter related to the ARK 21Shares Bitcoin ETF. This will now be done in 2024, with the deadline being January 10. As per the Commission’s understanding, further time should be allotted in order to be able to properly evaluate the […]

Eclipse unveils its Ethereum SVM L2 mainnet architecture

Eclipse unveils its Ethereum SVM L2 mainnet architecture

Eclipse has published details about the architectural structure of Ethereum SVM L2, Eclipse Mainnet. Per those details, the general purpose of L2 brings together the best of the modular stack. Ethereum Mainnet has been defined as the faster L2 solution of Ethereum that is powered by SVM. The four elements that it brings together are: […]

Cardano What the Recent Price Action Means for the Future

Cardano: What the recent price action means for the future

The world of cryptocurrencies is volatile, and among the many digital assets making waves, Cardano stands out. In recent times, its price action has drawn significant attention. While we are on Cardano, we will explore its recent price action and how it stands for the future in the article below. So, if you are interested […]

Krafton and Naver Z announce a cosmos chain

Krafton and Naver Z announce a cosmos chain

Settlus is making its way into the ecosystem as a standard for the creator economy. The aim is to offer transparency as a purpose-built blockchain when it comes to working as a settlement system. The announcement has been made by Settlus itself, further highlighting that it is all about integrating their operations in Web3. However, […]

BitValue Capital rejoins with RACA

BitValue Capital rejoins with RACA

BitValue has joined up once again with RACA, which will help take Web3 technology in Africa to an absolute higher level. The association will bring about a fresh and advanced digital movement through a new bout of financial contribution, as well as the latest technology. This association will prove to be a real boost for […]

Thailand's crypto scam warning to Facebook: Act or shutdown

Thailand’s crypto scam warning to Facebook: Act or shutdown

Thailand’s Ministry of Digital Economy and Society has declared that it plans to legally challenge Facebook’s Meta for displaying allegedly fraudulent cryptocurrency ads. The ministry is likely to take legal action, including requesting a court injunction against Facebook if the social media platform does not tackle this issue by the end of February. This initiative […]

Hedera welcomes JSON-RPC providers for seamless integration

Hedera welcomes JSON-RPC providers for seamless integration

JSON-RPC, the native communication protocol designed for blockchains supported by the EVM, has now been made available to users on Hedera, the leaderless proof-of-stake public network renowned for its open-source architecture. The network’s position within the blockchain ecosystem will be strengthened by this tactical move, which also encourages greater cooperation within the EVM ecosystem. The […]

Ripple publishes its report for 2023-Q2 with clarifications on the court ruling

Ripple publishes its report for 2023-Q2 with clarifications on the court ruling

Ripple has published its financial report for the second quarter of 2023. However, what could have been a detailed and structured report of its financials turned out to be a set of clarifications following the conclusion, or verdict, of the SEC vs Ripple case. Ripple has highlighted numbers related to holdings, but then that’s it. […]

HorizonDEX announces deployment on BASE

HorizonDEX announces deployment on BASE

HorizonDEX has announced that it is going to deploy the mechanism on BASE. This will mark a major milestone for HorizonDEX as it will become one of the first players in the industry to do so. Also, it will open up the doors for HorizonDEX to leverage all the possible benefits of BASE. The development […]

Interport is now on Polygon zkEVM

Interport is now on Polygon zkEVM

Interport Finance has announced that it is now live on Polygon zkEVM. The project is powered by LayerZero Labs and intends to facilitate cross-chain trading without any hassle. Now that Interport is on Polygon, users can enjoy swapping their tokens on any of the seven available chains. Interport is backed by its meta-aggregation protocol that […]

Coinbase brings decentralized messaging via XMTP

Coinbase Brings Decentralized Messaging Via XMTP

A popular cryptocurrency exchange, Coinbase, has unveiled a secure encrypted messaging function in its digital wallet offering by collaborating with XMTP, also known as Extensible Message Transport Protocol.  The messaging feature on Coinbase Wallet will allow cryptocurrency users to use a secure communication platform between Ethereum’s Layer 1 and 2 accounts by using their cryptocurrency […]

Policy proposal to issue a Hong Kong Dollar stablecoin

Policy proposal to issue a Hong Kong Dollar stablecoin

A policy has been proposed to Hong Kong, seeking the region to come up with a stablecoin that is backed by its foreign reserves. More specifically, Wang Yang, Lei Zhibin, Cai Wensheng, and Wen Yizhou have pitched an idea to the Hong Kong Special Administrative Region (SAR) to do a bit more to promote the […]

Shiba Inu gets listed in Virtual Asset Index by HKVAC

Shiba Inu gets listed in Virtual Asset Index by HKVAC

In a major development for Shiba Inu, and what has been defined as a huge success, its native digital token has been added to the Virtual Asset Index by HKVAC. This is short for Hong Kong Virtual Asset Consortium. The reason why this is being called a huge success is that the Index is known […]

Singapore grants In-Principle Regulatory Approval to Ripple

Singapore grants In-Principle Regulatory Approval to Ripple

Ripple has announced receiving In-Principle Regulatory Approval from the Monetary Authority of Singapore, also known as MAS. This development will enable Ripple to offer regulated digital assets to the residents of Singapore. This includes all the products and services pertaining to digital assets, including the scalability factor of ODL.   Singapore is currently leading the […]

Bitcoin and Ethereum positioned live on MultiversX

Bitcoin and Ethereum positioned live on MultiversX

Bitcoin and Ethereum, undoubtedly the most sought-after digital assets, have now been positioned live on the MultiversX Bridge. This will help them to get connected with speedy, as well as cost-effective transaction fees, along with endless possibilities for carrying out innovations. This will also allow BTC and ETH to communicate with a similar amount of […]

The Elusiv SDK gets delivered on Solana

The Elusiv SDK gets delivered on Solana

Elusiv takes pride in the fact that the Elusiv SDK gets delivered on Solan, and being open source will provide the opportunity for developers to get connected with an array of privacy-related functions. They will also be in the position of incorporating them within all of their applications. Where Web3 is concerned, the need of […]

IOST partners with DBX Global toward integrated development

IOST partners with DBX Global toward integrated development

IOST has announced its strategic partnership with DBX Global with the core objective of shaping the future of the Web3 sphere. Notably, their focus will be on leveraging the potential of Social platforms and Digital Infrastructure that is based on blockchain technology. Specifically, the strategic partnership between IOST and DBX will look to drive the […]

EU gives green signal for regulating digital assets

EU gives green signal for regulating digital assets

The concerned finance ministers of the European Union have given their collective consent on beginning the process of formulating a region based regulatory structure for digital assets. Where the Markets in Crypto Assets (MICA) rules and regulations are concerned, they work towards offering specific recommendations in the case of cryptocurrency exchanges, as well as the […]

Binance adds FLOKI, SUI, and PEPE to Binance Convert

Binance Adds FLOKI, SUI, & PEPE to Binance Convert

Binance has announced adding three more tokens to the list for Binance Convert, allowing traders to trade them against other supported tokens. These are FLOKI, SUI, and PEPE. Users can trade them at zero fees, provided the other token is also supported. Users can start with Binance Convert by selecting Trade and then navigating to […]

BabyDoge is available as payment on Twitter, Discord, Reddit & more

BabyDoge is available as payment on Twitter, Discord, Reddit & more

BabyDoge recently announced a PIP integration, allowing the token to be used as payment on multiple platforms.Baby Doge was launched back in June 2021 as a meme token for dog lovers. However, the token has undertaken an ambitious approach since then, including efforts for NFT creation, GameFi, pet charity, and more. It even boasts a […]

FLOKI gets a listing on Binance.US

FLOKI gets a listing on Binance.US

It has been officially announced that FLOKI is now listed on Binance.US. The carrying out of deposits will be made possible by this. Along those lines, trading on the FLOKI/USD and FLOKI/USDT pairs will begin on April 25th, 2023. In order to comprehend FLOKI, it should be noted that it is a decentralized ecosystem of […]

Ripple Liquidity Hub is all set to simplify crypto liquidity needs for companies

Ripple Liquidity Hub is all set to simplify crypto liquidity needs for companies

Ripple takes immense pride in declaring that their Ripple Liquidity Hub is now absolutely active and ready. It happens to be within reach of all businesses that are looking for answers related to a smooth method of effectively managing their crypto liquidity requirements. It has been created to make it more user-friendly as well as […]

Rysk Finance incorporates Chainlink Price Feeds

Rysk Finance incorporates Chainlink Price Feeds

Rysk Finance is a DeFi protocol developed to accelerate DeFi risk maturity and real yield. The entity now takes the opportunity to air its sheer pleasure by officially announcing that it has successfully incorporated Chainlink Price Feeds on the Arbitrum Mainnet. With the incorporation of the absolute top-of-the-line decentralized Oracle network, the company has provided […]

New & advanced initiatives taken toward the Privacy of CBDCs

New & advanced initiatives taken toward the Privacy of CBDCs

Around the entire world, there seems to be a significant rise in the inclination toward the Central Bank Digital Currency. However, it needs to be noted that in this matter, privacy happens to be becoming an integral part, with the expectation that it should be playing a much more active role. In this very regard, […]

Ainslie Bullion incorporates Chainlink Price Feeds

Ainslie Bullion incorporates Chainlink Price Feeds

Ainslie Bullion seizes this opportunity to officially announce its incorporation of Chainlink Price Feeds. The organization will now be in a position to link to high-level and tamper-proof price feeds, which are essential for the precise pricing of precious metals. They include the likes of gold, as well as silver and platinum. This will be […]

TrueUSD transfers $1 billion to Capital Union Bank

TrueUSD transfers $1 billion to Capital Union Bank

Archblock, the company responsible for TrueUSD’s $2 billion in reserve assets, happened to have carried out a transfer to the tune of $1 billion. This was made to the Bahamas-based Capital Union Bank. The bank, at the present moment in time, is holding on to a total amount of $1.4 billion regarding the stablecoin’s reserves. […]

Get more for your money: forex trading in Kenya with deposit bonuses

Get more for your money: forex trading in Kenya with deposit bonuses

Forex, or foreign exchange, involves buying and selling various international currencies and is earning extensive popularity among worldwide traders. Most people using this market as a speculative investment vehicle can deliver a broad array of benefits to traders who invest in this market to earn improved RoI.  It should be no surprise that the forex […]

Flux is geared up to launch Flux-Algo parallel asset

Flux is geared up to launch Flux-Algo parallel asset

Flux is geared to launch the eighth Flux parallel asset (PA), Flux-Algorand. This, in turn, will help with the distribution of Flux-Algo tokens to Flux holders. Flux PAs happen to be an absolute prime factor for the network. In other words, they are Flux tokens available on various blockchains. It is possible to swap conventional […]

Coinbase blockchain launch springs up Impersonation tokens

Coinbase blockchain launch springs up Impersonation tokens

After a short while, following the launching of Coinbase Global Inc. ‘s blockchain, known as Base, a couple of new crypto tokens having similar sounding names seemed to have cropped up. It is also understood that the concerned tokens have absolutely no connection whatsoever with the network.   The Ethereum-backed Base that was launched on the […]

Cryptocurrency laws and regulations 2023 in USA

Cryptocurrency Laws and Regulations 2023 in USA

You might be wondering how a new cryptocurrency regulation in the U.S. will affect your investment or cryptocurrency prices- or if crypto is legal in your state. You don’t have to worry about anything, though, because we’ll answer all these questions and more in this blog post! Today, we want to give you an overview […]

zkEVM enables project positioning on the mainnet

zkEVM enables project positioning on the mainnet

zkEVM allows all registered projects to be placed on the mainnet. It is also true that the code can now be viewed, modified, and forked ultimately under the open-source license. Not only that, but they’re also over the moon about rebranding zkSync 2.0 as zkSync Era. The entire focus of zkSync, at the present moment […]

Maximizing Investment Potential in the Crypto Space through UAE Crypto Exchanges

Maximizing Investment Potential in the Crypto Space through UAE Crypto Exchanges

In 2022, the financial services industry in the Middle East underwent a significant transformation. In addition to other trends, the changes can be seen due to cryptocurrencies, digital payments, and BaaS (Banking as a service). The market for cryptocurrencies is growing around the globe and is even predicted to supplant established financial institutions eventually. Dubai […]

Intain Inc. successfully launches its IntainMARKETS

Intain Inc. successfully launches its IntainMARKETS

Intain Inc., which in actuality happens to be an absolute top-of-the-line structured finance platform, has successfully launched IntainMARKETS. This happens to be a marketplace, in terms of tokenized asset-backed securities, that has been created as an Avalanche Subnet. By delivering it in the form of a Subnet, IntainMARKETS will be able to live up to […]

El Salvador settles its $800 million dues with interest

El Salvador settles its $800 million dues with interest

Nayib Bukele has taken a dig at all the criticisms that were thrown their way while pursuing the passionate mission of cryptocurrency by placing a heavy bet on Bitcoin. According to a Tweet published by the President of El Salvador, the country has settled the due of $800 million with interest. This was earlier deemed […]

Cronos finishes upgradation on Cronos Mainnet Galileo

Cronos finishes upgradation on Cronos Mainnet Galileo

The entire team members at Cronos happen to be extremely pleased to share the information regarding them having finished the last bit of upgradation on their very latest Cronos Mainnet, Galileo (version 1.0). Having the v1.0 version figure, it happens to become a verifiable aspect which spells out the fact that the Cronos blockchain network […]

Tyler Winklevoss calls out SEC for filing a lawsuit against Gemini

Tyler Winklevoss Calls Out SEC for Filing a Lawsuit Against Gemini

Tyler Winklevoss, who co-founded Gemini with his twin brother Cameron Winklevoss, has taken a dig at the US Securities and Exchange Commission for filing a lawsuit against the crypto exchange platform. The Commission claims that Gemini has violated securities laws by issuing unregulated offerings to its customers. Tyler immediately expressed his unhappiness with the development […]

El Salvador shows its inclination towards Bitcoin bonds

El Salvador shows its inclination towards Bitcoin bonds

In relation to the issuance of digital assets, the Legislative Assembly of El Salvador has finally played a key role by giving its own stamp of approval. This will very certainly widen the window for the acceptance of Bitcoin Bonds. Nayib Bukele, the president of El Salvador, had specifically wished for this decision to be […]

Bitcoin (BTC) faces challenges to surpass the $18K mark!

Bitcoin (BTC) faces challenges to surpass the $18K mark!

Bitcoin is decentralized because it is built on a decentralized network and is not controlled by any single entity. Transactions on the Bitcoin network are validated and processed by a network of nodes rather than a central authority. This means that no single person or organization can manipulate or control the Bitcoin network, making it […]

The mining difficulty level of Bitcoin suffers a 7.2% drop

The mining difficulty level of Bitcoin suffers a 7.2% drop

According to the latest update on BTC.com, Bitcoin mining difficulty has dropped by 7.2%, which is the biggest drop since July 2021. However, this is the largest negative plunge followed by China’s elimination of cryptocurrency mining activities that forced the network’s hashrate to crash. Due to the significant drop, mining economics industries have suffered a […]

Litecoin jumped 60% in November; Why this sudden pump?

Litecoin jumped 60% in November; Why this sudden pump?

Litecoin is very easy and simple to understand. However, some compare it to the forks of Bitcoin, which might be technically true. LTC was created as an alternative to BTC with a lesser token value and a different hash rate. Apart from these two fundamental differences, both are essentially the same thing. While BTC is […]

Bitcoin Drops as tremors from China unrest Spook Global Markets

Bitcoin Drops as tremors from China unrest Spook Global Markets

Supply chain issues in China have already stirred the market this year. Even at the end of this year, the news of major protests against COVID restrictions in China continues the bearish outlook for crypto markets. Once again, a new wave of selling pressure is dominating, and the BTC price is not an exception. After […]

FIFA builds NFT platform to boost World Cup fan engagement

FIFA builds NFT platform to boost World Cup fan engagement

FIFA has grown to be one of the world’s most popular console games and is surrounded by a burgeoning esports industry. Professional-level FIFA esports include teams from many of the world’s top football clubs, including Barcelona and Manchester United. FIFA 22 is the latest installment of the popular esports series for PS4, Xbox, and mobile […]

Monero attempts to regain the support: Is XMR’s future safe?

Monero is a decentralized privacy-centric protocol that keeps the senders’ and receivers’ information hidden during transactions. XMR is the native token of this network and is quite popular because of its wide use cases. At the time of writing this post, XMR was trading around $131, below the previous short-term support of $135 but above […]

Pocketful of Quarters announces its building on SKALE

Pocketful of Quarters announces its building on SKALE

Pocketful of Quarters, a player- and developer-centric technology company focusing on interoperability and bringing video games to blockchain, is ecstatic and delighted to announce its building on SKALE. One of the company’s primary roles is to facilitate the portability and compatibility of video games. This is accomplished by retrieving them from servers and placing them […]

BNB faces consecutive rejection from the 100 EMA curve!

BNB faces consecutive rejection from the 100 EMA curve!

BNB remains at the 4th spot but should be treated third as per its market capitalization and pure blockchain origins. The 3rd spot, for the time being, is held by USDT, which is a stablecoin. Hence people often treat BNB as a real cryptocurrency. This token has been outperforming its peers, BTC and ETH, as […]

BNB surpasses the $300 mark with positive sentiments!

BNB surpasses the $300 mark with positive sentiments!

BNB, as a token, reached a peak value near $700 twice in 2021. While the possibility of repeating similar levels in 2022 is grim, the outlook is slowly picking up pace, and analyst expectations of reaching $400 are quite high. The market capitalization is changing, but crypto rankings remain at similar levels because of positive […]

Polygon collaborates with Axelar for Polygon Supernets

Polygon collaborates with Axelar for Polygon Supernets

Polygon declares its official partnership with the Axelar network. However, this partnership enables a more controlled and safe communication layer. However, this, further, is instrumental in ably and efficiently providing access to the Web3 ecosystems, which provide upgradation possibilities and opportunities where the cross-chain communications of Polygon Supernets are concerned. However, as far as Polygon […]

Aave reveals technical details of GHO Stablecoin

Aave reveals technical details of GHO Stablecoin

Aave Companies is, in actuality, the centralized body responsible for supervising the prime lending protocol of DeFi. Through a technically based paper, they have revealed the technical detailing of their created GHO Stablecoin. Additionally, they have also made the revelation of a safety auditing exercise carried on. However, the audit report mentions the complete absence […]

intrXn on Polygon a boon to NFT, GameFi & Metaverse world

intrXn on Polygon: a boon to NFT, GameFi & Metaverse world

Polygon took to Twitter to share that it has officially taken intrXn live on the network. It marks a major milestone with the new platform for businesses to access easy payment settlement services at the lowest transaction cost. The objective of intrXn is to enhance the experience of users in the ecosystem in terms of […]

BAT’s Negative Trend Extends Beyond Two Months!

One of the most promising tokens of 2021 is eating dust as 2022 begins its last quarter. The outlook of cryptocurrencies has seen a severe decline, and the global market improved from the shocks of the pandemic. Despite the fundamental grounds gained by the cryptocurrencies with promising problem-solving capabilities, a vast majority have retraced back […]

Can Justin Sun Rightfully be Termed as the Real Buyer of Huobi

Can Justin Sun Rightfully be Termed as the Real Buyer of Huobi?

As announced earlier, the About Capital Management fund has bought Huobi Global. But WuBlockchain has discovered from several different sources that Justin Sun is the Merger and acquisitions fund’s principal investor.  The rumor started after Huobi Global declared last Friday that it had finalized the sale of all of its shares in the cryptocurrency exchange […]

Chainlink (LINK) Could Make a Long-Term Breakout Soon!

Decentralized networks and computing have taken Chainlink to new heights of technical development. Furthermore, onboarding highly experienced technical advisors such as former LinkedIn CEO Jeff Weiner and ex-Google chairman Eric Schmidt has sparked huge joy for developers and LINK enthusiasts. Multiple mainstream multinational corporations, such as Accuweather and FedEx, have partnered with Chainlink for data […]

SupraOracles Collaborates with Coinvestor Ventures for Crypto Projects

SupraOracles Collaborates with Coinvestor Ventures for Crypto Projects

SupraOracles is extremely thrilled and excited about making its formal declaration of having formed a mutually beneficial partnership with the popular investment platform Coinvestor Ventures. However, the most valuable part of this apparent bonding is that Coinvestor Ventures has officially committed an undisclosed investment amount that it will provide to successfully and beneficially take this […]

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