Blockchain

US remittance system Ripple acquired Metaco to leverage the company’s resources and entrench itself in the emerging crypto custody market. Ripple has acquired Swiss-based Metaco for $250 million as part of the remittance network’s expansion into institutional crypto custody. The acquisition also comes amid a favorable ruling for Ripple in its ongoing lawsuit with the Securities and Exchange Commission (SEC). Ripple’s acquisition of Metaco underpins the US-based tech platform’s faith in the...

Celsius’ wallets have been quite active amid its ongoing bankruptcy and restructuring process. The beleaguered crypto lender – which remains one of the biggest firms with a staked ETH portfolio – has transferred almost $900 million worth of the crypto asset over the past week. Celsius’ Ether Movement According to data shared by the blockchain intelligence firm Arkham, Celsius has moved around $20 million of ETH to Wintermute OTC and Custody Withdrawals. Subsequently, the...

Am 8. Mai musste man für eine einzelne Bitcoin-Transaktion 30.91 US-Dollar hinblättern. Das Bitcoin-Netzwerk ist superspannend, gerade wenn aussergewöhnliche Dinge unerwartet passieren. Dank Analyse-Plattformen wie Chainalysis oder yChart, kann sich jeder diverse Parameter grafisch darstellen lassen. Und diesen Frühling ist etwas sonderbares passiert: Am 8. Mai musste man für eine einzelne Bitcoin-Transaktion 30.91 US-Dollar hinblättern. Genau, eine...

Am 8. Mai musste man für eine einzelne Bitcoin-Transaktion 30.91 US-Dollar hinblättern. Das Bitcoin-Netzwerk ist superspannend, gerade wenn aussergewöhnliche Dinge unerwartet passieren. Dank Analyse-Plattformen wie Chainalysis oder yChart, kann sich jeder diverse Parameter grafisch darstellen lassen. Und diesen Frühling ist etwas sonderbares passiert: Am 8. Mai musste man für eine einzelne Bitcoin-Transaktion 30.91 US-Dollar hinblättern. Genau, eine...

According to Chinese prosecutors, NFT creators hide in plain view through the use of airdrops, blind boxes, limited sales, and synthesis. The Chinese government has pushed the country to digital economy adoption post-Covid-19 global pandemic. The country has significantly rolled out the digital yuan in anticipation to widen the adoption of its currency as a global reserve. The digital Yuan is expected to significantly help improve the overall liquidity of cryptocurrencies in the Asian...

Stablecoin issuer Tether has announced plans to purchase Bitcoin with 15% of realized operating profits routinely. Tether International Limited (Tether) seeks to further consolidate its reserves by purchasing Bitcoin (BTC) with its operating profits. An official post states that beginning this month, the stablecoin company will regularly allocate up to 15% of its realized net operating gains toward BTC purchases. The report also states that Tether does not see current and future BTC...

[PRESS RELEASE – Dubai, UAE, May 17th, 2023] Symbiosis is a cross-chain DEX that aggregates liquidity from different blockchains, making it effortless for users to trade any token and transfer their assets across chains. The Symbiosis team is thrilled to announce the deployment of $SIS, the governance token of the Symbiosis ecosystem, on zkSync, a layer-two scaling solution that enhances privacy and throughput for Ethereum and other blockchains. $SIS serves as a means of...

[PRESS RELEASE – Vienna, Austria, May 17th, 2023] Pantos, a Multichain Token System conceived by the team behind Bitpanda, today announced the public release of the Multichain Token Creator. It is an easy-to-use web app that allows users to configure and deploy their own multichain tokens built on top of the Pantos Digital Asset Standard (PANDAS). Moreover, developers can configure their base token and download the contract code to extend it with their custom functionality....

Observers believe Wednesday’s XRP price pump indicates that Ripple has the upper hand in its ongoing litigation with the SEC.  Ripple native token XRP recently experienced an 8% price pump following a seemingly ‘favorable’ court ruling. The digital currency’s jump came after the presiding judge in the long-drawn-out Ripple vs SEC case denied a motion filed by the regulator. Ripple’s XRP traded at 46 US cents at 12:45 pm Singapore time Wednesday. Furthermore, XRP’s recent price upswing...

IOVLabs – a company that develops decentralized blockchain technologies – launched a $2.5 million “strategic grants program” to accelerate the adoption of Rootstock. The latter is a sidechain tied with Bitcoin and designated to enable smart contracts for the ecosystem. ‘Strong Commitment’ to Advance BTC According to a document seen by CryptoPotato, the Argentina-based blockchain entity will use the financing to enhance the development of Bitcoin’s sidechain – Rootstock....