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Conflux Network Introduces AxHKD, Hong Kong Dollar-Backed Stablecoin

[PRESS RELEASE – Toronto, Canada, March 8th, 2024] Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar (HKD)-backed stablecoin, AxHKD. Built by local fintech company AnchorX, the stablecoin will be launched on Conflux Network initially, followed by Ethereum. Conflux […]

Crypto Price Analysis Mar-8: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum was impressed with another excellent performance this week, which increased by 15%. The price is now only 23% from the all-time high. After BTC broke its ATH, it seems ETH may be the next major cryptocurrency to […]

Shiba Inu (SHIB) Bull Run Continues as This Important Metric Soars by 2000%

TL;DR Shiba Inu (SHIB) experienced a substantial 250% price surge over two weeks, with its market cap exceeding $25 billion, driven by more activity and interest in its ecosystem. Developments such as an increase in token burning and the growth of Shibarium are key factors behind the surge, positioning SHIB for potential further gains. Shiba […]

Stablecoin Standard and Aleph Zero Announce Strategic Partnership to Facilitate the Future of On-Chain Commerce

[PRESS RELEASE – London, United Kingdom, March 7th, 2024] Stablecoins pegged to fiat currencies are key for mainstream blockchain adoption, but only if transactions remain private. Stablecoin Standard, the industry body for stablecoin issuers globally, and Aleph Zero, a privacy-enhancing layer 1 blockchain announce their strategic partnership aimed at stimulating commerce on chain. By partnering […]

New Modular Blockchain Blackwing Raises $4.5 Million to Build Liquidation-Free Trading

[PRESS RELEASE – New York, United States, March 7th, 2024] Blackwing has completed a $4.5 million funding round led by Hashed and Gumi Cryptos. The investment is for the development of the first modular layer 2 blockchain designed for liquidation-free leveraged trading for any asset. The blockchain uses an innovative approach called Limitless Pools, enabling […]

Investors Prefer Bitcoin ETFs Over Gold as Both Asset Hit ATHs

Bitcoin ETFs are receiving increased interest from investors as their preference shifts towards BTC over traditional investments such as gold, even though both assets have recently hit new all-time highs (ATHs). On Tuesday, Bitcoin skyrocketed above $69,000, momentarily establishing a new record before experiencing a notable pullback. Bitcoin Surpasses Gold in ETF Inflows Traditionally viewed […]