Mudrex, an Indian cryptocurrency investment platform, has announced plans to offer US spot Bitcoin (BTC) exchange-traded funds (ETFs) to institutional and retail investors in India, said CEO and co-founder Edul Patel in a recent interview. Patel emphasized the significance of this move for institutions, granting them access to spot bitcoin ETFs, previously only accessible to...
Bitcoin‘s recent trading activity presents a fascinating case for price predictions as the digital currency hovers around $68,100, marking an increase of 1.50% on Saturday. The cryptocurrency landscape is abuzz with investor anticipation as Bitcoin inches closer to the significant $70,000 threshold, suggesting a potentially bullish future. This movement echoes the momentum within the sector,...
Decentralized finance (DeFi) protocol Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds. Following the compromise, Unizen pledged to reimburse affected users who lost up to $750,000, aiming to restore confidence in its platform and uphold its commitment to user...
As Bitcoin hovers around $69,400, up nearly 1.50% on Sunday, its journey beckons keen market watchers for a Bitcoin price prediction. This recent surge, hinting at potential market shifts, sets the stage for an examination of Bitcoin’s trajectory amidst the broader financial landscape. DeFi’s Total Value Locked Surpasses $100 Billion Amid Bitcoin Rally March 9...
Core Foundation, which aims to create a secure and decentralized ecosystem for dApps, is launching a non-fungible token (NFT) marketplace. Announced Monday, the foundation will also embark an NFT collection drop for the community, dubbed – Core Journey. The NFT collection is focused to bring stronger utility to the Core chain, said Core contributor Rich...
Core Foundation has announced a $5 million innovation fund to promote India’s Web3 communities. The move comes at a time when the country is fast emerging as a global hub for web3 innovation. Announced on Thursday, the fund aims to further India’s decentralized application ecosystem on Core Chain – EVM-compatible blockchain secured on Bitcoin. “The...
During this year’s World Police Summit in Dubai on March 5-7, the United Arab Emirates made headlines by adopting Cardano blockchain technology to enhance the security of its criminal investigations. The Dubai Police’s use of the technology marks a major step towards blockchains integration into the mainstream. The showcase with the Cardano-based project evidenced the...
As Bitcoin price dips to $68,380, shedding nearly 0.50% on Monday, market watchers eye pivotal movements and strategic investment shifts. Amidst this fluctuating landscape, BlackRock’s iShares Bitcoin ETF emerges as a dominant force, overshadowing MicroStrategy with a staggering 195,985 Bitcoin accumulation. This remarkable growth, fueled by institutional interest and strategic spot ETF introductions in the...
Eclipse Labs, a multilayered blockchain builder, has raised $50 million in funding to fuel the launch of its solution for scaling the Ethereum network. The announcement was made on March 11 via the X (formerly Twitter) handle, just weeks before the mainnet launch. Eclipse Labs’ Developer-First Focus Approach Eclipse Labs offers a flexible Layer-2 solution...
London’s most affluent residents are now paying their rental in cryptocurrencies, in most sought after locations in the city.crypto pay Knightsbridge Prime Property (KPP), a real estate company which specialises in the rental and sale of high-end luxury property in Central London, has completed a £45,000 a week rental transaction in Bitcoin. Announced Friday, the...