Polygon Introduces $720 Million Community Treasury to Support Blockchain Projects
Polygon a blockchain project hailing from India has recently announced a $720 million in Community Treasury. The Ethereum layer-2 project has announced the reward as...
South Korea Classifies NFTs as Virtual Assets
The government of South Korea has decided to grant mass-produced NFTs the legal status of being a virtual asset. It is important to note for...
Stablecoin USDT Issuer Tether Acquires 25% Stake in Bitcoin Miner Bitdeer
The firm behind the largest global stablecoin USDT issuer, Tether, confirmed owning a 25% stake in the Bitcoin miner Bitdeer as per Thursday, June 6...
Crypto Exchange DMM Bitcoin Seeks $320 Million to Recover Funds Following Major Hack Attack
DMM Bitcoin, a cryptocurrency exchange operating in Japan, suffered from a major hack attack recently. However, the administrators of the firm promised the investors to...
Bitwise Executive Consider Crypto Market Undervaluing’ Recent US Policy Shifts
The Bitwise investment executive is bullish on regulatory clarity in the US policy shifts, prompting financial advisors to carry $20 trillion in value to onboard...
Trading Volume on Centralized Exchanges Plunged to $5.2T in May
According to a new report, the overall trading volumes for regulated exchanges have decreased during the month of May. The report suggested that, for the...
OKX Introduces New Crypto Exchange and Web3 Wallet in the Netherlands
Good news for cryptocurrency investors hailing from the Netherlands has come from the OKX exchange. The trading platform has decided to extend its suite of...
Former Mt. Gox Chief Labels Bitcoin Repayments as False Alarm
The former chief executive of Mt. Gox, Mark Karpelès, labeled the claims of Bitcoin repayments by the defunct crypto exchange as false claims. Karpelès informed...
Chainlink (LINK) Rallies Following Swift Payments Update and Ethereum ETF Approval
Chainlink, native token LINK, surged to defy the calm day for the crypto market following news of Swift payment updates and spot Ethereum ETF approval. ...
MicroStrategy’s Michael Saylor Considers Spot Ethereum ETF Approval Beneficial for Bitcoin
MicroStrategy's Michael Saylor portrayed a turning turnaround to consider the spot Ethereum ETF approval is beneficial to Bitcoin. MicroStrategy's founder camouflaged defense for Bitcoin by...