Category: Guides

[ad_1] FTX founder Sam Bankman-Fried (SBF) spoke at Hong Kong’s FinTech Week 2022 and said that Hong Kong had real potential to become the Web3 hub of Asia, as reported by Forkast News. SBF said that locations like Dubai and the Bahamas emerge as significant crypto hubs in their regions; however, the picture is much…

[ad_1] Singaporean multinational banking firm, DBS, has partnered with Open Government Product (OGP) to unveil the pilot of purpose-bound money-based vouchers.  In its Monday press release, the banking leader said issuing those vouchers would be done on a blockchain using tokenized Singapore dollars. As per reports, this will help enhance live transactions with numerous merchants.…

[ad_1] Cardano (ADA) founder Charles Hoskinson has predicted that crypto will get more adoption as the national fiat currencies of several countries start to fail. Crypto is about to get a lot of adoption as sovereign currencies fail — Charles Hoskinson (@IOHK_Charles) October 31, 2022 Hoskinson made this prediction based on the recent victory of…

[ad_1] Peter Brandt, a veteran future and FX trader, said on Oct. 30 that the Dogecoin (DOGE) spike signals the end of the bear market for the memecoin.  This is called a bear channel, the upside violation of which has ended the bear market that began at the May 2021 high $DOGE pic.twitter.com/pZT5yxMje6 — Peter…

[ad_1] Polygon has seen its price increase by 23% in the past 30 days, with MATIC spending the entire month of October in the green. After a devastating slump in June, MATIC has been on a slow and steady climb, reaching a high of $1.04 in mid-August. Community engagement, partnerships, new launches, and developer activity…

[ad_1] Ethereum has become the 50th most valuable asset in the world, surpassing Cisco, Alibaba, AstraZeneca, and T-Mobile. After almost a month of flatlining, ETH experienced a notable spike and saw its price increase to $1,560 from $1,300 in less than two days. The positive price action rose its market cap to $190 billion and…

[ad_1] The amount of staked Ethereum has increased to just over $19 billion at about 14 million ETH since the start of the year, according to a report by the trading platform Bestbrokers. While the price of Ethereum has declined around 64% during the same time, other assets such as Gold and equities are also…

[ad_1] Levan Kvirkvelia from on-chain analytics platform Cluster reached out to CryptoSlate to share his findings from analyzing over one hundred “web3 services.” Cluster, which is still in beta, analyzes data from critical blockchain services, including user retention, bot activity, and active user numbers. The platform currently supports Polygon and BNB Chain. The data from…

[ad_1] Japan Credit Bureau (JCB) said will Oct. 24 that it will commence the JCBDC pilot project to test credit-card-based settlement solutions for central bank digital currencies (CBDC) using its existing credit card infrastructure. JCB has been Japan’s only international credit card payment brand since 1981, with 146.1 million card members as of March 2022.…

[ad_1] The decentralized, permissionless cross-chain platform Axelar and USDC creator Circle have announced the Cross-Chain Transfer Protocol, which looks to revolutionize cross-chain transfers across the crypto industry. Jason Ma from Axelar stated that “we finally have real programmable money.” USDC will be able to be transferred cross-chain without the need for either wrapped tokens or assets…