In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Cryptox.trade News that the accomplishment underscores the company’s commitment to data security and customer trust, paving the way for broader Web3 industry collaborations with heavily-regulated companies worldwide. Transak […] Source CryptoX Portal
Solana (SOL) has been experiencing some volatility this week, but analysts seem optimistic about an ‘imminent markup’ around the corner. In the past 24 hours, Solana (SOL) has registered a 10.6% increase after breaking through the $140 barrier again. Solana Rises Above $140 January of 2022 marks the last time Solana’s native token traded above the $140 price range. On Thursday, the fifth-largest cryptocurrency by market capitalization hit a new high and followed the uptrend the crypto market is experiencing. JUST IN: #SOLANA BROKE $140 🚀#SOL $SOL pic.twitter.com/KbHkiwm8uf — 👑BitcoinExpert.sol👑…
Wall Street veteran Shannon Thorp has publicly admitted that her earlier bullish price projections for the XRP price have expired. The forecast, which had previously been a source of speculation and expectation within the XRP community, has fallen short of realization, leading market observers to further reflect on XRP’s price dynamics. XRP Price Prediction Falls Flat On Friday, March 1, Thorp took to X (formerly Twitter) to announce that her earlier ambitious forecast of XRP had come to an end. The Wall Street veteran acknowledged that her predictions had fallen…
Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is just beginning to contemplate the introduction of a central bank digital currency (CBDC). Powell Assures No Direct Fed Accounts in CBDC Plans, Seeks Congressional Go-Ahead In his conversation with the Senate Banking Committee, Fed Chair Jerome Powell explored the […] Source CryptoX Portal
The SEC postponed a decision on two requests to bring options on spot Bitcoin ETFs to market following the successful launch by nine issuers, excluding Grayscale’s GBTC. According to a March 6 filing, the U.S. SEC delayed approving, denying, or initiating rule change processes for an application to list and trade options on BlackRock’s iShares Bitcoin ETF (IBIT) filed by Nasdaq. A comment period for the proposal has already opened, and some five people have supplied feedback, asking the SEC to greenlight options trading on BlackRock’s spot Bitcoin (BTC) ETF.…
George Town, Grand Cayman, March 7th, 2024, Chainwire Zircuit, a zk rollup with parallelized circuits and AI-enabled security at the sequencer level, today announced its staking program has surpassed $500M in TVL. Currently in testnet phase, Zircuit is poised to hit a mainnet TVL on day one that surpasses major blockchains such as Linea, Manta, Mantle, Near, Scroll, Aptos, and zkSync. Remote Blockchain Education – Blockchain Partners Next week, Zircuit will integrate Ethena, adding to its growing list of supported protocols for Zircuit Staking. Users who stake USDe with Zircuit…
K33Research spots spikes in website traffic to crypto exchanges, suggesting retail is gradually returning. K33Research Senior Analyst Vetle Lunde has seen a sharp increase in website traffic for cryptocurrency exchanges. Thus, 90-day website traffic increased by 45% from August to October. Website traffic data confirms that retail is gradually returning to the market 90-day website traffic to crypto exchanges has increased 45% from the Aug-Oct figures Similarly, website traffic to CMC and CoinGecko is up 66% Still, both are well behind the summer of 2022 pic.twitter.com/wctju01fDQ — Vetle Lunde (@VetleLunde)…
The cryptocurrency project Worldcoin, spearheaded by Sam Altman, has faced another setback as Spain takes steps to block the venture. The Spanish data protection regulator, AEPD, has ordered Worldcoin to immediately halt the collection of personal information within the country and cease using the data it has already gathered. Concerns Over Worldcoin Eyeball-Scanning Data Collection According to a Financial Times report, the AEPD expressed concerns about the project’s use of an eyeball-scanning “orb” to collect customers’ data. The regulator is expected to announce a “precautionary measure” on Wednesday, and Worldcoin…
Shapeshifting Justice: The SEC’s Weakest Case Yet Source
With over $10 billion in inflows in less than two months, the spot bitcoin ETF is already considered the most successful product launch in ETF history, drawing widespread mainstream attention to the exciting crypto asset class. With its supply cap of 21 million tokens, bitcoin’s narrative as “digital gold” or a store of value is easily understood. Now, investors are asking, “What’s next?” Source