[PRESS RELEASE – Warsaw, Poland, November 20th, 2023] De.Fi, a SocialFi & Antivirus SuperApp, has reached a significant milestone with the launch of De.Fi 2.0. Currently in the spotlight is the ongoing $DEFI token public sale, opened to users who want to join 2.0 Ecosystem. The project has already raised an impressive $5 million. The De.Fi Super App as of now, has reached over 3 Million unique users, with big names like CoinGecko, Arbitrum, zkSync, and London and Montreal...
Read More »Binance Asked To Pay $4 Billion By DOJ To Settle Investigations: Report
The U.S. Department of Justice (DOJ) has requested that crypto exchange giant Binance pay $4 billion as a resolution to its lengthy investigation of the company. Such negotiations include the possibility that Binance CEO Changpeng Zhao (CZ) is charged with crimes possibly including money laundering, bank fraud, and sanctions violations. According to Bloomberg, an announcement on a settlement deal could arrive as early as the end of November. If accepted by Binance, it would...
Read More »Argentina’s Next President Is a Bitcoin Proponent
Javier Milei, a far-right libertarian, has emerged as the winner in Argentina’s presidential run-off election. Milei’s victory is crucial amidst Argentina’s ongoing inflation crisis. Notably, he is known for advocating the use of Bitcoin and has proposed replacing the Argentinian Peso with the U.S. dollar to respond to the current economic situation. Milei Wins Argentina Presidency Amid Inflation Crisis Javier Milei has emerged victorious in Argentina’s presidential run-off,...
Read More »Bitcoin Will Reach $150,000 By Mid-2025, Predicts Bernstein
Bitcoin (BTC)’s price will reach $150,000 by 2025 thanks to the upcoming “halving” and spot ETF approvals, wrote Bernstein in a Monday report. Analysts for the $691 billion asset manager’s crypto unit have modeled the asset’s future price based on its marginal production cost for miners, which they argue “acts as the price floor for every new cycle.” Defining Marginal Cost In its report, Bernstein subscribed to the Bitcoin 4-year cycle theory – the idea that Bitcoin’s price...
Read More »DOJ Investigation Leads Tether to Freeze $225M Associated with Human Trafficking Ring
Besides freezing assets, Tether follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. Tether, the USDT issuer, has announced the freezing of 225 million in USDT tokens. Globally, USDT has a market cap of $87.7 billion. It also offers dollar exposure to individuals who cannot access the dollar in their own market. According to Tether, it traced the frozen funds to an international human trafficking ring in Southeast Asia. This move followed a collaboration...
Read More »Dfinity Partners Blockchain Protocol SingularityNET to Launch Joint AI Initiative
Aside from the integration of ICP into the SingularityNET protocol, the two companies plan to synergize their grant programs by merging the Deep Funding and DFINITY Developer Grant Programs. The Dfinity Foundation, a not-for-profit research and development organization, has partnered with SingularityNET, an AI-focused blockchain firm, to propel decentralized artificial intelligence (DeAI) on the Internet Computer Blockchain (ICP). According to an official press release on November 20, the...
Read More »Worldcoin (WLD) Price Fluctuates Following Events in AI Industry Including Sam Altman Ousting
The price of Worldcoin has fallen over the last 24 hours as new of Sam Altman’s problems and ousting continue to spread. The price of Worldcoin (WLD) reacted to the news in the artificial intelligence (AI) industry, especially as it relates to OpenAI. WLD, the native token of the Worldcoin project, co-founded by Altman, climbed more than 9% over the last 24 hours, and traded at $2.55, according to data from CoinGecko. Data also showed that it rose more than 31% over the past week....
Read More »Bernstein Report: Bitcoin (BTC) Market Cap Could Surpass $3T by Mid-2025 Fueled by Geopolitical Instability
Bernstein analysts are convinced the flagship digital asset will continue on a bullish trajectory amid the incoming halving event that will reduce Bitcoin’s monthly selling pressure to less than $500 million. Bitcoin (BTC) opened the fourth week of November with a renewed bullish outlook fueled by the victory of Argentina’s pro-Bitcoin and anti-CBDC President Javier Milei. The stability and economic balance of the mother coins have undeniably impressed a lot of institutional investors...
Read More »Osaka Digital Exchange (ODX) to Start Trading of Digital Security Tokens in Japan
ODX said the token issuance will take place on Progmat, a robust software platform dedicated to the issuance and management of digital assets. Osaka Digital Exchange (ODX) is set to transform the Japanese financial landscape with the launch of the country’s first-ever securities trading platform. The announcement, made on November 20, revealed that the company will commence trading of security tokens on its proprietary platform, dubbed “START,” on December 25, Christmas day. Having...
Read More »READYgg Partners Aptos Labs to Onboard Web2 Gamers
The collaboration between READYgg and Aptos Labs fosters a sense of community and collaboration within the gaming ecosystem. The gaming industry is on the verge of a revolutionary transformation, thanks to the dynamic collaboration between READYgg with Aptos Labs to usher in millions of Web2 gamers into the realm of Web3 gaming. READYgg and Aptos Labs to Fuel Migration from Web2 to Web3 This collaboration leverages READYgg’s extensive network and Aptos, a blockchain platform renowned for...
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