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Crypto-Lending-Firm-Babel-Finance-Freezes-Withdrawals-Due-to-Crypto-Market-Crash
Babel Finance Freezes Withdrawals Due to Crypto Market Crash

Babel Finance temporarily freezes withdrawals of cryptocurrencies on Friday. The crypto lender failed to pay its clients due to the recent crypto market meltdown. Fear from crypto meltdown, withdrawal freezes from firms, and depegging might increase redemptions from other companies. Babel Finance momentarily freezes the withdrawals and redemption of cryptocurrencies from its platform on Friday. As per the report of CNBC, the action took place after the firm struggled to pay its clients caused by the recent crypto market meltdown. The value of cryptocurrencies in the past few weeks has tumbled after the investors dump their assets, due to the

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SuperRare-Partnered-with-Vertical-Crypto-to-Launch-3-day-NFT-festival-in-London
Surveys Hint at Speedy Crypto Recovery, Investors on the Rise

A Bank of America survey says over 91% plan to buy crypto in the next six months.  An IRA survey says 80% want to buy Bitcoin and cryptos for their retirement savings.  These are great signs for a quick crypto market recovery. Despite the current crypto market crash, many are still holding onto their crypto assets. In fact, most are certain the end to the bear market is near and that a bullish future is imminent. According to a Bank of America survey, it seems that over 91% plan to buy crypto in the next six months. Specifically, according to

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Cardano-preps-to-launch-Vasil-hard-fork,-$3-inevitable
Cardano Preps to Launch Vasil Hard Fork, Is $3 Inevitable?

Cardano preps to launch Vasil hard fork ADA may reach $3 Jack Dorsey to launch decentralized internet on Web5 One of the busiest crypto networks in the space, Cardano is preparing for the nearing launch of its Vasil hard fork. As per its developers, the building of the Vasil upgrade is going smooth. “Work is proceeding well and the teams’ operational focus remains on delivering the hard fork efficiently and seamlessly, they said.” Furthermore, the network developers also ensure that everything will go well in the launch. In detail, IOHK is working on the integration program to ensure that the

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Learn-And-Earn-Crypto-Platform-Cryptohunt-Launched-Today
Learn-And-Earn Crypto Platform Cryptohunt Launched Today

Learn-and-earn crypto platform Cryptohunt launches its platform today. Cryptohunt offers a place to learn everything about crypto in one place. Users can also get ahead by learning the top crypto projects from its community. Cryptohunt, a learn-and-earn platform, launched to the public its cryptocurrency learning platform today. To celebrate its launch, the company held a launch party event at Celo’s San Francisco office, hosted by Cryptohunt co-founders Arndt Voges and Christian Byza. The platform offers a place for every level to learn everything about crypto projects, share individual knowledge, and ask and learn about upcoming projects. Cryptohunt currently has 30

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Elon Musk on the Verge of Trashing Twitter
Elon Musk on the Verge of Trashing Twitter Deal, Data Revealed 70% of Musk’s Twitter Followers are Bots

Elon Musk asks Twitter for proof that only 5% of its users are bots/ fake. Data claims that more than 60 million on Musk’s Twitter account alone are bots/ fake. There are currently 217 million monetizable DAU on Twitter. Tech titan and crypto enthusiast Elon Musk halts the Twitter deal last month while waiting for the supporting details that only 5% of its users are spam or fake accounts. On Monday, a filing was presented to the SEC in regards to this issue. Twitter CEO Parag Agrawal claimed that the number of fake accounts is less than 5%. However, Musk

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Cardano Price Moves Steadily Higher, ADA Believers Bullish
Cardano Price Moves Steadily Higher, ADA Believers Bullish

Cardano (ADA) was one of the top-performing assets over the last week.  The price of ADA soared by over 14% in a short time.  It went up to $0.64 and ADA fans are expecting a higher number soon. The crypto community is all the rage over Cardano (ADA) today as the crypto out-performed many of the other top-performing crypto. In detail, the price of ADA pushed past $0.6 today and is presently sitting at $0.59.  Many believe this soft surge is just a glimpse at what is to come when the Vasil hard fork event will take place at the

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Binance Announces Web3 Integrated Concert Tour With The Weeknd
Binance Announces Web3 Integrated Concert Tour With The Weeknd

Binance is partnering with musical artist The Weeknd.  The crypto exchange will sponsor The Weeknd’s global concert tour. HXHOUSE will collaborate with the partners for exclusive merchandise. The crypto and music community is ecstatic over Binance’s latest partnership with The Weeknd. The partners will provide the first-ever web3 enhanced tour. The crypto-powered world tour will integrate web3 technology to deliver an exciting fan experience.  In detail, Binance will be the official sponsor for The Weeknd’s ‘After Hours Til Dawn’ tour. This concert will be the first tour to ever integrate with web3 technology. Truly, this will be a historic milestone

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Mexican-Style-Restaurant-Chipotle-Now-Accepts-Crypto-Payments
Mexican-Style Restaurant Chipotle Now Accepts Crypto Payments

Chipotle now accepts cryptocurrency via digital payments platform Flexa. Customers must download the Gemini or SPEDN app and scan it to pay. Flexa offers a 10% off of first crypto payments using the app. Flexa, a digital payments platform, announced today that the Mexican-style fast-food restaurant chain Chipotle will now accept crypto payments through Flexa. Flexa is a merchant-focused app designed to reduce costs, settlement times, and fraud. Cryptocurrencies, such as Bitcoin, Ethereum, Dogecoin and more than 90 other currencies, were supported by Flexa.  By using the Flexa app, customers can now order food from any of the 3,000 Chipotle

1 min read
TAG-Heuer-CEO-Frédéric-Arnault-Joins-BAYC
TAG Heuer CEO Frédéric Arnault Joins BAYC

TAG Heuer CEO Frédéric Arnault has acquired Bored Ape #4215. The acquisition of BAYC raised speculations for a BAYC and LVMH Moët Hennessy Louis Vuitton collaboration. Arnault has become the newest member who now owns a BAYC, among other top executives and celebrities. Frédéric Arnault, CEO of luxury watch company TAG Heuer, joined the Bored Ape Yacht Club. As stated in a news blog from The Bored Ape Gazette, the top executive of TAG Heuer “aped” into the BAYC on May 11. He picked up Bored Ape #4215 through the help of Lior.Eth, a BAYC collector, and enthusiast. Lior.Eth transferred

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FTX-CEO-Sam-Bankman-Fried-to-Donate-up-to-$1B-for-US-Elections
FTX CEO Sam Bankman-Fried to Donate up to $1B for US Elections

Sam Bankman-Fried pledged to donate over $100 million in the 2024 US election. The donation could reach up to $1 billion, depending on the candidates and their policies. Crypto industry donors spent up to $30 million since the 2020 elections. Sam Bankman-Fried, the CEO and founder of FTX, claims that he could donate more than $1 billion in the 2024 US presidential election. According to CNBC, Bankman-Fried disclosed his expenditure plans in a podcast interview “What’s Your Problem?”  The top executive said he’s looking forward to donating “north of $100 million,” with a “soft ceiling” of $1 billion for the

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Riding in Tandem: Ethereum and Cardano Preps to Surge 100% Soon
Riding in Tandem: Ethereum and Cardano Preps to Surge 100% Soon

Cardano and Ethereum to launch major upgrades soon ETH may reach $4K Cardano can hit $1 mark soon Cardano and Ethereum continue to blow the crypto space despite the ongoing market bloodbath. In detail, both networks are gearing up to launch their latest technology developments this year. This technology is said to bring major changes in the network that will benefit all its users. For Cardano, the Vasil upgrade is positioned to bring a major performance development to the platform. Through this, Cardano investors can expect improvement in the smart contract capabilities of the network. The upgrade is expected to

2 mins read
Stripe-To-Enable-Bitcoin-Payments-for-Merchants
Stripe To Enable Bitcoin Payments for Merchants

Stripe has partnered with OpenNode, a Bitcoin payment solutions provider. The partnership will enable Stripe merchants to convert payments received into bitcoins. Stripe marketplace will go live in a couple of weeks, although developers can start creating their own apps.  Global payments platform Stripe has revealed its partnership with OpenNode, a Bitcoin payment solutions provider. As a result of the collaboration, Stripe will enable its merchants to convert payments they receive into bitcoins. Specifically, the partnership will integrate the OpenNode Bitcoin payment app into the Stripe app marketplace. With Stripe’s huge user base extending to millions across different parts of

1 min read