Gate.io denies rumors of withdrawal issues following Multichain’s unrelated crisis

Crypto exchange Gate.io said on May 31 that its operations have not been impacted by other events, contrary to rumors circulating in the community. Gate.io reports zero issues Gate.io said that its withdrawals are working and that operations are healthy. It said that there are “no issues with our operations or withdrawals as rumored.” Speculation […]

Bitcoin is outshining again; is 2023 BTC’s year?

Bitcoin’s sharp growth amidst the banking crisis of U.S. has reinforced the king coin’s long-supported narrative of being a safe-haven asset.

Ripple (XRP) Witnessed Historical Surge in Address Activity 

XRP has reached its highest social volume in a year. XRP’s trading price is expected to behave uniquely for the time being. Ripple (XRP) has witnessed a massive surge in the last 24 hours. The sudden increase in trading price turns everyone’s eyes toward XRP. Santiment, a crypto-analyzing firm, reported that XRP Network became the […]

Investment bank TD Cowen shuts crypto unit a year after opening

Days after Digital Currency Group’s TradeBlock started winding down operations, investment bank TD Cowen has also announced its crypto unit’s closure.

Beijing’s new Web3 white paper seeks to foster industry innovation

Beijing’s white paper divides Web3 into four distinct areas: the infrastructure, interactive terminal, platform tool, and application layers. […] Read More… The post Beijing’s new Web3 white paper seeks to foster industry innovation appeared first on CoinGeek.

Federal Reserve Says Higher Rates Could Exacerbate Stress For Banks, But What of Bitcoin?

Historically high-interest rates in the United States could “exacerbate” stress in an already shaky banking system, said a member of the Federal Reserve’s Board of Governors on Wednesday.  The governor also hinted that the central bank might decide not to raise its benchmark interest rate at the next Federal Open Markets Committee (FOMC) meeting, which […]

Tron has a new upgrade while TRX will…

Tron witnessed a decline in its daily active users and daily transactions. TRX’s price also declined by over 1.5% in the last 24 hours. 

Floki Inu Joins Forces with AliExpress; A New Era of Crypto Shopping

FLOKI-AliExpress merger boosts crypto adoption in e-commerce. Floki holders unlock the power of their tokens on AliExpress. FLOKI’s market activity surges with new exchange integrations. Floki enthusiasts have cause to rejoice, as the popular cryptocurrency, Floki Inu (FLOKI), has been connected with AliExpress. However, this is providing users with an exciting option to buy with […]

Nansen Slashes 30% of Work Force, Aims to Prioritize Sustainable Business

Blockchain data analytics firm Nansen Research is slashing its workforce by 30%. Layoffs have been widespread across crypto businesses in the past year. Following the latest move, Nansen joins the growing list of companies such as Coinbase, Blockchain.com, ConsenSys, Gemini, Huobi Polygon Labs, Elliptic, Messari, Dapper Labs, Chainalysis, Immutable, etc., which have trimmed their staff […]

Polygon Partners With Deutsche Telekom, MATIC Price Unimpressed

Deutsche Telekom would become a Polygon validator Key Takeaways: Deutsche Telekom has partnered with Polygon to become a validator on the network. However, the bullish news failed to uplift MATIC price. Read CoinChapter.com on Google News NEW DELHI (CoinChapter.com) — Ethereum scaling platform Polygon has partnered with Deutsche Telekom, a Germany-based telecommunications firm worth nearly […]