PRESS RELEASE. Singapore crypto exchange Bityard will launch its first trading contest before May 2021, with up to 60,000 Tether prize pool. The contest registration for each team’s captain is now open. As mainstream cryptocurrencies such as Bitcoin and Ether have been increasing gradually in value, more and more investment institutes and major companies have flooded into the crypto market. […]

Shinhan Bank, South Korea’s largest financial institution by total assets, has joined the governance council overseeing the Hedera network. In an April 14 announcement, Shinhan announced it had become the latest member of the Hedera Governing Council to expand its efforts in the field of “digital transformation.” Hedera touts its hashgraph as an enterprise-grade blockchain platform capable of processing thousands […]

Open interest in Bitcoin futures has surged to new record highs ahead of Coinbase’s April 14 direct listing on the Nasdaq. Crypto market data aggregator Glassode states that Bitcoin open interest has exceeded $27 billion for the first time as Bitcoin pushed into new record highs above $63,000. The milestone suggests traders may be speculating on higher prices, although some […]

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Binance Coin (BNB), the Binance exchange native token that also drives the Binance Smart Chain, has reached a new high lately. At the moment, BSC is Ethereum’s only competitor among DeFi ventures, with fees that are significantly lower than that of ETH. In reality, BNB has been the hottest cryptocurrency in 2021 so far. As a result of Ethereum’s high […]

The stock markets continue to remain volatile in 2021, following a stellar bull run in 2020. The rise in equity investments and federal support let the markets run wild in the past year, creating a visible disconnect between the stock market and the real economy. However, following the mass vaccination drive and multiple fiscal stimulus packages, global economies are headed […]

Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos Narrowing Financial Exclusion Gap Therefore, in their effort to reduce the number of […]

Sheesha Finance, a DeFi mutual fund based in the United Arab Emirates, has raised $9.44 million over a two-week token sale — underscoring heightened investor demand for decentralized finance applications.  The token sale, known as a Liquidity Generation Event, or LGE, excluded private sales and early contribution bonuses, which allowed micro-investments of as little as 0.0001 Ethereum (ETH). In total, […]