As Meta’s Threads celebrates first anniversary, will it now become a challenger to X?
Despite Threads hitting 175 million monthly active users, it’s still too early to say whether it could become another X one day.
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Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans
The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans.In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes:“We believe there may be attractive opportunities to provide digital currency borrowing facilities to deepen our high quality customer…
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FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit.
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Central Banker: CBDCs Are a Flexible Tool for Zero-Interest Rate World
Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility at a time of “unconventional monetary policies.” Marcel made the comments in a speech titled “High-level Policy Panel Discussion on Central Bank Digital Currencies" at the OECD Global Blockchain Policy Forum held in Paris on Sept. 12.Disruptive FinTech addressing “some gaps”…
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Koinos to launch its free-to-use blockchain mainnet
Formed by Steem blockchain veterans, the platform offers a universal programming language, free account transfers and its own smart contracts system. 491 Total views 6 Total shares Layer-1 decentralized blockchain Koinos is set to launch its mainnet on Nov. 5. It will be a free-to-use platform based on a proof-of-burn (PoB) consensus algorithm, built to…
Crypto.com to become preferred exchange for PayPal USD
PayPal launched its U.S. dollar-backed, Ethereum-built stablecoin in August 2023. 94 Total views 1 Total shares Singapore-based exchange Crypto.com has teamed up with PayPal and Paxos to become a preferred platform for PayPal USD (PYUSD). According to a press release from Sept. 28, Crypto.com currently possesses the deepest liquidity for PYUSD trading pairs globally. The exchange
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Here are the BTC price levels to watch with Bitcoin ‘hanging on $40K cliff’
Bitcoin (BTC) saw its first major test of $40,000 for several weeks overnight, but what price zones are traders watching next?Whether long or short-term, the answer for many is simple: the range is still intact.Bitcoin wobbles after "moment of truth"On the back of macro pressures, BTC/USD saw a moderate sell-off on Feb. 17 which continued…
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Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.
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Altcoins soar to multi-year highs while Bitcoin price gathers steam
Etheruem’s rally to a new all-time high is being followed by equally impressive performances from the majority of altcoins. 558 Total views 13 Total shares Ether (ETH) led the market higher as it trekked toward another new all-time high at $1,763. ETH CME futures are scheduled to launch on Feb. 9, leading many analysts to…