A recent research conducted by K33 has provided insights into the current state of the cryptocurrency market. According to the study, Bitcoin continues to dominate the market as the most appealing cryptocurrency. The researchers believe that the higher premiums in Bitcoin futures trading, coupled with its potential as digital gold and the upcoming launch of
Blockchain
Circle, the stablecoin issuer, has recently announced its plans to mint USD Coin (USDC) directly on the Polygon network. This move allows users and developers to access USDC on the Ethereum layer-2 scaling solution, eliminating the need for bridged USDC. As one of the largest cryptocurrencies and the second-largest stablecoin, USDC’s integration with Polygon opens
The increasing adoption of cryptocurrencies has prompted the Hong Kong government to consider implementing measures to restrict retail stablecoin trading for individual investors. Retail stablecoin trading is currently not permitted in Hong Kong, and the city has yet to establish regulations governing the trading of stablecoins such as Tether (USDT) or USD Coin (USDC). In
Ethereum’s recent surge in ether (ETH) staking, driven by the Merge and Shanghai upgrades, has brought about concerns regarding centralization and reduced staking yields, as highlighted in a report by JPMorgan. While decentralized alternatives like Lido’s liquid staking platform have emerged, the increasing centralization of Ethereum poses risks to the network’s security and decentralization ethos.
Netmarble, the South Korean video games giant, has achieved a significant breakthrough in blockchain gaming with its subsidiary’s coin, MarbleX’s MBX, set to be listed on the Japanese crypto exchange Zaif. This development marks the first instance of a South Korean gaming firm listing a token in Japan, a market that has been traditionally challenging
Japan and South Korea have long been rivals, both politically and economically. However, in recent years, Japan has shown a proactive approach to foster the crypto and Web3 sectors, which has raised concerns among South Korean crypto firms. While South Korea is looking to tighten regulations and facing a decline in investors, Japan is on
The cryptocurrency market in the East Asian region has faced significant challenges in recent years due to the China-wide ban on crypto trading activities. However, a recent report from Chainalysis suggests that Hong Kong could play a crucial role in reviving crypto activity in the region. With the adoption of crypto-friendly policies and initiatives, Hong
Crypto Whale Pumps, a Telegram group known for its highly profitable crypto trading signals, has been experiencing significant growth in popularity. With a track record of delivering impressive returns on investment, the group has garnered over 25,000 subscribers in recent weeks. This article will delve into the reasons behind Crypto Whale Pumps’ success and its
In a notable move that strengthens the Ethereum layer 2 ecosystem, Google Cloud has joined Polygon’s Proof-of-Stake (PoS) network as one of its decentralized validators. This partnership marks a significant milestone for both Google Cloud and Polygon, as it combines Google’s renowned reputation for security services with Polygon’s growing presence in the blockchain space. The
The World Federation of Exchanges (WFE) has recently shared its recommendations for the digital asset sectors amidst increasing user adoption and regulatory concerns. The exchange body emphasized the need for regulators to address the fears of users and adopt standards that benefit all stakeholders in the industry. This article examines the recommendations put forth by