The premier institution for digital assets, Nexo, announced that it has joined the International Association for Trusted Blockchain Applications (INATBA). With the help of INATBA’s well-established connections with important public sectors in finance and regulation, Nexo’s commitment to reshaping the blockchain landscape has advanced significantly with this strategic cooperation. Through this
Zeitgeist, a pioneer in the area of decentralized prediction markets, is pleased to announce the release of its ground-breaking automated market maker (AMM) that is based on the DLMSR (Dynamic Logarithmic Market Scoring Rule). This innovative initiative presents a dynamic liquidity mechanism that has never been seen in the blockchain
The winds of change are flowing through the ever-evolving world of cryptocurrencies, and Ethereum’s dominance might be up against its biggest test yet. Ethereum has been the industry leader in smart contract technology for many years. It powers a wide range of decentralised applications and acts as the foundation of
January recorded heavy selling pressures in the crypto market, disappointing investors, while the NFT sector saw substantial rises. Consequently, NFT collection index prices increased by almost 10% in January, far outperforming Ethereum which increased by little more than 2%. According to renowned cryptocurrency expert Michaël van de Poppe, Ethereum is
Tether, the issuer of the USDT stablecoin, saw an all-time high growth in the surplus reserves supporting its tokens in circulation and a record-breaking $2.9 billion net profit in Q4 2023, according to its latest attestation report completed by global auditing company BDO. The majority of Tether’s net operational profit
FTX, the troubled cryptocurrency exchange under the leadership of Sam Bankman-Fried, has announced its intention to entirely reimburse customers and creditors affected by its bankruptcy proceedings. The company assured the judge overseeing the case that individuals who can substantiate their losses are poised to recover their entire investments. However, the
Ouinex, the secure and high-speed digital asset trading platform, has obtained Virtual Asset Service Provider (VASP) registration from the Polish Financial Supervision Authority (KNF), the company announced in a press release. This achievement stands as a testament to Ouinex’s commitment to compliance and regulatory adherence in the ever-evolving digital asset
Coinbase announced that former UK Chancellor George Osborne would join its board of advisors. Disputes with the U.S SEC and litigation against the cryptocurrency exchange have likely prompted the move. The action by Coinbase further shows that the company is attempting to sidestep U.S regulations as it expands into other
ZachXBT, an on-chain independent investigator reported that a huge breach at Ripple had resulted in the loss of almost 213 million XRP, which is worth about $112.5 million. Major crypto firm’s security practices came under scrutiny after the event, which was revealed on January 31, 2024, caused widespread worry among
The Shibarium Layer-2 network has facilitated over 320 million total transactions while aiming to substantially lower Ethereum-imposed fees, limiting adoption. The mounting developer imprint comes as SHIB prices exhibit early signs of bottoming out following an 85% crash since 2022’s heights. The token has lifted 11% off recent swing lows
