Nauru has recently passed a bill establishing the Command Ridge Virtual Asset Authority (CRVAA) to regulate virtual assets, digital banking, and Web3 innovation. CRVAA to Issue VASP licences Nauru, the tiny island nation in the South Pacific Ocean, recently passed a bill establishing a dedicated virtual asset regulatory authority. The bill, which passed June 17, […] Source CryptoX Portal
Kraken has introduced Bitcoin staking through Babylon integration, marking the exchange’s first offering that allows clients to earn yield on their BTC holdings without moving them off the Bitcoin blockchain. The announcement, published in a June 19 blog post, positions Kraken alongside a growing wave of institutions leveraging Babylon’s staking infrastructure. Kraken customers can now use Babylon’s protocol to assign their Bitcoin (BTC) to proof-of-stake blockchains while still keeping complete ownership of their assets. Kraken’s strategy avoids the trade-offs associated with traditional staking solutions, which often require wrapping or bridging…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Canada’s Toronto Stock Exchange today saw a new entrant aimed at making XRP more accessible to investors. The 3iQ Corp. rolled out its spot-based XRP ETF, trading under the ticker XRPQ, with an introductory 0% management…
OKX has partnered with Ethereum software firm Consensys to launch its decentralized exchange (DEX) aggregator on MetaMask, offering users faster trade execution and reduced slippage. The collaboration integrates OKX’s DEX API with MetaMask, giving the wallet’s user base access to liquidity from over 500 DEXs across 25 blockchains, the exchange said in a news release shared with Cryptox. “MetaMask’s ambitious multichain strategy toward becoming a universal wallet for the Web3 ecosystem aligns with the connected blockchain ecosystem we’re helping to build,” said Jeff Ren, founder of OKX Ventures. Ren added…
Canadian asset manager 3iQ has launched a new XRP-focused ETF for North American users. The 3iQ XRP ETF (TSX: XRPQ, XRPQ.U) began trading today on the Toronto Stock Exchange, offering investors direct exposure to the fourth-largest digital asset by market cap. Ripple (XRP), the blockchain company behind the XRP Ledger, is an early investor in the fund, 3iQ said in a Wednesday announcement. To mark the occasion, the 3iQ team will ring the TSX’s closing bell this afternoon. The ETF debuts with a six-month 0% management fee. It invests exclusively…
AgriFORCE Growing Systems Ltd., a Canadian agricultural company, has launched a Bitcoin mining operation in Alberta, powered by stranded natural gas. In its June 17 announcement, AgriFORCE said the site was launched in partnership with energy provider BlueFlare Energy. The site, located in Berwyn, Alberta, is the company’s first operational deployment under its Power & Compute Initiative. It uses 425 kilowatts (kW) of power to support 120 Bitmain S21 ASIC miners, delivering over 32 petahashes per second (PH/s) of computing power. The deployment includes a custom-engineered mining pod with high-efficiency…
Key Notes Analysts like Old Hawk predict a strong rally for SOL, with targets of $263 and beyond. Additionally, Fidelity, Invesco, and Galaxy Digital have filed for spot Solana ETFs, signaling growing institutional interest in Solana’s ecosystem. Hong Kong-listed MemeStrategy became the first publicly traded company in the region to invest in Solana, acquiring 2,440 SOL tokens worth HKD 2.9 million. While the broader crypto market consolidates, Solana SOL $156.8 24h volatility: 8.0% Market cap: $82.75 B Vol. 24h: $4.99 B price has shown a strong upside of 7.83% in…
A former TON Foundation executive is launching Affluent, a cryptocurrency investment app on Telegram featuring yields and lending. Affluent, a money market protocol built on Telegram-linked blockchain, The Open Network (TON), announced its full launch Monday. Co-founded by ex-TON Foundation director Justin Hyun, Affluent aims to introduce trustless crypto asset management to Telegram, allowing users to benefit from decentralized finance (DeFi) lending and yields without associated complexities. Source: Affluent “Our goal is to transform complex DeFi services into a simple and intuitive experience where users of all backgrounds and knowledge…
Key Notes Bybit announced its decentralized exchange on the Solana network. The exchange promises to bring CEX liquidity and DeFi transparency. Bybit spot trading volume has been halved in 24 hours. . Bybit, a leading centralized cryptocurrency exchange, has announced its first decentralized exchange, Byreal. Ben Zhou, co-founder and CEO of Bybit, posted on X that the CEX incubates Byreal and will launch on the Solana blockchain. Announcing Byreal — our first onchain DEX incubated by Bybit, will be LIVE by end of the month. Starting from scratch and now…
Bitcoin’s sharp sell-off this week has sparked concerns across the market, with many pointing to escalating tensions between Israel and Iran as the primary catalyst. While macro headlines triggered panic selling, the charts had already laid out the roadmap. A bearish shark harmonic pattern, coupled with a breakdown from key volume levels, suggested that a corrective move was highly probable. Notably, Bitcoin (BTC) was consolidating near the value area high earlier this week when tensions in the Middle East began escalating. As news of a military confrontation between Israel and…