Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1 million. Hayes states that eventually, the U.S. will be forced to act by printing…
[PRESS RELEASE – Majuro, Marshall Islands, May 23rd, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry announces a corporate partnership with Mobilum. The partnership between Multipool and Mobilum will enable users to onboard onto cryptocurrencies without involving a centralized exchange. “Centralized exchanges are on their way out, we’re thrilled to give users…
The United States House of Representatives voted on Thursday in favor of barring the Federal Reserve from directly issuing a Central Bank Digital Currency (CBDC) to its citizens. The CBDC Anti-Surveillance State Act bill garnered support from 213 Republicans and 3 Democrats, making the final tally 262 ‘yea’ to 192 ‘nay’. Republicans Pass Another Crypto…
Ben Zhou, co-founder and CEO of Bybit, has dismissed rumors circulating on social media that the cryptocurrency exchange has been hacked or is insolvent. Zhou stated that these rumors are not supported by facts, and users should be cognizant of this. To substantiate his dismissal of the rumors, Zhou directed social media users to the…
Meme coins have been the talk of the crypto market over the past two weeks. Right now, three trending tokens – Bonk, Pepe, and Dogeverse – are jostling for position. But which of these tokens has the most potential to surge in the latter half of 2024? BONK Breaks Free, But Is The Rally Sustainable?…
The Nigerian Correctional Service recently faced accusations of failing to bring Tigran Gambaryan, a jailed Binance executive, to a court hearing on May 22. A lawyer representing the Nigerian revenue collection agency subsequently requested the court to adjourn proceedings. This would allow him to investigate the reasons behind Gambaryan’s absence. Gambaryan Key to Nigeria’s Tax…
Grand Cayman, Cayman Islands, May 23rd, 2024, Chainwire With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token Sui, the pioneering Layer 1 blockchain that offers industry-leading performance and nearly infinite horizontal scaling, and Mesh, the leading embedded…
As more players enter the cryptocurrency market, mining becomes more complex and requires more computing power. Mining is becoming increasingly complex due to high electricity bills and wear and tear on equipment. Therefore, cloud mining is becoming an increasingly attractive option. What is cloud mining Cloud mining is a form of cryptocurrency mining that allows…
According to the Wall Street Journal, the convicted FTX co-founder Sam Bankman-Fried (SBF) is being transferred from the Metropolitan Detention Center in Brooklyn to an undisclosed location. Sources speculate that SBF might be headed to the Federal Correctional Institution in Mendota, California (FCI Mendota). SBF’s Potential Transfer to FCI Mendota Speculated A Wall Street Journal…
Radix, the “full-stack” Layer 1 network, has prepared for a significant surge in the DeFi sector. Since upgrading its network with smart contract capabilities via the Radix Babylon Mainnet Upgrade six months ago, Radix has witnessed a substantial increase in its total value locked (TVL), setting the stage for an impactful year in 2024. The…