Crypto news

INTERNET CITY, DUBAI, Sep. 8, 2022 – LBank Exchange, a global digital asset trading platform, has listed eCeltron (ECTR) on September 8, 2022. For all users of LBank Exchange, the ECTR/USDT trading pair is now officially available for trading. Utilizing the blockchain technology, eCeltron (ECTR) revolutionizes the electric vehicle battery industry by applying the efficiency and transparency of blockchain to the electric vehicle battery industry, to achieve unprecedented...

Bitcoin doubled down on its recent gains by surging to a new two-week high above $21,500. Most altcoins are also in the green once again, with ATOM, XLM, and ICP standing out as the best performers. Bitcoin Saw New Weekly High The start of the month brought a lot of pain to the bulls as bitcoin fell below the coveted $20,000 and was unable to reclaim it. The situation worsened a few days ago when the cryptocurrency suddenly dumped to a six-week low of $18,500. However, it...

India’s government has not completely embraced cryptocurrencies, and the Governor of the Central Bank of India, Shaktikanta Das has warned Indians about cryptocurrencies. There have been different reactions from different nations to cryptocurrencies, ranging from rejection to acceptance and regulation. The cryptocurrency market has been on a bearish cycle, the bulls on numerous occasions tried to take over the market, but all to no avail. Different government agencies...

Abu Dhabi, UAE – After the first successful event in Lagos, Nigeria, the Web3 Delight is moving to the thriving capital of UAE. Abu Dhabi Web3 Delight is a unique next-generation event dedicated to developing and adopting blockchain in the growth markets. It’s the second in the series of Web3 conferences organized in emerging markets by SwiftMotion Media, a fully capitalized micro-VC, an investment arm of the management consultancy Agile Dynamics. This in-person and...

The largest corporate bitcoin holder has filed a new filing with the US Securities and Exchange Commission that will essentially allow it to purchase more BTC for up to $500 million. The news comes as the cryptocurrency surged past the $20,000 level and jumped to a new two-week high. The filing with the securities regulator shows that MicroStrategy plans to sell up to $500 million worth of its stock for “general corporate purposes, including the acquisition of bitcoin.”...

The Japanese government is handing out non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in utilizing digital technology to solve local issues as well as fostering the digital economy. A total of seven mayors received NFT awards for various initiatives. As per the report from CoinPost, the tokens, which were distributed at the “Summer Digi Denkoshien 2022” ceremony, essentially represent “digital certificates” of achievement. The award...

Singapore’s asset manager Whampoa Group plans to set up a venture capital fund and a crypto hedge fund for investments in digital assets.  Upon early estimations, the company intends to allocate $100 million. $100 Million Venture Capital Fund The group has earmarked $100 million for the venture fund while it plans to raise $50 million for the crypto hedge fund. It has set up a new entity called Whampoa Digital, which aims to attract third-party capital to invest in the...

Queen Elizabeth II passed away yesterday (September 8) at the age of 96, after wearing the British crown for 70 years and 214 days. The death of the longest reigning monarch in the UK’s history was met with sorrow all over the globe, but it also attracted the crypto community. Hours after the news, memecoins like “Queen Elizabeth Inu,” “Queen Doge,” “God Save The Queen,” “London Bridge Is Down,” “Queen Grow,” “Rip Queen Elizabeth,” “Elizabeth II,” and “Queen Inu II” appeared...

Singapore’s largest bank DBS announced a partnership with Ethereum-based gaming platform The Sandbox to design an interactive metaverse experience  – DBS BetterWorld – as part of its broader roadmap to explore Web 3 opportunities for its customers. The latest deal marks the foray of the first Singaporean entity to collaborate with the Animoca Brands’ subsidiary as it joins DBS’ ambitious “SingaporeVerse,” a neighborhood on its virtual map that seeks to bring the culture of...

Dogecoin co-creator Jackson Palmer is back with more harsh words for the crypto industry, community, and its influencers. This time, he’s after Mark Cuban. The Adobe engineer accused the investor of running a “grift” by trying to claim a stake in the “extractive, grifty system of cryptocurrency.” Drinking the Crypto Kool-Aid In an interview with Business Insider, Palmer said that he thinks Cuban has “drunk the Kool-Aid” surrounding crypto and NFTs.  “Mark Cuban isn’t getting...