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Binance Announces “Innovation Zone” for High-Risk Crypto Assets
The largest cryptocurrency exchange announced that instead of delisting, it will put cryptoassets in the "innovation zone" to give such assets a second chance. According to Binance's announcement, on Wednesday, May 10, the trading floor will move 18 crypto assets into the ...
Goldman Sachs Study Shows One-Third of Family Investment Firms Invested in Cryptocurrencies
Goldman Sachs, a large investment bank, conducted a study of investments of family companies in various assets. It turned out that a third of these firms invested in cryptocurrencies. Interestingly, the main incentive for family investment firms to invest in digital asset ...
Bank of England’s Digital Pound to Preserve User Privacy but Not Offer Anonymity
The Director of Financial Technology Development at the Bank of England said that the digital pound is being created to preserve user privacy but will not be anonymous. Tom Mutton, speaking at the Financial Times conference on digital assets, assured that the central bank h ...
CoinEx Analysts Conduct Comparative Analysis of Blockchain Networks Aptos and Sui
Crypto exchange analysts CoinEx studied the ecosystems of crypto-assets SUI and APT, and prepared an overview of the most important characteristics of blockchains, as well as their comparative analysis. Aptos and Sui are derived from the Facebook Diem blockchain project. ...
Ripple CEO Advises Cryptocurrency Startups to Avoid Opening Business in the U.S.
Ripple CEO Brad Garlinghouse advised cryptocurrency startups not to open a business in the U.S. to avoid being harassed by regulators. Speaking at the Dubai Fintech Week conference, Garlinghaus announced that he intends to expand Ripple's operations in Dubai and promised th ...
Crypto Influencer Believes Meme Coins Will Eventually Be Worthless
Crypto-enthusiast and Influencer shares his opinion on meme-coins. From his point of view, their final value will be equal to zero, the exception may be Dogecoin. Ben Armstrong compared trading meme-coins to playing "hot potato". Armstrong advised his subscribers to prof ...
Analyst predicts Cardano’s ADA market cap could reach $500 billion with Ouroboros Hydra protocol
Cryptocurrency trader and analyst suggested that ADA's market capitalization could reach $500 billion by scaling the Cardano network with the Ouroboros Hydra protocol. Dan Gambardello thinks the ADA coin is quite capable of reaching the figure during the next big bull ral ...
Ethereum Staking Remains Attractive to Crypto-Enthusiasts Despite Shanghai Update, Decrypt Reports
It's been about a month since the Shanghai update went live, but data from the Etherium network, Decrypt states, shows: enthusiasts are still willing to stake ETH. Shanghai update allowed ether stackers to withdraw their coins from the network. Some users have been on hol ...
Chinese tech giant Alibaba partners with Avalanche to develop meta universe
Chinese tech flagship Alibaba will develop a meta universe with Avalanche, one of Etherium's main competitors. The project will be called Cloudverse. The Avalanche team in its blog announced a partnership with Alibaba Cloud, a subsidiary of the Alibaba Group that focuses ...
Mysten Labs Launches Sui Blockchain Network for Decentralized Applications
Mysten Labs has announced the launch of the main tier 1 network of the Sui. Soon Sui will be added to major cryptocurrency exchanges, including Binance, OKX and Kucoin. Sui is a scalable blockchain designed to host decentralized ap ...