Russian President Vladimir Putin has been asked to help with the legalization of crypto payment businesses. The request is approached through the annual report of Russia’s Business Ombudsman, Boris Titov from the Kremlin. However, cryptocurrencies like Bitcoin (BTC) and others are decentralized and it hasn’t yet been legalized in Russia
Binance Futures, one of the leading cryptocurrency derivatives exchanges, has announced the closure and delisting of the LUNC Perpetual Contract. The closure will be accompanied by an automatic settlement of all positions, ensuring a smooth transition for traders. This decision is part of Binance’s continuous efforts to optimize its product
According to recent reports, billionaire entrepreneur and Tesla’s chief, Elon Musk, entangled in legal difficulties. A suit lodged in Manhattan’s federal court alleges that Musk engaged in market manipulation and insider trading of Dogecoin, a widely recognized memecoin. This recent drama showcases a power clash between the outspoken billionaire and
On June 8, 2023, Circle, a pioneering fintech company in the digital currency industry, is set to launch the USD Coin (USDC) natively on the Arbitrum platform. This remarkable development seeks to offer users seamless, robust, and frictionless interaction. 1/ Circle is launching USDC natively on @Arbitrum on June 8th!
Cowen Digital, the cryptocurrency division of American independent investment bank TD Cowen, has been shut down a little over a year after its establishment, for reasons that have not been made known. In March 2022, the international bank established Cowen Digital to provide institutional customers access to the cryptocurrency market
In May, Bitcoin mining revenue achieved a significant milestone, reaching $916.6 million, representing a notable month-over-month increase of 13.7%. The Block’s Data Dashboard reveals that this figure includes transaction fees totaling over $120 million. The surge in transaction fee revenue can be attributed to increased on-chain activity, primarily driven by
The Formula One racing team Oracle Red Bull Racing has formed a cooperation with layer-1 blockchain protocol Sui Network. As stated in the press release, Sui Network has been selected as the team’s blockchain partner and will be collaborating with the organization to create innovative digital content for the group’s
As AI spreads its wings across various domains, the crypto industry finds itself increasingly under its watchful gaze. Two artificial intelligence enthusiasts have developed an AI chatbot called “Talk2Satoshi” that seeks to recreate the experience of conversing with Bitcoin’s creator, Satoshi Nakamoto. “Talk2Satoshi” is based on OpenAI’s ChatGPT model and
Dogecoin (DOGE) has experienced an exceptional and unexpected surge in its daily transaction activity this month. The cryptocurrency, which gained popularity due to its meme-inspired origins and dedicated community, observed an astounding 8,220% rise in daily transactions. The number of transactions skyrocketed from around 25,000 to a peak of 2.08
With many buyers looking to diversify their investment portfolios, two projects have recently managed to capture the crypto spotlight: Shiba Inu (SHIB), one of the most well-known meme-tokens, and Tradecurve (TCRV), which is an up-and-coming top-tier trading platform currently in its presale phase. Today, we will take a closer look
