Crypto news

Crypto trading platform Bitstamp has introduced an XRP lending service offering a “permanent” 2% yield, shortly after relisting the asset for trading last month. This puts XRP on an already sizable list of coins viable for 2% APY on Bitstamp, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether USD (USDT). Permanent Yield On XRP? As explained by Bitstamp in a blog post on Thursday, the company partners with Tesseract for its lending service, which “only lends...

The Tel Aviv Stock Exchange (TASE) inked a deal with the crypto custodian Fireblocks to offer “a comprehensive range of innovative and secure digital asset products and services.”  Israel’s only public stock exchange labeled the partnership as “crucial in the new era of innovation” since it could boost the future advancement of the cryptocurrency sector across the globe.  The TASE revealed that the collaboration with Fireblocks builds upon “the resounding success” of Project...

Arkham Intelligence, a leading blockchain-centric cybersecurity firm, recently launched “the world’s first on-chain intelligence exchange,” a platform where users can post bounties for whoever can uncover information related to the ownership of on-chain assets. The platform – which has generated quite some controversy already, partly due to inadvertently doxing its own early adopters – was launched together with ARKM, a proprietary token meant to facilitate the exchange of...

Records show one of United States President Joe Biden’s Senate closest allies placed a substantial financial wager against the country’s economy last month. The latest development comes amidst mounting regulatory pressures on the cryptocurrency industry by the US regulatory watchdogs that have argued that the asset class poses a serious threat to the economy. Shorting the US Economy According to reports, Senator Thomas Carpel, a member of the Senate Finance Committee,...

Ethereum developers are working to take their digital baby to the next level. They’re now establishing something called “distributed validator technology” or DVT. Ethereum Continues Its Trek Forward Right now, there are more than 600,000 Ethereum validators in the world. The problem is they are too independent of each other, so what one might see as a successful pushing of transactions forward, another might see as a failure. Also, these validators are still prone...

Do Kwon – the nefarious founder of the now failed stable coin company Terraform Labs – will spend the next four months behind bars in Montenegro after he was detained at one of the nation’s airports with forged documents and phony passports. Do Kwon Heads to Prison The passports allegedly held by Kwon at the time of his detainment included ones from Costa Rica and Belgium. He attempted to board a flight that was on its way to Dubai in the United Arab Emirates...

Crypto exchange Coinbase has revealed its launch date for Base – the Ethereum layer 2 blockchain designed to make transactions faster and cheaper than the underlying network. As of today, users can begin bridging ETH to base, with dapps “across the on-chain ecosystem” starting to enable Base support. Base: A Bridge To Crypto As published in a blog post from Base on Thursday, the Base mainnet will go live “for everyone and everything” on August 9. To commemorate the launch,...

[unable to retrieve full-text content]CoinspeakerTel Aviv Stock Exchange (TASE) Taps Fireblocks to Introduce Crypto Services TASE’s strategic partnership with Fireblocks comes as the result of a broader vision set forth by the stock exchange. Tel Aviv Stock Exchange (TASE) Taps Fireblocks to Introduce Crypto Services

[unable to retrieve full-text content]CoinspeakerShiba Inu Aims to Become Serious DeFi Contender, Add Digital IDs Shiba Inu is gearing up for the mainnet launch of Shibarium scheduled ahead of this month at the upcoming Blockchain Futuristic Conference. Shiba Inu Aims to Become Serious DeFi Contender, Add Digital IDs

[unable to retrieve full-text content]CoinspeakerAlibaba Cloud Unveils Open-Sourced AI Models to Challenge Meta’s Llama 2 The move follows Meta's release of its own open-sourced LLM, Llama 2, in July Alibaba Cloud Unveils Open-Sourced AI Models to Challenge Meta’s Llama 2