Crypto news

TL;DR Shiba Inu and Manny Pacquiao Partnership: Shiba Inu announced a collaboration with boxing legend Manny Pacquiao, coinciding with the release of The Shib Magazine’s second edition and a 3,000 NFT giveaway. Pacquiao’s Boxing Achievements: Manny Pacquiao is celebrated for winning 62 of 72 professional matches and being the first boxer to win lineal championships in five weight divisions, with titles in four decades. SHIB’s Recent Market Performance: SHIB has seen a 20%...

Immutable, a prominent player in the layer-2 blockchain arena, has announced a transition for its Immutable zkEVM Testnet. Starting November 20, the testnet will undergo a regenesis, transitioning to a Geth-based client from its current Polygon Edge framework. Immutable zkEVM Testnet Embarks on Major Regenesis On November 15, Immutable announced that its layer-2 blockchain, the Immutable zkEVM Testnet, is set to undergo a regenesis for a smooth transition to a Geth-based...

Commerzbank AG – the fourth largest bank in Germany – has received its Crypto Custody License after unveiling plans to break into digital asset safekeeping almost two years ago. This makes Commerzbank the first full-service bank in Germany to receive the license. Commerzbank Enters Crypto Custody Per a press release on Wednesday, the bank’s new license opens it to launching a “broad range” of new digital asset services, especially pertaining to crypto assets. Its first goal...

Quantoz Payments, a subsidiary of Dutch blockchain firm Quantoz, has secured a license as an electronic money institution (EMI) under the oversight of the Dutch Central Bank. The authorization empowers Quantoz Payments to issue its inaugural regulated and programmable euro legal tender, EURD, on the Algorand network. Launching EURD on the Algorand Blockchain Anticipated by year-end, EURD and its associated e-money services are poised to become accessible to businesses and...

TL;DR New Cryptocurrencies on Binance Japan: Binance Japan adds 13 new digital assets, including NEAR, IMX, and MANA, expanding its total offerings to 47, with future plans to reach 100. Market Response to Announcement: The addition of these cryptocurrencies led to a positive market response, with notable gains in NEAR, KLAY, and OP. Binance’s Strategic Re-entry into Japan: Binance re-enters the Japanese market after acquiring Sakura Exchange BitCoin, aiming to leverage...

On Nov. 15, Scott Melker, aka “The Wolf of All Streets,” said that one of his followers was hacked in the latest scam targeting Ledger users. While checking his Nano S hardware wallet, the user reported seeing a 503 HTTP API error when it attempted to synchronize, “which in and of itself terrified me.” The victim reached out to Ledger support and reported having the CTO (chief technology office) contact him via direct message on X. This is when alarm bells should have rung as...

[PRESS RELEASE – NEW YORK, United States, November 15th, 2023] Nocturne, a protocol enabling on-chain private accounts, today announced the successful deployment of Nocturne v1 to Ethereum mainnet. This marks a significant milestone in the journey towards a more private and accessible Ethereum. For the first time, users will have a compatible and easy-to-use product resembling a private onchain account. Nocturne v1 is a step towards compatible onchain privacy that functions...

In a strategic move aimed at accelerating the institutional adoption of digital assets, cryptocurrency exchange OKX has entered into a groundbreaking partnership with custody provider Komainu and asset manager CoinShares. This alliance paves the way for round-the-clock trading of segregated assets while ensuring robust security measures and mitigating counterparty risks. OKX, Komainu, and CoinShares Partner to Transform Institutional Crypto Trading According to a November 15...

As part of the partnership, OKX will play a pivotal role as a core contributor to Polygon CDK while allocating significant engineering resources to boost the technology stack of Ethereum scaling solutions. On Tuesday, November 14, OKX announced that it is introducing a Layer 2 network based on Ethereum’s zero-knowledge (ZK) technology, developed in collaboration with the Polygon Chain Development Kit (CDK). Additionally, OKX will play a pivotal role as a core contributor to the Polygon...

ColorTrace is LayerZero’s solution to problems with Colored Coins, including the amount of storage required to color digital assets. Cross-chain communication protocol LayerZero has launched ColorTrace, a value attribution solution that facilitates fair tracking. The solution easily attributes tokens to the entity that minted the token, allowing for easy verification of the token’s origin and making related yield collection seamless. In addition to revenue distribution, ColorTrace can also...