Mon, August 4

Gbitcoins Offers New Option by It’s Cloud Mining Service

With the rise in the wide adaptability of cryptocurrencies, there is an emerging need to generate ways to earn from these coins. Founded in 2016, Gbitcoins is one of the earliest companies that provide cloud mining services by taking minimum charges and giving lucrative rewards to the miners. Thus cloud

May 10, 2023 3 mins read

Binance Announces Support for Upcoming GALA V2 Airdrop

Token holders in the Gala Games ecosystem will shortly get new $GALA V2 tokens in exchange for their existing $GALA at a rate of 1:1. Despite Coinbase’s decision to avoid the $Gala (GALA) contract swap, the biggest cryptocurrency exchange in the world, Binance, has opted to support the airdrop. On

May 10, 2023 1 min read

Galaxy Digital Moving Out of U.S Amid Regulatory Uncertainty

Galaxy Digital, a leading cryptocurrency investor, is the latest significant player to leave the United States in response to the recent governmental onslaught. CEO Mike Novogratz of Galaxy Digital made the decision to relocate the company’s operations on Tuesday, May 9. He cited the challenging regulatory climate in the United

May 10, 2023 2 mins read

USDT Stablecoin Issuer Tether Reports $1.48B Net Profit in Q1 2023

Tether Holding Limited, a stablecoin issuer, has announced that its reserves surplus has increased to $2.44 billion, a $1.48 billion up in net profit. Many digital assets had a dramatic gain in value during this time, which may be attributed to the general revival of the crypto market. Tether's Latest

May 10, 2023 2 mins read

Crypto Market Rallies as U.S CPI Inflation Comes in at 4.9% for April

According to the US Bureau of Labor Statistics, annual inflation in the United States for April came in at 4.9%, which was lower than the consensus estimate of 5%. In addition, after increasing by 5.6% in March, the annual core inflation rate declines to 5.5% in April. As a consequence,

May 10, 2023 1 min read

BobaBNB Surpasses 45,000 Wallets With Record 2.8 Million Transactions in April

A record 2,863,240 transactions were handled on the BobaBNB platform in April, according to Boba Network, the only multichain Layer 2 (L2) solution and the only active L2 on the BNB Chain. This is an increase from 585,818 transactions in March and 99,362 transactions in February. BobaBNB now processes more

May 10, 2023 2 mins read

Binance To Oversee “Crypto Performance” Before Delisting Tokens

Binance, the largest crypto exchange in the world, will oversee the performance of  “no-progress projects” (high-volatility digital tokens) before directly delisting them.  Today, Binance CEO Changpeng Zhao, CZ, tweeted that the exchange will move the no-progress cryptocurrencies to Innovation Zone and monitor the performance of the token. Binance may delist

May 10, 2023 2 mins read

Venom Partners With Kenyan Government to Launch a Blockchain Hub

With their recent testnet launch and hackathon, Venom has garnered a lot of attention, and now they’ve inked an MOU with the Kenyan government to establish a blockchain center in Kenya dedicated to the development of Web3 apps. The strategic agreement between the Venom Foundation and the Government of Kenya would

May 10, 2023 3 mins read

Bybit’s Diverse Product Launch Attracts 50% More Users, Reaching 15 Million

Bybit, one of the world’s largest cryptocurrency exchanges, doubled its user count within two quarters. From 10 million users in Q3 of 2022, the exchange jumped to 15 million users in May 2023. This 50% growth is estimated to be due to the introduction of various divergent and user-engaging products

May 10, 2023 2 mins read

Shiba Inu Token Price Drops Amid Selling Pressure: What’s Next?

Shiba Inu (SHIB) has been experiencing significant selling pressure in recent weeks. After hitting $0.00001018 in early May, the token has been on a downward trend, causing concern among its investors. At the time of writing, SHIB was trading at round $$0.000008885 , a far cry from its all-time high

May 10, 2023 2 mins read
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