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Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations

May 29, 2023 0

Gemini Trust Company and Genesis Global Capital filed a court document on May 26, 2023, seeking the dismissal of a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused the two crypto firms of offering unregistered securities. Gemini and Genesis

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Undeads Metaverse Starts Building The New Endless Runner Mini-Game

May 29, 2023 0

PRESS RELEASE. Hot on the heels of generating $1M in sales in sold-out first mint event, Undeads Metaverse is excited to announce the development of another zombie-filled game that will allow NFT holders to earn rewards on their Undead NFTs sooner than anticipated. The new game, “Undeads Runner,” was inspired by Yuga Labs’ Dookey Dash […]

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Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains

May 29, 2023 0

Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on Monday. Litecoin (LTC) Litecoin (LTC) was a notable mover on Monday, as […]

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Venezuelan Petro Blockchain Faces Operational Difficulties, Hundreds of Wallets Allegedly Blocked

May 29, 2023 0

The blockchain of the petro, the Venezuelan official cryptocurrency asset, has been facing difficulties, halting on May 24, with block production restarting on May 27 only to stop again on May 28. Asonacrip, a local cryptocurrency association, also reported that hundreds of petro wallets were eliminated or blocked. Venezuelan Petro Blockchain Halted The blockchain of […]

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Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal

May 29, 2023 0

Bitcoin climbed above the $28,000 level on Monday, as U.S. President Joe Biden confirmed that a deal was agreed in principle. Biden labeled the agreement a “compromise,” with Republican Kevin McCarthy calling it “historic.” Ethereum was also higher on the news, hitting a three-week peak. Bitcoin Bitcoin (BTC) rose above the $28,000 to start the […]

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Latam Insights — Venezuelan Gold Battle Continues, Argentina Seeks Yuan Funding Extension

May 29, 2023 0

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic development news during the last week. In this issue, Venezuela tries to regain control of the gold stash held in London again; Argentina seeks to expand the Chinese yuan swap line; and Azteco enables bitcoin purchases in more than 55,000 stores […]

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SquidGrow: The Evolution of Mastery

May 29, 2023 0

  In the cryptocurrency realm, there are thousands of projects born every year – each with aspirations to set the bar higher. The harsh reality is that most fail somewhere along the way, not for lack of passion or trying, but rather they lack the full list of ingredients required to create something truly great. […]

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Hackers Breach Nigerian Crypto Trading Platform — BTC and Naira Assets Compromised

May 29, 2023 0

The Nigerian gift card and crypto trading platform, Patricia, announced on May 26 that one of its trading applications had been breached and that BTC as well as naira assets were compromised. The crypto exchange platform said it has since suspended withdrawals and is presently “undergoing internal restructuring.” Patricia Says Customer and Merchant Assets ‘Secure’ […]

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Economist Peter Schiff Blasts Debt Ceiling Deal, States National Debt Might Increase by $4 Trillion in the Next Two Years

May 29, 2023 0

Peter Schiff, the chief economist of Europac and best-selling author, has blasted the recent bipartisan deal regarding the United States debt ceiling. According to Schiff, the proposal fails to address the already inflated budget, allowing rises in several budget areas without supervision, which could increase the U.S. national debt by at least $4 trillion in […]

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South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High

May 29, 2023 0

The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of 19.7640 per dollar on May 25 just moments after the South African Reserve Bank raised the benchmark interest rate to its highest since 2009. Although the currency has since made some recovery, prediction models show that the […]