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Search Results for: crypto market

Robinhood Acquires Credit Card Firm X1 for Whopping $95 Million

By purchasing X1, a company in the credit card industry, for $95 million, Robinhood has made a fresh move to diversify its business portfolio. The financial technology company provides prepaid and one-time use credit cards, as well as an income-based rewards credit card. According to a statement released by Robinhood

June 24, 2023 1 min read

Belgian Authorities Demand Binance To Cease Operations Immediately

Binance has been compelled to suspend its cryptocurrency services in Belgium. The FSMA has issued an order for an immediate halt of digital asset offerings in the nation. According to the announcement, Binance’s crypto services are available “from countries that are not members of the European Economic Area.” The biggest

June 24, 2023 2 mins read

VeChain Price Analysis: VET Descending Channel Breakout Shows Bullish Rally

VET (VeChain) has been exhibiting a Descending Channel pattern on the daily time frame, indicating a period of consolidation and potential price reversal. As the price approaches the upper boundary of the channel, a breakout above the resistance area could indicate a shift in the market sentiment and the start

June 23, 2023 2 mins read

Palmswap Exchange Announces Launch of V2 DEX on July 5

The cryptocurrency market is on the cusp of mainstream adoption globally fueled by regulatory scrutiny. The need for user-friendly cryptocurrency platforms is on the rise. As a result, Palm Labs Inc., a British Virgin Islands incorporated company, launched the Palmswap network, a decentralized exchange (DEX) used for trading perpetual contracts

June 23, 2023 4 mins read

ANKR Price Analysis: ANKR Poised for Bullish Breakout as Resistance Nears

ANKR is currently displaying a descending channel pattern on the daily time frame, indicating a consolidation phase in its price movement. However, traders and investors are closely observing the market as ANKR approaches a critical resistance area, as a potential breakout above this level could mark the beginning of a

June 23, 2023 3 mins read

JPMorgan Introduces Euro-Based Payments System With JPM Coin

JPMorgan Chase & Co., a major financial services provider, has taken a significant step towards incorporating blockchain technology into conventional banking by launching euro-based payments using its JPM Coin for business customers. Similar to actions in 2021 when the cryptocurrency market was booming, traditional financial institutions are exhibiting substantial interest

June 23, 2023 2 mins read

Tether Chooses Kava As Gateway for Cosmos USDt

Georgetown, Cayman Islands, June 23rd, 2023, Chainwire Tether chooses Kava, a layer-1 blockchain designed for scalability and speed, as its gateway to the Cosmos ecosystem. Kava is excited and honored by Tether’s decision to bring the world’s most liquid, secure, and transparent stablecoin USDt to Cosmos appchains and Kava EVM

June 23, 2023 2 mins read

Binance U.S Announces Successful Restoration of USD Withdrawals

Binance US, the American branch of the world’s biggest crypto exchange, stated on Friday that it has worked with banking partners to fix the exchange’s USD withdrawal problems. It advises changing USD fiat funds to stablecoins cautioning that financial partners may cease the service soon. On June 23rd, Binance.US made

June 23, 2023 2 mins read

NFT Rug Pull Animoon Being Investigated by French Authorities

The NFT world has recently witnessed a major fraudulent case. Animoon, an NFT project that claimed to be a feature-rich play-to-earn (P2E) game, is now under scrutiny following allegations of fraudulent activities. ZachXBT, infamous stealth, has detected Animoon rug pull. He revealed that the project’s founders, operating under the aliases

June 23, 2023 2 mins read

ChatGPT on Threat: Over 100K Logins Leaked on the DarkWeb

Recent reports indicate that a substantial number of login credentials for the renowned AI chatbot ChatGPT have been exposed and are now being circulated on the dark web. The leaked information amounts to over 100,000 accounts.  Group-IB’s Threat Intelligence unit identified the countries and regions with the highest concentration of

June 23, 2023 1 min read
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