Month: March 2023

Bitcoin․com Partners with HAPI to Launch High-Yield Farm on Verse DEX and Enhance Wallet and DEX Security – Press release Bitcoin News

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press release Bitcoin.com, a global leader in accessible cryptocurrency products and education, has taken another step forward in enhancing user experience by integrating HAPI’s service into the self-custodial Bitcoin.com Wallet and onboarding the HAPI token on its Verse DEX with a USDC/HAPI trading pair. Bitcoin.com and HAPI are now offering highly attractive yield on the USDC/HAPI Farm. Users can stake their liquidity pool tokens to earn these attractive rewards. This exciting partnership with HAPI Protocol, an innovative cybersecurity and anti-money laundering solution, aims to improve the security of the multichain…

Lido Unveils Plans to Facilitate NFT Unstaking Using ETH Withdrawal Requests

Leading DeFi protocol Lido revealed that its NFT unstaking scheme would come full circle after the Ethereum Shanghai upgrade.  Prominent decentralized finance (DeFi) protocol Lido has announced plans to incorporate non-fungible tokens (NFTs) into its unstaking process. Yesterday, the largest DeFi protocol by total value locked intimated on the plans during its Node Operator Community Call #5. According to Lido, users will receive a transferable NFT that represents their request withdrawal for their staked Ether (ETH). These withdrawals, which are part of the process of users unstaking their ETH, will…

Arbitrum Shows Just How Messy (and Tricky) Crypto Airdrops Can Be

For months leading up to the airdrop, even before there was official confirmation of an ARB token, scammers were spinning up spoof Arbitrum airdrop links and promoting them on Twitter, Discord and Telegram in an effort to phish unwitting investors – gaining access to their crypto wallets and sensitive personal data. Before the airdrop went live, more than 10,000 people fell prey to fake Arbitrum airdrop schemes, according to at least one analysis shared with CoinDesk by the Web3 antivirus firm De.Fi. Source

SEC chief Gary Gensler to face Congress grilling over crypto policy

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The United States Securites and Exchange Commission chief Gary Gensler is set to testify before the the House Financial Services Committee for the first time. In an interview, Patrick McHenry, chairman of the Financial Services Committee, confirmed that the SEC chief would have to face Congress’ questions over his approach towards the crypto ecosystem on April 18. #NEW: Chairman @PatrickMcHenry confirms @SECGov Chair Gary Gensler will testify before the House Financial Services Committee on April 18th. Republicans will hold @GaryGensler accountable for his flagrant disregard for the law, jurisdiction, and…

Singaporean Women Outpacing Men in Cryptocurrency Trading, Report Shows

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According to the Independent Reserve Cryptocurrency Index Singapore 2023 report, women in Singapore are slightly more likely than men to profit from their cryptocurrency investments or at the very least break even. In February, 1,500 average Singaporeans participated in the Independent Reserve Cryptocurrency Index (IRCI) survey, which asks participants about their sentiments on cryptocurrencies. The survey results stated 76% of women said they had either made money or broken even on their cryptocurrency investments — as opposed to only 72% of men. It stated that this is the first time…

Bitcoin (BTC) climbs to $28k as traders shrug off regulatory crackdown

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Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Industry insiders said the bank collapses have sent investors looking for alternatives to the traditional banking system and there is also anticipation of a slowdown in interest rate rises, which is helping bitcoin. Filip Radwanski | Sopa Images | Lightrocket | Getty Images Bitcoin climbed sharply Wednesday as investors shrugged off initial fears surrounding U.S. regulators’ crackdowns on industry giants and became willing to take some risk. The world’s largest cryptocurrency surged 5% in the past…

ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests

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The price of Arbitrum (ARB) has dropped by nearly 20% a week after establishing its record high at $1.60 on March 23. However, the Ethereum layer-2 token looks set to resume its uptrend in the coming weeks. Polygon price fractal The cues for a bullish Arbitrum token could be traced back to its Ethereum L2 rival Polygon’s market debut. MATIC started trading on Binance on April 26, 2019, at $0.0026 per token. MATIC/USD rallied nearly 300% to reach $0.0105 on the same day before wiping out 70% of those gains…