The non-profit organization of the Ethereum blockchain, Ethereum Foundation, will release an updated financial report, as per the official statement. The organization’s treasury has witnessed a significant reduction, with its main wallet holding approximately $650 million. This represents a steady decline in the foundation’s holdings since March 2022. At that
According to BitMEX co-founder and former CEO Arthur Hayes, Bitcoin prices may not react positively to interest rate reduction from the Federal Reserve. According to a post by the Maelstrom chief investment officer on X on September 2, Bitcoin values have been struggling and declining since Federal Reserve Chair Jerome
A survey found that among countries throughout the world, Singapore has the highest rate of cryptocurrency adoption. With Hong Kong and the UAE following closely behind. Researching the current status of cryptocurrency adoption across nations, the Henley Crypto Adoption Index 2024 was published by the investment migration consulting company Henley
Hamster Kombat, a fast-growing Telegram-based crypto game, is making waves in the gaming world with its unique play-to-earn model. Launched in March 2024, the game has quickly gained traction, attracting over 300 million players within its first five months. Hamster Kombat brings players into the role of a hamster CEO
As market volatility becomes the norm, investors are increasingly seeking safe havens for their assets outside of traditional options like the S&P 500. Historically, assets like gold, real estate, and government bonds have served as refuges during economic downturns. However, as markets continue to evolve, the need for alternative investment
The launch of “Project X” is proudly announced by Qubic, a cutting-edge distributed ledger technology based on quorum that also has an AI platform in development. With this initiative, major features and upgrades are introduced to promote long-term community development. It will improve revenues, balance emissions, and support community driven development. A Thriving
Herring Global, a rapidly expanding leader in digital asset trading and liquidity provision, is pleased to announce two significant additions to its executive team. Christian Fischer has been appointed as the new Chief Technology Officer, and Benjamin Toh has joined as the Head of Compliance/MLRO. Christian Fischer joins Herring Global
The crypto market is struggling to sustain the bullish momentum. Overall crypto market cap noted a brief spike at the opening of the day. Currently, it has fallen by 0.27%. Along with, the top meme coins in the market are priced in red. Among them, the dog-themed meme coin FLOKI
Blockchain technology has begun to see extensive incorporation in several fields over the past months. With increasing awareness of cryptocurrency and blockchain technology, other sectors are identifying ways of integration. Recently, Singapore-based DBS bank launched the pilot of its blockchain-based government grants. Notably, the bank has immersed itself in blockchain
Floki Inu has recently introduced a new DAO proposal, recommending a $200,000 investment from its treasury into Simon’s Cat Token. This proposal signifies a strategic move aimed at expanding Floki Inu’s investment portfolio and supporting promising new projects in the crypto space. According to the official Floki Inu page, the
