News

Biggest Movers: TON Surges 14% on Saturday, SHIB Hits 1-Week High

September 16, 2023 0

Toncoin was undoubtedly one of the biggest moves in the top 100, as the token rose by as much as 14% on Saturday. The rise comes as markets continue to react to the news of a recent partnership with Telegram. Shiba inu was also higher, hitting a one-week high. Toncoin (TON) Toncoin rose by as

News

Bitcoin, Ethereum Technical Analysis: BTC Retreats From Recent High, ETH Consolidated Gains

September 16, 2023 0

Bitcoin retreated from a recent multi-week high on Saturday, as sentiment shifted bearish to start the weekend. The drop comes following a four-day win streak, leading many to see today’s declines as profit-taking. Ethereum was marginally higher. Bitcoin Bitcoin slipped from a two-week high to start the weekend, as bears moved to snap a recent […]

News

Another 2 Binance US Executives Leave Crypto Exchange, Report

September 16, 2023 0

Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal and Risk Executives Depart as Crypto Trading Firm Cuts More Jobs […]

News

American Bankers Association States a CBDC Is ‘Unnecessary’ and Presents ‘Unacceptable Risks’ to the US Financial System

September 16, 2023 0

The American Bankers Association (ABA), an organization that represents banks custodying $18 trillion in deposits and processing $11 trillion in loans, believes that issuing a central bank digital currency (CBDC) in the U.S. is “unnecessary” and would introduce “unacceptable risks” to the financial system, given that the dollar “is already digital.” ABA Opposes Idea of

News

Sony Announces Joint Initiative to Create Blockchain for Spearheading Its Web3 Strategy

September 16, 2023 0

Sony Network Communications, part of the Sony Group, entered into a joint initiative to create a blockchain project that aims to serve as the “backbone of global Web3 infrastructure.” The new company, created with Startale Labs, a Web3 development startup, aims to provide “value-added services” in different areas. Sony Network Announces Joint Blockchain Initiative Sony

News

Astar Partners With Polygon to Target Japan’s Web3 Boom With New Scaling Solution

September 16, 2023 0

At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greater adoption of Web3 applications in the Japanese market and beyond. Astar and Polygon Launch zkEVM for Japan’s Web3 […]

News

Worldcoin’s Tools for Humanity Claims to Have Invested Nearly $4.8 Million in Kenya

September 16, 2023 0

Nearly $4.8 million has been used to fund cryptocurrency and blockchain education efforts in Kenya, the CEO of Tools for Humanity, Alex Blania, recently revealed. Blania also denied allegations that Worldcoin plans to sell users’ biometric data obtained via its eyeball-scanning orbs. More Funding on the Way Tools for Humanity (TFH), the organization supporting the […]

News

Report: Binance’s Decision to Airdrop $3 Million to Morocco Earthquake Victims via BNB Token Criticized

September 16, 2023 0

Cryptocurrency exchange Binance has been criticized for pledging to help victims of Morocco’s devastating earthquake by airdropping its native crypto token. According to Action on Armed Violence’s Iain Overton, people affected by the earthquake are only interested in getting immediate assistance and not crypto. Binance Accused of Using Devastation to Prop Up Its Image ,

News

Deutsche Bank Teams Up With Swiss Crypto Firm to Offer Digital Asset Services

September 16, 2023 0

Deutsche Bank, the largest bank in Germany by total assets, is collaborating with Swiss digital asset firm Taurus to provide clients with crypto custody and tokenization services. “As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one of the priorities for investors and corporations […]

News

Ethereum’s Liquid Staking Platforms See $1B Influx in 20 Days, Nearing 12M ETH Milestone

September 16, 2023 0

Over 20 days, 640,000 ETH valued at just over $1 billion was added to liquid staking derivatives platforms. Additionally, the amount of ether staked in such protocols is approaching 12 million, with 11.97 million total value locked (TVL) as of September 15, 2023. Ethereum Staking Platforms Race to 12M Ether With $1B Boost Ethereum-based liquid […]