Thu, October 8

Four Of The Best Web3 Games On The Market Right Now

Web3 gaming has come a long way. The current crop of games vying for market share occupy different genres and attract distinct audiences but they share a number of things in common. They successfully leverage the benefits of blockchain without allowing the tech to overshadow gameplay. They’re largely mobile-first to

July 15, 2024 5 mins read

BlackRock Hits Record $10.6 Trillion in Assets Fueled by ETF Flows

BlackRock, the world’s largest asset manager, has reported a strong performance in the second quarter with assets under management (AUM) climbing to a staggering $10.6 trillion. This marks a nearly 13% increase from the previous year. Further, earnings per share (EPS) also saw growth, rising to $9.99 from $9.06, while

July 15, 2024 1 min read

Crypto Market Sees Rebound with Record Investment Inflows

The global crypto market has rebounded sharply, with the total market cap reaching $2.29 trillion, marking a 3.69% increase over the past day. Trading volume surged by 23.24% to $64.1 billion in the last 24 hours, dominated by stablecoins which accounted for $58.52 billion, constituting 91.29% of the total volume.

July 15, 2024 2 mins read

Former Aussie BitConnect Promoter Convicted for Unauthorized Services

Australian Defunct platform BitConnect’s former promoter was convicted on Friday at a District Court in Wales, Sydney. John Bigatton was found guilty of providing unlicensed financial advice during the span of August 2017 to January 2018. He is currently sentenced to a three years of ‘good behavior recognizance’ and a

July 15, 2024 2 mins read

Banking The Unbanked: The Rise Of Neobanks And Crypto In Sub-Saharan Africa

In regions like Sub-Saharan Africa, the traditional banking infrastructure that is used daily worldwide is often inaccessible to a vast population. However, as a result of this lack of access, there are many innovative financial services working hard to ensure significant strides in this area.  Neobanks and cryptocurrency platforms are

July 15, 2024 4 mins read

Will South Korea Put Crypto Taxation on Hold for Three More Years?

The South Korean ruling party, conservative People Power Party (PPP) is considering postponing the taxation of cryptocurrency investment gains with a 20 percent tax to January 2028. Cryptocurrency income taxation scheduled earlier in October 2021. As the tax law passed by the National Assembly during the former president, Moon Jae-in’s

July 15, 2024 2 mins read

Crypto Trader GCR Makes 8M Profits Trading TRUMP Right Before Dip

The crypto market witnesses long-term profits intermittently with traders profiting from yearly price increases. In the last 9 hours, a wallet address suspected to be well-known pseudonymous trader GCR, aka Gigantic Rebirth had inflows of $8.3 million in profits by selling 1.08 million tokens of memecoin MAGA (TRUMP).  According to

July 15, 2024 2 mins read

Fed Expected to Lower Interest Rates as per Bloomberg’s Mike McGlone

Since US stocks have turned around, Bloomberg analyst Mike McGlone predicts that the Fed will soon reduce interest rates. At a critical juncture in the economic landscape after the pandemic, this prediction arrives as the Federal Reserve has been sending mixed signals on a possible change in monetary policy. It

July 14, 2024 2 mins read

Solana Co-Founder Criticizes US Government Over Crypto Regulations

When it comes to the US government’s handling of cryptocurrency laws, Solana co-founder Anatoly Yakovenko has openly criticized the approach. Yakovenko voiced his concerns on the X platform. He likened the government’s attitude to regulation to the chaos in the healthcare industry. Consider the efficiency of the healthcare sector for

July 14, 2024 2 mins read