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Circle Predicts the Rapid Evolution of Blockchain Technology in Near Future
Circle unveils the potential benefits of the blockchain technology in daily commerce.
Drawing parallels with the evolution of the internet, Circle foresees a rapid establishment of blockchain in the coming years.
While blockchain is viewed as the new internet of money, stablecoins are seen as the key to unlocking its future.
The global financial technology firm Circle recently released a…
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Bitcoin’s Weekly Inflow of $703M Constitutes 99% of All Inflows: Report
Coinshares releases a weekly report on the digital asset fund inflows, marking a total inflow of $708 million.
Bitcoin comprises 99% of all inflows this week, boasting $703 million.
iShares IBIT secures a leading position with an inflow of $883.5 million, surpassing Grayscale.
According to the weekly report of the cryptocurrency fund flows released by Coinshares, Bitcoin saw an astounding…
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What is Blockchain Technology? A Comprehensive Guide
In the fast-paced developing world, the blockchain technology holds a pivotal space. As blockchain technology evolves tremendously in diverse fields like finance, business, education, medicine, and much more, the industry is embracing advancements. While Layer 1 forms the foundation of blockchain technology, Layer 2 and Layer 3 are the enhanced phases of the technology. This article presents a…
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Bank of China Hong Kong Completes Its First Cross-Border Deal Worth 24 Million RMB
Bank of China Hong Kong (BOCHK) launched digital RMB or e-CNY for cross-border transactions.
The pilot was successful, as the first e-CNY cross-boundary transaction worth 24 million yuan (HK$26.16 million) was completed.
In addition to personal cross-border transactions, digital RMB has the potential to be used in corporate cross-border payment transactions.
The Bank of China Hong Kong has…
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From Bull Run to Present: Tracking the Journey of Major Crypto
XRP and Stellar experienced notable price drops, with XRP at $0.610679 and Stellar at $0.120483, indicating shifts in market dynamics.
Ethereum and Binance Coin demonstrate resilience amid market volatility, with ETH priced at $2,195.05 and BNB at $229.11.
Litecoin displays mixed signals in the market, trading at $71.63 with a slight decline yet showing growth over the past week.
The…
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Terra Classic (LUNC) Surges 61% in Epic Rally as Eyes Set on $0.0003 Milestone
Terra Classic (LUNC) witnessed a remarkable 61% surge to $0.0002614, fueled by strategic burns and confidence.
Binance’s recent 3,903,522,969.89 LUNC token burn intensifies scarcity, triggering a significant buying spree.
LUNC’s bullish momentum, driven by Bitcoin’s peak and altcoin season, may lead to a $0.0003 breach.
Terra Classic (LUNC) stunned the Crypto Market with a 61% price surge to…
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A Breakdown Of Ethereum ETFs: To Open The World Of Crypto For Traditional Investors
Ethereum is a decentralized blockchain platform that can be used to create decentralized applications and smart contracts. It is designed in a way that makes transactions secure, programmable, scalable, and decentralized. It is best known for its native cryptocurrency called Ether (ETH). Ethereum is one of the most widely used blockchain platforms, and in terms of market capitalization and…
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Prosecutors To Seek a Minimum 8-Year Prison Term for Ex-Bithumb Chairman
South Korean prosecutors seek a minimum 8-year jail term for the ex-Bithumb Chairman, Lee Jung-hoon.
Lee Jung-hoon is accused of frauding BK Group Chairman Kim Byeong-gun worth 110 billion won.
The fraud centers around the agreement for joint management of Bithumb and the listing of BXA.
Under the charge of Judge Seo Seung-ryeol, Seoul High Court’s 5th Criminal Division went through an appeal…
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NexTech Week TOKYO 2023 Concludes with Outstanding Innovation Showcase
NexTech Week Tokyo Autumn 2023, Japan’s premier gathering of cutting-edge technologies, recently concluded at Makuhari Messe, from October 25 to 27, as the event showcased the latest innovations across four distinct shows: AI Expo Tokyo, Blockchain Expo Tokyo, Quantum Computing Expo Tokyo, and DX Human Resource Development Expo Tokyo.
With a strong turnout of 305 exhibitors and 29,593 visitors,…
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Paxos Gains In-Principle Approval to Issue USD-Backed Stablecoin in Singapore
The Monetary Authority of Singapore (MAS) has provided in-principle approval for Paxos to issue a new USD-backed stablecoin in the country.
Paxos Digital Singapore Pte. Ltd. is a new entity created by Paxos to issue the stablecoin in Singapore.
The USD-backed stablecoin issued by Paxos will comply with Singapore’s upcoming stablecoin rules and regulations.
Paxos, a tokenization infrastructure…
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Get Ready! TEAMZ WEB3 / AI SUMMIT 2024 in Japan is on the Horizon!
The TEAMZ WEB3 / AI SUMMIT represents an evolution from the TEAMZ WEB3 SUMMIT 2023, previously recognized as one the most significant and influential events in Japan’s Web3 landscape. For 2024, we’re expanding our focus to encompass both the burgeoning realms of Web3 and AI, two domains that have seen explosive growth recently.
With our rallying cry, “WEB3 / AI: The Future”, we aim to…
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India’s Supreme Court Rejects a Petition, Emphasizing Its Legislative Nature
India’s Supreme Court rejected a petition that sought to direct the government to frame legislation for cryptocurrency.
As per the Article 32 of the Indian Constitution, the Supreme Court has no right to interfere in any legislature.
Though the court said the main reason for the petition was to seek bail, it still allowed the petitioner to approach other authorities for the same.
India’s…
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Cryptocurrency Market Cap Shrinks to $1.53 Trillion; Bitcoin Remains Resilient
Bitcoin’s dominance grows slightly to 47.11% despite market dip, showing enduring investor interest in the leading cryptocurrency.
Cardano, Dogecoin, and BNB experience downturns after recent gains, highlighting the volatility and rapid changes in crypto markets.
Crypto market cap contracts to $1.53T, yet Fear & Greed Index at 72 suggests investors remain optimistic amid fluctuating values.
In…
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GBTC Premium Recovery Signals Shifting Sentiment in Crypto Market
Institutional interest in Bitcoin surges with a 12,000 BTC increase, hinting at growing demand from influential players.
The recovery of GBTC premiums signals shifting sentiment among investors, highlighting the importance of this indicator.
Caution is essential due to the cryptocurrency market’s inherent volatility, as conditions can change rapidly.
In a recent turn of events, the…
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Blockchain Expo Global 2023: Connecting the worlds leading innovators in London.
Blockchain Expo Global is set to take place on November 30th – December 1st, 2023, at The Olympia, London. This event will bring together industry leaders, innovators, and enthusiasts from around the globe to explore the latest trends in the Blockchain ecosystem.
The event includes industry-leading technology companies, giving attendees the opportunity to discover the newest applications for…
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World Blockchain Summit: Common Wealth's Mission Attracts Key Investments
In a major development at the 2nd day of the 26th global edition of the World Blockchain Summit at Dubai, Cypher Capital and Master Ventures announced their strategic investments in Common Wealth during the summit, marking a vital step in the evolution of the blockchain landscape.
The World Blockchain Summit, held on 1st and 2nd November 2023 at the Address Dubai Marina, saw top innovators,…
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Hon’ble MoS Rajeev Chandrasekhar Joins India’s Most Impactful Tech Event – DATE (Digital Acceleration and Transformation Expo)
8th November 2023, New Delhi: There has been growing anticipation surrounding Trescon’s Digital Acceleration & Transformation Expo (DATE) as Shri Rajeev Chandrashekhar, Hon’ble Minister of State for Electronics and Information Technology, has confirmed his participation at the event. Set against the backdrop of India’s thriving tech revolution, the event will take place on 23-24 November 2023 at…
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