Crypto.com has announced an extension of its partnership with Formula 1, ensuring their collaboration continues through 2030. Formula 1 and Crypto.com Solidify Long-Term Collaboration Crypto.com, the cryptocurrency platform, which began its association with Formula 1 in 2021, highlighted this renewal as a commitment to fostering innovation and engagement in sports and technology. Since the partnership’s […] Source CryptoX Portal
On Wednesday, BlackRock, the world’s largest asset manager, successfully acquired municipal debt through a transaction that exclusively utilizes blockchain technology. According to a Bloomberg report, this marks the first instance of municipal bonds being purchased, settled, and held entirely on a blockchain platform. BlackRock’s Historic Bond Deal Per the report, the bonds were issued earlier this year by the city of Quincy, Massachusetts, and were underwritten by JPMorgan Chase & Co. The transaction was facilitated through an application on JPMorgan’s private, permissioned blockchain platform, known as Digital Debt Service. Interestingly,…
December 19, 2024 – London, United Kingdom As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature – ‘duress mode.’ This technology, integrated into Deus’s non-custodial framework, provides an added layer of security to help safeguard cryptocurrency assets and user safety in high-risk situations. The issue – Crypto security is more than digital While digital security has advanced with multi-signature wallets, biometric authentication and hardware devices,…
Este artículo también está disponible en español. The Bitcoin price action in the past 24 hours saw it breaking below the $100,000 price mark again very briefly before breaking above it again. Particularly, Bitcoin’s price action in the past 24 hours has been between $98,839.87 and $105,306, highlighting the potential corrections that could occur as the cryptocurrency continues to edge upwards. This fluctuation comes amid a broader bull market cycle that analysts like CryptoCon suggest is far from over. Bitcoin Crash Below $100,000 Not The End Crypto analyst CryptoCon has…
El Salvador’s agreement with the IMF could shutter the country’s state-backed Bitcoin wallet Chivo, but not its overall BTC support. Bitcoin-friendly nation El Salvador will sunset or sell its Chivo crypto wallet as it scales back Bitcoin (BTC) activity as part of terms to secure a $1.4 billion International Monetary Fund loan. Stacy Herbert, director of El Salvador’s national Bitcoin office, said the decision was part of its agreement with the IMF. Notably, Chivo’s fate will not impact BTC laws in the country, and Bitcoin will remain available as legal…
The International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide a $1.4 billion credit facility to fund the country’s reform agenda. In exchange, El Salvador agreed to scale back bitcoin’s economic involvement to mitigate risks derived from its implementation. El Salvador to Receive $1.4 Billion Credit From the IMF, […] Original
PRESS RELEASE. Lightchain AI is making waves in the blockchain and crypto space, quickly amassing nearly $3 million in their groundbreaking token presale initiative. But they’re not stopping there. This innovative project has its sights set on redefining how Ethereum ERC20 smart contracts operate, introducing a game-changing approach that promises to revolutionize the blockchain industry. […] Source CryptoX Portal
Este artículo también está disponible en español. As 2025 draws near, market experts are talking a lot about how much Ethereum and Solana are competing with each other. Both cryptocurrencies have grown by leaps and bounds in 2024, nevertheless, perspectives vary on which will finally prevail in the altcoin industry in the forthcoming year. Related Reading The Swift Ascendancy Of Solana Solana’s outstanding numbers have attracted interest. It outperformed Ethereum in several important benchmarks in December, including application income and decentralized exchange (DEX) volume: Solana brought in about $141 million…
Marathon Holdings restocked over $1.5 billion worth of Bitcoin using proceeds from its convertible note offering. Bitcoin (BTC) infrastructure firm Marathon Holdings acquired 15,574 BTC for an estimated $1.53 billion after raising nearly $2 billion through a 0% convertible note sale in November and December. Marathon shared a Securities and Exchange Commission Form 8-K filing on Dec. 19, revealing it bought its latest BTC tranche at an average price of $98,529 per Bitcoin. U.S. publicly traded companies use Form 8-K documents to disclose developments relevant to shareholders. Marathon Holdings now…
It was a sea of red in the crypto industry as Bitcoin price dropped below $100,000 briefly and the crypto fear and greed index moved from the extreme greed zone of 88 to 69. So, why did crypto crash this week? Bitcoin (BTC), he largest cryptocurrency, was trading at $102,300 on Dec. 19, while Ethereum (ETH) dropped to $3,600. Some of the top laggards were coins like Cosmis, Floki, THORChain, Curve DAO Token, and Fantom. Crypto crashed because of the Fed decision The most important reason why the crypto crash…