Author: James Wilson
While most crypto conferences are content to pack a schedule with panels and protocol pitches, Token2049 Dubai cranked it up a notch—blending adrenaline and gamified side quests into what felt like a cross between a Web3 summit and a desert adventure park. Beyond listening to big-name speakers and headline-making announcements, attendees had a chance to participate in a series of fun side quests—from tweeting selfies with camels basking unbothered in the desert sun, sitting in a freezing cold plunge for five excruciating minutes, and even ziplining across the venue. In return for completing the quests, they racked up points redeemable…
In today’s world, with everyone coveting their mobile phones like a child craves candies, this device has become an inseparable part of our daily lives. It has brought about a revolutionary change in our environment, and people of all ages, from children to older people, are stuck to their screens. If taught how to use this device efficiently, one can benefit. Mobile phones have brought changes in all aspects of life, making this device an advantageous and disadvantageous invention. Some may argue that mobile phones are only for the good of all, but that is not true. People tend to…
Companies deal with a variety of risks in their daily operations in the connected and unpredictable global financial market of today, including credit, liquidity, and operational risk. These risks could have a negative influence on the organization’s sustainability and profitability if they are not adequately addressed. As a result, risk management becomes an essential strategy for maintaining stability and safeguarding investors. However, let’s define derivatives first. What are Derivatives? Derivatives are financial instruments whose values are determined by the underlying asset. It is a fairly complex financial instrument that contracting parties use to mitigate risk or provide security against any…
Kraken has completed its acquisition of U.S futures trading platform NinjaTrader. The crypto exchange reportedly saw a rise in revenue and trading volume on a year-on-year basis. According to the crypto firm’s latest quarterly financial report, its NinjaTrader acquisition marks the largest deal between a traditional finance platform and a crypto firm. Although the firm’s press release did not disclose how much the acquisition cost, crypto.news previously reported that the deal cost around $1.5 billion. The company revealed that NinjaTrader will continue to operate as its own separate entity under the crypto exchange’s suite of applications. On the other hand,…
Bubblemaps has visualized the token distribution for Boop crypto, a fairly new token that stems from the new Solana-based meme coin launchpad Boop.fun. BOOP has gone up more than 200%. On May 2, the on-chain analysis platform Bubblemaps showed traders the token distribution for Boop crypto amidst growing buzz surrounding the launchpad’s reward mechanism. According to the official tokenomics, 50% of the tokens will be allocated to a rewards pool for creators and holders. One of the platform’s unique features is its rewards program that grants Boop tokens to “graduate cults,” which are tokens created on the platform that meet…
Ripple moved 500 million XRP, valued at around $1.1 billion, sparking fresh speculation across the crypto space. The transfer, flagged by blockchain monitoring service Whale Alert on May 2, initially sparked speculation of a large-scale dump. On-chain data, however, indicates that it was not a transfer to external wallets but rather a part of Ripple’s routine monthly escrow unlocks. Up to 1 billion XRP (XRP) can be sold each month from escrow thanks to the company’s structure release mechanism. Unused tokens are usually returned to escrow to control supply and lower market volatility. Out of the 1 billion XRP unlocked…
HAEDAL surged by as much as 50% today ahead of its listing on South Korea’s Bithumb exchange. According to CoinGecko data, the liquid staking protocol Haedal (HAEDAL) rallied to an intraday high of $0.174 during Asia morning hours on May 2, marking over 100% gains from its post-launch lows. Its market cap touched $32 million, and daily trading volume climbed 20% from the previous day, hitting around $180 million. The key catalyst behind today’s move was Bithumb, a major South Korea-based crypto exchange, which announced the addition of a KRW trading pair for the HAEDAL token set at 6:00 PM…
Being an up-to-date tool to work with design, Canva has found its place on the stage of graphic design. Indeed, it does not end here! If you are already an expert designer looking for more or if you are just an aspiring creative who is willing to fully utilize your creativity, here is our list of 10 sophisticated Canva alternatives for 2024 that will surely fit your needs and wants. This is reasonably versatile with a small learning curve and its extensive library of templates, and it has helped many inexperienced users dip their toes into the world of visual…
Key Takeaways Gooden argued that crypto has become a “core element” of modern finance and suggested that increasing its visibility in government buildings would support innovation and enhance accessibility for the public. The machines have become popular tools for scammers who exploit their anonymity and lack of oversight. A Texas lawmaker is calling on the federal government to install cryptocurrency ATMs in public buildings, framing the move as a step toward financial modernization amid the backdrop of increasing scrutiny for crypto kiosks. In a letter sent Thursday to the General Services Administration (GSA), Representative Lance Gooden proposed that the agency…
Huione Group, a Cambodian conglomerate linked to the largest illicit online marketplace, could be cut off from the U.S. financial system under a new Treasury proposal. According to a May 1 announcement from the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the agency is looking to label Huione Group as a “primary money laundering concern” and block it from accessing the American banking network FinCEN’s proposed rule would prevent U.S. financial institutions from opening or maintaining any correspondent or payable-through accounts for Huione Group. “Today’s proposed action will sever Huione Group’s access to correspondent banking, degrading these…