Day: January 3, 2024

Revolutionizing Lending: Stablecoins & Blockchain

The lending market is undergoing a significant transformation, moving away from a traditional, bank-centric framework towards a more diverse and technologically advanced ecosystem. This shift, accelerated since the Global Financial Crisis (GFC), is reshaping the landscape of capital aggregation and distribution. However, the current market structure still encounters considerable friction. Integrating blockchain into the existing […]

How Chainlink’s Real World Assets Integration Propelled LINK to Soar by 164% in 2023

In 2023, Chainlink’s token LINK experienced a significant rise in value, soaring by 164%, outperforming many other cryptocurrencies. This surge was propelled by the platform’s deepening engagement with Real World Assets (RWAs), even though this wasn’t a new development for Chainlink. What set 2023 apart was the heightened adoption of RWAs and Chainlink’s strategic positioning […]

Taiwan Contemplates World’s First Presidential Inauguration NFT, Says Former Premier

Taiwan is considering a novel approach to commemorating the inauguration of its next president. Former Premier Sean Chen has proposed that instead of issuing a traditional commemorative coin, the new president should release a non-fungible token (NFT) when they take office in May. The idea comes ahead of the January 13 presidential election, where voters […]

Polygon’s NFT Market Flourishes with Record Sales in December 2023, Signaling Strong Year-End Momentum

In December 2023, the Polygon network experienced a surge in NFT sales, hitting its peak in 10 months. This resurgence marked a strong finish for the year, contrasting with the relatively subdued performance observed for most of 2023. This boost in Polygon’s NFT ecosystem was particularly noteworthy in the context of the overall market trends […]

Nonexistent CEO at Center of Collapsed Hyperverse Crypto Fund Scandal

Recently, it was uncovered that the chief executive officer of the collapsed crypto fund Hyperverse, Steven Reece Lewis, may not actually exist. Lewis, who was introduced with an impressive list of qualifications and achievements, appears to be untraceable. No records of him can be found at the University of Leeds or the University of Cambridge, […]

Michael Saylor Initiates $216 Million MicroStrategy Share Sale to Fund Personal Bitcoin Investment

Michael Saylor, the Executive Chairman of MicroStrategy, has initiated the process of selling $216 million worth of company shares, as detailed in a recent filing with the U.S. Securities and Exchange Commission. This sale involves approximately 310,000 shares, which were originally granted as stock options in 2014, with an expiry in April 2024. Saylor had […]

Ping Exchange: New Trading Experience with CorePass ID

Positioned as the first Core Blockchain exchange, Ping Exchange brings an innovative approach to crypto trading, offering instant withdrawals and deposits for its native XCB and CTN currencies. CorePass ID: A Paradigm Shift in Authentication At the heart of Ping Exchange’s uniqueness is its integration of CorePass ID for user authentication. This advanced system, rooted […]

Grayscale’s ETF Plans: A Strategic Play or Regulatory Dance?

Grayscale, a heavyweight in the cryptocurrency asset management sphere, recently took a somewhat unorthodox step in its pursuit of a Bitcoin exchange-traded fund (ETF). In its latest amendment to the United States Securities Exchange Commission (SEC), Grayscale omitted a crucial component: the details of its authorized participants, who play a pivotal role in creating and […]