Tag: top news

Mastering Crypto Investments: Understanding Market Cap Dynamics

The crypto market cap represents a crucial metric for understanding the value of a digital currency. There are over 26,000 cryptocurrency projects currently,...

Slex Exchange Shines at Dubai Fintech Summit with Versatile Platform

The Slex Exchange fee reimbursement program allows investors to receive 50% of their trading fees. The Dubai Fintech Summit offers an opportunity for...

Web3 Gaming Hits the Big Leagues: iBLOXX Studios Joins Forces with NBA Icons

On October 12th, iBLOXX Studios officially announced a collaboration between the gaming industry and the NBA franchise. LaMelo is also an NBA...

Upbit Exchange suffers over 159k attacks in the first half of 2023

In 2021, Upbit Exchange accounted for more than 9% of the global trading volume, ranking among the top five regions trading Bitcoin. ...

Kraken Exchange gains entrance to Netherland’s crypto industry

The third-largest crypto exchange has acquired the Netherlands-based crypto exchange, Coin Meester B.V. (BCM). The Australian Securities and Investments Commission filed a...

Mixin Network causes the crypto industry a $200m loss

On the 25th of September, 2023, Mixin Network temporarily suspended all deposits and withdrawal services. Several perpetrators breached its blockchain security and...

Crypto Ponzi Scheme Airbit finally faces justice

In 2015, as the crypto industry gained recognition, Rodriguez, and Dos Santos founded Airbit Club in pretence of offering crypto trading services. ...

Bybit introduces new cash transfer features in South Africa’s crypto market

Bybit intends to launch several crypto derivatives products and fiat on-ramp services within SA's crypto ecosystem. Bybit Exchange is a derivatives exchange...

Coinbase Exchange acquires Singapore’s crypto license

Coinbase Exchange approached Singapore's regulatory body, the Monetary Authority of Singapore (MAS), and passed all criteria necessary for a Major PAymenst Institution(MPI)...

Binance exits Russia fully selling its firm to CommEX

Cryptocurrency exchange Binance has finalized its departure from the Russian market, selling its business to CommEX, citing incompatibility with compliance strategy Binance's withdrawal...

Cryptocurrency exchange Binance reopens in Belgium after suspension

Binance has reopened registrations and services for Belgian users after complying with regulatory requirements, marking a significant development following a three-month suspension The...

Mixin Network suffer a $200M hack drained from their mainnet assets

Mixin Network suffered a $200 million hack due to a third-party cloud service compromise, leading to asset suspension and an ongoing investigation The...

Binance cryptocurrency exchange faces payment processing issues, limits withdrawals in Europe

Major cryptocurrency exchange Binance has halted euro withdrawals in Europe due to SEPA transfer issues Users faced frustration as they couldn't access their...

Cryptocurrency: a gateway to financial freedom

Cryptocurrencies represent a paradigm shift in the financial industry by providing consumers a new way to achieve financial freedom. Cryptocurrencies empower people to take control of their financial lives through decentralization, borderless transactions, investment opportunities, and increased anonymity. Given the nascency of the crypto ecosystem, investors are advised to focus on the long-term benefits of Bitcoin while reaping short-term gains in the process. Nonetheless, it is critical to approach cryptocurrency investments cautiously, investigate, and be aware of the risks. Individuals can utilize this revolutionary technology to achieve financial autonomy.

Stanford to return millions from FTX in cryptocurrency donation

Stanford University will refund $5.5 million in donations from FTX amid legal controversies involving the exchange's former CEO Allegations of fund misappropriation and...

Meta’s plan to upgrade Llama2 model AI, seeks to outpace OpenAI

Meta, the parent company of Facebook and Instagram, plans to create an Artificial Intelligence model that competes with OpenAI. Meta aims to develop...