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Search Results for: crypto adoption

BobaBNB Smashes Transaction Records in May with ROVI Network Surge

BobaBNB, the leading multichain Layer 2 (L2) solution on BNB Chain, reached a remarkable milestone by breaking a new transaction record last month. With a staggering 3,073,042 transactions in May, BobaBNB experienced a significant surge compared to the previous months. April witnessed 2,863,240 transactions, while March recorded 585,818. These numbers

June 29, 2023 3 mins read

KoinBX Makes Global Waves: Top Indian Exchange Secures Trademark in Europe

In recent years, Indian crypto exchanges increased in numbers while playing crucial roles in bolstering the adoption of cryptocurrencies. Significantly, India is one of the prominent countries for the crypto industry as it has vast users who emerged in the sector. Crypto adoption across the nation has been attributed to

June 26, 2023 3 mins read

Bitcoin (BTC) Reached the $30K Mark for the Second Time in 2023

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has reached the $30K mark for the second time this year. The last time Bitcoin reached the 30K mark was in April 2023, according to CoinMarketCap. On May 21, Bitcoin experienced a significant surge that helped it reach the $30,000 trading

June 22, 2023 3 mins read

Nigerian SEC Orders Binance to Halt Operations Calling It Illegal

On Saturday, the Nigerian Securities and Exchange Commission called Binance, the biggest cryptocurrency exchange in the world, “illegal” to operate in the country. Binance’s legal woes stem from a complaint filed by the US Securities and Exchange Commission against the cryptocurrency exchange and several affiliated companies. The Securities and Exchange

June 10, 2023 2 mins read

Shiba Inu (SHIB) is added as payment for all WordPress stores by Binance Pay

Binance, the world’s largest crypto exchange, continues to expand its ecosystem with exciting announcements. Binance Pay adds a WooCommerce plugin that allows merchants to accept Shiba Inu (SHIB) and more than 70 cryptocurrencies as payment. WooCommerce is an open-source e-commerce platform that is built on WordPress. We’re making paying with

May 6, 2023 1 min read

Coinbase’s Q1’23 Financial Results Highlight Focus on Efficiency and Innovation

Coinbase, a leading cryptocurrency exchange, has recently announced its Q1’23 financial results in a tweet. The full letter to shareholders can be found on the company’s Investor Relations website. The tweet also stated that Coinbase has been focused on building an increasingly efficient business that can do more for less.

May 5, 2023 2 mins read

Encryptus Unveils the Largest Payout Network at Coindesk Consensus

Encryptus, a leading cryptocurrency solutions provider, announced today at the Coindesk Consensus event the launch of industry leading  payout product, which allows crypto exchanges, wallet providers, Web3, Gaming and other B2C crypto companies to off-ramp to Bank Wires, Mobile Wallets, Mobile Top-ups and Gift Cards with  API’s. The payout network

May 3, 2023 2 mins read

Florida Governor Signs Legislation For CBDC

Ron DeSantis, the 46th governor of Florida, as said before, pledges to ban the Central Bank Digital Currencies (CBDC) in Florida. Furthermore, he also states the reason as the government isn’t satisfied with cryptocurrencies since it has no authority to control or surveillance. Floridian Governor Bans Crypto  On March 20,

May 3, 2023 1 min read

BTC Index Futures and Options Trading Launched by London Stock Exchange

On Thursday, the London Stock Exchange Group (LSEG) announced that beginning this year, it would facilitate trading and settlement for Bitcoin index futures and options derivatives. The London Stock Exchange (LSE) is now offering Bitcoin trading via a partnership with a digital trading platform. According to a report by Reuters

April 13, 2023 1 min read