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Blockchain TechnologyCoinEx Research: Ethereum and Bitcoin Show Divergent Paths in August’s Turbulent Crypto Market

CoinEx Research has released its comprehensive report on the cryptocurrency market for August, highlighting significant volatility, recovery, and key developments throughout the month. Bank of Japan Rate HikeThe decision by the Bank of Japan to increase interest rates led to significant market turmoil, triggering a global sell-off. Bitcoin, in particular, closed the month near $58,000. Bitcoin balances on exchanges dropped to a 2024 low of 2.39 million BTC, struggling to regain its footing amidst these economic shifts. Market ConditionThe cryptocurrency market is currently in a state...

by PRNewswire

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Blockchain TechnologyAntier Introduces Lightning-Fast Asset Tokenization Platform Development Services

Asset tokenization has rapidly emerged as a groundbreaking innovation in the financial world, fundamentally transforming how assets are represented, traded, and managed. By converting real-world assets—such as real estate, commodities, and financial instruments into digital tokens on a blockchain, asset tokenization offers new levels of liquidity, transparency, and efficiency. As a trailblazer in blockchain development, Antier is at the forefront of revolutionizing how assets are managed and traded. Its advanced asset tokenization platform development services set...

by PRNewswire

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Blockchain TechnologyDeFi Technologies and Professional Capital Management Partners to Enter U.S. ETF Market

DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce that it has partnered with Professional Capital Management, a disruptive investment firm focused on serving self-directed investors with unique capital allocation opportunities. This strategic partnership will focus on identifying and capitalizing on market entry opportunities within the rapidly expanding exchange-traded...

by PRNewswire

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Blockchain TechnologyBlockchain-based data storage: Dwinity opens new possibilities for Predictive AI

Current methods of using big data and AI are far from sufficient to publish new trustworthy AI applications – there is still a lack of high-quality data. Only a decentralized solution for data storage can help people make their most valuable data available for the common good or for use in commercial research. Dwinity, a German tech startup from Munich, is tackling this problem with a data ecosystem centered around a decentralized, secure and anonymous storage location for sensitive...

by PRNewswire

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Blockchain TechnologyQuidax Becomes Nigeria’s first SEC licensed Crypto Exchange

On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange. The license which was presented by the Securities and Exchange Commission grants Quidax the permission to operate as a registered crypto exchange in Nigeria as the nation begins the formal recognition and much needed regulatory oversight, to the cryptocurrency industry. Speaking on the development, Buchi Okoro, Co-founder and CEO of Quidax said “At Quidax, the customer is...

by PRNewswire

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Blockchain TechnologyUnitas Protocol Upgrades Smart Contract and Completes Security Audit By ChainLight

Unitas, a DeFi stablecoin protocol addressing emerging markets’ dollar shortage issues in transactions and cross-border payments, has successfully upgraded its smart contract to the second stage. Prior to deployment, the smart contract was audited by ChainLight, a trusted Korea-based security firm under Theori with expertise in both Web2 and Web3 domains. As a result, there is no high or critical issues found in Unitas Protocol, and 3 medium and 3 informational issues identified by ChainLight were fixed by the...

by PRNewswire

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Blockchain TechnologyBybit Empowers Turkish Users with Direct TRY Trading Pairs

Bybit Türkiye, the partner site of Bybit.com announces the highly anticipated launch of TRY (Turkish Lira) trading pairs on its Spot market. This exciting development empowers Turkish users to seamlessly buy and sell Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) directly with TRY, eliminating the need for conversion steps. Building upon the recent rebranding, this launch underscores Bybit Türkiye’s commitment to providing a user-friendly and localized experience for the Turkish crypto community. Direct Access to Top Cryptocurrencies with TRY Starting on August 30th, 2024, Bybit Türkiye...

by PRNewswire

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Blockchain TechnologyIDA, a Hong Kong-based Fiat-referenced Stablecoin Issuer, Raised USD6 Million Seed Round Led by CMCC Global and Hashed

IDA, a premier Hong Kong-based digital asset company, has raised USD6 million in a seed funding round led by prominent blockchain investors CMCC Global, under its Titan Fund, and Hashed. This capital injection will enable IDA to advance the development and launch of its first fiat-referenced stablecoin, HKDA, which is designed to be regulated in Hong Kong. Additional participants in this round also include Hack VC, Anagram, GSR, Protagonist, Brinc, Chorus One, Kenetic, SNZ, and Yolo Investments as well as notable angel investors, such as Raj Gokal, Co-founder of Solana. Aside from providing funding, leading blockchain...

by PRNewswire

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Blockchain TechnologyCoinEx Unveils Enhanced Token Information Page for CET

CoinEx is pleased to announce the launch of an enhanced information page for its native token, CET. This update is part of our ongoing commitment to transparency and providing our users with detailed, accessible information about the digital assets within our ecosystem. The newly updated page offers an in-depth look at CET, covering all aspects of the token’s structure and functionality. Users will now find comprehensive details on the total issuance of CET, offering a clear...

by PRNewswire

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Blockchain TechnologyHong Kong Web3 Festival Set for Its Third Edition from April 6 to 9, 2025

Hong Kong Web3 Festival, co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that convenes the world’s smartest minds in the Web3 and crypto space. Its previous editions, which took place in April 2023 and 2024, brought together over 250 exhibitors, more than 800 speakers, 80,000 visitors and 300 side events. Previous speakers in 2023 and 2024 included prominent figures like Vitalik Buterin, Co-founder of Ethereum, and Cathie Wood, Founder, CEO and CIO of ARK...

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