Cantor Fitzgerald, a bond and financial services trading business in the United States, is allegedly in talks with Tether about launching a multibillion-dollar lending program backed by Bitcoin. Customers would be able to borrow money using Bitcoin as collateral under the proposed program. According to a Bloomberg article on Saturday,
Pump.fun’s livestream feature has caused major controversy and is the target of criticism. The platform allows users to quickly create meme coins. The feature has been called for removal because of its abuse for extreme content and financial fraud, despite its original intent of helping developers market their ideas. Things
The magic of GameFi has enormous potential, because after all, what gamer wouldn’t enjoy being paid for doing the very thing they love most? We only need to look at the success of eSports to see the truth in that. GameFi expands the concept beyond the very best, professional gamers,
In a settlement with the class action lawsuit, Shaquille O’Neal has consented to pay $11 million. The complaint was filed by holders of the Astrals NFT collection. Judge Federico Moreno must now decide whether or not to approve the settlement. Which was presented as an uncontested proposal on Monday in
Nexo, a leading digital assets wealth platform, has announced the introduction of the industry’s first Personal USD Accounts. These accounts will provide customers in over 150 countries with a streamlined and familiar method to access USD bank transfers directly to and from their accounts, all in their own name. Nexo currently
HashKey Global, a licensed virtual asset exchange, has partnered with Sonic, a layer-2 network in the Solana ecosystem. Sonic will be a Web3 partner of HashKey Global. The two sides will work together around the Solana ecosystem to provide users of digital assets and global players better creative experiences. HashKey Global will
Today, Ripple, the leading digital asset infrastructure provider, has teamed up with Archax, the first UK-based FCA-regulated digital marketplace, and asset manager ABRDN PLC to launch the first-ever tokenized money market fund on the XRP Ledger. Today, in partnership with @ArchaxEx and @abrdn_plc, we’re excited to announce the first tokenized
November has been bullish for cryptocurrencies, with the largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), breaking the crucial $99.6K and $3.5K, respectively. The BTC rally has sparked a surge in all major altcoins, driving them to new highs. Among the altcoins, Chainlink (LINK) has shown solid resilience, surging over 68%
Today, Avalanche (AVAX) has captured attention with a remarkable performance, hitting a seven-month high as Bitcoin reclaims the $98K zone. Over the past 24 hours, AVAX has surged by over 22%, climbing from $38.78 to an intraday peak of $47.63—a level not seen since April. At the time of writing,
Despite announcing plans for expansion in the next year, Axie Infinity maker Sky Mavis has announced the layoff of 21% of its employees. As per a report by TechInAsia, out of around 250 worldwide team members, over 50 are scheduled to be let off. CEO and co-founder Trung Nguyen stated:
