Solana’s smart money investors, known for their insightful early-stage market analysis have identified a potential XRP killer, ETFSwap (ETFS), which is poised to achieve a 1500x surge in value by November 2024. Their belief in this emerging XRP killer’s potential is fueled by its unique approach that bridges the gap
San Francisco, USA / California, 10th October 2024, Chainwire
Dubai’s Virtual Assets Regulatory Authority (VARA) has taken significant action by issuing cease-and-desist orders against seven cryptocurrency entities. These firms operated without the necessary licenses and violated marketing regulations. As a result, VARA imposed fines ranging from AED 50,000 to AED 100,000 (approximately $13,600 to $27,200) on each entity. This
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce the successful completion of bbSOL’s first month, a significant milestone in the quest to improve token staking on the Solana blockchain. With its innovative marketing approach and smooth integration across centralized and decentralized platforms, bbSOL—the first exchange-backed liquid
21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs), has introduced its 44th crypto ETP, the Future of Crypto Index ETP (FUTR), in Europe. The new product, designed as a “megatheme” ETP, offers investors exposure to six major sectors within the evolving crypto economy, including payments, social, gaming, decentralized finance
The hedge funds have focused on traditional asset classes and have exposure to the cryptocurrency market. Approximately 50% of the hedge funds have allocated capital to digital assets, marking an increase compared to previous years. Reportedly, 47% of the hedge funds invested in traditional asset classes have ventured into cryptocurrencies
Ripple has launched new crypto custody services aimed at helping banks and fintech firms store digital assets. Announced on Thursday, the services are part of the company’s Ripple Custody division, offering features such as integration with Ripple’s XRP Ledger blockchain, enhanced anti-money laundering (AML) monitoring, and an improved user interface.
With the cryptocurrency market preparing for yet another massive surge, investors are focusing on inexpensive tokens that might yield enormous profits. Four tokens under $1 have emerged as leading competitors for anyone looking to transform a tiny investment into substantial profits: Rexas Finance (RXS), Shiba Inu (SHIB), Dogecoin (DOGE), and
The U.S. Securities and Exchange Commission (SEC), Federal Bureau of Investigation (FBI), and Department of Justice (DOJ) have filed lawsuits against Gotbit Consulting, ZM Quant Investment, CLS Global, and several individuals for market manipulation and fraud. The charges primarily involve practices like wash trading, where fake transactions were used to
Littio, a Colombian Neobank focusing on tackling the currency depreciation issue for Latin Americans via different dollar-based product offerings, has begun leveraging OpenTrade’s real-world asset (RWA)-backed yield vaults, or “Yield Pots,” via the Avalanche blockchain network. Littio provides clients with yield-bearing savings pots via OpenTrade, with returns guaranteed by US
