Ad Voyager’s native token VGX rose 11.51% in the last 24 hours to as high as $0.42299, according to CryptoSlate’s data. The token’s value had retraced to $0.3955 at the time of writing. Voyager counters SEC’s securities claim against VGX The bankrupt lender countered the US Securities and Exchange Commission’s (SEC) claim that VGX was…
Ad Defined as addresses that have held Bitcoin for over 155 days, long-term holders are often considered the backbone of the market. They create support as they tend to accumulate BTC when prices are declining, and fuel bull rallies as they distribute the accumulated coins when the market is in an upswing. Therefore, determining the…
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Ad The Bank for International Settlements (BIS) has successfully completed a pilot retail central bank digital currency (CBDC) pilot called Project Icebreaker, according to a March 6 press release. The BIS Innovation Hub Nordic Centre conducted the project in collaboration with the central banks of Israel, Norway, and Sweden. The regulator said unlike domestic payments…
Ad The State Bank of Pakistan has commissioned the development of a blockchain-based national eKYC (Know-Your-Customer) platform for retail banking, according to local media reports. The project is part of the central bank’s ongoing efforts to strengthen anti-money laundering and terrorism financing controls and improve financial inclusion — both of which the country has struggled…
Ad The environmental impact of Bitcoin mining has been a hot topic in the past year, especially in the U.S. Following the coveted mining ban in China, a huge number of large mining operations set up shop in the U.S., taking advantage of loose regulation and low energy prices. The influx of mining companies to…
Ad As ETHDenver draws to a close, builders across Web3 leave with new ideas, developments and utilities led by a unique and multi-hyphenated culture and community interested in everything from wallets to services, privacy, dank sharding, folk music, video games and art. ETHDenver draws heavily on its unique culture Cringe aside, people coming together irl…
Ad Crypto exchange Kraken has plans to launch its bank, The Blocks reported March 6. According to the report, the crypto firm continues its plans despite the recent regulatory issues plaguing the industry. Kraken’s chief legal officer Marco Santori said: “Kraken Bank is very much on track to launch, very soon. We’re going to have…
Ad The cryptocurrency market cap saw net outflows of $6.2 billion since the last wMarket report and currently stands at $1.02 trillion — down 0.6% from $1.03 trillion. Since last Friday, Bitcoin and Ethereum’s market cap fell 0.05% and 0.1% to $432.2 billion and $191.4 billion, respectively. The top 10 crypto assets recorded losses over…
Ad Stablecoin inflow into Ethereum (ETH) layer 2 (L2) networks increased 5% in the last seven days to over $2 billion, according to DeFillama data. Arbitrum averaged a $10M inflow per day in February In February, Arbitrum’s stablecoin inflow averaged over $10 million daily as the network saw a total influx of around $300 million….