News

Report: Global Blockchain Gaming Market to Reach $300 Billion by 2030

May 31, 2023 0

The global blockchain gaming market will grow significantly during the next seven years and is expected to reach a market cap of $301.53 billion by 2030, according to a report issued by markets and intelligence firm Grand View Research. The “Blockchain In Gaming Market Size” report, found that

News

BRICS Bank to Offer More Loans in Local Currencies — President Calls for ‘Diversified Global Currency System’

May 31, 2023 0

The New Development Bank (NDB), aka the BRICS bank, is seeking to offer more loans in local currencies to reduce dependence on the U.S. dollar and avoid foreign exchange risk. “We need to create a diversified global currency system,” NDB’s president stressed, adding: “In the future, it is unlikely that one single currency can dominate […]

News

Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister

May 31, 2023 0

Russia is actively shifting to settlements in national currencies with its partners, Foreign Minister Sergey Lavrov has affirmed. He expects the transition away from the U.S. dollar to only gain momentum. “This is true not only for Africa, but also for Latin America, our Asian friends, as well as Iran, India, and China,” the top […]

News

US Government Presses for Independent Examiner in FTX Bankruptcy Case

May 30, 2023 0

Following the U.S. bankruptcy court judge’s rejection of the U.S. Trustee’s plea to designate an impartial investigator for the FTX bankruptcy case, the government is now appealing this verdict. In essence, the U.S. Trustee’s appeal has been forwarded to the U.S. Third Circuit Court of Appeals, and chief judge Colm F. Connolly acknowledged that he […]

News

Critical Vulnerability in Tron’s Multisig Mechanism Exposed $500M in Digital Assets: Report

May 30, 2023 0

According to a report published by the cybersecurity research team known as 0d, a division of Dwallet Labs, researchers discovered a critical vulnerability in the Tron network’s native multi-sig mechanism. The cybersecurity experts explained that the vulnerability could have impacted more than $500 million worth of digital assets held in Tron multi-sig accounts. 0d

News

Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay

May 30, 2023 0

After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining operations in Uruguay.” Tether has partnered with a licensed local company to make this happen, as it believes Uruguay is […]

News

Binance Australia Users Selling Bitcoin at Discount Ahead of AUD Withdrawals Halt

May 30, 2023 0

Customers of Binance Australia were trading bitcoin and other cryptocurrencies at lower prices than those on other platforms on Tuesday. The discount is apparently due to a popular Australian payment service preparing to cut off the crypto exchange from withdrawals in local currency. Bitcoin Trading at Lower Rates on Binance Australia Australians traded bitcoin (BTC) […]

News

Biggest Movers: XRP Hits 6-Week High, SOL Collides With Key Resistance Level

May 30, 2023 0

XRP rallied to a six-week high in today’s session, as the token extended a recent bull run to a sixth day. Prices have risen by as much as 10% in that period, with the latest surge sending the cryptocurrency above $0.50. Solana was also higher, hitting a multi-week high of its own. XRP XRP, formerly […]

News

Ordinals Inscriptions on Bitcoin Surpass 10 Million, Fueling NFT and Token Boom

May 30, 2023 0

On Monday, May 28, 2023, a pivotal landmark was reached as the aggregate quantity of Ordinal inscriptions minted on the Bitcoin blockchain exceeded 10 million in under half a year. Since Ordinal inscriptions’ inception, bitcoin miners have garnered roughly 1,596 bitcoins, valued at $44.37 million. 10 Million Ordinal Inscriptions and Counting This week witnessed the […]

News

Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, as ‘Death Cross’ Approaches

May 30, 2023 0

Bitcoin was once again trading above $28,000 on Tuesday, as the 10-day and 25-day moving averages neared a death cross. The two trend lines have moved closer to one another, with an upwards bullish crossover somewhat imminent. Ethereum was also marginally higher today. Bitcoin Bitcoin (BTC) jumped back above $28,000 on Tuesday, with a possible […]