Author: bitcrypto.io
Bitcoin (BTC) and some top coins are not the only ones impressing in this bullish wave, some of the most notable performers are memecoins. Although SHIB and DOGE, two of the most popular memecoins have impressed, they have fallen short of the less popular PEPE, FLOKI, and WIF. PEPE and WIF in particular have established new all-time highs in recent days. Solana’s Dogwifhat (WIF) successfully breached the $3 mark this week. PEPE, on the other hand, erased a zero to trade above $0.00001 for the first time. These impressive performances have coincided with the Bitcoin (BTC) rally that saw the…
Theft of Active Telecom Gear At All-Time High The Cellular Operators Association of India (COAI) stated on Friday that there has been a significant increase in theft of active telecommunications equipment in the country, with these items being sold on various websites such as eBay and Alibaba. This trend is negatively impacting services for consumers. In a letter addressed to the Department of Telecommunications (DoT), the COAI highlighted that incidents of theft have multiplied since October 2023. The COAI, in correspondence with the Department of Telecommunications (DoT), noted a manifold increase in such incidents from October 2023 onwards. The primary…
BlackRock’s Bitcoin (BTC) exchange-traded fund (ETF) has achieved a significant milestone by surpassing $2 billion in assets under management (AUM) just two weeks after its launch on the Nasdaq. The ETF, known as the iShares Bitcoin Trust (IBIT), has seen its market capitalization reach $2.11 billion due to Bitcoin’s recent price performance. Bitcoin’s price broke through the $42,000 mark for the first time in nearly seven days, following a sell-off that occurred after the launch of ETFs on January 11. The strong intraday performance of the cryptocurrency has contributed to the rapid growth of BlackRock’s IBIT, solidifying its position as…
The EU’s Digital Markets Act, an attempt to get tough with controversial business practices of giant technology corporations, took effect on March 7. The Digital Markets Act (DMA) was enacted and enforced by the EU late last year, but EU regulators set a 6-month deadline for six giant technology corporations to make changes to comply with the Act before it officially took full effect on March 7. Control of Big Tech is strengthened The DMA aims to curb six tech giants, which it calls the “gatekeepers”: Alphabet, Amazon, Apple, Meta, Microsoft, and ByteDance (China). 22 platform services, including Apple’s App Store,…
The transition from Web 2 to Web 3 has brought about significant changes, not only in technology but also in marketing strategies. Having navigated both spaces as a Product Marketing Manager, grasping these nuances has been pivotal for implementing effective strategies and achieving success. Let’s dive into the major disparities between Web 2 and Web 3 marketing strategies and explore what it takes to thrive in each domain. Web 2 vs. Web 3: Understanding the Basics Web 2: In the era of Web 2, marketing strategies revolved around centralised platforms and traditional advertising methods where data ownership lies within a…
Selected participants in the initiative will gain access to ChainGPT’s suite of AI-powered blockchain tools, including its APIs and SDKs, enabling streamlined development and scalability. ChainGPT, the AI-powered Web3 infrastructure providing a diverse suite of tools and services, announces the launch of a grant program to help facilitate innovation at the crossroads of AI and blockchain. With a total of up to $1 million in grants available for startups across different development stages, ChainGPT will offer three tiers of funding: Scaling-focused growth grants, builder grants to kickstart early-stage innovation, and research grants for newly launched projects. Ethereum founder Vitalik Buterin…
The regulatory sandbox introduced by the Hong Kong Monetary Authority (HKMA) is a significant development in the realm of stablecoin regulation. By providing a controlled environment for testing and development, the sandbox aims to foster innovation while ensuring regulatory compliance and consumer protection. Hong Kong floats stablecoin sandbox Stablecoins, which are cryptocurrencies pegged to the value of fiat currencies like the U.S. dollar or the Hong Kong dollar, have gained traction in recent years due to their potential for facilitating faster and cheaper cross-border transactions. However, they also pose regulatory challenges related to issues such as money laundering, terrorist financing,…
Tokenize experiences and real-world assets in six regions of Japan Tokyo, JAPAN – Hakuhodo Inc., an integrated marketing and innovation company headquartered in Tokyo, and Japan Airlines Co., Ltd. (JAL) today announced that they will jointly undertake a second round of demonstration experiments of KOKYO NFT from February 2024. The project tokenizes special local experiences and real-world assets (RWAs) (*1) as non-fungible tokens (NFTs) (*2) to turn Japanese and international purchasers into relationship populations of the areas. In February 2023, Hakuhodo and JAL conducted their first round of demonstration experiments (*3) on the creation of relationship populations using KOKYO NFT, NFTs that…
The Central American nation’s Bitcoin stash is now worth more than $200 million, and recent government initiatives have been adding even more. Salvadoran President Nayib Bukele’s Bitcoin buying strategy has been paying off for El Salvador, which is now making 70% on the dollar cost average purchase price following a recent Bitcoin rally. El Salvador’s crypto treasury is now $85 million in profit, according to the Nayib Bukele Portfolio Tracker website, with BTC prices hitting a new all-time high above $72,000 on March 11. The Central American nation began buying BTC in September 2021 when it made the asset legal…
Lucidia launches suite of innovative 24 products, integrating blockchain into the experience to redefine the gamer experience, targeting the rapidly growing Middle Eastern market with its young demographic. Leading game studio and publisher Lucidia, announced its ambitious vision to lead the Web3 gaming revolution in its home markets. Specializing in the integration of blockchain technology into gaming, Lucidia is set to redefine the gaming experience with its suite of 24 ground-breaking products. The company’s strategy focuses on blending traditional gaming with the transformative potential of blockchain, catering to the vibrant and rapidly expanding gaming community in the Middle East. Feras…
