South Korea’s crypto investor surge drives CEX profits by 106%

When Facebook published the Libra white paper in June 2019, shockwaves were felt across the crypto markets the world over. Triggering the end of a long bear market, Bitcoin soared past the iconic $10,000 mark, and many prominent altcoins rose on the back of a phenomenon now known as the “Libra Effect.”As so often occurs…

Stablecoin minting and nonfungible tokens (NFTs) have been the latest trending topics in the cryptocurrency market and protocols like Terra (LUNA) have led the discussion on why stablecoins should be backed by assets like Bitcoin and Avalanche (AVAX). One project that appears to be following Terra's lead is Origin Protocol (OGN), a platform focused on NFTs…

Bitcoin whales haven’t accumulated this much Bitcoin over a 30-day period since April 2023, shortly after several local banks in the United States collapsed.

In the limited beta, Bicasso was taking user-submitted profile pictures and turning them into a work of digital art in seconds. 510 Total views 9 Total shares Own this piece of history Collect this article as an NFTBinance’s newly launched artificial intelligence-powered nonfungible token (NFT) generator has been churning out digital art at full capacity,…

The politician and business magnate has his eyes set on Binance CEO CZ taking the reins of the future crypto industry. During a panel at Collision 2023 in Toronto, Anthony Scaramucci, founder of Skybridge Capital and former White House communications director, stated that disgraced crypto executive Sam Bankman-Fried “really hurt the industry in the United States…

Matic to release a “Large Scale Developer Initiatives” program to strengthen mainnet adoption. 925 Total views 14 Total shares Blockchain scalability solution, Matic, released news of a “Large Scale Developer Initiatives” program on July 8. The program is meant to incentivize mainnet adoption, in partnership with Gitcoin.According to the announcement, the company aims to cater…

The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws.

DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide. The Singapore-based multinational banking entity DBS and Standard Chartered have completed the proof-of-oncept of their blockchain trade finance platform called the Trade Finance Registry.The two entities developed the PoC in collaboration with 12 other banks on top of the blockchain…

Gold's prospects seem to dim as Bitcoin's glitter 1229 Total views 7 Total shares According to multiple experts, one possible reason for Bitcoin’s remarkable recent price rise are massive investor outflows from another popular inflation hedge: gold. Spot gold swooned over the past week, falling 4.62% to $1,857. The asset previously had been surging in unison…