Upbit, the prominent cryptocurrency exchange in South Korea, has temporarily halted deposits and withdrawals worth over 1 million Korean won (KRW). This decision came after Upbit established a new partnership with Ten&Ten, a virtual asset service provider (VASP), which previously facilitated large transactions. As a result, big-value crypto transfers on Upbit are currently restricted. Upbit … Read more
CoinList, an online marketplace for buying and selling cryptocurrencies, has made some significant enhancements to its services. Following the resolution of any underlying technical issues and bugs, the team unveiled an extensive overhaul aimed at enhancing users’ experience when dealing with digital currencies. Reimagined Karma System: Rewarding Community Engagement One significant improvement is a revamped … Read more
A crypto expert named Crypto Banter has shared his thoughts on whether it’s advisable to purchase alternative cryptocurrencies (altcoins) currently. Notably, the analyst cautioned against buying altcoins that bounced back swiftly after a market downturn, such as the one witnessed during the weekend. In simpler terms, the expert advised considering other options instead of rushing … Read more
In the constantly changing cryptocurrency market, Bitcoin and top altcoins like MATIC (the token of Polygon) have faced increased instability in recent times. Even MATIC has felt the brunt of this market turbulence, with a nearly 2% decrease in value over the past day. Based on current figures, MATIC is priced at $0.69 – a … Read more
In the past few weeks, the value of the cryptocurrency market has stayed above $2 trillion, primarily driven by Bitcoin (BTC), which holds a dominance of approximately 55.65%. As we approach the upcoming fourth Bitcoin halving within the next few days, crypto markets are anticipated to experience heightened volatility. Additionally, there’s an expectation that investors … Read more
The beta edition of Metable’s educational metaverse, which runs on blockchain technology, is now live and available for use. On the Polygon (MATIC) blockchain, Metable was built as a tool for creating and overseeing digital educational institutions. Users can generate income by instructing others on this platform. The Beta Launch Introducing the beta version of … Read more
At the ongoing Blockchain Life 2024 conference in Dubai, UAE, an unexpected problem arose when heavy floods hit the country extensively. At the Blockchain Life 2024 conference, more than 8,000 people are expected to attend from around the world. This event is significant for those involved in Web3, cryptocurrencies, and mining. It provides a platform … Read more
Coinbase Global Inc (NASDAQ: COIN), a well-known cryptocurrency exchange, made an announcement via X platform that they are integrating Solana Decentralized Exchange (DEX) into their system, allowing users to trade tokens from the Solana Program Library (SPL) on Coinbase Wallet. Beyond Coinbase, Solana SPL Tokens Receive Mass Support On the Solana blockchain, SOL serves as … Read more
Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced a new bill on stablecoins today, named the Lummis-Gillibrand Payment Stablecoin Act. The main goal of this legislation is to require stablecoin issuers to ensure their tokens are fully collateralized. In other words, the reserves backing these tokens must be equivalent in value to one dollar … Read more
The Central Bank of Korea has announced plans to accelerate its Central Bank Digital Currency (CBDC) initiative and conduct a trial run of the digital Korean currency (KRW) involving around 100,000 citizens this year. As stated in recent reports, the primary goal is to evaluate functionality and deposits as the project progresses further. South Korea … Read more