Month: March 2022

Binance back in Malaysia via a strategic stake in regulated digital exchange

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Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset trading platfrom MX Global. Binance and Cuscapi Berhad acquired a key stake in MX Global, one of the four Recognized Market Operators – Digital Asset Exchange licensed by the Securities Commission (SC) in Malaysia. Hello Malaysia. https://t.co/vsHzHlm7KI — CZ Binance (@cz_binance) March 1, 2022 The leading crypto exchange has a significant presence in the Asian region and with its new partnership in Malaysia, the exchange aims to…

Shiba Tron, The Shiba Inu And Floki Inu ‘Killer’ That Soared 1,000%, Is A Potential Scam

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This token, named after the surprising hit of 2021, Shiba Inu, has almost no value. Fortunately, the bogus token was spotted early on, preventing Shiba Tron from duping other users. Shiba Tron (SHIBT) is a new addition to the growing pack of meme currencies featuring dogs. A few days ago, the SHIBT coin soared by more than 1,000%, capturing investors’ interest. PeckShield, on the other hand, has issued a warning to cryptocurrency aficionados regarding SHIBT. The contract, according to the blockchain security firm, has a piece of code that restricts token…

What Tokenization Could Do for Ethereum Scaling Solutions

By looking at the performance of tokenized Ethereum scaling tools (Polygon, Metis, Boba) vs. tokenless layer 2s (Arbitrum, Optimism, all ZK rollups), it’s clear that the launch of a token economy allows networks to generate hype, build community and establish grants used for innovation and security. The total value locked (TVL) may not be permanent, but the launch of a token or an incentive program generates attention and financially encourages builders and users alike to bridge to the network. Source

Solana price eyes $150 as SOL’s 25% jump this week puts ‘double-bottom’ in play

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The price of Solana (SOL) may rise by over 45% in the coming weeks as the cryptocurrency intends to complete a double-bottom chart pattern against the United States dollar. A $150 SOL ahead? Double-bottoms typically appear at the end of a downtrend when the price falls to a low, rebounds, and returns to the level near the previous low. With bears unable to push the price to a newer low, the selling sentiment becomes exhausted, leading to a sharp upside retracement and a breakout move afterward. SOL has been somewhat…

WELLS FARGO GIVES ETHEREUM A HUGE TARGET – ETH Prices Are Not Dropping

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South African Mobile Network Operator MTN Buys Land in the Metaverse – Bitcoin News

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Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital Experiences’ South Africa’s mobile network operator, MTN, recently bought 144 plots of digital land in the Ubuntuland metaverse, a report has said. The purchase reportedly makes MTN one of the first companies from South Africa to enter the metaverse. As the Mybroadband report explained, MTN…

Coinbase launching NFT marketplace

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Kate Rooney joins The Exchange with news from Coinbase, who just announced they’re launching an NFT marketplace. For access to live and exclusive video from CNBC subscribe to CNBC PRO: Coinbase is getting into NFTs. The cryptocurrency exchange said Tuesday it plans to launch a marketplace that lets users mint, collect and trade NFTs, or nonfungible tokens. Users can sign up to a waitlist for early access to the feature, the company said. NFTs are one-of-a-kind digital assets designed to represent ownership…

Ukraine Receives Over $7M in Crypto Donations After Airdrop Announcement

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Aussie advisory committee lists key factors for easing crypto adoption

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Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies. The study released by Australia’s Department of Home Affairs, titled ‘Exploring Cryptocurrencies’, cites the rise in crypto adoption as the country undergoes a rapid transformation to an advanced digital economy: “There is a need for regulatory settings that provide greater clarity and confidence about how the cryptocurrency market can operate in Australia.” The Federal advisory recommends exploration of four key areas that can…