The Winklevoss brothers’ Gemini cryptocurrency exchange is the first in Ireland to be registered by the Central Bank of Ireland as a Virtual Asset Service Provider (VASP). Additionally, the central bank granted the cryptocurrency exchange an Electronic Money Institution (EMI) license in March. Gemini Obtains an Irish License as a Virtual Asset Service … Read more
According to billionaire Mike Novogratz, Bitcoin may yet hit $500k in five years. Despite its expansion since its start, the cryptocurrency industry still has many detractors. Still, it also has plenty of enthusiastic supporters, including Mike Novogratz, the CEO of the cryptocurrency investment business Galaxy Digital. According to remarks made by Novogratz at the Bloomberg … Read more
Lido Finance plans to offer its ETH staking services over the L2 network as long as some networks have “demonstrated economic activity.” A cryptocurrency staking service provider, Lido Finance, has revealed ambitions to expand the Ethereum Layer 2 network’s support for staked Ether (stETH). In a blog post published on July 18, the Lido team … Read more
The senators did their research and found that miners make much more coal and release “substantial amounts of carbon.” Some places, like New York, want to stop proof-of-work crypto mining for two years, and others are thinking about doing the same. Democrats in Congress have asked two government agencies to do something about Bitcoin mining … Read more
Although Celsius has declared bankruptcy, legal experts believe it may take a while to satisfy customer claims. The situation is further complicated by the lack of clear legal precedents for those interested. Celsius may list some of its customers as unsecured creditors, bringing a fresh round of legal action. The likelihood of Celsius’ creditors retrieving … Read more
The cryptocurrency market is seeing modest increases, driven by Bitcoin, after a challenging first half of the year marked by a massive sell-off. A surge in capital flowing into the market emphasizes the gains. According to data from Tradingview, the total market capitalization of all cryptocurrencies was $824 billion on July 13 and $952 billion … Read more
LDO’s chances of holding its gains are improved by Ethereum 2.0’s potential September launch. A day after Lido DAO’s (LDO) primary momentum oscillator entered “overbought” area, the stock’s price experienced a sharp decline. LDO is Corrected for Overbuying LDO’s price fell from $1.32 on July 15 to as low as $1.04 on July 16, a … Read more
When other businesses face layoffs, India’s “first and only sustainable unicorn born out of India” has attracted significant capital. Following a $100 million Series A fundraising round with a $1.5 billion valuation, blockchain firm 5ire has quickly become India’s newest blockchain unicorn. According to a statement on Friday, the self-described fifth generation “sustainable” blockchain ecosystem … Read more