Bybit, based in Singapore, along with Oracle Red Bull Racing (RBR), a team that competes in Formula One, have announced the debut of their collaborative e-sports program, called Bybit Performance Accelerator. The program aims to improve the overall performance of high-level e-athletes who participate in international tournaments. What exactly is the Bybit Performance Accelerator? … Read more
Hacking is one of the most pervasive threats to the growth and acceptance of cryptocurrency. Over the years, the sector has incurred (1) substantial losses through many vulnerabilities in crypto blockchain systems & related platforms. While there are many varieties of cyberattacks, zero-day flaws have risen to prominence as a preferred method of attack. The … Read more
The relationship between the Commodity Futures Trading Commission (CFTC) and industry professionals appears to be in stark contradiction with other US authorities, such as the SEC, which has portrayed itself in a manner that is quite unfriendly toward cryptocurrencies. In a recent announcement, the Commodities Futures Trading Commission (CFTC) named Carole House, an ex-official in … Read more
A bankruptcy counsel for BlockFi argues that the cryptocurrency lender is secure and in no imminent danger, even though Silicon Bank has been exposed as a potential risk. Christine Okike, the attorney for the troubled corporation in New Jersey, indicated that the business has adequate finances to maintain normal operations even if it is currently … Read more
According to the CME Group, the newly introduced event contracts on Bitcoin futures make it possible for a wide variety of investors to gain access to the Bitcoin market through a fully regulated exchange in a low-risk and highly transparent method. The well-known derivatives trading platform CME Group revealed on Monday, March 13, that they … Read more
Coinbase also mentioned that consumers would have the choice to cash out their existing BUSD holdings at any time of their choosing. The cryptocurrency exchange, Coinbase has made it public (1) that trading in BUSD has been halted on its platform. We have disabled trading for Binance USD (BUSD). Your BUSD funds will remain accessible … Read more
The world’s largest cryptocurrency trading platform, Binance, has temporarily put “on hold” its plans to acquire the massive cryptocurrency media outlet CoinDesk, which is a part of the Digital Currency Group (DCG). According to a report (1) that cites unnamed sources, the transaction was supposed to be carried out by Binance Capital Markets (BCM) through … Read more
The Gemini exchange has reassured its consumers that all GUSD reserves are held with respectable banks, including Fidelity. The weekend’s failure of Signature Bank & Silicon Valley Bank to remain open was detrimental to the overall state of the banking industry in the United States. On the other hand, Gemini Trust Company LLC, an experienced … Read more
In the last twenty-four hours, the price of a bitcoin has increased by 7.18%, and it is currently selling for over $25,909. Bitcoin (BTC) has managed to increase its market valuation, reaching a point where it has surpassed that of the giant tech Meta. This occurred despite the recent failure of the three ‘S’ banks. … Read more
By “allowing them to generate new forms of digital products to market,” Meta thought, Web3 would improve the economic paradigm for creators. In less than a year since introducing NFT-related capabilities, Meta Platforms Inc has stated (1) that it will discontinue support for NFTs on its Facebook and Instagram networks. CEO Stephane Kasriel tweeted the … Read more