Month: August 2022

[ad_1] Bitcoin fell below $20,000 over the weekend amid selling pressure across equities and crypto. BTC price is back above the key level, with bulls currently battling bears around $20,245. The Bitcoin market is unfazed by the reported release of 140,000 Mt.Gox bitcoin to creditors. Bitcoin climbed back above $20,000 0n Monday following Friday’s sell-off […]

[ad_1] Global crypto exchange FTX will not be acquiring a majority stake in Huobi, according to CEO Sam Bankman-Fried, or SBF.  In a Monday tweet, SBF explicitly denied a Bloomberg report that claimed FTX was planning to purchase crypto exchange Huobi. Cointelegraph reported on Aug. 12 that Huobi co-founder Leon Li was considering selling his majority […]

[ad_1] CME says there’s growing demand for non-USD denominated crypto derivatives products.  The company also plans to launch options on Ethereum futures on 12 September.  Derivatives marketplace CME Group has announced its Euro-denominated Bitcoin (BTC) and Ether (ETH) futures contracts are now live. On Monday, August 29, 2022, the company officially unveiled two euro-denominated crypto […]

[ad_1] The investment round also included Binance Labs, Crypto.com, FTX Ventures and Circle Ventures among other institutional investors. EMURGO’s venture arm has invested in Web3 hackathon leader DoraHacks as it eyes further development of the Cardano (ADA) ecosystem. The funding round also attracted leading institutional investors within the crypto market, including FTX Ventures, Binance Labs, […]

[ad_1] Hochiminh, Vietnam, 30th August, 2022, Chainwire   Calo Metaverse has revealed that its second project will be Calo Indoor, the first application in the world to utilize the Burn-to-Earn (B2E) reward mechanism. The Calo Indoor app also combines AR (Augmented Reality) technology with GameFi elements that are synonymous with web3. Burn-to-Earn is a progression […]

[ad_1] National rugby captain Siya Kolisi will spearhead a two-year educational cryptocurrency advertising campaign in South Africa. The Springbok skipper has partnered with global cryptocurrency exchange Luno in the campaign’s rollout, which will feature a series of television adverts promoting a long-term investment attitude towards cryptocurrencies. Kolisi was front and center of the first advert […]

[ad_1] Virtuzone, the UAE’s main provider of corporate and business formation services, and Binance partnered to enable crypto payments via Binance Pay in the UAE.  With this, Virtuzone becomes the first company in the country to accept crypto payments via Binance Pay for business setup, Coin Journal learned from a press release. Reducing barriers to […]

[ad_1] OpenSea, the world’s largest nonfungible token (NFT) marketplace, has witnessed a substantial drop in daily volumes as fears about a potential market bubble grow. OpenSea volume plummets to yearly lows Notably, the marketplace processed nearly $5 million worth of NFT transactions on Aug. 28 — approximately 99% lower than its record high of $405.75 […]

[ad_1] The Indian government has been looking into the activities of CoinSwitch Kuber, and the CEO said it is because the government wants to know what the company does. Ashish Singhal, the CEO of Indian-based crypto exchange CoinSwitch Kuber, told Reuters, in an interview over the weekend, that the recent investigation by the Indian government […]