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Siam Commercial Bank (SCB) has teamed up with SCB 10X to launch the first cross-border payment using stablecoins in Thailand. The new solution, created together with Lightnet, is to provide a simple and fast cross-border payment solution using stablecoins and public blockchain. Thailand Bank SCB Unveils New Stablecoin Remittance In a press release sent to…
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A recent accumulation phase in Bitcoin has seen 1.97 million coins transferred by Bitcoin whales. They transferred coins to newly created large-scale wallets, a surefire indication of a major shift in investor sentiment. This accumulation phase comes after a peak in long-term holders, which points to a shift in the behavior of the market participants…
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Chainlink’s price action has been choppy over the past week and month, but the broader trend for October shows promise, with LINK climbing from $10.60 to $11.13 – a gain of nearly 4%. Some analysts are projecting Chainlink could break above $12 by early November. Looking further out, price forecasts suggest LINK may trade in…
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A new lawsuit filed by video game developer FractureLabs centers on high-frequency trading giant Jump Trading. The lawsuit accuses the firm of “fraud and deceit” regarding the sales of DIO tokens. This lawsuit is one of the high-profile legal battles in the industry over the past few weeks. The Alleged Jump Trading Fraud According to…
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Russia has been steadily moving towards full regulation of its crypto mining industry, as government officials and industry leaders met at the first forum of the Industrial Mining Association (IMA) in Moscow. The event, which happened on October 14, involved 70% of Russia’s crypto mining farms, showing that the country is increasingly interested in the…
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With the crypto market again buzzing, there are questions about whether the Ethereum price can reach $5,000 this year, a price level that would mark a new all-time high for the crypto. However, ETH reaching $5,000 depends on some factors, which will be explored in this article. Will Ethereum Price Reach $5,000 This Year From…
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Toncoin (TON) experienced a slight 0.2% dip during Wednesday’s U.S. trading session, settling at $5.2. This minor pullback creates a neutral daily candle, continuing the consolidation pattern that has persisted since early October. However, with increasing USDT activity on the TON network and bullish technical signals, Toncoin appears poised for a potential breakout to $8.…
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Shiba Inu (SHIB) price is showing strong upward momentum, with recent gains fueling optimism in the market. The popular meme cryptocurrency is seeing increased attention as it trades within a bullish trend, signaling potential for further growth. After a recent breakout, the SHIB could see a significant surge, possibly doubling its value if current trends…
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The Trump family’s token project, World Liberty Financial, debuted in a very weak fashion on its first day, reaching just 4% of its $20 billion sales target while the website itself – crashed. Amidst all the fanfare and a promotional drive led by Donald Trump, sales have netted close to $11 million since it launched…
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Zodia Custody, a leading digital asset custodian backed by Standard Chartered, has launched its latest product, Unified Wallets today. The product focuses on boosting operational efficiency for institutional clients. Notably, this move comes as the firm partners with Galaxy Digital to expand its custody solutions. Meanwhile, the new wallet feature allows institutions to pool assets…