Coinbase and Stripe will collaborate on bringing on- and off-ramps on both platforms for users wanting to access stablecoins easily. The ramps will let them convert fiat to USDC and vice versa for national currencies from 150 nations. The deal will integrate USDC settlements made from on Base, a quick and cost-effective layer 2 rollup for Ethereum developed by Coinbase. In April, co-founder and President of Stripe, John Collison, announced during the company’s Sessions event that it would...
Read More »No Mention of Crypto in the First Presidential Debate
Thursday night’s political stare-down featured US President Joe Biden and presidential nominee Trump going head-to-head in the first presidential debate on the road to November’s elections. Both participants have their parties backing them as the nominees for the presidential elections. Everyone was glued to the spectacle, from the US and elsewhere, including many from the crypto industry. However, crypto enthusiasts were left disappointed because nothing about the industry was mentioned....
Read More »VanEck Wants to Issue SOL ETFs in the US
VanEck, the American investment firm, has filed an S-1 registration form with the SEC to issue SOL ETFs (Exchange Traded Funds) in the US. It is the first filing for a SOL ETF in the country. The cryptocurrency’s price saw 8% gains in the 24 hours following the news. The filing comes six days after another asset manager, 3iQ, filed to issue SOL ETFs in Canada. VanEck is most notably known for filing to offer ETH ETFs in the US in 2021. While it was not approved immediately, the SEC has...
Read More »The EU Will Enforce Strict Stablecoin Regulations by June End
The free reign stablecoin issuers had in the European markets is ending on June 30 as the EU’s MiCA (Markets in Crypto Assets) regulations will enforce caps on transaction volumes and value. That means asset-referenced stablecoins not pegged to the Euro, witnessing over a million transactions or facilitating the movement of value over $215 million will need to be discontinued in the bloc. Transactions considered for the caps will include those conducted for payments of goods and services...
Read More »FBI Hikes Bounty for Infamous ‘CryptoQueen’ to $5 Million
Ruja Ignota, a Bulgarian national better known as CryptoQueen and founder of the $4 billion OneCoin scam, is still on the run. While there are doubts about whether she is still alive or not, the FBI has raised the stakes to $5 million for anyone providing information about her location that can lead to her arrest. A US District Court charged her in absentia on 12 October 2017 for masterminding the OneCoin Ponzi scheme. “On October 12, 2017, Ignatova was charged in the United States District...
Read More »PancakeSwap Deploys AI-Based Ether Prediction Market in the Arbitrum Ecosystem
PancakeSwap has launched a new prediction market on Arbitrum in collaboration with Allora, an AI and ML firm. With that, PancakeSwap lets users bet on crypto prices, with price feeds delivered directly to the platform. The novelty comes from Allora’s AI integration, the AI assisting users in making the right bets by guessing which way the price of a digital asset will swing. This is not Allora’s first rodeo in the predictions market—it has been integrated Into such platforms for various...
Read More »US-Based Spot BTC ETFs Witness Net Inflows Again
Spot BTC ETFs offered in the US finally witnessed net inflows on 25 June after a seven-trading-day period of consecutive outflows. They attracted about $31 million, according to SoSo Value. Before the reversal, the ETFs saw over $1.1 billion in outflows on trading days between 13 and 24 June. It is the highest amount accrued by constant outflows since $1.2 billion was flushed out of BTC ETFs between 24 April and the early days of May. Despite the inflows, BlackRock, Invesco Galaxy, Valkyrie,...
Read More »Latin American Country Bolivia Lifts Bitcoin Ban after 10 Years
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »$171,263 Paid as Fees for Single Ethereum (ETH) Transaction
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »CryptoQuant Shares Ultimate Bitcoin (BTC) Price Support to Avoid Major Correction Ahead
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »