Per the Securities and Futures Commission (SFC) of Hong Kong, the region’s newly authorized spot bitcoin and ethereum exchange-traded funds (ETFs) are set to commence trading on Tuesday, April 30, 2024. Anticipation Builds for the Rollout of Bitcoin and Ethereum ETFs in Hong Kong Recently, the SFC of Hong Kong announced its approval for several […] Original
Day: April 24, 2024
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
The tool, called Bitcoin Conversions, will set eligible Square users up with a dedicated Cash App account programmed to receive 1% to 10% of their store’s revenues, which will then be converted on their behalf into BTC, which can then be held, sold or transferred “as they see fit.” The service will be limited to sole proprietors or single member LLCs until a full rollout to Square customers in the coming months. Original
Crypto coins to consider ahead of Bitcoin halving: TRX, SOL, KangaMoon
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the Bitcoin halving approaches, investors focus on promising cryptocurrencies like TRON, Solana, and the rapidly rising KangaMoon for significant growth opportunities. As the Bitcoin halving event draws closer, several investors are looking for promising cryptocurrency to invest in April. Three among those worth considering are TRON, Solana, and KangaMoon. While investors are still determining which to pick, these coins offer unique features and promising potential for growth. KangaMoon…
Renzo Restaked ETH Suffers a Brief Crash on Uniswap
“People sold ezETH on Uniswap, and they had lower liquidity, so the slippage caused the price to drop to below $700, which caused massive liquidation on [generalized leverage protocol] Gearbox and [lending protocol] morpho,” Hitesh Malviya, founder of crypto analytics platform DYOR, told CoinDesk. Source
Solana Market Cap Skyrockets $11 Billion As Price Jumps 17%
Solana, like many Proof-of-Stake (PoS) cryptocurrencies, relies on a decentralized network of validators who secure the network by staking their SOL coins. In exchange for staking, validators earn rewards. However, as Solana’s price began its recent ascent, a noticeable decline in staked SOL was observed. This suggests that some validators are choosing to unstake their coins, potentially to capitalize on the price surge and book some early profits. Solana Market Cap And Price Soar Meanwhile, on Tuesday, Solana enjoyed a stellar day, surging 17% and adding over $11 billion to…
Crypto Custody Firm Fireblocks Offers DeFi Threat Detection for Institutions
“We’ve mapped out the user journey of a DeFi and Web3 trader,” Madar said in an interview. “Usually, it starts when you scan with your phone and connect to a dApp and are asked to start signing transactions. We put mitigations and detection mechanisms throughout this journey. For instance, we scan the transaction, we scan the counterparty, we try to make sense of the contract, and also offer transaction simulation, essentially giving you the bottom line of what you should be expecting.” Source
Bitcoin Payments App Strike Launches for European Customers
Strike, a product of Chicago-based Zap Solutions that is led by entrepreneur Jack Mallers, launched in the U.S. in 2020. The app can be compared to Cash App or PayPal, two popular online payment systems, in that it lets customers send and receive money around the world. The difference is that Strike uses the Bitcoin blockchain to do so, making transfers faster and cheaper than other alternatives. Original
How a Conservative German Bank Offering Crypto Makes Sense
The current institution emerged in 1999 as the result of a merger, but the family tree goes back as far as 1818. Despite being owned by the Federal State of Baden-Württemberg, the Savings Bank Association of Baden-Württemberg, and the City of Stuttgart, LBBW has typically been more aggressive than many of its peers. It is one of the largest participants in Germany’s bond market, one of the largest real estate lenders in Germany, and yet can still boast high debt ratings. Source
Bitcoin Minetrix presale enters final stage ahead of exchange listing
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Bitcoin Minetrix presale enters its final stage with an upcoming exchange listing, drawing significant investor interest and anticipation. The presale for Bitcoin Minetrix (BTCMTX) – the mining platform that’s got everyone talking – is headed into the home stretch. And with an exchange listing just days away, investors are looking to acquire BTCMTX before the token hits the open market. Last call for BTCMTX presale The final curtain…
Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins” – Blockchain News, Opinion, TV and Jobs
Dubai, United Arab Emirates, April 24th, 2024, Chainwire “Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption. Bandit Network, a leading provider of White-Labelled Quest solutions with Points SDK, proudly announces its collaboration with Astar Network to power the ongoing “Yoki Origins” journey. Launched on March 8th, this innovative user onboarding journey coincides with the mainnet release of Astar zkEVM, a Layer 2 scaling solution for Ethereum. This collaboration represents a significant milestone…