press release PRESS RELEASE. ProBit Global, a top 20 cryptocurrency exchange, looks forward to continued success in launching exciting and promising crypto projects through its IEO platform, while providing its users with unparalleled profit opportunities. ProBit Global remains buoyant on Initial Exchange Offerings While the past few years have seen significant challenges in the cryptocurrency IEO space, ProBit Global has…
Month: April 2023
Augmented reality helps brands tell their story: MVFW 2023
The second annual Metaverse Fashion Week (MVFW) hit the virtual runway this year from March 28-31, via a collaboration between the 3D social network platform Spatial and Over, a blockchain-based augmented reality (AR) platform. This year’s event saw over 60 brands, including legacy names such as Dolce & Gabbana, Tommy Hilfiger, DKNY and Gucci. Similar to the last year, the…
Swiss Bank PostFinance to Roll Out Bitcoin, Ethereum Services for Clients
PostFinance, the financial services firm fully owned by the Swiss government, will offer its customers a range of regulated crypto services delivered through Sygnum’s B2B banking platform. Thanks to the partnership with digital assets bank Sygnum, its customers will now be able to buy, store, and sell cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), according to an announcement. PostFinance…
OpenSea advanced NFT marketplace sparks mixed community reactions
In another attempt to win back its users from its budding nonfungible token (NFT) marketplace competitor Blur, OpenSea rebranded Gem V2 into OpenSea Pro, triggering mixed responses from the community. On April 4, OpenSea launched its advanced NFT marketplace aggregator OpenSea Pro. The platform introduced new features and tools and allowed users to list in OpenSea through the new platform…
Bitcoin whales push ‘choreographed’ BTC price as Ether nears $2K
Bitcoin (BTC) headed back toward $29,000 into April 5 as data showed whale orders guiding price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis: BTC price push still “bear market rally” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $28,780 on Bitstamp. The pair continued a rebound from one-week lows under $27,300 seen at the…
Ethereum, LSD Tokens on the Rise Ahead of Next Week’s Shapella Upgrade
The price of Ethereum jumped 4.7% overnight, per CoinGecko data, as the second-largest cryptocurrency approaches its much-anticipated Shapella upgrade on April 12. Notably, Ethereum’s price action has also outpaced Bitcoin’s increase of 1.3% during the same period. Next week’s upgrade will enable ETH withdrawals from the staking contract, lowering the risk of holding staked Ethereum (stETH), also known as liquid…
Tron Launches Dominica Metaverse Bound Token With Huobi
Smart contract blockchain Tron has expanded its mission to bring Dominica into the metaverse, with the launch of a digital identity token. The Dominica Metaverse Bound Token (DMBT) has been launched as part of the Dominica Metaverse Digital Citizen (DMDC) program, authorized by the government of the Caribbean Island nation. DMBT is a collaboration between Tron, crypto exchange Huobi and…
US President Joe Biden urges tech firms to address risks of AI
United States President Joe Biden stated on Tuesday that the safety of artificial intelligence (AI) is still uncertain and emphasized that technology firms should ensure that their products are secure before releasing them to the public. During a meeting with science and technology advisors, Biden acknowledged that AI could be beneficial in tackling issues such as disease and climate change.…
‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO – Interview Bitcoin News
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more traditional financial institutions on board once “a substantial amount of liquidity needed to facilitate efficient trading”…
Ultra’s New Web3 Gaming Marketplace Lets Users Resell Digital Games
Long-running Web3 gaming startup Ultra is set to launch its Ultra Games marketplace later this month, and the store will arrive with a rare twist: the ability for users to resell digital games that they’ve purchased, via a secondary marketplace. Set to launch on April 25, Ultra Games is built on top of the startup’s own Ultra layer-1 network—a fork…