PRESS RELEASE. Dubai, UAE – Enegix Global, a leading player in the digital mining infrastructure industry based in the UAE, is excited toannounce the launch of its new brand, 21pool. The brand’s flagship product is a bitcoin mining pool that specializes in aggregating the computational power of miners to increase payouts. 21pool utilizes the most […] Original
“The policy covers external cyber threats and attacks that would compromise the platform, as well as internal fraud or employee collusion,” Schwartz said in an interview. “[Munich Re] is not involved at the smart contract level, but is getting involved with the most active players in DeFi, starting with a framework that they are comfortable with, i.e. the security of the private keys and the wallet components.” Source
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22. Source
Following a $1.7 million early funding round, Brummer said the company is backed by Dan Schulman, the former PayPal CEO of PayPal; Jules Kroll, the founder of Kroll Inc.; Robinhood Inc. and others. Bluprynt intends to offer what it described as “quality, industry-grade disclosure solutions for digital assets and services.” Source
Bulls in Dogecoin (DOGE) seem to have stepped up their game as the daily price chart of the biggest meme coin in the world is trending positively, fueling speculations about an impending rally. Kevin Capital, a cryptocurrency market expert and enthusiast has offered insights on DOGE’s price action, confirming an effective break out for the crypto asset, as it surpasses the $0.153 resistance level. Dogecoin Surpasses the $0.153 Resistance It is noteworthy that the crypto analyst Kevin previously predicted that for Dogecoin to move higher it needs to break above…
Chicago Mercantile Exchange (CME) plans to offer spot bitcoin trading in response to demand from clients, according to the Financial Times. Already the top bitcoin futures exchange, CME is aiming to take on the likes of Binance and Coinbase, who dominate the spot market. “Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global derivatives giant, as the present bull run is particularly driven by institutions, who prefer to trade on regulated avenues,” Markus Thielen, founder of 10x Research, said.…
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice as the value of 1 petahash per second (PH/s) daily has climbed above the […] Original
PRESS RELEASE. Astra Nova, the pioneering Web3 RPG from Saudi Arabia, is excited to announce the launch of its SocialFi platform, The Black Pass. This innovative platform is accessible through a free soulbound NFT and offers a competitive edge by tracking players’ in-game activity. On The Black Pass, users embark on social quests and collect […] Source CryptoX Portal
The Securities and Exchange Board of India’s (SEBI) suggestion was made to a “government panel” tasked with formulating policy for the finance ministry to consider, Reuters said, citing documents. It added that the panel could submit its report by June. Source
Solana (SOL), the high-speed blockchain network, is facing a balancing act. While experiencing a short-term price bump, analysts warn of a potential plunge if a key technical level crumbles. Related Reading Bullish Flicker Amidst Bearish Gloom SOL’s price has seen a recent uptick of 3.60%, currently hovering around $162. However, this seemingly positive movement comes against the backdrop of a broader downward trend. Analysts attribute this shift to a change in market sentiment. Meanwhile, the altcoin’s RSI is 48, which denotes a neutral position. As a result, SOL has room…