Several prominent financial institutions have filed for a spot Bitcoin product in recent months. Asset manager Franklin Templeton applied to the United States Securities and Exchange Commission (SEC) on Sept. 12 to launch a Bitcoin (BTC) spot exchange traded fund (ETF). The application comes after the SEC delayed decisions on applications from WisdomTree, Valkyrie, Fidelity,...Continue Reading
Chainalysis’ upcoming Global Crypto Adoption Index indicates that the wider Asia region is driving grassroots adoption of cryptocurrencies. India, Nigeria and Thailand are ranked as the three top countries in Chainalysis’ 2023 Global Crypto Adoption Index, with lower middle income nations leading the way in grassroots adoption of cryptocurrencies. The blockchain analytics firm released an...Continue Reading
Binance said it will issue a series of airdrops worth up to $100 in BNB to users located in Morocco’s highly impacted Marrakech region. Cryptocurrency exchange Binance has pledged millions of dollars in BNB (BNB) as aid relief for those affected by the large earthquake that struck Morocco on Sept. 8, causing at least 2,000...Continue Reading
Gracy Chen is managing director of crypto exchange Bitget and judge of Web3 reality show Killer Whales. Gracy Chen, managing director of global cryptocurrency exchange Bitget, advised her followers and friends not to scan their eyeballs in exchange for a few Worldcoin tokens.Theres a huge privacy concern, she tells Magazine, adding that she isnt optimistic...Continue Reading
BTC price strength improves after a trip to three-month lows, but Bitcoin bulls have multiple hurdles to clear. Bitcoin (BTC) attempted to flip and hold $26,000 at the Sep. 12 Wall Street open as a swift BTC price rebound excited traders. BTC/USD 1-hour chart. Source: TradingView BTC price adds 5.5% in 24 hours Data from...Continue Reading
PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin. Global payment giant PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin (BTC). PayPal on Sept. 11 officially introduced new on and off ramps for Web3 payments, allowing users in the United States to...Continue Reading
Foresight Ventures partner Tony Cheng said that most of the narratives like layer-2 solutions, zero-knowledge tech and nonfungible tokens have already “played out.” Compared to 2022, where the first and second quarters of the year saw a combined $20.3 billion flow into the space through venture capital funding, 2023 has been significantly lacking. Venture capital...Continue Reading
Manta Network has launched its zero-knowledge proof layer 2 scaling network which promises lower fees and higher throughput for developers looking to deploy decentralized applications. The ecosystem of layer 2 blockchain solutions powered by zero-knowledge proofs welcomes a new player as Manta Network takes its ZK-as-a-service platform live. Manta Pacific is a modular L2 aimed...Continue Reading
Milady NFT creator Charlotte Fang said that Remilia “easily identified” the individuals involved in the exploit and will start legal action. Milady Maker, a nonfungible token (NFT) project on the Ethereum blockchain, has fallen victim to a major exploit involving the platform’s fees and social media accounts. Charlotte Fang, co-founder of the Milady Maker NFT...Continue Reading
NFTs have taken a massive hit since the 2021 bull market, but some experts say they could make a comeback. Nonfungible tokens (NFTs) saw a massive surge in popularity in 2021, accompanied by sky-high prices, but the market has since come crashing back to earth, and it’s unclear whether there will be a resurgence. NFTs...Continue Reading
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