63 US banks on the brink of insolvency: Why Bitcoin's next target is $100K

Since Feb. 6 Pundi X (NPXS) has rallied by 102%. While it would be easy to assume that it’s breakout is simply following in the hoof prints of the herd of altcoins that have been rallying alongside Bitcoin, the current move appears to be driven by an upcoming testnet launch and improving fundamentals. Pundi X is…

As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions. 325 Total views 6 Total shares Digital asset investment firm GEM Digital Limited (GEM) has committed $50 million to finance ParallelChain Lab following the launch of its mainnet and native token listing, XPLL, in Q4…

Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs

Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days. Three of the “big four” Australian banks are forming a new company called Lygon to digitize bank guarantees using blockchain technology. Bank guarantees are an official contract between a debtor and a financial institution. It ensures the debtor and the debt provider that…

Fear and trepidation spread across the crypto market last week following the high-profile collapses of Silvergate Bank and Silicon Valley Bank. 686 Total views 6 Total shares Own this piece of history Collect this article as an NFTCryptocurrency investment products lost 10% of assets under management last week as institutional investors rushed for the exit…

BitMex’s parent company has undergone a corporate restructuring to allow it to make investments in the digital currency space. 410 Total views 3 Total shares HDR Global Trading Limited, the firm behind veteran crypto derivatives platform BitMex, has undergone a corporate restructuring and will now be known as ‘100x Group.’HDR announced the new holding structure…

Ethereum staking withdrawals are gathering momentum but have not been able to cause a major sell-off as many anticipated post-Shapella upgrades. 858 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe price of Ethereum’s Ether (ETH) token edged toward $2,000 a day after the launch of the network’s…

A new wallet that has launched on Optimism allows users to generate an address without storing seed words, and the account can be saved using an ordinary Twitter login. Called “Beam,” the wallet runs in a browser window and requires no downloads, according to a July 27 announcement from its developer. It also allows users…

With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market. 94 Total views 3 Total shares The implications of what anti-crypto regulations can do to a thriving economy can be seen first-hand unfolding in India. Supporting the massive decline…