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Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing
5.4.2024
Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens.
The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews
Singapore’s MAS Expands Regulatory Oversight to Include Crypto Custody and Fund Transfer Firms
2.4.2024
Singapore has taken steps to expand its digital asset regulations by including the custody of tokens and firms involved in fund transfers.
The post Singapore’s MAS Expands Regulatory Oversight to Include Crypto Custody and Fund Transfer Firms appeared first on Cryptonews
Alchemy Pay invests in LaPay and gets global Web3 API license to expand
29.3.2024
Alchemy Pay invests in LaPay UK Ltd in order to initiate the global expansion of corporations operating in diverse industries. LaPay UK Ltd operates as a fintech company in the United Kingdom, whereas Alchemy Pay is a globally recognized Web3 payment service provider. LaPay possesses an Authorized...
Layer-1 Blockchain Peaq Raises $15M to Expand Its DePIN Ecosystem
27.3.2024
Crypto market data provider Messari estimates that decentralized physical infrastructure networks could have a market value of $3.5 trillion by 2028
Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms
27.3.2024
Crypto mining firm Bitdeer Technologies is reportedly in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity.
The post Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms appeared first on Cryptonews
Bitcoin may expand for 18 months after halving, says Benchmark Senior Analyst
22.3.2024
As it approaches its fourth halving, Bitcoin, the largest cryptocurrency since its inception in 2009, has been in the news, causing price fluctuations in the cryptocurrency trading industry. The price experienced a 6.86% decline to 62,974.30 USD on March 19, representing a reduction of 6.86% from...
Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore
19.3.2024
With $11.5 million Series A funding led by Trive, Tokenize Xchange aims for expansion in Singapore and plans to secure a total of $33 million by the end of 2024.
The post Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore appeared first on Cryptonews
Grayscale Urges SEC for Spot Bitcoin ETF Options Approval
1.3.2024
Grayscale is calling on the US Securities and Exchange Commission to approve options on its spot Bitcoin exchange-traded fund, aiming to expand access to a broader range of investors.
The post Grayscale Urges SEC for Spot Bitcoin ETF Options Approval appeared first on Cryptonews
Mocaverse partners with Korean players to expand its presence
29.2.2024
Animoca Brands seed company, Mocaverse, announced collaborating with numerous patterns. The objective is to strengthen its presence in the Korean market through immersive experiences and increased engagement with users. The list includes the likes of GOMBLE, IPX, Cube Entertainment, Nine Chronicles...
Crypto.com Partners BTG Pactual to Expand Latam’s Crypto Reach
29.2.2024
Crypto.com, a Singapore-based cryptocurrency exchange, partnered with BTG Pactual, Latam’s largest investment bank, to expand the access of Latam’s traditional customers to crypto services. The team-up entails listing BTG Dol, BTG Pactual’s dollar-pegged stablecoin,...
Expert Take: Rising DeFi TVL is Silencing the Doubters
28.2.2024
As its TVL rises, industry insiders say that DeFi is seeing increasing interest once again. DeFi is robust and will continue to expand, the experts say, adding that 2024 will be an exciting year for this growing sector.
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Mocaverse forges strategic alliances to expand Moca ID ecosystem
16.2.2024
Mocaverse, an Animoca Brands membership network program, has partnered with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet. This is intended to facilitate a connection between the on-chain cultural economy and Centralized Finance (CeFi). Recently, Mocaverse introduced Moca ID, a decentralised...
Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition
13.2.2024
In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance Ripple’s portfolio of digital asset solutions and regulatory licenses, marking...
Isle of Man Seeks Public Input in Effort To Tighten Crypto Assets Regulation
13.2.2024
The Isle of Man has rolled out a public consultation on possible crypto assets regulation to protect investors in the jurisdiction. In a Feb 13 release, financial authorities in the self-governing British Crown dependency sought models to expand its laws on crypto assets in line with global...
Ripple to Buy New York Crypto Trust Company to Expand U.S. Options
13.2.2024
Ripple struck a deal to acquire Standard Custody & Trust Co., the company said Tuesday, in order to secure a New York trust charter in an ongoing expansion of its U.S. regulatory licensing
On-Chain Domains Expand Usability of Web2 Platforms
8.2.2024
Just as the internet advanced with the evolution of the Domain Name System (DNS) – which turns domain names into IP addresses – the crypto sector is undergoing a similar transition with the implementation of on-chain domain names. What are On-chain Domains? Sandy Carter, COO and Head of Business...
Best Crypto to Buy Today January 29 – Conflux, Sui, Monero
29.1.2024
Conflux, Sui, and Monero stand out in the hunt for the best crypto to buy today, as progress with their CFX, SUI, and XMR tokens points to an upside potential. Conflux’s CFX price surged over 40% for the past week after announcing a strategic partnership with BlockBooster to expand...
Blockchain Games Reigned Supreme in 2023 + More Crypto News
29.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Banxa Brings Fiat On-Ramps to Sui, Off-Ramps Coming Soon 2023 Crypto News: Blockchain Games Reigned Supreme Last Year Neo Opens Hong Kong Office...
Bitcoin Mining Rig Maker Canaan Secures $50 Million In Preferred Shares Sale
26.1.2024
Bitcoin (BTC) mining rig manufacturer, Canaan Inc has raised $50 million in a new funding round by selling preferred shares. The company disclosed the development in a recent filing at the Securities and Exchange Commission (SEC) stating that funds raised will be deployed to expand research...
Chinese Central Bank to Expand Digital Yuan Pilot in Hong Kong
26.1.2024
The central People’s Bank of China says it plans to expand its “cross-border” digital yuan pilot in Hong Kong. Per a Weibo post from the media outlet Caixin, and a report from The Paper, the Deputy Governor of the PBoC Xuan Changneng said the bank wants to “deepen the cross-border e-CNY pilot”...