Day: December 1, 2023

Ethereum’s Eco-Friendly Leap: From Honduras’ Emissions to Sustainable Blockchain

A recent University of Cambridge study has highlighted a significant environmental milestone for Ethereum, the blockchain platform hosting the world’s second-largest cryptocurrency, ether. Before its major software upgrade in September 2022, known as the “Merge,” Ethereum’s greenhouse gas emissions were comparable to the annual emissions of Honduras. However, post-upgrade, Ethereum has achieved a remarkable reduction […]

US Stablecoin Market: A Year of Triumph Amidst Regulatory Focus

The stablecoin market in the United States is ending the year with a mixed yet ultimately positive note, despite the broader challenges in the crypto sector. While the industry faced significant upheavals with key figures like Sam Bankman-Fried of FTX and Changpeng Zhao of Binance facing legal scrutiny, stablecoin providers have had a relatively successful […]

Bitcoin’s Surge Propels Crypto Stocks to New Heights in December

The cryptocurrency market has started December on a high note, with crypto stocks experiencing a significant uptick. This surge aligns with Bitcoin, the world’s leading cryptocurrency, reaching a near 19-month high, signaling a robust improvement in risk appetite among investors. As of December 1, Bitcoin has seen an increase of 1.6%, reaching a value of […]

SEBA Bank AG Transforms into AMINA Bank AG, Embarking on a New Chapter in Crypto Banking

SEBA Bank AG, a Swiss-based crypto firm, has announced its rebranding to AMINA Bank AG. This rebranding symbolizes a new chapter for the company, with the name AMINA being derived from the term “transamination,” which signifies the transference of one compound to another. This metaphor reflects the company’s evolution and its forward-thinking approach in the […]

Xmas Game Fest: A Web3 Winter Wonderland

As the Christmas season approaches, the crypto community is buzzing with excitement for the upcoming Xmas Game Fest, a crypto gaming event set to elevate the festive spirit. This festival, resulting from a collaboration between AtomicHub, Wombat, and Intraverse, promises to be a game-changer in the world of Web3 and NFT gaming. Intraverse, the cornerstone […]

Sequence Builder Makes Blockchain Gaming Easier

Sequence, developed by Horizon Blockchain Games, emerges as a groundbreaking tool, promising to radically simplify the integration of blockchain elements, like NFTs, into video games. Backed by significant funding from giants like Ubisoft and Take-Two Interactive, Horizon’s latest endeavor, Sequence Builder, serves as a comprehensive dashboard for game developers. Its launch signals a significant stride […]

IRS’s Crypto Proposal: Impact on Privacy and Innovation

The U.S. Internal Revenue Service’s (IRS) proposed amendment under Section 6045 of the tax code could significantly impact the cryptocurrency industry. This initiative seeks to redefine “brokers” to include a broad range of crypto-service providers, such as decentralized exchanges (DEXs) and wallet providers. This change, set to begin in 2025, would require these entities to […]

Binance’s Crypto Triparty Deal: A Leap Forward for Institutional Trading

Binance has achieved a groundbreaking milestone in the crypto industry by launching the world’s first cryptocurrency triparty agreement. This innovative arrangement, although with an undisclosed banking partner, marks a significant advancement, mirroring traditional financial systems and catering primarily to the needs of institutional investors. Institutional investors have long been cautious of the inherent counterparty risks […]