Vaibhavv Ali
CoinGate, a well-known cryptocurrency payment processor, has unveiled the incorporation of the Solana (SOL) network into its payment gateway. Effective today, May 14, merchants have the option to receive Solana (SOL) as a form of payment currency through CoinGate’s platform. Furthermore, the USD Coin (USDC) stablecoin is set to launch on the Solana network, with … Read more
The overall cryptocurrency market has experienced a resurgence, reigniting optimism for an altcoin rally. Leading this resurgence are meme coin, with Pepe (PEPE) notably making significant gains in the past day, surging by nearly 20%. PEPE has reached record valuations, but the community anticipates that its upward trajectory may continue, potentially entering another phase of … Read more
Animoca Brands Japan, in collaboration with Quidd, is set to unveil digital collectibles based on the beloved manga “FAIRY TAIL.” The upcoming collection from Animoca Brands’ Japanese subsidiary will showcase 29 iconic characters from the series, such as Natsu, Lucy, and Happy. These digital collectibles will be launched on Quidd, with availability starting from 5 … Read more
On May 14, Tether, a leading stablecoin issuer, froze $5.2 million in USDT linked to phishing scams. These funds were held in 12 Ethereum wallets tagged as “USDT Banned Address.” SlowMist’s chief security officer indicated that these addresses were used to launder money from phishing scams, without providing further details. Tether, the world’s largest stablecoin … Read more
According to DeFi^2, a well-ranked trader on Bybit, Worldcoin might become the largest wealth transfer in the next bull cycle. In a post on X, the prominent trader claimed that this wealth transfer would benefit the Worldcoin team and insiders at the expense of the public. He cited the project’s upcoming WLD token unlock and … Read more
On Monday, Paradigm, a crypto over-the-counter liquidity network, announced the launch of a block trading facility on the leading derivatives exchange Deribit for options linked to major alternative cryptocurrencies MATIC, SOL, and XRP. Paradigm stated on X that clients can now execute block trades in Polygon (MATIC), Solana (SOL), and Ripple (XRP). These linear options … Read more
VanEck’s spot Bitcoin exchange-traded fund (ETF) saw substantial growth in the first quarter of 2024. According to a recent filing with the Securities and Exchange Commission (SEC) by the VanEck Bitcoin Trust, the HODL Bitcoin ETF experienced a $109 million increase in net assets during the first fiscal quarter of 2024, which ended on March … Read more
Senators Ron Wyden and Cynthia Lummis have expressed significant apprehension regarding the existing crypto regulations in the US, particularly focusing on the Department of Justice’s (DOJ) recent position concerning non-custodial crypto asset software services. In a letter addressed to Attorney General Merrick Garland, they contend that the DOJ’s understanding of federal laws poses a risk … Read more
Cardano (ADA) continues to struggle with a bearish trend, with technical analysis suggesting the likelihood of further losses for the token. The lack of demand and minimal bullish sentiment contribute to its stagnant performance. Both Bitcoin (BTC) and Cardano are experiencing resistance levels, with BTC hovering between $60.8k and $63.3k, while Cardano remains within the … Read more
Industry stakeholders in the UK are confident that the upcoming national election won’t hinder the progress the country has made in regulating the crypto sector. Despite no official election date yet, it’s anticipated to occur this year. The current Conservative government, in power for almost 14 years, has been actively implementing crypto-related measures since 2022, … Read more