Cryptocurrency is simply digital currency, an online medium of exchange via blockchain technology. It’s encrypted , immutable, and decentralized. According to Statista, the global cryptocurrency market could grow from $51.5 billion in 2024 to $71.7 billion by 2028 at a compound annual growth rate of 8.62%. In recent years, we’ve witnessed the growing adoption of cryptocurrency among companies across different industries, but is it right for your small business? Cryptocurrency now leads the financial technology, paving the way for digital transactions in business worldwide. Small businesses can attract international consumers…
Month: March 2024
Opensea introduces Seaport 1.6, cutting gas fees up to 5% for some transactions
OpenSea and the Seaport Working Group have released Seaport 1.6, the most recent version of the NFT marketplace protocol for the Ethereum Virtual Machine (EVM) ecosystem. ‘Seaport hooks,’ a new feature of the upgrade, is modeled around Uniswap v4 hooks. The goal of this feature is to facilitate the development of applications that increase NFTs’ utility and liquidity. By functioning as order fulfillment plugins, these hooks enable developers to easily integrate custom contracts into the Seaport protocol. OpenSea and the Seaport Working Group are thrilled to unveil Seaport 1.6 — the…
BTC pumps again with a 7% rise as Green Bitcoin also gains
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin rebounds with a 7% rise, reaching $67.5K after a significant drop, as Green Bitcoin’s eco-friendly ICO attracts over $7 million in investments, signaling growing investor interest. Following a deep selloff to lows of $61.5K, Bitcoin bulls are back in control as it climbs 7% today to $67.5K. Meanwhile, the new ICO Green Bitcoin is also gaining pace as its total raise surpasses the $7 million mark. Traders speculate…
Crypto Exchange OKX Says Its Ending Services in India in Response to Regulation
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
First Mover Americas: Crypto Market Volatility Heats Up
The latest price moves in bitcoin (BTC) and crypto markets in context for March 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Crypto Exchange Backpack Appoints Stripe, Banking Veteran as CFO
Backpack was founded by Armani Ferrante and Trian Yver, alums of defunct trading companies Alameda Research and bankrupt crypto exchange FTX respectively. Source
Web 3 Startup Tensorplex Labs Raises $3M Seed Funding to Decentralize AI
Tensorplex said decentralization is an antidote to the risk of tech giants monopolizing artificial intelligence, making them prone to biases or censorship. Source
Selling on Rise? Crypto Whale Transfers $42.8M ETH to Binance
Roughly 18 hours ago, an investor holding a large amount of ether transferred 12,000 ETH worth $42.8 million to Binance, according to Lookonchain. Source
Can FTM Hit $2 After 20% Price Spike?
Fantom (FTM), a cryptocurrency known for its high-speed smart contract platform, has been making headlines recently with its price movements and market predictions. As of the latest data, Fantom is ranked #43 by market cap at $2.9 billion, with a trading volume of $863 million in the last 24 hours. The current value of Fantom stands at $1.06, reflecting an increase of 6.5% in the last 24 hours. Recent Developments Just recently, Fantom announced a significant reduction in the minimum staking requirements for validators from 500,000 FTM to 50,000 FTM.…
North Korean Crypto Hackers Have Stolen $3B in Six Years, Says UN Security Council: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CryptoX is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CryptoX was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CryptoX operates as…