Binance Pay, a contactless cryptocurrency payment service designed by crypto exchange Binance, supports more than 40 cryptocurrencies, including bitcoin (BTC), ethereum (ETH), and USD coin (USDC). The platform is intended to enable instantaneous international money transfers and user-to-user transfers, eliminating third-party transaction fees. Source
On-chain data shows the recent trend in the Bitcoin Stablecoin Supply Ratio may suggest the crypto could see a buy signal soon. Bitcoin Stablecoin Supply Ratio RSI 14 Is Near A “Buy” Signal As explained by an analyst in a CryptoQuant post, whenever the SSR RSI has gone below a value of 25 during recent years, the crypto has observed a buy signal. The “Stablecoin Supply Ratio” (or SSR in brief) is an indicator that measures the ratio between the market cap of Bitcoin, and that that of all stablecoins.…
Facebook and Instagram users can both post nonfungible tokens, or NFTs, and digital collectibles to their accounts by linking their wallets. In a Monday update to a May 10 blog post, Facebook’s parent company Meta said the social media platform’s roughly 2.9 billion users would have the ability to share digital collectibles and NFTs. The announcement followed an Aug. 4 update in which Meta said Instagram users across 100 countries could post digital collectibles minted on the Flow blockchain or from wallets supporting the Ethereum or Polygon blockchains to their…
India’s leading crypto app is reportedly cooperating with authorities after law enforcement officers searched its premises this week. Reuters reports that agents from the Enforcement Directorate (ED), India’s financial-crime agency tasked to investigate money laundering and foreign exchange offenses, raided the offices of crypto platform CoinSwitch on Thursday. An unnamed source with direct knowledge of the case claims that the search is related to suspected violations of the country’s foreign exchange law. The agents reportedly asked about the company’s foreign investments, income and outflows to check for compliance. CoinSwitch CEO…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin, crypto, and stock bottom might still come in Q4! [Crypto News] 💸 BYBIT 30% OFF & $4,100 BONUS 👉 🔥 GET MY FREE INVESTOR REPORT 👉 0:00 Today in Crypto 0:55 Taiwan 3:12 Gas Prices 5:15 Inflation 6:05 Recession 7:24 Housing Markets 8:00 Crypto Markets What is the future for the prices of Bitcoin, crypto, and stocks? Are the crypto markets turning bullish again? Well in this video I want to discuss 5 reasons why we need to remain cautious as…
According to instructions published by Mendoza’s government, users will be able to pay with any crypto wallet, including Binance, Bitso, Buenbit, Bybit, Ripio and Lemon. Mendoza will only accept stablecoins for tax payments, DAI and USDT among them, Clarín newspaper reported. Source
In bear markets, holders accumulate showing unwavering faith. The other side of that is a decrease in the “willingness to spend” or use the assets. The latest Intotheblock report “highlights the diverging pictures between on-chain demand and accumulation of the largest two crypto-assets.” Some people still have trouble admitting we’re currently in a bear market, but the signs are everywhere. Why would you move your money if your goal is to accumulate? It doesn’t make sense. The whole situation Intotheblock describes, though, makes all the sense in the world. Signs…
Itau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the country’s central bank to develop a system with a stablecoin pegged to the value of the Brazilian real. Itau’s system was one of the eight proposals selected by the Central Bank of Brazil as part of LIFT Lab, an annual initiative focused on financial innovation. Itau Unibanco to Develop Digital Real Stablecoin The Central Bank of Brazil is advancing in its pilot program for the launch of its central bank digital currency (CBDC),…
According to a Monday press release, Lemniscap led the seed funding round with support from Coinbase Ventures, Blockchain Capital, Distributed Global, Lattice, Arweave, Bering Waters, Maven11 and SevenX Ventures. RedStone, which currently delivers data feeds to more than 30 blockchains, including Ethereum, Avalanche and Polygon, will use the funds to expedite the rollout of its latest product suite with the aim of improving connectivity between blockchains and real-world data. Source
Phishing comes in many forms. The main target of any cybercrime is to generate money from duplicitous actions. When a hacker targets an international business and steals their data, there is a financial incentive that pushes them to do so. As cryptocurrency becomes a more recognized financial medium, attackers are actively turning to target those with digital wallets. In 2021, crypto scammers took $14 billion. Quite simply, as Bitcoin and other cryptocurrencies become more valuable, they become a bigger target for hackers and scammers. With this in mind, those that…