With the cryptocurrency market in freefall, investors and funds are looking for utility-based projects that provide real-world value. Companies building despite market conditions continue to develop, grow and support the entire ecosystem. The utility can come in many different shapes and sizes, although the utility desperately needed throughout the industry
CryptoDiffer shares the top popular tokens of July on Coinmarketcap. The cryptocurrencies are LUNC, BTC, SHIB, ETH, and MATIC. LUNC surpasses BTC while SHIB pushes ETH down in terms of popularity. The inflation of cryptocurrencies is rising while the overall market value has plunged within the last few months. However,
Ankr has released the first staking SDKs in the industry to enable liquid staking on the world’s most popular cryptocurrencies. With the introduction of Ankr’s new Staking SDKs (software development kits), blockchain developers will be able to include liquid staking into their projects and platforms. Ankr provides SDKs for staking
Forsage has collected $ 300 million from millions of investors around the world. The website already has allegations in the Philippines and Montana. The U.S Securities and Exchanges (SEC) has charged 11 people associated with the Forsage platform on 1 Aug 2022. As per the SEC report, Forsage is a
According to recent reports, Honduras’ first Bitcoin city named, ‘Bitcoin Valley’ has opened in the Honduran tourist town of Santa Lucia. As part of the new Bitcoin Valley initiative, Santa Lucia will accept Bitcoin (BTC) for payments. The project aims to increase tourism revenue across 60 local businesses. With the
The top 5 cryptocurrencies to watch this week are BTC, BNB, DOT, ETC, and FIL. Filecoin climbed over 78.73% in the previous month. After witnessing a continuous huge crash, the global cryptocurrency market is now rising upwards. Along with Bitcoin, top altcoins also collapsed during the bearish conditions of the
The US and UK regulators collaborated to enlarge cryptocurrency regulation. The Working Group wants to strengthen regulatory outcomes for stablecoins across jurisdictions. According to a recent press release from the U.S Department of the Treasury, the Financial Regulatory Working Group of the U.K and the U.S, recently conducted an official
CZ relied on a shared knowledge of the market and its dynamics. It was Changpeng Zhao’s initiative to advocate for the mining industry. The CEO of Binance, Changpeng Zhao (CZ), was recently interviewed by Squawk on the Street, where he discussed the future of bitcoin and the crypto industry. CZ
FTX has received approval to enter Dubai’s MVP for VARA. Earlier this year, FTX started a transfer procedure for its operational MVP license. The region’s cryptocurrency regulator, the Virtual Asset Regulatory Authority, has approved FTX Exchange FZE (FTX) to participate in Dubai’s “Minimum Viable Product” (MVP) program for Virtual Assets
Copper was planning to raise at least $3 billion. In May, Copper received Swiss regulatory approval. While bankruptcies continuously increase in the cryptocurrency market, the largest multinational bank in the UK, Barclays, intended to invest in Copper, one of the most well-known cryptocurrency custody firms in the fast-growing industry. According
