Tag Archives: News

The PancakeSwap DEX Version 3 also looks to introduce a “VIP” trading rewards program and a position manager feature down the stretch.  PancakeSwap DEX has launched Version 3 on Ethereum and BNB Chain, offering improved performance and lower fees. According to reports, Version 3 introduces four different trading fee tiers of the cheapest on-chain trading fees among the decentralized exchange’s contemporaries. Notable counterparts, in this case, include Uniswap and SushiSwap. PancakeSwap’s...

Three individuals – along with one business – have been charged with running a string of illegal cryptocurrency ATMs across the northern region of Ohio. The people arrested are 45-year-old Sonny Meraban, 75-year-old Reza Meraban, and 69-year-old William Suriano. Several Crypto ATMs Have Been Confiscated Two of the men were arrested in Chicago, while the other was arrested in Miami. Overall, the case was handled by 28 law enforcement agents who had garnered more than 50...

A new deal sees the WWE and UFC merge under the same umbrella for all-round combat sports offerings subject to regulatory approval. The World Wrestling Entertainment (WWE) has agreed to merge with the Ultimate Fighting Championship (UFC) to form a publicly-traded combat sports company. According to reports, the new company will be run by a talent and media holding company and UFC parent Endeavor Group Holdings. The WWE deal comes months after news first emerged that the popular wrestling...

The linkup between GoHenry and Acorns is destined as both companies have been working together for some time already. American financial technology and financial services firm Acorns has revealed it has acquired GoHenry, a teen-based investing application with a diversified user base. As reported by CNBC, the acquisition is the first of its kind for Acorns which is set to use the new acquisition to expand into Europe, in line with its global expansion strategy. The financial cost of the...

ByteDance spectacular performance comes despite uncertain macro conditions and a major fall for tech companies in 2022. Last year in 2022, TikTok parent ByteDance reported a strong 30% surge in its revenue crossing $80 billion in sales and matching other tech giants like Tencent. ByteDance’s twin video platforms TikTok and Douyin witnessed a massive boom and user activity while pulling a large number of advertisers onto the platform. ByteDance Sales and Other Performance Parameters In a...

For Us All – a 401K provider centered in San Francisco, California – is set to allow all its customers to use their 401K retirement funds to invest in digital assets like bitcoin, as well as several smaller altcoins. Overall, customers have the option of investing in as many as 28 separate crypto assets. For Us All to Give Customers Access to Crypto The choices will be available to For Us All customers through a specialized Coindesk Index, with Coindesk being a popular...

Ethereum Layer 2 governance platform Arbitrum Foundation has spoken out following the community FUD from its controversial ARB sale.  The Arbitrum Foundation is taking heat for offloading 50 million ARB tokens on-chain without community consent. ARB’s value slumped 11% following the sale, with the Foundation explaining it utilized the proceeds in the DAO’s interest. The Foundation also revealed it loaned 40 million ARB from the total on-chain transfer to a financial markets player. In...

As the growing liquidity strain in the price of Bitcoin is a major concern, American banks are likely to start exploring new avenues to rebuild that part of the industry. The recent bank runs of American banks as recorded in March have fueled a massive pulldown on the liquidity base of Bitcoin (BTC), the world’s largest digital currency by market capitalization. As reported by CoinTelegraph citing data from crypto analytics provider, Kaiko, the drained liquidity in the market has hit a...

Li Auto claims to have grabbed 20% of the total market for SUVs in the price range of 300,000 yuan ($43,674) to 500,000 yuan.  Chinese electric carmaker Li Auto registered a massive surge in sales for the last month of March and thus for the entire Q1 2023. During the month of March, Li Auto delivered a total of 20,823 vehicles. This was more than what rival company Xpeng did during the entire first quarter. Li Auto in Q1 2023 During the first three months of the year, Li Auto delivered a...

Alchemy’s new raise of $10 million was single-handedly funded by market maker DWF Labs. Singapore-based payments provider Alchemy Pay has taken its expansion efforts a bit further. Alchemy Pay raised $10 million in investment funding to reach a valuation of $400 million, according to a press release. Alchemy Pay Keen on Expanding Its Business For what it’s worth, Alchemy Pay has been focused on leveraging the crypto-friendly nature of South Korea to its fullest capacity. According to a...