One of the largest centralized cryptocurrency exchanges, Coinbase announced the acquisition of an AI-powered customer support platform, Agara. This new startup, based in India’s Bengaluru city, will help Coinbase to make it easier for new users to hop on to its platform and seek assistance. The official announcement by the involved parties did not mentionContinue reading “Coinbase acquires Agara after announcing plans to build tech hub in India”

Prominent derivatives marketplace, Chicago Mercantile Exchange [CME] took its interest in Ethereum seriously, as it announced that it is expanding its crypto derivatives offerings to include Micro Ether futures. According to an official statement by the derivatives provider, this series will launch on 6th December. Micro Ether futures are sized one-tenth of one Ether asContinue reading “CME group expands crypto derivatives offerings; to launch Micro Ether futures”

The Crypto industry’s favorite dogs are coming together on Binance as the exchange adds SHIB/DOGE trading pair. The meme-coins have taken over the cryptocurrency space along with the interest of many coin holders. Over the past year, we have seen numerous of these coins enter the realm and leave. But Dogecoin has remained as aContinue reading “Listing the SHIB-DOGE trading pair may turn out to be win-win for Binance”

The Nigerian central bank digital currency [CBDC] e-Naira has been facing a string of issues after the launch. The digital currency and the platform indeed saw a sea of 200,000 wallets signing up just within 24-hours of launch. But users found many glitches in the system. Could this lead to users abandoning it? e-Naira’s digitalContinue reading “Nigeria’s e-Naira roll-out plagued with glitches, will users adopt or abandon”

People from emerging economies have been opting for crypto, to hedge against the traditional markets. However, many countries have not been supportive of private cryptos and are instead looking at stablecoins or central bank digital currencies [CBDCs]. Nevertheless, a recent report stated that stablecoins and CBDCs could create daunting issues in the emerging markets andContinue reading “The issue with stablecoins and CBDCs in emerging markets and developing countries”

Another day, another hack on the Binance Smart Chain. The decentralized transaction protocol BXH was attacked on Binance Smart Chain [BSC]. Although the method of the attack is not known yet, the BXH team noted that assets on HECO, OEC, and Ethereum were safe. In order to practice caution, the project suspended the deposit andContinue reading “Binance Smart Chain project hack leads to theft of $139 million”

Dogecoin killer, Dogecoin copycat, Shi*coin etc. were a few names given to Shiba Inu, the new hype in the crypto-verse. It is no secret that there have been multiple projects in the cryptocurrency space that saw momentary hype but faded away in time. The market has similar expectations from Shiba but not before making useContinue reading “AMC Theaters CEO seeks public opinion on Shiba Inu”

It is no surprise that the now infamous ‘Wolf of Wall Street,’ Jordan Belfort was trotting through the cryptocurrency landscape. However, his next prediction for XRP left many puzzled, and many others, excited about what this could mean for the market. Belfort’s bag of XRP Belfort took to Twitter to offer updates to his followersContinue reading “Discussing XRP price action, Belfort says he’ll ‘settle for $10,’ reveals holdings”

Hong Kong has been one of the significant financial centers in the world. And as the world of crypto has been developing, the country has seen a growing population of crypto enthusiasts. To serve these demands, CMCC global, a Hong Kong-based venture capital firm is now aiming to gain $300 million worth of assets inContinue reading “Hong Kong VC firm, backed by Winklevoss twins, seeks $300 million for new crypto fund”

The crypto-industry has seen various products gather steam over the past year, with non-fungible tokens [NFTs] being the rage especially. However, a recent study from DappRadar found that although the sudden popularity of NFTs took the industry by storm, there is no comparison to the value generated by decentralized finance [DeFi]. The DeFi space managedContinue reading “This is why Ethereum DeFi whales prefer these applications”

Depending on which part of the world you live in, you will be able to gain access to not only cryptocurrencies, but also blockchain-related products. While a booming market has turned many countries into crypto-allies, some have remained cautious of its volatility, including India. The push towards central bank digital currencies [CBDC] has been hailedContinue reading “India ready to embrace CBDC as ‘private cryptos hurt government revenues’”

Although the Federal high court gave Nigeria’s central bank digital currency, e-Naira a green light earlier in October, the Central Bank took four weeks to officially launch it. With the launch of e-Naira on 25 October, 2021, Nigeria became the first African country to launch a CBDC. Despite the popularity of Bitcoin in the country,Continue reading “Nigeria’s e-Naira gains more ground as Bitcoin P2P volume shrinks”