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July 15, 2023 by cryptoadmin

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MEXC Ventures makes eight-figure investment in Toncoin and launches strategic partnership with TON Foundation

Zug, Switzerland, October 4th, 2023, Chainwire MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation. This symbiotic partnership represents the shared vision of both companies in promoting global Web3...
Dan Dolev sees Coinbase missing Q3 revenue estimates by 10%

Mizuho analyst forecasts up to $652 million in revenue for Coinbase in Q3. Dan Dolev continues to see sharp downside in the crypto stock to $27. Coinbase shares are already down roughly 35% versus their YTD high. Mizuho lowered its quarterly revenue estimate for Coinbase Global Inc on Wednesday. Its shares are down 1.0% at writing. Dan Dolev shares his view on Coinbase Dan Dolev...
Raydium price prediction as momentum builds and Memeinator presale surge

RAY token surges 17% in 24 hours, eyes $0.240 resistance as technical indicators turn bullish. Memeinator’s presale exceeds $500,000 in less than 48 hours, aiming to reshape the meme coin landscape. Raydium’s momentum and Memeinator’s success captivate the cryptocurrency community. Raydium’s native utility token, RAY, has been making waves in the crypto market, exhibiting a remarkable surge in its price. Over the past...
Norwegian Gambling Authority steps up oversight of online casinos

Norway’s online casino market faces increased scrutiny Lotteritilsynet oversees banks to enforce a ban on transactions with illegal online casinos in Norway. EGBA urges Norway to adopt a licensing model for online gambling, citing the need for diversity and player safety. In a bid to further regulate the online casino market including the rapidly growing crypto gambling and reduce illegal gambling, the Norwegian...
Polygon price prediction as Shiba Memu presale surges above $3.55M

Rising Polygon prices are attributed to adoption, utility, and partnerships. Polygon’s Q3 innovations boost its position in the crypto market. Shiba Memu’s presale success is driven by an autonomous marketing approach and AI technology. In the world of cryptocurrency, exciting developments are constantly unfolding, and Polygon (MATIC) is no exception. While Polygon has been making waves in the crypto space, another token, Shiba...
Crypto hacks and scams grew by over 150% in Q3 2023: Immunefi report

Key takeaways The number of crypto hacks and scams surged by 153% in the third quarter of the year. Nearly $700 million was lost to hacks and scams in the last quarter. Crypto investors lost nearly $700 million to hacks and scams Blockchain security platform Immunefi published its quarterly industry security report for the third quarter of 2023. Per the report, crypto and web3 projects recorded...

Norwegian Gambling Authority steps up oversight of online casinos

Norway’s online casino market faces increased scrutiny Lotteritilsynet oversees banks to enforce a ban on transactions with illegal online casinos in Norway. EGBA urges Norway to adopt a licensing model for online gambling, citing the need for diversity and player safety. In a bid to further regulate the online casino market including the rapidly growing crypto gambling and reduce illegal gambling, the Norwegian...
Memeinator raises over $500k less than a week after presale launch

Key takeaways The Memeinator presale launched a few days ago, and the team has raised more than $500k so far. The token’s price will increase to $0.0118 in the next presale round. Memeinator’s presale is now finally live and has attracted interest from investors. The project has already raised considerable amounts over the last few days despite the bearish trend in the market...
Grayscale to convert its Ethereum Trust to a spot ETH ETF: Will that boost institutional interest in altcoins

Key takeaways Grayscale has filed to convert its Ethereum Trust to a spot ETH exchange-traded fund (ETF). Shiba Memu’s presale has now officially surpassed the $3.5 million mark. The cryptocurrency market has underperformed over the last few hours, but that hasn’t halted investors’ interest in several crypto projects. Shiba Memu’s presale has now officially surpassed the $3.5 million mark, and the team is...
Google Cloud is now a validator on Polygon

Polygon Labs has announced that Google Cloud is now a validator on Polygon PoS network. The new validator will bring “same infrastructure” powering YouTube and Gmail. Google Cloud joins recent addition Deutsche Telekom.
Polygon Labs has announced that Google Cloud is now officially a validator on the Polygon PoS network. The company revealed the development in a post on X on September 29. Google...
Coinbase expands futures trading services globally

Coinbase International Exchange has received regulatory approval. The approval underscores the company’s commitment to global expansion. Coinbase’s CEO continues to advocate for regulatory clarity. Coinbase, a leading cryptocurrency platform, has achieved a significant milestone by gaining regulatory approval from the Bermuda Monetary Authority (BMA) to offer perpetual futures trading services to retail customers outside the United States. This development marks a strategic move to...
Crypto.com to become the preferred exchange of PayPal USD (PYUSD)

TL;DR Crypto.com has entered into a strategic partnership with PayPal and Paxos. The partnership will see Crypto.com become the primary cryptocurrency exchange of PayPal’s PYUSD stablecoin. Crypto.com partners with Paxos and PayPal Cryptocurrency exchange Cypto.com announced in a press release on Thursday, September 28th, that it has partnered with PayPal and Paxos. The primary goal of the partnership is to make Crypto.com the preferred PayPal...