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Unprecedented Downturn: Over 5,700 Crypto ATMs Decommissioned in 2023, Marking First Annual Decline
31.12.2023
Crypto automated teller machines (ATMs) have experienced a decline this year, marking the first downturn since October 2013, with the total count dipping from 39,350 to the present 33,620. Approximately 5,730 cryptocurrency ATMs have been decommissioned, constituting a 14.56% decrease from the peak...
China Unveils Digital Yuan Wallet Machine for Foreign Passport Holders
27.12.2023
A person’s hand holding US dollar banknotes at a banking machine. China has launched its first automated digital yuan wallet-opening machine for overseas passport holders. Per 21Jingji, the Bank of China’s Dongguan Branch has installed the machine at the Taiping branch of the Huangpu Customs Hall....
zkSync Era Resolves Network Glitch Triggered by Automated Safety Check
26.12.2023
Source: zkSync The zkSync development team recently addressed and resolved a network glitch in the zkSync Era platform with “no funds at risk,” according to a post by zkSync Development. The network glitch in the zkSync Era platform occurred on Dec. 25 at 05:50 UTC, as reported by the development...
FixedFloat Marks 5 Years with 1.5 Million Exchanges and Mobile App on the Horizon
25.12.2023
As the days of 2023 wind down, FixedFloat, the leading non-custodial automated exchanger, takes a moment to reflect on a year filled with milestones, growth, and community engagement. In this comprehensive review, we share our journey through statistics, highlight key achievements, and offer...
Crypto Experts Identify Potential in an Under-the-Radar AI Coin – How to Buy Early?
18.12.2023
Crypto presale utilizing AI analytics is seeing early traction from investors seeking access to automated trading algorithms. Image by Kerem Goktug Kaya, DALL-E 3. Among seasoned crypto investors, few phenomena inspire a rush of activity like FOMO — the fear of missing out. When new cryptocurrency...
LFNTY Coin is Up 150x in 24 Hours and Crypto Experts Say This Bitcoin ETF Token is Next
12.12.2023
Source: Dall•E 3 LFNTY Coin has gained by 20,000% in the past 24 hours, with the altcoin currently trading at $1.6521 on the Solana-based Orca decentralized exchange. It listed on Orca only yesterday, trading against USDC and opening at a price of $0.005964. The coin’s fundamentals, based...
Uniswap v3 Deploys on Bitcoin Scaling Protocol Rootstock
12.12.2023
Source: AdobeStock Popular Ethereum-based automated market maker (AMM) Uniswap has launched its version 3 (v3) on the Rootstock blockchain protocol. According to an emailed announcement shared with Coindesk, the deployment was carried out by the GFX Labs team, the development hub of the popular...
French Court Acquits Hackers Accused of Targeting Avalanche Stablecoin Project Platypus
4.12.2023
Image Source: Pixabay A French court has acquitted the individuals accused of orchestrating the $8.5 million hack on Platypus Finance, an automated market maker (AMM) protocol on the Avalanche blockchain. According to a report by Le Monde, the defendants, identified as Mohammed and Benamar M., were...
Platypus Exploiters Acquitted of Wrongdoing in Landmark Case
4.12.2023
Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the individuals just interacted with a smart contract that...
Interactive Brokers Partners with OSL to Launch Crypto Trading for Retail Clients in Hong Kong
28.11.2023
Source: Pixabay / Andy Leung Interactive Brokers, an automated global electronic broker, is expanding cryptocurrency trading to retail investors in Hong Kong. The broker is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong....
Uncovering the Next Big Thing: Here’s Why Crypto Whales Are Quietly Betting on This AI Crypto Token
21.11.2023
LPX token offers automated trading and fractionalized alternative assets via Launchpad XYZ’s upcoming AI crypto platform. Image by Launchpad XYZ, X. A new class of cryptocurrencies is emerging that integrates artificial intelligence into underlying blockchain architecture. Dubbed “AI...
DEX Platform Uniswap Rolls Out Android App With Swap Feature
14.11.2023
Source: Uniswap Popular Ethereum-based decentralized exchange (DEX) platform Uniswap has finally released its Android mobile wallet app to the public. Making the announcement on X (formerly Twitter), the automated market maker (AMM) protocol stated that the app is now available for...
Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market
13.11.2023
Source: Timon/Adobe Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ). According to reports from local news outlet Edaily, the exchange has made concrete plans including hiring staff...
Can Everyday Traders Trust DeFi's Automated Market Makers?
10.11.2023
Bug in Fed’s payment system prevents bank customers from getting paid
4.11.2023
Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved
Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July
24.10.2023
2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry. The Ebb and Flow of Crypto...
Tax Authorities in EU to Share Transaction Data Reported by Crypto Firms
19.10.2023
New EU rules will introduce automated exchange of information on crypto revenues reported by service providers in the sector. A new directive adopted by the Union expands existing registration and reporting obligations as well as cooperation between tax administrations across the bloc. Information...
Swiss Bank Offers Clients Crypto Lending Product
18.10.2023
Swiss online bank Dukascopy has introduced a new lending product that enables customers to borrow against their cryptocurrency. The solution allows users to receive 50% of the value of their digital assets in fiat currency while retaining their original crypto investments. Switzerland-Regulated...
Balancer blames ‘social engineering attack’ on DNS provider for website hijack
21.9.2023
Blockchain security firms SlowMist and CertiK also believe the crypto wallet drainer Angel Drainer was involved in the estimated $238,000 exploit
Decentralized Exchange Sushi Ventures Beyond Ethereum by Expanding to Aptos
12.9.2023
The decentralized crypto exchange Sushi is expanding to the Aptos blockchain. The team noted that the move marks Sushi’s first expansion onto a non-EVM blockchain. From Ethereum to Aptos Sushi is a decentralized exchange (dex) and automated market maker (AMM) built on the Ethereum blockchain....