Cryptocurrency Analysis and News Portal
The stablecoins market is expected to significantly grow amid the mainstream adoption of Bitcoin and other digital assets globally. The rise of the Tether (USDT) stablecoin has been undisputed for several years. The Tether (USDT) stablecoin runs on more than 10 blockchains including Ethereum, Binance Smart Chain, Polygon, and Tron, among
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Earlier this year, Korean media reported that lawmakers were working on the Digital Asset Basic Act (DABA), which collectively refers to 17 draft bills that largely focus on investor protection. As of now, none of these bills has passed. “We were on the way to make some new crypto legislation,
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The seed round was led by Pantera Capital, with participation from Road Capital, AirTree, Standard Crypto, The SALT Fund (part of the Skybridge/Scaramucci family), ParaFi Capital, Distributed Capital, Kraynos Capital, Earlybird, and Mouro Capital (the venture capital arm connected to the Santander Group). Source
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BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the
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DWF Labs has offices in Singapore, Switzerland, the British Virgin Islands, the United ARab Emirates, South Korea and Hong Kong. The firm is an affiliate of Digital Wave Finance (DWF), a global crypto trading player that trades in spot and derivatives markets on over 40 top exchanges. Source
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Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat. Source
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“We see the current growth of internet-native organizations as the next step in the evolution of human coordination. We are excited to support the founders who are building the tooling that will serve as the foundation for these types of organizations,” wrote the Seed Club Ventures team in the announcement
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Silicon Valley Bank (SVB), representing the United States information technology hub, Silicon Valley, went bankrupt due to a bank run, massive deposit withdrawals, in under 14 hours. SVB’s bankruptcy is the second-largest in history after Washington Mutual went under during the Global Financial Crisis (GFC) in 2008. Silvergate Capital, one of the
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Web3 live-streaming platform Shiller will be powered by Web3 featuring blockchain heavily on the platform. Snoop Dogg is the co-founder of the app along with technology entrepreneur Sam Jones. Snoop Dogg, the popular American rapper and actor has revealed himself as one of the co-founders of a popular Web3-based live-streaming app
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Along with pro-crypto regulations, mainstream adoption of cryptocurrencies requires a supporting infrastructure that can allow the general public access and exposure to the ecosystem. When considering eight key indicators around taxes, ATMs, jobs and events in crypto, London stands at the top as the most crypto-ready city in the world
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