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Search Results for: Cryptocurrency

Canadian Lawmakers Recognize Blockchain as an Emerging Sector

Coinbase, the leading crypto exchange, has shared that Canadian lawmakers have recently released a comprehensive report that unequivocally supports the adoption and integration of blockchain technology. This significant move by the Canadian government marks a pivotal moment in the global blockchain landscape. Moreover, it creates expectations and anticipation throughout the

June 29, 2023 3 mins read

Bitcoin Surges Past Traditional Assets, Showcasing Spectacular Growth in H1 2023

In the first half of 2023, Bitcoin (BTC) stormed the financial markets, boasting an impressive 84% growth rate. Significantly, this rise has outclassed most traditional financial assets. Consequently, the digital currency is no longer simply an alternative but a strong contender for the most profitable investment of 2023. 📈 #Bitcoin

June 29, 2023 2 mins read

Shiba Inu Goes Mainstream in Japan as SBI Group Enables SHIB Trading

SBI Group, a prominent financial service giant in Japan, has taken a major step into cryptocurrency trading. Through its subsidiary, SBI VC Trade, the company has announced plans to offer trading services for Shiba Inu (SHIB), a digital currency inspired by Dogecoin. /今日から3銘柄の取扱い開始📣シバイヌ(SHIB)、ダイ(DAI)、コスモス(ATOM)\ SBI VCトレードでの取扱い暗号資産は全部で【20種類】になりました✨ <7月から提供開始予定>・DAIのレバレッジ取引・ATOMのステーキングhttps://t.co/qfOmiKw716 pic.twitter.com/pnX7UOK9dB — SBI VC

June 29, 2023 2 mins read

KuCoin Implements Mandatory KYC Policy for All Users

KuCoin, one of the largest cryptocurrency exchanges, is implementing stricter identity verification procedures as part of its ongoing efforts to improve its KYC system. To better adhere to international Anti-Money Laundering standards, KuCoin stated on June 28 that it will be upgrading its Know Your Customer (KYC) system. After July

June 29, 2023 2 mins read

Court Rejects FTX Founder SBF’s Plea To Dismiss Criminal Charges

Judge Lewis Kaplan refused Sam Bankman-Fried’s petition to throw out or sever most of the allegations in his thirteen-count criminal indictment, dealing a huge blow. Sam Bankman-Fried is the founder of FTX and Alameda Research. Sam Bankman-Fried (SBF) has been accused of running a multibillion-dollar Ponzi scheme using his crypto

June 28, 2023 2 mins read

Charles Hoskinson Boasts Cardano TVL Growth Amid Volatility

Cardano (ADA) is one of several leading cryptocurrencies whose value has recently plummeted due to the U.S. Securities and Exchange Commission’s (SEC) onslaught on Binance and Coinbase. Cardano’s creator, however, claims that the ADA ecosystem is expanding even if the market is volatile. Cardano’s creator Charles Hoskinson presented data that

June 28, 2023 2 mins read

Blockchain Market – Global Forecast to 2030: Market to Grow at a CAGR of 67.7% to Reach a Value of Over $400 Billion – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Blockchain Market by Type, Platform, Organization, End User, and Geography – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The global blockchain market is projected to reach $403.36 billion by 2030, at a CAGR of 67.7% from 2023 to 2030. Blockchain is a shared, immutable

June 28, 2023 6 mins read

Tether Signs MoU With Georgia To Boost Blockchain Adoption

Tether, the firm behind USDT, the biggest stablecoin, and the officials of Georgia have signed a Memorandum of Understanding (MOU). Because of this collaboration, the country will be able to get closer to its goal of being a worldwide hub for blockchain technology, and the company’s reputation as “a pioneering

June 28, 2023 1 min read

Innovative EVM Layer-2 Solution ‘Rollux’ by SYS Labs Goes Live

Rollux, an innovative EVM Layer-2 solution, has been launched by SYS Labs, a Web3 product suite powered by Syscoin. Rollux presents a unique method of scaling Ethereum that sets SYS Labs apart from its rivals. Rollux is meant to optimize the performance of Ethereum network applications by using the power

June 28, 2023 2 mins read

Crypto’s Insider Problem: 56% of ERC-20 Token Listings Since 2021 Show Signs of Insider Trading

A Solidus Labs study, examining tokens listed on major crypto platforms, also shows how serial insider traders have systematically taken advantage of token listings and announcements NEW YORK–(BUSINESS WIRE)–#blockchain–In a new study, Solidus Labs, a category-definer for crypto and DeFi-native market surveillance and risk monitoring, has found that insider trading

June 28, 2023 3 mins read