Wed, September 25

What is GROK? Is the Elon Musk-Inspired Token Scam?

The price of the memecoin named after Elon Musk’s artificial intelligence project, “Grok,” has taken a nosedive, plummeting by over 74%. The sharp decline followed the tweet from blockchain sleuth ZachXBT, who alleged that the token’s social media presence was reused from a previous scam token project, specifically pointing out

November 14, 2023 2 mins read

Brave Browser Partners with Inspect to Redefine Web3 Browsing

Leading the charge in the Web3 domain, Inspect partnered with Brave Browser to offer a seamless browsing experience for millions of users seeking enhanced privacy and accessibility. Inspect, a leading player in the Web3 landscape, has teamed up with Brave, renowned for its privacy-focused web browser, which has carved out

November 11, 2023 2 mins read

Why Crypto Market is Pumping? This Could be the Reason

In the past 24 hours, the broader cryptocurrency market has displayed a significant comeback, surging by an additional 2%. The total market capitalization has now surpassed the $1.4 trillion mark, indicating that the crypto sector continues to exhibit substantial strength. This bullish trend persists despite recent statements from Federal Reserve

November 10, 2023 2 mins read

47 Nations Commit to Crypto Framework Implementation by 2027

In a groundbreaking move, 47 national governments have committed to the swift transposition of the Crypto-Asset Reporting Framework (CARF), an international standard for the automatic exchange of information between tax authorities. The joint pledge, published on November 10, reflects a collective effort to bolster tax compliance and combat tax evasion

November 10, 2023 2 mins read

Standard Chartered and SBI Dive Into Crypto With $100M Venture

In a strategic move, Standard Chartered’s investment arm, SC Ventures, and Japanese financial conglomerate SBI Holdings have unveiled plans to establish a $100 million crypto-focused joint venture in the United Arab Emirates (UAE). The collaboration aims to delve into various sectors within the crypto space. It includes decentralized finance (DeFi),

November 9, 2023 1 min read

SEC Chair Gary Gensler Roots for FTX Comeback

Securities and Exchange Commission (SEC) Chairman Gary Gensler has expressed a cautiously optimistic perspective regarding the potential revival of the defunct cryptocurrency exchange, FTX. Gensler’s remarks came during a discussion at DC Fintech Week, where he underlined that a reinvigorated FTX could succeed if its new leadership operates with a

November 9, 2023 2 mins read

HSBC Expands Services with Tokenized Securities Custody Offering

HSBC, one of the world’s leading financial institutions, has unveiled its plans to enter the rapidly growing digital asset market. In a strategic move, the bank is set to offer a comprehensive custody service for digital assets, including tokenized securities. This new venture is being developed in collaboration with the

November 8, 2023 1 min read

Cryptocurrencies Under $10 That Can Explode in Q4, 2023: Polkadot, Everlodge, Aptos

Investors and traders are diversifying with Polkadot (DOT), Aptos (APT), and Everlodge (ELDG) after their impressive recent on-chart performance. Each crypto entered the green zone and is projected to provide significant ROI for investors who jump into it now. But which one can see the most significant gains by the

November 8, 2023 3 mins read

Dubai Issues a Deadline for Crypto Projects

Dubai’s Virtual Assets Regulatory Authority (VARA) has declared a crucial deadline for cryptocurrency firms seeking to operate under its new regulatory framework. According to VARA’s announcement on Tuesday, all digital asset service providers in Dubai “must complete” their licensing applications by November 17, 2023. VARA revealed that it has already

November 8, 2023 1 min read