Bitwave Acquires Gilded to Expand Crypto Payment Solutions

Bitwave, a cryptocurrency solutions provider, has acquired Gilded, a payments and accounting platform. Gilded was established in 2018 and has over 130 enterprise clients, including mining companies, non-fungible token exchanges, decentralized autonomous organizations, and accountancy firms. Ken Gaulter, chief technology officer of Gilded, will join Bitwave’s technical team as a result of the acquisition. The […]

Visa Embraces Solana for Blockchain-Based Payments

Visa, a global financial services giant, has recently embraced Solana (SOL), a blockchain-based altcoin, due to its standout qualities in payments. Solana stands out from Bitcoin and Ethereum with its low and consistently predictable transaction fees, often below the $0.001 mark. It also boasts impressive transaction processing capabilities and a resilient node infrastructure.Visa has extended […]

InQubeta and Shiba Inu: Two Promising Crypto Projects to Watch for AI and Blockchain Innovation

InQubeta ($QUBE) and Shiba Inu ($SHIB) are two of the most talked-about projects in the cryptocurrency space. InQubeta is a unique investment model that seeks to revolutionize the way AI startups are funded and supported, with the goal of becoming one of the top 50 cryptocurrencies by 2024. The project’s innovative investment approach has garnered […]

Lido, Neutron and Axelar Collaborate to Bring Liquid Staking to Cosmos Ecosystem

Neutron and Axelar have been selected by Lido, the leading liquid staking provider, as the preferred technology bridging partners to launch Lido’s wrapped liquid staked ETH (wstETH) on Cosmos. The collaboration aims to enhance cross-chain interoperability and support the expansion of wstETH and other assets in the Cosmos ecosystem. Neutron and Axelar have each committed […]

U.S. Congressman Introduces Bill to Protect Citizens from CBDC Surveillance

Minnesota congressman Tom Emmer has reintroduced a bill that seeks to protect U.S. citizens from any possible surveillance through a Central Bank Digital Currency (CBDC). The CBDC Anti-Surveillance State Act aims to protect users from monitoring and tracking by government authorities and uphold financial privacy rights. The bill does not prevent the federal government from […]

SEC Enforcement Regime Could Target Crypto Wallets and Tradfi Firms

The Securities and Exchange Commission (SEC) is likely to target crypto wallets and trading firms in its enforcement regime, according to lawyers from Troutman Pepper. The SEC has been increasingly active in the cryptocurrency space, with the agency recently filing charges against Ripple Labs and its executives for allegedly selling unregistered securities.The SEC has also […]

CoinEx Exchange Suffers Suspicious Withdrawals, Investigation Underway

On September 12, 2023, Cyvers Alerts posted a tweet regarding suspicious withdrawals on CoinEx Exchange. Crypto assets including ETH, TRON, MATIC, and more from CoinEx’s hot wallets were transferred to unknown addresses, raising suspicions of a potential hack.The CoinEx team responded to the incident on Twitter at 17:38 the same day. According to the official […]

Binance.US Faces Regulatory Challenges and Staff Reductions

Binance.US, the American arm of the crypto giant, has recently experienced a significant reduction in its workforce. This downsizing comes shortly after the main company experienced the departures of its top executives due to layoffs and resignations. The company’s president, Brian Shroder, resigned and laid off over 100 employees, constituting one-third of the company’s staff. […]

Premia Blue Launches DeFi Options Exchange on Arbitrum, Offers 50% Commission Back on Referrals

Premia Blue, the first-of-its-kind DeFi options exchange, is now live on Arbitrum. It is designed for traders and liquidity providers of all experience levels, offering unparalleled capital efficiency, user functionality and composability in the DeFi space. Traders can access fully customizable European-style crypto options with market-driven pricing and dual trading modes – AMM and Orderbook. […]

August CPI Report Shows Hotter Inflation, Bond Yields and Crypto Market React

The latest Consumer Price Index (CPI) report from the Bureau of Labor Statistics showed a 3.7% year-over-year (YoY) increase in August, a pickup from the 3.2% increase in July. Rising energy prices largely fueled the uptick, with prices rising 0.3% even when stripping out the volatile food and energy categories. Markets reacted to the report […]