Month: July 2024

Ethereum’s Bullish Momentum Ethereum’s recent surge in open interest has surpassed the $11 billion mark, signaling a revitalized interest in derivative markets. This surge hints at a resurgence of confidence among traders, reflecting an influx of new capital into the market and a generally bullish sentiment prevailing. Unprecedented Funding Rate The funding rate for Ethereum […]

Lumina introduces a groundbreaking approach to cross-chain transactions, revolutionizing the landscape of blockchain interoperability. The platform offers a multi-layered solution that integrates socialized costs, a dynamic programming layer, and autonomous expansion to streamline asset and data exchange between diverse blockchain ecosystems, paving the way for a more interconnected decentralized finance (DeFi) environment. Partnering for Progress […]

A New Frontier in Asset Management In a bold move towards asset redistribution, a decentralized finance exchange has unveiled an innovative approach to handling losses from cyberattacks. Rather than employing the conventional methods of absorbing the costs internally, this pioneering exchange aims to revolutionize the industry with a strategy that evenly spreads the impact across […]

A New Vision for Crypto Regulation Embracing a fresh perspective on crypto regulation, industry leaders are advocating for a shift towards progressive policies that nurture innovation and growth. Steering away from traditional approaches, these visionaries are championing a future where clarity and flexibility define the regulatory landscape. Redefining the Narrative In a recent dialogue, key […]

In a surprising turn of events in June 2024, the landscape of digital currencies witnessed a seismic shift, leading to a significant transformation in the realm of celebrity-backed meme coins. The value of these coins plummeted by an average of 94%, marking a stark contrast to their previous highs. Even renowned tokens like Parental Figures […]

Bitcoin has skyrocketed by close to 15% in the last fortnight, showcasing substantial growth following its rebound from the key support level at $55.8k. The digital currency has tapped into a realm of increased liquidity post its recent upsurge, successfully re-establishing its position above the 200-day EMA. The market dynamics hint at a slightly bullish […]

Singapore’s blockchain technology landscape just received a significant boost with the appointment of Brian Liang as the first chief operating officer (COO) for aelf, a pioneering blockchain network. aelf stands out for blending artificial intelligence (AI) with blockchain technology, facilitating the creation of decentralized applications that harness AI to improve decision making and user engagement. […]

Esteemed Recognition in Blockchain Legal Services Within the dynamic realm of cryptocurrency and blockchain, Crypto Legal has emerged as the United Kingdom’s premier legal and forensic service provider for the blockchain industry, capturing a total of 16 industry recognitions in just the previous year. The firm’s prowess in delivering highly specialized legal advice and forensic […]

Nigeria is taking significant strides towards adopting blockchain technology across various sectors in a national effort to boost transparency and reduce corruption. The initiative is now entering the implementation phase under the guidance of the National Blockchain Policy Steering Committee (NBPSC). Chimezie Chuta, chairperson of the NBPSC, has commenced coordination with the National Information Technology […]

Bitcoin swiftly recovers from a minor slump, showing resilience in the face of political news that U.S. President Joe Biden will not be running for reelection. The initial dip triggered a wave of futures contracts liquidations totaling $159 million, as reported by analytics firm Coinglass. Yet the dip was fleeting. Bitcoin’s price swiftly rebounded, surpassing […]