Cantor Fitzgerald, a bond and financial services trading business in the United States, is allegedly in talks with Tether about launching a multibillion-dollar lending program backed by Bitcoin. Customers would be able to borrow money using Bitcoin as collateral under the proposed program. According to a Bloomberg article on Saturday,
Pump.fun’s livestream feature has caused major controversy and is the target of criticism. The platform allows users to quickly create meme coins. The feature has been called for removal because of its abuse for extreme content and financial fraud, despite its original intent of helping developers market their ideas. Things
The magic of GameFi has enormous potential, because after all, what gamer wouldn’t enjoy being paid for doing the very thing they love most? We only need to look at the success of eSports to see the truth in that. GameFi expands the concept beyond the very best, professional gamers,
Nexo, a leading digital assets wealth platform, has announced the introduction of the industry’s first Personal USD Accounts. These accounts will provide customers in over 150 countries with a streamlined and familiar method to access USD bank transfers directly to and from their accounts, all in their own name. Nexo currently
HashKey Global, a licensed virtual asset exchange, has partnered with Sonic, a layer-2 network in the Solana ecosystem. Sonic will be a Web3 partner of HashKey Global. The two sides will work together around the Solana ecosystem to provide users of digital assets and global players better creative experiences. HashKey Global will
Despite announcing plans for expansion in the next year, Axie Infinity maker Sky Mavis has announced the layoff of 21% of its employees. As per a report by TechInAsia, out of around 250 worldwide team members, over 50 are scheduled to be let off. CEO and co-founder Trung Nguyen stated:
As the price of Bitcoin gets closer to its peak, the focus now shifts to the coins that have the potential to change one’s future. Of the hundreds of other cryptocurrencies in the market today, four are notable due to their exceptional capacity and potential growth: Rexas Finance (RXS), Cardano
Two well-known names in the field, Solana (SOL) and Dogecoin (DOGE) keep running for relevance in the always-changing crypto landscape. DOGE wants to use its meme-powered community to outperform Solana’s market capitalization, but smart investors are focusing elsewhere—toward Rexas Finance (RXS), a potential project transforming the tokenization of real-world assets
Blockchain developer HOT Labs has received a $500K grant from the TON Foundation, which is in charge of The Open Network’s (TON) development. A platform for deploying and managing memecoins on TON will be developed with the help of the funding. Founded by Petr Volnov and Yuriy Olentyr, HOT Labs is a research
The cryptocurrency world is excited as Bitcoin ETF launches set new records. The debut of BlackRock’s Bitcoin ETF was spectacular, seeing a surge in trading volumes and driving predictions of Bitcoin reaching $100,000 soon. Meanwhile, Toncoin’s market analysis suggests robust short-term growth potential. The indicators are pointing towards an impressive
