In an interview with Phaver’s CEO Joonatan Lintala and Ecosystem CFO Tomi Fyrqvist, we explore how this Web3-powered social platform aims to revolutionize social media by integrating blockchain technology and token-based incentives. Phaver’s Decentralized Social Media Puts Users in Control Phaver is a decentralized social media platform that integrates Web3 technologies, allowing users to take […] Source CryptoX Portal
Day: October 12, 2024
Bitcoin strategy is a ‘betrayal’
Craig Wright, the controversial figure who claims to be Bitcoin’s creator, lashed out at Michael Saylor, co-founder of MicroStrategy, accusing him of distorting the true essence of Bitcoin. Wright’s condemnation comes on the heels of Saylor’s announcing that he wants to turn MicroStrategy into a merchant bank for Bitcoin (BTC). In a blistering critique, posted to X on Oct. 12, Wright said Bitcoin “has been distorted, manipulated, and centralized—now incapable of facilitating simple transactions without the intervention of intermediaries.” Wright directed his ire at Saylor specifically for “building a so-called…
Jailed Binance Employee’s Bail Application Denied Despite Medical Needs
The judge in Abuja denied bail to Tigran Gambaryan, the jailed Binance employee and a U.S. citizen unlawfully detained in Nigeria. Despite meeting all the medical requirements for bail, the judge’s decision contradicts established Nigerian legal precedents. Gambaryan’s health has deteriorated significantly in prison, and he requires medical treatment that the prison cannot provide. His […] Source CryptoX Portal
Eyes $29.35 Breakout And Further Gains
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
Fairdesk Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024
SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Since its official launch in 2021, Fairdesk Cryptocurrency Exchange has been committed to providing high-quality trading services to a global community of traders. Over the past few years, Fairdesk Cryptocurrency Exchange has played a positive role in enabling seamless cryptocurrency trades and futures transactions. However, due to evolving market conditions and regulatory changes, the company has made the difficult decision to permanently close its operations on November 30, 2024. As part of this process, all futures and spot trading positions on the platform will be…
Jumpex Cryptocurrency Exchange Announces Permanent Closure of Platform by November 30, 2024
SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Since its official launch in 2024, Jumpex Cryptocurrency Exchange has been committed to providing high-quality trading services to a global community of traders. Over the past few months, Jumpex Cryptocurrency Exchange has played a positive role in enabling seamless cryptocurrency trades and futures transactions. However, due to evolving market conditions and regulatory changes, the company has made the difficult decision to permanently close its operations on November 30, 2024. As part of this process, all futures and spot trading positions on the platform will be closed…
Sui Blockchain’s DeFi Growth in Q3 2024: Key Developments and Metrics
Tony Kim Oct 12, 2024 15:56 Sui’s DeFi sector saw substantial growth in Q3 2024, driven by new technologies and partnerships. Key metrics and developments indicate a promising future for the blockchain ecosystem. The third quarter of 2024 marked a significant period of growth for Sui’s decentralized finance (DeFi) ecosystem, driven by a series of foundational developments and strategic partnerships. According to The Sui Blog, the introduction of the Mysticeti consensus engine, the Sui Bridge, and the upcoming DeepBook version 3, among…
Bitcoin (BTC) Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift
Bitcoin, the leading cryptocurrency by market value, rose to nearly $63,500 during North American hours, probing a downtrend line characterizing the pullback from late September highs above $66,000, according to data source CoinDesk and TradingView. Prices topped $63,400 late Friday but failed to sustain the move and dipped to $62,400 early today. Original
Hayes revises Bitcoin view as FXGuys emerges strong
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Arthur Hayes shifts his stance on Bitcoin, sparking interest as FXGuys rises in DeFi with its Trade2Earn and Trader Funding programs. The cryptocurrency landscape is constantly shifting, with influential voices like Arthur Hayes, co-founder of BitMEX, often setting the tone for market sentiment. Recently, Hayes reversed his previous bearish stance on Bitcoin, a change that has captured the attention of investors and traders alike. As Bitcoin regains its footing,…
Bitcoin Price Hits $63,000, Is The Market Set For Takeoff?
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…