Sat, November 16

Fuse Launches Volt App 2.0 with Crypto Debit Card

The Volt App 2.0 debut has been announced by Fused. With a number of new features, including a cryptocurrency debit card, the most recent iteration of its non-custodial DeFi app transforms it into a decentralized banking ecosystem. A powerful decentralized application, Voltage App offers a full range of financial tools to promote widespread

14 hours ago 2 mins read

Goldman Sachs Reveals $710M Bitcoin ETF Holdings

Goldman Sachs, one of the world’s largest investment banks, has disclosed $710 million in (ETF) holdings in its latest filing with the U.S. Securities and Exchange Commission (SEC). This marks a significant 70% increase in Bitcoin ETF investments since the previous quarter, reflecting the bank’s growing confidence in the cryptocurrency

15 hours ago 2 mins read

Somnia Launches High-Performance 400k TPS Blockchain Devnet

With the debut of its Devnet, Somnia—the dream computer for a fully on-chain world—offered the world a preview of its high-performance blockchain, which is intended to manage reactive mass-consumer apps like as gaming, SocialFi, DeFi, and metaverses. Developers and Web3 users may now independently test the blockchain and evaluate Somnia’s 400k TPS

15 hours ago 2 mins read

Will Bitcoin Extend Its Drop or Hit $100K Target?

After maintaining a 9-day consecutive bullish streak, Bitcoin (BTC) drops over 5.87% in the last 24 hours, falling from a peak of $91,765 to an intraday low of $86,682. However, the flagship cryptocurrency is currently attempting to recover from earlier losses during Asian trading hours. At the time of writing,

16 hours ago 2 mins read

Drift Zone Secures $190K Grant to Bring Reward-Powered Gacha Games to Sei Network

In order to integrate its quickly expanding gaming ecosystem with the Sei network, Drift Zone, the Web3 gaming company creating the next generation of Gacha games, has secured a $190,000 grant. With its Telegram mini-game Drift Zone: Arena already having over 500,000 players, the studio is proving that broad Web3 adoption can be

16 hours ago 2 mins read

South Korea’s FIU Investigates Upbit for 600K KYC Violations

South Korea’s largest cryptocurrency exchange, Upbit, faces an investigation for alleged violations of Know Your Customer (KYC) procedures. The Financial Intelligence Unit (FIU) has flagged between 500,000 and 600,000 identification issues during the review of Upbit’s business license renewal. The FIU uncovered numerous instances of blurred names or incomplete data

17 hours ago 2 mins read

Will Fed Chair Powell’s Rate Cut Policy Impact Crypto Market?

The Asian side of the world woke up to the crypto market’s slight dip in prices. However, on a positive note, prices have steadied their position in the bull run after recent rallies. This clears the path for more progressive growth in the coming days.  Meanwhile, turning eyes to major

24 hours ago 2 mins read

Biden’s SEC Sued by 18 States for Overreach in Crypto Crackdown

Eighteen Republican-led states have filed a lawsuit against the Securities and Exchange Commission (SEC), accusing the agency of overstepping its authority in regulating the $3 trillion crypto industry. They argue that, as a result of the SEC’s enforcement tactics, their rights to manage economic policies are being infringed. Furthermore, the

24 hours ago 2 mins read

Top Memecoin Project in Cabal Arena of TON Memelandia Reaches $100M Market Cap

Memelandia, a decentralized hub aimed to grow its meme coin environment,  introduced by the Open Network (TON). This initiative makes use of TON’s Telegram integration to boost meme activity on the platform. Additionally, TON Memelandia announced the start of its Memecoin Battles, in which memecoin communities, token developers, and traders would vie

November 15, 2024 3 mins read

Royal Bhutan Government Sells 367 Bitcoin on Binance

Bhutan has been quietly mining Bitcoin since 2021. Using its hydropower, Bhutan runs low cost, sustainable mining operations and has accumulated over 12,200 BTC, worth about $1.11 billion, making it one of the largest government holders of Bitcoin. Why Bhutan Is Selling Bitcoin According to Arkham Intelligence, Bhutan moved BTC

November 14, 2024 2 mins read