The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired by the BIS Innovation Hub’s “Project Rosalind.” Fourteen teams from various sectors have been selected to propose innovative use cases. The challenge aims to integrate digital shekel with other payment systems and […] Source CryptoX Portal
Anthony Scaramucci, founder of Skybridge Capital, believes that U.S. Vice President Kamala Harris is open-minded about crypto. Criticizing the narrative that her administration is hostile toward cryptocurrency, he predicted that SEC Chair Gary Gensler will be fired and Senator Elizabeth Warren will be sidelined as financial services czar in a Harris administration. “Let’s keep crypto […] Source CryptoX Portal
With the 2025 bull run around the corner, the Render Network price can rise dramatically. The surge in demand for 3D graphics in entertainment raises the question: Could RENDER soar to $25 by 2025? Let’s explore the factors at play. What is Render? The Render Network is a decentralized platform for GPU rendering that allows artists to use powerful GPU nodes worldwide for their projects on demand. Node providers contribute their unused GPU power to a blockchain-based marketplace, which enables faster and cheaper rendering than traditional centralized services. In this…
BlackRock’s head of digital assets, Robert Mitchnick, said Bitcoin ETFs currently draw more investor demand than Ethereum funds. The Bitcoin 2024 conference in Nashville, which is expected to attract 20,000 crypto enthusiasts, comes as exchange-traded funds now offer exposure to the largest cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH). Spot ETH ETFs are the new market entrants, but spot BTC ETFs have traded since January and amassed over $60 billion in assets under management, per SoSoValue. Mitchnick remarked that it’s still early, and flows have yet to indicate whether investors will…
According to onchain data, a significant whale holding over 92,500 ether moved the funds to an unidentified wallet. Arkham Intelligence data suggests the funds may have been linked to the Ethereum Foundation, though this is not confirmed. Originally, the funds were transferred to a mysterious wallet on Sept. 1, 2015. Significant Ether Transfer Worth $288M […] Source CryptoX Portal
Blockchain analytics firm Arkham Intelligence has launched a new feature that enables users to connect their Coinbase Wallets directly to its platform. The integration enables users to track their crypto holdings and transactions seamlessly on Arkham. Arkham’s platform specializes in de-anonymizing blockchain transactions and linking them to real-world entities and individuals. It is known for identifying individuals who have moved large amounts of crypto on the blockchain. Announcing Arkham X Coinbase Wallet! You can now connect your Coinbase Wallet to Arkham to track your holdings & transactions directly on the…
Indian crypto exchange Wazirx has provided an update on its progress to enable users to withdraw funds and resume trading on its platform following a cyberattack that caused a loss of over $230 million. “Our preliminary investigation reveals no evidence of compromise on our signers’ machines. We are continuing to explore all possible sources of […] Source CryptoX Portal
A new crypto is going viral, and it’s got a pretty hilarious name: WienerAI (WAI). With just six days left in its presale, the crypto community is taking notice. And some experts even believe WAI’s price will explode when it makes its long-awaited exchange debut. WienerAI Offers Unique Combo of Meme Coins & Artificial Intelligence […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Marathon Digital Rebrands to MARA, Boosts Bitcoin Holdings MARA (Nasdaq: MARA), a leader […] Source CryptoX Portal
Based on recent data, after a period of inflows, nine U.S. spot ethereum exchange-traded funds (ETFs) experienced withdrawals totaling $133.16 million on Wednesday. The majority of these withdrawals came from Grayscale’s ETHE, which saw a significant $326.86 million in outflows on July 24. Wednesday Sees $133M Exit U.S. Ethereum ETFs, Grayscale’s ETHE Major Driver U.S. […] Source BitcoincryptoexchangeExchanges CryptoX Portal