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Chainlink Rolls Out Private Blockchain Transactions for Financial Institutions

Today, Chainlink announced the launch of its Private Transactions feature within the Cross-Chain Interoperability Protocol (CCIP), supported by Chainlink’s new Blockchain Privacy Manager. According to an announcement shared on X (formerly Twitter), this CCIP Private Transactions feature allows financial institutions to connect to the multi-chain economy while ensuring data confidentiality,

October 22, 2024 2 mins read

Spot Bitcoin ETF Options Debuts With Significant Trading Volume

Bitcoin Slides to $66K After Bull Run Encounters Resistance at $69K

The overall crypto market has encountered a mild speed bump as the market cap has turned toward a bearish end. Meanwhile, the crypto regulatory landscape has shown some activity with Coinbase filing a FOIA request on US regulators. On the other hand, Bitcoin has incurred a modest price dip. Other

October 22, 2024 2 mins read

Coinbase Files FOIA Requests on U.S. Crypto Regulations

Coinbase has intensified its push for regulatory transparency, filing two Freedom of Information Act (FOIA) requests against U.S. agencies. The exchange aims to shed light on the growing restrictions faced by banks dealing with crypto deposits. It particularly targets the Federal Deposit Insurance Corporation (FDIC) and other regulators involved in

October 22, 2024 2 mins read

ApeCoin Moves Tokens to Prominent Accounts Amid Price Rally

Several memecoins have risen to prominence over the past few weeks. This has led to speculations of a returning memecoin season. The largest memecoin and Elon-Musk endorsed DOGE has shown significant surges in the past weeks. Specifically, ApeCoin has shown significant price surges over the weekend. The official ApeCoin account

October 22, 2024 2 mins read

CoinSwitch CEO Alleges WazirX With Moving $75M User Funds Post Hack

After nearly two months of the WazirX hack, there has been no sign of fund recovery yet. Meanwhile, the Indian crypto exchange, CoinSwitch, which recently sued WazirX, has released information related to the WazirX hack. On the other hand, other leading exchanges also witnessed hacks in recent weeks. Notably, CoinSwitch

October 21, 2024 2 mins read

Bridge Acquired by Stripe in Historic $1.1 Billion Crypto Deal

Stripe has acquired stablecoin platform Bridge in a landmark deal valued at $1.1 billion. TechCrunch founder Michael Arrington confirmed the news on X, making it Stripe’s largest acquisition ever. The deal also stands as the biggest acquisition in the history of the cryptocurrency industry. Bridge provides software that allows businesses

October 21, 2024 2 mins read

Is Bitcoin Set for a Pullback After Reaching All-Time High at $93K?

Bitcoin Teases $69K Briefly As Bull Run Establishes Its Dominance

The Asian end of the crypto community has woken up to good news as Bitcoin bulls sprung to new actions. Meanwhile, a recently launched meme token, Apecoin, has stirred market attention with its significant price breakouts. Several traders made notable profits by swapping the token over the weekend. Specifically, Bitcoin

October 21, 2024 2 mins read

UAE’s RAK DAO to Launch Legal Framework for DAOs

The UAE’s Ras Al Khaimah Digital Assets Oasis (RAK DAO) plans to introduce a legal framework for decentralized autonomous organizations (DAOs). This framework will be discussed at the DAO Legal Clinic, an event organized by the law firm NeosLegal, on October 25. Significantly, the new framework aims to clarify the

October 18, 2024 2 mins read

Will Ethereum (ETH) Hold the $3K Line or Drop Below?

Is Ethereum Ready for a Breakout Above $2.6K?

Ethereum, the largest altcoin, is currently trading at $2,619, marking a 0.63% decline from its 17-day high of $2,688 three days ago. Despite the drop, Ethereum is up 9% over the past week. However, trading volume has decreased by 7%, signaling a potential shift in market sentiment. Ethereum’s price has

October 18, 2024 2 mins read

Worldcoin’s World Chain Goes Live as It Rebrands to World

The regulatory landscape in crypto has taken a turn for activity today, as several announcements have been made. The US SEC made a last-minute appeal in the Ripple case, while the FBI arrested the regulator’s January 2024 X account hacker. Meanwhile, prices have remained bullish but haven’t shown major upward

October 18, 2024 2 mins read