Crypto news

[unable to retrieve full-text content]CoinspeakerBank of China Launches Offline Payment Trial for Digital Yuan For now, the e-CNY app has a limit of 500 yuan ($77) per transaction and 10,000 yuan ($1,540) per day for offline payments. Bank of China Launches Offline Payment Trial for Digital Yuan

[unable to retrieve full-text content]CoinspeakerNvidia Prepares to Be Anchor Investor in Arm IPO Sources familiar with the matter said that the two players have been negotiating over valuations. They also stated that SoftBank's founder Masayoshi Son is trying to find big investors for Arm, as SoftBank has plans to liquidate its stake. Nvidia Prepares to Be Anchor Investor in Arm IPO

[unable to retrieve full-text content]CoinspeakerSoftBank Group Is Contemplating US IPO for Its PayPay Payments Division Before the end of 2023, SoftBank may finalize IPO efforts in the US for PayPay and Arm. SoftBank Group Is Contemplating US IPO for Its PayPay Payments Division

[unable to retrieve full-text content]CoinspeakerRetail Powerhouse 7-Eleven Launches NFTs on Polygon Network to Celebrate Slurpee Day While the Slurpee NFT creation process is exclusive to mobile devices, collectors can provide their name, email address, and telephone number to customize their NFTs. Retail Powerhouse 7-Eleven Launches NFTs on Polygon Network to Celebrate Slurpee Day

[unable to retrieve full-text content]CoinspeakerCathie Wood’s Ark Invest Sells $12M in Coinbase Shares amid Rally Meanwhile, some Coinbase executives, including CEO Brian Armstrong, have been taking advantage of the stock’s rally in recent months. Cathie Wood’s Ark Invest Sells $12M in Coinbase Shares amid Rally

Tron price started a fresh increase from the $0.0725 level against the US Dollar. TRX price is now trading below $0.0780 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0770 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.078 resistance zone. TRON price started a fresh increase above $0.0755 against the US Dollar, similar to Bitcoin. TRX’s price could...

Bitcoin price is attempting a fresh increase from the $29,800 zone against the US Dollar. The price is now trading above $30,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $30,800 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $31,500 resistance zone. Bitcoin price is rising from $29,800 against the US Dollar. BTC might eye...

Arkham Intelligence, a blockchain sleuthing company in the vein of Chainalysis and others, recently announced the release of a platform to deanonymize and trade information pertaining to blockchain users, as well as the release of a new ARKM token to go with it. Snitching as a Service Touted as “the world’s first on-chain intelligence exchange,” Arkham Intelligence will allow users of the service to post bounties for any information on blockchain users. “Our vision for the...

Crypto investment company Paradigm has filed an amicus brief in the US Securities and Exchange Commission’s (SEC) case against Bittrex, claiming that the regulator is “wrongfully attempting to lay claim over crypto secondary markets.” The brief filed on July 7th stated that the case against the US-based crypto exchange should be dismissed. It argued that the SEC cannot support extending the Howey test to determine that secondary market sales are investment contract...

Brazil has been developing a CBDC for some time now. If all goes according to plan, the digital Real will be launched sometime in 2024. Once launched, it would support retail payments for anyone inclined to use it, backing up the payment with funds in the users’ bank accounts. Planning Ahead The Brazilian CBDC would not, however, interfere with other payment methods common in Brazil, such as Pix. According to a spokesman for the Brazilian government, the decision to push on...