Author: Ava Patel

Article written by Ava Patel

Coinbase and Stripe partner to integrate USDC on Base

17 hours ago 1 min read

Coinbase and Stripe have formed a partnership to incorporate USD Coin (USDC) on the Base blockchain, hence improving Stripe’s cryptocurrency services. The alliance seeks to enhance the efficiency and affordability of money transfers across more than 150 countries, while also offering a convenient method for converting traditional currency to crypto. Stripe plans to incorporate USDC on Base into its crypto payout system, enhancing the speed and cost-effectiveness of international transfers.

Bitget lists TeleportDAO (TST) on Poolx for users to stake BGB and mine TST

June 27, 2024 1 min read

Bitget cryptocurrency exchange announced today the listing of TeleportDAO’s TST token on its innovative staking platform, PoolX. This listing allows users to reap the benefits of stake-to-mine rewards with the TST token. Deposits for TST are now open, and trading for the TST/USDT pair will commence on June 27, 2024, at 08:00 UTC. Users participating in PoolX for TeleportDAO can stake BGB tokens to mine TST. The mining period will

This wealth distribution firm launches free-for-life AI tokens

June 25, 2024 1 min read

BioMatrix.ai, a wealth distribution firm, has introduced Proof of You (PoY) AI Tokens, which are the first-ever AI tokens that are free for life. The program seeks to equalize access to digital assets and actualize Universal Basic Income (UBI) for all individuals, irrespective of their economic standing. The objective of BioMatrix.ai is to remove obstacles for individuals to participate in the digital asset industry by providing PoY AI Tokens at

Fantom (FTM) price surges 9%, outperforming major cryptos

June 22, 2024 1 min read

There has been a substantial rise in the price of Fantom (FTM) over the course of the last twenty-four hours, with the cryptocurrency reaching a high of $0.5868 and a low of $0.5390. This increase can be attributed, in large part, to the announcement of a partnership between the Fantom Foundation and Sonic Labs to develop the Sonic Labs Innovator Fund. The purpose of this fund is to hasten the

Aptos Labs partners with NBCU to transform fan experiences with Web3 and Blockchain

June 21, 2024 1 min read

Aptos Labs has announced a multi-year strategic development agreement with NBCUniversal, aiming to revolutionize fan experiences, loyalty, and gaming through blockchain technology and Web3. The agreement will explore integrating accessible blockchain technology and Web3 with NBCUniversal’s properties, connecting fandoms to the content they love. Mo Shaikh, co-founder and CEO of Aptos Labs, aims to deliver world-class, internet-grade blockchain products and solutions to the market. Universal Pictures, Vice President of Technology

The SEC concludes its investigation into Ethereum 2.0 without enforcement action

June 19, 2024 1 min read

The US Securities and Exchange Commission (SEC) has completed its inquiry into Ethereum 2.0 and has chosen not to pursue legal action, which is a notable triumph for Ethereum. This decision might establish a standard for how digital assets are regulated under US securities law. The SEC’s move to reassess its 2018 stance on Ethereum, categorizing it as not a security, prompted a lawsuit from Consensys. The case aimed to

Tucker Carlson partners with Swan Bitcoin for a national tour

June 11, 2024 1 min read

Tucker Carlson has selected Swan Bitcoin as the primary sponsor for his nationwide tour, combining political discussions with Bitcoin education to effectively reach a wide audience. Swan Bitcoin views this sponsorship as a strategic maneuver to further its educational initiatives, with a specific focus on Bitcoin. The company has declared its intention to include hundreds of thousands of individuals in more than 15 places and millions online, referring to it

VanEck predicts Ethereum will hit $22,000 by 2030

June 7, 2024 1 min read

VanEck, an asset management company, has forecasted that the price of Ethereum (ETH) would surge to $22,000 per token by the year 2030. This significant increase is anticipated to be fueled by the anticipated authorization of spot Ethereum exchange-traded funds (ETFs). This development underscores the increasing embrace of cryptocurrencies across conventional financial markets. VanEck’s updated financial model emphasizes Ethereum’s substantial value proposition, showcasing its benefits across several industries including finance,

Coinbase new smart wallet seeks to attract 1 billion users on-chain by solving user problems

June 6, 2024 1 min read

Coinbase crypto exchange has launched its intelligent wallet for users, with the goal of enhancing on-chain transactions by removing the need for recovery phrases and addressing other related problems. The primary objective of the smart wallet is to amass a user base of 1 billion individuals on the blockchain by resolving issues such as network costs and recovery phrases. It provides a decentralized on-chain experience without the need for gas

Kraken exchange sees record Bitcoin and Ethereum outflows since 2017

June 4, 2024 1 min read

Kraken, a leading cryptocurrency exchange, has recently seen its highest levels of Bitcoin and Ethereum outflows since 2017, as reported by Joao Wedson of Dominando Cripto. Kraken’s Bitcoin holdings have decreased to levels not seen since 2018, with withdrawals totaling over $3.33 billion. Similarly, the Ethereum reserves have fallen below one million units for the first time since 2016, with outflows amounting to nearly $2.15 billion. These changes in asset

Hong Kong police report a surge in counterfeit banknotes linked to crypto scams

June 3, 2024 1 min read

The Hong Kong police have seen a notable surge in forged banknotes, with many of them being associated with cryptocurrency scams. This presents a considerable obstacle for law enforcement agencies and regulatory bodies. From January to April of this year, law enforcement confiscated 3,396 counterfeit banknotes, which had a total nominal value of about HK$2.55 million ($326,130). A significant number of these forged banknotes were specifically created for the purpose

The biggest bank in Singapore has $647 million in Ethereum (ETH)

May 30, 2024 1 min read

DBS, the biggest bank in Singapore, has been revealed as a significant holder of Ether (ETH), with a value of about $647 million. The DBS blockchain address has a total of 173,753 ETH, which has an estimated worth of about $3,730 per Ether. According to Nansen’s research, the address has accumulated more than $200 million in profit from its ether holdings. Ether has seen significant growth in popularity in recent