Category: BlockChain
Cryptocurrency Technology [BlockChain]
US Banking Crisis Spurs 15% Increase In Crypto App Downloads
The US Banks crisis has been dragging on for months with no end. As the crisis continues to affect the US economy, people are looking…
Bitcoin Fear/Greed Index Soars to All-Time High as BTC’s Price Surpasses $28,000
It’s been a rollercoaster ride for Bitcoin investors this year. The cryptocurrency reached a new all-time high of over $69,000 in November 2021 before crashing…
Flagstar Set To Acquire All Non-Crypto Assets And Business Operations Of Signature Bank
After an initial turndown, Flagstar Bank has announced that it is taking over the assets and business operations of Signature Bank. However, this acquisition will…
Coinbase To Set Up Office Overseas As US Crypto Crackdown Continues
Per reports, Coinbase has notified its institutional clients of plans to establish a new offshore trading platform. Besides, the stringent regulatory landscape in the US…
Data Infrastructure From Blockchain Technology Can Benefit AI – Report
The rapid rise of ChatGPT from Open AI has been truly remarkable, with the AI-based platform reaching 100 million users in just 2 months of…
Mining Bitcoin at Home – A Complete Guide For Beginners
Bitcoin blockchain is a decentralized public ledger that carries information regarding all Bitcoin transactions. One can add several transactions to the blockchain via Bitcoin mining….
U.S. Congressman Accuses FDIC Of Attacking Cryptocurrency Amidst The Recent Bank Crises
Tom Emmer, Congressman from the United States and the current House of Representatives majority whip, has expressed his apprehension regarding the current bank crises. According…
Bank Failure Fallout: Yellen Proposes A Refund Of Only Systemic-Risk Banks
In the face of two high-profile bank failures in the country, Janet Yellen, the Treasury Secretary of the United States, asserted that the federal government…
KuCoin Spearheads A $10 Million Funding Round For The Issuer Of Yuan-pegged Stablecoin
The investment division of a prominent crypto exchange, KuCoin, is taking steps to endorse the stablecoin projects by supporting a stablecoin issuer pegged to the…
UAE And India Will Work Together To Develop Digital Currencies
To explore the possibility of interoperability between their respective CBDCs, the UAE — United Arab Emirates and India have announced plans to conduct pilot programs…
MEV Rewards Via Ethereum Records A New All-Time High
The recent collapse of SVB and its implications for the cryptocurrency industry have caused validators running the ETH network to experience a substantial surge in…
Despite The Deepening Banking Crisis, The Price Of Bitcoin Holds Up
The financial agencies, particularly those in the United States, have been dedicating a significant amount of their resources and efforts to repressing the cryptocurrency industry…
Stablecoin Redemption Begins As 314 Million USDC Moves To Unknown Wallet
The crypto industry is on the verge of recovering from the stablecoin dollar incident that has rocked the USD Coin (USDC) token. Per the Web3…
Coinbase Resumes USDC Conversion As The Stablecoin Almost Regains Its Peg
Coinbase has announced the resumption of USDC to USD conversion as the crypto market returns to normalcy after a weekend of high volatility. According to…
More Cryptocurrency Traders Are Seeking Help After Trading – Therapists
According to therapists who treat individuals with gambling addiction, there has been a significant increase in people seeking help after dabbling in cryptocurrency trading. It…
Rising Bank Fear Spurs Binance To Convert $1B Funds To Cryptocurrencies
The news that Binance has turned over the rest of its $1B Industry Recovery Initiative into cryptocurrencies has sent shockwaves throughout the financial world. It’s…
Starbucks Launches Odyssey NFT Collection Amid Crypto FUD
Starbucks, the world’s leading specialty coffee roaster and retailer, recently announced the launch of its inaugural series of limited-edition non-fungible tokens (NFTs). The collection comprises…
US Fed To Set Up New Crypto Team As Concerns About Stablecoins Rise
An official from the US Fed has announced that the central bank intends to create a “team of experts” to stay abreast of the latest…
US Financial Watchdog Accuses BKCoin Executives Of Orchestrating A Cryptocurrency Scam Worth $100 Million
BKCoin Management LLC and its Co-Founder—Kevin Kang, have been accused of defrauding investors with a fraudulent cryptocurrency scheme amounting to $100 million by the United…
Cardano Founder Mocks Claims Of Disinterest In Cardano NFTs
Charles Hoskinson, the founder of Cardano, recently gave a sarcastic response to claims that the Cardano non-fungible token community is not as interested in the…
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