Project Ensemble will “seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money through wCBDC,” with an initial focus on tokenized deposits, the Hong Kong Monetary Authority (HKMA) said Thursday. Source
UNI advanced over 20% in the past 24 hours, hitting $17 for the first time since Jan. 2022 before slightly retreating to $15.7. The token outperformed bitcoin’s (BTC) 3% recovery after yesterday’s plunge and the broad-market, altcoin-heavy CoinDesk 20 Index’s (CD20) 1% decline during the same period. Source
Ethereum price climbed to a new multi-month high above $3,400. ETH is consolidating like Bitcoin and seems to be setting up for another bullish spree. Ethereum extended its increase above the $3,400 resistance zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct lower, but dips might be limited below the $3,250 support zone. Ethereum Price Extends Rally Ethereum price remained…
The Information Commissioner’s Office (ICO) is calling on people with experience of the care system in the UK to share the challenges they have faced when accessing their care records from organisations. With a survey launched today, the UK data protection regulator is committing to improving the support it provides to both people who grew up in the care system in the UK and the organisations that hold their information. The ICO recognises that records of personal information are especially important to people who have care experience, often revealing elements…
Bitcoin’s price fell to a weekly low of $50,600 on Feb. 23, down 5% in the last three days, but a rare buying frenzy observed across Korean exchanges provides fresh market insights. Cryptocurrency exchanges in South Korean markets have witnessed an uptick in Bitcoin (BTC) trading this week. Historical trends suggest that this could significantly impact Bitcoin’s short-term price action. Korean investors increase buying pressure amid falling prices Following a blistering 27% uptrend in the first half of February, Bitcoin’s price has struggled to sustain the momentum this week. After…
Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags $3.5M Capital Injection From UOB Startale Labs, known for spearheading initiatives […] Source CryptoX Portal
The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sun’s bank. Despite discontinuing support for USDC on Tron, Circle said it is still committed to growing […] Source CryptoX Portal
Top global crypto exchange Binance has rolled out trading support for the new Ethereum (ETH) layer-2 scaling project Starknet (STRK). Starknet kicked off its first token allocation on Tuesday. The project plans to distribute more than 700 million Starknet tokens to nearly 1.3 million addresses. Eligible individuals and groups will have four months to claim their tokens, and unclaimed STRK will be distributed in future rounds. Binance attached a seed tag to STRK. The exchange applies seed tags to lower-liquidity tokens that have more volatility potential, and users who own…
Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However, Commerce will focus on supporting ERC-20 tokens on layer 2 protocols, like Base and Polygon. Coinbase Commerce […] Original
PRESS RELEASE. B2BinPay, a leading blockchain payment system, has announced the release of its new v19 update. This latest update introduces an array of new features and improvements, including innovative instant swaps and expanded blockchain support. Instant Swaps and Competitive Cost Advantages via VWAP Swap is a favoured approach to handling virtual assets among many […] Source CryptoX Portal