Posts in Web3 Business

Institutional Money is Flowing Back into Crypto: How Margex Copy Trading Helps You Approach the Markets

Institutional Money is Flowing Back into Crypto: How Margex Copy Trading Helps You Approach the Markets

May 25, 2024 12:23 AM / by TOGRP

As institutional money returns to the cryptocurrency market, investors are exploring innovative strategies to leverage this renewed interest. One such strategy is Margex's copy trading feature, which offers a unique opportunity for both seasoned and novice traders to navigate the complex crypto markets effectively. This article delves into the current trends of institutional investment in cryptocurrency and how Margex's copy trading can optimize your trading strategy.

World Economic Forum Raises Concerns Over Quantum Computing Risks to CBDCs' Cryptographic Encryption

World Economic Forum Raises Concerns Over Quantum Computing Risks to CBDCs' Cryptographic Encryption

May 24, 2024 01:35 AM / by TOGRP

In an era where digital transformation dictates the pace of global finance, the advent of Central Bank Digital Currencies (CBDCs) has emerged as a revolutionary milestone. However, this digital leap is accompanied by formidable challenges, prominently highlighted by the World Economic Forum (WEF). Recently, the WEF expressed significant concerns regarding the potential risks quantum computing poses to the cryptographic systems safeguarding CBDCs. This article delves into these concerns, elucidat

Hong Kong Bans Worldcoin's Data Collection Over Alleged Privacy Violations

Hong Kong Bans Worldcoin's Data Collection Over Alleged Privacy Violations

May 22, 2024 10:27 PM / by TOGRP

In a significant development impacting digital privacy and technology, Hong Kong has officially banned Worldcoin's data collection practices due to concerns over privacy violations. This decision underscores the growing scrutiny on how tech companies handle personal data and the stringent measures being implemented to protect individual privacy rights.

Kraken Refutes Rumors of Delisting USDT in the EU: Maintaining Stability in Cryptocurrency Markets

Kraken Refutes Rumors of Delisting USDT in the EU: Maintaining Stability in Cryptocurrency Markets

May 21, 2024 11:15 AM / by TOGRP

In response to widespread speculation, Kraken, a major cryptocurrency exchange, has categorically denied any plans to delist the USDT (Tether) in the European Union. This clarification comes amidst rumors that have caused concerns among traders and investors about the stability of one of the most widely used stablecoins in the market. Here, we delve into the details of Kraken's announcement, the reasons behind the rumors, and the implications for the cryptocurrency market.

Gala Games Exploited for $200 Million: A Deep Dive into the Security Breach

Gala Games Exploited for $200 Million: A Deep Dive into the Security Breach

May 21, 2024 11:13 AM / by TOGRP

In a shocking development in the world of blockchain gaming, Gala Games has suffered a massive security breach resulting in a staggering $200 million loss. This incident has raised serious concerns about the security measures of decentralized gaming platforms and the safety of digital assets. This article explores the details of the breach, its impact on Gala Games, and the broader implications for the cryptocurrency industry.

Avara to Launch Lens Network on zkSync to Expand on Success of Lens Protocol

Avara to Launch Lens Network on zkSync to Expand on Success of Lens Protocol

May 18, 2024 11:54 PM / by TOGRP

Avara launches Lens Network on zkSync to enhance scalability and reduce transaction costs, driving innovation in blockchain technology.

Resilience in the Bitcoin Market: 86% of Supply Remains Profitable Despite Price Volatility

Resilience in the Bitcoin Market: 86% of Supply Remains Profitable Despite Price Volatility

May 11, 2024 06:55 AM / by TOGRP

Despite recent downturns in market prices, a remarkable 86% of Bitcoin's total circulating supply continues to be held at a profit. This statistic, reported by the blockchain analytics firm Glassnode, offers a compelling glimpse into the enduring confidence and resilience among Bitcoin investors

Marathon Digital Joins S&P SmallCap 600, Shares Surge 18%

Marathon Digital Joins S&P SmallCap 600, Shares Surge 18%

May 8, 2024 11:16 PM / by TOGRP

In a significant development for the cryptocurrency sector, Marathon Digital Holdings, a prominent player in the crypto mining industry, has been added to the S&P SmallCap 600 Index. This inclusion has resulted in an impressive 18% surge in the company's share price, highlighting the growing integration of cryptocurrency companies into mainstream financial markets.

GBTC's Remarkable Reversal: Breaking the 16-Week Outflow Streak with a $63 Million Inflow

GBTC's Remarkable Reversal: Breaking the 16-Week Outflow Streak with a $63 Million Inflow

May 7, 2024 11:25 PM / by TOGRP

On May 3, 2023, Grayscale Bitcoin Trust (GBTC) achieved a significant financial milestone by reversing a prolonged 16-week outflow streak, marking it with an impressive $63 million inflow. This event not only highlights a turning point for GBTC but also signals broader trends in the cryptocurrency market, especially in investor sentiment towards Bitcoin.

Nigeria's Move to Remove Naira from P2P Platforms: A Strategy to Curb Currency Manipulation

Nigeria's Move to Remove Naira from P2P Platforms: A Strategy to Curb Currency Manipulation

May 7, 2024 11:20 PM / by TOGRP

In a significant policy shift, the Nigerian government has announced plans to remove the Naira from peer-to-peer (P2P) trading platforms. This decision is primarily aimed at curbing currency manipulation and stabilizing the economic landscape in Nigeria. This article delves into the implications of this decision, examining both its potential impacts and the challenges it may pose.

Custodia's Strategic Move: Recruiting Top Solicitors in the Federal Reserve Legal Battle

Custodia's Strategic Move: Recruiting Top Solicitors in the Federal Reserve Legal Battle

May 7, 2024 10:47 PM / by TOGRP

In a bold strategic maneuver, Custodia Bank has enlisted a cadre of top-tier solicitors to bolster its ongoing legal battle against the Federal Reserve. This move signifies a pivotal shift in tactics as Custodia seeks a favorable outcome in its quest to obtain a master account from the Federal Reserve, a crucial asset that could redefine its operational capabilities.

Dutch Authorities Arrest Suspect in Zkasino Gambling Scam, Seize $12.2 Million in Assets

Dutch Authorities Arrest Suspect in Zkasino Gambling Scam, Seize $12.2 Million in Assets

May 6, 2024 03:51 AM / by TOGRP

In a significant development, Dutch authorities have apprehended a suspect allegedly involved in the Zkasino gambling scam, leading to the seizure of assets worth $12.2 million. This high-profile case sheds light on the growing challenges posed by fraudulent activities in the cryptocurrency space.

Stronghold's Strategic Considerations: Exploring the Sale of the Company

Stronghold's Strategic Considerations: Exploring the Sale of the Company

May 3, 2024 04:12 AM / by TOGRP

Stronghold's Strategic Considerations: Exploring the Sale of the Company

Cross Finance Announces Pioneering DeFi Conferences: A Leap Forward in Blockchain Technology

Cross Finance Announces Pioneering DeFi Conferences: A Leap Forward in Blockchain Technology

May 1, 2024 10:31 PM / by TOGRP

In the ever-evolving world of decentralized finance (DeFi), Cross Finance has taken a significant step by announcing a series of DeFi conferences aimed at fostering innovation and collaboration in the blockchain sector. This strategic move marks a pivotal moment for enthusiasts, developers, and investors, offering a unique platform to explore the vast potentials of DeFi technologies. Here, we delve into the details of these conferences, their expected impact, and why they are a can't-miss event

Uniswap Integrates with Robinhood Connect to Facilitate Crypto Purchases

Uniswap Integrates with Robinhood Connect to Facilitate Crypto Purchases

May 1, 2024 10:26 PM / by TOGRP

In a significant development for cryptocurrency enthusiasts, Uniswap has announced its integration with Robinhood Connect. This partnership marks a pivotal moment in making cryptocurrency transactions more accessible to a broader audience. Here, we explore how this collaboration benefits users and impacts the broader crypto market.

Grayscale's Outflows Slow as Investor Interest in Altcoins Like Solana, Polkadot Rises

Grayscale's Outflows Slow as Investor Interest in Altcoins Like Solana, Polkadot Rises

April 29, 2024 08:55 PM / by TOGRP

Explore how Grayscale's slowing outflows and increasing investor interest in altcoins such as Solana and Polkadot are shaping the cryptocurrency market.

Justin Sun speaking at a conference, with a backdrop displaying Ethereum and ETF graphics, highlighting the intersection of crypto innovation and regulation.

Justin Sun Predicts SEC Rejection of Ethereum ETF in May: A Call for Crypto Education

April 29, 2024 08:45 PM / by TOGRP

Discover why Justin Sun predicts an SEC rejection of the Ethereum ETF and the crucial role of crypto education in regulatory decisions.

SEC vs. DeFi: The Battle Royale – What Lies Ahead Amid Regulatory Clash and Hack Mayhem

SEC vs. DeFi: The Battle Royale – What Lies Ahead Amid Regulatory Clash and Hack Mayhem

April 29, 2024 08:41 PM / by TOGRP

Explore the ongoing regulatory battles between the SEC and DeFi platforms, including impacts, community reactions, and future outlooks.

Altcoins: To Buy or Sell? Insightful Analysis for 2024

Altcoins: To Buy or Sell? Insightful Analysis for 2024

April 25, 2024 10:21 PM / by TOGRP

As the cryptocurrency market continues to evolve, investors are faced with the critical decision of whether to buy or sell altcoins in 2024. The article provides an in-depth analysis of current market trends, investor sentiment, and technological advancements impacting altcoins.

Samourai Wallet Execs Arrested Over Money Laundering Charges in $2 Billion DOJ Case, Website Seized

Samourai Wallet Execs Arrested Over Money Laundering Charges in $2 Billion DOJ Case, Website Seized

April 25, 2024 06:40 AM / by TOGRP

In a dramatic turn of events, executives of the popular cryptocurrency wallet, Samourai Wallet, have been arrested over allegations of facilitating money laundering activities. The charges, filed by the Department of Justice (DOJ), accuse the executives of participating in a scheme that laundered more than $2 billion. The DOJ has also seized the Samourai Wallet website as part of their investigation, marking a significant development in the regulatory scrutiny of cryptocurrency operations.