The layer-1 blockchain MultiversX (EGLD) is dominating the crypto gaming sector in terms of development activity, according to the analytics firm Santiment. Santiment notes that MultiversX, formerly known as Elrond, registered 228.73 notable GitHub events in the past 30 days. The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) was second, clocking 195.03 events. Wrapped Nine […]

In a concerning trend, TRM Labs found that illicit activity at crypto ATMs is significantly higher than in the broader crypto industry. This has prompted law enforcement and regulators across the world to leverage blockchain intelligence to investigate fraud and financial crime involving these machines. Increasing Illicit Activity at Crypto ATMs According to the latest […]

Quidax becomes first cryptocurrency exchange in Nigeria to receive provisional operating license from Securities and Exchange Commission

The crypto market has seen some recovery over the last few days, with the weekend becoming one of its most bullish periods. However, despite the notable rise in the crypto market, crypto analyst Alan Santana has warned of a potential crash that could send the market spiraling. This crash, if materialized, could see the crypto […]

Scientists are using quantum algorithms to uncover new insights into how our brains learn and apply information.

The Trump family’s decentralized finance (defi) venture, World Liberty Financial, which has been shrouded in secrecy for quite a while, has now revealed another development—the launch of an “epic meme contest.” The news broke on the social media platform X, where the World Liberty Financial account shared, “To celebrate President Trump’s tweet about us yesterday, […]

IREN (NASDAQ: IREN) just became yet another publicly-listed Bitcoin (BTC) miner from Wall Street, which significantly increased its revenue over the last year, benefiting from higher cryptocurrency prices. According to the results for the fiscal year ended June 30, 2024, revenues grew by 145%, and the number of mined BTC increased by 30%. IREN Reduces […]

Ripple’s recent strategic alignments with major banks and the potential adoption of its new stablecoin, RLUSD, could signify a transformative moment for XRP’s growth. As Ripple positions itself within the stablecoin market, its latest developments hint at a promising future for both the company and the broader XRP ecosystem. Ripple has successfully minted and tested […]

The “Cryptocurrency ATMs Market ” is predicted to attain a valuation of USD xx.x billion in 2023, showing a compound annual growth rate (CAGR) of …

On-chain data reveals intriguing development on Bitcoin market

Decentraland (MANA) is at a critical juncture as it faces a key trendline retest that could determine its next major move. With the price hovering near a crucial support level, market watchers are keen to see whether MANA will hold the line and spark a bullish reversal.  A successful defense of this trendline could trigger […]

Even artificial workers can’t escape the bureaucracy.

Australia ranks highly for crypto ownership among developed countries and is now installing the facilities for investors to quickly withdraw BTC for cash. Melbourne, Sydney, Perth and Brisbane/Gold Coast lead the way, with the nation home to approximately 1,200 Bitcoin ATMs. This means the country has the third-most Bitcoin ATMs in the world, trailing only […]

The Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit has reportedly apprehended 14 individuals involved in a $12.8 million (16 billion won) crypto mining scam. The operation’s ringleader, a man in his 40s identified only by his surname Lee, went to extraordinary lengths, including undergoing plastic surgery, to avoid detection by law enforcement. Mastermind Had […]

For decades, loyalty programs have been a staple of customer retention strategies across various industries. From airline miles to hotel points, these programs have promised consumers a tangible return for their loyalty. But as the digital landscape evolves, a new breed of loyalty programs is emerging, particularly within the burgeoning world of crypto casinos and […]

Mercuryo, a global payments infrastructure platform, has launched on-ramp services on Ninji Wallet, an "agile" cryptocurrency wallet.

According to Lookonchain, Ethereum co-founder Vitalik Buterin made a notable transaction today, transferring 800 ETH, valued at approximately $2.01 million, to a multi-signature wallet. He then exchanged 190 ETH for 477,000 USDC. Buterin has previously stated that he hasn’t sold ETH for personal gain since 2018, opting instead to donate it to charitable organizations or […]

Bitcoin maximalist Max Keiser expects USD to collapse within half year, Here’s major reason for that

On-chain data shows the Bitcoin supply sitting on exchanges has reached a new low for the year as investors continue to withdraw their coins. Bitcoin Exchange Reserve Has Been Riding A Downtrend Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC Exchange Reserve has continued its drawdown recently. The “Exchange Reserve” […]

Some members of the crypto community believe this could trigger a domino effect, with other countries potentially following Brazil’s lead.

Certain on-chain metrics suggest that blockchain scaling solution Polygon (MATIC) could be on the verge of a price reversal, according to the crypto analytics firm Santiment. Santiment notes MATIC recently witnessed a spike in active addresses and dormant coin movement. “Polygon has been among the many networks declining since crypto’s retrace began back in March. […]

HodlX Guest Post  Submit Your Post   The digital era is marked by limitless online communication, but at the same time, it raises concerns about our freedom and digital rights. After Pavel Durov – the founder of the messaging app Telegram – was arrested in France, the issue is escalating and coming to a pivotal moment. […]

The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s tokenized funds stand out, commanding a dominant 44.95% share of the net value. Tokenized Bond Market Breaks $2 Billion Barrier, With Ondo, Blackrock, and Franklin […]

TL;DR Bridge, co-founded by former Square and Coinbase executives, has raised $58 million in funding to develop a global stablecoin-based payments network. The company is looking to compete with traditional payment systems like Swift and credit cards through a stablecoin infrastructure. The growing acceptance of stablecoins like Tether and USDC is driving their use in […]

Transak has partnered with Soneium, a Layer-2 blockchain solution developed by Sony, to simplify onboarding and monetisation for gamers in the blockchain ecosystem. The partnership aims to facilitate mainstream users’ entry into the Web3 gaming space by allowing gamers to buy, transfer, and trade in-game assets and NFTs using traditional payment methods. Soneium has quickly […]

High centralization can lead to increased influence by a few entities, potentially undermining the decentralized ethos that crypto strives to uphold. However, centralization continues to be a major bone of contention in space. As such, popular project tokens – Polygon (MATIC) and Shiba Inu (SHIB) – have emerged as the leading examples of high concentration […]

Paraguay: Cheap hydroelectricity boosts cryptocurrency. Paraguay, with its low-cost hydroelectricity, has become a center for cryptomining, attracting …

As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts, the upcoming U.S. non-farm payroll report and Friday’s GDP data will play crucial roles in […]

Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”

Long-time crypto bull Anthony Pompliano is offering his forecast on Bitcoin (BTC) as the flagship crypto asset trades in a range. In a CNBC interview, Pompliano says Bitcoin has been trading sideways over the past couple of months due to reduced activity over the summer. “Well, I think it’s just sideways summer, you know. People […]

The cryptocurrency market has experienced a turbulent day, raising questions about the sustainability of Ethereum’s DeFi sector. Bitcoin (BTC) has dropped by 2.73%, settling at $58,000, while Ethereum (ETH) fell by 4.38% to $2,421. These declines come despite hints from Federal Reserve Chair Jerome Powell about potential rate cuts, which would typically boost market sentiment. […]

BlackRock’s Bitcoin ETF has recorded its second day with negative flows since its inception