In a significant move that signifies the evolution of customer loyalty programs, Circle, a notable stablecoin issuer, has entered into a Memorandum of Understanding (MOU) with HKT, a prominent player in the technology, media, and telecommunications sector. This collaboration aims to harness the power of blockchain technology to enhance the loyalty solutions existing within Hong
Crypto
On October 29, Visa announced a significant partnership with Coinbase, marking a pivotal moment in the convergence of traditional finance and cryptocurrency. This collaboration aims to facilitate real-time transactions between standard banking practices and crypto services through the Visa Direct network. This initiative is not merely a financial upgrade; it represents a broader recognition of
Ripple (XRP) is currently experiencing a period of volatility that mirrors the cautious sentiment permeating the cryptocurrency market. The asset has recently attempted to recover from a critical support level around $0.5, demonstrating some resilience. However, this hasn’t been enough to shift the overall trend, as XRP faced significant hurdles near the 200-day moving average,
In a recent turn of events that has sent shockwaves through the cryptocurrency and venture capital community, DWF Labs, a notable player in the crypto-focused investment landscape, has publicly disassociated itself from a partner implicated in inappropriate conduct during an event in Hong Kong. The incident in question revolves around an allegation made by a
Recent data from Farside has revealed a remarkable resurgence in interest towards Bitcoin-exposed exchange-traded funds (ETFs), as the BlackRock iShares Bitcoin Trust (IBIT) experienced inflows totaling an astounding $642.9 million on October 29. This significant influx marks the largest seen since March 12, underscoring a revival in market enthusiasm. Consequently, the total net inflow across
The cryptocurrency landscape has recently been electrified by a notable advance in the performance of Shiba Inu (SHIB), the second-largest meme coin by market capitalization. Demonstrating resilience and ambition, Shiba Inu’s price soared to a remarkable one-month high of $0.00001957 within a mere 24-hour period. As is often the case in the volatile world of
The tumultuous journey of FTX, a crypto exchange that dramatically filed for bankruptcy in late 2022, has been punctuated by a series of litigation efforts aimed at asset recovery. Among these was a significant lawsuit targeting Bybit, its executives, and the investment arm Mirana. This legal action emerged from allegations that Bybit exploited its privileged
Bitcoin has been the center of attention in the cryptocurrency market, with analysts increasingly optimistic about its potential for growth. After a relatively stagnant weekend, where Bitcoin fluctuated between $66,500 and $67,500, a sudden price surge allowed it to breach the significant $68,500 threshold. This movement reflects a broader sentiment that a strong rally may
Tether, a leading player in the stablecoin market, has recently come under the microscope as its CEO, Paolo Ardoino, detailed the company’s hefty reserves. The stablecoin issuer reportedly holds a staggering $5.58 billion in Bitcoin, valued at current market prices, alongside $3.87 billion worth of gold and approximately $100 billion in U.S. Treasury bonds. This
In the kaleidoscopic realm of cryptocurrency, where fortunes can be made or lost overnight, the emergence of charismatic influencers is commonplace. One such figure is Valeria Fedyakina, dubbed the “Queen of Crypto” or “Bitmama.” This 24-year-old influencer has recently found herself embroiled in serious legal troubles, as she is accused of defrauding investors out of