Cryptocurrency exchange WazirX is currently facing challenges in its restructuring process as external parties not invested in the platform may try to prolong the process for their own gains. These parties are aiming to create and maintain uncertainty rather than find a resolution, leading to delays in resolving the situation. WazirX announced a comprehensive restructuring
admin
Shibarium, a layer-2 blockchain solution developed on the Ethereum network, has been making significant strides in improving the functionality and efficiency of the Shiba Inu ecosystem. With the aim of reducing transaction costs, enhancing transaction speed, and scaling the network, Shibarium has been at the forefront of innovation in the crypto space. Over the past
Opeyemi is not just another writer in the broad spectrum of authors. He has found his niche in the exciting and unique world of cryptocurrency. Despite not initially choosing the digital asset industry, Opeyemi has been captivated by it for over two years now. This passion has driven him to create compelling pieces that decode
The European Union’s AI regulatory framework has been heavily criticized by tech leaders such as Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek. They argue that the EU’s fragmented regulatory structure is hindering innovation in the AI sector. According to the CEOs, the inconsistent implementation of regulations is creating confusion for companies looking to
Coinbase recently released a report suggesting that young, pro-crypto voters could play a significant role in the outcome of the 2024 US presidential elections. According to the report, Gen Z and Millennials, who now make up 40% of the electorate, are increasingly supporting candidates who advocate for cryptocurrency and financial innovation. This shift in voter
German authorities recently seized a significant amount of cash and 13 cryptocurrency ATMs during a nationwide crackdown on unlicensed operators. The operation, spearheaded by the Federal Financial Supervisory Authority (BaFin), aimed to enhance regulatory oversight in the country’s rapidly expanding cryptocurrency sector. This move reflects a broader effort to protect consumers and safeguard the financial
Bitcoin’s price surge to $65,000 within a span of 24 hours has caught the attention of many in the financial world. One of the key factors attributed to this surge is the US Federal Reserve’s economic policies. The relationship between Bitcoin and the Fed’s policies has been a topic of interest for many years, especially
Semilore Faleti is a prominent figure in the cryptocurrency writing industry, with a specific focus on journalism and content creation. His journey began with a wide range of topics, but he soon discovered his passion for unraveling the complexities of blockchains and digital currencies. Semilore’s interest in the efficiency of digital assets for storing and
Looking at historical data, it is evident that high demand for bitcoin often precedes price recoveries and rallies. However, the current market dynamics paint a different picture. Bitcoin demand growth has significantly slowed down since early April, when the price of the cryptocurrency stood around $70,000. This slowdown can be observed in the daily growth
Opeyemi is a writer who has delved into the world of cryptocurrency with great enthusiasm. Although this field was not his initial choice, he has been captivated by it for over two years. His passion lies in unraveling the complexities of blockchain technology and sharing insights on the latest trends in the cryptocurrency space. Opeyemi’s
Binance, one of the leading cryptocurrency exchanges in the world, recently announced that it will be suspending The Open Network (TON) deposits and withdrawals on August 26 for maintenance purposes. While trading activities will not be affected during this period, users will have to wait for approximately two hours for the maintenance to be completed.
In recent times, Cardano has been the subject of numerous bullish predictions, particularly in the context of the highly anticipated Chang upgrade. This upgrade is seen as a significant milestone for the network, sparking a wave of optimism among its supporters. One such optimistic prediction comes from crypto analyst Alan Santana, who envisions a substantial
Ripple made headlines when it announced its plans to introduce a stablecoin pegged to the US dollar, with the goal of bridging the gap between the cryptocurrency industry and traditional finance. This stablecoin, named Ripple USD (RLUSD), will be available on the XRP Ledger (XRPL) and Ethereum, offering users deep liquidity for major trading pairs
Bitcoin’s price has been experiencing significant fluctuations, with the bulls currently in control as they aim to push BTC above $61,000. However, the weekend brings a different dynamic to the market. Traditionally, weekends see lower trading volumes, which can lead to more volatility in prices. Traders may react more strongly to market changes during this