The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers financial tools and services traditionally unavailable to people in these…
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SEC Hits Flyfish Club With Charges for Unregistered NFT Offering
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay…
XRP Price Eyes Critical Upside Break: Is a Surge Imminent?
XRP price is still facing many hurdles near $0.600. The price is consolidating gains and might aim for a clear move above $0.5920 and $0.600. XRP price remained supported near the $0.5620 zone. The price is now trading below $0.5850…
Triple Bottom Formation: Is Ethereum Set For Major Upswing In Q4?
The cryptocurrency market, led by the largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH), surged on Tuesday to levels not seen in over a month in anticipation of the Federal Reserve’s (Fed) imminent announcement of its first interest rate cut since…
Samourai Developers Appear Together In Court For First Time At Status Conference
Today, Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill appeared together in court in the Southern District of New York for a status conference. I attended the status conference for the #Samourai case today on behalf of @BitcoinMagazine. Here’s…
Key Battleground State Pennsylvania Hosts Day Five of the America Loves Crypto Tour
On a cool autumn evening in Philadelphia, PA, more than just crypto bros showed up in The City of Brotherly Love to show their support for Bitcoin and crypto on the fifth stop on the America Loves Crypto tour. A…
Prediction Market Limitless Raises $3M in Pre-Seed Round Led by 1confirmation
Lisbon, Portugal, September 17th, 2024, Chainwire Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $3M was raised in a round led by prominent venture capital firm 1confirmation.…
Sui to Launch Circle’s Native USDC and CCTP
Singapore, Singapore, September 17th, 2024, Chainwire Announcement marks the first blockchain based on the Move programming language to support these protocols Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, has announced the upcoming native launches of…
Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative…
Memebet Token GambleFi Presale Enjoys Successful First Week, Could it Give 500x Gains Like Rollbit?
A new meme coin is catching investors’ attention this week. Memebet (MEMEBET) is putting a crypto twist on online gambling, aiming to combine the popularity of meme coins with the buzz of digital casinos. And with nearly $250,000 raised in…