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Search Results for: Cardano

Zilliqa Network Restored After Several Attempts Post Multiple Outages

Multiple recent operational outages on the Zilliqa network have affected mainnet block production. Nevertheless, the network is fully operational again as of May 10th, and the reason for this is still being investigated. After brief interruptions to block production on mainnet, Zilliqa informed the community that the network was back

May 10, 2024 1 min read

IMF Pushes for Licensing Crypto Exchanges for Economic Overhaul in Nigeria

One component of Nigeria’s economic reform package is a recommendation from the International Monetary Fund (IMF) to license international crypto exchanges. A recent report by the International Monetary Fund states that the goal of Nigeria’s effort to include crypto into its financial system is to solidify the country’s position in

May 10, 2024 1 min read

Altcoins Take the Spotlight as Crypto Market Soars Over 10%

The global crypto markets have witnessed a notable rebound following a jumble period, with Bitcoin spearheading the recovery by surging over 15.2% from its recent lows experienced at the beginning of May ($56,715). Climbing above $65,350 for the first time since April 24, Bitcoin’s resurgence has infused renewed optimism into

May 6, 2024 2 mins read

Crypto.com Accelerates Advertising with Grand Prix Sponsorships

Sports advertising on crypto.com, a leading exchange in the cryptocurrency ecosystem, is about to increase. Among the exchange’s goals in its quest for international prominence is the expansion of its dominance. Bloomberg states that Steven Kalifowitz, chief marketing officer of Crypto.com, has acknowledged the company’s intentions to ramp up its

May 5, 2024 2 mins read

Bitfinex Data Breach Raises Concerns Amid Doubts on Hack’s Veracity

The devastating revelation of a massive data breach has shocked the world-renowned crypto exchange Bitfinex. A breach involving 2.5 terabytes of data has reportedly occurred, exposing sensitive information belonging to almost 400,000 consumers. Because of the previous attack, people are understandably worried about the safety of their accounts and funds,

May 5, 2024 2 mins read

SEC’s Impending Ethereum ETF Decision Underwhelms Industry Expectations

The U.S Securities and Exchange Commission’s (SEC) judgment on Ethereum ETFs is imminent, and professionals in the field are becoming more skeptical. Crypto analyst Michaël van de Poppe has voiced his skepticism on the May approval of Ethereum Spot ETFs, taking the lead in the discussion. Michael Saylor, CEO of

May 3, 2024 2 mins read

Michael Saylor Criticizes Ethereum, Foresees No Spot ETF Approval

A strong Bitcoin advocate, Michael Saylor, executive chairman of MicroStrategy, has said that Ethereum is a security rather than a commodity. At the MicroStrategy World 2024 conference on Thursday, May 2, he made some remarks on ETH. Michael Saylor did not stop at criticizing Ethereum and labeling it a security;

May 3, 2024 1 min read

PayPal and MoonPay Collaboration Expands Crypto Options for US Users

United States users may now purchase and trade more than a hundred different cryptocurrencies, including Bitcoin and Ethereum, using PayPal transactions via wallet, bank transfers, or debit cards, thanks to the new collaboration pact between MoonPay and PayPal. A variety of digital assets, including Bitcoin, Ethereum, Litecoin, PayPal USD, and

May 2, 2024 2 mins read

Top 10 Altcoins To Watch in May 2024

The altcoin segment has banked ~$1 trillion in Market Cap. It houses a trading volume of over $71 billion at the time of articulating this piece. There are almost 37,623 altcoins in the market, making it difficult to choose the one that best fits current conditions. Therefore, a short list

May 2, 2024 3 mins read