FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can be purchased with fiat-backed stablecoins. FTX US Launches Beta Equities Trading Platform FTX US customers phased in through the firm’s private beta waitlist can now leverage the platform to purchase stocks and ETFs. The company says the new feature offers hundreds of select…
Day: May 19, 2022
Tether reports 17% decrease in commercial paper holdings over Q1 2022
USDT Stablecoin issuer Tether (USDT) has reported it cut its reserves allocation to commercial paper investments and increased that of United States Treasury bills over the first quarter of 2022. In a Thursday blog post, Tether reported its reserves were “fully backed,” seemingly in an effort to assuage many users’ fears around USDT briefly depegging from the dollar on May 12. According to the stablecoin issuer, its commercial paper holdings over Q1 2022 decreased 17% from roughly $24 billion to $20 billion, with an additional 20% reduction to be reflected…
Exchange Inflows Rock Bitcoin, Ethereum As Market Struggles To Recover
With the market in turmoil, digital assets such as Bitcoin and Ethereum are seeing their prices challenged in ways that have sent shivers down the spines of investors. The downtrend had triggered massive sell-offs that had sent prices towards yearly lows. Despite the volume already being sold off, sellers look to not be done yet. This is evidenced by the volume of Bitcoin and Ethereum that has been making its way to centralized exchanges recently. Bitcoin, Ethereum Rocked By Inflows The inflows had been growing steadily recently and given the…
Following French Montana, Son Tung M-TP, One of Vietnam’s Top Celebrity Singers, Joins Radio Caca’s USM Metaverse – Press release Bitcoin News
press release PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity singer Son Tung M-TP, who will join its United States of Mars (USM) Metaverse. Son Tung M-TP’s Art Gallery, dubbed M-TP Galaxy, will have its opening ceremony and host his first-ever Metaverse Concert in the USM Metaverse at an upcoming date, becoming the first Vietnamese…
Tether launches crypto and blockchain education program in Switzerland
Switzerland’s southern city of Lugano will host a blockchain- and cryptocurrency-focused school as part of a partnership between the local government and Tether. In a Thursday announcement, Tether and Lugano said they will be launching the Plan ₿ Summer School in an effort “to bring blockchain and crypto education to the masses.” The education center is part of Tether’s ‘Plan ₿’ initiatives with the Swiss city, which have included making Bitcoin (BTC), Tether (USDT) and the LVGA token legal tender in the area. @luganomycity @Tether_to @FranklinSwitz @USI_university announced today the…
UnicornDAO Raises $4.5M to Empower Women and LGBTQ NFT Creators
CryptoX – Cryptocurrency Analysis and News Portal The DAO is led by Nadya Tolokonnikova of the Russian art collective Pussy Riot and involves Beeple, Grimes and Gary Vaynerchuk. Original Source The post UnicornDAO Raises $4.5M to Empower Women and LGBTQ NFT Creators appeared first on CryptoX. CryptoX Portal
Matt Prewitt: Let’s Use New Forms of Money to Commit to Our Communities
More local money could lessen the incentive to “exit” the people who need the resources, says Matt Prewitt, president of the RadicalxChange Foundation. Source
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Ethereum Prepares For Ropsten Testnet Merge As Token Struggles To Hold $2k Support
The Ethereum 2.0 update is generating a lot of buzz and interest, and we’re getting closer to its launch than ever before. Ethereum 2.0 Goes To Testnet Testing for Ethereum’s long-awaited Merge is progressing, though not at the rate that many had hoped. Testing on Ropsten, Ethereum’s largest and primary testnet, which has the closest similarity to the mainnet, is the next key milestone in the Merge testing process. Ropsten testing will be merged on June 8, according to Ethereum client developers. Although there is no official indication on when…
Ethereum se encamina a la fusión de Testnet en junio
La fusión se refiere al tan esperado paso de Ethereum a una red proof-of-stake del actual diseño de red, proof-of-work. Después del cambio, las transacciones en Ethereum serían procesadas y validadas por stakers en lugar de mineros, lo que, a su vez, crearía una red más rápida y “ecológica”. Source