The AI industry has seen consistent growth in the past couple of years. The incorporation of artificial intelligence by big tech giants has seen an upward trend, making the industry heavyweights focus their growth strategies on AI. Market strategist at Crossmark Global Investments believes that Microsoft is well placed above its peers to cash in […]
Solana is on the Verge of a Bullish Rally, Predicts Arthur Hayes
Under the shadow of banking sector fiascos and cryptocurrency market swings, Arthur Hayes, former CEO of BitMEX, has pointed out Solana (SOL) while driving attention to a potential bullish rally for the crypto. Following the rocky history, particularly since the FTX disaster that Solana had faced, Hayes’ recent commentary brings a wave of fresh hope […]
Elizabeth Warren Reignites Battle Against Crypto’s Illicit Use
Senator Elizabeth Warren and a coalition of lawmakers have intensified their campaign against crypto-related fraud and money laundering. During a recent Senate Banking Committee hearing focused on addressing scams within the banking system, Warren highlighted the critical need for legislation to curb the misuse of digital assets. Elizabeth Warren Advocates for Stricter Crypto Laws Senator […]
Solana’s Phantom Wallet Hit With Fresh DDoS Attack
Solana’s Phantom wallet has come under what was described on the X app as a Distributed Denial of Service (DDoS) attack. Phantom Wallet Attack: No Funds Lost According to the update shared, the protocol has discovered several attempts to overload its systems. To that effect, some of Phantom’s services have been suspended temporarily until the […]
Polygon Labs Announces Plans to Spin Off ID Division; Layoffs Underway
Polygon Labs on Thursday announced that it was going to spin off its Polygon ID division to focus on “core protocol development work”. The developer also said that it will lay off around 19% of its workforce in an attempt to enhance performance. Polygon Labs to spinoff identity division Marc Boiron, CEO of Polygon Labs […]
Ethereum Price Prediction As ETH Eyes Upcoming Dencun Upgrade, Igniting Run To $4,000?
Ethereum price prediction shows the second-largest cryptocurrency boasting $277 billion in market cap back in action after the drop to $2,240 on Wednesday. Although holding relatively unchanged according to price data by CoinMarketCap, ETH is on the cusp of reclaiming $2,300 S/R. Ethereum Price Prediction: Can Ethereum Retest $2,400 This Week? The technical structure presented […]
Binance’s UK Comeback Stalled by Regulatory Compliance Woes
Binance, the global cryptocurrency exchange, is facing significant challenges in its attempt to re-enter the UK market. According to a recent Bloomberg report, the exchange has been unsuccessful in securing a new UK partner authorized to approve financial promotions as mandated by the Financial Conduct Authority (FCA). The requirement for an authorized approver is critical […]
Ethereum-based USTB Marks Superstate’s Leap in Tokenized Fund
Superstate, an asset management firm, has introduced its first in a set of funds, the Superstate Short Duration U.S. Government Securities Fund (USTB). As a consequence, this introduction paves the way for an improvement in investment funds, especially blockchain technology. Superstate, with the guidance of the company’s CEO and co-founder Robert Leshner, has designed USTB […]
Coinbase Sparks Marketing War With VIP Trader’s Incentive
American cryptocurrency exchange Coinbase has introduced a fee upgrade program for its high-volume traders. Coinbase Wooing High-Volume Traders To start the new month, Coinbase announced it plans to establish a new fee tier upgrade program for Coinbase Advanced, the exchange’s VIP and high-volume traders. Consequently, top traders from other cryptocurrency exchanges will now be allowed […]
Crypto Markets Could Brace for Impact as Layoffs Hit Deutsche Bank, Citigroup
Crypto markets across the globe had struggled with layoffs and salary delays last year. Pressure on financial resources with high interest rates and a crunch on investor appetite made organizations struggle in 2023. However, the start of 2024 hasn’t been any different either. Mass layoffs that started in 2023 and have spilled their way into […]