Crypto news

The Seychelles-registered cryptocurrency exchange OKX released its 11th consecutive monthly Proof of Reserves (PoR) report which encompasses 22 commonly used digital assets and shows balances of $11.2 billion in primary assets. OKX is the only crypto exchange that has made it a ritual to publish PoRs for almost a year with which the platform revealed witnessed the engagement of hundreds of thousands of users. OKX’s 11th Proof of Reserves report As per the recently released...

The new MoneyGram non-custodial wallet will provide a more flexible way for users to handle funds and make transactions cheaper. International peer-to-peer payments and money transfer giant MoneyGram International has announced its intention to launch a non-custodial wallet to bridge crypto and fiat. According to MoneyGram, users will be able to exchange funds between fiat currency and the USDC stablecoin. The MoneyGram wallet confirms the payment company’s interest in crypto. According to...

[PRESS RELEASE – Please Read Disclaimer] 1xBit has always made giant strides towards staying ahead of the game, and its new addition of two payment methods – Arbritrum and Algorand – is enough proof of that fact. Let’s have a deeper look into the advantages of each of the payment methods to lend credence to the importance of adding them to the fleet of available payment methods on 1xBit. Benefits of Arbitrium Here are a few pros of Arbitrum that should make you consider using...

Bit Deer Technologies Group is opening a new crypto mining facility in the Asian country of Bhutan. Bit Deer Sets Its Sights on Asia Bit Deer is a crypto mining firm based in Singapore. Founded by Chinese billionaire Jihan Wu, the company stated that it has recently finished power testing the facility and it will open its doors for BTC extraction purposes. Linghui Kong – the CEO of Bit Deer – said in a recent statement: Our Gedu data center, nestled in the serene...

The success highlighted by the feat reinforces the popularity of WaaS. Web3 infrastructure provider Particle Network has said that its rollout of Wallet-as-a-Service (WaaS) V2 is proving to be a huge success. According to a recent press release, the company saw more than 15 million wallet activations in under a year since it launched the service. The success highlighted by the feat reinforces the popularity of WaaS, but more importantly, it is also a testament to the ever-growing demand...

The significance of this IPO is further highlighted when considering the expected global ranking of this offering. Cainiao Smart Logistics Network Ltd, the logistics unit of Alibaba Group Holding Ltd (HKG: 9988) has taken a significant step by submitting its A1 filing to the Hong Kong Stock Exchange, aiming to raise at least $1 billion in its Initial Public Offering (IPO). Alibaba to Hold Huge Stake in Cainiao Despite listing Cainiao on the Hong Kong Stock Exchange, Alibaba is set to...

Each pack contains a narrative-driven, playable character for WAGMI Defense, the inaugural mobile game from WAGMI Games. The community-driven Web3 entertainment franchise WAGMI Games has revealed that its upcoming Founder’s Packs will be launched exclusively on the NFT marketplace OpenSea on September 27th. These Founder’s Packs, comprise 10,000 unopened card packs. It’s developed in collaboration with Gadget-Bot, the renowned art studio behind designs in popular franchises like...

Threads has lost nearly all of its initial momentum as the app is now struggling to attract new users and keep existing ones on the platform. Threads, the Twitter rival launched by Meta Platforms Inc, is going through its fair share of struggles as new users are no longer joining the platform. According to a Tuesday publication from Insider Intelligence, Threads is the only app above Tumblr on a ranking of the most popular social media services according to the number of users in the US....

Crypto integration into Xbox also has the potential to onboard millions to crypto, further propelling adoption. Recently leaked internal documents suggest that Microsoft plans to integrate crypto wallets into its Xbox gaming console. The documents were posted on the gaming forum ResetEra and reveal that an Xbox roadmap from May 2022 featured plans to add support for crypto wallets to the next version of Microsoft’s flagship gaming console. The documents were leaked in connection to a...

The topic of bitcoin ETFs is getting a lot stronger now that companies like BlackRock have submitted applications. Not long ago, Rob Nelson – the anchor of Roundtable – and Jordan Fried, the CEO of Immutable Holdings, held a discussion regarding how strong bitcoin ETFs will be in the coming future and what traders and investors can potentially look forward to. Rob Nelson on Bitcoin ETFs Nelson opened the conversation up by stating: Everybody knows that the bitcoin...