Day: July 14, 2024

Exploring New Revenue Streams with Blockchain Payment Use Cases

Terrill Dicki Jul 14, 2024 04:56 Discover how blockchain technology is revolutionizing the payments sector, offering new revenue streams and efficiency gains for businesses. Blockchain technology is making significant strides in the payments sector, with some of the largest industry names adopting this innovation. According to Fireblocks, blockchain’s ability to facilitate the movement of value is comparable to traditional systems like SWIFT, SEPA, and FedNow, often surpassing them in efficiency. The question for payment businesses is no longer whether blockchain payments will…

Nigerian Judge to Rule on Binance Tax Evasion Case in October

Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register with the Federal Inland Revenue Service (FIRS). Binance’s lawyer Ayodele Omotilewa pleaded not guilty to […] Source CryptoX Portal

Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Standard Chartered-Backed Blockchain Firm Partior Closes $60 Million Series B Round

Blockchain firm Partior announced on July 12 that it had closed a $60 million Series B funding round led by Peak XV Partners. The investment will be used to enhance Partior’s capabilities, including intraday foreign exchange swaps, cross-currency repos, and just-in-time multi-bank payments. Partior Aims to Integrate Ten More Currencies JPMorgan and Standard Chartered-backed blockchain […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Putin Envisions Official BRICS Parliamentary Organization

Russian President Vladimir Putin believes that the BRICS economic bloc will have its own official parliamentary organization in the future. Speaking at the 10th BRICS Parliamentary Forum, Putin emphasized the importance of parliaments in promoting multilateralism and global security. He highlighted BRICS’ principles of democracy, sovereignty, and mutual respect, and called for collective efforts to […] Source CryptoX Portal

Ripple CEO and Legal Chief Reflect on Landmark Victory Against SEC Over XRP

Ripple’s chief executive and chief legal officer have reflected on the crypto firm’s win against the U.S. Securities and Exchange Commission (SEC) regarding XRP as the anniversary of the court ruling approached. The CEO described the ruling as a milestone for both Ripple and the cryptocurrency industry. “The court’s ruling that XRP is not a […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible?

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Jamie Coutts, the chief crypto analyst at Real Vision, has highlighted an indicator that paints a bullish picture for Bitcoin (BTC). Based on this indicator, the crypto analyst suggested that a reversal might already be on the horizon for the flagship crypto.  Bitcoin Hashrate Decline Is Slowing Coutts mentioned in an X (formerly Twitter) post that Bitcoin’s hash rate decline is slowing, which he noted usually precedes a bottom ad reversal of the bearish cross, which happened after the halving event. He, however, warned that a bullish reversal still depends…

TRUMP Meme Coin Soars After Attack on Former US President

Following the assassination attempt on former President Donald Trump, the meme token associated with his name, maga (TRUMP), jumped over 40% against the U.S. dollar. The token experienced a wide intraday trading range, fluctuating between a low of $6.18 per coin and a 24-hour high of $9.68. At 8:30 p.m. EDT on Saturday, several hours […] Source CryptoX Portal

Trump’s Odds of Winning Presidential Election Soar in Prediction Markets After Assassination Attempt

Former U.S. President and current presidential candidate Donald Trump was shot at a rally in Pennsylvania. Gunfire erupted while he was speaking, prompting Secret Service agents to rush him off the stage. Trump was seen with blood on the side of his head and ear. His chance of winning the November presidential election immediately surged […] Source CryptoX Portal