Tag: Participate

Bitcoin Short-Term Holders Participate In $2 Billion Selloff

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On-chain data shows that Bitcoin short-term holders have deposited $2 billion in BTC to exchanges, the fourth largest amount in the last two years. Bitcoin Short-Term Holder Exchange Inflows Have Spiked Up As analyst James V. Straten explained in a new post on X, the BTC short-term holders have potentially participated in a very sizeable selloff recently. The “short-term holders” (STHs) are the Bitcoin investors who bought their coins within the last 155 days. The STHs comprise one of the two main divisions of the BTC market based on holding…

BlackRock Updates ETF Application Inviting Wall Street Banks to Participate

BlackRock’s recent app update indicates their engagement with the SEC led by Gary Gensler on Dec. 11, marking the third meeting in a series held over the past few weeks. BlackRock Inc (NYSE: BLK) has implemented structural modifications in its application to launch a spot Bitcoin ETF in the US. The updated filing allows Wall Street banks to generate new shares in the fund using fiat currencies, expanding beyond cryptocurrencies. To participate, banks must acquire authorized participant (AP) status. This adjustment is notable as regulated US banks, unable to hold…

Standard Chartered Becomes First International Bank to Participate in Digital RMB Business Pilot

China has rolled out its digital RMB interconnection platform with Standard Chartered Bank that is expected to use it in streamlining cross-border payments and other services. The People’s Bank of China (PBoC) has made significant progress in rolling out the digital Renminbi ( e-CNY) during the past year. With about 26 digital RMB active pilot areas that cover mainland China and cross-border services, the China branch of Standard Chartered Plc (LSE: STAN) has announced that it will access the digital RMB interconnection platform through the City Bank Clearing Services Co.,…

Curve Finance CEO sued, crypto whales participate in DigiToads presale

ParaFi Capital, Framework Ventures, and 1kx have jointly filed a lawsuit against Curve Finance CEO Michael Egorov, asserting claims of misappropriation of trade secrets and confidential information. The case was filed in the Superior Court of California, San Francisco. The venture capital (VC) firms allege that Egorov used the information to develop a competing project, CRV.finance, without their permission.  They also claim that Egorov tried to prevent them from investing in CRV.finance by misrepresenting the project’s risks.  This is the latest in a series of legal troubles for Curve Finance. In…

InQubeta aims to redefine presale fundraising as crypto investors participate

In the constantly changing crypto landscape, InQubeta, an AI and blockchain startup, aims to reshape presale fundraising. Its platform and strategies have caught the interest of crypto investors searching for opportunities in the field. InQubeta is redefining the AI industry Startups can raise funds before their launch through presale events. Early investors can buy tokens at a lower price during these fundraisers, increasing their chances of earning profits when the project gains momentum. InQubeta has improved this idea to provide a better presale experience for investors. What distinguishes InQubeta is its…

20+ Projects Participate in KCC Beowulf, One-Stop Experience With KuCoin Web3 Ecosystem

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KCC, KuCoin Community Chain, together with KuCoin Wallet and Windvane, announced that they would be holding the first Web3 major event – KCC Beowulf, a 7-week interacting activity. KCC Beowulf will be officially launched during the 5th anniversary of KuCoin. More than 20 projects deployed on KCC, including decentralized exchanges (DEX), lending protocols, wallets, cross-chain bridges, and other web 3.0 protocols, will participate. The KCC Beowulf event is inspired by the epic poem and the nordic hero, Beowulf. Challengers will grow in the KCC Web3 world and fight against dragons…

Ripple to Participate in the Digital Dollar Project’s CBDC Sandbox Program – Featured Bitcoin News

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The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementations of the envisaged digital currency. The fintech firm Ripple is among the four participants that are expected to help the Digital Dollar Project “explore technical and business implementation questions.” Inaugural Cohort to Focus on Cross-Border Payments The Digital Dollar Project (DDP), a nonprofit organization spearheading discussions around the mooted digital version of the U.S. dollar, recently announced the launch of…

Blockchain Company Polygon Chosen to Participate in Disney’s 2022 Accelerator Program – Bitcoin News

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The blockchain company Polygon has been chosen to join Disney’s Accelerator program, according to a Walt Disney Company blog post published on Wednesday. The company’s 2022 Disney Accelerator initiative is a business development program that aims to “accelerate the growth of innovative companies from around the world.” Disney’s 2022 Accelerator Is Focused on Artificial Intelligence, NFTs, and Augmented Reality Walt Disney Company published an announcement on Wednesday that explains the Disney Accelerator program has picked six companies to join this year’s class initiative that plans to target a few different…

Polygon selected to participate in Disney’s 2022 Accelerator Program

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Layer-2 scaling platform Polygon has been selected to partake in Disney’s 2022 Accelerator Program to build on Polygon’s web3 technology, which will commence this week. The Ethereum scaling platform is one of six projects to be accepted into the Accerator Program, which is focused this year on augmented reality (AR), non-fungible tokens (NFTs) and artificial intelligence (AI), according to a statement from The Walt Disney Company on July 13. Polygon CEO Ryan Watt noted on Wednesday that Polygon was “the only blockchain selected” to Disney’s prestigious Accelerator program. The hits…