Zurich, Switzerland, May 3rd, 2024, Chainwire Galaxis is preparing for this month’s token launch on Bybit, with the first phase commencing through the IDO. To further enhance this launch, Galaxis has announced a substantial $1,000,000 Community Creator and Community Member Grant Program. This initiative incentivizes both community creators and members for active engagement in the […]
Tag: STO
Dutch police arrest suspect in $30 million ZKasino scam
Dutch police arrested a 26-year-old man on April 29. The arrest is connected to the ZKasino crypto gambling scam that involves over $30 million. Police have seized 11.4 million euros ($12.2 million) in crypto and other assets from the suspect. Dutch police have arrested a 26-year-old man amid a law enforcement investigation around ZKasino. The […]
ASIC Scores Legal Victory: BPS Financial Found Guilty in Qoin Wallet Case
The Federal Court has found BPS Financial Pty Ltd (BPS) guilty of engaging in unlicensed conduct concerning the ‘Qoin Wallet’, a non-cash payment facility utilizing a crypto-asset token known as ‘Qoin.’ The judgment was delivered by Justice Downes in proceedings brought by ASIC. Further Proceedings Ordered by the Court The court determined that BPS, from […]
Coinbase Rides Bitcoin ETF Wave as Profits Soar past $1B in Q1
Coinbase has released its first quarter report for 2024, showcasing a substantial 72% quarter-on-quarter increase in total revenue to $1.6 billion. This surge was accompanied by a notable net income of $1,176 billion, representing an increase of 1,588% YoY. This figure represents a turnaround from a net loss of $79 million in the same period […]
PayPal Partners with MoonPay to Expand Crypto Adoption in the US
MoonPay has partnered with PayPal to introduce a crypto purchasing option for cryptocurrency app users in the US. This service enables users to use PayPal for transactions via wallet transfers, bank transfers, and debit cards. The integration promises to enhance the accessibility and convenience of buying and trading cryptocurrencies by bridging the gap between traditional […]
The Urgent Need for Forex Brokers to Embrace Spot Crypto, Not Just CFDs
There’s a Shiny New Toy, and it’s Not Crypto CFDs Twenty-five years ago, FX introduced the retail market to the concept of trading online 24 hours a day, which was a novel and exciting development at the time. The ability to discover prices and execute trades in real-time, even during nighttime hours, made the market […]
Beyond Tokens: The Web3 World of Forex, Commodities, & Liquid Staking Derivatives Trading
Over the last couple of years, the realm of real-world assets (RWAs) has witnessed a remarkable surge. Simply put, RWAs are a class of crypto tokens that represent tangible assets existing outside of the existing digital spectrum. In this regard, recent data suggests that since 2020, commodity-backed tokens alone have amassed a substantial market capitalization […]
Proof of Pitch: Revolutionizing the Pitch Competition Landscape with AI-Driven Insights and Top Web3 VC
Paris, France, April 25th, 2024, Chainwire Prize pool of over 1M€ value including media grant from Cointelegraph Proof of Pitch is part of Proof of Talk, where All Global Leaders in Web3 Meet 10-11 June 2024, Museum of Decorative Arts (MAD), Louvre Palace, Paris In a ground-breaking shift from traditional pitch competitions, Proof of Pitch […]
Investing In The Root Network (ROOT) – Everything You Need to Know
The Root Network (ROOT) is a pioneering project that seeks to drive Web3 and metaverse adoption through a selection of helpful tools and services. The protocol helps to streamline the creation of metaverse dapps and enables developers to focus on creativity rather than worrying about creating required functionality. Here’s everything you need to know about […]
From Skepticism to Adoption: How to Craft Press Releases That Address Crypto Concerns
When Bitcoin first came on the scene over a decade ago, most people kind of scratched their heads at the idea of digital money without a bank behind it. It seemed pretty out there, and a bit too risky for most people to entertain. But flash forward to today, and the crypto industry is now […]