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Home2023August

Month: August 2023

Shiba Inu hints at making Shibarium public soon
NFT

Shiba Inu hints at making Shibarium public soon

August 30, 2023 CryptoExpert

Progress is underway in the field of blockchain technology, with the highly anticipated public launch of the Shibarium layer-2 version happening soon. The Shiba Inu team has announced that the platform is running smoothly and just […]

Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks
NFT

Friend.tech generates over $1M fees in 24h, surpassing Uniswap, Bitcoin networks

August 30, 2023 CryptoExpert

Friend.tech, a recently released decentralized social (DeSo) network, generated over $1 million in fees in 24 hours on Aug. 19, outperforming established players in the crypto ecosystem, including Uniswap and the Bitcoin network. The platform […]

SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week
Bitcoin

SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

August 30, 2023 CryptoExpert

The United States Securities and Exchange Commission is facing its first deadlines to decide on seven spot Bitcoin (BTC) exchange-traded fund applications, with the latest being Sept. 4 amid its defeat to Grayscale Investments in […]

Investment Giants Join The Ethereum ETF Race
Ethereum

Investment Giants Join The Ethereum ETF Race

August 30, 2023 CryptoExpert

ARK Invest and 21Shares have been the latest prominent players to apply for an Ethereum futures exchange-traded fund (ETF). The application was co-filed with the U.S. Securities and Exchange Commission on August 24, 2023. Will […]

Blockchain

Researchers develop crypto literacy scale to measure consumer financial awareness

August 30, 2023 CryptoExpert

A trio of researchers from the University of Cincinnati recently developed a crypto literacy scale (CLS) to help standardize and measure economic and financial knowledge as it relates to consumer and policymaker understanding of cryptocurrencies […]

US Congressman Calls to Dismiss Gensler as SEC Chair Following Grayscale Ruling
Cryptocurrency

US Congressman Calls to Dismiss Gensler as SEC Chair Following Grayscale Ruling

August 30, 2023 CryptoExpert

Source: Adobe / Getty Images US Congressman Warren Davidson of Ohio has called for the removal of Gary Gensler as  Securities and Exchange Commission (SEC) chair following the Grayscale ruling on Tuesday.  Reacting to the […]

Tether adds Bahamas-based private bank Britannia as partner: Report
Altcoin

Tether adds Bahamas-based private bank Britannia as partner: Report

August 30, 2023 CryptoExpert

Tether, the stablecoin issuer behind USDT (USDT), has reportedly added Britannia Bank & Trust, a private bank based in the Bahamas to process dollar transfers on its platform. It is understood Tether has instructed clients to […]

Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss
Mining

Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss

August 30, 2023 CryptoExpert

Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite its increasing mining revenue and computing power. Per the unaudited financial report, the miner generated […]

EOS secures regulatory approval in Japan, will trade against yen
Regulation

EOS secures regulatory approval in Japan, will trade against yen

August 30, 2023 CryptoExpert

The EOS token has been granted whitelist approval by Japan’s crypto regulator, paving the way for the token to be traded against the Japanese yen on regulated exchanges in the country. In an announcement sent to […]

OnlyFans Parent Company Invested in ETH, Recent Filing Shows  
Business

Here’s How Much Money OnlyFans Lost on Its ETH Investment

August 30, 2023 CryptoExpert

OnlyFans’ parent company, Fenix International, recently filed an accounting statement for 2022, which reveals that the company invested part of its working capital into ETH. Although the firm didn’t reveal how much Ether it held, […]

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