Gemini, the popular crypto exchange, recently announced that users of its Earn product have successfully received $2.18 billion of their digital assets. This marks a significant milestone for the users, as it represents 97% of the total digital assets that were owed to them. The recovery comes after the collapse of crypto lender Genesis, which
The enigmatic world of Bitcoin continues to captivate investors with its price fluctuations. However, a recent analysis by Cryptorphic, a prominent crypto analyst, suggests the future might be brighter than recent dips might indicate. Their prediction? Bitcoin hitting a staggering $156,000 by May 27th, 2025. Cryptorphic’s prediction hinges on a historical phenomenon known as the
Magic has recently announced a partnership with Etherlink to enhance Tezos dApp development by focusing on scalability and security. This collaboration aims to support the growth of the web3 community and facilitate the transition to web3 technologies while offering innovative services and solutions. By combining Magic’s expertise with Etherlink’s non-custodial, EVM-compatible Tezos layer two solution,
In a recent interview at the Nikkei’s Future of Asia conference, Central Bank Governor Chea Serey discussed the potential impact of the Central Bank Digital Currency (CBDC) Bakong on Cambodia’s economy. She revealed that the Bakong could increase the adoption of Cambodia’s Riel currency by facilitating cross-border QR payments, potentially transforming the country’s currency system.
Recently, Mt. Gox, a bankrupt Bitcoin exchange based in Shibuya, Tokyo, Japan, made a significant move in the world of cryptocurrency by executing a large-scale Bitcoin transfer to several unknown wallets. The transfer involved a whopping 42,830 BTC valued at $2.9 billion and has raised concerns within the broader crypto market about potential selling pressures.