November 28, 2024 – Binance, the world’s largest cryptocurrency exchange by trading volume, has announced its first global crypto shopping event, Binance PayDay, to encourage cryptocurrency payments during the holiday season. The event, running from November 28 to December 12, 2024, offers a total of $200,000 in PEPE tokens as rewards for users shopping with…
ZURICH, Switzerland—November 27, 2024—Margarita Finance, a Solana-based platform for structured investment products, has raised $1 million in pre-seed funding to bring the $7 trillion structured products market onchain. Notably, the funding round was led by early-stage venture firms such as Tomahawk VC and Outrun Ventures, alongside Swiss-based family office N & V Capital and market…
November 26, 2024 – Mantle, an Ethereum layer 2 (L2) network and comprehensive on-chain ecosystem, has announced its expansion into Latin America. In partnership with Odisea Labs, Mantle aims to support local developers in deploying and integrating projects on the Mantle Network, a key component of its ecosystem. Significantly, Mantle’s ecosystem encompasses Mantle Network, Mantle…
Trust Wallet, the self-custody Web3 wallet used by over 140 million people worldwide, has announced the integration of Binance Connect, a fiat-to-crypto gateway powered by Binance. Notably, this new partnership is designed to improve access to digital assets by streamlining the process of buying and selling cryptocurrencies directly within the Trust Wallet app. Accordingly, the…
November 21, 2024 - SINGAPORE — BitGo Singapore Pte. Ltd., a subsidiary of BitGo, Inc., has officially launched its operations, offering regulated digital asset custody, trading, settlement, and token management services to clients across the Asia-Pacific (APAC) region. This move follows the company’s acquisition of a Major Payment Institution License from the Monetary Authority of…
New York and Paris—November 21, 2024 - DeepGreenX Group Inc., an AI-powered green energy technology company, and Veea Inc. (NASDAQ: VEEA), a leader in edge computing and AI solutions, have announced a global strategic partnership aimed at revolutionizing the energy sector. The collaboration will implement an AI-driven virtual energy grid supported by lease-financed infrastructure valued…
Peer-to-peer Bitcoin trading volume in Nigeria continues to soar as Africa’s largest economy remains a front runner of crypto adoption. Chainalysis has reported booming cryptocurrency adoption in Africa as the continent ranked second to the United States of America in peer to peer trading. According to one survey, Nigeria has the highest percentage of cryptocurrency users…
Recent events have proven that the crypto industry is maturing. The digital market has been rocked by a myriad of scams in the past. According to Ciphertrace, a cryptocurrency intelligence firm, crypto scams and theft could amount to $4.3 billion in 2019. Despite these scams and thefts, the crypto industry is maturing due to a…
The news, along with all the panic surrounding the split of bitcoin cash, might have overshadowed some of the more positive developments bitcoin has had the chance to go through in the last few weeks. There’s a growing trend of adoption and recognition that bitcoin is receiving from high-level individuals as well as institutions in…