BLOCKCHAIN

Best Crypto to Buy Now October 25 – Conflux, Chainlink, Aptos

[ad_1] With the cryptocurrency market seeing ongoing positive traction, analysts highlight potential picks for the best crypto to buy now. Image by cryptonews.com. With the cryptocurrency market seeing ongoing positive price movement, analysts highlight Conflux (CFX), Chainlink (LINK), Aptos (APT), Bitcoin Minetrix, and TG.Casino as potential picks for the best crypto to buy now. Conflux has been making headlines with its impressive price performance for the past few days. CFX’s
ALTCOIN

Central Bank of Spain Embraces Digital Euro, Highlights Benefits for Customers

[ad_1] Source: Pixabay / Hans Banco de España, Spain’s central bank, is aligning with its European counterparts to introduce their customers to the possibilities of the digital euro, a central bank digital currency (CBDC). In a move that signals the central bank’s proactive stance, a brief document was released on October 19, shedding light on the nature and utility of the European Union’s forthcoming central bank digital currency (CBDC). The
BLOCKCHAIN

Digital Currency Group’s Q3 Shareholder Letter: Surprise Over NYAG Lawsuit

[ad_1] Source: Digital Currency Group Crypto industry powerhouse Digital Currency Group (DCG) has provided a response to its latest fraud lawsuit from the New York Attorney General (NYAG) last week, alongside updated Q3 financial figures. The conglomerate raked in $188 million in the third quarter, compared to $153 million in Q3 2022. Meanwhile, the firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) were $69 million. Most of that revenue
Business

US lawmakers discuss digital assets and the House gets a new Speaker

[ad_1] Members of the United States House of Representatives have chosen Mike Johnson to be the body’s next speaker — the second in line to the U.S. presidency and a very powerful figure in Congress. In an Oct. 25 vote, all 220 Republicans present in the House voted for Johnson, while 209 Democrats cast ballots for Representative Hakeem Jeffries. The vote marked the first time in more than three weeks that
Business

Neon Machine raises $20M Series A for blockchain-based Call of Duty competitor ‘Shrapnel’

[ad_1] Web3 gaming developer Neon Machine raised $20 million in series A funding toward the development of its highly-anticipated extraction shooter “Shrapnel.” This round follows a $10.5 million seed round completed in June of 2021. It was led by Polychain Capital and included funding from Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, and Tess Ventures.Shrapnel is an ambitious gaming project touted by Neon Machine as a “AAA game”
BLOCKCHAIN

Grayscale Forms Strategic Alliance with FTSE Russell for Innovative Crypto Index Venture

[ad_1] Source: Adobe / Ascannio Grayscale Investments, a major US digital asset management firm, has joined forces with FTSE Russell, the index division of the London Stock Exchange-owner LSE Group. According to an announcement from the two companies, the partnership aims to introduce a new crypto index business under the name FTSE Grayscale Crypto Sector Index Series. The new indexes will offer insights into various crypto sectors, including cryptocurrencies, smart
ALTCOIN

Solana and Bitcoin Lead as Crypto Funds See 4th Week of Inflows

[ad_1] Solana gains investor favor, leading altcoin inflows as crypto funds mark four weeks of net gains. Image by Adriana, Adobe Stock. According to a recent report by CoinShares published on Monday, crypto funds have posted a net inflow for the fourth consecutive week, totaling $179 million. While Bitcoin products grabbed the largest slice of the influx, Solana led in altcoin investments, creating a dynamic shift in digital asset inflows.
Business

Bitcoin price chases after $35K as BTC derivatives data signals fresh inflow

[ad_1] Bitcoin’s (BTC) price action is the talk of the town this week and based on the current sentiment expressed by market participants on social media, one could almost assume that the long-awaited bull market has started. As Bitcoin's price rallied by 16.1% between Oct. 22 and Oct. 24, bearish traders using futures contracts found themselves liquidated to the tune of $230 million. One data point that stands out is the
Bitcoin News

Fantom’s Andre Cronje Says Blockchain Tech Needs Modernising

[ad_1] Source: Adobe Stock / sunilpurushe Blockchain technology, despite its revolutionary potential, is in many ways “stuck in the eighties,” according to Fantom (FTM) blockchain co-founder Andre Cronje. Speaking in an interview with crypto news outlet Decrypt on Wednesday, Cronje said he believes it’s time for a significant upgrade to bring this technology into the modern era. In the interview, Cronje noted that when the Internet was first developed, it
Business

FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours

[ad_1] Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit accounts in five hours on October 24-25, according to data from blockchain analytics platform Spot On Chain. The movement of these funds may indicate that the firms plan to sell some assets to pay back creditors. #FTX and #Alameda related addresses are depositing tokens to exchanges!Via address 0xde9, #FTX