Finance
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Month: May 2024
Technology
Mastercard, Citi, JPMorgan, Visa Explore Distributed Ledger Tech
In a push to harness cutting-edge technology, Mastercard, Visa, JPMorgan, and Citigroup are setting the stage for what could be a revolution in financial markets with distributed ledger solutions. The financial giants have united to launch […]
NFT
Blockchain gaming investments reached nearly $1B in April
Blockchain gaming saw investments totaling $988 million in the month of April, the highest since January 2021. The number of daily unique active wallets also reached a record-setting 2.9 million for blockchain gaming. DappRadar, in […]
Doge
UK cannabis millionaire’s legal ‘deals on wheels’ via crypto
Financial failure does not phase medical marijuana millionaire and entrepreneur Maximillian White. Europe’s wealthiest legal cannabis tycoon has seen misfortune quite a bit, twice in his own career and once in his father’s. However, his […]
Bitcoin
Bitcoin (BTC) Price Jumps 7.5% in 24 Hours: Key Factors Behind the Surge
Bitcoin (BTC) closed the daily candle with a robust 7.5% gain, signaling strong bullish momentum. Let’s examine why the $60,000 price has been a crucial entry point for investors and traders. Bitcoin Price Analysis: Breaking […]
Ethereum
Alex Labs freezes $3.9M of exploited funds sent to CEXs after hack
Bitcoin layer-2 developer Alex Labs has successfully frozen more than $3.9 million worth of crypto that was exploited from its BNB Smart Chain bridge, according to the team’s May 16 social media post. According to […]
Blockchain
Ghana, Singapore conduct trade in semi-fungible token pilot project
The Bank of Ghana (BOG) and Monetary Authority of Singapore (MAS) have completed a proof-of-concept for the Digital Economy Semi-Fungible Token (DESFT) Project, according to various local press reports. The project is intended to encourage […]
Altcoin
Notcoin Debuted on Centralized Exchanges
Notcoin (NOT) reached a significant milestone by entering the top 10 cryptocurrencies in daily trading volume shortly after its listing on major centralized exchanges on May 16. Within 24 hours, NOT reached the eighth position […]
Business
Arbitrum DAO Launches M&A Pilot to Boost DeFi Expansion
Arbitrum DAO has entered on a pioneering mergers and acquisitions (M&A) pilot program. This move leverages its $3 billion treasury for growth and innovation in decentralized finance (DeFi). The initiative, which received overwhelming approval from […]
Market Analysis
Is Avalanche (AVAX) Set for Consolidation?
Avalanche’s (AVAX) price is expected to remain consolidated owing to the lack of substantial growth expected from the altcoin. AVAX holders also exhibit a selling sentiment since short-term investors dominate the supply. Avalanche Investors Look […]
