Trace Launches ATP Tour Digital Collectibles on Sui Blockchain

Rongchai Wang Nov 07, 2024 13:43 Trace collaborates with ATP to mint digital collectibles on Sui, enhancing fan engagement with dynamic NFTs during the Nitto ATP Finals in Turin. In an innovative move to enhance fan engagement, Trace, a Web3 sports marketing platform, has launched digital collectibles on the Sui blockchain, according to Sui Foundation. This initiative involves a collaboration with the Association of Tennis Professionals (ATP) to commemorate significant moments from the Nitto ATP Finals, scheduled to take place in Turin…

Digital Asset Inflows Reach Record High With US Elections on the Horizon

The year-to-date inflows for digital assets hit a new high of $29.2 billion with inflows of $2.2 billion last week. This was according to Coinshares’ latest digital assets inflow report by head of research, James Butterfill. Coinshares: Record Numbers for Digital Asset Inflows With $2.2 billion in inflows, bitcoin (BTC) was identified in Coinshares’ analysis […] Source CryptoX Portal

750 US Convenience Stores Embrace Crypto: Sheetz Brings Digital Currency Payments to Mainstream

Convenience store chain Sheetz now accepts crypto payments at all its locations — over 750 stores across multiple U.S. states — allowing customers to pay with cryptocurrencies and earn rewards. Sheetz Customers Gain a New Way to Pay — And Get Rewarded American convenience store chain Sheetz has expanded its partnership with crypto payment firm […] Source CryptoX Portal

Opportunities for Blockchains and Digital Assets to Support and Enhance U.S. National Security

As national security experts, we invariably view emerging technologies through a lens that focuses on risk, mitigation and safety. We have decades of combined experience in numerous national security roles across the U.S. government, including careers at the FBI, CIA, U.S. Secret Service, and Departments of Justice and Treasury. Our experiences range from establishing the first dedicated digital asset illicit finance investigation unit, to high level roles at the CIA’s Center for Cyber Intelligence, to dismantling transnational organized criminal groups. Source

Bitcoin (BTC) Miner HIVE Digital (HIVE) Expected to Double Its Hashrate in the Coming Year, Initiate at Overweight: Cantor

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation.…

2,430% Surge: Why Central Bank Digital Currencies Are Set to Explode

The explosive growth of central bank digital currencies, expected to surge 2,430% by 2031, could revolutionize global payments, slashing cross-border transaction costs by billions. The Global Payment Shake-Up: CBDCs Poised to Transform Transactions Juniper Research, a market research and consulting firm specializing in digital technologies and innovation, released a report on Monday, forecasting a massive […] Source CryptoX Portal

Strategic Diversification in Bitcoin Mining and HPC – Bit Digital (BTBT) Analysis

Bit Digital is strategically navigating the post-halving era, opting for HPC opportunities instead of expanding hash rate at any cost. With a focus on generating predictable revenue, could BTBT emerge as the next dark horse among Bitcoin mining stocks? Analyzing Bit Digital’s (BTBT) Approach to Bitcoin Mining and HPC Diversification The following guest post comes […] Original

Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar

The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to reduce inefficiencies and avoid new barriers. The platform, which targets underserved regions like ASEAN, could reshape global finance and challenge the U.S. dollar’s dominance while requiring careful coordination to maintain […] Source CryptoX Portal

Ledn’s Lending Leap: Record $1.67 Billion in Loans Signals Institutional Confidence in Digital Assets

Ledn, a crypto lending platform, has announced $1.67 billion in loans processed year-to-date (YTD) as of Q3 2024, marking a milestone since its inception in 2018. This total includes $258.7 million in retail loans and $1.41 billion in institutional loans, with Q3 alone accounting for over $506 million in digital asset loans. The retail sector […] Source CryptoX Portal