Emran

Binance said it will issue a series of airdrops worth up to $100 in BNB to users located in Morocco’s highly impacted Marrakech region. Cryptocurrency exchange Binance has pledged millions of dollars in BNB BNB $212 as aid relief for those affected by the large earthquake that struck Morocco on Sept. 8, causing at least 2,000 fatalities in Marrakech alone, the country’s fourth-largest city. According to a Sept. 11 announcement, Binance will airdrop up to $3 million in BNB to users identified ...

Chainalysis’ upcoming Global Crypto Adoption Index indicates that the broader Asia region is driving grassroots cryptocurrency adoption. India, Nigeria and Thailand are ranked as the top three countries in Chainalysis’ “2023 Global Crypto Adoption Index,” with lower middle-income (LMI) nations leading the way in the grassroots adoption of cryptocurrencies. The blockchain analytics firm released an excerpt from the report showing that central and south Asia and the wider Oceania regions domina...

According to Brian Armstrong, the gap between current crypto policies and Americans needs will make cryptocurrencies a hot topic in the upcoming elections. Coinbase CEO Brian Armstrong has shared his predictions for the role crypto will play in next years' elections in the United States, claiming that representatives in Washington, D.C. do not fully understand the crypto community's voting power in the upcoming race. "I don’t think everybody in DC actually fully realizes how powerfu...

The data revealed an increase in the trading volume of AI tokens in August, reaching approximately $870 million, up from $570 million at the close of July. While the debut of Worldcoin WLD $1.07 drew attention to artificial intelligence (AI) tokens, recent trading data from Kaiko indicates that AI tokens have stagnated despite the hype surrounding Worldcoin’s launch. According to the data, the trading volume of AI-related tokens increased steadily during the past month, with an increase in th...

Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter. Crypto advocacy group Coin Center has criticized the latest indictment of two former Tornado Cash developers, arguing that the facts offered don't show any clear violations of money-transmitting-related offenses. Roman Storm and Roman Semenov were indicted by the United States Office of Foreign Asset Control on Aug. 23 for conspiring to o...

South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text. South Korean tech company Naver Corp has unveiled its answer to OpenAI’s ChatGPT — named CLOVA X — its newest generative AI chatbot, which is aimed at Korean-language users. On Aug. 24, South Korean news outlet Yonhap reported that Naver released its upgraded hyperscale artificial intelligence model HyperCLOVA X. HyperCLOVA X is the firm&ap...

The company also announced the launch of Kresus Connect, a Web3 portal for SuperApp. KresusLabs has made its presence felt in the Web3 space throughout 2023 after closing a $25 million funding round led by Cameron Winklevoss in early March and launching its “SuperApp” in May. Related: Web3 app Kresus raises $25M to bridge consumers to blockchain Kresus Market is designed as a bridge between the standard Web3 experience and traditional Web2 marketplaces. Its curated nature will purportedly aid...

Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches. Crypto trading platform Cypher has published a plan to recover from its $1 million exploit, stating it will “socialize” losses across the platform in an initial stage of the recovery. In the first stage of the plan, the Solana-based trading platform will produce a “pro rata redemption package” of current assets it possesses,...

Bitcoin Realized Cap HODL Waves signal that the current bull market launch is a classic repeat of BTC price history. While last week’s 10% BTC price dip has upended some of the on-chain landscape, RHODL is one of the metrics taking a longer-term view of what remains a timely bull market. The metric takes existing HODL Waves data, which groups the BTC supply by when each coin or, specifically, unspent transaction outputs, last moved, and weights it by realized price — i.e., the price at which ...

In a saturated Web3 game market, a new model suggests industry players must go beyond tokenizing Web2 elements. The joy of playing video games began in the 1950s on large, analog computers. Since then, video games have become more accessible than ever before. German online platform Statistia, which specializes in data collection and visualization, reports that 27% of survey respondents in the United States spend 1 to 5 hours a week playing games, while 11% spend 11 to 15 hours. While critics ...

Bitcoin is giving plenty of longtime market participants reason to forecast a return to its previous cycle's $20,000 all-time high — or worse. Data from Cointelegraph Markets Pro and TradingView showed an eerie calm covering BTC/USD over the weekend, with the market down 11% in seven days. Rattled market observers remained highly cautious, and looking ahead, Keith Alan, co-founder of monitoring resource Material Indicators, saw only modest room for improvement. Alan continued, saying tha...

The worst week for the cryptocurrency market since November 2022 is coming to an end as its capitalization attempts to stay above $1 trillion. Price trends across the cryptocurrency market remained in a downtrend on Aug. 19 as the total market capitalization tries to stay above $1 trillion. Bitcoin BTC $26,112 price has also been unable to hold the $26,000 level as the markets moved into the weekend.Bitcoin leads crypto market lossesThe major down-move this week occurred on Aug. 17 following ...