Monthly archives: September 2023

ANZ’s banking executive Nigel Dobson says the bank sees “real value” in tokenizing real-world assets on-chain like the Aussie dollar. News Join us on social networks Australia and New Zealand Banking Group is one step closer to launching its bank-issued stablecoin A$DC after the bank successfully executed a test transaction on Chainlink’s Cross-Chain Interoperability Protocol. …

Continue reading “Major Aussie bank takes next step to AUD stablecoin after Chainlink test transaction”

HodlX Guest Post  Submit Your Post   With the breakneck speed at which technology has evolved over the last few decades, humanity has seen innovations that our forefathers couldn’t even have imagined. From the first computers coming online, to the smartphones that are now globally connected and glued to everyone’s hands, technology has come a long …

Continue reading “Blockchain – Might It Be the Answer to Redefining Finance”

MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins. News Join us on social networks Decentralized stablecoins may eventually dominate the stablecoin market, so long as crypto “ends up living up to its potential,” says Rune Christensen, the co-founder of DeFi pioneer MakerDAO. Speaking to …

Continue reading “Decentralized stablecoins could dominate crypto: MakerDAO founder”

Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap. News Join us on social networks One year after its historic transition to proof of stake, Ethereum has seen a massive reduction in energy use and a marked improvement in access to …

Continue reading “Ethereum Merge anniversary — 99% energy drop but centralization fears linger”

Mark Zuckerberg’s Horizon Worlds is extending past virtual reality in a bid to bring more users to its 3D virtual world. News Join us on social networks Meta CEO Mark Zuckerberg has finally made the move to expand his metaverse Horizon Worlds from virtual reality headsets to people’s smartphones and computers. The 3D avatar-based social …

Continue reading “Meta’s Horizon Worlds launches on mobile and web in early access”

A closely followed crypto strategist is predicting a massive expansion for the digital assets market similar to what occurred in 2019. Pseudonymous analyst The Flow Horse, also known as Cantering Clark, tells his 182,300 X followers that the crypto market could end this year on a positive note. In 2019, the crypto markets bounced back …

Continue reading “Top Trader Says 2019-Style Market Expansion Coming to Crypto Markets – Here’s His Timeline”

In a bold move amidst the cryptocurrency market’s recent volatility, US-based trading platform Robinhood has significantly increased its Shiba Inu (SHIB) tokens holdings.  Despite the native token of the Shiba Ecosystem experiencing a downturn, Robinhood has added over 800 billion SHIB tokens to its portfolio. Robinhood’s SHIB Portfolio Hits The Trillions On August 30, crypto …

Continue reading “SHIB Frenzy: Robinhood’s 35 Trillion Token Acquisition Sparks Speculation Of Imminent Price Surge”

75% of all fiat volume in Binance, the largest cryptocurrency exchange by client count, is dominated by the Turkish Lira (TRY). At this rate, Kaiko, a blockchain analytics firm, confirms that the Turkish Lira is the most preferred currency, pointing to a shift in the global dynamics, especially regarding crypto adoption.  Turkish Lira Popular Fiat In Binance …

Continue reading “75% Of All Binance Fiat Trading Volume Is In Turkish Lira”

In the months leading up to the Litecoin halving in August, the price of the blockchain’s native LTC token was continuously on the rise. This renewed interest in investors who rushed back into the token and eventually pushed its price above $100. That is until the actual halving event rolled around, turning it into a …

Continue reading “Litecoin Eliminates Pre-Halving Gains As Volume Drops, Is A Fall To $50 Coming?”

Friend.tech, a decentralized social network, has witnessed a sharp resurgence barely two weeks after critics pronounced the platform dead. The platform is enjoying renewed user interest, with its total value locked (TVL) surpassing $20 million a few days ago. Thanks to this growing momentum, Friend.tech has seen its trading volume and platform fees rise to …

Continue reading “Friend.tech Records Two New Milestones Amidst Renewed Hype”

In recent developments, Binance.US, the American affiliate of cryptocurrency giant Binance, is engulfed in a storm of legal challenges and a wave of executive departures.  Binance.US Rocked By Legal Woes And Executive Exodus As regulatory scrutiny intensifies, key risk and legal executives have chosen to part ways with the company, adding to the growing list …

Continue reading “Binance.US Plagued By Staff Exodus: Legal And Risk Executives Abandon Ship”

Crypto bad actors from the DPRK have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that’s no reason to feel at ease. News Join us on social networks Cryptocurrency stolen by North Korea-linked hackers is down a whopping 80% from 2022 — but a blockchain forensics firm says it …

Continue reading “North Korean crypto hacks down 80% but that could change overnight: Chainalysis”