Glassnode analysis reveals that Ethereum addresses in profit have declined to 53.5% due to Ether’s recent 13% price drop, with potential for profit fluctuations pending significant market events. Key Points A recent analysis by blockchain intelligence platform Glassnode reveals that the percentage of Ethereum addresses currently in profit has decreased to approximately 53.5%. This decrease…
Stablecoins in the cryptoeconomy aren’t going to get a regulatory pass on the world stage, at least if the G20 group’s top financial watchdog has anything to say about the matter.On Tuesday, March 24th, the G20’s Financial Stability Board (FSB) published a report detailing how international and domestic financial authorities can address the regulatory challenges…
Sportswear giant Adidas has revealed the first chapter of its much-anticipated ALTS Dynamic NFT collection. This project marks the final phase of its Into the Metaverse initiative, which explores the intersection of fashion, gaming, and non-fungible tokens (NFTs). According to the company, the ALTS Dynamic NFTs will enable players to showcase their unique style and…
November 25, 2021– Rocket Network is about to announce the launch of RNK token, a completely decentralized traded cryptocurrency. The RNK token allows online payments to be sent directly from one party to another without the use of a centralized financial system. Using the Binance Smart Chain, the ecosystem enables fast and low-cost transactions (BSC)….
Compensation Following Market Turbulence Binance has completed a $283 million reimbursement to users affected by the recent market crash and token depegging incidents. The crypto exchange announced the compensation on Sunday, stating it covered users whose positions were liquidated while holding affected assets as collateral across Margin, Futures, and Loan products. The payout followed what…
FlareBank is building a decentralized finance (DeFi) application on the Flare Network, offering liquid delegation and yield generation services through an innovative tokenized vault system. The protocol allows users to deposit wrapped native tokens (WNAT – which represents wrapped FLR on Flare Network) into the Bank contract and receive BANK tokens in return. These BANK…
Dubai, 3 November 2023 – Revuto, a pioneering Web3 payment and subscription management platform that simplifies the way individuals manage their subscriptions for everything from entertainment services like Netflix and Spotify to productivity tools such as Asana and Google Workspace, has announced the successful close of its +$2M Seed funding round. The fintech company that…
Gemini’s Latest Crypto Card Focuses on Privacy Gemini has rolled out a new credit card this week that puts the spotlight on Zcash, the privacy-focused cryptocurrency. This marks the exchange’s fourth branded card, following earlier releases featuring Bitcoin, Solana, and XRP themes. What’s interesting here is the timing. Gemini just went public a few months…
XRP advocate attorney John Deaton’s discovery of SpendTheBits introduces a potential game-changer in the Ripple vs. SEC lawsuit, challenging the SEC’s argument and potentially influencing the outcome. Highlighting Points The Ripple vs. SEC lawsuit has captivated the cryptocurrency community for over two years, with the final ruling by Judge Analisa Torres anxiously awaited. The case…
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