In a recent announcement, Binance, a leading cryptocurrency exchange, has successfully integrated Tether (USDT) onto the Arbitrum One and Optimism networks. The completion of this integration allows users to now make deposits of Tether (USDT) on both networks. Binance plans […]
It is only logical that we have seen the growth of non-fungible tokens (NFTs) in an age where digital creations are given ever-rising value by virtue of their demand. NFTs add ownership and worth to digital creations, and their prices […]
Tether, the firm operating a blockchain-powered platform tether.to has surpassed its own all-time high records to create new wonders. The company supporting the first and most widely used stablecoin had set a precedent with a market cap of $83.2 billion […]
In a significant development, cryptocurrency exchange Gate.io has experienced a staggering $150 million net outflow within a 24-hour period, fueled by rumors of a police investigation and its alleged ties to the embattled cross-chain router protocol Multichain. The exchange has […]
In a bid to strengthen regulations and combat illicit activities, crypto exchanges in India are working on a proposed rule that would require senders to disclose the identities of the individuals behind private wallets receiving cryptocurrencies, according to a report […]
Singapore based blockchain data analytics firm, Nansen, has announced a 30% reduction in staff on Tuesday (30th May). The layoff came as a decision to cut costs during a bearish outlook for the overall crypto markets, as stated by CEO […]
In its annual report published on 30th May, the Reserve Bank of India (RBI) has expressed its intention to expand the global narrative surrounding cryptocurrencies. The central bank aims to shift the discussion beyond financial stability and integrity concerns to […]
The layer-two Ethereum scaling solution, Optimism, and layer-one Move-based blockchain, Sui, see a decline in prices due to the upcoming token unlocks, respectively. The token unlock events will increase the circulation of respective token supplies. While Optimism faces selling pressure […]
In just under six months, the number of Ordinals inscriptions on the Bitcoin network has exceeded 10 million, marking a significant milestone. Coinciding with this achievement, Casey Rodarmor, the creator of Ordinals, recently announced his departure as the project’s lead […]
Dubai-based cryptocurrency exchange Bybit has announced its decision to temporarily halt its operations and services for Canadian residents and nationals. The move comes in response to recent regulatory changes affecting the company’s operations in Canada. In a blog post dated […]
