A United Arab Emirates court has recognized cryptocurrencies as a mode of salary payment in a landmark ruling affecting employment contracts. According to a report by Lexology, the ruling by the Dubai Court of First Instance starkly contrasts a decision taken in a similar case and highlights the growing adoption of cryptocurrencies in the UAE.…
The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim by the Economic and Financial Crimes Commission, which alleged that the money was linked to money laundering and terrorism financing. Nigerians Feel Economic Pain The…
According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billion, while Blackrock’s portfolio was around $21.02 billion. Grayscale Faces Fierce Competition as Blackrock’s Onchain Assets Climb Blackrock’s collection of onchain digital assets is nearing a point…
Gas fees on the Ethereum network have been declining since March 2024, but last week, they hit a level not seen in the past five years. Data on the crypto analytics platform Dune shows that the median Ethereum gas fee fell below 2 gwei last week for the first time since 2020. Median Ethereum Fees…
Mega Dice, the popular Solana-based casino, has just hit a huge milestone. The presale for its native Mega Dice Token (DICE) has now passed $1.7 million – with many early backers believing it could be the next big thing in GambleFi. Mega Dice Casino Passes $1.7M in Presale for DICE Mega Dice is quickly making…
Leading market experts have identified five cryptocurrencies set for explosive growth, anticipating they will multiply in value by 70 times once Bitcoin reaches the $80,000 milestone. This article delves into the promising digital assets poised for skyrocketing prices, offering insights into which coins could soon see significant gains. Discover which cryptocurrencies are on the brink…
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in $11.11 million, while ethereum ETFs faced a different outcome, with losses totaling $39.21 million during the day’s trading session. A Dive Into Thursday’s Crypto ETF Landscape U.S. spot bitcoin ETFs made a slight comeback on Thursday, drawing in $11.11 million in positive inflows. Fidelity’s FBTC…
PlayDoge (PLAY) is proving that even in the meme coin world, it’s possible to shake things up. This new Play-to-Earn (P2E) project has just passed the $6 million mark in its presale. But does PlayDoge have what it takes to make a real impact when it hits DEXs later this year? Investors Race to Secure…
A fortune can start with a modest investment in the right cryptocurrencies. Discover the digital coins with the strongest growth prospects, capable of turning $1,000 into $100,000. Get ready to explore which cryptocurrencies are poised for explosive gains and could significantly increase in value soon. Dive in to see which coins are potential game-changers. CYBRO…
The broader cryptocurrency market lost around $70 billion in capitalization in the past seven days as the majority of the coins are trading in the red. This comes on the backs of considerable drops in the past few days, so let’s dive in. Starting with Bitcoin, the price was trading above $60K this time last…