Sat, October 3

ApeCoin DAO Approves Community Proposal for Accelerator Program

This year has been a roller-coaster for the NFT-based ApeCoin because of its erratic highs and lows. Recently, the APE project’s governing DAO approved a community request. That would lead to the creation of an Accelerator program. That encourages the incubation of businesses that use ApeCoin tokens (APE) to enhance

May 18, 2023 1 min read

Binance Australia Seeks New Third Party Provider to Reinstate AUD Services

Binance Australia has temporarily halted its Australian dollar services due to a disruption in support from its local payment services provider. Binance Australia took to Twitter on May 18 to inform users that AUD PayID deposits temporarily halted. And warned that bank transfer withdrawals would be impacted as well, citing

May 18, 2023 1 min read

Legal Experts Slam Florida’s CBDC Ban as Ineffective and Misguided

In a recent development, legal experts expressed worries over Florida’s move to outlaw central bank digital currency (CBDCs), questioning their usefulness and possible damage to the digital asset market. Despite Governor Ron DeSantis’s rhetoric that the restriction safeguards against government overreach and corporate surveillance, legal academics believe the bill fails

May 18, 2023 3 mins read

Sequence and Polygon Labs Partner to Revolutionize Web3 Infrastructure

In a recent development, Horizon, the creators of Sequence, have announced a strategic alliance with Polygon Labs. It is a growth and development team focused on advancing the Web3 ecosystem. This partnership aims to revolutionize the infrastructure of Web3 by offering developers a comprehensive suite of tools and resources. Polygon

May 18, 2023 2 mins read

Apple’s Approval of Axie Infinity’s Origins for App Store Propels AXS Bullish Sentiment

Axie Infinity, the popular game built around player-owned creatures called Axies, has achieved a significant milestone. However, Apple has approved its Origins version for release on the App Store. This marks the first instance of Apple permitting a game featuring externally-purchased Non-Fungible Tokens (NFTs) to be available on its platform,

May 17, 2023 3 mins read

Stablecoin Issuer Tether Allocates 15% Profit Every Month To Buy Bitcoin

On Wednesday, stablecoin issuer Tether said that it will begin making regular purchases of Bitcoin (BTC) for its stablecoin reserves. Thus, spending a portion of its earnings to do so. As part of a new investment strategy centered on the world’s biggest cryptocurrency by market value. Tether🧡#Bitcoin Starting this month,

May 17, 2023 2 mins read

FDIC Chairman Blames Crypto for Recent Bank Failures in the U.S

Poor management and a lack of liquidity were found to be major factors in the demise of Signature Bank. FDIC chairman Martin Gruenberg, on the other hand, thinks the bank should have known better about the dangers involved with cryptocurrencies or it would not have fallen so quickly. Gruenberg brought

May 17, 2023 1 min read

Justin Sun Eyes Solving Problem With Earlier Distribution of Huobi Tokens

Tron’s founder and a major player in the cryptocurrency industry, H.E. Justin Sun, has revealed a major problem with the distribution of Huobi Tokens (HT) in a tweet. According to Sun, millions of HT tokens were given away to Li Wei. The brother of Leon Li, the HT DAO’s founder,

May 16, 2023 2 mins read

Ledger Stands Firm: Wallet Recovery Tool Defended Amidst Expert Criticism

Ledger is one of the most popular hardware wallet manufacturers in the cryptocurrency realm. They have numerous wallet models available, depending on the requirements of the users. Even though hardware wallets are touted as one of the safest ways to store cryptocurrencies, a new tool has been released that could

May 16, 2023 1 min read