Category: Blockchain

Mango Markets decentralised exchange (DEX) based on the Solana network announced Wednesday the company raised around $70 million through its MNGO tokens sale. This token sale is one of the largest token sales on the Solana blockchain in recent months.  During the token sale period that has been listed on the exchange, a total of

Bitcoin (BTC) recently experienced an uptick, which made the leading cryptocurrency breach the psychological price of $40K. This upward momentum saw BTC scale above the $46,000 level.  Nevertheless, Bitcoin was down by 1.83% in the last 24 hours to hit $45,339 during intraday trading, according to CoinMarketCap. Market analyst Michael van de Poppe believes that Bitcoin

The price decline in the global cryptocurrency industry might be losing its steam as altcoins are rallying off to reprint their previous price highs. The growth in the price of top altcoins and coins based on Non-Fungible Token (NFTs) have helped push the global crypto market cap above $2 trillion for the first time since

After months of consolidating between the $30-$40K range, Bitcoin recently saw the light at the end of the tunnel, given that the psychological price of $40,000 was breached. The leading cryptocurrency was up by 19.58% in the last 7 days and hit $45,596 during intraday trading, according to CoinMarketCap. Therefore, this has given short-term Bitcoin

The Bank of Ghana announced on Wednesday, August 11, that it has officially launched cooperation with Giesecke+Devrient, a German company specialising in providing banknotes and securities printing, in conducting a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana. Giesecke+Devrient (G+D) is a German company headquartered in Munich that provides banknote and securities printing,

Metromile digital pay-per-mile vehicle insurance company based in San Francisco revealed in its filing with the U.S. Securities and Exchange Commission (SEC) that it bought Bitcoins worth $1 million as part of its treasury reserve in June 2021. Twitter handle @MacroScope17 reported the news about Metromile’s Bitcoin purchase. The tweet spurred several people to talk

Following the largest cyber heist in the history of Decentralized Finance (DeFi), an offshoot of blockchain applications in which a total of $610 million were stolen through the exploitation of Poly Network, the attacker(s) seems to be having a rethink. As confirmed by the interoperable blockchain protocol, a total of $260 million has been returned as of 11

Coinbase Global has reported an impressive result in its second-quarter earnings report. On Tuesday, August 10, Coinbase cryptocurrency exchange reported its second-quarter revenue better than analysts expected. However, Coinbase’s revenue hit $2.23 billion compared to $1.78 billion, which analysts had expected. Also, the company’s earnings stood at $3.45 per share, excluding stock-based compensation benefits compared

Coinbase wrote a letter to shareholders on Tuesday saying PNC Bank, the fifth-largest bank in the United States, plans to cooperate with Coinbase to launch cryptographic service products. More than 9,000 large financial institutions have established partnerships and cooperating with the Coinbase crypto exchange. The letter to shareholders on August 10 mentioned a new sizeable

Venmo mobile payment service announced on Tuesday, August 10, that it has launched a credit card feature that allows users to convert their cash-back rewards into Bitcoin and other crypto-assets.  The PayPal Inc-owned company has announced that it has expanded its crypto offerings. This new “Cash Back to Crypto” feature enables Venmo credit cardholders to use monthly