Spheroid Universe, a futuristic Metaverse that augments the real world in every part of the Earth, is announcing that their token, SPH, will officially be listed on MEXC today, on June 5th. Founded in 2018, MEXC (also known as MEXC Global) is a rapidly-growing cryptocurrency exchange with more than 6 million users in over 200 countries, including the USA, UAE, Canada and Australia. MEXC is regularly featured as one the top exchanges globally for trading volume. The exchange offers one of the widest ranges of cryptocurrencies with over 1,500+ coins…
Month: June 2023
Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan
The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said. Original
Google Search for ‘Crypto’ Falls to Late 2020 Levels
According to the recent study of crypto Google Search, Nigeria held the highest score for most crypto-related searches, while South American countries had the lowest results. It seems like people are not interested in reading about cryptocurrencies these days as the online search for “crypto” and other common cryptocurrency terms recently fell to late 2020 levels. Moreover, searches on AI have reached a new record high. Over the past few months, the word “AI” has seen an overwhelming increase in Google searches and has been claimed as the latest tech…
Atomic Wallet Gets Compromised with Attackers Draining More than $35M from Users
Atomic Wallet noted that less than 1 percent of its monthly active users were affected in the weekend’s attack. The crypto community had a rather gloomy weekend after one of the top non-custodial digital asset storage Atomic Wallet was hacked and millions of dollars siphoned from several users’ accounts. According to the latest update from Atomic Wallet via Twitter, less than 1 percent of the company’s monthly active users have been affected. However, independent on-chain researcher ZachXBT noted that the number of assets stolen had surpassed $35 million as of Monday.…
JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg
The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week. Source
Gate.io Threatening Legal Action in Response to Rumors about Its Insolvency
Amid all the speculations, a lot of money has been flowing out of Gate.io. Its token (GT) has been hit hard and it has seen a significant decrease in its price. Full-service digital asset exchange Gate.io has promised to apply legal action in response to rumors regarding its bankruptcy that have been around since May. Gate.io has been allegedly experiencing serious insolvency issues because of its connection with the cross-chain protocol Multichain and its MULTI token. The tweet posted by the exchange reads: “Legal proceedings will be initiated against people…
New York’s Met Museum Agrees to Return $550K in FTX Donations
“The Met wishes to return the Donations to the FTX Debtors, and the FTX Debtors and the Met have engaged in good faith, arm’s length negotiations concerning the return,” said the filing by FTX, with a repayment to be made within one month of judicial approval. Source
Crypto Exchange Binance Hands Rising Star Richard Teng Key Position to Replace CZ
Teng believes Binance is “open and candid about things in the past,” pointing out the firm is still very young. Binance, which will soon celebrate its sixth birthday, started as a technology firm, Teng said, at a point in time when most jurisdictions had no regulations or proper guidance. Today, it has some 750 compliance officers, more than any other exchange, he added. Source
‘$31K was not the end’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of June in familiar territory, but a breakout is coming, investors say. After a calm weekly close, BTC/USD is firmly in its established trading range, while under the hood, market participants are preparing for some dramatic shifts. It has been a long time coming, and for seasoned traders, the signs are increasingly pointing to volatility making a comeback. There is little by way of macroeconomic triggers due this week, making the focus shift elsewhere for cues as to what BTC price action might do…
‘$31K was not the end’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of June in familiar territory — but a breakout is coming, investors say. After a calm weekly close, BTC/USD is firmly in its established trading range, while under the hood, market participants are preparing for some dramatic shifts. It has been a long time coming — and for seasoned traders, the signs are increasingly pointing to volatility making a comeback. There is little by way of macroeconomic triggers due this week, making the focus shift elsewhere for cues as to what BTC price action…