Solana [SOL] launched integrations with both xdefi wallet and trust wallet, thus attracting a large number of the user base. But the question is- With the new Helium network announcement, could SOL see a bullish run in the future? Only time will tell Solana has been in the news for quite some time, but notContinue reading “Solana sees integrations with multiple wallets; what could be in store next?”

The much anticipated Ethereum [ETH] Merge has finally happened and has been announced successful. The transition to Proof-of-Stake (PoS) of the second most significant blockchain will now make ETH more energy efficient after years of delay.  While the Merge occurred a few hours ago today (15 September), many milestones have been hit across different levels.Continue reading “Ethereum Merge done and dusted- assessing its ins, outs, and unseen”

Emerging markets are leading the cryptocurrency adoption index globally, says a Chainalysis report. It adds that lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption. Titled “The 2022 Global Crypto Adoption Index,” the report analyzed a large number of cryptocurrency transactions and other related metricsContinue reading “This country is leading in ‘Global Cryptocurrency Adoption Index’”

When talks of the Ethereum [ETH] Merge became an irreversible focal point of the crypto community, Lido Finance [LDO] was mostly pointed out. Not just because it is the king in the ETH staking world but because it almost always took part in a price uptick. In 2022 alone, LDO increased more than 150%, recordingContinue reading “Lido Finance investors waiting on Ethereum Merge should read this”

DeFi protocol, MakerDAO [MKR], updated the risks it could face as a result of the Ethereum [ETH] Merge. Recall that the crypto lending project had initially highlighted some threats in August. Despite noting a few others on 6 September, MKR released the final details as the Merge takes place in some hours. While focusing onContinue reading “MakerDAO confirms Merge threat to cut down USDC but there’s more”

Society for Worldwide Interbank Financial Telecommunications (SWIFT), the global financial messaging network has made a new development on the blockchain front by announcing a partnership with fintech company Symbiont. Symbiont, with its proprietary enterprise blockchain platform Symbiont Assembly, caters to financial institutions around the world and helps issue, track and manage financial instruments. Both organizationsContinue reading “SWIFT partners with Symbiont to meet these targets of the future”

Alex Mashinsky, CEO of bankrupt crypto lender Celsius, has outlined a plan to pivot his company’s operations from lending services to custody services.  The pitch was reportedly made during an internal all-hands meeting on 8 September. A recording of the meeting, which is now circulating on social media, was shared by popular Celsius victim TiffanyContinue reading “Celsius’s CEO plotting a pivot to custody services- Details inside”

The CEO of Avalanche [AVAX] Labs, Emin Gün Sirer, made an important announcement on 14 September. KKR, a leading global investment firm, joined hands with Avalanche with $417 billion in assets under management (AUM). The main aim stood to tokenize exposure to the fund. With the help of fintech firm Securitize, Avalanche will be ableContinue reading “Could Avalanche’s latest collaboration lead to positive results”

Customers of renowned US-based cryptocurrency exchange site Coinbase are receiving complete information regarding any risks connected to the impending Merge of Ethereum (ETH). The forthcoming Ethereum upgrade was just discussed in the most recent entry of Coinbase Cloud’s blog. So what are the potential risks? The latest report from Coinbase describes the technical, operational, andContinue reading “Ethereum [ETH]: Evaluating the risk factor post Merge”

The South Korean city of Busan has added Huobi Global to its list of crypto exchanges that will help develop the city’s first Digital Currency Exchange. The Busan Metropolitan City government has signed a memorandum of understanding (MoU) with Beijing-based crypto exchange Huobi Global, specifically its Korean branch. Closer look at the MoU According toContinue reading “Busan adds Huobi to list of digital exchange development partners”

Over 1.3 trillion Shiba Inu [SHIB] tokens have been accumulated following the 6% dip in price as of 13 September. According to a SHIB watchdog, ShibaPlay, transactions had been going on in hundreds of millions since the second most valuable meme coin lost hold on crucial support levels. At press time, SHIB was not workingContinue reading “Is Shiba Inu’s [SHIB] short-term bottom almost in”

The Central Bank of Egypt (CBE) has warned Egyptian citizens against dealing with encrypted virtual assets, including cryptocurrencies, due to the associated risk, reported the Egypt Independent. The bank recently issued a press release, saying that it has been following up on the phenomenon of cryptocurrency trading on regional and international platforms being promoted. TheContinue reading “Egyptian Central Bank has this message for its cryptocurrency traders”