Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing. Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as bull began to return to crypto markets following…
Fan token company Chiliz has continued to expand its workforce despite the ongoing bear market, reflecting a growing trend in the fan token sector. The overall cryptocurrency market has seen a massive selloff in 2022, with the total market capitalization plummeting 60% since the beginning of the year. Some major crypto companies, including Coinbase and Gemini, had to cut their…
Mastercard plans to announce a program on Monday that will make it easier for banks and other financial institutions to offer cryptocurrency trading, according to a report by CNBC. The program will act as a “bridge” between crypto trading platform Paxos and banks, the company said. Mastercard will also take care of regulatory compliance and security, two sticking points for…
Meta, the parent company of Facebook and Instagram, announced its latest virtual reality (VR) headset at the Meta Connect 2022 event on Oct. 11. The company introduced new features to enhance digital avatars, which raised privacy concerns regarding data collection. The Quest Pro is the latest piece of VR technology released by Meta as it continues its push into the metaverse.…
Mastercard is set to announce plans today for a program to help institutions offer bitcoin and cryptocurrency trading, CNBC reported. Mastercard will work with Paxos to “bridge” the gap between banks and will manage the security and regulatory compliance, two big reasons many banks have stated for avoiding bitcoin and cryptocurrency. “There’s a lot of consumers out there that are…
Germany has become the most favorable crypto economy in the world in the third quarter of 2022, according to a new report. The United States, the joint top-rank holder from last quarter, fell six places to rank seventh on the top crypto economy. The crypto economy rankings compiled by Coincub looked into various factors such as favorable crypto outlook, clear crypto…
Russians have been losing interest in Telegram channels devoted to cryptocurrencies and tokens, according to a new research covering the period since the start of the war in Ukraine. Industry experts behind the study say that bitcoin’s lower valuation and financial restrictions increasingly limiting access to the crypto market are the key reasons. Telegram Crypto Channels’ Audience Expected to Shrink…
BNB Chain, the native blockchain of Binance Coin (BNB) and the Binance crypto exchange, has been subject to security-related developments over the last month. On Thursday, Oct. 6 the network experienced a multi-million dollar cross-chain exploit. The incident caused BNB Chain to temporarily suspend all withdrawal and deposit activity on the network. Initially, the announcement of the network outage cited…
press release PRESS RELEASE. Hexens, a cybersecurity boutique and blockchain startup, announced the closure of a $4.2 million seed round led by IOSG Ventures, the leading Web3 Venture Capital. Other investors include Delta Blockchain Fund, ChapterOne VC, Hash Capital, ImToken Ventures, Tenzor Capital, and angels from Polygon and other blockchain projects. Hexens disrupting products impact the ecosystem Since Hexens was…
Last Monday, Digihost (NASDAQ: DGHI), the Houston-based crypto mining outfit, received a deficiency notice from Nasdaq after its stock price traded below $1 for a prolonged period, violating the exchange’s listing compliance. According to NASDAQ Listing Rule 5550 (a)(2), a deficiency notice is issued if a company’s stock trades below $1 for 30 consecutive days. Digihost has been provided a…
