Crypto news

The Hong Kong Securities and Futures Commission, in their statement regarding the arrest of the alledged fraudsters, pointed out that JPEX was not licensed and lacked the authority to host a cryptocurrency trading platform within the community. Hong Kong police arrested six individuals in connection with allegations of fraud related to an unlicensed cryptocurrency exchange known as JPEX. According to the securities, this exchange was operating without the necessary license and...

Similarly, the global rice market is currently under pressure as China, the world’s top rice producer, deals with severe rain and flood concerns in its grain-producing north-eastern area. Olive oil, a staple in kitchens around the world, has recently become the center of attention due to an unprecedented surge in price. As severe droughts plague major olive-producing countries in the Mediterranean region, supplies are dwindling. Drought’s Grip on Olive Production The United States...

Bastion plans to use the funds to scale its operations, attract top engineering talent, and secure additional licensing to diversify its product offerings. Bastion, a newly launched Web3 startup co-founded by two former executives from Andreessen Horowitz‘s digital assets venture division a16z Crypto, has secured $25 million in a seed funding round despite recent challenges in the venture capital landscape. In an official press release on September 18, the company announced that its former...

Zodia Custody will now offer yield on digital assets to institutional clients in addition to providing its custody services. Zodia Custody, a leading crypto custody platform owned by banking giant Standard Chartered, will start providing yield on crypto holdings owned by its institutional clients. To bring this to fruition, Zodia Custody has partnered with OpenEden, a Singapore-based startup that brings real-world assets to the blockchain. Zodia Custody will use this partnership to connect...

The amount to be charged has not been revealed. Currently, the X platform has 550 million monthly users who generate 100 to 200 million posts every day. On Monday, tech billionaire Elon Musk had a conversation with Israeli Prime Minister Benjamin Netanyahu. The discussion was mostly about the theoretical risks of artificial intelligence technology and AI regulation. During the talks, Elon Musk also shared his plans for the upcoming future and revealed that the X platform (formerly Twitter)...

Bitcoin-Börsen wie Binance verlangen bei einigen digitalen Währungen zusätzlich zur Empfängeradresse einen Memo Tag. Dieser dient zur eindeutigen Identifizierung der Transaktion. Kryptowährungen, insbesondere Ripple (XRP) und Stellar (XLM), haben sich in den letzten Jahren stark entwickelt und gewinnen immer mehr an Bedeutung. Während viele Kryptowährungen einfach über ihre eindeutige Wallet-Adresse transferiert werden können, erfordern Ripple und...

Bild eines Goldbarren Foto: CC 3.0 by Andrevruas via Wikimedia In Zeiten wirtschaftlicher Unsicherheit rücken traditionelle Investitionen wie Gold immer stärker in den Fokus. Gold wird seit Jahrhunderten als sicherer Hafen und als Schutz gegen Inflation betrachtet. Aber warum eigentlich? 1. Gold als Wertaufbewahrungsmittel Gold ist nicht nur ein glänzendes Metall, das in Schmuck und Elektronik Verwendung findet. Es hat sich historisch als stabiles...

ADA price is attempting a fresh increase above the $0.250 zone against the US Dollar. The price is now trading above $0.250 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.2515 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.2555 and $0.2600 levels. Cardano price is holding the $0.250 support against the US Dollar, like Bitcoin. ADA price...

Ethereum price is moving higher above the $1,600 resistance against the US Dollar. ETH price is now trading above $1,600 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $1,625 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,600 support zone. Ethereum price is rising above the $1,600 level against the US Dollar. ETH/USD could rise further if it clears the...

Ripple’s XRP has mostly been touted as a means for cross-border payments part of the XRP Ledger. But it appears that people have found some interesting, unexpected, and, quite frankly, rather cool uses of the cryptocurrency. It’s worth noting, though, that other coins, such as BTC and ETH, would probably do a similarly good job for the use case in question. It was brought up as a response to a Twitter threat by the popular lawyer John Deaton. He represents tens of thousands...