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Search Results for: Ethereum

Immutable Integrates Transak for Web3 Gaming Payments

For its zero-knowledge Ethereum Virtual Machine (zkEVM), Web3 gaming company Immutable is integrating Transak as its only payment service provider. Gaming ecosystems will soon be able to accept fiat and Web3-based payments directly via the service. Both the Immutable Checkout and the Immutable Passport will include Transak’s services. The former

December 11, 2023 1 min read

Bitget Makes A Multimillion-Dollar Investment in Layer 2 Consumer-centric Blockchain Morph

Victoria, Seychelles, December 11th, 2023, Chainwire  Morph, a Layer 2 consumer blockchain for value-driven dApps, announced the closing of a multimillion-dollar investment from the Web3 and cryptocurrency trading platform Bitget.  “Morph has a stellar team endowed with experience, a vibrant multicultural approach, and industry-leading strategic capabilities for fostering mass adoption.

December 11, 2023 3 mins read

Tron Founder Justin Sun Announces Airdrop on 200M Users Milestone

Tron Network, founder Justin Sun has unveiled plans for a grand airdrop celebration, commemorating the platform’s achievement of reaching 200 million users. The airdrop, set to be executed through Binance Square’s Red Packet feature, serves as a token of gratitude to the vibrant user community that has consistently supported Tron,

December 11, 2023 2 mins read

Solana Witnesses Correction as Crypto Market Turns Negative

The co-founder of Solana, Anatoly Yakovenko, recently reflected on the path that culminated in the establishment of Solana, a cryptocurrency project with a value more than $30 billion.  The Twitter post by Yakovenko commemorates the six-year anniversary of his fundraising efforts for Solana (SOL), the project he started on December

December 11, 2023 2 mins read

Goldman Sachs Revises Fed’s First Interest Rate Decrease Prediction

Reuters reported on Monday that investment firm Goldman Sachs revised its prediction for the first interest-rate decrease by the Federal Reserve from Q4 to the Q3 of next year. This change occurs at a time when the cryptocurrency market as a whole, and bitcoin in particular, have been experiencing a

December 11, 2023 1 min read

Pension Fund M&G Invests $20M Into UK Crypto Derivatives Platform GFO-X

M&G Plc, an enormous London-based pension fund, recently invested $20 million into a British crypto derivatives trading platform, GFO-X. A cryptocurrency derivatives trading platform located in the United Kingdom, GFO-X, has received a $20 million investment from M&G Investments, the asset management division of pension behemoth M&G Plc. In the

December 11, 2023 2 mins read

Bitcoin Price Plunges Over 5%, Find Out Why

A turbulent start to the week as major cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), faced a bearish trend in intraday trading. BTC saw a significant dip of over 5% in the 24 hours, reaching a low of $41,649 before recovering to $42,510, as per CoinMarketCap data. Data from CoinGlass revealed

December 11, 2023 1 min read

UK NAO Criticizes FCA Over Delayed Action on Crypto Sector

The United Kingdom’s National Audit Office (NAO) has voiced doubts over the FCA’s ability to effectively oversee the cryptocurrency market. According to the NAO’s latest report, “Financial services regulation: adapting to change,” the FCA is allegedly dragging its feet when it comes to responding to and prosecuting illegal activity inside

December 11, 2023 2 mins read

Google Tightens Grip on Crypto Ads With New Policy Update

As part of its ongoing effort to improve its advertising standards, Google has now announced changes to its crypto advertisements policy that target Cryptocurrency Coin Trusts in particular. Financial instruments known as Cryptocurrency Coin Trusts provide the easy trading of shares in trusts holding large amounts of cryptocurrencies. However, instead

December 10, 2023 1 min read

Cathie Wood Led Ark Invest Dumps Multiple Crypto Firms Shares

It was reported on December 8 that Ark Invest, which is managed by Cathie Wood, sold 335,860 shares of Coinbase (COIN) for $49 million. There were sales of 326,925 Coinbase shares by the ARK Innovation ETF (ARKK), 2,367 COIN shares by the ARK Next Generation Internet ETF (ARKW), and 6,568

December 9, 2023 1 min read