In order to further its proprietary “PARANOID” blockchain technology, the US Navy is looking for commercial sector partners to form a cooperative research and development agreement (CRADA). A blockchain-based system called PARANOID (Powerful Authentication Regime Applicable to Naval Operational Flight Program Integrated Development) provides software security throughout development and deployment
June 3, 2024 2 mins read
Keith Gill, better known by his Reddit handle “Roaring Kitty,” revealed that he owns $181.4 million worth of GameStop (GME) stock and call options, sending the stock price soaring by more than 19% in overnight trading. The trader commonly acknowledged as having a significant impact on the 2021 GME short
June 3, 2024 1 min read
Patrick McHenry, a Republican senator from the United States, has pushed the Senate to approve a landmark bill regulating cryptocurrency before the November presidential election. On May 22, with 71 Democrats and 208 Republicans in support, the Financial Innovation and Technology for the 21st Century Act (FIT21) was approved by
May 31, 2024 2 mins read
Shibarium has significantly lowered the bridge time between Shiba Inu’s Layer 2 blockchain and Ethereum, improving user experience and operational efficiency. The seven-day bridge period in the past sometimes disrupted otherwise smooth operations. But by cutting that time to less than an hour, Shibarium accomplished something really remarkable. Shibarium has
May 30, 2024 2 mins read
The ground-breaking trading game Banksters, which is gamifying financial education by integrating NFTs, announced today that the $BARS utility token will soon be available for purchase on a number of leading cryptocurrency exchanges. The native $BARS token of Banksters will go up for trade on May 30 on MEXC, and BingX,
May 30, 2024 2 mins read
The ‘Forever Worldwide: The Road to Saudi Arabia’ NFT collection, a collaboration between Cristiano Ronaldo and Binance, was unveiled today. The new NFTs offer fans novel experiences and spectacular real-life rewards, representing Cristiano Ronaldo’s journey from modest beginnings in Madeira to becoming a worldwide football legend. The ‘Forever Worldwide: The
May 29, 2024 4 mins read
One of the most talked-about U.S. Spot Ethereum ETFs got the go light from the SEC last week, setting off a chain reaction in the cryptocurrency market. Notably, last week, as optimism grew, Bitcoin and most altcoins rose. It seems that investors’ trust in the digital assets market has been
May 26, 2024 1 min read
The former US president and Republican candidate for president this year, Donald Trump, has once again shown his support for cryptocurrency. His ambitions to back crypto startups were disclosed in a post the former president made on Truth Social, his social media platform. For some time now, people have seen
May 26, 2024 1 min read
Eight Spot Ethereum ETFs were authorized by the U.S. Securities and Exchange Commission (SEC) on Thursday, May 23, 2024, marking a significant milestone for the cryptocurrency sector. Lead developer Shytoshi Kusama of Shiba Inu was one among many who reacted to this news. Additionally, the developer suggested big ecosystem enhancements
May 24, 2024 1 min read
Midway through Wednesday, the spot ether exchange-traded funds (ETFs) established by ChinaAMC, a Chinese fund manager, had a daily influx of almost HK$5 million (US$640,780), a substantial increase. This comes after Tuesday’s record-breaking inflow of HK$3.77 million, the most since the ETF’s launch. Investors are speculating that comparable products might
May 22, 2024 1 min read
