Month: March 2024

Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor

According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Viral ‘Cardano Girls’ Video Sparks Conversation About The Project

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Cardano (ADA) has received plenty of criticism over the years, whether it’s ADA’s price performance, its founder’s personality, or its community’s “beef” with Solana. This time, the project’s marketing team made the headlines after a viral video of female Cardano users became viral on social media. The ‘Cardano Girls’ video has sparked a conversation about the project’s efforts to reach a broader audience. A Breath Of Fresh Air In The Community The ‘Cardano Girls’ video was uploaded by Lily Brodi, a content creator and Cardano user, and went viral in…

Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into ‘Artificial Superintelligence’ Coin

The teams from Fetch.ai, Ocean Protocol, and Singularitynet (SNET), three top projects in artificial intelligence (AI) on the blockchain, have announced their intention to amalgamate their tokens into a unified cryptocurrency named “artificial superintelligence (ASI).” 3 Top AI Tokens to Combine Into a Single Coin Called ‘ASI’ In a communication dispatched to Cryptox.trade News, the […] Source CryptoX Portal

Ondo Finance Joins BlackRock Tokenized Fund As Inflows Surpass $160M

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BlackRock, one of the largest asset managers globally, has witnessed notable success with its newly launched tokenized money-market fund, BUIDL. The fund, which records shared ownership on the Ethereum (ETH) blockchain, has attracted over $160 million in just one week since its debut.  BlackRock’s BUIDL Fund According to a Bloomberg report, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) primarily invests in cash, US Treasury bills, and repurchase agreements. The fund rewards its holders with a cryptocurrency, BUIDL, valued at $1 per token.  Shareholders can transfer these tokens to other…

Ethereum and Litecoin holders eye Kelexo P2P lending platform

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Kelexo garners attention for its innovative P2P lending platform, drawing interest from Ethereum and Litecoin holders. Kelexo (KLXO) is a blockchain project that brings to life the concept of a decentralized P2P lending platform where loan lenders and borrowers are free to interact with each other away from the influence of a third party. Now in the second stage of its presale, Kelexo has revealed details of its P2P…

$9.5 Billion In Bitcoin Options Poised To Expire This Friday: Market Turbulence Ahead?

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This Friday, the spotlight is turned to Deribit, the leading crypto derivatives exchange, as it gears up for a notable event in its trading history. Particularly, the exchange is poised to witness the expiration of over $9.5 billion in Bitcoin options open interest. For context, Open interest refers to the total number of outstanding derivative contracts, such as futures or options, that have not been settled or closed. It represents the number of contracts market participants hold at the end of each trading day.  This surge in open interest recorded…

Mantle (MNT) Soars 40% In One Day To New All-Time Highs, Next Target Revealed

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Layer 2 (L2) blockchain Mantle (MNT) has demonstrated remarkable performance, surpassing most of the top 100 cryptocurrencies in the market. The token has surged by 40% in the past 24 hours, reaching a new all-time high (ATH) of $1.49.  Mantle Network’s Layer 2 Solution Mantle Network operates as an Ethereum Virtual Machine (EVM)-compatible L2 scaling solution to provide a deeper understanding of the protocol. It leverages Optimistic rollups to enable fast and cost-effective transactions.  The unique aspect of Mantle lies in its modular design, which combines Optimistic rollups with a…

Crypto Analyst Reveals Next Target

The XRP price has largely left many of its enthusiasts feeling dissatisfied during this bull cycle, as it has failed to reach the $1 mark despite the bullish sentiment surrounding cryptocurrencies. However, crypto analyst EGRAG CRYPTO believes a $1 XRP price is still possible in this cycle, as he predicted a price surge in the near term. From this analyst’s technical perspective, recent price action has seen XRP forming a “W” pattern, making it ready for a massive push above $1. XRP Price Pattern Signals A Potential Massive Move XRP’s…

Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in Crypto

Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said Goldman Sachs’ Asia Pacific head of digital assets. Goldman Sachs’ Clients Getting Active […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Zircuit Launches ‘Build to Earn’ Program With Rewards for Devs

March 28: Zircuit, a fully EVM-compatible ZK rollup with parallelized circuits and AI-enabled security, launched its Build to Earn program on Wednesday to incentivize builders, founders and community members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit currently has over $700 million staked. According to the team: “Developers and ecosystem contributors who participate in the program stand to receive rewards for approved contributions.” Source