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First Polygon Network bond issued via blockchain-based Debt Protocol ‘Obligate’
6.5.2024
Obligate has issued bonds using the Polygon blockchain without the involvement of any banks. Muff Trading AG, a Swiss-based physical commodities trading firm specializing in metal sourcing, issued the bonds. Muff Trading AG used the Obligate marketplace to tokenize bonds. The size and terms...
Bitfinex CTO Confirms FSociety Allegations of Database Breach as ‘Fake’
6.5.2024
Bitfinex's chief technology officer, Paolo Ardoino, has dismissed claims by hacking group Fsociety, that allege a breach of the cryptocurrency exchange's database.
The post Bitfinex CTO Confirms FSociety Allegations of Database Breach as ‘Fake’ appeared first on Cryptonews
Stacks, Moonriver, Hedera Network and Iron Fish Join Axelar’s Interchain Amplifier
6.5.2024
Web3 cross-chain protocol Axelar has announced over 60 chains including Stacks, Moonriver, Hedera Network and Iron Fish have joined a devnet-phase pilot of Interchain Amplifier.
The post Stacks, Moonriver, Hedera Network and Iron Fish Join Axelar’s Interchain Amplifier appeared first...
JasmyCoin Price Prediction as JASMY Shoots Up 3.4%— Is It Time to Load Up?
6.5.2024
JASMY has gained by as much as 3.4% with the past 24 hours, with the JasmyCoin price reaching $0.01974 on a day when the wider crypto market posts a 1% return.
The post JasmyCoin Price Prediction as JASMY Shoots Up 3.4%— Is It Time to Load Up? appeared first on Cryptonews
First Bitcoin-backed synthetic dollar to launch with 25% yield
6.5.2024
USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?
Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial
6.5.2024
The Australian Federal Court has delivered a ruling mostly in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme.
The post Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial appeared first on Cryptonews
Ethena Price Prediction as ENA Closes In On $1 – Is It Time To Buy?
6.5.2024
The Ethena price has rallied by 13% today, reaching $0.9165 as the cryptocurrency market rises by 1% in the past 24 hours.
The post Ethena Price Prediction as ENA Closes In On $1 – Is It Time To Buy? appeared first on Cryptonews
First quarter crypto deals raise $2.5bn, a ‘lacklustre’ 29% gain
6.5.2024
The cryptocurrency industry has suffered a plunging situation for three quarters in a row, but has remarkably made a comeback. In Q1, a year ago, a record number of crypto companies raised about $2.5 billion in venture capital. This represents a massive leap of 29% in financial investment, as well...
First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound
6.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Dogecoin Price Prediction as Tesla Now Accepts DOGE Payments
6.5.2024
The Dogecoin price has bounced back faster than any other top ten crypto coin in the last seven days. The world's favorite meme coin added 18.8% over the last week and currently trades at $0.1676.
The post Dogecoin Price Prediction as Tesla Now Accepts DOGE Payments appeared first on Cryptonews
LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop
6.5.2024
LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.
The post LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop appeared first on Cryptonews
Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study
6.5.2024
A recent study conducted by Visa and Allium Labs has found that more than 90% of stablecoin volumes do not originate from genuine users.
The post Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study appeared first on Cryptonews
Hong Kong Spot Bitcoin ETFs Reach $230 Million AUM In First Week
6.5.2024
Hong Kong's newly launched spot Ethereum and Bitcoin ETFs accumulate about $2.73 million in assets under management in just one week, outperforming futures ETFs by 80%.
The post Hong Kong Spot Bitcoin ETFs Reach $230 Million AUM In First Week appeared first on Cryptonews
Jack Dorsey Departs Bluesky’s Board, the Decentralized Social Media Platform He Co-Founded
6.5.2024
Jack Dorsey has stepped down from Bluesky's board, the decentralized social media platform he originally envisioned and funded back in 2019 during his tenure as CEO of Twitter.
The post Jack Dorsey Departs Bluesky’s Board, the Decentralized Social Media Platform He Co-Founded appeared first...
Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints
6.5.2024
Ripple stablecoin is supposed to be backed 1-to-1 by US Dollar deposits, US government bonds and other low-risk investments.
The post Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints appeared first on Cryptonews
Bitcoin Price Prediction: $64K Surge Amid ETF Inflows & 1B Transactions
6.5.2024
Bitcoin's price soars past $64K, buoyed by a surge in ETF investments and a historic milestone of 1 billion blockchain transactions.
The post Bitcoin Price Prediction: $64K Surge Amid ETF Inflows & 1B Transactions appeared first on Cryptonews
Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half
6.5.2024
The Philippines' securities regulator is set to unveil a regulatory framework for crypto assets and trading by the latter half of 2024.
The post Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half appeared first on Cryptonews
Crypto Venture Capital Funding Surpasses $1 Billion for Second Consecutive Month
6.5.2024
For the second month in a row, crypto venture capital funding has exceeded the $1 billion mark, highlighting continued investor interest in the industry.
The post Crypto Venture Capital Funding Surpasses $1 Billion for Second Consecutive Month appeared first on Cryptonews
Bitcoin Crosses One Billion Transactions After 15 Years
6.5.2024
Over a decade after its creation in 2009, Bitcoin achieves a major milestone by processing its one-billionth transaction as its price rebounds to $64,000 level.
The post Bitcoin Crosses One Billion Transactions After 15 Years appeared first on Cryptonews
Dogwifhat, Pepe and Dogecoin All Spike As Crypto Market Cap Gains 7% – Is It Time to Buy Meme Coins?
6.5.2024
Dogecoin climbs to $0.162 as meme coins surge across the board, with the market cap witnessing a robust 7% increase this week.
The post Dogwifhat, Pepe and Dogecoin All Spike As Crypto Market Cap Gains 7% – Is It Time to Buy Meme Coins? appeared first on Cryptonews