Mon, September 7

Crypto Exchange Binance Mints 50 Million TrueUSD (TUSD)

Binance, a cryptocurrency exchange, has minted roughly $50 million worth of TrueUSD in only a few days after news surfaced that US regulators were looking into Paxos and Binance USD. According to Etherscan, the transaction occurred on February 16 and came only two days after Binance CEO Changpeng Zhao “CZ”

February 17, 2023 2 mins read

Crypto Projects Postponing Token Launch Due to Alameda Gap

The cryptocurrency market is going through an “Alameda gap,” where several projects are delaying their token releases. It is because of the lack of liquidity despite rising bitcoin (BTC) and ether (ETH) prices. The number of new coin applications decreased during 2022, from 10,264 in the first quarter to 6,350

February 17, 2023 1 min read

Popular Men’s Fashion Magazine GQ Launches NFT Collection

GQ, a men’s fashion magazine, has released its first-ever NFT collection, consisting of 1,661 items created by an algorithm. In “GQ3 Issue 001: Change Is Good,” artists like Chuck Anderson, Serwah Attafuah, Kelsey Niziolek, and REO contributed artworks. Each artist reportedly produced more than a hundred “traits” that were used

February 16, 2023 1 min read

Blur Airdrop Evidently Benefited Wash Traders as per Data

Some of the top traders in the world received more than $1 million worth of BLUR tokens during today’s anticipated airdrop for the rising NFT marketplace Blur. More than $1.9 million worth of Ethereum-based governance tokens were acquired by the top traders. Dune’s curation of public blockchain data shows that

February 16, 2023 2 mins read

The Sandbox Collaborates With Japanese Studio Toei Animation

On February 16, the gaming and metaverse firm The Sandbox announced a partnership with the massive Japanese animation studio Toei Animation. Popular manga like Sailor Moon, Dragon Ball, and One Piece have all been produced by this studio. The Sandbox said that besides Toei Animation Studio, they will also be

February 16, 2023 1 min read

Relation Between IOTA & AI Growing — Will It Lead To IOTA Price Surge?

The IOTA cryptocurrency is being combined with the power of Artificial Intelligence (AI).This is  a technological tool that has been revolutionizing the way we interact with machines and devices. This combination has people wondering, “How high can IOTA go?”  With the potential for automated decision-making, data analysis, and predictive forecasting,

February 16, 2023 2 mins read

DBS Bank Reports 80% Surge in Bitcoin Trading Volume in 2022

Bitcoin trading on DBS Digital Exchange (DDEx), the cryptocurrency exchange arm of Singapore’s DBS Group Holdings, increased exponentially in 2022 despite the winter’s wipeout of billions of dollars in market value. Bloomberg claims that Bitcoin trading volume on the exchange increased by 80% year over year. Bitcoins held in DDEx’s

February 16, 2023 2 mins read

Crypto Exchange CEX.IO Receives Notice by FDIC Over Insurance Claims

Executives of cryptocurrency exchange CEX.IO have received a letter from the United States Federal Deposit Insurance Corporation (FDIC). Notifying them that they may have broken federal law by making false and misleading claims regarding the exchange’s insurance status. The regulatory body has given the exchange 15 days to make the

February 16, 2023 2 mins read

Celsius Network Picks NovaWulf Offer to Escape From Bankruptcy

Crypto lender Celsius Network has been seeking all options to increase the value of its assets and restructure its business since filing for Chapter 11 Bankruptcy on July 2023. Today the cryptocurrency lender announced that it agreed to partner with asset management NovaWulf Digital Management to recover from bankruptcy. Celsius

February 16, 2023 2 mins read

Hong Kong to Legalize Cryptocurrency Trading for Citizens

According to reports, on June 1st, 2023, Hong Kong will officially make cryptocurrency purchasing, selling, and trading entirely legal for all of its residents. In Hong Kong, Interactive Brokers (IBKR) has started working with cryptocurrency exchange OSL Digital Securities. This is to provide cryptocurrency trading to professional investors.  The objective

February 16, 2023 2 mins read