Month: March 2022
bithumb hack
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bithumb hack
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Bithumb Korea Announces An Annual Operations Income Of $833 Million

The South Korean crypto market has marked some big winners. Bithumb, one of the country’s most prominent crypto exchanges, has reported an operating profit of $645 million for the year 2021.  South Korea’s Bithumb’s annual profit skyrockets Bithumb revealed this in its 2021 revenue report filed recently. The report also noted that Bithumb accounts for

The South Korean crypto market has marked some big winners. Bithumb, one of the country’s most prominent crypto exchanges, has reported an operating profit of $645 million for the year 2021.  South Korea’s Bithumb’s annual profit skyrockets Bithumb revealed this in its 2021 revenue report filed recently. The report also noted that Bithumb accounts for

South Korea toughens crypto stance after Terra
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South Korea toughens crypto stance after Terra
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South Korean Government Opens Metaverse Themed Around The DMZ

A South Korean ministry dedicated to maintaining relations with its Northern neighbor said it had launched a new metaverse themed around the Demilitarized Zone (DMZ), the strip of land that divides North and South Korea. South Korea’s Ministry of Unification launched the platform- Seoul’s first government-backed foray into the metaverse- on Thursday, in a bid

A South Korean ministry dedicated to maintaining relations with its Northern neighbor said it had launched a new metaverse themed around the Demilitarized Zone (DMZ), the strip of land that divides North and South Korea. South Korea’s Ministry of Unification launched the platform- Seoul’s first government-backed foray into the metaverse- on Thursday, in a bid

Press Release
Press Release

Proxy42 partners with Nodle to Bring Extended Reality into the Gaming Metaverse

San Francisco, United States, 31st March, 2022, Chainwire Proxy42, a pioneer in extended reality gaming and the metaverse creator behind World League Live!, is partnering with Nodle to generate revenues, and focus on creating a compelling experience for their community without having to show advertisements or harvest user data. Nodle is a decentralized wireless network

San Francisco, United States, 31st March, 2022, Chainwire Proxy42, a pioneer in extended reality gaming and the metaverse creator behind World League Live!, is partnering with Nodle to generate revenues, and focus on creating a compelling experience for their community without having to show advertisements or harvest user data. Nodle is a decentralized wireless network

Press Release
Press Release

PARSIQ Network will Redefine Web3 Backend Infrastructure

Tallinn, Estonia, 31st March, 2022, Chainwire PARSIQ’s expanded vision will build upon previous core technologies to become a full data suite for Web3 applications, enabling industry-leading real-time and historical data querying and a host of customizable data solutions PARSIQ, a blockchain monitoring infrastructure SaaS, has announced a roadmap for an ambitious all-in-one suite that will

Tallinn, Estonia, 31st March, 2022, Chainwire PARSIQ’s expanded vision will build upon previous core technologies to become a full data suite for Web3 applications, enabling industry-leading real-time and historical data querying and a host of customizable data solutions PARSIQ, a blockchain monitoring infrastructure SaaS, has announced a roadmap for an ambitious all-in-one suite that will

USDC
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USDC
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Just-In: Circle Picks BNY As Custodian Of USDC Reserves

Financial infrastructure provider Circle Internet Financial said on Thursday it had picked Wall Street BNY Mellon as the primary custodian for the reserves backing its stablecoin USD Coin (USDC). Circle is the creator and the main operator of USDC, which was launched in 2018. The token has since grown to be one of the most

Financial infrastructure provider Circle Internet Financial said on Thursday it had picked Wall Street BNY Mellon as the primary custodian for the reserves backing its stablecoin USD Coin (USDC). Circle is the creator and the main operator of USDC, which was launched in 2018. The token has since grown to be one of the most

Ethereum (ETH) Price Builds Strong Bullish Momentum, Here's Why?
Altcoin News
Ethereum (ETH) Price Builds Strong Bullish Momentum, Here's Why?
Altcoin News

Ethereum L2 Activities Hits New High, Total Value Locked Up By 13% In One Week

As Ethereum’s base layer continues to remain expensive to use, Layer 2 (L2) protocols have been picking up steam. This month L2 protocols set a new monthly all-time high (ATH) in gas fee consumption, and also reached a new total value locked high.  Ethereum L2 protocols guzzle over 30 billion gas in March According to

As Ethereum’s base layer continues to remain expensive to use, Layer 2 (L2) protocols have been picking up steam. This month L2 protocols set a new monthly all-time high (ATH) in gas fee consumption, and also reached a new total value locked high.  Ethereum L2 protocols guzzle over 30 billion gas in March According to

Altcoin News
Altcoin News

Here’s Why IOST Token Price Is Skyrocketing Today

The IOST Foundation unveiled what they call it a Secret Weapon- Project Entroverse. The team claims that this project will enable IOST to become a powerful and compelling blockchain network. The Entroverse includes solutions like IOSTSWAP and the Ethereum Virtual Machine (EVM) compatibility. IOST token registered a massive surge of over 58%, since the project

The IOST Foundation unveiled what they call it a Secret Weapon- Project Entroverse. The team claims that this project will enable IOST to become a powerful and compelling blockchain network. The Entroverse includes solutions like IOSTSWAP and the Ethereum Virtual Machine (EVM) compatibility. IOST token registered a massive surge of over 58%, since the project

Bitcoin Mining Difficulty Jumps Record High As Adoption Rises
Bitcoin Mining
Bitcoin Mining Difficulty Jumps Record High As Adoption Rises
Bitcoin Mining

Bitcoin Mining Difficulty Jumps Record High As Adoption Rises

Bitcoin mining difficulty on Thursday has hit a record high of 28.59 T, rising 4.13% on the entire Bitcoin network. As per data from BTC.com, the difficulty in mining bitcoin has increased after facing two consecutive declines in bitcoin mining. It shows Bitcoin mining reaching a key inflection point as the adoption of Bitcoin rises.

Bitcoin mining difficulty on Thursday has hit a record high of 28.59 T, rising 4.13% on the entire Bitcoin network. As per data from BTC.com, the difficulty in mining bitcoin has increased after facing two consecutive declines in bitcoin mining. It shows Bitcoin mining reaching a key inflection point as the adoption of Bitcoin rises.

IMF: Russia-Ukraine Crisis Will Boost Crypto Adoption
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IMF: Russia-Ukraine Crisis Will Boost Crypto Adoption
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IMF: Russia-Ukraine Crisis Will Boost Crypto Adoption

Gita Gopinath, First Deputy Managing Director of the International Monetary Fund (IMF), said on Thursday that economic sanctions imposed on Russia as a result of its invasion of Ukraine will decrease the dominance of the U.S. dollar. She also said the Russian-Ukraine crisis will increase the adoption of digital finance, including cryptocurrencies, stablecoins, and central

Gita Gopinath, First Deputy Managing Director of the International Monetary Fund (IMF), said on Thursday that economic sanctions imposed on Russia as a result of its invasion of Ukraine will decrease the dominance of the U.S. dollar. She also said the Russian-Ukraine crisis will increase the adoption of digital finance, including cryptocurrencies, stablecoins, and central

VC money in Crypto skyrockets
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VC money in Crypto skyrockets
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Helium Blockchain Mother Firm Raises $200 Million In Series D Funding

Helium Inc, the company behind the Helium blockchain that powers a wireless network, has made two key announcements today. Helium Inc has been renamed Nova Labs and has raised $200 million in a Series D funding round.  Nova Labs to expand its workforce with the funds Bloomberg reports that with the raise, Nova Labs has

Helium Inc, the company behind the Helium blockchain that powers a wireless network, has made two key announcements today. Helium Inc has been renamed Nova Labs and has raised $200 million in a Series D funding round.  Nova Labs to expand its workforce with the funds Bloomberg reports that with the raise, Nova Labs has

News
News

Tezos Is About To Pull Off Its Biggest Upgrade Yet

Tezos, a proof-of-stake blockchain protocol, is on the cusp of its ninth upgrade, Ithaca 2, introducing a new consensus mechanism, Tenderbake. The new consensus mechanism will increase the speed of finalizing transactions and reduce latency across its network, bringing along a new wave of innovations on the blockchains. Finally, the Tezos team also announced its

Tezos, a proof-of-stake blockchain protocol, is on the cusp of its ninth upgrade, Ithaca 2, introducing a new consensus mechanism, Tenderbake. The new consensus mechanism will increase the speed of finalizing transactions and reduce latency across its network, bringing along a new wave of innovations on the blockchains. Finally, the Tezos team also announced its

Altcoin News
Altcoin News

Lumenswap Releases New Product: DAO

Stellar project and its ecosystem are well-known for their vastness and utilities. There are several derivative crypto projects in the industry that are aimed to harness the real power of the Stellar ecosystem effectively. Lumenswap, a revolutionary decentralized exchange is also one of the Stellar network-based projects that feature swap and trade capabilities using a

Stellar project and its ecosystem are well-known for their vastness and utilities. There are several derivative crypto projects in the industry that are aimed to harness the real power of the Stellar ecosystem effectively. Lumenswap, a revolutionary decentralized exchange is also one of the Stellar network-based projects that feature swap and trade capabilities using a

Press Release
Press Release

Pokmi Announces Token Listing on MEXC, Aims to Reshape The Adult Entertainment Industry

Los Angeles, USA, 31st March, 2022, Chainwire Pokmi, home to the biggest and largest decentralized uncensored collection on the internet, will be rolling out its multi-chain token POKEN ($PKN) on one of the top cryptocurrency exchanges – MEXC on March 31st 2022 at 14:00 UTC.  Founded by two seasoned scale-up entrepreneurs, Marco Gargniga and Nils

Los Angeles, USA, 31st March, 2022, Chainwire Pokmi, home to the biggest and largest decentralized uncensored collection on the internet, will be rolling out its multi-chain token POKEN ($PKN) on one of the top cryptocurrency exchanges – MEXC on March 31st 2022 at 14:00 UTC.  Founded by two seasoned scale-up entrepreneurs, Marco Gargniga and Nils

Press Release
Press Release

TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards from Stablecoin Pool Incentive Program

Singapore, Singapore, 31st March, 2022, – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity providers to add TUSD-DAI-USDC-USDT liquidity to the Polygon ecosystem. In return for adding liquidity, providers

Singapore, Singapore, 31st March, 2022, – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity providers to add TUSD-DAI-USDC-USDT liquidity to the Polygon ecosystem. In return for adding liquidity, providers

DOGE
Altcoin News
DOGE
Altcoin News

Dogecoin Founder Calls SHIB Metaverse A Cash Grab With Little Utility

Dogecoin founder Billy Markus, better known by his online pseudonym Shibetoshi Nakamoto, criticized memecoin Shiba Inu’s plans to launch its own metaverse, likening the move to a cash grab with little utility. Shiba Inu recently announced plans to launch its own virtual reality offering, called SHIB: The Metaverse,” which will feature 100,595 land plots available

Dogecoin founder Billy Markus, better known by his online pseudonym Shibetoshi Nakamoto, criticized memecoin Shiba Inu’s plans to launch its own metaverse, likening the move to a cash grab with little utility. Shiba Inu recently announced plans to launch its own virtual reality offering, called SHIB: The Metaverse,” which will feature 100,595 land plots available

Press Release
Press Release

FiscusDAO – Official Token Launch

Dallas, Texas, 31st March, 2022, Chainwire FiscusDAO announces the official public launch of its token, FISC.  The all-chain solution will immediately begin utilizing its treasury to provide on-chain token benefits through off-chain project finance. The first cycle of funded projects represents an anticipated $25 billion in total project financing size.   FiscusDAO today publicly launched

Dallas, Texas, 31st March, 2022, Chainwire FiscusDAO announces the official public launch of its token, FISC.  The all-chain solution will immediately begin utilizing its treasury to provide on-chain token benefits through off-chain project finance. The first cycle of funded projects represents an anticipated $25 billion in total project financing size.   FiscusDAO today publicly launched

SHIB-The-Metaverse
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SHIB-The-Metaverse
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Shiba Inu Introduces ‘SHIB: The Metaverse’ With Over 100K Land Plots

Finally, the Shiba Inu (SHIB) has launched its much awaited Metaverse project. The team claims that this immersive experience will position the ShibArmy to grow. SHIB: The Metaverse will be made up of 100,595 land plots, however, some of it will remain private. Shiba Inu will be dropping its AAA Game Developer Studio this coming

Finally, the Shiba Inu (SHIB) has launched its much awaited Metaverse project. The team claims that this immersive experience will position the ShibArmy to grow. SHIB: The Metaverse will be made up of 100,595 land plots, however, some of it will remain private. Shiba Inu will be dropping its AAA Game Developer Studio this coming

india's crypto tax
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india's crypto tax
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Just-In: IMF Warns India Against Crypto Adoption

The International Monetary Fund (IMF) recently flagged several risks over allowing the use of cryptocurrencies as legal tender. The fund is currently helping India draft a comprehensive crypto policy. India is set to enforce a 30% capital gains tax on the space from April. But the country still lacks broader policies regulating the use of

The International Monetary Fund (IMF) recently flagged several risks over allowing the use of cryptocurrencies as legal tender. The fund is currently helping India draft a comprehensive crypto policy. India is set to enforce a 30% capital gains tax on the space from April. But the country still lacks broader policies regulating the use of

Sponsored
Sponsored

Yield App Passes ‘Proof Of Reserves’ Audit To Bolster Safety And Accountability Of Deployed Digital Assets

Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted cryptocurrency exchanges in the world.  Yield App passed the audit with flying colors, bolstering

Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted cryptocurrency exchanges in the world.  Yield App passed the audit with flying colors, bolstering

Press Release
Press Release

RedGrid launches the Internet of Energy Network (IOEN) Protocol on the back of a pioneering collaboration with Monash University

Melbourne, Australia, 31st March, 2022, Chainwire In 2020 as part of the groundbreaking ARENA-funded Smart Energy City project, RedGrid, the Monash eResearch Centre (MeRC) and Monash University’s Net Zero Initiative collaborated to research, develop and demonstrate seamless microgrid energy transactions. The microgrid project at Monash University’s Clayton Campus sought to establish a testbed for industry-led

Melbourne, Australia, 31st March, 2022, Chainwire In 2020 as part of the groundbreaking ARENA-funded Smart Energy City project, RedGrid, the Monash eResearch Centre (MeRC) and Monash University’s Net Zero Initiative collaborated to research, develop and demonstrate seamless microgrid energy transactions. The microgrid project at Monash University’s Clayton Campus sought to establish a testbed for industry-led