To deepen its artificial intelligence (AI) efforts and enter the web3 market, Microsoft has partnered with blockchain platform Aptos Labs. The latter will provide Microsoft with verified blockchain data for AI model training and will operate validator nodes on the Azure cloud. The parties involved hope that by using blockchain
August 9, 2023 2 mins read
Binance has recently announced it has been granted a full license to operate in El Salvador. This landmark event coincides with the rising acceptance of Bitcoin (BTC) as legal money in the nation. The exchange has made history with this statement by being the first cryptocurrency exchange to be granted
August 8, 2023 2 mins read
The mainnet launch of Shibarium has been earlier hinted by the project’s lead developer, Shytoshi Kusama, who will be attending next week’s Blockchain Futurist Conference and ETH hackathons in Toronto, Canada. There has been no activity on the Shibarium testnet “PuppyNet” for over three days, and the introduction of Shibarium
August 8, 2023 1 min read
Glassnode, a blockchain analytics company, reports that the number of Bitcoins held by long-term holders has hit a new high of 14.599 million. A total of 43,949 Bitcoin, or almost $1.274 billion has been added to these wallets during the last week. Addresses that have held Bitcoins for 155 days
August 7, 2023 2 mins read
A new whale has come to the forefront after purchasing $40 million worth of Shiba Inu (SHIB) in one transaction, which is an incredible show of support. The whale has amassed 4.41 trillion SHIB tokens, putting it in the 27th position among the top holders of SHIB, according to statistics
August 7, 2023 1 min read
With its financial markets regulator soliciting public views on its proposed regulatory framework controlling digital assets, such as cryptocurrency. The Sultanate of Oman is moving closer to adopting its own virtual asset rules. Based on feedback from the public, the Capital Market Authority (CMA) of Oman released a consultation document
August 5, 2023 2 mins read
On Friday, Global X joined other industry participants in submitting paperwork to list a spot bitcoin exchange-traded fund (ETF) product. If the fund gets the go-light from regulators, it will boost widespread Bitcoin exposure. In addition to Grayscale’s petition to appeal the SEC’s denial of its intended spot-bitcoin ETF conversion,
August 5, 2023 1 min read
On Friday, Coinbase submitted a brief to the court hearing the SEC case against them, asking that the charges be dropped. The exchange contended in its brief that, contrary to decades of Supreme Court precedent, it does not provide investment contracts. This comes at a time when lawmakers and authorities
August 5, 2023 1 min read
Revolut has decided to discontinue offering cryptocurrency trading services to US users as of September 2023. This is due to regulatory uncertainties in the US. On Friday, August 4th, a Revolut representative stated that from September 2nd, the company will no longer enable customers in the United States to purchase
August 4, 2023 2 mins read
According to data compiled by CCData, South Korean crypto exchange Upbit overtook Coinbase and OKX in trading volume for the first time in July. Both Coinbase and OKX, two centralized exchanges, suffered a decrease in trading volume in July, with Coinbase’s volume falling by 11.6% to $28.6 billion and OKX’s
August 3, 2023 1 min read