Globally Famed YES World Utility Token Achieves Crucial Milestone Of Skyrocketing Transaction Volume

Multi-Purpose Utility Token YES WORLD, which is widely known as a weather technician startup on the blockchain, successfully achieved a crucial milestone. Milestone accomplishment was duly noted in the press release which revealed that the project executed record-breaking transactions of YES WORLD Token namely $YES. The official press release of YES WORLD suggested that approximately…

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Bybit Crypto Exchange Modifies User Policies Affecting Access And Withdrawals

User Restrictions Bybit, a globally renowned crypto trading platform, has recently overhauled its policies, particularly with regard to catering to global policies such as KYC. In this connection, Bybit made several changes in its policy concerning users, their access, and rights. The amendments made in Bybit policies show that some restrictions have been put in…

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After Complaints on Twitter, Binance Immediately Bans Three Investors

After the demise of the FTX, the third biggest cryptocurrency exchange, Binance adopted strict regulatory provisions to govern the investors. Moreover, the top management of Binance also exercises zero-tolerance behavior towards the accounts involved in illegal, unethical, and misleading trading activities. As a result of this current tilt in the policy Binance, the world’s biggest…

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MetaMask To Let Users Carry Out Crypto Activities With PayPal

ConsenSys, the parent company of a major cryptocurrency wallet provider, MetaMask, has made an announcement about its latest partnership. ConsenSys has announced that they have formed a partnership with PayPal, a major online payment services provider. PayPal has also entered the crypto industry allowing users to buy and sell crypto. However, PayPal does not provide…

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What Is The Lightning Network And How Does It Work?

Introduction Bitcoin is the first-ever blockchain in the world. There is a sense of distinction for Bitcoin from other altcoins among a certain group of crypto investors who are identified as Bitcoin maximalists. While Bitcoin has remained the highest-grossing cryptocurrency in the world, it often receives criticism for scalability issues. Therefore, there are second-layer solutions…

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LTC Loses Value Boost, ATOM Edges Into Bottom, BTC Ticked $17K

LTC Value Decrease 8th December 2022’s trading sessions came hard at Litecoin (LTC) as the coin failed in showing resistance in the three sessions. Resultantly, LTC’s value kept declining throughout Thursday’s sessions and fell as low as $74.82. Value decline was rather surprising as a day earlier LTC managed to raise its value above a…

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Coinbase Is No Longer Supporting USDT As It Is Encouraging Users To Adopt USDC

Coinbase, a cryptocurrency exchange based in the United States seems to have decided to change its stance towards Tether (USDT). The exchange is communicating to its users that USDT is no longer a reliable stablecoin. Instead, the users must switch to a different stablecoin, asking them to go for USD Coin (USDC). Coinbase Asks Users…

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Crypto Payment Gateway Foundation Laid By Digital-Only Bank Of South Africa

Digital-Only Bank South Africa has been at the forefront of many things and one of them being the adoption of technology. In terms of technology, South Africa is one of those countries where blockchain technology and cryptocurrencies are embraced wholeheartedly. This can be further unearthed from the fact that South Africa has the privilege of…

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Ethereum Continues To Dominate NFT Sales Though Sales Have Dropped 5%

5% Decrease In NFT Sales Volume Past Week As per data from cryptoslam.io, approximately $112.70 Million worth of Non-Fungible Tokens’ (NFTs) sales were carried out in the past 7 days. The data further indicates that last week’s NFT sales volume dropped significantly by 5.23%. However, as regards NFT transactions, the data notes that there has…

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Brazilian Enterprises Set Up Yet another Record In Crypto Purchases

RBF which is the Federal revenue collection authority of Brazil published data pertaining to crypto purchases in the country in October. RBF notes back-to-back record settings by local enterprises in crypto purchases during the months of September and October respectively. Record-Breaking Crypto Purchases It has been a while since when small, medium, and large-scale local…

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Sam Bankman-Fried Lobbied For Deal With Taylor Swift

The crypto meltdown that happened earlier this year had caused a liquidity crisis for many companies. However, it appears that Sam Bankman-Fried was not concerned. Executives of the FTX crypto exchange were begging the founder to preserve cash and avoid making any celebrity endorsement deals that require hundreds of millions of dollars. But, the 30-year…

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Forex vs Crypto Trading: Which One Is Better?

Introduction Crypto trading is the latest trend of investment that is popular among the younger generation. However, before cryptocurrencies, there were other trading options available in the market outside of the stock market as well. One such alternative for trading is Forex Trading. Investors are always looking to diversify their portfolios by dividing their investment…

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Weekly Analysis Top Movers In Crypto Industry, Bitcoin Trades Above $17K

Mixed Sentiment in Crypto Market The Crypto market is usually led by the market creator, Bitcoin. If Bitcoin’s value drops then subsequently values of all cryptocurrencies fall. However, this does not happen all the time as exceptions are also quite frequent. Similar exceptions were noticed at the end of last week, although the sentiment in…

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Crypto Recovery Fund Was Established By World’s Leading Crypto Platform Binance

Binance’s web3 Focused Fund Launch On 1st December 2022, Binance announced the launching of its newly formed fund called the ‘Industry Recovery Initiative (IRI)’. According to the world’s leading centralized crypto trading platform, Binance, the fund has been established for supporting web3. It said further that the fund offers great investment opportunities mainly to the…

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