Category: Blockchain

InvestHK Reveals Details of Virtual StartmeupHK Festival 2021

This year, Invest Hong Kong (InvestHK)’s StartmeupHK Festival will run from 24-28 May.  Organised by Invest Hong Kong (InvestHK) under its StartmeupHK initiative and guided by this year’s theme “Welcome to a Future Unlimited,” the Festival’s schedule will revolve around 14 main events that will unlock business opportunities for startups on an international level, with

6 Corporate Giants Hold Bitcoin Worth More Than $11.4 Billion

Ever since Bitcoin (BTC) breached the previous record of $20,000 in December 2020, more institutional investors have given the top cryptocurrency a keen eye as it continues to scale new heights. BTC recently set a new all-time high (ATH) above $64,500, given that it has been on a record-breaking trend throughout this year. BlockData has

Coinbase to Close Its San Francisco Headquarters in 2022

Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc has revealed its plans to close its San Francisco headquarters in 2022. Taking to its official Twitter handle, the company said its decision is based on the idea to push forth the no-headquarter option in its operations, a move that will further stress its decentralization aspirations. As prevalent for

1INCH Hits a New All-Time High

1inch, a decentralized exchange (DEX) aggregator, announced today that 1inch Network will aggregate liquidity of MDEX on Binance Smart Chain (BSC). 1inch is a type of liquidity protocol specialized in providing customers with the most favourable and most convenient transaction route by automatically aggregating offers from various decentralized exchanges. MDEX is committed to building a Decentralized Finance

SEC Denies Holding Bitcoin and Ethereum Documents in XRP Case

The lawsuit between the Securities and Exchange Commission (SEC) and Ripple continues to unfold. In the latest twist of events, the Securities and Exchange Commission has appealed to the court denying that it has any documents in its possessions pertaining to Bitcoin, Ethereum, and Ripple (XRP). Previously, Ripple firm was granted partial access by the

What Is Fueling the Dogecoin Hype?

Dogecoin (DOGE), the meme-based cryptocurrency, seems to have entered mainstream finance with ease, being the latest “hot coin” amid the crypto frenzy.  Dogecoin has emerged as the best performing cryptocurrency, with a year-to-date (YTD) return of 13112.24%, from $0.0049 to $0.6474. According to Coinmarketcap, the meme coin overtook Ripple to become the fourth-largest cryptocurrency with a market