Coinbase, one of the leading cryptocurrency exchanges, has raised the interest rate on USDC (USD Coin) from 4% to 5%. This marks a significant increase of 150% compared to the previous 2% rate in June. The boost in interest rates comes after the SEC clarified its stance on stablecoins, categorizing them as not being unregistered
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Pepecoin (PEPE), once a rising star in the cryptocurrency world, has experienced a precipitous decline in value. Since reaching its record high of $0.00000448 in May 2023, PEPE has plummeted by nearly 85%. Unfortunately, the downward trend shows no signs of abating in the coming month of September. Over the past two weeks, Pepecoin has
The G20 leaders are making significant strides in the development of a Crypto Asset Reporting Framework, as reported by The Times of India on September 9th. This framework aims to facilitate the collection and sharing of information among G20 member countries regarding the use of cryptocurrencies and digital assets. The primary objective is to prevent
The recent bankruptcy of FTX, a once-prominent crypto exchange, has left many in a state of financial distress. While the company is aiming to resume operations in the future, it is now seeking to recover some of the funds it paid to professional athletes and teams who had promoted the exchange. High-profile personalities such as
Shiba Inu (SHIB) has recently faced challenges as its price struggles to gain traction in the volatile cryptocurrency market. The investors who once witnessed a major rally between mid-June and mid-August are now confronted with the harsh reality that these gains have been nearly wiped out. As we enter the final quarter of the year,
As the demand for high-quality digital content continues to rise, companies are seeking effective tools to streamline the content creation process. One innovative solution that has recently emerged is WriteMingle, a software application developed by yPredict, an AI-powered platform that specializes in price prediction. This article explores the features and benefits of WriteMingle, highlighting its
Binance, one of the leading cryptocurrency exchanges, has recently announced its decision to terminate support for features related to non-fungible tokens (NFTs). The company stated that it will cease support for all Polygon-based NFTs on September 26, and users are required to withdraw their Polygon NFTs by December 31. This move comes as part of
JP Morgan, the prominent American financial services company, is on the brink of revolutionizing cross-border payments and settlements. The company has been quietly developing a new type of token, known as a deposit token, which could potentially accelerate traditional settlements and bring about a more cost-effective system. Deposit tokens are digital coins that serve as
In recent months, a series of shocking deaths related to cryptocurrency have garnered global attention. These cases include the discovery of decomposing remains in Sofia, suspected murders, kidnappings, and even a helicopter crash. As we delve into these disturbing incidents, it becomes clear that there is a dark underbelly to the world of cryptocurrency. Financial
Korean game publisher Neowiz, known for its success in the gaming industry, is venturing into the world of blockchain games through its Web3 division, IntellaX. With a strong foothold in the gaming sector, particularly in Korea, Neowiz is now looking towards the promising opportunities offered by the Avalanche blockchain. This article will explore Neowiz’s initiative,
The Ethereum ecosystem has been revolutionized by the emergence of zero-knowledge (ZK) proof solutions. However, according to Nicolas Liochon, the head of Consensys’ zkEVM Linea, the introduction of proto-danksharding is set to dramatically reduce the cost of rollups. In an exclusive interview with Cointelegraph Magazine, Liochon projected that proto-danksharding could decrease rollup costs by a
The world of cryptocurrency has seen the emergence of meme coins, capturing the attention of both the crypto community and a wider audience. Projects like Wall Street Memes, Shiba Inu, and Dogecoin have gained popularity due to their unique blend of humor, culture, and financial speculation. In this article, we will explore these meme coins
The future of Bitcoin has been a topic of great speculation and debate within the cryptocurrency community. Benjamin Cowen, an analyst and founder of Into The Cryptoverse, has recently shared his insights on the potential trajectory of Bitcoin in the coming month of September. Based on his analysis and comparisons to historical data, Cowen predicts
The U.S. Commodity Futures Trading Commission (CFTC) has recently made significant progress in a case involving Mirror Trading International Proprietary Limited (MTI). The CFTC announced on September 7th that a South African company, MTI, has been found liable for multiple types of fraud. As a result, the company has been ordered to compensate the numerous
Recently, there have been various rumors and negative news surrounding Binance, causing fear, uncertainty, and doubt (FUD) among investors and the wider cryptocurrency community. Binance’s co-founder and CEO, Changpeng ‘CZ’ Zhao, took to Twitter on September 7th to address these concerns and assure the public about the company’s stability and financial position. Despite the market
Bankrupt cryptocurrency lender Celsius Network has taken legal action against EquitiesFirst Holdings by submitting an “adversary complaint.” This move comes as Celsius attempts to recoup assets from the private lender, which reportedly owes a total of $439 million. The debt includes $361 million in cash and 3,765 BTC as of July 2022. Celsius is seeking
In a devastating blow to the crypto gambling industry, the notorious North Korean Lazarus Group has been identified as the perpetrator behind the recent $41 million hack of Stake, a popular crypto gambling platform. This revelation, made by the Federal Bureau of Investigation (FBI) on September 7, has sent shockwaves throughout the cryptocurrency community. Stake,
Former FTX co-CEO Ryan Salame is expected to plead guilty to the criminal charges against him, according to Bloomberg. This comes as a major blow for FTX Digital Markets, which already faced collapse last year. Salame, who was jointly in charge with Sam Bankman-Fried, is scheduled to appear at the Manhattan federal court on Thursday
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have released a comprehensive report commissioned by G20 under India’s leadership. The report focuses on regulating crypto-assets such as Bitcoin and stablecoins. It aims to address the financial stability and integrity risks associated with the rapid growth of these digital assets. The IMF and
Web3 games platform Tamadoge has recently announced an exciting new burn program aimed at boosting the scarcity and value of its native token, $TAMA. This comprehensive strategy for reducing the circulating supply of $TAMA involves three different burn methods: Mega Burns, Community Burns, and Platform Revenue Burns. The burn program is a key component of
A major Korean finance powerhouse, Mirae Asset Securities, has recently announced its collaboration with Polygon, a popular blockchain network. This partnership has sparked interest and curiosity about how it will potentially affect the price of Polygon’s native cryptocurrency, MATIC. In the early hours of September 7, 2023, Mirae Asset Securities, South Korea’s largest financial group
During the recent Korea Blockchain Week, Planetarium Labs, a company renowned for their community-driven Web3 gaming experiences, showcased two highly anticipated titles at the Web3 Game ‘Unplugged’ event. This event, co-hosted by Animoca Brands and Intella X, provided gaming enthusiasts with a sneak peek into the next big developments in the decentralized gaming arena. Let’s
Privacy in financial transactions has become a crucial concern for individuals around the world. With the rise of blockchain technology and the increasing use of cryptocurrencies, the need for secure and private transactions has never been more apparent. One solution to this problem is the use of privacy pool systems, which allow users to prove
Trading can be a precarious endeavor, often resulting in financial loss for many traders due to the inability to accurately forecast asset prices. Recognizing this challenge, yPredict has emerged as a pioneering platform that aims to combine artificial intelligence (AI) and financial expertise to revolutionize the trading experience. yPredict has meticulously laid out a comprehensive
SBI Group, a well-known financial holding company from Japan, has recently announced its partnership with Ripple and SBI Ripple Asia to offer an innovative XRP (XRP) remittance service through its international remittance services arm, SBI Remit. This collaboration aims to provide efficient and cost-effective remittance solutions to bank accounts in various Southeast Asian countries. SBI
The Monetary Authority of Singapore (MAS) has imposed new regulations on Coinbase Singapore, requiring users to provide additional counterparty information for cryptocurrency deposits and withdrawals. These measures aim to comply with anti-money laundering and countering the financing of terrorism regulations. Coinbase Singapore users will now need to furnish specific information while initiating transactions involving digital
As the cryptocurrency market grapples with a tense market sentiment, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, finds itself under scrutiny. Crypto investors are on edge, with some sounding cautionary alarms about the potential for further price erosion before any sign of recovery. The past few weeks have been tumultuous for Ethereum, as its