Author: Digicoinvision

Citigroup’s venture arm, Citi Ventures, has invested in BVNK, a London-based stablecoin infrastructure firm building global payment rails for digital assets.BVNK declined to disclose the size of Citi’s investment or its current valuation. However, co-founder Chris Harmse told CNBC that its valuation now exceeds the $750 million reported at its last funding round. The firm was already backed by major investors, including Coinbase and Tiger Global.“You’re seeing an explosion of demand for building on top of stablecoin infrastructure,” Harmse told CNBC.He said BVNK’s strongest momentum comes from the US, its fastest-growing market over the past 18 months, as regulatory clarity…

On-chain sleuths discover Vitalik Buterin recently received an 6.29 million STRK from an airdrop that just unlocked after a year. The tokens are now worth $1.01 million. Summary Vitalik Buterin received a token unlock from Starknet, amounting to 6.29 million STRK from an airdrop that rewarded early supporter with locked token allocations last year. STRK now occupies the second largest portion of Buterin’s portfolio, representing $1.01 million of his crypto wallet holdings. Ethereum co-founder Vitalik Buterin has recently been rewarded for being one of the early supporters of the Starknet project. On Oct. 9, on-chain analyst Ai Yi revealed that…

Uganda has launched a central bank digital currency (CBDC) pilot as part of a broader tokenization effort across the African nation, while its neighbor Kenya is on the verge of enacting a crypto regulation bill. Blockchain financial infrastructure company the Global Settlement Network (GSN) has partnered with Ugandan developer Diacente Group in an initiative to tokenize $5.5 billion of real-world assets, which also includes a CBDC pilot, the companies announced on Wednesday. It comes as Kenya’s virtual asset service providers (VASP) bill passed through the country’s parliament on Tuesday and now awaits President William Ruto’s signature to become law. Kenya’s VASP bill passed…

Join Our Telegram channel to stay up to date on breaking news coverage The gold price surged past $4k per ounce as Bitcoin tumbled more than 1% and Peter Schiff said the crypto market is “about to be rugged by gold.” Gold hit a new all-time high (ATH) at $4,039.13 after surging over 53% this year and doubling in the past two years, according to TradingView.  Gold price per ounce (Source: TradingView) But Bitcoin, sometimes likened to digital gold, was down 1.3% at $122,475 as of 4:37 a.m. EST, according to CoinMarketCap. “Wall Street is so bullish on crypto that…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum co-founder and ConsenSys chief Joseph Lubin appeared on Bloomberg Crypto on October 7 and confirmed that ConsenSys is building the prototype for SWIFT’s new blockchain-based shared ledger—an initiative that, according to SWIFT’s own announcement last week at Sibos in Frankfurt, will bolt a permissioned, always-on ledger into the global messaging cooperative’s infrastructure and natively integrate ISO 20022 financial messaging. SWIFT Builds On Ethereum Lubin said the first build “will most definitely implement messaging, financial messaging using ISO 20022,” adding that while SWIFT itself is “careful to…

BNB “mindshare” has surged over 250% in just a week, according to Messari, with one analyst pointing to a market shift toward high-throughput, low-cost chains. The native token of BNB Chain crossed over $1,330 for the first time on Wednesday, after registering a gain of over 27% in the last week, according to data aggregator CoinGecko, nearly a week after clocking its previous high of $1,111.Crypto market intelligence firm Messari said in an X post on Wednesday that BNB’s mindshare, which measures public attention, discussion and awareness, has seen a 251% spike to 5.09% in the last seven days, while its…

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…

Join Our Telegram channel to stay up to date on breaking news coverage The issuer of the US President’s meme coin, Official Trump, plans to raise $200 million for a TRUMP treasury firm that would buy up the struggling token. That’s according to a Bloomberg report, which cited people familiar with the situation saying that Trump associate and promoter Bill Zanker is leading the effort through the entity Fight Fight Fight LLC. The venture could raise as much as $1 billion, but the effort is still ongoing and may not reach fruition, the report said.  TRUMP Meme Coin Struggles To…

Cryptocurrency traders made millions of dollars on small-cap memecoins on the BNB Chain over the past week, signaling a renewed wave of speculative capital fueling the current market cycle.Among the most profitable investors is trader “0xd0a2,” who turned an initial investment of $3,500 into $7.9 million, generating a 2,260-fold return in three days, according to blockchain intelligence platform Lookonchain.Trader “hexiecs” turned a $360,000 investment into over $5.5 million by investing in the recently launched “4” memecoin, which went parabolic after an X post from Binance co-founder and former CEO, Changpeng Zhao.Other speculators also jumped on the token, including trader “brc20niubi,”…

Join Our Telegram channel to stay up to date on breaking news coverage CleanCore Solutions revealed that its Dogecoin treasury holdings are now worth $175 million, even as DOGE plunged 4% in the last 24 hours. The company, listed on the New York Stock Exchange (NYSE), said in an Oct. 7  announcement that it holds more than 710 million DOGE, and aims to acquire 1 billion tokens. It added that it is sitting on an unrealized gain of $20 million on its DOGE holdings. The largest meme coin by market cap trades at $0.2479 as of 4:35 a.m. EST, according…