Nigerian officials close to the matter have discovered that the country’s government may soon block Binance and other crypto firms on online platforms due to their involvement in forex manipulation and funds embezzlement, according to PREMIUM TIMES. The naira has plummeted irritatingly low as it hit an all-time lowest of N1,800/$ in the parallel market, […]
Is Cardano a ‘wannabe Ethereum?’ What Hayes, Hoskinson have to say
Former BitMEX CEO Arthur Hayes stirred controversy by labelling Cardano as “wannabe Ethereum” and questioning its relevance.
Crypto Markets Experience Minor Setback as Major Coins Dip, While Select Tokens Buck the Trend
The post Crypto Markets Experience Minor Setback as Major Coins Dip, While Select Tokens Buck the Trend appeared on BitcoinEthereumNews.com. On Wednesday, the crypto market experienced a modest downturn, with a 1% decrease in its overall value across the board, as bitcoin and ethereum saw declines of 0.51% and 0.45%, respectively. Bitcoin momentarily reached the […]
Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability
On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain communication and multi-chain scalability. AMD’s FPGA Tech to Power Wormhole’s Interoperability Ambitions Wormhole, an interoperability platform for blockchains, […]
Sports Illustrated Dumps Polygon, Taps AVAX for NFT Tickets
Tensions look set to rise between Avalanche and Polygon over Sports Illustrated Tickets migration. Continue reading at DailyCoin.
India Makes a Bold Leap in AI with the Launch of Hanooman Series
The post India Makes a Bold Leap in AI with the Launch of Hanooman Series appeared on BitcoinEthereumNews.com. In an ambitious move that positions India more prominently on the global AI map, Reliance Industries, in collaboration with leading engineering institutions, has announced the launch of the Hanooman series. This suite of Indic language models, developed […]
Ethena Stablecoin’s 27% Yield is Triggering Terra-Induced PTSD
The post Ethena Stablecoin’s 27% Yield is Triggering Terra-Induced PTSD appeared on BitcoinEthereumNews.com. The startup’s token, USDe, is backed by staked ETH and ETH short positions. Synthetic stablecoin startup, Ethena Labs, is raising eyebrows after announcing it will offer over 20% yield on its USD-pegged token. Ethena’s Labs’s USDe stablecoin offers a 27% yield, and […]
Ethereum Analyst Eyes $4,500 After ETH Breached $3K
The post Ethereum Analyst Eyes $4,500 After ETH Breached $3K appeared on BitcoinEthereumNews.com. Amidst the dynamic world of cryptocurrencies, Ethereum, the second-largest digital currency, has ignited investor enthusiasm, driven by a bold prediction from Michaël van de Poppe, CEO of MN Trading. Van de Poppe’s forecast projects a remarkable climb for Ethereum, anticipating a potential […]
BlockDAG Coin Can Offer 5000% Returns Amid Chainlink Surge and Meme Moguls Presale
The post BlockDAG Coin Can Offer 5000% Returns Amid Chainlink Surge and Meme Moguls Presale appeared on BitcoinEthereumNews.com. Chainlink’s value has surged by 38.42% to $18.68, with a $42 million covert transaction and 2,237,504 coins withdrawn from Binance. However, this growth may have hit a resistance level, hinting at possible declines ahead. On the other […]
SEC sued over unlawful targeting of crypto industry
The post SEC sued over unlawful targeting of crypto industry appeared on BitcoinEthereumNews.com. The US Securities and Exchange Commission (SEC) has been sued in Texas for “unlawful targeting” digital asset businesses. The lawsuit was filed in the United States District Court for the Northern District of Texas on Wednesday by crypto startup LEJILEX and Crypto […]