Thu, October 31

Crypto Market Reacts Positively on U.S Inflation Rising by 3.7%

U.S. inflation reached 3.7% annually in August, according to the latest CPI statistics issued today by the U.S. Bureau of Labour Statistics, which beat the consensus expectation of 3.6%. Inflation has risen for two months in a row, according to the most recent figures. The Consumer Price Index (CPI) rose

September 14, 2023 1 min read

India Dominates Crypto Adoption: Chainalysis

Blockchain analysis platform Chainalysis unveiled its Global Crypto Adoption Index for 2023, revealing that India has surged to the top spot in terms of cryptocurrency adoption despite grappling with a challenging regulatory and tax environment. This marks a two-spot rise from its position in the previous year’s rankings. The report

September 13, 2023 3 mins read

Tencent Cloud Launches Blockchain RPC with Ankr for Web3

Tencent Cloud, the global tech giant’s cloud arm, has made a significant stride into the Web3 space with the launch of Tencent Cloud Blockchain RPC. Developed in collaboration with blockchain service provider Ankr, this offering is set to redefine Web3 infrastructure and support Web3 developers in their quest for reliability

September 13, 2023 2 mins read

Trust Wallet’s Security Scanner Foils $10.4M Scam Attempts, Protecting Users

Recent news revolving around the Trust Wallet reveals the crypto wallet’s robust security scanner has successfully prevented users from falling victim to scams, protecting funds worth $10.4 million in the past 30 days. This commendable feat not only ensures the financial safety of users but also eliminates the distress that

September 12, 2023 2 mins read

Banana Gun’s BANANA Token Faces Crisis Amid Contract Bug

Banana Gun, a crypto project, recently disclosed a critical flaw in its smart contract. Despite undergoing two audits, the team only discovered the bug after the project’s launch. The glitch enabled users to sell their assets while still holding tax tokens, causing a flash crash in the value of its

September 12, 2023 2 mins read

Coinbase CEO Shares Idea for Web3 Version of LinkedIn

Coinbase’s, the leading crypto exchange, co-founder Brain Armstrong recently shared ten promising idea proposals on August 30. Following that, Coinbase’s co-founder tweeted that he had received more than 150 project applications for the ten promising ideas. Moreover, he added an 11th start-up idea in the tweet. We've gotten more than

September 6, 2023 2 mins read

India’s G20 Presidency Propels Global Crypto Regulation

India has taken center stage as it currently presides over the G20, a pivotal forum comprising the world’s major economies. Amidst its diverse initiatives encompassing startups, cybersecurity, and disaster risk management, India’s call for a unified approach to address the complexities of cryptocurrencies has caught the attention of the global

September 5, 2023 2 mins read