CoinspeakerStripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report Adyen published its slowest growth for a half-year since 2018 and lost $20 billion of its market valuation as shares also fell 39%. Stripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report
Read More »Crypto Exchange FTX Adapts New Settlement Approach after Objections from US Trustees
CoinspeakerCrypto Exchange FTX Adapts New Settlement Approach after Objections from US Trustees The US Trustee had initially flagged concerns about disparities within the previous motion. Crypto Exchange FTX Adapts New Settlement Approach after Objections from US Trustees
Read More »China Proposes Its Social Credit System to Regulate the Metaverse
CoinspeakerChina Proposes Its Social Credit System to Regulate the Metaverse According to some experts, the idea of providing each person with a digital ID that also contains their social traits and other personal information is more akin to the Chinese social credit system. China Proposes Its Social Credit System to Regulate the Metaverse
Read More »Bitcoin Mining in Lebanon Turns Ultra Cheaper in Comparison to Italy
CoinspeakerBitcoin Mining in Lebanon Turns Ultra Cheaper in Comparison to Italy Recent survey shows that Italy is the most expensive country for mining Bitcoin at $208,560 for each BTC produced. Bitcoin Mining in Lebanon Turns Ultra Cheaper in Comparison to Italy
Read More »Bitcoin Price Is Hovering Above $26K amid Broad-based Selloff
CoinspeakerBitcoin Price Is Hovering Above $26K amid Broad-based Selloff The latest data from CoinMarketCap has indicated an unsettling calm in BTC/USD trading over the weekend, with the market experiencing an 11% decline in a span of just seven days. Bitcoin Price Is Hovering Above $26K amid Broad-based Selloff
Read More »Stellar Lumen (XLM) Price Could Fail To Recover Above $0.135
Stellar lumen price is struggling below the $0.135 resistance zone against the US Dollar. XLM price is now trading below $0.130 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.131 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.135 resistance. Stellar lumen price is trading below $0.135 against the US Dollar, similar to Bitcoin. XLM price could...
Read More »Ripple Price Analysis: Upsides Could Be Limited Above $0.58
Ripple price is facing resistance near the $0.580 level against the US dollar. The price is now trading below $0.565 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.580 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.565 and $0.580. Ripple price is struggling below $0.580 against the US Dollar, unlike Bitcoin. XRP price must...
Read More »Bitstamp is Paving the Way for Crypto Payments
Crypto exchange Bitstamp has formed a new partnership with Qi Digital to ensure that all companies, banks, and payment providers that work with it can accept crypto as a method of payment. Bitstamp is Making It Easy to Pay with Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like...
Read More »Shoe Company Community Made Will Use Blockchain to Guarantee Transparency
Community Made is a Los Angeles footwear company. The firm wants to use blockchain to build out its supply chain and ensure the transparency of all its products and transactions. Community Made is Intrigued by Blockchain The company is now joining hands with Chroma Way in Stockholm, Sweden. Chroma Way is a blockchain firm that will develop the blockchain technology Community Made needs to make its products as viable and as trustworthy as possible. Community Made...
Read More »Mighty Bear Games and Treasure Bring New Game to Arbitrum Blockchain
Mighty Bear Games has joined hands with web3 game developer Treasure to move its “Mighty Action Heroes” series to the Arbitrum blockchain. Mighty Bear Games and Treasure… A Perfect Match? CEO of Mighty Bear Simon Davis explained in an interview: The Treasure ecosystem is built on Arbitrum, and this creates a positive reinforcing dynamic between the chain and Treasure’s own ecosystem. The fact the two are closely intertwined is mutually beneficial and helped make...
Read More »