US-based crypto exchange Kraken has unveiled its Ethereum (ETH) layer-2 blockchain that will be launched on testnet later this year. In a statement, Kraken says the layer-2 blockchain, called Ink, is designed to enable seamless access to decentralized finance (DeFi). The blockchain is built on Optimism’s Superchain, a network of interconnected layer-2 chains powered by the open-source OP stack. “As a natural evolution of our mission, Ink will serve as a seamless bridge to DeFi, empowering users to move onchain with confidence and ease.” Ink says it has all the…
Category: Exchanges
NYSE Proposes 22 Hour Trading on Arca Equities Exchange During Weekdays
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World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years
The World Bank reports that Nigeria lost over $8 billion due to the Central Bank of Nigeria’s (CBN) refusal to float the naira between 2021 and 2023. This foreign exchange subsidy, along with the fuel subsidy, deprived the government of revenue. The World Bank acknowledges the suffering caused by the government’s policies but insists they […] Source
Crypto Exchange Binance Adds Newly Launched Ethereum (ETH) Layer-2 Altcoin to Trading Roster
Binance, the world’s leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin. According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY. Binance says its customers can purchase Scroll using VISA, MasterCard, Google Pay, Apple Pay or with their wallet balances. According to Binance, Scroll is a project aiming to solve Ethereum network congestion and reduce its fees. “Scroll is a Layer-2 zkRollup solution using zero knowledge proof technology to scale Ethereum,…
People Will Care About Cryptocurrency When This One Thing Changes – SuperCryptoNews
This Tweet: Hey @MDBitcoin, guess what? That is incredible — incredible that so few people use their Bitcoins! Here are some other things that haven’t moved in a year: 99% of rocks. 93% of posters. 84% of dead people. (There’s a lot of demand for medical cadavers.) Years ago, I published Why You’re the Only One Who Cares About Bitcoin and Cryptocurrency. That was in 2019, before the 2021 explosion that brought crypto into the mainstream. It was a lonely and uncertain time. Nobody paid attention to Bitcoin. They thought crypto was dead, a…
New Cryptocurrency ICO FreeDum Fighters Raises $225,000 In Opening Weekend
The 2024 US Election is almost here, and it’s shaking up the market. Traders are speculating on what the outcome will mean for the economy and crypto regulation. But one project encapsulates this, providing a means of speculation while offering hilarious satirical escapades and captivating blockchain innovations. The project is called FreeDum Fighters ($DUM), and […] Source
Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil
The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and September 2024. Stablecoin volumes were significant, with Tether’s USDT leading the charge. The leading stablecoin registered volumes of $27.4 […] Source
Aussie Crypto Exchange’s Ex-CEO Charged for $1.5M Theft from Customer
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Crypto Exchange Zondacrypto Wins 7th License with CySEC Approval
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The Global Digital Asset & Cryptocurrency Association Announces Proposed Information Guidelines for Certain Tokens Made Available in the United States
Proposed Voluntary Framework for Digital Asset Tokens Designed to Identify Material Information Enabling the Market to Make Informed Decisions CHICAGO, Oct. 20, 2024 /PRNewswire/ — The Global Digital Asset and Cryptocurrency Association (Global DCA), in collaboration with Global Blockchain Business Council (BGGC), The Digital Chamber and the Proof of Stake Alliance, today announced the Proposed Information Guidelines for Certain Tokens Made Available in the United States, a comprehensive, voluntary framework designed to enhance transparency and enable informed decision-making in the rapidly evolving digital asset market. Prominent attorneys along with distinguished law…