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Elon Musk’s X is reportedly seeking a second chance to resume its services in Brazil, sparking discussions in the broader tech sector. According to sources with knowledge of the matter, the social media platform has requested the Supreme Court of Brazil to allow resume its services in the region. Notably, Elon Musk has recently been…
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Leverage Shares, a pioneering Exchange Traded Product (ETP) issuer, has chosen to expand its offerings to include MicroStrategy ETF 3X Leverage ETF. Noteworthy, the firm is interested in both the long and short version of the product. Leverage Shares Takes a Leap With MSTR The two products which went live on the London Stock Exchange…
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POL Token Surges 5% Following Polygon’s Ahmedabad Upgrade The native token of Polygon, POL, saw a 5% price increase after the network implemented its Ahmedabad upgrade for the Proof-of-Stake (PoS) mainnet. This update aims to enhance the experience for both developers and users, potentially driving increased adoption of the network. Ahmedabad Upgrade Introduces Key Improvements…
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Decentralized protocol, Onyx is facing a major breach as bad actors drained $3.2 million sparking user fears. This adds to the recent cases of hacking activities in the crypto market as global authorities ramp up scrutiny. Some commentators say the infamous trend will dampen sentiment amid rising institutional investment. Onyx Hack Losses Hit $3M OnyxDAO…
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Crypto exchange Binance has expanded trading support for the Telegram-based play-to-earn game Hamster Kombat, generating excitement across the crypto market. The leading exchange announced it would add the HMSTR token to several of its products including Earn, Buy Crypto, Convert, and Margin trading. Meanwhile, HMSTR also launched for trading on other global crypto exchanges today.…
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With the anticipated launch of Ripple’s stablecoin RLUSD, the XRP community is coming up with wild speculations. One such speculation was a community member noting that the XRP price would hit $1M if an XRP drop is worth $1. This conjecture was built on XRP developer Vet’s sarcastic comment that 1 RLUSD is worth $1. …
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DOGE News: Market sentiments orbiting Dogecoin (DOGE) price appear to have taken a paradigm shift on Thursday, turning bullish against the backdrop of on-chain data and Elon Musk’s comments. Crypto market analyst Ali Martinez revealed that Dogecoin whale accumulations soared remarkably in recent days as over 1.40 billion tokens were sacked. Simultaneously, the dog-themed crypto’s…
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Ethena Labs Unveils UStb Stablecoin Backed by BlackRock and Securitize Ethena Labs announced on Thursday the launch of UStb, a new stablecoin fully collateralized by BlackRock’s BUIDL fund in partnership with Securitize. This offering will exist alongside their existing USDe stablecoin as a separate product with a distinct risk profile. The company revealed on X…
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Dogecoin price is at a crucial point with a potential breakout in the works. The crypto markets have been recovering steadily of late, and Dogecoin and Shiba Inu coin prices show the highest gains in the top 20, according to Coingecko. But why are these two meme coins rising? Could they be signalling the beginning…
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Pavel Durov’s social media platform is the new center of controversy, leading to the Telegram wallet ban in the UK. It happened weeks after the French authorities charged the Telegram CEO with 12 criminal charges, including the failure to control the spread of illegal content on the platform. After this arrest, the platform implemented many…