As the cryptocurrency sector anxiously awaits a verdict, the Nigerian court has rescheduled the trial of Tigran Gambaryan, a former US federal agent and executive of crypto exchange Binance, until September 2. Later afternoon, the most recent court hearing involving Gambaryan will begin. The executive of Binance was taken into
September 2, 2024 2 mins read
On Monday, Metaplanet Inc., announced a strategic alliance with SBI Group, a partner of Ripple Labs, the industry leader in cryptocurrency payments. The Bitcoin trading, custody, and management collaboration between Metaplanet and SBI VC Trade has begun. This is an exciting step toward the widespread use of cryptocurrencies and future
September 2, 2024 2 mins read
The price of XRP dropped amid Ripple releasing 1 billion tokens from escrow. By implementing a strategy to manage the token supply over the long term, this measure seeks to increase market transparency and predictability. The market’s rapid reaction made investors understandably apprehensive, notwithstanding this objective. On September 1st, Ripple
September 1, 2024 1 min read
The founder of the Cardano blockchain, Charles Hoskinson, has declared his intention to establish a decentralized social media platform in Brazil. X, formerly known as Twitter, and the country’s judicial system are increasingly at odds, prompting this action. The X platform was recently prohibited in Brazil as a result of
September 1, 2024 1 min read
Next week’s key events, such as US employment statistics, are keenly anticipated by the crypto market. As the employment numbers would solidify bets on the anticipated Fed rate cuts, they would be one of the most eagerly awaited pieces of data for next week. Additionally, it would affect the future
September 1, 2024 1 min read
A survey found that among countries throughout the world, Singapore has the highest rate of cryptocurrency adoption. With Hong Kong and the UAE following closely behind. Researching the current status of cryptocurrency adoption across nations, the Henley Crypto Adoption Index 2024 was published by the investment migration consulting company Henley
August 31, 2024 2 mins read
The three-day losing skid for U.S. spot bitcoin exchange-traded funds continued on Thursday with net outflows of $71.73 million. Data from SosoValue shows that BlackRock’s IBIT, the biggest spot bitcoin ETF by net assets, had net outflows of $13.51 million, marking its first negative flows since May 1, and second
August 30, 2024 2 mins read
NFL Rivals, the officially licensed video game of the National Football League and NFL Players Association, announced today a collaboration with the Kansas City Chiefs, the Super Bowl LVIII champions, to make NFL Rivals the “Official Mobile Game of the Chiefs” for the 2024 NFL Season. With the partnership, NFL
August 28, 2024 1 min read
A campaign to Learn & Earn will be hosted on the Galxe platform by Ether.fi and the SSV Network DAO, as per the announcement. The initiative aims to educate the community about the importance of decentralizing Ethereum’s base layer and the potential of Distributed Validator Technology (DVT) for restaking. Through
August 27, 2024 1 min read
In its first four months of launch, Bitcoin Runes—a protocol for non-fungible tokens—processed 15.6 million transactions, resulting in fees of $162.4 million. In the first two months, Runes accounted for the bulk of transactions, with Dune Analytics reporting daily totals reaching 300,000. With almost a million transactions in minting, etching,
August 26, 2024 1 min read
