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Mercari’s Crypto Surge: Ninefold Growth in Melcoin Exchange Revenues

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Mercari, Japan’s e-commerce titan, has seen an extraordinary surge in its crypto exchange business, with its Melcoin arm reporting a ninefold increase in trading revenues over the past year. The company’s Q3 financials, published on its official website, reveal that Melcoin generated 271 million yen (approximately $1.8 million) in revenue from July to September 2024. … Read more

Coinbase Unveils New Engineering Hub in Singapore to Strengthen APAC Presence

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Coinbase, one of the world’s leading cryptocurrency exchanges, has announced the launch of a new Engineering Hub in Singapore. The initiative is part of the company’s broader expansion strategy in the Asia-Pacific (APAC) region and aims to bolster the local developer ecosystem, promote blockchain innovation, and further the growth of the Web3 economy. The hub … Read more

Shiba Inu (SHIB) Ecosystem Sees Revival as Shibarium Reaches Full Capacity

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The Shiba Inu (SHIB) ecosystem is experiencing a resurgence in both activity and investor interest as its layer-2 scaling solution, Shibarium, nears full operational capacity. This renewed momentum comes on the back of a broader crypto market rally, with increased whale activity signaling a surge in confidence around SHIB and its associated ecosystem. However, the … Read more

Israel’s State Comptroller Criticizes Tax Authority for Inadequate Crypto Tax Collection

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Israel’s State Comptroller, Matanyahu Englman, has sharply criticized the Tax Authority for its failure to strengthen efforts to collect taxes on cryptocurrency transactions, highlighting a significant gap in the country’s tax collection capabilities. This comes amid rising debt and the ongoing impact of war on Israel’s economy. A report from Israel’s leading financial newspaper, Globes, … Read more

Helio Pay Expands Multichain Payment Options for Shopify, Adding Bitcoin, Ethereum, and Layer 2 Support

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Helio Pay, a leading cryptocurrency payments platform, has announced a significant update to its Solana Pay integration on Shopify, expanding its capabilities to support multiple blockchain networks. The new update enables merchants to accept payments in a broader array of digital currencies, including Bitcoin (BTC), Ethereum (ETH), and various Layer 2 solutions, alongside Solana. This … Read more

Binance Charity Donates $3 Million to Spanish Red Cross for Valencia Flood Relief

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In response to the devastating floods that have recently struck the Valencia region of Spain, Binance Charity has pledged a generous $3 million donation to the Spanish Red Cross (Cruz Roja Española) to support urgent disaster relief efforts. The crypto exchange is stepping in to help affected communities by providing quick and much-needed assistance to … Read more

Bitcoin and Ethereum Surge Amid Election Day, Bullish Sentiment Dominates Crypto Market

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As Election Day unfolds in the United States, the cryptocurrency market seems to be riding a wave of bullish sentiment. While voters head to the polls, Bitcoin (BTC) and Ethereum (ETH) are seeing significant price increases. Bitcoin has hit a new All-Time High (ATH), surpassing $75,000, a historic milestone. At the time of writing, Bitcoin … Read more

XRP Sees Price Surge Amid Bitcoin’s Record High, Key Resistance Levels Ahead

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Today’s crypto market opened on a highly positive note, with Bitcoin (BTC) reaching an all-time high of $75,407.1 per BTC, according to data from Binance, the world’s largest crypto exchange. This historic surge in Bitcoin’s price has had a ripple effect throughout the crypto market, with many altcoins also benefiting from the momentum. One notable … Read more

Cardano’s Market Cap Reaches $12.64 Billion, Still Far from All-Time High

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Cardano (ADA) has seen a notable boost in its market cap, which recently hit $12.64 billion, marking a positive shift for the cryptocurrency. However, it is still a long way from its peak market capitalization of $94.8 billion, which occurred during the height of the crypto bull run in 2021. Despite this increase, ADA’s price … Read more

Strike Makes Bitcoin Management Easier with BTC Auto-Withdrawals

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Strike is revolutionizing the way Bitcoin holders manage their assets by introducing a powerful new feature: BTC Auto-Withdrawals. This feature makes it easier than ever for users to automatically transfer their Bitcoin to their wallets without any additional steps. Best of all, it’s completely free—no fees, no hassle. What Is Bitcoin Auto-Withdrawal? In simple terms, … Read more

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