Author: e_cash_top
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London tops crypto hub rankings with 2nd highest number of crypto companies in the world
[ad_1] London, Dubai and New York have been ranked as the top 3 crypto hubs, with over 800 crypto-based companies active in the UK’s most populous city. Recap’s annual list of top crypto hub cities for 2023 looks at key metrics like tax status, quality of life index, and the overall number of crypto companies and…
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Indian retail giant to accept CBDC payments for goods
[ad_1] India’s largest retail chain Reliance Retail has begun accepting payments in the country’s Central Bank Digital Currency (CBDC), TechCrunch reported. According to the report, Reliance Retail already rolled out the Digital Rupee support at its gourmet store chain Freshpik and intends to roll it out to its other divisions in the coming days Reliance…
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Bears take control as Bitcoin dips to $23,500
[ad_1] The cryptocurrency market cap saw a net outflow of around $10 billion over the last 24 hours and currently stands at $1.08 trillion — down 0.86% from $1.09 trillion. Over the reporting period, Bitcoin and Ethereum’s market cap fell 1.32% and 1.51% to $453.27 billion and $201.57 billion, respectively. The top 10 crypto assets…
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CFTC commits to regulating crypto products that are not securities
[ad_1] The U.S. Commodity Futures Trading Commission (CFTC) committed to regulating crypto tokens not classified as securities during a conference on Feb. 3. CFTC chairman Rostin Behnam explained the regulator’s stance during the ABA Business Law Section Derivatives & Futures Law Committee Winter Meeting. There, Benham said that there is more room for crypto regulation.…
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Arweave spikes 9% as transaction count records all-time high in January
[ad_1] Arweave posted a 9% gain over the last 24 hours to $11.52, marking a 12-week high. The price spike was accompanied by a tweet from Arweave co-founder and CEO Sam Williams, who said the chain had experienced its highest-ever monthly transaction count in January. The tweet included a chart showing the number of transactions…
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Binance signs MoU to deliver cryptocurrency infrastructure in Georgia
[ad_1] Binance signed a Memorandum of Understanding (MoU) with the Georgian Agency for Innovation and Technology (GITA). The agreement will see collaboration with “large scale” educational and community blockchain initiatives, including help with developing Georgia’s cryptocurrency industry. Binance Regional Director Vladimir Smerkis said the people of Georgia had demonstrated a sustained interest in cryptocurrency. Further,…
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Bitcoin drops to $23,250 on significantly higher-than-expected US payroll data
[ad_1] The U.S. Bureau of Labor Statistics (BLS) released nonfarm payroll data showing 517,000 jobs were added in January, marking a significantly higher-than-expected increase. Economists had forecast 185,000 nonfarm jobs to be added for the month, fewer than December’s actual 223,000 jobs added. As an initial response, Bitcoin recorded a 1.1% swing to the downside,…
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Bitcoin wallet cracking competition unbeaten as seed words revealed
[ad_1] Wallet provider, Wasabi Wallet, launched an educational Bitcoin competition on Jan. 23, asking people to ‘crack’ the seed phrase of a wallet loaded with over 4 million Sats. The project, titled ‘Hunting Sats,’ is backed by Swan Bitcoin, Trezor, Blockstream, and several other respected companies in the Bitcoin space. First, a Bitcoin wallet was…
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Bitcoin taps $24,000 for the first time since August 2022
[ad_1] Bitcoin reached $24,260 during the morning of February 02 (UTC) – marking a 24-week high. Similarly, the total crypto market cap touched $1,098.4 billion, a 24-week high. Approximately five hours earlier, the Federal Open Market Committee (FOMC) meeting concluded, announcing a 25 basis point rate hike in line with market expectations. Expectations are that…
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W3E announces a new series of Web3 Esport tournaments
[ad_1] W3E, the Web3 esports organizer that hosted the world’s first live Web3 esports tournament at Istanbul Blockchain Week 2022, recently announced a series of three tournaments, W3E Creator Championships, W3E Company Clash and W3E Premier League, to keep up the excitement around Web3 esports. The three tournaments will take place in the futuristic arena…