The Zipmex rescue deal was threatened after the investor backtracked on its earlier promise to repay creditors fully. Amid plans to rescue embattled crypto exchange Zipmex from insolvency, the investor has reportedly reneged on its promised 100% payment. According to reports, Zipmex’s rescue investor now seeks to pay only 10 to 20 cents on the dollar to the exchange’s creditors. This development proves shocking because the ‘unnamed’ investor initially pledged to repay Zipmex’s debts...
Read More »The geography of bitcoin-friendly banks
Wo sind krypto-freundliche Banken? Coincub setzt sich in seiner Studie damit auseinander und klärt was „krypto-freundlich“ bedeutet. What defines a crypto-friendly bank? Legions of SEO-optimized websites tend to agree that a crypto-friendly bank is one that lets customers make large transfers to any exchange they want without asking any inconvenient questions. The really crypto-friendly banks will allow customers to purchase crypto on credit. Most...
Read More »Justin Sun Withdrawing Assets after Arrest Rumors Goes Viral
While the reasons for Sun’s recent financial transactions remain unknown, he has responded to the claims with just a comment “4” a number that signifies False News and Fear, Uncertainty and Doubts (FUD) amongst others. On-Chain data from crypto analytics firm, Lookonchain has shown that Justin Sun, the founder of the Tron Blockchain protocol has been liquidating some of his assets over the past 24 hours. According to the data from Lookonchain, the popular crypto innovator transferred a...
Read More »Amazon Rolls Out AI Service Bedrock
Amazon Bedrock has multiple use cases, including Text Generation and Chatbots. The burgeoning AI space has welcomed an addition as Amazon launches Bedrock to take on Google and OpenAI. With Bedrock, Amazon Web Services (AWS) users will be able to build out generative AI from foundation models (FMs). ChatGPT is an example of a generative AI model that came with full force and got the world’s attention. Just as OpenAI caused a stir, Amazon is ready to cause a quake with Bedrock. Amazon...
Read More »Crypto Lender Amber Group Considers Potential Sale of Japan Subsidiary amid Plans to Secure Hong Kong Trading License
Amber Group could sell its subsidiary in Japan to focus more on institutional rather than retail businesses. Leading global digital asset platform Amber Group is considering a possible sale of its Japan subsidiary amid other plans. The exchange liquidity provider and validator also seeks to apply for a license in Hong Kong. Amber Group’s Hong Kong agenda comes in light of the Chinese special administrative city’s pivot toward becoming a digital asset hub. Presently, evaluating the Amber...
Read More »Ethereum-based Decentralized Exchange Uniswap Launches Mobile Wallet
Uniswap’s mobile wallet will allow users to swap funds on other popular DeFi platforms such as Arbiturm, Polygon, and Optimism. Ethereum-based popular decentralized exchange (DEX) Uniswap has recently launched a mobile wallet application in a move to promote wider DeFi adoption, as well as support the on-the-go trading on the platform. As per the April 13 announcement, the app is currently available for iOS devices in a few select countries and can be found on the Apple App store. Last...
Read More »Google-Suchanfragen für Bitcoin sind in den letzten Wochen um 41% gestiegen
Google-Suchanfragen für "bitcoin" sind in den letzten Wochen um 41% gestiegen (Weltweit) Wer Google Trends zum Keyword Bitcoin aktiviert hat, erhiet nun auch diese positive Meldung: Google-Suchanfragen für bitcoin sind in den letzten Wochen um 41% gestiegen. Aber was ist Google Trends? Ein zimelich nutzenstiftendes Tool: Google Trends ist ein kostenloses Tool, das von Google entwickelt wurde, um Benutzern zu helfen, herauszufinden, wie oft bestimmte...
Read More »Ethereum Breaches $2,100 Following Shapella Upgrade
Gemini co-founder Cameron Winklevoss commented on the upgrade, calling it “an incredible milestone” for Ethereum. Ethereum has breached the $2,000 barrier on the heels of the Shapella upgrade, the first major network upgrade since 2022’s Merge. The second-largest cryptocurrency is currently trading at $2,114, up 6.71% on the day and 13.96% over 7 days, outperforming Bitcoin which is up 2% over the past 24 hours and is now changing hands at $30,839. The Shapella upgrade, a portmanteau...
Read More »Canon USA to Launch NFT Marketplace Cadabra
While information about Cadabra is still scant, there are indications it will offer initial drops of photo collections, mintable on the Ethereum chain. Canon USA has announced the upcoming launch of Cadabra, a new Ethereum NFT marketplace dedicated to photography NFTs. Canon USA previously filed a trademark application for the brand in 2022. Upon launch, the platform will offer photos in varying categories including sports, lifestyle, wildlife, and more. Canon’s launch of a marketplace...
Read More »EOS Launches EVM, Announces $60M Strategic Partnership with DWF Labs
Open-source blockchain platform EOS announced the beta launch of its Ethereum Virtual Machine (EVM) mainnet, designed to enhance interoperability between the network and the Ethereum Blockchain. The EOS Network Foundation (ENF) also inked a strategic partnership with market maker and investment firm DWF Labs through an investment deal of $60 million to further the platform’s growth and development. EOS Unveils EVM Mainnet According to a press release sent to CryptoPotato, the...
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