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Search Results for: Cryptocurrency

Avalanche partnership with Amazon web services Spikes AVAX price

The price of Avalanche has risen by 33.52% in the past seven days. The price declined by 1.11% in the last 24 hours. In just the past hour, the price grew to $16.86. The day’s high reached $17.28, and the low dropped to $16.22 A tweet about Avax revealed that

January 17, 2023 2 mins read

Founders of Insolvent Three Arrows Starting New Exchange ‘GTX’

As per reports, Su Zhu and Kyle Davies, the founders of the insolvent cryptocurrency hedge fund Three Arrows Capital (3AC) and the cryptocurrency exchange CoinFlex, respectively, are looking to raise $25 million to start a new exchange called GTX. Bankrupt crypto businesses including Mt. Gox, Celsius, BlockFi, and the most

January 16, 2023 2 mins read

Brazil’s Bradesco Tokenizes First Batch of Bank Credit Notes

As one of the first Brazilian organizations to use blockchain technology. Bradesco, a major financial institution in Brazil and Latin America, has joined the cryptocurrency revolution. On January 13, 2023, the bank said that, as part of a pilot study to evaluate the viability of these technologies. It has tokenized

January 16, 2023 2 mins read

Crypto.com Signs 8-year Carbon Emission Deal With Climeworks

Cryptocurrency projects are beginning to focus on long-term viability. Since last year, when Ethereum made the switch to the PoS consensus method, it has become more eco-friendly and uses less energy. There have been other industrial ventures moving in a similar fashion. A leading cryptocurrency exchange, Crypto.com has been dedicated

January 16, 2023 2 mins read

Monex Group Seeks Interest To Buy FTX Japan Despite Bankruptcy

Being a popular investment advisory firm, Monex is seeking interest to purchase the FTX Japan. Surprisingly, the firm is showing interest to buy FTX, during its bankruptcy proceedings. In addition, this Japanese FTX is one of the subsidiaries of FTX crypto exchange which is up for sale in the market. 

January 16, 2023 2 mins read

Solana (SOL) Enters Top 10 Crypto List as Market Bounces Back

Solana, whose value dropped by more than 80% in only one year, is enjoying a banner year in 2023. According to CMC, the price of SOL has increased by more than 58 percent in the previous week, bringing the total price increase for the month to more than $23.70. In

January 16, 2023 1 min read

Interesting Twitter Feature – Price Chart for 30 More Cryptocurrencies Is Added

Twitter is a wide and a popular social media platform which connects people worldwide, especially crypto networks. After the purchase by Elon Musk, there were some interesting updates on Twitter. One among them is the price chart of cryptocurrencies on the search results. In order to enhance the user experience,

January 16, 2023 2 mins read

Decentraland (MANA) Price Surges 20.78% on Continuous Partnerships

Over the past few days, the price of the metaverse project Decentraland (MANA) surged early Friday as metaverse tokens became the best-performing digital assets since the start of this year. The proliferation of partnership arrangements is one of the primary forces at work behind the current upward trend in the

January 16, 2023 2 mins read

Bank of Thailand To Legalize Virtual Banks by 2025 To Boost Economy

The Bank of Thailand has announced that it would finally legalize virtual banks in the nation. A Bloomberg report forecasts that by 2025, financial institutions would be able to provide their services. The central bank’s “Consultation Paper on Virtual Bank Licensing Framework” states that by the end of 2023. Applications

January 16, 2023 2 mins read

Harmony Bridge Exploited Funds on the Move by Lazarus Group

This weekend, the Lazarus Group was busy redistributing the stolen funds from the Harmony Bridge breach. The cryptocurrency exchanges involving substantial sums of Ether were documented by blockchain detective ‘ZachXBT‘ on January 16. Tornado Cash, an anonymous cryptocurrency service, was the initial source of the crypto funds that were processed

January 16, 2023 2 mins read