cryptocurrencies

HashKey Group Obtains Bermuda License, Launches Global Platform
Crypto

HashKey Group Obtains Bermuda License, Launches Global Platform

Hong Kong crypto exchange HashKey is willing to fight global crypto exchanges like Coinbase to secure a new Bermuda license for offering crypto futures for 20 different crypto coins. This development comes as HashKey faces strict regulatory measures in Hong Kong for offering crypto derivative products to customers. In a recent interview with a local […]

Apr. 8, 2024
Chainlink’s Oracle Ascension: Analyst Predicts Bullish Surge
Blockchain

Chainlink’s Oracle Ascension: Analyst Predicts Bullish Surge

Crypto analyst Michaël van de Poppe recently expressed optimism regarding the performance of Chainlink’s price. Van de Poppe highlighted the awakening of Oracles, indicating a positive trend for Chainlink. He emphasized his bullish sentiment, stating, “I think that $LINK is going to do well.” Furthermore, he anticipates that $API3 will likely follow a similar trajectory, suggesting a […]

Feb. 29, 2024
Dogecoin (DOGE) Drops from Top 10 Cryptocurrencies
DogeCoin

Dogecoin (DOGE) Drops from Top 10 Cryptocurrencies

Dogecoin (DOGE) was once celebrated for its unexpected rise from a meme to a major digital asset. However, it has now fallen out of the top 10 cryptocurrencies by market capitalization, according to data from CoinMarketcap. This development comes as Chainlink (LINK) ascends into the top 10. It reflected the dynamic and ever-changing landscape in […]

Feb. 13, 2024
Portal Raises $34M in Seed Funding for Bitcoin-Based DEX
Crypto

Portal Raises $34M in Seed Funding for Bitcoin-Based DEX

Bitcoin-based cross-chain decentralized exchange and wallet Portal raised $34 million in a seed funding round. Investors in the round included OKX Ventures, Arrington Capital, Coinbase Ventures, and Gate.io, the company announced on Jan. 30.  Portal co-founder and CEO Chandra Duggirala said the funding round comprised a combination of a simple agreement for future equity (SAFE) […]

Jan. 30, 2024
Neobank CEO Sees DeFi as Solution to Africa’s Forex Challenges
Blockchain

Neobank CEO Sees DeFi as Solution to Africa’s Forex Challenges

A vacuum is created, and decentralized finance (DeFi) could fill it. Pascal Ntsama IV, Canza Finance CEO, sees potential in cryptocurrencies and blockchain networks. Furthermore, it is difficult for most to access United States dollar liquidity and currency swaps in the forex market. A limiting factor for African sovereigns restricts their import-dependent economies and services […]

Nov. 30, 2023
OKX Launches Crypto Exchange And Web3 Wallet In Brazil
Crypto

OKX Launches Crypto Exchange And Web3 Wallet In Brazil

Global web3 technology company OKX has launched its crypto exchange and Web3 wallet platform in Brazil, aiming to provide Brazilian users with a secure gateway to decentralized finance (DeFi) and crypto trading. The move comes as the South American nation continues to make significant progress in crypto adoption and cements itself as one of the […]

Nov. 28, 2023
Justin Sun’s HTX Reports $98 Million Profit In Q3 Following Layoffs
Crypto

Justin Sun’s HTX Reports $98 Million Profit In Q3 Following Layoffs

Crypto exchange HTX (formerly Huobi Global), owned by Chinese blockchain personality Justin Sun, has posted a profit of $98 million in Q3 of this year. As per a thread posted on social media platform X (formerly Twitter), Sun claimed HTX and related companies generated a total of $202 million in revenues during the quarter. However, […]

Oct. 27, 2023
Bitcoin Gains Legal Recognition As Digital Asset In Shanghai, China
Bitcoin

Bitcoin Gains Legal Recognition As Digital Asset In Shanghai, China

The Shanghai No.2 Intermediate People’s Court in China explained that Bitcoin (BTC) has emerged as a unique digital asset based on several characteristics, including its scarce nature. On September 25, the court released a report titled “Legal Attributes and Judicial Disposal of Digital Currency,” emphasizing the legal issues surrounding digital data and currency when compared […]

Sep. 27, 2023