Ethereum Price Surges by 9% as Whale Purchases ETH in Bulk Amount

Due to the increasing price of Bitcoin, the whole crypto market is seeing a rapid inflow of investments from FOMO-ridden investors. In the past week alone, the crypto market has grown by 5.41% and currently sits at $1.08 trillion. The trickle-down effect has also affected Ethereum, which has grown by 4.56% in the past 24 … Read more

Crypto Exchange Binance to Suspend British Pound Transfers as It Faces Issues with Its Banking Partners

Binance exchange has been facing issues with the banking enterprise that is acting in the third-party capacity for providing payment solutions. On this account, Binance has reported that it has been finding new banking partners to continue its British pound payment services. Recently, Skrill announced that it will stop collaborating with the Binance exchange. Thus … Read more

USDC to Regain $1 Peg Following Fed Announcement

Circle, the parent company behind the stablecoin USDC, had its $3.3 billion reserves stuck in the failed Silicon Valley Bank. This caused USDC, the second-largest stablecoin in the crypto market, to lose its $1 peg. However, after some positive developments regarding the SVB hoax, USDC is all set to regain its $1 peg. The stablecoin … Read more

CFTC Chief Says Ethereum is a Commodity by Nature

The debate between the SEC and CFTC on the matter of cryptocurrency regulations is only growing spicier with time. The Chairperson of CFTC recently faced off against his SEC counterpart on the matter of Bitcoin-only remarks. For context, SEC chairperson Gary Gensler recently remarked that Bitcoin is the only cryptocurrency that is not an unregistered … Read more

Stock Markets Experience Significant Decline on Friday Due to Bank Selloffs and SVB Failure

On Friday, both European and US stock markets experienced a significant decline. First, European stocks saw drops, with the DAX and CAC down by 1.32% and 1.30%, respectively. The FTSE 100 also fell a staggering 1.67%, while the RTSI in the east declined over 0.86%. The US’s Dow Jones Industrial Average fell by 1.07%, while … Read more

SelfKey Introduces AI and zk-Based Solutions

SelfKey, a decentralized identity platform, has recently released new zero-knowledge and artificial intelligence solutions for secure digital verification. These solutions target to improve the privacy and security of online identity verification processes. The AI-based solution, SelfKey Credentials Exchange, enables customers to securely verify and share their digital information with third-party service providers without vulnerability. The … Read more

Starbucks & Mizar to Make Waves in the Crypto World – MZR Token Launch and NFT Rewards

Starbucks Introduces its Beta-testing Starbucks Odyssey Rewards Program Mizar Introduces the $MZR Token Starbucks Introduces its Beta-testing Starbucks Odyssey Rewards Program By launching its Starbucks Odyssey loyalty campaign upon the Ethereum sidechain platform Polygon, the well-known coffee brand Starbucks is making essential advancements in the Web3 arena. The company has already given away some complimentary … Read more

MENA Region Views Crypto As Investment Opportunity

Although last year saw persistent bearish conditions, the executive chairman of Iceberg Capital Limited, Mustafa Kheriba, believes that the adoption and interest in blockchain and cryptocurrency have remained strong. Kheriba supports this claim by citing the 23rd State of the Developer report, which indicates that experienced software creators are probably working on blockchain initiatives. Despite … Read more

Kuna and Binance Confirm the Suspension of Bank Cards Transactions in Ukraine

To deter the use of Ukraine’s national currency, the hryvnia, on crypto exchanges, the Central Bank of Ukraine has prohibited crypto transactions through bank cards. In addition, Kuna, the country’s main exchange, and Binance have also announced the suspension of crypto exchanges with bank cards denominated in Ukrainian hryvnia. With Ukraine’s temporary ban on hryvnia … Read more

Silvergate Suspends Services After Suffering Losses

Silvergate once again hit the headlines after the firm suspended some of the virtual and digital asset operations on its platform after the financial institution involved with the distribution of its digital coin raised concerns about the viability of the digital asset. The crypto transaction service is one of the best services that SEN, the … Read more

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