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Search Results for: DeFi

Binance Witnesses Significant Drop in Market Share, Reaching One-Year Low

According to data from research firm Kaiko, Binance’s market share has approached a one-year low due to increased regulatory scrutiny on the cryptocurrency industry. On June 5, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance and its founder, Changpeng “CZ” Zhao, impacting the largest cryptocurrency exchange.

June 26, 2023 2 mins read

SOL & MATIC Signals Recovery Post SEC Crackdown, Whats Next?

Binance and Coinbase, the leading cryptocurrency exchanges, are facing increased regulatory pressure as the US Securities and Exchange Commission (SEC) cracks down on them. Just recently, the SEC filed a lawsuit against these global cryptocurrency giants. SEC’s filings against Binance and Coinbase shake emerging ecosystem tokens SOL and MATIC. Market

June 26, 2023 1 min read

Amazon Banking on AI, Invests $100M Towards AWS Generative AI Center

Amazon Web Services (AWS) is spending $100 million on a solution to compete with Microsoft and Google in the field of generative AI. Supposedly, the planned AWS Generative AI Innovation Centre would serve as a conduit between Amazon’s AI and machine learning specialists and customers who want to develop cutting-edge

June 26, 2023 1 min read

Third World: The Bottom Dimension – Gabriel Massan and Collaborators’ Exhibition Opens At Serpentine, Powered By Tezos

The immersive exhibition includes user-generated tokens minted on the Tezos blockchain LONDON–(BUSINESS WIRE)–Third World: The Bottom Dimension, an exhibition and video game that deploys tokenized memories minted on the Tezos blockchain, opened today at Serpentine and will run through October 22, 2023. Brazilian artist Gabriel Massan conceptualized the project in

June 26, 2023 6 mins read

Aave Price Surges Over 30% Following Recent Whale Activity

While the crypto market is performing relatively dull, the decentralized lending protocol Aave is showing the most promise among altcoins. At the time of writing, the current price of Aave is $75.17, reflecting a meteoric 32.60% increase over the last 24 hours. Over the last month, the coin’s value has

June 25, 2023 2 mins read

NORDEK Proudly Joins Point Zero Forum 2023 As Prestigious Sponsor

NORDEK, a leading blockchain technology startup, will attend the prestigious Point Zero Forum to demonstrate its ground-breaking blockchain infrastructure for payment processing. NORDEK, with its plethora of revolutionary features, is set to revolutionize payment processing in the digital era. NORDEK is powered by a fast and low-cost EVM-compatible network blockchain.

June 24, 2023 3 mins read

Peter Schiff Says “There’s No Lower Quality Than Crypto”

Peter Schiff, the renowned economist and financial broker, suggests that Bitcoin’s inclusion in the recent rally of highly speculative assets might signal the nearing end of this economic uptick. Schiff, known for his unflinching skepticism towards cryptocurrency, made these claims in a recent tweet, stoking anxieties about the sustainability of

June 24, 2023 2 mins read

VeChain Price Analysis: VET Descending Channel Breakout Shows Bullish Rally

VET (VeChain) has been exhibiting a Descending Channel pattern on the daily time frame, indicating a period of consolidation and potential price reversal. As the price approaches the upper boundary of the channel, a breakout above the resistance area could indicate a shift in the market sentiment and the start

June 23, 2023 2 mins read

Shiba Inu Price Prediction: Recent Price Rally For SHIB And Tradecurve A Bullish Sign?

Amid the recent market downturn caused by the Securities and Exchange Commission’s (SEC) legal actions, the recent price rally for Shiba Inu (SHIB) and Tradecurve (TCRV) has caught the attention of investors and traders. Both tokens have experienced notable price surges, prompting speculation among investors about whether a bullish trend

June 23, 2023 3 mins read