ICE’s crypto marketplace Bakkt exploring sale

Crypto warehouse Bakkt is reportedly exploring a potential sale amid increased crypto-related takeover activity. Bakkt, a crypto custody and trading platform for institutional investors, appears to be evaluating a potential sale, Bloomberg has learned, citing sources familiar with the matter. The report comes at a time when the crypto market is seeing a spike in acquisition activity. Notably, fintech brokerage firm Robinhood recently announced its intention to acquire European crypto exchange Bitstamp for $200 million. Additionally, American Bitcoin mining giant Riot Platforms is exploring options to acquire its Canadian rival…

Aptos integrates dWallet for expanded multi-chain operability

Multi-chain-focused protocol dWallet has announced its arrival on the layer-1 blockchain to enhance the user experience in DeFi and web3 gaming.  Expanding dWallet’s technological stack to Aptos primarily aims to introduce Zero Trust Protocols (ZTPs) to the decentralized L1 network, enhancing native multi-chain interoperability within the Aptos ecosystem.  dWallet Network co-founder Omer Sadika highlighted that the partnership with Aptos allows users to conduct native Bitcoin (BTC) and Ethereum (ETH) transactions to the chain without the need for bridging or token wrapping requirements. “Doing so broadens horizons for defi and gaming”…

Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years

Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC for settlements during the next five years. Aksakov stressed that not many countries have made progress using these digital currencies, but he believes this will be addressed soon. Russian State Duma Official Bets on National […] Source CryptoX Portal

Crypto Exchange Bybit Announces Trading Support for Overseas Chinese

Cryptocurrency exchange Bybit has opened its platform to overseas Chinese residents for trading. The Dubai-based company’s decision is part of a strategy to draw new users while navigating the complexities of global regulatory scrutiny. “This move is in response to the growing demand for secure, reliable, and user-friendly cryptocurrency trading platforms among Chinese expatriates and […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Coingecko Data Breach Affects Nearly 2 Million Users

Coingecko experienced a data breach on June 5, compromising the personal information of nearly 2 million users. The breach occurred through its third-party email platform, Getresponse. Third-Party Email Platform Breach Hits Coingecko On June 5, 2024, Coingecko detected unusual activity on its third-party email marketing platform, Getresponse. An attacker had compromised a Getresponse employee’s account, […] Source CryptoX Portal

Jailed Binance Executive: 108 Former US Government Workers Echo Calls for Biden Administration’s Intervention

Over 100 former federal prosecutors and federal agents have asked the U.S. State Department to intensify its efforts to secure the release of Tigran Gambaryan, a U.S. citizen and Binance employee, from custody in Nigeria. In a letter addressed to Anthony Blinken, the 108 ex-government employees expressed concern that the U.S. efforts to date have […] Source CryptoX Portal

Mother Token Celebrity Iggy Azalea Mocks Ethereum’s Vitalik Buterin in Breastfeeding Meme

Iggy Azalea, the female rapper and composer behind the MOTHER token issued on Solana, mocked Vitalik Buterin, an Ethereum co-founder, using a meme that shows her carrying a baby with Buterin’s face after being breastfed. Besides posting the described meme, Azalea stated that “he was just hangry (sic).” Azalea’s reaction comes after Buterin’s statements against […] Source CryptoX Portal

TRON DAO at Consensus 2024 With Exclusive Whale Night Event

PRESS RELEASE. Geneva, Switzerland, June 7, 2024 – TRON DAO proudly marked its significant presence at Consensus 2024, held in Austin, Texas, as a 3 Block Sponsor. This premier blockchain and digital asset event brought together industry leaders, policymakers, and innovators to engage in crucial discussions shaping the future of the blockchain ecosystem. Consensus 2024: […] Source CryptoX Portal

Hong Kong Partners With Swiss Crypto Valley

Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both regions. The agreement, signed on June 6, 2024, aims to enhance collaboration, particularly in blockchain and cryptographic technologies. It also […] Source CryptoX Portal

Gaming tokens market cap soars above $30 Billion: what’s driving this frenzy?

What factors are driving the gaming tokens market cap beyond $30 billion, and which tokens are leading this surge? Gaming crypto tokens are having their moment in the sun, sparking excitement among traders with a wave of positive market sentiments.  Over the last week, the market cap for gaming crypto tokens has surged by nearly 11%, reaching over $30 billion as of June 6, according to CoinMarketCap. What’s really happening? Notcoin’s meteoric rise Leading this charge is Notcoin (NOT), which has experienced a jaw-dropping 135% surge in value, now trading…