Gaming is the ‘largest scale opportunity’ for crypto: Polygon co-founder
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Kraken OTC Head: Bitcoin Is Not a Safe Haven Yet
Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier has compared today’s cryptocurrency trading industry to how Wall Street used to be — adding that it is still too soon to call Bitcoin (BTC) a safe haven for investors.During the Nasdaq TradeTalks interview published on Aug. 22, Minier said:“Wall Street ain't what it…
Chinese regulators unite forces to crack down on crypto
The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto. 6198 Total views 25 Total shares The Chinese government is getting more serious about cracking down on the cryptocurrency industry as state authorities are bringing forces to combat crypto operations in the country.The People’s Bank of China (PBoC) officially…
Wells Fargo to pay $1B on shareholders lawsuit settlement
A Redditor highlighted the recurring violations of regulations by banks, expressing their frustration at the relatively muted response from the SEC. 90 Total views 36 Total shares Financial services firm Wells Fargo has reached a settlement in a class-action lawsuit, agreeing to pay shareholders $1 billion. The lawsuit alleged that the bank had misled its…
Heroic Story secures $6 million to build Web3 tabletop RPG world
The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology. 225 Total views 9 Total shares Web3 gaming protocol Heroic Story raised $6 million in a seed round led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology, the company announced on Nov. 17.The funds will be…
New Solana feature allows crypto transactions on any website
Solana Actions and blockchain links will allow users to create and share transactions via a URL on websites, social media platforms and physical QR codes.
Will weakness in Magnificent 7 stocks spread to Bitcoin price?
The mega-cap tech stocks, which saw a robust start in 2023, are now grappling with massive trillion-dollar losses, leaving their shareholders concerned. Wall Street's unease over surging bond yields and higher interest rates has cast a shadow on these companies. Traders are now pondering the potential impact on Bitcoin (BTC) if the S&P 500 downtrend
Price analysis 1/11: BTC, ETH, XRP, LTC, BCH, ADA, DOT, LINK, BNB, XLM
After an incredible run-up to nearly $42,000, Bitcoin (BTC) price finally entered a significant correction, and at the time of writing the price is down by about 18%. While the swift drop to $30,402 may not induce sleepless nights from the HODLer crowd, large drops like the one seen over the past 24-hours can easily…
Nigeria’s central bank issues draft guidelines on eNaira CBDC project
CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC. 133 Total views 75 Total shares The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed eNaira digital currency.In a sensitization document sent to commercial banks in the country, the CBN outlined…