Bitcoin spot price continues to find strong support at some key price levels
Money 20/20 looks at the frontiers of crypto policy and evolution of CBDCs
At Money20/20 in Amsterdam, a panel titled “CBDC’s: The Next Steps” discussed the potential of central bank digital currencies, decentralized finance, and decentralized autonomous organizations.
HedgeUp (HDUP) and Shiba Inu (SHIB) Make Waves in the NFT Market: Exploring the Trend
Non-fungible tokens (NFTs) have added a whole new dimension to the crypto space. When these first came out, they created a frenzy unlike anything in crypto. What made this phenomenon even more spectacular was how little they were understood. Now, NFTs have been around long enough that most people in the crypto space understand them. […]
FLOLiO Unveils PerxPal: the First Token-gated Cashback Platform Bridging web2 and web3
NEW YORK–(BUSINESS WIRE)–FLOLiO, a digital pioneer dedicated to bridging web2 and web3, announced today the launch of its newest product: PerxPal. In a bold move, PerxPal aims to be a transformative platform within the online shopping landscape by creating a network where consumers can earn CashBack from leading brands in varying industries, while also creating […]
Market rebounds after SEC lawsuits spur brief panic
This week’s market turmoil, induced by the announcement of the U.S. Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase, appears to have been a momentary blip rather than a sustained downturn. While initial reactions saw panic selling, the market’s swift recovery reflects its robustness. The SEC’s lawsuits come from its increasingly stringent scrutiny […]
Investor loses $2.8 million in Atomic wallet hack – This AI crypto could help prevent future hacks
In a startling incident highlighting the inherent risks associated with the cryptocurrency ecosystem, ZachXBT reports that an investor lost a staggering $2.8 million in the Atomic Wallet hack. This unfortunate event serves as a reminder to install robust security measures to protect user assets. However, there is hope on the horizon in the form of […]
Only 0.7% of Shiba Inu (SHIB) Holders Are Billionaires
Popularity of SHIB among wealthy individuals quickly shrinking, and reasons should not surprise you
Sequoia Capital Announces Three-Way Split to Separate China Business Operations
Sequoia Capital, a venture capital firm, announced on June 6th that it will be splitting into three distinct partnerships to serve the United States, China, and Asian markets separately. This move is intended to decentralize back-office functions and embrace a “local-first approach” due to increased global financial complexity and brand confusion. The U.S. branch focuses […]
Binance vs SEC: SEC requests court to Freeze Binance.US Assets
The SEC requested the court to halt Binance.US’s assets on the previous night, one day after filing Binance with a lawsuit. Additionally, the SEC urged the judge to return clients of Binance.US’s fiat and cryptocurrency holdings. The non-US firms of the crypto exchange are not covered by the request for the freezing order; it only […]
Jack Dorsey nodes yes on questioning of ETH as Security
Jack Dorsey, a longtime supporter of Bitcoin, has found himself embroiled in a Twitter argument with several experts in the cryptocurrency space after he replied “yes” to a question about whether Ether was security. Udi Wertheimer, a Bitcoin Ordinals programmer at Taproot Wizards, was alerted to the remark and suggested Dorsey was a “clown” in […]