Day: July 19, 2023

ATPBot launches automated crypto trading bot for investors

ATPBot has released an auto-trading bot with simplified features for both novice and experienced traders. ATPBot focuses on quantitative trading strategy development and services. ATPBot utilizes artificial intelligence (AI) to develop and execute quantitative trading strategies for cryptocurrency investors. It offers preset parameters and extensive historical back-testing, providing users with proven strategy options without manual configuration. Source: ATPBot, 40-month backtest profit 879%, max drawdown 33% Using ATPBot requires three steps. After connecting to a crypto exchange API, the user selects a strategy that matches their requirements and enters the investment amount.…

Cosmos-Based Staking Protocol Stride Will Move to ATOM-Powered Security Model

“STRD has a hard cap of 100 million tokens. According to the original tokenomics, in the first year, 2,608,200 STRD is emitted as staking rewards. As part of Stride’s transition to ICS, that figure will be reduced by half, to 1,304,100 STRD annualized. This reduction will be implemented in a preparatory chain upgrade prior to the transition to ICS,” the official blog said. Source

Robert F. Kennedy Jr vows to back US dollar with Bitcoin if elected president

Democratic presidential candidate Robert F. Kennedy Jr. has promised to progressively back the United States dollar with Bitcoin (BTC) if he is elected president.  Speaking at a July 19 Heal-the-Divide PAC event, Kennedy claimed that backing the U.S. dollar with what he called “hard currency,” including gold, silver, platinum or Bitcoin, could help to re-stabilize the American economy. “Backing dollars and U.S. debt obligations with hard assets could help restore strength back to the dollar, rein in inflation and usher in a new era of American financial stability, peace and…

Robert F. Kennedy Jr. vows to back US dollar with Bitcoin if elected president

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Democratic presidential candidate Robert F. Kennedy Jr. has promised to progressively back the United States dollar with Bitcoin (BTC) if he is elected president.  Speaking at a July 19 Heal-the-Divide PAC event, Kennedy claimed that backing the U.S. dollar with what he called “hard currency,” including gold, silver, platinum or Bitcoin, could help to re-stabilize the American economy. “Backing dollars and U.S. debt obligations with hard assets could help restore strength back to the dollar, rein in inflation and usher in a new era of American financial stability, peace and…

Binance cuts ties with the Argentine Football Association 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has cut ties with the Argentine Football Association (AFA), citing a breach of contractual agreement. Binance Argentina announced its decision to end the partnership deal with the AFA stems in a tweet on July 17. Despite being given ample opportunities, the AFA fell short of fulfilling its obligations, which conflicted with Binance’s core business values and principles, stated the exchange. The partnership was originally intended to span five years,  making Binance the primary sponsor of…

Altcoins ‘bled’ with Bitcoin’s dominance hike in Q2: CoinGecko

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The second quarter of the year has been a solid one for Bitcoin’s performance as its market dominance gained against altcoins which “bled” throughout the quarter according to CoinGecko. On July 18, the crypto data aggregator released its industry report for Q2 2023 which noted Bitcoin (BTC) and Ether (ETH) continued to build upon their Q1 gains over Q2. Meanwhile, Binance Coin (BNB), XRP (XRP) and Cardano (ADA) suffered double-digit losses over that time. CoinGecko said BNB and ADA saw the largest losses as both were labeled securities in lawsuits…

Australia’s financial regulator cancels license for FTX’s local entity

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The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary — effective July 14. On July 19, the Australian Securities and Investments Commission (ASIC) announced the cancellation, before noting that FTX Australia will still be allowed to provide limited financial services while it wraps up its dealings with clients until July 12 next year. It would still be bound to make arrangements for compensating clients until that time, the regulator said. FTX Australia had around 30,000 retail clients and serviced…

Aptos falling as Tradecurve remains firm, attracting DeFi fans

The recent altcoin revival captured investors’ attention, but not all tokens benefited. Aptos, for example, is down on the daily chart. On the other hand, Tradecurve’s prices are trending higher, drawing more decentralized finance (DeFi) enthusiasts. >>Register for the Tradecurve presale<< Aptos in the red zone Aptos recently released the Petra Wallet on Google Play and the Apple App Store. Moreover, the project also introduced the Aptos Improvement Proposal (AIP-10), Move Objects. The proposal aims to enhance resource control and ownership management performance and storage. As of July 11, 2023,…

Tachyum’s Prodigy Processors: A Game-Changer for Blockchain in Banking and FinTech

Tachyum, a leading tech company, has recently published a paper titled “Credit Unions, Blockchain, CBDC, FinTech and Tachyum Prodigy” on July 18, 2023. The paper highlights the potential of Prodigy, the world’s first Universal Processor, to revolutionize transactional banking and significantly reduce the environmental and financial costs associated with blockchain’s energy consumption. FinTech companies are using blockchain technology more often because it enables direct payments between payer and payee without the need for a middleman. PricewaterhouseCoopers estimates that 77% of FinTech firms are either utilising blockchain now or moving to…

Polychain Capital, Coinfund raise $350M for new crypto funds: Report

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Over $350 million has been raised by crypto venture capital firms Polychain Capital and Coinfund, whirespective reported raises of $200 million for a new investment fund and $152 million for a seed fund. A July 18 Forbes report said Polychain’s $200 million sum was raised in the “first close” of its fourth investment fund, according to sources familiar with the matter. The close means Polychain has now signed agreements with investors and can begin issuing funding to startups and projects. Despite the significant raise, Polychain still intends to raise $400…