In a surprising revelation from the State Bank of Pakistan (SBP) in their 2022 financial stability report, the institution acknowledged the nascent, albeit “promising work” of Ripple and XRP, in the global payment ecosystem. State Bank Of Pakistan Praises Ripple And XRP “While crypto assets offer some benefits, the realization of these benefits still requires […]
Web 3.0: Revolutionizing Social Media Engagement
Introduction Traditional centralized social media platforms collect and monetize user data with the help of advertising. Web3 social media platforms on the other hand enable users to control and monetize their own data in-effect giving more power to consumers. Web 3 platforms create a user-centric environment where users have greater control over their data and […]
Elevate Blockchain Gaming With Project Seed 2.0: Outland Odyssey, Staking & More!
Project SEED, an innovative blockchain gaming ecosystem poised to revolutionize the mobile gaming industry, is set to launch its groundbreaking mobile game ‘Outland Odyssey’ this August, alongside ‘SEED: GROW’ and ‘SEED: Staking’. With an approach that combines blockchain technology, Free-To-Play & Own mechanics, and community-driven governance, Project SEED aims to redefine the gaming landscape going […]
SUI Jumps Overnight as Bearish Traders on Binance Get Blown Out
Sui (SUI) rose by 6% overnight, becoming the biggest gainer among the top 100 coins by market capitalization, per CoinGecko. This morning’s market winners also included Near Protocol (NEAR) which recorded a 6% rise since yesterday and Toncoin (TON) up 3% during the same period. Meme coin Shiba Inu (SHIB) also saw modest gains of […]
Bears Take Bitcoin (BTC) Below $26K, More Downtrend Ahead?
Bitcoin (BTC) hit an intraday low of $25,520. BTC experienced a decline of over 10.65% in the past seven days. The crypto market has experienced a massive downtrend due to selling pressure over the past few weeks. Bitcoin (BTC), the world’s largest cryptocurrency, fell below the $26K mark, showing bearish momentum. Following BTC’s fall, the […]
Binance US shifts to ‘crypto-only’ after dropping USD, MoonPay becomes new on-ramp
Prompted by regulatory pressures, Binance.US is transitioning to a crypto-only exchange, replacing USD with USDT as its base asset. As Binance reported, this move is a strategic response to banking partners suspending USD channels following the Securities and Exchange Commission (SEC) lawsuit. Following the transition, Binance.US has introduced an enhanced Buy & Sell Crypto feature […]
Shiba Inu (SHIB) Jumps 5% as Negative Shibarium Sentiment Wears Off
Shiba Inu has picked up new gains as market recovery goes viral
Hollywood studios offer new proposal for AI and data transparency to curb strike
The Alliance of Motion Picture and Television Producers released a memo of their offer to striking writers and actors with proposed guidelines for AI usage and data transparency.
Binance US revives US dollar on-ramp after MoonPay partnership
Binance.US lost its banking partners after the SEC filed a lawsuit against Binance and its affiliates. It had announced it was switching to a crypto-only exchange after failing to get a banking partner. The MoonPay partnership enables Binance US to resume USD deposits and withdrawals. Binance.US has launched a new partnership with cryptocurrency payments company […]
Bitcoin (BTC) Remains Above Key Level: Analyst
Bitcoin (BTC), the world’s most renowned digital currency, has managed to stay above a critical support zone. Traider Jake Wujastyk highlighted on the X social media platform that Bitcoin continues to hold its position above the November 2022 Volume Weighted Average Price (VWAP) zone, which stands at $25,157. Image by @Jake__Wujastyk This cautiously bullish sentiment […]