In spite of Hong Kong’s efforts to become Asia’s cryptocurrency capital, major financial institutions remain hesitant to join the trend. According to the most recent FT article, Hong Kong’s banking regulator has been putting pressure on major banks. These include Standard Chartered and HSBC for working with cryptocurrency exchanges. The
Crypto exchange Binance now offers Bitcoin mining subscription services. For those who want to mine Bitcoin but don’t have the gear, Binance’s cloud mining services are now available for the purchase of hashrates as of June 15. The “hashrate” is the computational capacity needed to verify Bitcoin transactions on the
In a groundbreaking move, the Baby Doge Coin (BABAYDOGE) community and team have embarked on a massive token burn, resulting in the destruction of over 206 quadrillion (50.93%) BabyDoge tokens. This unprecedented initiative has set the stage for a surge in value and renewed investor interest in the memecoin. According
Jack Dorsey, the co-founder of Twitter, is a staunch advocate for the advancement of the Bitcoin (BTC) protocol. And he has recently pledged funding to Brink, a Web 3.0 hub that provides support to the Bitcoin network’s developers. According to the blockchain firm, Jack Dorsey has pledged a total of
In a significant shift for the global crypto market, the total market capitalization has seen a decline of 3.83%, reaching $1.02 trillion. This marks the first time since mid-March 2023 that the crypto market cap has experienced a notable downturn. The downturn is likely to raise concerns among investors and
In a recent revelation, DWF Labs, the globally recognized digital asset market maker and Web3 investment firm announced a strategic partnership with TRON. TRON, a leader in blockchain technology, focuses on internet decentralization via decentralized applications (dApps). Consequently, DWF Labs will now serve as TRON’s liquidity provider, significantly boosting its
Trust Wallet Token (TWT) encounters a substantial surge, witnessing a remarkable daily increase of over 10% in its value. TWT currently sits at a price of $0.8442, accompanied by a trading volume of $79,786,160 within the last 24 hours. During this period, TWT has experienced a significant increase of 10.90%
Solana’s journey presents a striking contrast in an era where decentralization dominates. Besides its initial success in Decentralized Finance (DeFi), Solana’s total value locked (TVL) saw a depreciation since the dawn of 2022. While @Solana's TVL has depreciated since the beginning of 2022, it's important to note that TVL is
The topmost cryptocurrency, Bitcoin (BTC) has seen a deep fall from nearly $30K to the value of $25,137.80, currently. Meanwhile, before 2 hours, BTC has fallen below $25K ranging to $24,902.15 when its trading volume was reported at $11.95 billion. Furthermore, 92.39% of BTC exists in the current circulation from
Shytoshi Kusama, the creator of the popular memecoin Shiba Inu (SHIB), has tweeted about an upcoming update. The mysterious tweet has sparked anticipation and curiosity among crypto enthusiasts. Memecoin has gained significant attention in the crypto community. Something physical is coming. #shib #shibarmy pic.twitter.com/XuAe2AkpJw — Shytoshi Kusama™ (@ShytoshiKusama) June 14,
