Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish pattern ETH’s price fell to its six-month low of $2,159 on Jan. 24, 2022, only to rebound sharply to as high as $2,724 days…
Binance’s terminated partnership with Paxos leads to the launch of stablecoin FDUSD, and Binance plans to collaborate with other stablecoin projects. Key Points The Chief Executive Officer of Binance, Changpeng Zhao (CZ), recently revealed that the terminated partnership with Paxos has led to the introduction of the stablecoin FDUSD. In 2019, Binance and Paxos collaborated…
Renowned blockchain sleuth ZachXBT recently pointed a finger at the NFT venture, Pixel Penguin, accusing it of operating a ‘charity rug pull’. The project garnered considerable notice when Andrew Wang, a notable Web3 influencer, suggested the initiative aimed to support a cancer-stricken woman, named Sara. Today @andr3w supported a charity project rug by @hopeexist1 someone…
Criminal Groups Adopting Crypto for Smuggling Operations India’s Directorate of Revenue Intelligence has published a report showing something I find quite concerning. Criminal networks are moving away from traditional hawala money transfer systems and embracing stablecoins instead. The shift appears to be happening faster than many expected. The 2024-25 Smuggling in India Report details how…
Web3 fans, digital artists, and business leaders were eagerly waiting for the return of the Non-Fungible Conference. With 200 important figures from the Web3 industry, traditional and digital artists, and 5,000 visitors, the conference is expected to double its attendance after a sold-out debut last year that was attended by more than 2500 artists, collectors,…
SEC Chair Clarifies Crypto Token Categories SEC Chair Paul Atkins made some of his most direct statements yet about which crypto tokens should be considered securities during a lengthy speech on Wednesday. His comments provide clearer guidance about how the Wall Street regulator plans to handle the growing crypto industry under the current administration. Atkins…
Satoshi AI Infrastructure is leading the way in leveraging AI and DeFi, repurposing crypto mining equipment, and creating a distributed AI network backed by industry statistics The growing integration of artificial intelligence (AI) into various sectors of the economy has led to an increased demand for computing resources to power complex machine learning algorithms. According…
ATFX is a broker offering the ability to trade a range of assets and aims to make their platform simple to use with support for the MetaTrader 4 software. ATFX prides itself on offering competitive pricing for clients.Trading with ATFX gives clients access to an FCA-regulated broker for trading CFDs and forex. The goal of…
Tallinn, Estonia, June 17, 2024 – BLOCX. TECH announces the launch of its new suite of Web3 solutions, designed to integrate various digital management and security services into a single platform. The suite includes B. Desktop, B.TXT, B. Marketplace, and B. Guard, each catering to different aspects of digital management. B.Desktop serves as an all-in-one…
Global Markets React to Japanese Bond Shock Crypto markets took a significant hit yesterday, and I think the reason might surprise some people. It wasn’t about some blockchain hack or regulatory crackdown. Instead, it came from Tokyo, where Japan’s 10-year government bond yield jumped to 1.84%. That’s the highest level since April 2008, which is…
