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Solana Competitor Sei Network Skyrockets Over 110% in Two Weeks Sei Network (SEI), a Layer 1 blockchain claiming to be faster than Solana (SOL), has experienced a remarkable surge, soaring over 110% in value. This significant increase, from $0.118 on November 10 to a high of…
Elon Musk's Candid Remarks Ignite Surge in 'GFY' Meme Coins Amidst Advertising Row Elon Musk, the visionary CEO known for steering Tesla and SpaceX, recently made waves in the cryptocurrency world with a bold statement. In a public interaction, Musk's explicit directive to the…
JPMorgan Analyzes Positive Trends in DeFi and NFT Markets JPMorgan, the American banking powerhouse, has recently published a report analyzing the notable recovery in the decentralized finance (DeFi) and non-fungible tokens (NFT) sectors. Titled ‘Resurgence in DeFi and NFTs: A…
Robinhood Sets Sights on UK Market: A Strategic Expansion for Early 2024 Robinhood, the renowned investment platform, is poised for a landmark expansion into the United Kingdom, eyeing an early 2024 launch. CEO Vlad Tenev, in a conversation with Bloomberg's Tom Mackenzie,…
Tax Crackdown: UK Authorities Target Crypto Users for Unpaid Taxes The UK's national taxing authority, HM Revenue and Customs (HMRC), has issued a request for crypto users to disclose any unpaid taxes related to cryptoassets, including exchange tokens, NFTs, and utility tokens.…
Genesis and Digital Currency Group: Nearing Resolution in $620M Legal Dispute Genesis, a prominent crypto lender, and its parent company, Digital Currency Group (DCG), are on the verge of settling a significant legal battle involving $620 million in disputed repayments. **Key…
Square Enix's Symbiogenesis NFT Game: Auctions, Launch Details, and Unique Mechanics Square Enix, a renowned Japanese gaming giant, is gearing up for the launch of its innovative NFT game, "Symbiogenesis," with character non-fungible token (NFT) auctions already underway. The…
JPMorgan's Insight: GBTC's Potential Loss and Bitcoin ETF's Impact JPMorgan's recent report highlights a significant amount of Grayscale Bitcoin Trust (GBTC) shares being sold at a discount to its net asset value (NAV) in 2023. The bank attributes this increase in discounted…
ASIC Issues Stark Warning on Cryptocurrencies, Plans Stricter Laws by 2025 The Australian Securities and Investments Commission (ASIC) is intensifying its scrutiny of the cryptocurrency market, issuing a stern warning about the nature of digital tokens. ASIC chair Joseph Longo,…
Coinbase CEO: It Would Be Very Bad if the SEC Eliminates Staking Coins Coinbase CEO Brian Armstrong has made a statement following the penalties imposed on Binance and Changpeng Zhao. After the $4.3 billion fine against the cryptocurrency exchange Binance by the U.S. Department…
Pyth Network's Token Launch Hits $468 Million Cap, Airdrops to 90,000 Wallets The Pyth Network has made a significant debut with the launch of its cryptocurrency token, PYTH. On its first trading day, PYTH achieved a market capitalization of approximately $468 million, with an…
Institutional Investors Bullish on Crypto: 64% Plan Increased Investment A recent survey by Coinbase, the largest cryptocurrency exchange in the United States, has revealed a strong trend among institutional investors towards increasing their investment in cryptocurrencies over…
Sushi Partners with ZetaChain for Native Bitcoin Swaps Across 30 Blockchains Sushi, a decentralized finance (DeFi) platform, has entered into a partnership with ZetaChain to explore the potential of native Bitcoin swapping across 30 different blockchain networks. This…
Crypto and Blockchain Highlights: ASIC Wars, Neon EVM, and More 1. Potential Sino-US Bitcoin ASIC War The latest Miner Weekly report by BlocksBridge Consulting suggests the possible onset of a Sino-US bitcoin silicon war. US startup Auradine, boasting 4nm technology, has…
Philippines Spearheads Financial Innovation with $180 Million Tokenized Treasury Bonds The Philippines Bureau of the Treasury is set to make a groundbreaking move in the world of finance by issuing tokenized Treasury bonds, a first in the country's history. This initiative,…
Ripple’s Navin Gupta Stresses the Importance of Activity-Based Crypto Regulation – Here’s What You Need to Know In a recent interview at the Ripple Swell 2023 event in Dubai, Navin Gupta, Managing Director of South Asia, Middle East, and North Africa at Ripple, emphasized the…
Disney Partners with Dapper Labs to Launch NFT Platform 'Disney Pinnacle' A New Era of Digital Collectibles: Disney and Dapper Labs Bring Beloved Characters to the Blockchain In a move that marries nostalgia with modern technology, Disney has joined forces with Dapper Labs,…
Goldman Sachs Leads $95 Million Funding Round for Blockchain Payment Company Fnality Goldman Sachs, a global investment bank, along with French multinational bank BNP Paribas, have led a new funding round for Fnality, a blockchain-based payment company. Since its inception in…
Cryptocurrency Ranks as Second Most Popular Investment Asset in France A recent survey, conducted on behalf of the Organisation for Economic Co-operation and Development in the spring of 2023, reveals a significant trend in the French investment landscape. According to the…
Bitcoin Miners Rejoice as Hashprice Hits Six-Month High Bitcoin miners have been in high spirits as the hashprice, a critical metric in mining profitability, has continued to climb, reaching a six-month peak. Since the price surge in late October, miners have sold over 5,000…
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