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MoonPay launches Web3 platform for brands, digital experience
28.5.2024
Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029
Bitcoin and Ethereum ETNs Hit London Stock Exchange Trading Floor
28.5.2024
Investors in the UK can now trade exchange-traded products that track Bitcoin and Ethereum through the London Stock Exchange, as the country narrows the gap with other financial leaders in digital assets.
The post Bitcoin and Ethereum ETNs Hit London Stock Exchange Trading Floor appeared first...
Ledger finally ships Stax hardware wallet after months of delays
28.5.2024
Ledger chief experience officer Ian Rogers said that the extra time allowed them to ensure that the operating system is “refined with more features.”
Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk
28.5.2024
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the largest crypto exchanges increased by 16.4%, reaching...
Major Chinese Bank Offer Digital Yuan Users Carbon Credit Rewards
28.5.2024
A major Chinese Bank, Industrial Bank, will reward digital yuan-using customers with carbon points as it targets CBDC adoption.
The post Major Chinese Bank Offer Digital Yuan Users Carbon Credit Rewards appeared first on Cryptonews
Turkish Parliament Committee to Review Crypto Bill This Week
28.5.2024
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF...
‘Yield-bearing stables’ are not money or stablecoins: Agora’s van Eck
28.5.2024
Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck
Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
28.5.2024
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached $10 million on Monday morning, according to crypto analytics firm Arkham’s onchain tool. The bulk of Trump’s holdings, $7.3 million, is in the TRUMP coin. Trump has pledged...
Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
28.5.2024
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks....
Dabba Announces Expansion of 10,000 New Wifi Hotspots in India Through Depin Program
27.5.2024
Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain...
Week of Wins in Crypto: PEPE Skyrockets 78%, Ethereum Up 27%
27.5.2024
The crypto economy has had a decent week filled with gains as bitcoin rose 2.8% and ethereum jumped by 27% this past week. The week’s biggest leader, however, was pepe (PEPE) which rose 78.5% over the seven-day run. Broad Crypto Market Gains Nearly two dozen crypto assets witnessed...
Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains
27.5.2024
Popular ERC-20 meme coin Shiba Inu ($SHIB) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024. At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year. By comparison,...
Nomura and GMO Collaborate on Japanese Stablecoin Issuance
27.5.2024
Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet infrastructure, online advertising, and fintech services....
Memecoin trader loses over $1M following Normie exploit
27.5.2024
The unfortunate trader suffered a loss of over 99% on his initial $1.16 million investment following a smart contract exploit
Argentina aims to learn from El Salvador's Bitcoin success
27.5.2024
Argentina wants to learn from El Salvador’s experience of Bitcoin adoption and other cryptocurrency activities
Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
26.5.2024
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior White House veto...
Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off
26.5.2024
While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced double-digit increases over the past week, the much anticipated ‘altcoin season’ has...
Donald Trump Pledges to Stop Biden’s Anti-Crypto Agenda, Protect Bitcoin, Free Ross Ulbricht
26.5.2024
Presidential candidate and 45th U.S. President Donald Trump has declared support for the crypto sector. “I will also stop Joe Biden’s crusade to crush crypto,” he promised. “I will support the right to self-custody.” He will also “commute the sentence of Ross Ulbricht...
TRUMP Coin Taps All-Time High, Up Over 30% in 24 Hours Post-Convention
26.5.2024
Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, maga (TRUMP), has soared more than 30% in the past day. Current statistics show that the meme coin TRUMP is the top-performing cryptocurrency over the last 12 months...
Marathon Digital Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M
26.5.2024
Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MOU) signing, the Kenyan government will establish...