The post Why Floki, Shiba Inu, and Avorak AI Could Be Solid Portfolio Picks For 2023 appeared first on Coinpedia Fintech News The crypto space has witnessed a rise in the popularity of meme coins, with Floki and Shiba Inu emerging top of the pack. Their rise is credited to their funny, relatable dog-themed images […]
Collective Finance Unveils Discounted $CLF Pre-sale Event on BNB Smart Chain Ahead of Launch in April
Collective Finance has set the minimum pre-sale investment at $50, with special NFTs set for investors who deposit a minimum of $1,000. The $CLF pre-sale event is open for two weeks with a hard cap set at $500k Collective Finance, a decentralized financial protocol based on Binance Smart Chain (BNB Chain) that allows users to […]
Ethereum (ETH) Shanghai De-Risks Staking, Expect More ETH Locked, Top Analyst Chris Burniske Says
Blockchain veteran Chris Burniske, co-founder of Placeholder and former head of crypto in ARK, shares his counterintuitive take on Shanghai upgrade
Top 5 blockchain projects outperforming Bitcoin’s recent 30% gains
The cryptocurrency market has seen significant gains recently, with Bitcoin rising over 30%. Alt-coins and the DeFi space have also experienced substantial gains, with Conflux ($CFX), Mask Network ($MASK), Stacks ($STX), MAGIC ($MAGIC), and Fantom ($FTM) leading the way. This week’s top alt-coin gainers are: Conflux ($CFX) +197.% Mask Network ($MASK) +129% Stacks ($STX) +112% Magic […]
FTX had a 6.8b hole when it filed for bankruptcy
FTX, the defunct crypto exchange, had a $6.8b hole in its balance sheet when it declared bankruptcy last year
Silicon Valley Bank Drags Down NFT Trading Volume by 51%: Report
Silicon Valley Bank (SVB) was the backbone of many startups and venture capital funds around the world. Its collapse signifies the biggest banking failure since the 2008 financial crisis. While the crypto market has largely been spared from an adverse effect, the same cannot be said for the non-fungible token (NFT) space. According to the […]
Dutch Financial Market Watchdog to Take Tough Stance on EU Cryptocurrency Regulations
The Netherlands will take a tough stance on enforcing new European Union (EU) cryptocurrency regulations, even if some providers move elsewhere, according to Laura van Geest, chairman of the Netherlands Authority for the Financial Markets (AFM). Cryptocurrencies are not good news because they are difficult to pin down and are prone to fraud and manipulation. […]
FTX Debtors Report $11.6 Billion in Claims and $4.8 Billion in Assets to Bankruptcy Court
FTX, a major cryptocurrency exchange, has filed a Statement of Financial Statements (SOFA) report with the U.S. Bankruptcy Court in Delaware on March 17. The report disclosed the company’s assets and liabilities, with debtors making claims worth $11.6 billion, with assets valued at about $4.8 billion. The West Realm Shires group, comprising FTX US, Ledger […]
Cardano Mithril Innovation Nears Final Milestones Ahead of Mainnet Debut
Mithril teams running last milestones
Paxos Processes Over $7.9 Billion in BUSD Redemptions in 32 Days, Commits to Backing BUSD for At Least a Year
Paxos, the leading blockchain infrastructure platform, announced that it processed more than $7.9 billion in BUSD redemptions in the 32 days since it stopped minting new BUSD tokens and ended its relationship with Binance on February 13, 2023. is its USD-backed stablecoin. The redemption represented nearly 50% of the BUSD in circulation and was executed […]