Wang Long Chai 17 July 2024 17:34 HTX integrates Fireblocks Off Exchange to mitigate counterparty risk and improve digital asset security and user experience. HTX, one of the world’s leading exchanges, has announced its integration with Fireblocks Off Exchange, a pioneering solution designed to mitigate counterparty risk for trading firms and asset managers on centralized exchanges, according to Fireblocks.com.Strengthening digital asset securityHTX aims to leverage Fireblocks Off Exchange to enhance digital asset security and streamline global compliance operations, ultimately improving users’ virtual asset trading experience. This integration will allow HTX to provide a more…
Author: Crypto Flexs
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SHIB and DOGE Armies are Competing in a New Binance Competition The competition, which offers a prize pool of $100,000 in token vouchers, will run for 14 days. The reward details hint at several ways to make big profits from SHIB and DOGE trading. Binance, the world’s leading cryptocurrency exchange by trading volume, has announced a competition between members of the two largest meme coin communities, the SHIB Army and the DOGE Army.Officially dubbed the “Meme Dog Showdown,” the contest boasts a $100,000 prize pool, which the winning team will split. To participate, Binance customers must first log into the…
The Open Network (TON) Foundation, the organization that oversees the Telegram-centric blockchain network TON, has introduced future infrastructure that will enhance Bitcoin utility on the platform.A new infrastructure called TON Teleport BTC connects transfers between Bitcoin and TON. It aims to improve Bitcoin’s use cases in the TON ecosystem for decentralized exchanges, lending protocols, and other DeFi utilities.“You can now use TON Teleport to send Bitcoin to TON and back again,” TON’s technical lead Anatoly Makosov said in a statement. “This decentralized and secure technology works without intermediaries or restrictions. All transactions are executed via smart contracts and verified by…
Ted Hisokawa 17 July 2024 15:43 SingularityNET (AGIX) has joined forces with Lighthouse to leverage Filecoin’s technology to enhance data storage capabilities and improve the security and scalability of AI applications. In a groundbreaking development for the Filecoin ecosystem, SingularityNET (AGIX) has announced a strategic partnership with Lighthouse, with the goal of revolutionizing decentralized data storage. According to the official announcement, this collaboration will leverage Lighthouse’s cutting-edge technology to enhance the secure and reliable storage of SingularityNET’s vast data.Partnership DetailsLighthouse, a platform built on IPFS and Filecoin, offers innovative features such as persistent storage,…
city: Riyadhnation: Saudi Arabiapopulation: 7.82 million people (subway)Established: 1737language: Arabic At the heart of the Nafud Desert lies Riyadh. Its name means “the plains” in Arabic and it is the third most populous city in the Middle East. But it’s probably not the first place that comes to mind when you think of cryptocurrencies and gaming. Cryptocurrencies are an opaque area that is either completely banned or unapproved, and can be tricky to access. Nevertheless, according to a survey by KuCoin, 14% of Saudis aged 18-60 own cryptocurrencies. Morrad Irsane, CEO of Takadao, a blockchain for halal insurance, sees this…
Crypto asset manager launches new fund focused on decentralized artificial intelligence According to a press release shared with The Block, the quarterly rebalancing Grayscale Decentralized AI Fund LLC aims to strengthen its AI-related investment efforts in the cryptocurrency industry. The Decentralized AI projects already included in the fund’s basket at launch today are Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Near, Filecoin, and Render are the fund’s highest-weighted holdings, respectively. that much According to the announcement, the fund will focus on funding projects in three areas: chatbots, generative images, and other decentralized AI uses; solving centralized…
The surge in XRP price could be attributed to increased accumulation by whales, who currently hold 85% of the total supply. Outstanding contracts hit a three-month high, suggesting speculative activity is picking up. Ripple (XRP) has been one of the biggest gainers in the past few days after its price hit $0.60. This price increase represents a 36.45% increase over the past seven days. While this was surprising, AMBCrypto was able to find out why. According to on-chain data provider Santiment, addresses holding more than 100,000 XRP have increased their holdings significantly. Go big or go home This group of…
Terryl Dickey July 17, 2024 12:22 Binance introduces new limited-time benefits for Earn Wednesday, including Simple Earn, ETH Staking, and Dual Investment products. Binance has announced the launch of a new limited-time offer for its Earn Wednesday program, which gives users the opportunity to earn rewards across a variety of financial products. According to Binance, these offers are available every Wednesday and include options such as Simple Earn, ETH Staking, and Dual Investment. Popular limited time specials The Earn Wednesday initiative includes a variety of flexible and locked products. Binance reserves the right to…
Matt Hougan, chief investment officer at cryptocurrency asset manager Bitwise, said: Ethereum Ethereum +1.02% Exchange-traded fund (ETF) inflows could have a greater impact on the launch of Ether than the equivalent product for Bitcoin.In a note to clients on Tuesday, Hougan predicted that spot Ethereum ETF inflows would push ether prices to all-time highs above $5,000, but not immediately. He said he expected the first few weeks after the Ethereum ETF launch would be “volatile” for the second-largest cryptocurrency by market cap, as funds could potentially flow out of the $11 billion Grayscale Ethereum Trust (ETHE) after it is converted…
Flowdesk CEO Bet Against the US While the SEC Waged War on Cryptocurrencies A year later, the US has a Bitcoin ETF, an Ether ETF is imminent, and a pro-crypto bill is in the Senate.