Tether expands into oil trading with $45M transaction
Completed in October 2024, the deal facilitated the transport of 670,000 barrels of crude oil and marked Tether’s entry into the commodity trading market.
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Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price
The two most traded nonfungible token collections vie for the top spot in sales with BAYC in the lead, according to OpenSea. 1984 Total views 26 Total shares The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69…

Bitcoin price retains 8% gains as attention switches to Ethereum comeback
Bitcoin bulls avoid further retests of round-number levels as support as Ethereum finally wakes up.

G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye toward quickly implementing the “Travel Rule” for crypto assets. 664 Total views 3 Total shares The G7 committee recently met in Niigata, Japan to discuss, among other topics, the global financial implications for central bank digital currencies (CBDCs)…

Bitcoin exodus: OKEx users move crypto off exchange as withdrawals resume
Major cryptocurrency exchange OKEx resumed all withdrawals at 8:00 am UTC on Nov. 26, but users already appear to be pulling out their funds, fast. 4369 Total views 21 Total shares After a five-week-long suspension of all user withdrawals, cryptocurrency exchange OKEx resumed normal services at 8:00 am UTC on Nov. 26.Having announced the re-opening last week, OKEx then…

Bitcoin ATM installations slow down in early 2022, making a first in history
1,817 crypto ATMs have been installed worldwide in the first two months of 2022. Last year saw 2,435 crypto ATMs installations in the same time window. 464 Total views 4 Total shares Over the last six months, Bitcoin (BTC) recorded numerous milestones — El Salvador’s mainstream adoption, a new all-time high of $69,000 and a…

DeFi Market Cap Back Above $1 Billion After March Market Crash
The value of the tokens underpinning decentralized finance, or DeFi, protocols has again surpassed $1 billion.The milestone comes amid a spike in the proliferation of DeFi projects, with data aggregator DeFiMarketCap estimating 246 projects to be active.The combined capitalization had crashed below $1 billion amid the March crypto crash that sparked a liquidity crisis for…

Ransomware Attack Kidnaps Austrian City
An ongoing ransomware attack targets the public services infrastructure of Weiz. 1255 Total views 41 Total shares Malware team, NetWalker, launched a ransomware attack against the Austrian village of Weiz. This attack affected the public service system and leaked some of the stolen data from building applications and inspections.According to the cybersecurity firm, Panda Security,…

What does generative AI mean for Web3?
For decades, artificial intelligence (AI) has been a laymen’s lingo. Current technological breakthroughs and advancements have created a surge of interest in a specific type of AI known as generative AI. With its unprecedented ability to generate new and distinctive content that aids human creativity, generative AI revolves around analysis, automation and generation of content. …