Browsing:Crypto

Hope.money Unveils HopeCard, a Holistic Crypto Solution for One’s Daily Spending Needs
9 months ago 3 mins read

Hope.money Unveils HopeCard, a Holistic Crypto Solution for One’s Daily Spending Needs

Hong Kong, China, September 3rd, 2023 Hope.money, a distributed stablecoin project, today announced its latest offering, ‘HopeCard’. As the name suggests, the card is engineered to redefine how digital assets are employed in everyday life, serving as a perfect linchpin between today’s physical and digital economies. Initially, users will be able to top up USDT and USDC before spending. However, HopeCard is more than just a prepaid card; it is a key component of Hope.money’s broader ecosystem. It offers a seamless Visa Platinum experience and will be accepted by over 80 million online and offline merchants globally following its release.

Whale Alert identified three noteworthy XRP transfers during this period
9 months ago 1 min read

Ripple Moves Millions of XRP as Grayscale Scores Legal Victory

Recent crypto activity has caught the attention of enthusiasts as popular tracking service Whale Alert spotted significant XRP transactions totaling nearly half a billion XRP within the last 24 hours. Ripple Labs, a major player in the crypto space, was also involved in these movements, contributing to this substantial crypto transfer. Whale Alert identified three noteworthy XRP transfers during this period: 424,018,481 XRP, 31,000,000 XRP, and 27,600,000 XRP. Ripple participated in the second transfer, moving 31 million XRP to an anonymous wallet address. Ripple’s activities often involve transferring substantial amounts to crypto exchanges for trading purposes, operational expenses, customer transactions,

Binance Japan
9 months ago 1 min read

Binance Japan Aims to List 100 Tokens, Triple the Current Number

Binance Japan, recently launched with comprehensive services, has unveiled ambitious plans to significantly diversify its token offerings. The exchange intends to provide a selection of at least 100 tokens on its platform in the near future, a threefold increase from its current range. This revelation stems from a recent Bloomberg report. Binance Japan’s representative shared during an online briefing that the exchange is actively working towards enhancing liquidity within the local crypto market. The strategy involves collaborating with other domestic cryptocurrency exchanges to ensure smoother and more robust market conditions. This collaborative approach is intended to bolster trading experiences for

Grayscale has achieved a legal victory against the U.S. SEC
9 months ago 1 min read

Grayscale’s Legal Win Sparks Bitcoin Surge and ETF Hopes

Cryptocurrency asset manager Grayscale has achieved a significant legal victory against the U.S. Securities and Exchange Commission (SEC), impacting both Bitcoin (BTC) and the broader market. The recent ruling by the U.S. District of Columbia Court of Appeals in favor of Grayscale has the potential to propel the company closer to securing Bitcoin Spot exchange-traded fund (ETF) status. Grayscale’s legal win against the SEC’s lawsuit is a pivotal moment in the journey toward establishing a Bitcoin spot ETF. Although this victory doesn’t instantly convert the Grayscale Bitcoin Trust (GBTC) into an ETF, it represents a crucial step towards that ultimate

Binance has introduced an innovative crypto transfer service called Send Cash.
9 months ago 1 min read

Binance Introduces Crypto Transfer Service in 9 Latin American Countries

Binance crypto exchange has introduced an innovative cryptocurrency transfer service called Send Cash. This service is geared towards enhancing the convenience of crypto transactions for users across Latin America. By leveraging Binance Pay, users in nine Latin American countries can now seamlessly transfer cryptocurrencies. Binance’s recent move is in direct response to the distinct challenges faced by citizens in the Latin American region. With Send Cash, the platform aims to provide solutions that cater specifically to these challenges, ultimately making cryptocurrency usage more accessible and efficient. According to an official statement released on August 29, Binance’s Send Cash service is

Balancer Falls Victim to DeFi Hack, Losing Close to $900k
9 months ago 2 mins read

Balancer Hit by Another DeFi Hack, Loses Almost $900k

The Ethereum-based decentralized finance (DeFi) protocol, Balancer, has fallen prey to an exploit resulting in losses of almost $900,000. This incident occurred shortly after the protocol’s public disclosure of a vulnerability affecting its boosted pools. The exploit and subsequent loss were confirmed by the protocol itself on social media platform X (formerly Twitter) on August 27th. Leading blockchain security expert Meier Dolev traced an Ethereum address believed to be linked to the attacker. This address received significant transfers of Dai stablecoin, amounting to $636,812 and $257,527, respectively, accumulating over $893,978 in the attacker’s possession. The protocol’s team promptly addressed the

Backed now natively issues tokens on BNB Smart Chain: enabling new integrations and scalability
9 months ago 3 mins read

Backed now natively issues tokens on BNB Smart Chain: enabling new integrations and scalability

Zug, Switzerland, August 29th, 2023 Backed has extended its native token issuance to include the BNB Smart Chain (BSC) to bring our products to a wider audience and give our clients the flexibility to choose the blockchain that works best for their use case.  Backed is on a mission to bring off-chain assets onto crypto rails. We issue ERC-20 tokens – or equivalent on other chains – that track the value of treasury and corporate bond ETFs as well as stocks. The tokens are freely transferable across wallets, fully collateralized by the underlying assets, and issued in compliance with Swiss

Elon Musk's Company X Gets Approval for Crypto Payments
9 months ago 1 min read

Elon Musk’s X Secures License for Crypto Payments

Twitter, now known as X, has been granted the Rhode Island Currency Transmission License. This license is a crucial requirement for facilitating cryptocurrency trading activities within the state. This development paves the way for X to potentially offer a range of virtual currency-related services on behalf of its users. These services could encompass vital functions such as securely storing, transferring and exchanging digital assets. The Rhode Island Department of Business Regulation has outlined that anyone or any entity engaging in the management of virtual currency or transactions involving virtual currency on behalf of others must obtain a currency transfer license.

Ronaldinho Misses Testimony in Crypto Scam Inquiry
9 months ago 1 min read

Ronaldinho Faces Arrest in Brazil for Skipping Crypto Scam Probe Testimony

Renowned Brazilian football star Ronaldinho Gaúcho is facing the possibility of being detained by authorities in connection with an ongoing investigation into a cryptocurrency fraud case in Brazil. Local media reports suggest that Ronaldinho failed to comply with a congressional summons related to a pyramid scheme investigation tied to one of his companies. Having played for esteemed football clubs such as Paris Saint-Germain, FC Barcelona, and AC Milan, Ronaldinho has now found himself entangled in legal proceedings. The football icon reportedly evaded a subpoena for the second time on August 24, missing a scheduled appearance at a congressional hearing due

Shiba Inu's lead developer
9 months ago 1 min read

Shiba Inu’s Shibarium Goes Live, but SHIB Price Faces Decline

Shiba Inu’s lead developer, Shytosi Kusama, has proudly declared the launch of Shibarium, an L2 scaling solution built on the Shiba Inu blockchain. Despite a bumpy journey marked by technical hiccups and price turbulence, the platform is now operational After a period of rigorous testing and refining, Shiba Inu has reached a significant milestone with the launch of Shibarium. In a blog post, Shytoshi Kusama highlighted the project’s progress, revealing that even prior to the official announcement, Shibarium had garnered an impressive user base of over 65,000 wallets. Notably, it had already processed 350 transactions, indicating a lively start. Shibarium’s

Bitcoin Whale Swiftly Transfers Over $134 Million in BTC
9 months ago 1 min read

Mysterious Bitcoin Whale Moves $134 Million Worth of BTC

A major Bitcoin player, often referred to as a “whale,” has made a notable move involving the leading digital currency. In a recent maneuver, this influential entity conducted a substantial transaction involving a staggering 5,140 BTC, amounting to a value of approximately $134 million. This large sum of Bitcoin was transferred from the cryptocurrency exchange Bybit, which is centered in Dubai, to an undisclosed wallet. This substantial transfer becomes even more intriguing when placed in context with insights from Santiment, a crypto analytics firm. Their research highlights that Bitcoin reserves held on exchanges have reached their lowest levels in six

Ceffu Launches Newest Off-Exchange Settlement Solution MirrorX for Binance Institutional Users
9 months ago 3 mins read

Ceffu Launches Newest Off-Exchange Settlement Solution MirrorX for Binance Institutional Users 

Vilnus, Lithuania, August 28th, 2023 Ceffu, the institutional crypto custodian and partner of Binance, the world’s largest cryptocurrency exchange by trading volume, announced today the release of its newest off-exchange settlement solution, MirrorX. Launched as an evolution of its predecessor, this innovative custody solution provides institutional investors with the fastest gateway to the Binance Exchange, with instantaneous access to most of the products available in the Binance ecosystem including spot, margin and futures trading, without needing to move their assets to the exchange. Digital assets used with MirrorX remain in Ceffu’s independent custody at all times and are automatically settled