Reddit founder Alex Ohanian has announced its move to launch its crypto investment platform called 776’s fund (kryptos). The social media founder revealed that the investment firm would be founded in October for crypto users to invest and take interest despite the market bear. Alex Ohanian To Launch 776’s Fund Crypto Investment Firm Reddit founder…
The past few months have seen several cryptocurrency companies shut down and winded up over bankruptcy. A crypto lending company, Holdnaut, fell victim to the market situation three weeks ago after the debt ratio rose more than the asset. The Singapore-based firm suspended its customers from withdrawing their funds and performing operations on its platform….
One of the largest crypto exchanges globally, Binance, has been called out over an alleged case of violation of users’ rights. The allegations stated that a platform user lost access to its million-worth corporate account on the Binance platform. The suspended corporate cryptocurrency platform had holding and virtual assets worth $1 million before the ban….
Metaverse/Virtual Reality is gradually gaining interest, rapidly growing to become infused in all day-to-day human activities. Ever since the announcement of the virtual space idea and innovation by social media mogul Mark Zuckerberg in 2021, the virtual space project has received much interest and migration from companies. Taco Bell And Decentraland To Host Virtual Couple…
After days of visiting the bottom of the cryptocurrency charts and markets, the canine meme token DOGE has made a rebound. The world’s largest meme token, DOGE, has just been listed among the most traded tokens in the cryptocurrency markets. Investors, whales’ action is also increasing on the token network. DOGE Makes TOP 10 Trading…
Following the US Fed Chair speech yesterday, the crypto market cap dipped below $1 trillion. After trading in a straight line for a while, Bitcoin finally dropped below the $21,000 mark recording a 6-week low below $20,000. All altcoins are trading in the red zone with ETH below $1,500. AVAX, ADA, and SOL Ave dipped…
Following the catastrophic fallout of various crypto firms in Singapore, the MAS (Monetary Authority of Singapore) is surveying crypto firms that are operating in the state. The survey aims to help the regulator gain more information about their operations. Singapore’s MAS Sends Questionnaire To Crypto Firms According to reports, the MAS sent a questionnaire to…
On August 25th, Jay Clayton, former Chairman of the US SEC (Securities Exchange Commission), weighed in on crypto regulation in the country in an interview with the Wall Street Journal. He agreed that getting lawmakers to agree on regulations for digital currencies is not an easy task. Clayton Ask SEC To Issue Guidelines For Tokenized…
Bakkt Holdings and Sullivan Bank have collaborated to provide crypto services to bank users. Accordingly, clients would be allowed to sell, buy, and hold BTC and ETH at the bank. Sullivan Users To Enjoy Seamless Experience Meanwhile, Sullivan Bank, which was formed in 1895, is among the oldest banks in the US. As stated by…
The global cryptocurrency space has embarked on a progressive and ever-growing adoption and interest in virtual currencies. Cryptocurrencies and blockchain are the future of currencies and other denominations. A high-profile crypto exchange platform, Bitstamp, has alleged that it has recorded tremendous interest in crypto on its medium. Despite the strict regulations on the crypto industry,…
The second largest meme token, SHIB, has recorded a massive dump by whales in the past 24 hours. After months of ranking high on the top 10 holding ETH large holding list, SHIB suddenly dropped. The high amount of whale activities and holding recorded on the SHIB network in the past few months has been…
This year has seen much progress and expansion of different cryptocurrency firms and companies globally. Over the past few months, several companies have acquired or merged with others, extending their presence in the untapped target crypto audience. A cryptocurrency exchange platform has just announced its plans to expand and dominate the Indian regions. The San-Francisco-based…
