Tag Archives: News

Kraken neither confirmed nor dispelled the rumor. Reports suggesting that US-based crypto exchange Kraken is seeking partnerships to enable it to develop its own Layer 2 network solution have emerged. Per the report, the exchange is considering a partnership with Polygon, which is noted for its Ethereum scaling solutions, to build its Layer 2 network. Matter Labs and Nil Foundation are also being appraised for the role. According to unnamed sources. Kraken will partner with one of the...

Users can access the information stored in the NFC chip by scanning it with the free Arteïa Authentication application, which grants partners access to a private VIP Room webpage. Millon, a prominent French auction house, is set to leverage Tezos blockchain-based digital traceability technology developed by Arteïa to ensure the authenticity of artworks. This innovative solution, known as Arteïa Connect, will make its debut at the Masters Decorative Arts of the 20th Century event scheduled...

Floki’s team of developers have their eyes set on capturing a significant percentage of the global asset tokenization market. Popular meme coin FLOKI was first introduced in 2021 after being originally inspired by Elon Musk’s pet Shiba Inu. Since then, it has gone on to establish itself as a major decentralized finance (DeFi) project. For context, the coin is currently seeing tremendous activity with over $55 million worth of FLOKI held up on the blockchain’s staking platform within a week...

It is worth mentioning that this is not the first time the SEC and Chair Gensler have faced scrutiny from US politicians. In a surprising turn of events, United States Representative Tim Burchett has proposed an amendment that seeks to drastically reduce the salary of the Securities and Exchange Commission (SEC) Chair, Gary Gensler, to a mere $1 per year. This bold move is part of a broader effort to defund the SEC, as outlined in the Financial Services and General Government (FSGG) bill....

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...

WeWork has filed to begin bankruptcy proceedings to protect itself as it reorganizes debt in US and Canada only. Co-working space provider WeWork Inc (NYSE: WE) has filed for Chapter 11 bankruptcy in New Jersey federal court. The bankruptcy filing is expected to protect the company from action against landlords and creditors as the company tries to manage its heavy debt. WeWork is now worth less than $50 million, from a $47 billion valuation back in 2019. WeWork Bankruptcy In a...

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...

ADA price is gaining pace above the $0.320 zone against the US Dollar. The price is now trading above $0.340 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.3540 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.375 and $0.380 resistance levels. Cardano price is rising above $0.350 against the US Dollar, like Bitcoin. ADA price could rally further if there...

Ethereum price is moving higher above the $1,850 resistance against the US Dollar. ETH price is now trading above $1,820 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $1,840 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,840 support zone. Ethereum price is rising above the $1,850 level against the US Dollar. ETH/USD could rise further if it clears the $1,920...

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...