The world’s largest stablecoin issuer now plans to be the global top Bitcoin miners. Tether Holdings Ltd., the company behind the leading stablecoin Tether (USDT) is planning to invest about $500 million over the next six months in building new bitcoin-mining facilities, said Paolo Ardoino, CEO of Tether. The move came after Tether acquired shares …
Stablecoin Giant Tether Pours Half a Billion into Bitcoin Mining Read More »
PancakeSwap, one of the most popular decentralized exchanges (DEX), has released the PancakeSwap Gaming Marketplace to tap into the endless potential of GameFi. The new platform aims to become a dedicated gaming hub for gamers, game builders, and community members to play, build, and connect, according to the firm’s latest post. Initially, PancakeSwap Gaming Marketplace …
PancakeSwap Enters the GameFi Arena, Launches Gaming Marketplace Read More »
Binance’s plan to establish presence in Thailand takes a step forward as its joint venture with Gulf Energy gained approval from the Thailand Securities and Exchange Commission (SEC). According to a notification to the Stock Exchange of Thailand, on November 10, 2023, Gulf Binance, a joint venture by Gulf Energy Development PCL and Binance, was …
Binance to Re-enter Thai Market Through Joint Venture with Gulf Energy Read More »
Central bank digital currencies (CBDCs) can replace cash and promote financial inclusion, said Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) during an IMF seminar on November 14. The IMF head encouraged the public sector to ‘keep preparing’ to implement CBDCs and ‘related payment platforms in the future.’ She highlighted the unprecedented global …
IMF MD: CBDCs Can Replace Cash and Promote Financial Inclusion Read More »
On November 14, 2023, crypto exchange OKX announced the launch of its new zk-powered layer-2 network in partnership with Polygon Labs. Currently in testnet, the new network – X1 – aims to enhance accessibility to Web3 for OKX, Polygon, and Ethereum communities, accelerating Web3 adoption. With EVM compatibility and Polygon Chain Development Kit (CDK), X1 …
Meet X1 – New zKEVM Layer-2 Network by OKX and Polygon Labs Read More »
Cboe Digital, a crypto-focused subsidiary of Cboe Global Markets, announced Monday its plans to offer trading and clearing services in margined Bitcoin and Ether futures. Set for January 11, 2024, the launch of those products will make Cboe Digital the first U.S. regulated cryptocurrency exchange to offer a full suite of spot and derivatives trading …
Cboe Digital to Enable Margined Bitcoin and Ether Futures in January Read More »
The number of wallets with at least $1 million worth of Bitcoin has reached 81,717, up 237% since January this year, according to Bitcoin Rich List by BitInfoCharts. The surge is impressive. However, not every wallet that holds over $1 million worth of Bitcoin belongs to an individual person. Many are owned by cryptocurrency exchanges …
81,000 Wallets Accumulate $1 Million+ in Bitcoin Read More »
The ambitious move is going to challenge Upbit’s dominance. Bithumb, Korea’s second-largest digital asset exchange, has unveiled plans for an initial public offering (IPO) on the KOSDAQ stock exchange, per EDaily, a Korean media outlet. The listing, anticipated in the second half of 2025, is said to be part of the exchange’s effort to enhance …
UK leading bank Lloyds Banking Group has issued an urgent warning about the growing threat of cryptocurrency scams. The press release dated on November 8, 2023, highlighted the rise in cryptocurrency scams, their prime targets, warning signs, and tips to avoid them. One of the key findings is the surge in crypto scams. Cryptocurrency investment …
UK Crypto Scams Soar 23%, Young Investors Targeted Read More »
According to the latest update, Binance will terminate deposits of Russian ruble (RUB) on November 15 upon exiting the local market. Ruble withdrawals remain available until the end of January 2024. Russian users with fiat holdings on the exchange are prompted to move their funds to CommEx with zero fees. CommEx exchange reportedly bought Binance’s …
Binance Fully Exits Russia, Suspends Withdrawals in January 2024 Read More »
Bitcoin (BTC) $ 65,946.00 5.48%
Ethereum (ETH) $ 2,621.89 6.91%
Tether (USDT) $ 1.00 0.06%
BNB (BNB) $ 590.59 3.56%
Solana (SOL) $ 157.58 7.11%
USDC (USDC) $ 1.00 0.02%
XRP (XRP) $ 0.547849 3.54%
Lido Staked Ether (STETH) $ 2,620.35 6.89%
Dogecoin (DOGE) $ 0.118295 7.61%
TRON (TRX) $ 0.160183 1.13%