Veloce Media Group, the world’s largest digital racing media network, is launching its governance and utility token, VEXT, exclusively on ByBit, one of the global top leading exchanges. VEXT will empower holders to become part of the Veloce ecosystem and have further influence, integration and rewards over decentralised assets within the Veloce Media Group. The […]
Cryptocurrency exchanges in Australia are taking preventative measures to protect their users from scams. At a panel of the fintech conference Intersekt 2023 in Melbourne, executives from major Australian crypto firms discussed the issue of scams and fraud in crypto. The firms have implemented automated and manual Anti-Money Laundering (AML) checks, investigations, education and communication […]
Interlay, a leader in decentralized Bitcoin infrastructure, has released the MVP of BOB (“Build on Bitcoin”) – a new Bitcoin layer 2 network. It features Rust smart contracts compatible with Bitcoin libraries such as Lightning and Ordinals, as well as full support of the Ethereum Virtual Machine. The first MVP of BOB includes a demo […]
Bitlink, a revolutionary cryptocurrency exchange, is proud to announce its global synchronized beta testing. Combining traditional centralized exchange mechanisms with innovative Web3 features, Bitlink is at the forefront of the crypto landscape. The platform’s Web3-integrated ecosystem allows users to mine and trade Non-Fungible Tokens (NFTs) and earn rewards through node mining. Bitlink is committed to […]
Everlodge (ELDG) is an innovative project that is tokenizing real-world assets using NFTs. It is tapping into the real estate market to make any property accessible to people of all budgets. Investors can buy a fraction of a property for as little as $100, and still retain all the benefits such as rental income and […]
A cryptocurrency whale has recently reported massive losses due to poor timing of long positions on perpetual contracts. According to Lookonchain, the whale was liquidated when Ethereum dropped from over $1.86k to below $1.7k, resulting in a loss of $3.8 million. Another long position was tracked 13 days ago, when Ethereum was seemingly increasing in […]
Polygon Labs has unveiled ambitious plans to upgrade the MATIC token to the third-generation POL token, introducing a new staking concept that enables secure validation of multiple chains without added risks. This transition will be enacted with a straightforward 1:1 ratio, ensuring that existing MATIC holders glide effortlessly into the realm of the freshly introduced […]
Elon Musk has recently quashed any possibility that his social media platform X, formerly Twitter, would launch a cryptocurrency token. In response to a developer’s post on the site, Musk shared his insight that the platform’s primary goal is to integrate real-world financial functionality rather than having a cryptocurrency substitute. This marks the second instance […]
The US dollar is at an inflection point, and today’s Core PCE data and the August NFP report will be key in determining its direction. This week, the EUR/USD has bounced from 0.95 to 1.12, and Bitcoin and other cryptocurrencies have rallied in tandem. However, the EUR/USD could not hold above 1.12, and neither could […]
The Shiba Inu network has seen an incredible surge in activity, with IntoTheBlock Market Intelligence reporting a 700% increase in high-value transactions. This is largely due to the launch of the Shibarium platform, a Layer-2 network backed by Shiba Inu’s native SHIB tokens. After some initial hiccups, the Shibarium Bridge became operational on August 28, […]
