Crypto Charity Elongate Donates $25,000 to Malala Fund

Cryptocurrency-driven Charity organisation Elongate announced Friday to donate $25,000 to Malala Fund as a seed funding. Elongate released a statement, saying the donation will be the first-round seed of donations to the fund. Elongate is a cryptocurrency token on the Binance Smart Chain. About 10% of transaction fee rewards holders donate significant sums to charity … Continue reading Crypto Charity Elongate Donates $25,000 to Malala Fund

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Bitcoin (BTC) is back to winning ways because it breached the psychological price of $50,000, a fate not seen since September 7. The leading cryptocurrency was up by 21.15% in the last seven days to hit $51,426 during intraday trading, according to CoinMarketCap. Institutional investors continue to show their confidence in Bitcoin based on their … Continue reading Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

London-Based Fabric Ventures to Close Funding for Two New Web3 Funds

As it is becoming a trend in the Web3.0 ecosystem nowadays, Fabric Ventures, a London-based venture capital firm, is on track to close two new Web3.0 funds that will focus exclusively on the “Open Economy.” As confirmed by Richard Muirhead, the company’s Managing Partner, the two funds will be worth as much as €225 million … Continue reading London-Based Fabric Ventures to Close Funding for Two New Web3 Funds

Bitcoin ATM Installations Plunge in May, CoinRadar Data Shows

The ongoing ‘crypto winter’ is now reflected in the number of Bitcoin Automated Teller Machine (ATM) installations across the globe. While there has been a growing decline in these ATM installations in the year-to-date period, CoinATM Radar data shows that May saw the biggest plunge for the year with 202 Bitcoin ATM installations, the lowest … Continue reading Bitcoin ATM Installations Plunge in May, CoinRadar Data Shows

Australia's Crypto King Schebesta Sold $6.5m Penthouse to Buy Bitcoins

Fred Schebesta, the co-founder of comparison website Finder, among the wealthiest people globally, has put his $6.5 million penthouse on the market to purchase more Bitcoins as crypto prices continue to trade low.   The tech tycoon told the Daily Telegraph reported on Sunday, July 24, that the right time has come for Schebesta to … Continue reading Australia's Crypto King Schebesta Sold $6.5m Penthouse to Buy Bitcoins

Cloned Bored Ape NFT Emerges through Google AI Technology

Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection has been cloned using an Artificial Intelligence (AI) technology. The new collection, dubbed the Antsy Monke, was generated using Google’s collaborative Notebook platform Colab and combined with their powerful Cloud Computing service. The Artsy Monke collection has its own unique theme, and it was built upon … Continue reading Cloned Bored Ape NFT Emerges through Google AI Technology

Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug

General Bytes, the world’s top three manufactuer of cryptocurrency ATMs, has confirmed that its ATMs have been hacked using a zero-day vulnerability in server ports to steal cryptocurrencies from customers. General Bytes operates over 8,000 Bitcoin ATMs in more than 120 countries and regions to allow people to buy or sell over 40 different cryptocurrencies. The company … Continue reading Hackers Steal Cryptos from General Bytes Bitcoin ATM via Zero-day Bug

Big Names Enter Metaverse

Since JP Morgan has purchased virtual land in Decentral Land, more and more financial institutions have gradually entered the Web 3.0 market, such as HSBC has brought land size 3 x3 lands in Sandbox, Hang Seng Bank, Standard Chartered Bank, the Ocean Park and MTR. South China Morning Post has built up its Central Pier … Continue reading Big Names Enter Metaverse

Crypto Adoption Grows among Asian Countries, Says Chainalysis Report

Countries in the Central & Southern Asia and Oceania (CSAO) region received more than $900 billion in crypto value from July 2021 to June 2022, according to Chainalysis released on Wednesday. The report about cryptocurrency growth and adoption made CSAO region the third largest cryptocurrency market in the world. The report further identified CSAO as the … Continue reading Crypto Adoption Grows among Asian Countries, Says Chainalysis Report

Crypto Adoption in Sub-Saharan Africa Rises, Study Shows

Crypto usage in Sub-Saharan Africa is becoming mainstream rather than speculation, according to a report by blockchain analytic firm Chainalysis. The report dubbed “How Cryptocurrency Meets Residents’ Economic Needs in Sub-Saharan Africa,” disclosed that the number of small retail transfers has surged, despite the bear market occurring in May. On the other hand, transfers of … Continue reading Crypto Adoption in Sub-Saharan Africa Rises, Study Shows

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