bitcoin news

  • No more panic? Crypto resilient after Binance lawsuit, but BNB hits a 6-month low

    Binance Coin has fallen by double digits after SEC initiates investigations on exchange The rest of the crypto sector remains resilient, with AltSignals having potential $ASI presale demand could fuel the price increase when the token lists on exchanges News that the US Securities and Exchange Commission has sued Binance and later Coinbase could be The post No more panic? Crypto resilient after Binance lawsuit, but BNB hits a 6-month low appeared first on CoinJournal.

  • Decentralized wireless network operator World Mobile to launch African expansion

    World Mobile successfully completed field tests of its DeWi technology in three African countries. The countries selected for the tests were Kenya, Mozambique, and Nigeria. The successful field tests follow the launch of World Mobile’s commercial network in Zanzibar. Decentralized wireless network World Mobile, which also operates the World Mobile Token (WMT), has announced that The post Decentralized wireless network operator World Mobile to launch African expansion appeared first on CoinJournal.

  • Arbitrum-based Jimbos Protocol hacked for $7.5M, JIMBO price drops 40%

    The Jimbos Protocol team acknowledged the hack and said it had contacted law enforcement. Blockchain security platform PeckShield noted the attack followed a compromise on Jimbos liquidity conversion mechanism. The price of JIMBO, the underlying liquidity token, fell by 40% as the market reacted to the hacking news. Arbitrum-based Jimbos Protocol was hacked on the The post Arbitrum-based Jimbos Protocol hacked for $7.5M, JIMBO price drops 40% appeared first on CoinJournal.

  • Blockchain Pioneer Acquires International Fashion House Blk DNM

    Stockholm, Sweden, June 7th, 2023, Chainwire ChromaWay to Integrate Blockchain Capabilities into BLK DNM, Pioneering Connected Fashion, and Inspiring Responsible Industry Behaviors Stockholm’s headquartered blockchain technology company ChromaWay today reveals its acquisition of the iconic Swedish-American fashion brand BLK DNM. The acquisition aligned with the recent relaunch of BLK DNM as a modern, community-driven fashion The post Blockchain Pioneer Acquires International Fashion House Blk DNM appeared first on CoinJournal.

  • BinaryX and AiGC Labs Developing First AI-Powered Virtual Reality Game on the Metaverse

    Singapore, Singapore, June 7th, 2023, Chainwire BinaryX today announced their plans to expand into Virtual Reality (VR) and Artificial Intelligence Game Content (AIGC). Building upon their GameFi expertise, BinaryX has reportedly entered into agreements with their VR and AIGC partners, AiGC Labs, to develop a groundbreaking new GameFi genre of AI-based VR games. First AI-Powered The post BinaryX and AiGC Labs Developing First AI-Powered Virtual Reality Game on the Metaverse appeared first on CoinJournal.

  • OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions

    ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of segregated assets under custody through The post OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions appeared first on CoinJournal.

  • Spheroid Universe Coin to be Listed on MEXC Exchange

    Dubai, United Arab Emirates, June 5th, 2023, Chainwire Spheroid Universe, a futuristic Metaverse that augments the real world in every part of the Earth, is announcing that their token, SPH, will officially be listed on MEXC today, on June 5th. Founded in 2018, MEXC (also known as MEXC Global) is a rapidly-growing cryptocurrency exchange with The post Spheroid Universe Coin to be Listed on MEXC Exchange appeared first on CoinJournal.

  • STEPN’s Find Satoshi Lab unveils AI tool that generates NFTs from selfies

    The GNT platform uses advanced AI algorithms to turn images into unique artwork Find Satoshi Lab (FSL) says GNT V3 pushes the boundaries of creativity and self-expression. Users will be able to mint NFTs from their selfies on Solana. Find Satoshi Lab (FSL), the Web3 studio behind STEPN, has announced an artificial intelligence (AI)-powered tool The post STEPN’s Find Satoshi Lab unveils AI tool that generates NFTs from selfies appeared first on CoinJournal.

  • The largest airline in Japan launches NFTs marketplace

    Air Nippon Airways (ANA), the largest airline in Japan, launched an aeronautical-themed NFTs marketplace. Air Nippon Airways partnered with its subsidiary ANA Neo to develop the platform. Air Nippon Airways is currently expanding into Web3. The largest airline in Japan, Air Nippon Airways (ANA), has today launched an aeronautical-themed non-fungible tokens (NFTs) marketplace with its The post The largest airline in Japan launches NFTs marketplace appeared first on CoinJournal.

  • Decentralized wireless network operator World Mobile to launch African expansion

    World Mobile successfully completed field tests of its DeWi technology in three African countries. The countries selected for the tests were Kenya, Mozambique, and Nigeria. The successful field tests follow the launch of World Mobile’s commercial network in Zanzibar. Decentralized wireless network World Mobile, which also operates the World Mobile Token (WMT), has announced that The post Decentralized wireless network operator World Mobile to launch African expansion appeared first on CoinJournal.

  • JPMorgan teams up with six Indian banks to build a blockchain-based platform

    The blockchain-based platform is aimed at settling interbank dollar transactions. The move is part of the Indian government’s strategy to elevate GIFT City to the League of Cities like Singapore. The parties will launch a pilot project over the next few months in order to analyze the banks’ experience. American multinational financial behemoth JPMorgan Chase The post JPMorgan teams up with six Indian banks to build a blockchain-based platform appeared first on CoinJournal.

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  • Reddit Collectible Avatars holders approaching 10M 11 months after launch

    Currently, there are currently 9,909,465 Reddit Collectible Avatar Holders. Out of that, 7,650,072 are single Collectible Avatar Holders. The “Reddit NFTs” were launched in July 2022. With a month to a year since its launch, the Reddit Collectible Avatars holders are 90,535 shy of hitting the 10 million milestone according to data revealed by Dune. The post Reddit Collectible Avatars holders approaching 10M 11 months after launch appeared first on CoinJournal.

  • US default will see Bitcoin become a more trusted safe haven asset than the dollar, survey says

    Retail investors would prefer Bitcoin over the dollar in case of a default, a new survey says. A US default could be here as early as June 1, experts have warned. Standard Chartered analyst Geoff Kendrick previously predicted a 70% jump for Bitcoin price in case of a US default. A new survey has found The post US default will see Bitcoin become a more trusted safe haven asset than the dollar, survey says appeared first on CoinJournal.

  • CFTC wins a record $3.4B penalty payment in a Bitcoin-related fraud case

    This is the largest fraud case involving Bitcoin that CFTC has cracked so far. The case involved the CEO of Mirror Trading International Proprietary Limited (MTI). Half of the $3.4B will go toward providing restitution to victims of MTI’s fraudulent activities. A Texas court has ordered Johannes Steynberg, the CEO of Mirror Trading International Proprietary The post CFTC wins a record $3.4B penalty payment in a Bitcoin-related fraud case appeared first on CoinJournal.

  • 1 quadrillion yUSDT minted in Yearn Finance exploit

    The hack was detected by blockchain security firm PeckShield. The hacker swapped the yUSDT to other stablecoins. The hacker has also transferred 1,000 Ether to Tornado Cash. Blockchain Security firm PeckShield recently detected an exploit on the lending platform Yearn Finance that resulted in an irregular minting of over 1 quadrillion Yearn Tether (yUSDT) using The post 1 quadrillion yUSDT minted in Yearn Finance exploit appeared first on CoinJournal.