[PRESS RELEASE – Dubai, United Arab Emirates, June 27th, 2024] Bybit, the world’s second-largest web3 platform by trading volume, is proud to announce its recognition as the recipient of the prestigious Banking and Finance – Innovative Collaborations and Partnerships Achievement Award at the MEA Business Awards 2024. This award celebrates Bybit’s groundbreaking initiative and the Blockchain…
Nubank, Brazil’s banking giant, has teamed up with Lightspark, a leader in Bitcoin Lightning Network infrastructure, to bring the lightning network to 100 million users, according to the bank’s announcement. Nubank is looking at faster and cheaper transactions using the Lightning Network and potentially implementing UMA for a more unified user experience. Built on top…
The Hashgraph Association and Blade Labs have partnered to drive digital transformation using the latter’s conventional and Shariah-compliant digital securities platforms. The CEO of Blade Labs described the Hashgraph Association as a strategic investor that enables the company to integrate its cutting-edge digital asset solutions with more businesses in the Middle East and beyond. Integrating…
Looking for the latest cryptocurrency to appear is the goal that many investors have in search of potential and good returns. Generally, newer crypto projects tend to attract attention for various reasons. A novel design, a groundbreaking structure, or a new utility that makes its price jump significantly. And that is why, through this guide,…
Bitcoin’s underwhelming price actions continue as the asset failed to maintain above $61,000 and has headed toward the coveted $60,000 support level. The altcoins are in a similar state, with DOGE, ADA, SHIB, LINK, PEPE, NEAR, and others dropping by more than 3% in the past day alone. BTC to Lose $60K? The weekend went…
Cryptocurrency entrepreneur Erik Voorhees has publicly criticized Revolut, claiming the fintech company shut down his account due to his interactions with cryptocurrencies. Despite not using Revolut’s crypto service and funding his account via fiat from an exchange, Voorhees experienced a freeze on his account for three weeks, followed by termination. This incident occurred even after…
Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Mr. Zhibing (Tony) Li is the Vice President of Canaan Inc. He recently joined the Bitcoin.com News Podcast to talk about the company’s technology R&D roadmap and…
Pyypl, a fintech company operating in the Middle East and Africa (MEA), has partnered with Visa to introduce virtual and physical prepaid Visa cards via its mobile app. This strategic collaboration aims to enhance financial inclusion across the region, providing underserved populations with greater access to financial services. The integration of Visa virtual cards will…
Evolve Bank & Trust has recently confirmed a cybersecurity incident. The cybercrime group Lockbit 3.0 reportedly released customers’ personal identification data on the dark web. The bank, known for its fintech partnerships and facilitation of customer accounts for firms with significant crypto user bases, is now under scrutiny. The incident has raised concerns about the…
The path to significant financial prosperity often starts with small, timely investments that grow into massive fortunes. This narrative follows a finance professional from New York who decided to invest in Shiba Inu (SHIB), achieving incredible financial independence. Motivated by such success stories, attention is now turning towards emerging technologies like BlockDAG. Already boasting impressive…