The firm behind the XRP token, Ripple, has collaborated with the Commercial International Bank (CIB) of Egypt. This is a major achievement for the corporation as it has strengthened its position in the Egyptian market. This follows Ripple’s announcement that it would strengthen its presence outside of the United States,
February 20, 2024 1 min read
Within the next half-year, lawmakers in the UK want to enact new regulations on cryptocurrency staking and stablecoins. The government is striving aggressively to adopt the new law before this year’s general election, according to Bloomberg, which Economic Secretary to the Treasury Bim Afolami said at a Coinbase-hosted crypto event
February 20, 2024 2 mins read
Even if many think there’s space for further outflow, crypto asset manager Grayscale has seen a decrease in outflows from its spot Bitcoin ETF. Research from Bianco Research and Farside shows that as of February 16th, the total amount of money that has been pulled out of the Grayscale Bitcoin
February 19, 2024 1 min read
In order to settle U.S SEC accusations related to the 2021 launch of an exchange-traded fund (ETF) centered on social media, VanEck agreed to pay a fine of $1.75 million. A civil penalty was levied on the investment advisor by the SEC. In a statement issued on February 16th, the
February 18, 2024 2 mins read
Coinbase is contributing $3.6 million to Bitcoin supporting non-profit Brink as it closes GiveCrypto, an organization that distributed cryptocurrency to those in need. The campaign was announced to be ending in December by the exchange, who said it had failed to have a lasting effect. Coinbase did not disclose how
February 18, 2024 2 mins read
Despite the volatility in the cryptocurrency market, Bybit, which has over 20 million users and is among the top three exchanges globally in terms of volume, has grown remarkably in 2023. According to recent statistics from Kaiko, Bybit outperformed the other leading exchanges in terms of growth in spot market share,
February 15, 2024 1 min read
A collaboration between Layer 3 blockchain Orbs and OTC derivatives platform SYMMIO has been established. The collaboration will facilitate the growth of onchain derivatives trading, which leverages deep liquidity and improved capital efficiency. For its blockchain- and DEX-agnostic Liquidity Hub, which operates on top of AMMs and solves the issue
February 15, 2024 2 mins read
Valentine’s Day, a day to celebrate relationships and love, is here. Romance is in the air, but con artists who prey on your money instead of your heart are never too far away. Finding our soul mate has become a whole new experience thanks to the internet age. To start
February 14, 2024 11 mins read
Investors in cryptocurrencies and stocks are waiting with bated breath for the U.S. Bureau of Labor Statistics to release January’s consumer price index (CPI) inflation statistics, which might provide fresh clues about potential Fed rate reduction. After a huge influx of buyers into spot Bitcoin ETFs, the price of bitcoin
February 13, 2024 1 min read
On Monday, South Korean game producer Com2uS revealed a partnership with the Oasys blockchain initiative. As a result of the collaboration, the game developer will be able to better prepare its web3 gaming infrastructure to enter the Japanese market. A blockchain network focused on gaming, Oasys has collaborated with SoftBank, Sega,
February 13, 2024 1 min read