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South Korea’s largest commercial banks exploring security token platforms

0xMain
June 15, 2023

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NongHyup Bank revealed that the leading banks in South Korea, including Industrial Bank of Korea, Shinhan Bank, and Woori Bank, have joined its consortium for security token offerings. The consortium has also witnessed the participation of other financial technology companies such as Funble,...

BlackRock nears bitcoin ETF filing, partnering with Coinbase custody

0xMain
June 15, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BlackRock, the asset management company with a staggering $9 trillion under its control, is said to be on the verge of applying to a bitcoin exchange-traded fund (ETF). Insider...

Celsius users will be allowed to swap altcoins for BTC and ETH

0xMain
June 15, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent court filing, the Celsius Network has announced plans to facilitate the conversion of all altcoins into bitcoin and ethereum starting from July 1, 2023. In an...

Trader sentiment falls to a three-year low

0xMain
June 15, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amidst the United States’ crackdown on cryptocurrencies, bitcoin, and other cryptos have experienced a significant price decline. A report from Santiment, an analytics company, stated that investor sentiment is...

AI goes mainstream, billions will be poured through InQubeta and QUBE

0xMain
June 15, 2023

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Artificial Intelligence (AI) has progressed from science fiction to an innovative reality over recent years. Ideas such as self-driven automobiles that seemed scientifically impossible are now being developed. Numerous technology experts have predicted that AI will continue to gain mass adoption and be...

Binance goes for bitcoin cloud mining despite regulatory uncertainty

0xMain
June 15, 2023

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Amidst stringent regulatory scrutiny in the US, Binance is diving headfirst into the crypto mining landscape with a new subscription-based cloud mining service for bitcoin. As of June 15, the company unveiled its novel cloud mining services, catering specifically to Bitcoin (BTC) mining...

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Voyager Digital set to reopen app for fund withdrawals

0xMain
June 15, 2023

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Voyager Digital, the crypto brokerage firm that filed for Chapter 11 bankruptcy almost a year ago, is preparing to reopen its app and enable customers to withdraw their funds. After a long wait, users can initiate withdrawals between June 20 and July 5....

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US Fed chair hints at two more rate hikes while crypto suffers volatility

0xMain
June 15, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Federal Reserve (Fed) chair Jerome Powell hinted at two more rate hikes expected to come this year. According to CNBC, the statement came after the Federal Open...

Cryptocurrency safe havens: digitoads, ethereum, and bitcoin

0xMain
June 15, 2023

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The long-term potential of most cryptocurrencies is difficult to assess. However, early investors in bitcoin (BTC) have benefited significantly from its growth. DigiToads is a newer cryptocurrency similar to bitcoin, including its meme appeal, play-to-earn (P2E), and non-fungible token (NFT) staking features. These...

Stablecoins are shaky as USDT shows signs of depeg

0xMain
June 15, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As the crypto market’s volatility continues, the total stablecoin market capitalization declined by 0.25% over the past 24 hours, with an average price change of 0.71%. The downward movement...