TL;DR US crypto exchange Uphold is offering 10,000 XRP (about $5,000) to a user who conducts $20 in eligible trades this October. Uphold had previously introduced a 4% XRP cashback for UK customers. XRP’s future bull run could be influenced by factors like adoption and the Ripple vs. SEC lawsuit outcome. Uphold’s XRP Distribution The US-based cryptocurrency exchange – Uphold – announced it will send 10,000 XRP to one of its users this month. Clients must conduct at least $20...
Read More »3Commas Suffers Security Incident
3Commas, a popular crypto trading bot, provides smart trading solutions for investors worldwide. Unfortunately, the popularity of the tool also makes it a big glowing target for bad actors, who are sometimes successful in their attempts at getting ahold of user data – or even the bot’s API data. Fortunately, the most recent attack was far more limited in scope. Unauthorized Trades Reported Towards the end of the weekend, 3Commas began receiving reports from users who saw that...
Read More »SHIB Burn Rate Explodes to 100% a Day After Shiba Inu Reached a Major Milestone
TL;DR Shiba Inu’s burn rate jumped 100%, with 46 million SHIB removed, making over 41% of its supply burned. Shibarium achieved one million blocks and gained 1.25 million wallet addresses in less than two months. SHIB’s price has dropped 5% in the past week despite these advancements. The Latest Burn The popular memecoin Shiba Inu continues to witness a significant number of assets removed from its total circulating supply. According to the latest data, the burning...
Read More »Eine vielversprechende Zukunft: Das Potenzial von Ripple (XRP) entschlüsselt
Ripple (XRP) hat sich in der Krypto-Welt fest etabliert und zieht weiterhin die Aufmerksamkeit von Investoren und Enthusiasten auf sich. Mit seiner einzigartigen Technologie und den Partnerschaften, die das Unternehmen knüpft, ist die Zukunft von Ripple durchaus vielversprechend. Hier sind einige Gründe, warum: 1. Schnelle und kostengünstige Transaktionen Ripple bietet schnelle, zuverlässige und kostengünstige Transaktionsmöglichkeiten. Im...
Read More »This Is Bitcoin’s First Line of Support if the Bears Prevail (BTC Price Analysis)
Bitcoin’s price has been consolidating below the $28K level over the last few days, failing to continue its momentum toward the $30K resistance level. The price is currently testing a key area and should be closely monitored. Technical Analysis By Edris The Daily Chart The BTC price has been trapped between the 50-day and 200-day moving averages on the daily chart, with the former located around the $27K mark and the latter near the $28K level. It is currently retesting the...
Read More »Binance to List Neutron (NTRN) with Seed Tag to Enable Mainstream Adoption of Interoperable Smart Contracts
In a bid to showcase how serious the Neutron project has become, more than 190 million ATOM tokens have been staked through the CosmWasm platform. Leading cryptocurrency exchange by Bitcoin balance and registered global users with KYC, Binance, has announced that Neutron (NTRN), a cross-chain smart-contracting platform, will be available for spot and margin trading with a seed tag. According to the announcement, the NTRN token spot trading will be available for select Binance users...
Read More »Saudi Arabia Working with China to Build Arabic-focused AI System
Saudi Arabia and Chinese universities to work on AceGPT, an Arabic-focused AI system based on Meta’s LlaMA2, designed as an AI assistant for Arabic speakers. Every big country on the planet has been spearheading efforts to build new artificial intelligence (AI) systems. Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) has joined forces with two Chinese universities to create an Arabic-focused artificial intelligence (AI) system. This large language model (LLM),...
Read More »Flare Network Taps Partnership with Subsquid to Empower Developers
Subsquid’s integration with Flare paves the way for greater innovation and collaboration in the blockchain ecosystem. Flare Network, an EVM smart contract platform, has announced its collaboration with Subsquid, a full-stack blockchain indexing solution to make historical data stored on the Flare blockchain readily available to developers utilizing the Subsquid network. Subsquid: A Game-Changer for Blockchain Data Access Subsquid is a full-stack blockchain indexing solution equipped with...
Read More »Binance Exchange’s $1B IRI Fund Falls Short of Expectations
Beyond Binance’s own commitment, the IRI garnered an additional $100 million in contributions from 18 organizations by February 2023. A recent report from Bloomberg suggests that the $1 billion Industry Recovery Initiative (IRI), launched by Binance has fallen short of expectations, with only 2.7% of the committed funds deployed. The Industry Recovery Initiative was first announced by Binance in November 2022 as a beacon of hope for the industry following the collapse of the defunct FTX...
Read More »US Treasury Yields Fall as Investors Observe Potential Economic Effects of Israel-Hamas War
Treasury yields fell in the US as the war between Israel and Hamas rages on, with several thousand dead and wounded. Treasury yields fell in the US on Tuesday as investors consider the economic and geopolitical effects of the ongoing war between Israel and Palestinian militant movement Hamas. Early Tuesday morning, the 10-year Treasury fell over 12 basis points to 4.6571%. The 2-year Treasury yield also fell, hitting 4.9843% after losing nine basis points. Economists and investors are...
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