Cryptocurrencies, such as Bitcoin and Ethereum, have seen a surge in transaction volumes, surpassing those of Mastercard and PayPal. This has the potential to revolutionize the financial landscape.Stablecoins, a type of cryptocurrency, have been particularly successful in this regard. They are designed to maintain a stable value, making them attractive to investors and users alike. […]
HashKey, a cryptocurrency exchange based in Asia, is set to launch Bitcoin and Ethereum trading services for Hong Kong’s retail customers on August 28. Weng Xiaoqi, the chief operating officer of HashKey Group, revealed the company’s strategic direction during a media briefing.The exchange will deploy an investor grading system to tailor investment experiences for newcomers, […]
Bitcoin supply on exchanges has dropped to its lowest level in six years, according to crypto analytics platform Santiment. On-chain data shows that only 5.8% of the total BTC supply is currently sitting on trading platforms.The low level of BTC supply on exchanges indicates that investors have not regained their trust in centralized platforms, and […]
XRP has been struggling to maintain its upward momentum following Judge Torres’ summary judgment that XRP is not a security. This has caused investors to sell off their holdings, and a large whale has moved 29 million XRP, valued at over $15 million, to a crypto exchange. This has caused the XRP price to decline […]
Magnate Finance, a cryptocurrency platform with a Total Value Locked (TVL) of $6.4 million on Base, has come under scrutiny following allegations of an exit scam. On-chain analyst ZachXBT highlighted potential red flags, such as the discovery that Magnate Finance’s deployer address had been directly linked to a $4.8 million rug pull executed by a […]
TOKEN2049, Asia’s premier Web3 and crypto conference, has announced an international DJ line-up for AFTER 2049, the official closing event of its upcoming Singapore edition. The event will take place on Friday, 15 September at the 57th floor of Singapore’s iconic Marina Bay Sands building.Headlined by award-winning DJ and producer Shimza, house icon Enzo Siffredi […]
Bitcoin (BTC) has seen a drastic drop in its price below $26,000, losing all of Wednesday’s price gain amidst the declines in traditional markets. Ethereum (ETH) has seen a 0.88% decrease in the last 24 hours but up to 3% drop from Wednesday’s high.Traditional assets are also caught in the sudden turbulent market; the equity […]
A substantial purchase of XRP tokens totaling $1.5 million was recently executed, causing a stir among traders and analysts speculating about its potential impact. This acquisition led to the creation of two notable green candles on the XRP chart, sparking conversations about a potentially more impressive price surge soon.In the crypto market, sudden and significant […]
P2P Bitcoin marketplaces are an important way for users to move money across borders, but their future depends on becoming unstoppable and permissionless, according to Paxful’s Ray Youssef. Youssef, alongside Nicolas Gregory and Antoine Riard, is developing CivKit, a P2P marketplace that will use the technology of Nostr and the Lightning network to power a […]
Roman Storm, the co-founder of the cryptocurrency mixing service Tornado Cash, was arrested on money-laundering and other charges on Aug. 23. However, his lawyer Brian Klein announced that Storm was released on bail soon after his detainment. Klein expressed his disappointment with the prosecutors for charging Storm simply for developing software, noting that this could […]
