Last week, digital asset investment products experienced $305 million in outflows, a significant amount that has caused negative sentiment among various providers and regions. The main reason behind this trend, according to CoinShares, is the stronger-than-expected economic data coming out of the United States. This data has lowered the probability of a 50-basis point interest
Yuga Labs, the company behind the immensely popular Bored Ape Yacht Club, has recently announced a new initiative that could potentially reshape the future of the company. The brainchild of co-founder and current CEO Greg Solano, “The Workshop” is poised to be a team comprised of “no fat, just doers.” The primary aim of this
In recent news, crypto exchange OKX’s Singaporean entity, OKX SG, has made significant strides by securing a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license is highly coveted in Singapore and allows businesses to operate without daily or monthly transaction limits. The appointment of former regulator Gracie Lin as
Bitcoin’s price has been on a wild rollercoaster ride in the past 24 hours, plunging to a 2-week low of $57,100. This sharp downturn comes after a week of fluctuations that saw the digital asset reaching highs of over $65,100. The sudden drop has left many investors scratching their heads, wondering what the future holds
Cardano has recently completed its Chang upgrade, signaling a shift towards a decentralized governance system. This upgrade, named after the Chinese mathematician Ch’ang Shou, represents a significant milestone for the ADA network. One of the key changes introduced by the upgrade is the implementation of on-chain voting, allowing ADA holders to actively participate in shaping
The recent case of a London resident being charged with operating a Bitcoin ATM without proper registration has raised concerns about the oversight of cryptocurrency transactions in the UK. Habibur Rahman, 37, was arrested following a raid by Kent Police at a gadget shop in Chatham, where several crypto ATMs were found, including one prominently
Semilore Faleti is known in the cryptocurrency world as a dedicated writer with a specialization in journalism and content creation. His journey into the realm of blockchain and digital assets started with a broad scope of writing on various subjects. However, as he delved deeper into the complexities and nuances of cryptocurrencies, he discovered his
The payments industry has seen significant growth over the last five decades, becoming one of the largest and fastest-growing sectors globally. However, a major issue plagues this sector – it still relies on outdated technology rails that are becoming increasingly inefficient with time. According to a report from Binance Research, blockchains, distributed ledger technology (DLT),
Peter Diamandis, the founder of X Prize and Singularity University, recently posed a question to his 262K+ followers on X regarding the resilience of Bitcoin. The responses he received shed light on the unique characteristics of this cryptocurrency. One commenter highlighted the fact that Bitcoin has never failed to deliver on its promises in the
Opeyemi is not just any writer; he is a passionate enthusiast in the dynamic and fascinating world of cryptocurrencies. Despite not initially choosing the digital asset industry, he has found himself completely captivated by it for over two years now. His dedication shines through in the unique and insightful pieces he creates, unraveling the complexities