Pixel Penguins, an NFT project allegedly created by an artist battling cancer, has been exposed as a scam using stolen art. How Pixel Penguins NFTs became popular On May 30, crypto influencer Andrew Wang wrote a Twitter thread detailing how the self-proclaimed pixel artist Hopeexist1 had been battling eye cancer and creating digital art for […]
Binance’s Strategic Talent Reallocation Amidst Layoffs & Regulatory Challenges
Binance, the world’s largest cryptocurrency exchange by trading volume, has reportedly initiated a series of layoffs, according to a recent report. While the exact proportion of the affected workforce remains uncertain, sources familiar with the matter have suggested that the number could be significant. With approximately 8,000 employees, market rumors indicate that the layoffs in […]
Web3 developer Magic raises $52M in funding led by PayPal Ventures
The company has raised $80 million for wallet development since its inception in 2020.
Indian Banks Urged To Embrace AI And Blockchain For Future Readiness
The Reserve Bank of India (RBI) recently organized a conference exclusively for directors of Indian banks, shedding light on the importance of adopting technologies like Blockchain and AI. During the event, RBI Deputy Governor Mahesh Kumar Jain took center stage, urging the bank directors to embrace technologies such as Artificial Intelligence (AI) and Blockchain. Jain […]
Sparklo Filling The Void For Essential Features Missing In Established Tokens Like XRP And Polygon
The post Sparklo Filling The Void For Essential Features Missing In Established Tokens Like XRP And Polygon appeared first on Coinpedia Fintech News At present, numerous digital exchanges lack essential features demanded by their user community. Cryptocurrencies such as XRP (XRP) and Polygon (MATIC) might have once been favoured investment choices. However, recent trends among […]
Binance won’t support privacy tokens in Poland, France, and Italy
Crypto exchange giant Binance said that users in Poland, France, and Italy will no longer be able to trade privacy tokens on its platforms.
Binance initiates layoffs amid market uncertainty, sources claim
Binance has reportedly begun laying off employees. The news was first reported by Wu Blockchain on Twitter, who cited multiple sources confirming the layoffs. Binance, which employs approximately 8,000 people worldwide, is rumored to lay off about 20% of its…
India’s central bank proposes AI, blockchain adoption for banking sector
A top official from India’s central bank has proposed that the banks employ AI and blockchain to ensure long-term growth and stability.
Optimism Crashes 33% Following Token Unlocks, Why There Could Be More Pain To Come
Optimism (OP) has been one of the hardest-hit cryptocurrencies over the last week as bearish sentiment around the coin rose rapidly. The reason for this was a massive amount of OP tokens that were unlocked this week, leading to significant buy pressure on the digital asset. However, the bearish trend does not seem to have […]
XRP Bulls Take Charge, Will It Hit $1 in the Coming Week?
XRP is the top gainer list sored 7% in the previous day to $0.527. XRP lawyer John Deaton is confident that many people are going to buy XRP. Prior to the 2022 market catastrophe, Ripple’s native token XRP was one of the most attractive cryptocurrency for investors, but it lost over 70% of its value […]