Thailand-based Gulf Energy has made strategic investments in cryptocurrency exchange Binance US and signaled its pursuit of a joint venture with the global Binance exchange as part of a targeted effort to gain exposure to the digital asset market. Gulf Energy disclosed in a regulatory filing on April 18 that it invested in “Series Seed …
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AMC Theaters has announced its mobile app now supports Dogecoin (DOGE), Shiba Inu (SHIB), and other crypto tokens for online payments. AMC Theater has earlier promised that it will soon start accepting more cryptocurrencies for movie tickets, and the company has made good on the promise. Chief Executive Officer of AMC Theaters, Adam Aron, in …
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Elon Musk, Tesla’s CEO, has been making headlines over the past week following his cash offer to buy Twitter. It started with Musk’s purchase of a 9.2% stake in the social media company, making him the largest shareholder. Ethereum’s co-founder, Vitalik Buterin, has joined the list of popular figures in the crypto community voicing their …
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Since the invasion of Ukraine by Russia, the cryptocurrency community has been active in supporting the Ukrainian government financially. More than $100M worth of crypto aid has been sent to Ukraine. The vice prime minister of Ukraine, Mykhailo Fedorov, has thanked the crypto community for donating cryptocurrencies, noting that it has gone a long way …
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MetaMask has issued a warning to its users on phishing attacks done through Apple iCloud. A security vulnerability on Apple devices, including iPhones, Mac and iPads, puts MetaMask user funds at risk of theft. Cryptocurrency wallet users are usually targeted by phishing campaigns. Hackers use phishing campaigns to gain unauthorized access to wallets to steal …
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Summary: Elon Musk has stated that the salaries of Twitter board members ‘will be $0’ if his takeover bid succeeds Elon was responding to a Tweet suggesting that the Twitter Board members earn between $250k to $300k a year for a ‘part-time job’ The Twitter board, excluding Jack Dorsey, collectively owns 0.12% of the company, …
Terra’s native stablecoin UST is now the third biggest stablecoin by market cap UST recently upstaged BUSD to claim a spot in the top three Terra’s stablecoin has moved on the uptrend since November 2021, per on-chain data Trading volumes for UST remain lower than BUSD’s transactions The LFG continues to bolster UST’s reserve with …
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Hyundai has announced a collaboration with the Meta Kongz NFT brand. The tie-in is part of a drive to push the automaker’s presence in the non-fungibles market. It also includes launching an online NFT community through dedicated Discord and Twitter channels. “Hyundai Motor is the first automaker to enter the NFT market with its own …
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The market price of bitcoin (BTC) dropped below $39,000 on April 18 in a declining trend during the Easter holidays. Meanwhile, ether (ETH) price fell below $3,000 for the first time since mid-March. The combined crypto market has lost almost $400 billion since early April, with analysts warning a “disaster in the financial markets” could …
DeFi protocol Beanstalk Farms lost over $180 million to malicious players due to an exploit on April 17 that allowed a hacker to pass a governance proposal. The Ethereum-based stablecoin protocol’s exploit left several tokens missing and saw its U.S. dollar-pegged stablecoin drop below the $1 mark. Beanstalk suffered an exploit today. The Beanstalk Farms …
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Speaking with Polkastarter co-founder Daniel Stockhaus during Paris Blockchain Week, he revealed that many launchpad projects are under tremendous pressure from business development specialists acting on behalf of blockchain projects. Polkastarter is the number one fundraising platform in the blockchain space, with some projects reaching 270x on initial investments. However, Stockhaus claims that this is …
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The American economy continues to look gloomy and signals pointing toward a looming recession continue to appear. In a note sent to clients this week, Goldman Sachs’ chief economist said the bank envisions the “odds of a recession as roughly 15% in the next 12 months and 35% within the next 24 months.” Furthermore, the …
ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level, hitting a one-month low in the process. Zilliqa (ZIL) ZIL was one of the biggest crypto movers on Monday, …
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Following a weekend of bearish pressure, BTC’s price fell to its lowest level in over a month. ETH also neared a one-month low, which came as prices once again slipped below $3,000. Overall, the cryptocurrency market cap is down nearly 4% as of writing. Bitcoin Bitcoin fell to a one-month low to start the week, …
United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner Emirates has said it will soon launch non-fungible tokens (NFT) and “exciting experiences …
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