Thu, September 24

FTX CEO and Solana Co-Founder on Web3 Builder Summit

The blockchain ecosystem is expanding its growth through new strategies. At this early stage of web3, FTX founder and CEO Sam Bankman-Fried and Solana co-founder Anatoly Yakovenko offered insightful advice for Web3 founders during an online Web3 Builder Summit, which was hosted by Wing venture capital partner Zach DeWitt. The

July 22, 2022 2 mins read

Tesla’s Bitcoin Sales Holds Up Musk’s Endless Dogecoin Love Era

Tesla retains $936 million in its balance sheet after selling BTC holdings. In the previous year, Tesla invested $1.5 billion in BTC. On Wednesday, Tesla Inc revealed in a letter to its shareholders, that the company has sold about 75% of its Bitcoin holdings, adding the amount of $936 million

July 21, 2022 2 mins read

Singapore Onboard to Become the Next BTC and Crypto Hub

Singapore is also affected due to the growing inflation.  New regulatory reforms revised for both BTC and other digital assets. Singapore to become a major hub for BTC and crypto. The Central Bank of Singapore along with the Monetary Authority of Singapore (MAS) together has planned to come up with

July 20, 2022 2 mins read

The Latest Samsung Mining Chips Will Produce 45% More Energy

Samsung starts producing 3-nm chips, which will be 45% more energy-efficient. The new chips are predicted to increase by 23%. The technology powerhouse Samsung announced at end of June, that they started creating new 3-nanometer (nm) mining chips that will use 45% less energy. While announcing the 3nm chip, Samsung

July 20, 2022 1 min read

BNP Paribas Replacing Fiat Security Assets with Cryptos

BNP Paribas  entering the custody space for crypto. Currently, the French bank has $13 trillion in assets . BNP Paribas (BNP), a  French Bank, is going to start offering custodial services for Bitcoin and other digital assets. Over $13 trillion in assets are managed by the bank’s assets custodian, BNP

July 20, 2022 1 min read

UK Parliament’s New Agenda: Sign of Crypto Adoption?

The bill will provide standards for utilizing stablecoins. The regulator will have the authority to refund the victims. UK finance minister Zahawi announced that the long-awaited financial services and markets bill would be presented before parliament on Wednesday, in order to capitalize on the benefits of Brexit and transform the

July 20, 2022 1 min read

U.S Lawmaker Brad Sherman Thrashes SEC For Neglecting Exchanges

U.S lawmaker Brad Sherman questions the SEC.  Accuses of leaving out major crypto exchanges. SEC terms regulating the crypto industry has become hard. The long-time major villain for the crypto industry, and the congressman Brad Sherman, thrashes the United States Securities and Exchange Commission (SEC) over various aspects. Brad Sherman

July 19, 2022 2 mins read

Dubai-based FinTech Firm Enables Access To Digitized Gold

ComTech introduces a Gold token, which allows users to access the gold electronically.   The current value of 1 $CGO token price is $54.97, as per CMC. Recently, the co-founder of XinFin XDC Network, Ritesh Kakkad tweeted that ComTech Gold is “redefining the tokenization infrastructure” by digitizing Gold using the

July 19, 2022 2 mins read

 FBI Warns Public Over Phishing Crypto Apps

FBI has issued a public warning about fraudulent cryptocurrency apps. According to the FBI, $3.7 million was defrauded from 28 victims. The Federal Bureau of Investigation (FBI) has issued a public alert concerning fake cryptocurrency apps.  According to the Securities and Intelligence Agency alert released on July 18, hackers have

July 19, 2022 2 mins read

A Famed Yacht Company Now Accepts Dogecoin and Shiba Inu

Yachtzoo accepting Shiba Inu and Dogecoin as a payment. Dogecoin traded at $0.066279 and it increased by 3.15% in the last 24 hours. Many high-end firms already accept cryptocurrency payments for yacht buying and financing. Following that, Monaco-based Yachtzoo collaborated with BitPay to provide digital currency payment services. Leading cryptocurrencies

July 18, 2022 1 min read