Coinbase Global Inc reported a larger-than-expected quarterly loss as investors worried by this year’s rout in risky assets shied away from trading in cryptocurrencies causing a crypto market turmoil, sending its shares down 6 percent after the bell on Tuesday. Trading volumes at the cryptocurrency exchange more than halved to $217 billion in the second […]
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The last few years have seen the words blockchain, web 3, and decentralization thrown around like potatoes in a food fight. Everywhere on the internet, you go, people are touting the merits of decentralized finance, business, and information infrastructure. The future is decentralized in the eyes of many entrepreneurs and tech enthusiasts, but what does […]
Cryptocurrency exchange FTX said on Friday it was fully approved to operate its exchange and clearing house in Dubai, as the Gulf emirate pushes forward with plans to develop its digital asset sector. The Bahamas-based company said it will start by offering regulated crypto derivatives products and trading services to institutional investors in Dubai as […]
Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap money, with the world’s largest digital asset, bitcoin, down more than 56 percent from this year’s high. Several crypto companies have filed for bankruptcy or have been forced to look for emergency capital infusions. THREE ARROWS CAPITAL Singapore-based crypto […]
What is GTE technology, and why are tech moguls betting big on it? GTE technology stands for Global Token Exchange. If you are remotely familiar with the potential of financial freedom that the advent of blockchain-enabled finance has to offer, then those words should give you goosebumps. Billionaires do not get to their level of […]
People are eagerly jumping on the Web 3 bandwagon and joining the online revolution that promises to transform the Internet as we know it. What is on everyone’s mind, given the ubiquitous enthusiasm and the potential profits that await early adopters, is how to invest in Web 3. Both investors and customers have great prospects […]
Since the beginnings of cryptocurrencies and blockchain technology, one of the most unexpected developments has been the advent of non-fungible tokens (NFTs). Today, people are jumping at any opportunity to cash in on this expanding sector by creating, buying, and flipping NFTs, with Solana NFT marketplaces being among the most popular platforms for doing so. Solana […]
After the COVID-19 crisis took the world by surprise, global industries suffered the wrath of the pandemic on the economy. One industry, in particular, witnessed the most damaging crisis in its history. Manufacturers of graphic processing units (GPU) were exceptionally vulnerable to the economic outcomes of the pandemic, which was also catastrophically affected by the […]
In the realm of cryptocurrencies, the Pi network is an unusual example. Despite receiving a lot of interest and attention, it is not available anywhere. The Pi coin is currently only available through mining, and so you cannot buy Pi Coin in India or anywhere else as of yet as it has not yet been […]
The world is entering the new age of digital finance, and financial technology is a pivotal element that will help shape the industry’s future. There is no denying that the COVID-19 pandemic played an integral role in altering the UAE’s financial services, going from unconnected traditional ones to becoming a critical and essential factor that […]