Coinbase Expands Its services in Australia
The iconic cryptocurrency exchange, Coinbase hopes to extend its services in Australia by providing updated services and institutional products to crypto traders. The vice president of international and business development of Coinbase, Nana Murugesan, said he is pleased with the local market. This is because building bear markets was profitable during the bull run. The […]
Coinbase Fixes A Technical Problem In The US Bank
Global crypto exchange, Coinbase, identified and implemented solutions to the technical problem that had stopped transactions within US bank accounts. The problem had caused a temporary halt to payments and withdrawals from Coinbase involving US bank accounts. The exchange came up with the resolution on Sunday and fixed the problem and apologized for the inconvenience. […]
India Freezes Bitcoins in Binance
The Indian Enforcement Directorate (ED) has frozen over 77.6 bitcoins that were transfered from Wazirx to Binance. The freeze occurred when the Indian Authority is investigating money laundering into a mobile gaming application called E-nuggets. The ED claims that the gaming app is designed to defraud the community. This is because the app collected a […]
Shiba Inu Awaits Eternity Download Day
Shiba Inu (SHIB) community is anticipating the download day of the eternity game after experiencing a price rally. The Eternity Download Day is scheduled to be on the 1st of October and the asset is expected to hike its price. However, the risen price will depend on how long the meme coin can hold onto […]
President of FTX US Resigns, Adding His Name to a Long List of Departing Crypto Leaders
The president of FTX US, Brett Harrison, has joined a growing group of prominent figures in the cryptocurrency sector who are resigning from their executive positions. On the microblogging website Twitter, Brett announced his resignation from the position and stated that he planned to transfer his duties and transition into an advising role within the […]
NFT Trading Volume Falls by 97 percent Since January
Trading activity for non-fungible tokens (NFTs) has drastically decreased after reaching an all-time high in January of this year, falling by about 100%. According to Bloomberg, who used data from Dune Analytics, the trade volumes decreased 97% from their all-time high. To be more specific, they decreased from $17 billion at the start of 2022 […]
Brits Are Turning to Bitcoin as The Value of The Pound Against the US Dollar Plummets
British investors are becoming more interested in Bitcoin (BTC) since the value of the pound (GBP) relative to the dollar has fallen. Data initially brought to light by James Butterfill, head of research at CoinShares, Europe’s largest digital asset investing company, shows that Bitcoin trading volumes have exploded against the British pound in recent days. […]
K-Pop and Tech Artists Collaborate to Build NFTs To Draw Fans
Tech businesses are collaborating with K-pop musicians to develop non-fungible tokens (NFTs) and gain followers through the ownership of digital material on the blockchain. As a component of Line’s DOSI NFT trading service, which launches later this month, Naver and Line Next will launch a brand-new K-pop-focused NFT service called “NOW. Drops.” Drops is connected […]