The Israel-Palestine Conflict Could Accelerate XRP’s Rise as a Global Reserve Currency According to Top Analyst

The recent flare-up of violence between Israel and Hamas has captured global attention. But beyond the humanitarian crisis, the conflict may have wider implications for the global financial system according to finance YouTube channel Black Swan Capitalist. дальше »

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Global crypto venture funding hits lowest level since 2020

According to research firm PitchBook data, venture capitalists invested $2 billion in crypto during Q3, 2023. Venture capitalists seem to slow down their investments in the crypto market as global crypto funding during the third quarter of 2023 hit the… дальше »

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Is Bitcoin The Future Global Currency? EDX Markets CEO Makes A Mind-Blowing Insight

Bitcoin (BTC) has the potential to emerge as a global reserve asset, according to Jamil Nazarali, the CEO of EDX Markets. In a recent interview with Benzinga, Nazarali discussed the challenges and opportunities within the digital asset space, shedding light on the promising future of Bitcoin and Ethereum (ETH). Nazarali expressed a strong belief in […] дальше »

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Crypto projects lose nearly $900M to hacks, exploits in Q3 – report

Crypto projects lost nearly $889 million to hacks, phishing scams, and rug pulls during the third quarter, blockchain security firm Beosin revealed in its Global Web3 Security Report. According to the report, crypto investors lost $282. дальше »

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Mastermind Behind Massive Crypto Ponzi Scheme AirBit Club Receives 12-Year Prison Sentence

In a landmark verdict, Pablo Renato Rodriguez, the co-founder of AirBit Club, has been sentenced to 12 years in prison by US District Judge George B. Daniels.   According to the US Department of Justice (DOJ), Rodriguez, along with his co-conspirators, masterminded a sprawling global pyramid scheme that defrauded investors of millions of dollars through false promises of cryptocurrency trading and mining profits. дальше »

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Six And Counting: The Global Bitcoin Billionaire Phenomenon Unveiled

According to Henley & Partners’ 2023 Crypto Wealth Report, around 500 million people have made cryptocurrency investments globally, yet just 22 people—a very small percentage—have acquired assets worth more than $1 billion. дальше »

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Bitcoin Swindler Faces Justice: Victim-Led Investigation Halts Global Crypto Scam

In a twist of irony, a Bitcoin scammer who portrayed himself as a beacon of safety in the crypto world has been unmasked and prosecuted, not by law enforcement, but by the very victims the scammer defrauded, according to a recent report from BBC. дальше »

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Bitcoin Has Potential To Create ‘Energy-Abundant Future’ New Report Concludes

The growing intersection of Bitcoin and the energy industry is unveiling various unexpected opportunities that could potentially facilitate global energy transition, according to a report by Dylan Campbell and Alexander Larsen of IRM Energy and Renewables Group (SIG). дальше »

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Crypto rally triggered despite FTX’s liquidation and US CPI hike

The global crypto market cap is rising despite the US Consumer Price Index (CPI) coming higher than expected and FTX’s liquidation approval. According to a report by CNN, data from the US Bureau of Labor Statistics shows the CPI, used… дальше »

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Asia Remains Strong as Global Crypto Adoption Declines

Global crypto adoption has sunk as Asia's adoption rises, according to a new report.

The post Asia Remains Strong as Global Crypto Adoption Declines appeared first on BeInCrypto.

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Sony subsidiary and Startale join forces to build new blockchain for global Web3 infrastructure

Sony Network Communications, a subsidiary of the Japanese conglomerate, has announced a partnership with Startale Labs to develop a new blockchain network, according to a Sept. 12 press statement shared with CryptoSlate. дальше »

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Sony subsidiary and Starlate join forces to build new blockchain for global Web3 infrastructure

Sony Network Communications, a subsidiary of the Japanese conglomerate, has announced a partnership with Starlate Labs to develop a new blockchain network, according to a Sept. 12 press statement shared with CryptoSlate. дальше »

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Stablecoin de-pegging plagued USDC and DAI more than others: Analysts

Stablecoins from Circle and MakerDAO have been more unstable than those from Tether and Binance over the past couple of years, according to a new report from S&P Global. дальше »

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Coinbase Introduces Crypto Loan Service For US Institutions

Prominent crypto exchange Coinbase has launched a crypto lending service targeted at institutional investors in the United States.   According to a Tuesday report by Bloomberg, the largest American exchange seeks to fill the void created by the collapse of crypto lending firms such as BlockFi, Genesis Global, Celsius, etc. дальше »

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Genesis Global Trading ends U.S. over-the-counter trading ‘voluntarily and for business reasons’

Genesis Global Trading is set to shutter its operations later this month, according to an email sent to clients on Sept. 5 and confirmed in a comment to CryptoSlate. The decision to cease the over-the-counter trading platform on Sept. дальше »

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DeFi TVL drops to 31-month low amid bear storm

The global DeFi total value locked (TVL) has been struggling since April, and with the recent bear storm, it has dropped to a 31-month low. According to data provided by DeFi Llama, the total decentralized finance (DeFi) TVL has been… дальше »

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Tether now a top global buyer of US Treasury bills amid market turmoil

Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposure of $72.5 billion, according to a recent post by Paolo Ardoino, CTO of Tether. This development places the USDT stablecoin issuer in the global top 22, ranking above nations like the “United Arab Emirates, Mexico, Australia, and […] The post Tether now a top global buyer of US Treasury bills amid market turmoil appeared first on CryptoSlate. дальше »

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Nexo, Mastercard unveil the world’s first dual-mode crypto card

Crypto lender Nexo partnered with global payments company Mastercard to create the “world’s first” dual-mode cryptocurrency card featuring credit and debit mode. According to a press statement shared with CryptoSlate, the dual-mode card allows users to switch between debit and credit modes to meet their transactional needs and can be used at over 100 million […] The post Nexo, Mastercard unveil the world’s first dual-mode crypto card appeared first on CryptoSlate. дальше »

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Digital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of funds

Genesis Global and affiliates have reached a deal in principle on a bankruptcy reorganization plan supported by creditors, according to a court filing Tuesday. The cryptocurrency lender aims to emerge from Chapter 11 protection after entering mediation in May to resolve disputes over a reorganization plan. дальше »

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Hashdex Enters Bitcoin Spot ETF Race With Unique Application – Details

Digital asset management firm Hashdex has filed a spot Bitcoin ETF application with the United States Securities and Exchange Commission, according to reports on Friday, August 25.  Hashdex, who claims to be a global pioneer in crypto management, is looking to hold spot Bitcoin in its Bitcoin futures ETF, rebranding its DEFI ETF on the […] дальше »

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Surging US dollar index puts global currencies under pressure ahead of anticipated Powell address

Quick Take The U. S. Dollar Index (DXY) has surged to break past the 104 mark, a level not witnessed in the last eleven weeks, according to Trading Economics, painting a picture of sustained strength in the U. дальше »

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China’s real estate wealth meets financial storm while Western markets see mortgage rate spike

Quick Take As one of the largest global wealth sources, the real estate sector continues to demonstrate tremendous growth. According to Statista, it’s projected to hit a whopping $613 trillion in 2023 and potentially reach $700 trillion by 2027. дальше »

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Israeli Police recommend charges against businessman Moshe Hogeg as global crackdown on crypto scams rages on

In a development that further underscores the escalating global crackdown on crypto scams, Israeli police have accused technology entrepreneur Moshe Hogeg of defrauding investors out of $290 million in a series of cryptocurrency scams, according to Bloomberg. дальше »

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Bitget to require tightened KYC process for all users from September

Cryptocurrency exchange Bitget will upgrade its Know Your Customer (KYC) requirements starting Sept. 1 to align with global regulatory requirements, according to an Aug. 21 statement. The Seychelles-based platform wrote that all newly registered users must complete basic KYC requirements to deposit and trade digital assets from Sept. дальше »

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LTC, XRP and XLM prices grow as crypto market turns green

Ripple (XRP), Litecoin (LTC) and Stellar (XLM) gained bullish momentum over the past 24 hours as the global crypto market cap turned green after last week’s “bloodbath.” According to data from Santiment, the social volumes of LTC, XRP and XLM… дальше »

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Alameda Research, Genesis Global resolve $3.88B claim dispute with $175M agreement

Alameda Research has agreed to claim $175 million from the estate of Genesis Global, according to an agreement submitted to the court on Aug. 16. This resolves the dispute between the two bankrupt entities over claims against each other. дальше »

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Bittrex bypasses US clients amid regulatory haze, CEO highlights global scope

Bittrex Global CEO Oliver Linch noted that market participants are increasingly wary of the United States because of the regulatory uncertainty surrounding the crypto industry in the country, according to an Aug. дальше »

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63% renewable energy used by Bitcoin Mining Council making up 43% of global mining network

The Bitcoin Mining Council (BMC) reported significant strides in sustainable power usage and technological efficiency in Bitcoin mining, according to the findings of its survey for the first half of 2023. дальше »

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Bitstamp Exchange Raises Funds To Enter Derivative Markets In Asia And Europe

Luxumberg-based cryptocurrency exchange, Bitstamp is looking to expand its global presence by broadening its reach in the European and Asian Markets. According to an August 8 Bloomberg report, the crypto exchange is raising fresh funds to support its expansion goals in Europe and Asia while ramping up its UK operations. Also, the exchange revealed plans to […] дальше »

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Bitstamp seeks new funds to go global

Bitstamp is working on its new plan to go global. In June, the company started working with Galaxy Digital Holdings to seek funding. According to Bloomberg, the crypto exchange plans to use the funding proceeds to become global by expanding… дальше »

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New York Attorney General probing Digital Currency Group in relation to Genesis Global Capital : Report

The New York Attorney General (NYAG) is currently probing Digital Currency Group (DCG), according to reports from Bloomberg on Aug. 4. In recent months, the regulator has reportedly been investigating the DCG over its dealings with its subsidiary Genesis Global Capital. дальше »

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Binance remains the biggest exchange, Upbit outperforms Coinbase, OKX in July: report

CCData, a global data provider, released a new report on cryptocurrency exchanges’ performance for July. The report analyzes the performance of the main cryptocurrency exchanges in the crypto industry in different market segments like spot and derivatives trading. According to… дальше »

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World Mobile launches Ethereum and BNB Chain bridges, strengthening multichain strategy

World Mobile (WMT), a global mobile network based on blockchain, has launched dedicated cross-chain bridges for Ethereum (ETH) and BNB Chain networks. According to an Aug. 3 statement, the newly launched cross-chain bridges align with World Mobile’s multichain strategy of exposing the crypto community to its growing ecosystem, as the bridges would allow users to […] The post World Mobile launches Ethereum and BNB Chain bridges, strengthening multichain strategy appeared first on CryptoSlate. дальше »

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OKX Wallet Launches ‘Smart Account’ Feature Facilitating Payment On Multiple Chains Using USDC or USDT

OKX, a leading global company driving the future of Web3, is elated to announce the launch of a new account abstraction-powered Smart Account feature on its OKX wallet. According to the OKX team, the Smart Account feature is aimed at enabling users to pay for transactions on multiple blockchains using USDT or USDC.  The Smart […] дальше »

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Binance CEO nearly closed US branch to protect global operations

New reports state that Binance’s board grappled over shutting down US operations amid growing regulatory pressure earlier in 2023. According to The Information, Binances’s CEO, Changpeng “CZ” Zhao, tried to close the exchange’s US operations earlier this year. In a… дальше »

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Binance reenters Japanese market with new platform, debuts BNB trading

Embattled crypto exchange Binance’s Japanese subsidiary launched a dedicated platform to onboard new customers in the Asian country, according to an Aug. 1 press statement. The exchange stated that existing Japanese users of its Binance global platform would be able to access the new platform by Aug. дальше »

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Sam Altman’s Worldcoin Goes Global, All We Know About World App And The WLD Token

Sam Altman, the name behind ChatGPT and OpenAI, has been developing a crypto product, Worldcoin. According to a press release shared with Bitcoinist, the project is finally going global after years of development and a long beta phase. дальше »

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XRP Set for Price Explosion Amid Ripple’s Expectations for $250 Trillion Cross-Border Payments

According to Ripple, blockchain and crypto technologies are attracting the interest of global financial executives as they present a potential solution to modernize the underlying infrastructure of international payments. дальше »

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Avalanche Foundation, HUG Join Forces to Amplify Digital Artists

HUG, an international social network for artists, has announced a collaboration with Avalanche Foundation to provide Avaissance artists with new avenues for global exposure, according to an Avalanche blog post.... дальше »

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Tech titans and seasonal trends: A deeper look into S&P 500 performance

Quick Take According to the global markets newsletter, the Kobessi Letter, the year-to-date performance of the S&P 500 shows a striking disparity of the underlying assets behind its impressive gain of 15%. дальше »

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Bitcoin Mining Activity Surges Amid High Difficulty: Bitfinex

Bitcoin miners activities continue to pique global interest, showing a rise in BTC mining activity, according to a report from Bitfinex. One particular development is the Bitcoin mining difficulty hitting... дальше »

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Get paid by the second as token streaming looks to disrupt global liquidity

Payments could soon be streamed in real-time rather than paid out on a monthly or weekly basis, according to Maxime Desalle, Operations Lead at Sablier, in a recent talk at EthCC. Desalle discussed the concept of “token streaming” from the perspective of Sablier, a company aiming to provide more time-efficient and immediate access to funds. дальше »

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Global metaverse market could reach $322 billion by 2030, research shows

The global metaverse market is projected to grow massively, reaching $322 billion by 2030, according to a report by ResearchAndMarkets. Massive growth potential  According to ResearchAndMarkets’ latest report, the metaverse market was valued at around $42.05 billion during the 2021… дальше »

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Crypto.com Turns Up the Heat With No Lock-Up Proof-of-Stake on App

Crypto.com, a crypto exchange with over 80 million global users, is now offering on-chain staking on its app, according to a recent press release. This feature enables users to take... дальше »

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UAE Share In Global Mining Activity Grows, Accounts For 3.7% Of Mined Bitcoin

According to the latest report by Hashrate Index, a website for Bitcoin mining data and metrics, the UAE is now becoming a growing destination for Bitcoin miners, especially in the Middle East.   Bitcoin Miners Look For Greener Pastures Bitcoin miners have faced issues in popular Bitcoin mining countries like China and Kazakhstan in recent years. дальше »

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Analyst Downgrades Coinbase, Sees Exchange’s Market Price Dropping 25% – Details

Forecasting how much income Coinbase Global would generate has become nearly impossible because to the uncertainties surrounding the company, an expert claimed. According to reports, Piper Sandler analyst Patrick Moley has downgraded Coinbase because of its ongoing legal dispute with the US Securities and Exchange Commission and the continued vagueness around US regulation of cryptocurrencies. The Piper […] дальше »

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GCR gains 40%, making its way to top 100 with scam numbers

Global Currency Reserve (GCR) just made its way to the top 100 cryptocurrencies with its significant surge over the past two months. However, data shows that a few accounts hold GCR. According to data provided by CoinMarketCap (CMC), the GCR… дальше »

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Crypto adoption in Portugal below global average, just 2.6% hold digital assets

While experiencing strong growth in its crypto industry, Portuguese natives display a relatively cautious approach to digital assets compared to the global average, according to The Portugal News, a local Portuguese media outlet. дальше »

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Global Interest In Bitcoin Is Fast-Falling, What’s Happening?

According to Google Trends data, interest in Bitcoin is heading to historic lows as of June 27. In a screenshot shared by a Twitter user, organic searches related to “Bitcoin” have dropped in the last six months. дальше »

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Australia Leads the World in Crypto Adoption, US in Second Place: Report

According to a new study looking at ownership of and interest in crypto, as well as its legal status, Australia leads in global crypto adoption. But the numbers conflict with results from other surveys. дальше »

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