Prometheum labels UNI, ARB securities in custody expansion

Last week, Russian officials revealed plans to build a major financial center on an island in the Far East, which would cater to cryptocurrencies, among other things.Notably, the creation of special economic zones for crypto has been an enduring idea both in Russia — similar proposals have been previously made in regard to Crimea, a…

"The goal of xAI is to understand the true nature of the universe," the company wrote. 519 Total views 2 Total shares American business magnate Elon Musk has launched a novel company dubbed “xAI” with the goal of understanding “the true nature of the universe."According to the July 12 announcement, xAI will work closely with…

Bitcoin (BTC) starts a new week struggling to preserve support as key macro changes appear on the horizon.In what could turn out to be a crucial week for Bitcoin and altcoins’ relationship with traditional assets, the United States Federal Reserve is set to be the main talking point for hodlers.Amid an atmosphere of still rampant…

The International Monetary Fund (IMF) has published a stark prediction that the unprecedented global economic slowdown triggered by ‘the great lockdown’ will get much worse before it gets better.With Bitcoin (BTC) experiencing a record correlation with the traditional markets, the cryptocurrency needs to break away from the S&P 500 if it has any chance of…

United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb. 25, makes the crypto-supporting app one of Europe’s most valuable fintech firms.Since late 2017, Revolut’s app has enabled its users to complete transactions in cryptocurrencies…

Silicon Valley-based startup Splend, specialized in developing solutions to address blockchain scaling issues for instant crypto transactions, announced that it is partnering with Shanghai Code Center Industry, a China-based IT company, to develop the “next generation” network infrastructure for the China Cable Television Network. It is a subsidiary of China Central Television (CCTV), the largest…

Uniswap’s new UNI token has created a buzz in the DeFi world, with over 13,000 users claiming their tokens within three hours of its launch. This move was in response to SushiSwap’s decision to migrate almost $1 billion of funds from Uniswap through a “vampire mining” attack, which is the migration of an exchange’s funds/liquidity…

Pubkey, a Bitcoin bar in New York City, hosted the former US President and 2024 Republican nominee for a campaign stop on Sept. 18.

The protocol promises to eliminate complexities seen with existing interoperability solutions and requires no bridges or oracles to integrate. 233 Total views 10 Total shares Layer-1 blockchain platform Wire Network announced the launch of its blockchain interoperability protocol called Universal Polymorphic Address Protocol (UPAP).In the Web3 ecosystem, which is comparatively nascent to the larger crypto market,…