“The Celo ecosystem is excited to bring more RWAs on-chain through our partnership with Circle and the launch of USDC on Celo,” Isha Varshney, head of strategy and innovation at the Celo Foundation, said in a statement. “We want to be the best ecosystem for stablecoins, which has proven to be among the industry’s prevailing use cases, as institutional investors come into Web3.” Source
Month: January 2024
The revolutionary Massa ecosystem is launching now – Blockchain News, Opinion, TV and Jobs
Paris, France, January 30th, 2024, Chainwire With a 150k-strong community, thousands of nodes around the world, a custom consensus technology, and its native MAS token, the award-winning Massa blockchain is launching with unique features such as Autonomous Smart Contracts, enabling decentralization and resilience. Massa’s vision is to allow apps to be deployed on thousands of computers around the world and operate autonomously forever without relying on any external infrastructure, while being resistant to censorship and hacking. After a successful mainnet bootstrap on January 15th, 2024, millions of blocks and close…
Transak Joins Visa Direct to Convert Crypto to Fiat on Credit Cards
“By enabling real-time card withdrawals through Visa Direct, Transak is delivering a faster, simpler and more connected experience for its users, making it easier to convert crypto balances into fiat, which can be spent at the more than 130 million merchant locations where Visa is accepted,” Yanilsa Gonzalez-Ore, North America head of Visa Direct and Global Ecosystem Readiness, said in a statement shared with CoinDesk. Source
Dogecoin, Shiba Inu and Sponge meme coins rallying
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Leading meme coins are rallying. Dogecoin (DOGE) is up 3.68% while Shiba Inu (SHIB) added 3.52%. Meanwhile, the upcoming meme coin, Sponge, is up 50% in the last month. DOGE and SHIB rallying Several positive developments in the crypto market have contributed to its recovery from last week’s sell-off. These moves, primarily related to Bitcoin, are expected to drive broader market bullish sentiment and support altcoin growth. The launch…
Bitcoin (BTC) Worth $2.1B Seized by German Police
The claim is related the operation of a piracy website in 2013 that violated the Copyright Act. Proceeds of that venture were then converted to bitcoin. One of the two suspects voluntarily transferred the bitcoin to the Federal Criminal Police Office (BKA), the statement said. Original
Shiba Inu Burn Rate Surges Over 1,400%, As Price Recovers
Shiba Inu, an Ethereum-based meme coin, is presently in the limelight as its burn initiative has witnessed a significant surge in its token burn rate in the past day, suggesting increased engagement from the community. Shiba Inu Daily Burn Rate Skyrockets Data from Shibburn reveals that the last 24 hours have seen a notable spike in the Shiba Inu burn rate. The tracker reported that the burn rate has recorded a massive 1,411% increase today, January 30. According to the platform, over 61 million SHIB tokens have been incinerated in…
MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit. Source
Crypto Exchange Bitpanda to “Off-Board” Dutch Customers
“Bitpanda is committed to its mission to cooperate and comply with the latest regulatory landscape as dictated by local regulators, which is why Bitpanda has decided to off-board Dutch residents from the broker platform,” a spokesperson for the Vienna-based company said in the email. Source
Magic Eden debuts ‘Emmy’, a multi-chain wallet for streamlined NFT trading
NFT marketplace Magic Eden has launched its web3 wallet Emmy, featuring multichain compatibility for improved utility. The new wallet broadens the scope of compatibility, functioning seamlessly with Solana, Bitcoin, Polygon, and Ethereum, and is tailored specifically for users active in the NFT marketplace and those engaged in cross-chain collecting. In its official announcement on Jan. 29, Magic Eden conveyed its enthusiasm about the wallet’s public release, underscoring its potential to transform the NFT industry for both collectors and traders. The need for a “singular, unified wallet,” as identified by Magic…
Portal Raises $34M in Seed Funding for BTC-Based DEX
“As a staking and swapping layer, interoperability layer and execution layer, Portal’s infrastructure will enable any user to swap bitcoin across a range of blockchains and back in seconds without giving up custody, privacy or security,” Portal said. Source