The SEC vs Binance lawsuit has begun to take its toll on the cryptocurrency market. Shockingly, on Monday, the market lost nearly $52.7 billion in just an hour after the announcement. In the last 24-hour window, the exchange’s withdrawals on Ethereum exceeded the deposits by $778.6 million, as reported by
Illuvium, an Ethereum blockchain video game developer, and GameStop, a video game and consumer electronics company, announced on June 5 that they will be working together to release a collection of 20,000 non-fungible tokens (NFTs) on June 12. Developers claim that each “Illuvitars” NFT is a “dynamic collectible work of
Cboe Global Markets was granted permission to provide margin Bitcoin and Ether futures contracts to its cryptocurrency customers on Monday, June 5. When it comes to Bitcoin futures contracts, Cboe was an early adopter. To provide both physically settled and financially settled margined products beginning in the second part of
Not only Asia’s largest Web3 event, this year’s conference is expected to be the world’s largest of its kind TOKEN2049 has already surpassed last year’s registration and sponsorship numbers with numbers steadily climbing ahead of September Speaker highlights include prolific entrepreneur Balaji Srinivasan; Ethereum Co-Founder Joe Lubin; Galaxy Digital CEO
The global cryptocurrency market has been significantly jolted, including digital currencies such as Bitcoin (BTC) and Polygon (MATIC). This disturbance is mainly due to the recent measures undertaken by the U.S. Securities and Exchange Commission (SEC) against Binance, a leading cryptocurrency exchange. Market Instability and Dipping Prices Bitcoin, the leading
According to data compiled by CryptoRank Platform, the combined TVL of all blockchains experienced a slight decline in May 2023. This trend suggests a slow rate of capital infusion into DeFi projects compared to previous months. TVL Performance on Multiple Networks in May The combined total value locked (TVL) of
Online interest in “crypto” and other commonly used cryptocurrency keywords has slumped to late 2020 levels, after a two-month slowdown in cryptocurrency excitement. The phrase “crypto” presently has a score of 17 on Google Trends, which is much lower than the reference point of 100 in May 2021. Both Bitcoin
There was a substantial increase in May of over 1,400 net installations of Bitcoin and cryptocurrency ATMs, despite a worldwide decrease in 2023. The number of crypto ATMs steadily declined over the first four months of 2023. While crypto ATM installations skyrocketed in countries like Australia, Poland, and Spain, bigger
In the annals of finance, women have long fought for recognition and representation. From the pioneering economist Joan Robinson, whose groundbreaking contributions to post-Keynesian economics challenged conventional wisdom, to the indomitable Wall Street veteran Muriel “Mickie” Siebert, the first woman to hold a seat on the New York Stock Exchange,
Microsoft has inked a contract with CoreWeave, a cloud computing infrastructure provider and former Ethereum miner. This is to power Microsoft’s AI-driven services. CNBC reported on June 1 that, based on information from “people with knowledge of the matter,” Microsoft might spend billions of dollars on the transaction with CoreWeave
