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Tag Archives: Cryptocurrency News

SK Telecom to Introduce New Web3 Wallet in Collaboration with Aptos and Atomrigs Lab

With the number of people involved in crypto in South Korea, SK Telecom aims to expand the accessibility of its wallet to attract more users and improve adoption in the country.  SK Telecom, one of South Korea’s leading telecommunications giants, has announced its partnership with Aptos Network, a layer 1 blockchain protocol, and Atomrigs Lab to launch its crypto wallet dubbed T Wallet. On November 7, the company revealed on LinkedIn that it aims to broaden its “affiliations with...

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Binance to List ORDI Ordinals with Application of Seed Tags

The listing of ORDI token on Binance comes with a Seed Tag hinting at elevated levels of risk and volatility compared to other listed tokens. In the latest announcement on Tuesday, November 7, Binance will list Ordinals (ORDI) on the platform while introducing spot trading pairs such as ORDI/BTC, ORDI/USDT, ORDI/TRY. Furthermore, Binance also announced that they would be applying a Seed Tag to ORDI. Ordinals is a new inscription protocol on the Bitcoin network. The total supply of Bitcoins...

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Binance CEO Teases Major Announcement amid Crypto Market Turbulence

This impending Binance announcement arrives just days after a substantial transfer of 10,000 BTC, valued at over $345 million, to the exchange from an anonymous wallet. In a cryptic post on X, Changpeng ‘CZ’ Zhao, the CEO of Binance, recently sparked the curiosity of the crypto community by simply posting the number “3” and an announcement with a video captioned “COMING SOON”. 3 👀 pic.twitter.com/mp4SOcBbXY — CZ 🔶 Binance (@cz_binance) November 6, 2023 Binance Announcement amid...

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UK Government Publishes Regulatory Framework for Crypto Assets and Stablecoins to Prevent FTX 2.0

Following the collapse of Terra Luna and FTX last year, the UK policymakers have committed to introducing a new regulatory regime for crypto assets and stablecoins to ensure sustainable and secure mainstream adoption. The United Kingdom policymakers have in the past year worked closely with different financial institutions and other stakeholders in formulating detailed regulatory frameworks for cryptoassets and stablecoins. According to CryptoUK, the trade body formed to represent the...

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XRP Price Jumps Over 10% as Ripple Facilitates Financial Services for Multiple Institutions

The price of XRP is responding positively to Ripple sealing agreements to several institutions who need varying services from the firm. The price of XRP has jumped considerably in the last 24 hours. XRP climbed 11% earlier on Monday, before falling to the current 10.13%, according to data from CoinMarketCap. XRP is now the fourth-largest cryptocurrency by market capitalization after replacing the BNB token. CoinGecko data also shows that XRP’s trading volume jumped from $1 billion on...

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Bitcoin Addresses Holding Minimum of $1,000 in BTC Shoot Above 8 Million

Analysts explain why Bitcoin price can continue to rally with the next immediate target in sight being $40,000. The number of blockchain addresses holding at least $1,000 worth of Bitcoin (BTC), equivalent to 0.028 BTC at the current price of $35,115, has reached an all-time high of 8 million, as reported by data from Blockware Solutions and Glassnode. According to Blockware, this figure could continue to surge as Bitcoin advances in monetization, a favorable long-term trend for the...

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Matrixport Sued by Roger Ver over $8M in Frozen Crypto

Roger Ver took legal action after the company’s derivatives-based arm, bit.com failed to release his $8 million withdrawal request to him in June 2022. Popular crypto businessman Roger Ver has sued Smart Vega Holding Limited, a subsidiary of Matrixport. Although the case has been on since 2022, the report just came to light after Ver recently spoke about what transpired. Roger Ver Believes Wu Has Personal Vendetta against Him According to Ver, he took legal action against Matrixport in...

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Cardano (ADA) Price Hits 4-Month High as Network TVL Spikes Nearly 40%

Cardano is recording increased price and network activity and has sparked bullish predictions about the coin’s future. The price of Cardano (ADA) hit a new four-month high on Sunday, climbing to $0.348808. The surge is reportedly due to heavy activity from whale investors and decentralized finance (DeFi) in general. According to CoinMarketCap data, Cardano is now trading higher at $0.353 after rising more than 4% in the last 24 hours and nearly 18% over 7 days. The network is seeing a...

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Vanguard CEO Rules Out Bitcoin ETF, Stresses Long-Term Investment

With the US SEC edging closer to potentially approving a Bitcoin ETF, experts and industry leaders are offering their predictions on the potential impact of this milestone on the crypto market. In a recent interview on CNBC’s ‘The Exchange’, Tim Buckley, Chairman and CEO at Vanguard Group, the world’s second-largest asset manager, stated that the company has no plans to pursue a Bitcoin (BTC) spot Exchange Traded Fund (ETF). Vanguard to Focus on Core Values Buckley’s firm stance on this...

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The Simpsons Delve into NFTs in Latest Halloween Special Episode

Non-fungible tokens and blockchain appeared on The Simpsons. During the recent  Halloween special episode of The Simpsons, one of the longest-running TV series in the United States, the beloved animated family, took a playful swing at the world of non-fungible tokens (NFTs) and the crypto industry, making viewers chuckle and sparking conversations about the show’s modern relevance. The new episode titled “‘Wild Barts Can’t Be Token”, aired on Sunday night, tickling audiences with its...

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