Bitcoin and Gold Set New Price Milestones Concurrently
On March 5th, Bitcoin (BTC), the preeminent digital currency, soared past expectations, setting a new price record by breaking the $69,200 barrier for the first time in its history. This…
Algorithmic Trading Firms Trigger Binance and Coinbase Outages, Says dYdX Executive
In an enlightening conversation with Cointelegraph, Ivo Crnkovic-Rubsamen, who holds the dual role of Chief Strategy Officer and Technical Lead for Trading at dYdX exchange, sheds light on the recent…
Singapore’s Sea Limited records first profitable year, battling Lazada and TikTok for market share.
In a remarkable turn of events, Southeast Asia’s tech behemoth, Sea Limited, announced a groundbreaking achievement on Monday, marking its first ever profitable year. This milestone comes in the wake…
China’s audacious step in the AI competition: Emulating OpenAI’s sophisticated video model
In an ambitious move that underscores China’s growing prowess in the technological arena, researchers from Peking University and AI company Rabbitpre have embarked on a groundbreaking project that aims to…
Unbounded Sentiment: Tether Co-founder Predicts Bitcoin Could Soar to $300,000 in Next Bull Market
Bitcoin‘s current rally could be the most significant we’ve witnessed, with predictions suggesting the possibility of an even higher surge, as highlighted by Tether’s co-founder. Currently, Bitcoin trades around $66,522,…
Huawei’s daring venture into the AI chip market poses a challenge to Nvidia in the face of US export constraints.
In the rapidly evolving landscape of the tech industry, Huawei Technologies has taken a bold step forward, marking its presence as a significant player in the artificial intelligence (AI) chip…
Hong Kong’s SFC Targets Fraudulent Crypto Exchange Websites for Blacklisting
The Securities and Futures Commission (SFC) of Hong Kong has taken decisive action against fraudulent activities targeting the local cryptocurrency exchange sector. On March 4, the SFC issued a stern…
Taiwan Set to Unveil New Digital Currency Regulations in September: Overview
Taiwan’s Financial Supervisory Commission (FSC) is gearing up to introduce a fresh draft of digital asset regulations come September 2024. This initiative, aimed at refining the regulatory framework for digital…
Taiko Secures $37 Million in Funding to Develop Web3 Infrastructure Aimed at Creating an Unrestricted Internet
In the fluctuating world of cryptocurrency, marked by its speculative fervor and casino-like volatility, a distinct group of visionaries sees blockchain technology as a key to decentralizing various human activities…
Pepe, Floki, Bonk, and Additional Memecoins Experience a 3,000% Weekly Volume Increase
The digital currency landscape has once again been captivated by the memecoin phenomenon, witnessing unprecedented rallies among trending tokens such as Pepe, Floki, Bonk, and others. This surge has not…
Bitcoin NFTs Overtake Ethereum in Weekly Sales, Marking a Notable Shift
In a surprising turn of events, sales of Bitcoin non-fungible tokens (NFTs) have outpaced those on Ethereum in the last week. This shift is attributed to a significant increase in…
India mandates government approval for AI model deployment.
In a significant move that places India at the forefront of the global AI regulatory conversation, the Ministry of Electronics and Information Technology (MeitY) has issued a groundbreaking advisory. This…
India approves investments totaling $15 billion for semiconductor plants.
In a significant move to bolster its semiconductor industry, India has approved a massive investment of up to $15.2 billion (1.26 trillion Indian rupees) to construct three new semiconductor plants.…
FTX Sets Claim Window Prices for Major Cryptocurrencies Below Market Rates
FTX, the cryptocurrency exchange undergoing bankruptcy proceedings, has initiated a claims process with valuation figures for significant digital assets like Bitcoin, Ether, Solana, and BNB considerably lower than their prevailing…
Chainlink’s Sergey Nazarov Highlights Global Financial System’s Entry into Crypto as New Market Drivers
In an enlightening conversation with Bloomberg on February 28, Chainlink’s founder, Sergey Nazarov, shed light on the distinctiveness of the current cryptocurrency market cycle. He pinpointed the diversity and volume…
2023 Witnesses Uptick in Cryptocurrency Crimes via Darknet Markets, Chainalysis Reports $1.7 Billion in Earnings
The cryptocurrency sector remains under the shadow of cybercriminal activities, with darknet markets identified as a significant contributor to the industry’s illicit revenue streams in 2023. The latest findings from…
Anticipation of a Larger Surge in Bitcoin ETFs: Insights from Bitwise
The introduction of spot Bitcoin exchange-traded funds (ETFs) marks a pivotal moment in the financial sector, with Bitwise projecting an unprecedented influx of institutional capital into the market in the…
Hong Kong Ceases License Applications for Cryptocurrency Exchanges
In a significant regulatory shift, as of February 29, Hong Kong has announced the cessation of accepting license applications from cryptocurrency exchanges. This development heralds a new era of compliance…
HashKey OTC Gains Preliminary License Approval from Singapore’s Monetary Authority
HashKey Technology Services, the distinguished over-the-counter (OTC) trading division of the HashKey Group, marked a significant milestone on February 28 by receiving in-principle approval from the Monetary Authority of Singapore…
Shido Token’s Value Tumbles by 94% Following Ethereum Staking Contract Breach
In a startling turn of events, the Shido blockchain, a layer-1 entity, witnessed a dramatic plunge in its token value, nosediving by up to 94% within a mere half-hour. This…