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As businesses in Iran seek new ways to bypass sanctions , the country has welcomed a de centralized crypto exchange and a non-custodial crypto wallet. According to TRM Labs, a blockchain intelligence company, Iran’s largest centralized crypto exchange , Nobitex launched two de centralized finance services in August 2023: Nobidex, a de centralized crypto exchange , and Locket Wallet, a non-custodial crypto wallet, in an effort to evade sanctions imposed against the country in response to the nuclear program. Nobidex currently supports only the Arbitrum sidechain, offering trading pairs such as WBTC/USDT, LINK/USDC, ARB/USDT, WETH/USDT and WETH/USDC. However, the exchange is expected to support other blockchain networks such as Ethereum (ETH), BNB Chain (formerly Binance Smart Chain), Polygon (MATIC), Tron (TRX), and others. You might also like: Nobitex and Tron dominated Iran trading volumes in 2022 TRM Labs notes that users can access the platform without g...

Following the introduction of Shibarium, the community-led initiative appears to be moving towards more substantial developments. In a recent post on X, Shiba Inu’s marketing strategist, Lucie, disclosed significant information about an upcoming application designed to bolster the project’s community by fostering connections, sharing, and encouraging creative contributions. Lucie revealed information about an entirely new application known as the Shiba Hub. The SHIB team member called it a “gateway to something remarkable. Moreover, Lucie encouraged the community to keep an eye out for an exciting graphic set to debut on Shibarium soon. Additionally, Lucie shared a video that provided further details. According to the video, the Shiba Hub is set to become a “super app” with the goal of boosting the crypto community. It is custom-designed to meet users’ daily needs and elevate their Shibarium experience. Shiba Hub is not just another app. ...

The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon. NASA and its partners Lonestar, a computing startup based in Florida, and the Isle of Man, will send a payload to the Moon containing “data cubes” in February of 2024. The data secured in these cubes will be verified back on Earth using blockchain technology. If all goes to plan, when NASA launches its second crewed mission, Artemis 3, in 2025, the same blockchain technology will verify once-and-for-all and immutably that humans have landed on the Moon. Suit Up! Today, the #Artemis II crew and @NASAGroundSys successfully conducted a launch day demonstration. The demo included test spacesuits, a ride to Launch Complex 39B, and going up the mobile launcher to the crew access arm white room.https://t.co/vHl28fVSYR pic.twitter.com/7ed1hGvvy4 — NASA's Kennedy Space Center (@NASAKennedy) September 20, 2023 NASA’s Artemis mission is...

Memeinator opens presale on 27th September 2023. The project aims to destroy weak meme crypto currencies. The potential for Memeinator is huge, with a 132% ROI during the presale period. “Your meme’s survival is not up to you. It’s up to me,” the upcoming Memeinator (MMTR) has warned. As the 27th September presale date approaches, Memeinator has been gathering fans. The project recorded over 1,000 sign-ups 20 minutes after its website went live. 5,000 also joined Memeinator’s Twitter and Telegram pages within a day of the site launch. But what is all the enthusiasm about Memeinator and its upcoming  presale ?  A quick snapshot of meme cryptocurrencies Dogecoin and Shiba Inu have commanded presence as the leading meme crypto currencies. On CoinMarketCap, Dogecoin ranks at #7, while Shiba Inu is at #16 by market value. However, the wild success of the two low-utility tokens has attracted imitators. ...

A few hours ago, Bitcoin dropped below the $26,000 threshold and created a low of around $25,987. However, many in the community believe that BTC’s “fair value” is much higher. According to Mark Yusko, founder and CEO of Morgan Creek Capital Management, the largest crypto asset “fair value” currently stands at $100,000, despite its market price hovering around $25,000–$26,000. Using past precedents, Yusko pointed out that Bitcoin’s value increased from $100 to $1,000 and then from $1,000 to $10,000 following halving cycles in the past. In fact, he labeled these surges “parabolic blow-off tops.” Also Read: Bitcoin ROI ‘Close’ to Tesla, Nvidia Holding Bitcoin Has Been Profitable 86% of the Time At the beginning of September, UTXO Management’s Dylan LeClair pointed out that a major chunk of BTC’s circulating supply remains untouched. Specifically, in the one-month timeframe, only 5.4% of the circulating supply was moved. This marked an all-ti...

An under-the-radar, low-cap Ethereum (ETH) competitor surged by more than 61% this week as a flurry of exchanges launched perpetual futures contracts for its native asset. Ark (ARK) is an open-source, typescript-based, layer-1 blockchain protocol that aims to be simple and efficient. The project’s native token is trading around $0.607, up from $0.375 one week ago. The 219th-ranked crypto asset by market cap is also up nearly 11% in the past 24 hours. The project’s gains materialized this week as three notable exchanges launched ARK perpetual contracts. Binance, the largest crypto exchange in the world by trading volume, rolled out its ARK/USDT perpetual contract on Tuesday with up to 10x leverage. On the same day, Seychelles-based crypto derivative trading platform Deepcoin also launched an ARK/USDT perpetual contract. And on Friday, fellow Seychelles-based crypto exchange KuCoin also started offering an ARK/USDT-M perpetual contract. KuCoin’s ...

Takashi Murakami said he might step back from NFTs but stay involved in different ways, Krapoplis is set to debut on FOX this month and an NFT artist won a multi-million dollar contract dispute. Murakami to wind back from NFTs Acclaimed Japanese contemporary artist Takashi Murakami says he may not release anymore nonfungible tokens moving forward, after first jumping into the market in late 2021. Murakami is a world-renowned artist that has a career spanning back to the late 1980s. He has released two NFTs collections to date, firstly with the Clone X collection in partnership with RTFKT in December 2021, and then with the Murakami.Flowers collection in May 2022. Speaking with The Guardian in a Sept. 20 interview at the Asian Art Museum as part of his new solo art exhibition dubbed Unfamiliar People, Murakami simply stated: “Maybe I’m done releasing NFTs.” Murakami.Flowers NFTs. Source: OpenSea Murakami.Flowers in particular proved to be a challenging project for the artist, as he d...

Shiba Inu made its crypto market debut three years ago. On the back of several independent rallies, the asset peaked in 2021. Contrastingly, when the market conditions became bearish, SHIB registered a significant drawdown. However, similar to most other mid-cap assets, even Shiba Ing has managed to show resilience. At press time, the $4.28 billion market-capped asset was exchanging hands at $0.000007287. SHIB has significantly rallied since its early days. On Jan. 1, 2021, the asset was trading with ten zeros at $0.00000000077295. From this level, the asset is currently up by 9,427,418%. This means that $100 invested in SHIB at the beginning of 2021 would now be worth more than $9.42 million. SHIB Price | Source: CoinGecko Also Read: Shiba Inu: A $1,000 Investment Turns to $15 Million in Sept. 2023 State of Shiba Inu Investors The ‘entry time’ usually plays a crucial role while investing in cryptos. Identifying unconventional projects during their infancy and di...

NHN Corporation, a South Korean IT firm, has partnered with Mysten Labs, a company founded by former Meta executives. They now plan to launch their first gaming products on the Sui Network in 2024. While the financial details of the agreement remain undisclosed, the IT firm expressed its intent to investigate additional applications for Sui in web3 game development. NHN Corp. offers multiple services such as cloud, fintech, entertainment and advertisement, to 37 million customers. However, this is not the first time the firm is diving into blockchain and video games . In October 2021, they partnered with video game developer, WeMade Co., to build on the Wemix blockchain. You might also like: PUBG developer Krafton teases metaverse video game Overdare NHN PlayArt, the Japanese arm of NHN, became an initial validator on the Oasys blockchain in July 2022. In early September 2023, the Sui Foundation introduced zkLogin–based on zero knowledge, enabling users to easil...

X (formerly Twitter) has released an update on an impending expansion. X CEO, Linda Yaccarino, shared a short video revealing X’s proposed features. The integration of payments on X is prominently featured in the video. X (formerly Twitter) has released an update on an impending expansion to enhance its “Everything app.” The platform’s new CEO, Linda Yaccarino, shared a short video revealing X’s proposed Features . The integration of payments on the social media platform is prominently featured in the said video. The recent developments around X have triggered the enthusiasm of many crypto users, most of whom suspect that Dogecoin (DOGE) may be among the payment options on X when the time comes. The users’ suspicion is based on the affiliation of Elon Musk, former X CEO, with the meme coin. Musk has been vocal about his support for Dogecoin, even before acquiring Twitter and renaming it to X. Yaccarino’s post provided insight into the various Features t...

The fourth Bitcoin halving will occur in April 2024 Previous halvings have preceded sharp price rises  There are other factors at play, however, meaning caution should be taken when assuming that halvings for predictive power Before we get to the heart of this piece, let us present a chart. It shows the Nasdaq Composite, the tech-heavy American stock index. Marked on the chart are three as-yet-unnamed events. What do you notice? These events seem to all be followed by positive periods of expansion. They are, if you have not deduced by the title of this piece, the three Bitcoin halvings that have occurred to date.  You may sense where we are going with this, but it is surprising how often the timing of these halving s within a macro context is overlooked within the crypto space. Halvings mark the dates at which the block subsidy reward on the Bitcoin blockchain is halved, and occur every four years. In other word...

The Alchemy Pay platform supports payments in 173 countries. In January 2023, Alchemy Pay earned recognition as an official service provider by Visa, In June 2023, Alchemy Pay was included as one of the compliant service providers within Mastercard’s Site Data Protection program. Alchemy Pay, a cryptocurrency payment gateway, is significantly expanding its global presence following the successful acquisition of a significant payment license in the United States. On September 20, the company officially announced that it had secured a Money Transmitter License in the state of Arkansas. The license was granted by the Arkansas Securities Department and empowers Alchemy Pay to offer a wide range of financial services, including the sale and issuance of payment instruments, stored value, prepaid access, as well as the receipt and transmission of money, virtual currency, and monetary value. The news resulted in a significant surge in the price of Alchemy Pay ...

Squashing September scares away, Bitcoin achieved a significant surge this month. Traditionally, this period has tended to be unfavorable for the leading cryptocurrency . However, in the past few days, BTC has experienced an increase in value, rising from a low point of nearly $25,000 to reach as high as $27,000. Over the past two weeks, Bitcoin has demonstrated a 5.5% increase in its value. It looks like the asset was setting the stage for a potential surge that is underway. As per a recent Matrixport report, Bitcoin is projected to reach a peak of $37,000 by the end of 2023. Furthermore, this forecast is notably supported by the potential for an upswing in October. The cryptocurrency service provider emphasized that historically, the last quarter of the year has been Bitcoin’s strongest. This is in terms of performance, boasting an average return of over 35% over the past nine years. Source As seen in the image, October has consistently appeared as one of the most bullish m...

Bitcoin (BTC) futures trading volume dropped by more than half in September, led by Binance volume s falling. According to a Sept. 19 K33 Research report, Bitcoin spot futures trading volume s fell by 57% since the beginning of September — with Binance being a key driver with a 48% fall. Bitcoin spot volume s also fell by 8% over the last seven days due to the fall in trading activity in Binance, while combined volume s on other exchanges stayed at a relatively steady level. K33 Senior Analyst Vetle Lunde and Vice President Anders Helseth noted in the report that despite the fall in futures volume , indicators suggest a growing bullish sentiment among Bitcoin futures traders on the Chicago Mercantile Exchange (CME) — following the bearish sentiment reported in mid-August. Bitcoin’s open interest from active market participants on CME Bitcoin futures increased by 19% over the past week alone, with premiums also increasing. On the other hand, CME’s Ethereum (ETH) ope...

Initially offered $200,000 annually at FTX, Bankman sought $1 million, even involving SBF’s mother in the negotiations. A new court filing reveals that Sam Bankman-Fried’s (SBF) father was unhappy with his salary at FTX, so he dragged SBF’s mother into the discussion to “enrich themselves.” Per the court filing, Joseph Bankman had an initial salary of $200,000 yearly at FTX before the collapse. Still, he desired a $1 million annual compensation for his involvement in the company.  You might also like: FTX sues SBF’s parents over misappropriating ‘millions’ of dollars Moreover, Bankman pulled Barbara Fried, SBF’s mother, into the discussion to get the desired salary.  “Gee, Sam I don’t know what to say here. This is the first [I] have heard of the 200K a year salary ! Putting Barbara on this.” Bankman told SBF, per the court filing. According to the recent filing, SBF soon gifted $10 million from funds generated from FTX’s hedge fund, Alameda Research Ltd. In additi...

New data from crypto analytics firm Santiment shows that a Shiba Inu (SHIB) competitor is skyrocketing in one key metric relative to other altcoins. According to Santiment, Dogelon Mars (ELON) is soaring in terms of social metrics, significantly surpassing all other digital assets. T Santiment’s metric tracks mentions of cryptocurrencies on social media platforms in the last 24 hours. According to Santiment, more than 62% of the discussion on social media about ELON is considered positive while about 19% is negative and another approximately 19% is neutral. Says Santiment, “Dogelon Mars is the fastest rising asset in crypto, in terms of discussion rate percentage increase. The token has also been seeing recent spikes in network growth, indicating new addresses are being generated at an increased rate.” Source: Santiment/X The memecoin’s name comes from a mashup of Dogecoin (DOGE) and Elon Musk, the billionaire entrepreneur who also has spoken out i...

Thailand’s Revenue Department has unveiled plans to tax overseas income, including cryptocurrency trading revenues, of individuals staying in the country for over 180 days. This updated regulation, set to be implemented on January 1, 2024, broadens the scope from the prior rule where only overseas income brought into Thailand within the earning year was subject to taxation. According to Bangkok Post, the change aims to ensure that all overseas earnings, irrespective of their use in the Thai economy, are declared. The focus appears to be on residents engaged in foreign stock trading via overseas brokerages, crypto traders, and Thai nationals with accounts abroad. You might also like: Thailand embraces crypto wallets for nationwide airdrop Thailand’s crypto landscape Thailand has witnessed a surge in crypto currency trading activities in recent years, attracting domestic and foreign investors. However, the country’s Finance Minister, Arkhom Termpittayapa...

The U.S. dollar index has been making upward strides over the last couple of months. A recent post by TradingView revealed that the DXY has been hovering in the 104-105 bracket of late, up from mid-July’s low of 99.5. In fact, the current level is quite close to the index’s six-month high figure of 105.43 created towards the end of last week. A rising dollar index is usually considered to be a good sign for Americans because it offers them greater purchasing power. The Dollar has been on a run. 👀 pic.twitter.com/YtNtsvDeUJ — TradingView (@tradingview) September 18, 2023 Also Read: Solana Co-founder: U.S. Govt. Should Invest in Blockchain The U.S. dollar index typically measures the currency against six major counterparts, including the euro, Swiss franc, Japanese yen, Canadian dollar , British pound, and Swedish krona. DXY ’s strength will yet again be put to the test this week. The U.S. Fed ’s interest rate decision is due soon. In...

The market research firm Technavio’s new report shows that the crypto wallet market will grow by $686 million by 2026. The report is called “Crypto Wallet Market by Product and Geography – Forecast and Analysis 2022-2026.” Technavio estimates that the potential growth of the crypto wallet market from 2021 to 2026 will be over $686 million. This growth is driven by people’s increasing interest in digital currencies, which offer faster and cheaper bank transfers, a surge in e-commerce, higher currency transactions in low-income nations, and a rise in international remittances. Cryptocurrencies, having a limited supply defined by mathematical algorithms, serve as a reliable long-term store of value, making them attractive to investors, Technavio claims. Crypto wallet geography The crypto wallet market is categorized by product into software-based and hardware-based wallets and by geography across North America, Europe, APAC, South America, and the Mid...

Billionaire investor Mark Cuban fell victim to a phishing attack on Saturday after reportedly downloading a fake MetaMask application that caused him to lose almost $900,000 in crypto assets.  Cuban was unaware of the Hack until DLNews approached him. He told the outlet, “I’m pretty sure I downloaded a version of MetaMask with some sh*t in it.” “MetaMask crashed a couple times. I just stopped,” Cuban explained. “Then you [DL News] emailed me. So I locked my NFTs on OpenSea. Transferred all my Polygon in the account.”  His wallet was previously inactive for five months. He reportedly saved himself $2.5 million worth of Polygon tokens when he moved them to a Coinbase address.  “I went on MetaMask for the first time in months,” Cuban said. “They must have been watching.” Crypto sleuth WazzCrypto was the first on X (formally Twitter) to first notice that $870,000 of staked ETH (stETH), Tether USD (USDT), Matic tokens (MATIC), Rarible (RARI), USD Coin (...