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Robinhood Crypto has announced the launch of Solana staking services, offering a competitive annual percentage yield (APY) of 5%. This strategic decision caters to the growing demand for the SOL token among the platform’s EU user base. The 5% APY is a slight step down from Coinbase’s 5.42% reward for Solana staking, yet it represents…
The Ripple court case could favour the price of XRP if the defense strategy of Ripple is successful. Court Filings and Defense Strategy In The Ripple Court Case In the Ripple court case between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple has requested to keep certain documents private. These documents include financial…
In a decisive move to safeguard national security, US President Joe Biden has mandated the relocation of property owned by a Chinese-backed cryptocurrency mining firm, MineOne Partners, situated perilously close to a strategic nuclear missile facility. The President’s directive comes amid escalating concerns over potential intelligence activities and the positioning of foreign-owned real estate near…
While we expect the launch of Notcoin on the 16th, Toncoin price has also been on the rise lately. Toncoin Price Surge Analysis Toncoin has recently experienced a significant increase in its price, which can be attributed to several factors. Firstly, there has been a notable rise in the number of people investing Toncoin. Both individuals…
Information reaching us has shown that the 3rd largest bank in the US has invested in Bitcoin ETFs. But wait a second, how does this really affect the crypto market? We’ll give you all the answers you need in a very brief read. Don’t skip. Wells Fargo’s Bitcoin ETF Holdings Fargo’s recent announcement about its…
The much-anticipated Notcoin (NOT) token has confirmed its launch date. The digital currency, which will be minted on The Open Network (TON), is set to make its debut on May 16, 2024, with major cryptocurrency exchanges like Binance, and OKX gearing up to support the rollout. OKX will hold a “Jumpstart” campaign around NOT, rewarding…
In a new development Binance exchange has accused the Nigerian government of bribery and corruption. Legal Implications for Binance Exchange and The Nigerian Government The recent accusation by Binance exchange, a global cryptocurrency exchange, against the Nigerian officials alleging a demand for a $150 million cryptocurrency bribe could lead to significant legal repercussions. The Nigerian officials…
The NFT game “Fantasy Top” has made a significant splash in the by paying out a substantial sum of $1.25 million in Ethereum to its participating influencers. This innovative game, which operates on the Ethereum layer-2 network Blast, has turned these influencers into tradable NFT cards, creating a fantasy football-esque experience for its users …
The cryptocurrency community is facing renewed scrutiny concerning security as hackers have laundered $7 million through Tornado Cash, a crypto mixer known for its role in clouding the origins of digital assets. The funds in question were siphoned off from two major cryptocurrency platforms, Poloniex and Kronos Research, and subsequently funneled through Tornado Cash in…
The Securities and Exchange Commission (SEC) of Nigeria has made certain decisions in a bid to control the crypto market, especially P2P trading. SEC’s Focus On P2P Trading In a meeting with the Blockchain Industry Coordinating Committee of Nigeria (BICCoN), the SEC repeated its promise to protect the capital market’s integrity and investors’ interests by stopping…
In a not-so-recent development in the crypto world, Ripple is set to launch its USD-backed stablecoin this June. At the recent Las Vegas conference, Ripple’s Chief Technology Officer specifically teased some updates on the launch, further revealing that final details will be shared on the XRPL Apex event in June. Ripple’s stablecoin launch, promised to…
In a recent development that has caught the attention of the cryptocurrency community, Bitfinex’s Chief Technology Officer, Paolo Ardoino, has addressed concerns regarding alleged security breaches. Ardoino firmly dismissed the claims that the exchange’s database had been compromised as ‘pure FUD’ (fear, uncertainty, and doubt), emphasizing that no group has approached the company demanding a…
Many investors and traders are watching the Bitcoin price dump. Since Bitcoin would give a sentiment of the market. Bitcoin’s Role as an Indicator in the Market Bitcoin is the most popular cryptocurrency, so when its price goes down, many see it as a sign that the market is bearish overall. When Bitcoin’s price goes up,…
The introduction of Spot Bitcoin ETFs in Hong Kong has caused a stir in the cryptocurrency market. Impact on Bitcoin’s Market Value These ETFs track the price of Bitcoin in real-time, offering a new way for people to invest in Bitcoin without actually owning it. One big way that Spot Bitcoin ETFs could affect Bitcoin’s price is…