Web3 Reinvented: Polygon Labs, Sequence Join Forces To Transform Infrastructure
The Web3 industry offers a diverse range of services, creating a dynamic landscape for individuals. A notable development in this space is the recent partnership announcement by Horizon, the creators of Sequence, aimed at redefining Web3…
Digital Ruble Law Likely to Be Passed in June According to Russian Official
The digital ruble law project, which was already discussed and approved in its first reading, could be passed in June, according to Anatoly Aksakov, chairman of the Duma’s Financial Markets Committee. The Bank of Russia is currently waiting for the…
OpenAI launches official ChatGPT app for iOS, Android coming ‘soon’
While it is currently only available in the United States, a full global rollout could see more than a billion users access to the official app on iOS.
Binance Halts Deposits and Possibly Withdrawals for Aussie Users After Being Cut Off by Australian Payment Service Provider
Binance Australia said on May 18 that it is “unable to facilitate PayID AUD deposits for Binance users” due to a third-party payment service provider’s decision to discontinue support for the crypto exchange. Binance Australia…
Ethereum Price Faces Confluence Of Bearish Factors and At Risk of Another Decline
Ethereum price is struggling below the $1,840 resistance against the US Dollar. ETH could decline heavily if there is a clear move below the $1,780 support. Ethereum is currently facing many hurdles near the $1,840 resistance zone. The price is…
Blockchain arms race risks being won by 'adversarial nations' — US crypto lobby group
The Chamber of Digital Commerce has urged Congress to set up a Digital Asset and Blockchain Technology Solarium Commission to develop crypto regulation.
Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $27,500
Bitcoin price is struggling below $27,500. BTC is now at risk of a downside break unless there is a close above the $27,500 resistance. Bitcoin started another decline and traded below the $26,800 level. The price is trading below $27,200 and the…
Coin Cafe to repay $4.3M in fees that 'wiped out' investors' Bitcoin accounts
The platform was charging investors ‘exorbitant and undisclosed fees’ with one user being charged recurring fees of $51,000 over a span of 13 months, according to the statement.
Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay
The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the way for “the possible implementation of a retail central bank…
FTX pursues $244M clawback from 'wildly inflated' Embed acquisition deal
FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a "wildly inflated" price for the company.
NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of…
Binance Australia partner hints at rising ‘scams’ after debanking exchange
Cuscal, the company that handles the Australian dollar on- and off-ramping for the exchange, declined to comment specifically on why it decided to pull support for Binance Australia.
Venezuela’s President Declares Inevitable Shift Away From US Dollar in De-Dollarization Push
Venezuelan President Nicolas Maduro has announced that Venezuela will shift away from using U.S. dollars in trade, emphasizing that the de-dollarization process is “inevitable.” He described: “This is the path of Venezuela and the path…
I run a Ledger competitor — but I support them in blow-up over keys
Ledger’s latest update — aimed at making private seed phrases on its wallets recoverable — was simply an attempt to innovate and improve user security.
Bitcoin defense lawyer says Craig Wright lawsuit could harm open source software
The Bitcoin Defense Legal Fund’s chief legal officer spoke out against an “extraordinarily dangerous” lawsuit initiated by Craig Wright, a person who claims to be Bitcoin creator Satoshi Nakamoto.
MATIC Surges Past Key Resistance Level: Can This Breakout Sustain?
The MATIC price recently broke above a key resistance level, indicating a positive development. However, its price appreciation over the past week has been modest, with only a 2% increase. MATIC has remained close to a critical support line on its…
Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows
Interest rate hikes in the euro area are already causing a decline in housing investment, the zone’s central bank revealed in a study. While smaller than in the United States, the impact of the monetary policy tightening on the Old Continent is…
Brink Announces $1 Million Donation-Matching Campaign From Marathon Digital Holdings For Bitcoin Development
On stage at the Bitcoin 2023 conference, Brink announced a matching campaign for donations from Bitcoin mining firm Marathon Digital Holdings to support the work of Bitcoin Core developers. Marathon will match donations made to Brink on a…
IBEX Mercado Announces Partnership With Grupo Salinas Bringing Lightning Access To Millions Of Mexican Citizens
IBEX Mercado, a bitcoin Lightning payment service provider, has announced a new partnership with Grupo Salinas, one of the largest corporate conglomerates in Mexico.“Over four million Mexicans can now pay with bitcoin for their cable, internet, and…
Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume
Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the past week…
MicroBT Releases New Line Of WhatsMiner M50 Series At Bitcoin 2023
MicroBT, the Bitcoin ASIC manufacturer behind the WhatsMiner line of ASIC mining machines, unveiled its latest offerings at Bitcoin 2023 in Miami Beach. Dr. Zuoxing Yang, the founder and CEO of MicroBT, highlighted the importance of "High density…
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