Myanmar’s shadow government, the National Unity Government (NUG), made up of ousted leader Aung San Suu Kyi’s supporters has recognized stablecoin tether (USDT) as its official currency, according to a Bloomberg report on Monday. NUG’s […]
Analysts at finance news giant Bloomberg have eyed deflationary crypto assets such as Ethereum as maintaining bullish momentum throughout the upcoming year. Crypto markets are currently still in retreat and have now declined 23% from […]
Crypto tracing firm Chainalysis said it will provide data and compliance tools to Robinhood’s online crypto trading service, Robinhood Crypto. Chainalysis said Robinhood (Nasdaq: HOOD) will use the software to meet compliance requirements and help […]
GameFi is one of the hottest new trends to emerge from the crypto industry, combining decentralized finance (DeFi) and non-fungible tokens (NFTs) with blockchain-based online games. Unlike many traditional online games, which operate on a […]
Scott Conger, the mayor of Jackson, Tennessee, has become the latest to support the concept of implementing provisions that allow citizens to receive portions of their retirement funds in crypto. On Dec. 12, Jackson Mayor […]
The crypto market is mostly flat today, with most top 100 coins moving in the range of +/- 3%. We cover the exceptions in this article. Top cryptos In the top 10, Binance Coin […]
It relied on smart contracts to execute crypto-to-crypto trades, and later branched out to include lending, staking, and non-fungible token (NFT) services. Developers further expanded Sushi’s capabilities to include nearly 24 other blockchains and layer […]
SK Telecom is owned by SK Group, one of South Korea’s largest companies. The metaverse requirement stands in contrast to the traditional investments made by the country’s conglomerates, which tend to be focus on industries […]
Cryptocurrency exchange AscendEX suffered a hack for an estimated $77 million following a breach of one its hot wallets. On Sunday, AscendEX announced via Twitter that it had identified a number of unauthorized transactions from […]
Bitcoin (BTC) initiated a strong bounce on Dec 5 but has failed to decisively move above the $50,000 area. Short-term signals suggest it could do so in the near future. Bitcoin has a relatively neutral […]
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