After reviewing Bitstamp’s application, the Securities Market Agency in Slovenia granted the company a Multilateral Trading Facility (MTF) license. With this authorization, the exchange may provide its retail and institutional customers with more advanced financial products. Moreover, the license grants Bitstamp the ability to provide crypto derivatives products including perpetual
October 25, 2024 2 mins read
As per a recent Binance Research report, Spot Bitcoin (“BTC”) Exchange-traded funds (“ETFs”) have amassed more than 938.7K BTC (~US$63.3B), which, when combined with other funds of a similar kind, represents 5.2% of the entire supply of Bitcoin. The report further mentions that these ETFs are removing an average of
October 25, 2024 3 mins read
Layer 3 Orbs announced that QuickSwap, the top multi-chain DEX, has integrated its Liquidity Hub. In order to improve pricing on QuickSwap, the integration will use Orbs technology to aggregate Ethereum liquidity. QuickSwap will obtain all of the liquidity for its DEX from Orbs Liquidity Hub in order to enable its expansion to
October 24, 2024 2 mins read
RWA blockchain Lumia has announced that major cryptocurrency exchange Binance is launching an Earn campaign for LUMIA holders. Through staking on Binance, the endeavor will allow holders of the new LUMIA token to get extra rewards. On October 24 at 9:00 (UTC), the Binance Simple Earn program for LUMIA holders will
October 22, 2024 3 mins read
Truflation, a cutting-edge source of real-time economic data, and Scannit, a pioneer in user-controlled data monetization, have announced a cooperation to improve the accuracy and impact of economic insights. Businesses, academics, and analysts will be able to use the richer data sets that are produced by integrating Scannit’s data into
October 18, 2024 2 mins read
With a $10 million initial funding, Saakuru Labs and Memecore announced the establishment of a joint foundation with the goal of investing in and acquiring meme coin communities and games that would integrate into the Saakuru and MemeCore ecosystems. This strategic collaboration will boost activity on the Memecore Layer 1 protocol and
October 17, 2024 1 min read
Singularity Finance, an EVM Layer-2 for tokenizing the Real World Assets (RWA) of the AI economy, will be launched via a strategic token merger announced by SingularityDAO, Cogito Finance, and SelfKey. Web3 will be accelerated by a platform optimized for AI tokenization that is powered by the combination of the
October 15, 2024 3 mins read
In its pursuit of methods to use its substantial earnings, Tether Holdings Ltd., the corporation responsible for the USDT stablecoin, is contemplating financing to commodities traders. The corporation has reportedly approached many commodities businesses about US-dollar lending, according to sources familiar with the situation. A market that has relied on
October 15, 2024 2 mins read
Shaktikanta Das, governor of India’s Reserve Bank (RBI), has emphasized the potential usefulness of the country’s digital rupee and restated his support for Central Bank Digital Currency (CBDC). Further, he reiterated his prior position on digital assets by praising the innovation and suggesting it may be used to circumvent certain
October 14, 2024 2 mins read
The presidential campaign of Kamala Harris received a donation of $1 Million in XRP from Chris Larsen, co-founder of Ripple. A civic action organization that backs her bid for the 2024 election, Future Forward USA, received the funds. The timing of the financial contribution is not ideal for Ripple. The
October 14, 2024 2 mins read