May 26, 2023 By Sharan Kaur Phillora The monthly trading volume of nonfungible tokens (NFTs) and memecoins on Bitcoin in May surpassed Solana’s volume, according to data from CryptoSlam. This indicates a growing demand and interest in Bitcoin-themed NFTs within the NFT market. Here’s what we know:  According to the popular NFT industry data aggregator CryptoSlam, […]

May 26, 2023 By Anjali Kochhar Hong Kong, once a thriving crypto hub, is poised to reclaim its position as a key player in the digital asset industry with the announcement of the latest crypto regime that would allow retail investors to invest in large-cap tokens such as Bitcoin and Ethereum with necessary guardrails. Experts

May 25, 2023 By Anjali Kochhar Despite the initial hiccups, resistance, and the recent cryptocurrency crash, digital currencies and cryptocurrencies have been at the forefront of technological innovation and the cornerstone of success. Many experts and leading practitioners view cryptocurrencies as the technology and digital industry revolution. A lot has been done, and still, there

May 25, 2023 By Sharan Kaur Phillora In response to the evolving regulatory landscape in Hong Kong, cryptocurrency exchange and derivative trading platform BitMEX has announced the launch of a dedicated mobile app exclusively for its Hong Kong user base. Here’s what we know:  This announcement is part of its plans to apply for the

May 25, 2023 By Anjali Kochhar Hong Kong has positioned itself as the leading hub for Web3, the blockchain-based evolution of the internet, attracting cryptocurrency businesses and digital asset companies. According to the South China Morning Post, Hong Kong’s favourable business environment, strict regulations, and initiatives to support the digital asset economy have captured the

May 24, 2023 By Tsering Namgyal In a big bang for crypto regulations, Hong Kong’s securities watchdog the Securities and Futures Commission (SFC) said on Tuesday it will allow retail investors to trade in large-cap tokens such as Bitcoin and Ethereum on regulated exchanges. The move comes after the consultation on the same topic that

May 24, 2023 By Anjali Kochhar The Chinese autonomous region of Guangxi, situated in southern China, is set to embark on an ambitious plan to widely adopt the digital yuan, with a specific focus on utilising it as a trade currency with member nations of the Association of Southeast Asian Nations (ASEAN). This initiative is

May 24, 2023 By Murtuza Merchant CoinMarketCap, a leading cryptocurrency price tracking platform, is making waves in the realm of reality television with its new contest show, “Killer Whales,” centered around Web3. The series, reminiscent of the popular show “Shark Tank,” is being developed in collaboration with the Web3 entertainment firm Hello Labs, Coinmarketcap revealed.

May 23, 2023 By Murtuza Merchant In the fast-paced realm of digital currencies, an increasing number of novel crypto projects are launched annually.  However, a significant portion struggles to make an impact and end up disappearing into obscurity. The value of their tokens dwindles, often to near worthlessness.  A multitude of reasons contribute to these

May 23, 2023 By Anjali Kochhar NFTs from a bankrupt crypto company Three Arrows Capital have been sold at an auction, fetching an impressive sum of nearly $2.5 million. Of the tokens, “Fidenza #725,” an image with graphic dashes and curves in a muted palette of cream, yellow, pink and black, fetched the highest price at