Cryptos

The concept of SocialFi is to bridge the gap that exists between existing social networking platforms and Web3. It gives users more control over their content, more freedom of speech, and also lets them monetise their content.

Bitget crypto exchange and Alchemy Pay have entered a collaboration. The aim is to make crypto buying on international exchanges more accessible in India while also diversifying the number of platforms to do so for the nationals.

The CEO of cryptocurrency exchange Binance on Tuesday accused Nigeria of setting a dangerous precedent after its executives were invited to the African country and then detained as part of a crackdown on crypto.

The overall crypto market cap slipped by 0.76 percent in the last 24 hours. Bitcoin and Ether saw losses on Wednesday, May 8. Solana, Ripple, Dogecoin are among other popular cryptocurrencies that recorded price dips in the last 24 hours.

Crypto exchange FTX filed an amended reorganization plan with a U.S. bankruptcy court which will allow for $14.5 billion to $16.3 billion for distribution to creditors, the company said in a statement on Tuesday.

Robinhood has joined the list of several other crypto firms, that have had to face the SEC. The SEC has alleged that Robinhood’s crypto unit has violated the securities law in the US.

Bitcoin took fifteen years to hit a billion transactions on May 5 at block number 842,241. As of Tuesday, May 7, the total number of BTC transactions stand at 1,000,701,505.

A lawsuit has been filed against Coinbase by a group of six of its customers, claiming that Coinbase has been a part of a shadowy crypto ecosystem operating just outside of the law since formed over 10 years ago.

David Palmer, the lead of Blockchain initiatives at Vodafone has hinted about the company’s Web3 plans during a recent interview. Palmer hinted that blockchain networks, crypto wallets, smartphones, and SIM cards may all come together for a big Web3 twist to Vodafone’s services around the world.

Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money to work.

The overall crypto market cap rose by 1.14 percent in the last 24 hours. Bitcoin clocked a minor gain on Monday and was joined by Binance Coin, Ripple, Dogecoin, and Cardano on the profit-making side of the crypto chart.

To complete a pure P2P crypto transaction, one party enters the wallet details of the other one and processes the transaction. In order to simplify this process even further alongside adding a layer of security to these transactions – crypto exchanges came into the picture.

In the last 24 hours, the overall valuation of the crypto market went up by 3.46 percent. Bitcoin and Ether, both recorded losses on Friday, May 3. On the contrary, majority altcoins recorded minor but notable gains.

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

Authorities in the US have reportedly identified compliance violations from Jack Dorsey’s Block firm. Among other allegations, the probing officers have alleged that Block had been processing multiple crypto transactions even from nations that are part of the US’ sanctions list.

The concept of SocialFi is to bridge the gap that exists between existing social networking platforms and Web3. It gives users more control over their content, more freedom of speech, and also lets them monetise their content.

Bitget crypto exchange and Alchemy Pay have entered a collaboration. The aim is to make crypto buying on international exchanges more accessible in India while also diversifying the number of platforms to do so for the nationals.

The CEO of cryptocurrency exchange Binance on Tuesday accused Nigeria of setting a dangerous precedent after its executives were invited to the African country and then detained as part of a crackdown on crypto.

The overall crypto market cap slipped by 0.76 percent in the last 24 hours. Bitcoin and Ether saw losses on Wednesday, May 8. Solana, Ripple, Dogecoin are among other popular cryptocurrencies that recorded price dips in the last 24 hours.

Crypto exchange FTX filed an amended reorganization plan with a U.S. bankruptcy court which will allow for $14.5 billion to $16.3 billion for distribution to creditors, the company said in a statement on Tuesday.

Robinhood has joined the list of several other crypto firms, that have had to face the SEC. The SEC has alleged that Robinhood’s crypto unit has violated the securities law in the US.

Bitcoin took fifteen years to hit a billion transactions on May 5 at block number 842,241. As of Tuesday, May 7, the total number of BTC transactions stand at 1,000,701,505.

A lawsuit has been filed against Coinbase by a group of six of its customers, claiming that Coinbase has been a part of a shadowy crypto ecosystem operating just outside of the law since formed over 10 years ago.

David Palmer, the lead of Blockchain initiatives at Vodafone has hinted about the company’s Web3 plans during a recent interview. Palmer hinted that blockchain networks, crypto wallets, smartphones, and SIM cards may all come together for a big Web3 twist to Vodafone’s services around the world.

Crypto startups are putting valuations in the fast lane with an aggressive form of fundraising that reflects the digital-asset industry’s recovery as well as a desire among venture funds to put money to work.

The overall crypto market cap rose by 1.14 percent in the last 24 hours. Bitcoin clocked a minor gain on Monday and was joined by Binance Coin, Ripple, Dogecoin, and Cardano on the profit-making side of the crypto chart.

To complete a pure P2P crypto transaction, one party enters the wallet details of the other one and processes the transaction. In order to simplify this process even further alongside adding a layer of security to these transactions – crypto exchanges came into the picture.

In the last 24 hours, the overall valuation of the crypto market went up by 3.46 percent. Bitcoin and Ether, both recorded losses on Friday, May 3. On the contrary, majority altcoins recorded minor but notable gains.

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app "scam".

Authorities in the US have reportedly identified compliance violations from Jack Dorsey’s Block firm. Among other allegations, the probing officers have alleged that Block had been processing multiple crypto transactions even from nations that are part of the US’ sanctions list.