[PRESS RELEASE – Warsaw, Poland, July 10th, 2024] Flipster, a cryptocurrency derivatives trading platform, is celebrating its 1st anniversary by launching two competitions and giving away 150,000 USDT worth of prizes. Since its launch, the Flipster platform has been fueled by a 1,943% trading volume growth and 3,998% net asset growth. These figures accompany an…
In a tumultuous market where corrections are testing the mettle of established cryptocurrencies, newcomers like VeChain (VET) and Super Trump are making headway. Standing out in this crowded field, BlockDAG arises as a compelling investment, attracting significant capital with its innovative Layer 1 technology and a robust Low Code No Code ecosystem. The project’s presale…
TL;DR Shiba Inu (SHIB) price is up 2%, but some key metrics have dropped. SHIB’s burn rate is among the few rising, surging by 350% and destroying nearly 28 million tokens. SHIB Price Flashes Green The cryptocurrency sector continues to rebound from the crash witnessed a few days ago. Its global market capitalization currently stands…
Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem, stating: “That really means demand, that really means governance, that really means structure.” Despite global trends and institutional pressure, Loh asserts that current conditions are…
Pavel Durov, CEO of Telegram, one of the most popular messaging applications, has remarked on the relevance that Hamster Kombat, a tap-to-earn game where players role-play as a hamster who is the CEO of a crypto exchange, will have in bringing blockchain to millions. 239 million have signed to be part of the game, according…
Paxful’s co-founder and former chief technology officer (CTO), Artur Schaback, pleaded guilty to conspiracy to deliberately fail in establishing, developing, implementing, and maintaining a compliant AML program as required by the Bank Secrecy Act. In a statement, the US Department of Justice’s (DOJ) Office of Public Affairs revealed that Schaback failed to collect necessary KYC…
On July 12, the asset management firm, Digitalx, is set to launch a bitcoin exchange-traded fund (ETF) on an ASX operated stock market. Asset managers K2 Asset Management and 3iQ played a role in establishing what will be the second ETF approved by ASX. Digitalx Set to Debut Australia’s Second Bitcoin ETF Digitalx, a digital…
Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed money-transmitting business and the actual operation of such a business. U.S. District Judge Richard Bennett denied Burton’s bail request…
China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022 and contributed to record-high gold prices. PBOC Pauses Gold Accumulation After 18-Month…
The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent value. Singapore Court Rules in Multichain Case Fantom Foundation Ltd. (the…