Month: May 2023
Revolutionary Crowdfunding Platform For AI Startups, InQubeta launches QUBE Presale
Reading time: 2 minutes Mahe Island, Beau Vallon, Seychelles, May 31st, 2023, Chainwire InQubeta, a pioneering platform in the crypto crowdfunding space, is thrilled to announce the launch of
Monthly Trading Volume on Crypto Exchanges Falls to Lowest Level Since 2020
Reading time: < 1 minute Monthly cryptocurrency exchange volumes are predicted to reach their lowest level since October 2020, currently standing at $424 billion in May.
Bumper’s Breakthrough DeFi Protocol Set to Reshape Options Pricing
Reading time: 2 minutes London, United Kingdom, May 31st, 2023, Chainwire Marking a seismic shift in the digital asset landscape, DeFi platform Bumper today unveiled the findings of their
Tether Will Mine BTC in Uruguay
Reading time: < 1 minute Tether has announced it is entering the Bitcoin mining and energy production space.
Chainalysis Purchases Crypto Data Firm Transpose
Reading time: < 1 minute Chainalysis, a crypto analytics firm, has acquired Transpose, a blockchain data and infrastructure company, for an undisclosed amount.
MetaZone Secures Funding to Expand the World’s First Tokenized App Platform for the Metaverse
Reading time: 3 minutes Singapore, Singapore, May 30th, 2023, Chainwire MetaZone announced today the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion and CMT
US Negotiators Leave 30% Tax on Crypto Mining Out of Agreement to Increase Debt Limit
Reading time: < 1 minute The CEA proposed the tax as a measure to minimize the impact on climate change, and suggested levels of 10%, 20%, and 30% phased in within three years.
Santiment: Number of Active BTC Addresses Hits Highest Level Since Beginning of May
Reading time: < 1 minute Santiment has noticed a considerable uptick in Bitcoin’s activity on its network, showing an impressive number of 960,000 addresses daily sending and receiving cryptocurrency, its highest since May 3.
USDT’s Market Share Exceeds USDC’s Due to Growing Economic Uncertainty
Reading time: < 1 minute Over the past year, the market share of USD Coin (USDC) has decreased from 34.9% to 23.1%, while Tether (USDT) has increased from 47% to 65.9%.
The Sales of Hardware Wallet Maker Trezor Rise By 900% Amid Ledger Controversy
Reading time: < 1 minute Trezor has reported a 900% weekly increase in sales following controversy within the cryptocurrency community surrounding Ledger’s seed recovery option.