Industry News

Michael Saylor’s MicroStrategy has been making headlines in the stock market lately, causing significant waves and leaving a substantial dent in the pockets of those who have been betting against it. Known for its strong affinity towards Bitcoin, MicroStrategy has experienced an extraordinary surge in value this year alone, with shares tripling since the beginning…

Exploring the interplay between meme coins and native networks

Diving into the Whimsical and Volatile World of Meme Coins: Understanding the Allure of Meme Coins Meme coins, a vibrant and unpredictable subset within the realm of cryptocurrencies, have taken the digital world by storm. These unique assets are a testament to the power of humor and viral content that can ignite excitement among internet…

Solana network grapples with congestions amid security concerns

Addressing Challenges on the Solana Blockchain Network: Chain Congestion and Malicious Activity The Solana blockchain network has been experiencing a multitude of challenges recently, primarily due to an influx of user activity. One of the most pressing issues is chain congestion, which has led stakeholders within the Solana ecosystem to consider significant modifications to the…

Thailand approves tax exemptions for individuals holding crypto

Thailand’s New Tax Breaks for Investment Tokens: Bolstering Fundraising Initiatives and Attracting Investors Thailand’s Government Announces Tax Exemptions for Investment Tokens The recent approval of tax exemptions for investment tokens by Thailand’s cabinet marks a significant step towards boosting fundraising initiatives and solidifying the nation’s position as an attractive investment hub. Effective from January 1,…

CoinShares enters the US with Valkyrie acquisition completion

CoinShares Acquires Valkyrie Funds LLC: Expanding Global Reach and Enhancing U.S. Presence in the Digital Asset Market CoinShares, a contact investment firm specializing in digital assets, has officially completed its acquisition of Valkyrie Funds LLC. This strategic move marks an essential milestone for CoinShares as it bolsters its global reach, particularly in the United States…

Giant Skull, Stig Asmussen’s New Venture, Unveils Ambitious Plans

Patrick Cliff7 months ago7 months ago08 mins

In an exciting development that has sparked intrigue within the gaming community, Stig Asmussen, a celebrated keyboards director known for his work on titles such as Star Wars: Jedi Fallen Order and God of War 3, has made headlines once more. After leaving Electronic Arts and Respawn Entertainment in 2023, there was much speculation regarding…

Shiba Inu integration with Australian ATMs signals expansion in crypto accessibility

A Major Milestone for Shiba Inu: Integration into LocalCoin’s Crypto ATM Network in Australia The integration of Shiba Inu (shib) into the Automated Teller Machine (ATM) network of LocalCoin, a leading cryptocurrency ATM company in Australia, marks an essential milestone for the meme coin. This development underscores the growing trend of increased accessibility and adoption…

Craig Wright’s Satoshi Claim Under Scrutiny: Ripple CTO Highlights Key Issue

In a recent development that has added another layer of complexity to the ongoing trial regarding the authentic identity of Bitcoin’s mysterious creator, Satoshi Nakamoto, Ripple CTO David Schwartz has weighed in on the allegations against self-proclaimed Satoshi, Craig Wright. As the legal proceedings inch closer to their conclusion, a formidable coalition of notable cryptocurrency…

The one common flaw between centralization and decentralization

The Surprising Resurgence of Cryptocurrencies: A Mutted Picture of Decentralization In the ever-evolving landscape of decentralized finance, Bitcoin has made an unexpected comeback in 2024. With its value reaching a monumental $73,000, it’s not just the OG cryptocurrency that is basking in the limelight. Ethereum and meme-favorite Dogecoin, among others, are also experiencing their moment…

Tether collabs with U.S. authorities to recover stolen money

Tether’s Groundbreaking Collaboration with U.S. Authorities: Recovering $1.4 Million in USDT from Cyber Criminals – A Modern-Day Detective Story The recent news of U.S. authorities in collaboration with Tether, a leading stablecoin issuer, to recover an impressive $1.4 million stolen USDT tokens marks more than just a headline in the ongoing war against digital theft….

Nibiru Chain’s NIBI token skyrockets to $1.4 billion market cap after mainnet launch

Patrick Cliff7 months ago7 months ago03 mins

Introducing Nibiru Chain: A Groundbreaking Layer 1 Blockchain Platform Nibiru Chain, a newly emerged player in the Layer 1 blockchain landscape, made its grand entrance on March 12. The project was met with an impressive response as its native token, NIBI, experienced a staggering surge of 85% within the first five hours of its launch….

Hong Kong’s Monetary Authority launches its stablecoin sandbox

Hong Kong’s Regulatory Sandbox: A Significant Development in Stablecoin Regulation The regulatory landscape for stablecoins, which are digital currencies pegged to the value of traditional fiat currencies such as the U.S. dollar or Hong Kong dollar, has been a subject of intense debate and discussion in recent years. Stablecoins have gained significant attention due to…

Central Bank of Nigeria’s inability to defend the naira raises concerns

The Economic Intelligence Unit’s Analysis of Nigeria’s Economic Challenges: A Focus on the Central Bank of Nigeria and the Naira The Economic Intelligence Unit (EIU) has recently released an in-depth analysis of Nigeria’s economic situation, with a specific focus on the challenges faced by the Central Bank of Nigeria (CBN) in stabilizing the local currency,…

Dune Imperium to Release on Xbox Tomorrow

Prepare for an Epic Digital Experience: Dune Imperium Introducing Dune Imperium Digital For gaming enthusiasts and sci-fi aficionados, an exciting new adventure awaits! Starting March 13, 2023, Dune Imperium Digital will be available on screens both big and small. After a successful early access phase on PC, this thrilling blend of card play and strategy…

Crypto service providers on notice as EU enforces new sanctions laws

The contact Parliament has taken a significant step towards enhancing its sanctions enforcement mechanisms by approving a comprehensive set of laws aimed at harmonizing the application and implementation of EU financial sanctions across all 27 member states. This decisive move comes in response to growing concerns over potential violations of EU financial sanctions, particularly in…

MetaMask and Mastercard Unite to Launch On-Chain Payment Card.

MetaMask and Mastercard: Bridging Traditional Finance and Cryptocurrencies with an On-Chain Payment Card MetaMask, a prominent cryptocurrency wallet solution, is making headlines for its groundbreaking collaboration with Mastercard. This partnership marks a significant milestone in the fusion of traditional finance and the evolving world of cryptocurrencies, as they work together to test a payment card…

XRP’s meteoric rise fueled by mystery whale moves

The cryptocurrency market has witnessed a remarkable surge in the price of XRP, which has seen a significant increase of 10%, reaching $0.6921. This price rise can be attributed to a series of substantial transfers within the XRP community, with one transfer involving 100 million XRP units making headlines. Over the past week, XRP has…

Federal Reserve cuts interest rate amid inflation concerns

Federal Reserve Cuts Interest Rates Amidst Economic Uncertainty: A Look at Economists’ Perspectives and Jamie Dimon’s Take Amidst the backdrop of an evolving economic landscape, the U.S. Federal Reserve (Fed) recently announced a significant decision to cut interest rates in June. This action was driven by the Fed’s need for more data to confirm inflation…

FDIC vice chair seeks clearer SEC crypto asset guidelines