Binance, a major force in the cryptocurrency exchange space, is now facing a significant decline in market share due to a series of regulatory hurdles. Quick facts: The world’s largest crypto exchange has been grappling with various legal challenges and regulatory actions, resulting in a substantial erosion of its market dominance. According to Bloomberg, Binance’s … Read more
In the ever-evolving landscape of technology, a significant milestone has been achieved as the Hedera (HBAR) network integrates the ChatGPT plugin, forging a powerful connection between blockchain technology and Artificial Intelligence (AI). This groundbreaking integration opens up new possibilities for users, allowing them to seamlessly manage their accounts and navigate the Hedera platform with greater … Read more
BitGo, a leading cryptocurrency custody provider, has faced a setback in its bid to acquire Prime Trust, a financial institution specializing in custodial and escrow services for digital assets. Quick facts: According to a recent tweet from BitGo’s official Twitter account, Prime Trust’s regulatory difficulties have caused the planned acquisition, which was just over two … Read more
In an exciting turn of events, the cryptocurrency market is witnessing a major resurgence, led by Bitcoin’s breakthrough of the crucial $30,000 resistance level for the second time this year. Amidst this market bounce-back, Floki, a rising memecoin, has stolen the spotlight with an impressive 18% surge, overshadowing notable competitors like Dogecoin and Shiba Inu. … Read more
In a remarkable fusion of traditional postage and cutting-edge blockchain technology, the Faroe Islands has made its entry into the world of digital collectibles by introducing a groundbreaking series of “crypto stamps” stored as nonfungible tokens (NFTs) on the blockchain. Quick facts: The official postage issuer of the region, Posta Faroe Islands, in collaboration with … Read more
The largest cryptocurrency in the world, Bitcoin (BTC), experienced a significant upswing this week and reached a two-month high thanks to a number of applications for an exchange-traded fund (ETF) that tracks the digital asset. The surge of as much as 14% over the past three days has sparked optimism and renewed speculation regarding increased … Read more
Amidst a tightening regulatory environment for cryptocurrencies in the United States, Gemini, run by the Winklevoss twins, is beginning a significant expansion into the Asia-Pacific region. To facilitate this expansion and tap into new avenues of growth beyond American borders, Gemini has announced plans to hire 100 additional employees. Quick facts: As per the announcement … Read more