Bitget Sets Aside $100 Million to Invest in Exchanges, Data Analytics Firms and Media Organizations

Bitget, a crypto trading business, has announced the launch of the EmpowerX Fund, a $100 million pot to invest in exchanges, data analytics firms and media organizations. The fund follows just months after Bitget set aside $100 million to target Web3 startups in Asian countries.The firm expects tightened regulations and growth of layer-2 blockchain networks […]

Bitcoin Surges Past $26,000, Triggers $100 Million in Trading Disruptions

Bitcoin has recently surged past the $26,000 mark, sparking a flurry of trading activity and resulting in disruptions worth $100 million. The surge in Bitcoin’s value has been attributed to a number of factors, including increased institutional investment, a weakening US dollar, and a growing demand for digital assets. The surge in Bitcoin’s value has […]

TOKEN2049 Singapore: 10,000+ Attendees, 300+ Exhibitors, 400+ Side Events

TOKEN2049, Asia’s premier Web3 and crypto conference, is set to welcome a full house of tech pioneers, investors, policymakers, and industry shakers from across the globe at the iconic Marina Bay Sands from 13-14 September 2023. With over 10,000 attendees, 300+ exhibitors and 400+ side events, it is the industry’s biggest international gathering of the […]

Bitget Protection Fund Value Reaches Record High of US$357 Million

Bitget, a top crypto derivatives and copy trading platform, has released its Protection Fund Valuation Report for August 2023. The fund’s value has consistently exceeded US$300 million since November, with a peak of US$357 million in August. Launched in August 2022, the fund is self-funded and provides a financial shield to protect users’ holdings. To […]

Summer.fi Integrates Spark Protocol, Offers SPK Airdrop to Borrowers

Summer.fi, a leading decentralised platform, has announced a new integration of Spark Protocol, which allows users to farm SPK tokens when borrowing DAI. Spark Protocol is a DAI centric money market protocol that combines the best liquidity from Maker and integrates with the best DeFi protocols. It is a decentralised, non-custodial liquidity market protocol where […]

Binance Charity Donates $3 Million in BNB to Earthquake-Stricken Morocco

Binance, the leading global cryptocurrency exchange, has launched a humanitarian initiative in response to the devastating earthquake that has struck Morocco. Binance Charity will donate $3 million in BNB (Binance Coin) to Moroccan users who had verified POAs before September 9, 2023. Additionally, Binance will give $25 in BNB to POA verification users between September […]

Finoa Offers Institutional Clients Access to Compliant DeFi Through Custodial Wallet Infrastructure

Finoa, a cryptocurrency custody firm based in Berlin, is expanding its suite of services to offer its institutional clients easy access to a compliant form of decentralized finance (DeFi). Earlier this year, Finoa secured regulatory approval from the German financial regulator BaFin, allowing them to launch their new offering, FinoaConnect.FinoaConnect integrates with a carefully curated […]

PayPal Launches Crypto-to-USD Conversion Service

PayPal, the Silicon Valley payments giant, has launched a new service that allows users to convert their crypto assets to US Dollars. This comes after the company launched its on-ramp service that allowed customers to buy crypto. The off-ramp service is available to wallets, dApps and NFT marketplaces, and it’s also live on MetaMask.The company […]

Borroe.Finance ($ROE) Emerges as a Game-Changer in Blockchain Funding, Dominating the Crypto Space with Huge Profits

Gala Games has been rocked by a scandal involving its co-founders, Eric Schiermeyer and Wright Thurston, who have filed legal charges against each other. Schiermeyer has accused Thurston of misappropriating 8.6 billion Gala ($GALA) tokens from the company’s wallets, while Thurston has accused Schiermeyer of misappropriating $600 million worth of Gala ($GALA) tokens and shareholder […]

SEC Chair Gary Gensler Reiterates Crypto Assets Are Securities Despite Court Setbacks

Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), is determined to have the agency regulate crypto assets. He will reiterate this view to lawmakers on September 12th. Gensler believes that most crypto tokens meet the Howey Test, which determines whether or not an asset or transaction can be deemed a […]