News
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Bitget report reveals that Gen Z dominates copy trading in crypto
- August 6, 2023
- Posted by: [email protected]
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No CommentsA recent report from crypto exchange Bitget has shed light on the preferences of different generations when it comes to investment strategies, particularly in the realm of copy trading or social trading. The study unveiled a striking trend, showing that nearly half of all copy traders on the platform are from Generation Z. Copy trading,
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Base Network unveils mainnet bridge UI for general users and sets August 9 for official launch
- August 6, 2023
- Posted by: [email protected]
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Coinbase’s Base network, a platform designed to expand the capabilities of Ethereum’s layer 1, has taken a significant step towards onboarding general users with the introduction of a user interface (UI) for its official bridge. The announcement made on August 3 revealed that end users can now access the network without having to rely on
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Sandbox enforces KYC measures for protocol staking
- August 5, 2023
- Posted by: [email protected]
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The Sandbox, a popular metaverse platform, has announced the implementation of Know Your Customer (KYC) verification for its staking processes in a statement made on August 3. This move comes as part of the platform’s efforts to enhance user security and ensure compliance with regulatory requirements. According to the announcement, only users who have completed
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Litecoin (LTC) price gains momentum as it successfully completes halving
- August 3, 2023
- Posted by: [email protected]
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The much-anticipated Litecoin halving event has recently concluded, causing block rewards to be reduced to 6.25 LTC per block. Occurring at block 2,520,000 on the Litecoin blockchain, the halving has reset the clock for the next occurrence, expected in approximately four years. Litecoin miners are now receiving half the rewards they were before the event,
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Rise of Meme Coins: A New Contender Emerges in the Crypto Jungle
- August 3, 2023
- Posted by: [email protected]
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In the ever-evolving landscape of cryptocurrency, the surge of meme coins has brought an unprecedented twist to the digital financial ecosystem. Drawing on pop culture references, humor, and community-driven initiatives, these coins have been successful in democratizing the crypto space, making it more accessible and entertaining for everyday users. Amidst the dog, cat, and frog-themed
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Binance CEO warns crypto community of emerging scams targeting users
- August 3, 2023
- Posted by: [email protected]
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Binance CEO Changpeng “CZ” Zhao recently issued a warning to the crypto community regarding an emerging and deceptive scam that has been increasingly preying on unsuspecting users during transactions. The scheme involves creating fake wallet addresses that closely mimic the original addresses of users, tricking them into unknowingly sending funds to scammers. The way the
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CoinShares reports a 33% revenue surge in Q2 2023
- August 2, 2023
- Posted by: [email protected]
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CoinShares, an European digital asset manager, saw a large gain in revenue during the second quarter of 2023, with a 33% increase over the same period the previous year. The surge in revenue was primarily driven by the success of their proprietary trading activities. As a prominent manager of Bitcoin, Ethereum, and various altcoin crypto
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Nomura’s crypto division Laser Digital secures Dubai VARA license
- August 2, 2023
- Posted by: [email protected]
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Nomura’s crypto subsidiary, Laser Digital, has achieved a significant milestone by securing an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA). This move highlights Nomura’s ambitions to make its mark in the digital asset arena. The license, obtained by Laser Digital Middle East FZE, the Dubai-based arm of Nomura’s digital asset venture, enables the
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X’s ads revenue sharing: Are crypto payments on the horizon?
- July 31, 2023
- Posted by: [email protected]
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The possibility of Elon Musk’s platform, X (formerly Twitter), introducing crypto payments in the future has caught the attention of the crypto community. Crypto exchange Kraken recently put forth the idea of accepting payments in Bitcoin (BTC), sparking discussions about the potential integration of cryptocurrencies on the platform. The X community responded positively to Kraken’s
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GitHub and Hugging Face join forces to advocate open source in EU’s AI rules
- July 31, 2023
- Posted by: [email protected]
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In an open letter, tech giants GitHub and Hugging Face, along with other prominent firms like Creative Commons, are urging the European Union to reconsider its approach to upcoming regulations governing open-source artificial intelligence (AI) models. The letter calls for a thorough review of the European AI Act, expressing concerns that certain provisions within the