Gold 24K AED 476.76/gUSD/AED 3.6725USDT/AED 3.6687AED/INR 25.84All live rates →

Yield-Bearing Bitcoin: Nordic Countries Get First-Ever Bitcoin Staking ETF

6644bde4429b1

Canadian fintech company DeFi Technologies revealed on Tuesday that its subsidiary, Valour, has rolled out what it claims to be the world’s first yield-bearing Bitcoin exchange-traded product (ETP). The product allows investors in Nordic markets to gain exposure to BTC while earning a 5.65% yield. Olivier Roussy Newton, CEO of DeFi Technologies, expressed excitement about … Read more

Chinese Police Dismantle $1.9 Billion Smuggling Operation Involving Tether (USDT)

6644bb9e2c3e5

Authorities in Sichuan province have effectively disrupted a significant underground banking operation linked to smuggling activities valued at 13.8 billion yuan, approximately $1.9 billion. As reported by local news outlets, the illicit network was involved in a range of illegal endeavors, leveraging Tether’s stablecoin USDT to aid in the smuggling of pharmaceuticals, cosmetics, and the … Read more

Metaverse Goes Browser-Based: Ditch the Headset, Dive in Online

6644b8e5d4848

In recent years, the concept of the metaverse has gained increasing traction in mainstream awareness, with platforms like The Sandbox becoming well-known entities beyond the confines of Web3. However, despite the initial excitement, developers in the space have faced challenges in onboarding new users, hindering the continued development of digital reality. In an effort to … Read more

$140 Million in Profits Funneling into Tron: Will TRX Price Rise?

6644b73e56c89

Tron’s (TRX) price has been steadily climbing for over three weeks, indicating a breakthrough above a significant price threshold. The gradual accumulation by whales, although modest, is consistently driving the price upward, thereby stimulating demand in the market. Tron Whales May Contribute to Price Growth Whale accumulation has been observed to have an impact on … Read more

Solana’s TEV Victory Over Ethereum: A Asterisk Applies Due to Layer-2

66449951a0b7d

Solana achieved a significant milestone on May 12 by generating more Total Economic Value (TEV) in a single day than Ethereum, marking the first instance of Solana surpassing Ethereum in this metric. However, this accomplishment has stirred some debate within the crypto community. According to data from Blockworks Research, Solana recorded $2,248,681 in TEV on … Read more

Bitcoin Champion MicroStrategy Joins MSCI: Is This a Bullish Sign for Crypto?

664498267616d

MicroStrategy, renowned for its substantial Bitcoin holdings, has recently been incorporated into the MSCI World Stock Index, signaling a growing acceptance of cryptocurrency within traditional investment portfolios. MicroStrategy gained widespread attention during the pandemic for its bold move of utilizing a significant portion of its cash reserves to acquire Bitcoin. Presently, the company holds 214,400 … Read more

Telegram Makes a Move: Wallet Distributes 1 Billion ‘Not Tokens’ to TON Holders

664495b346268

Telegram Wallet has recently unveiled its collaboration with Notcoin, a move that has earmarked one billion NOT tokens for Toncoin holders. Under this partnership, crypto enthusiasts can benefit by depositing up to 100 Toncoin into their bonus accounts, enabling them to receive 5 $NOT for every TON on a daily basis. Through Telegram Wallet, cryptocurrency … Read more

Revolutionizing Crypto Safety: Consensys Unveils MetaMask’s Smart Transactions

664492f02b403

According to Wu Blockchain, a crypto news reporter, Consensys has launched Smart Transactions, an innovative technology that will be available globally as an optional feature on MetaMask. Smart Transactions aim to tackle critical issues such as transaction success rates, gas costs, and protection against MEV attacks. Smart Transactions utilize advanced technology to ensure the privacy … Read more

Bitget Wallet Unveils $10M Fund to Fuel Onchain Layer and Web3 Growth

6644907c74f0c

Bitget, a cryptocurrency exchange, is venturing into creating its own on-chain ecosystem, following the footsteps of exchanges like Binance, OKX, and KuCoin. According to a statement from Bitget shared on May 15, the Bitget Onchain Layer will integrate various native DApps within the Bitget Wallet through collaborative efforts with developers. Additionally, the exchange has established … Read more

Circle Sets Sights on US Soil: Stablecoin Issuer Eyes US Legal Base

66447c537d9b8

Circle, a stablecoin issuer, intends to shift its legal headquarters from the Republic of Ireland to the United States. According to a report from Bloomberg on Wednesday, the company has filed court documents for this relocation.  This move comes after Circle submitted plans for an initial public offering to the US securities regulator in January. … Read more

About  ·  Contact  ·  Privacy Policy  ·  Editorial Policy  ·  Advertise  ·  Newsletter
Follow: X  ·  LinkedIn  ·  Instagram  ·  Binance Square  ·  CoinMarketCap  ·  Gate