The team behind the second-largest stablecoin by market cap is building a cryptocurrency wallet platform that supports email and social media-based logins. Developers at USDC issuer Circle made a new announcement on social media platform X, saying their latest product will allow users to authorize cryptocurrency transactions using email, social login, or PIN code. “Onboard users to your app faster with social login or email OTP (one-time passcode) verification! Our latest release gives you more options to seamlessly onboard users and securely authenticate transactions when building with user-controlled programmable wallets.” Social login allows users to log in to third-party websites…
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Ethereum’s native token, Ether (ETH), has plummeted a day after a spot Ethereum ETF launched in the United States.Ether suffers from sell news phenomenonThe price of ETH fell by about 8.75% over the past 24 hours, reaching around $3,170 on July 25. This decline came after the launch of eight spot Ether ETFs on the New York Stock Exchange, wiping out nearly two weeks of previous gains and signaling a “news sell” reaction in the Ethereum market.ETH/USD 4-hour price chart. Source: TradingView”Sell-the-news” is a trading strategy where investors sell an asset immediately following a highly anticipated event or press release.…
Social Infrastructure OpenSocial Protocol Receives $6M Strategic Support Led by Framework Ventures and North Island Ventures to Activate Community Apps – Chainwire housenewsroomSocial infrastructure OpenSocial Protocol has received $6 million in strategic support led by Framework Ventures and North Island Ventures to support community apps. We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or…
Michael Novogratz’s Galaxy Asset Management has raised $113 million for Galaxy Ventures, a fund focused on investing in early-stage companies in crypto protocols, software infrastructure, and financialized applications.Affiliates of Galaxy Digital Holdings have attracted institutional investors, family offices and high-net-worth individuals since they began fundraising in the second quarter of this year.According to a statement from Galaxy, it expects to continue raising funds towards its $150 million target by next year, given the growing interest from institutional investors in the digital asset space.“Successfully investing in and supporting founders, technologies, and companies at the forefront of digital asset innovation has been…
Hashdex files for first index-based US cryptocurrency ETF, holding Bitcoin and Ethereum ETH ETFs saw inflows of $176.2 million, while Grayscale saw outflows of $326.9 million. Hashdex, a cryptocurrency asset management firm, has taken a major step towards launching a groundbreaking exchange-traded fund (ETF) that directly holds physical Bitcoin (BTC) and Ethereum (ETH). As part of its move to establish the first index-based cryptocurrency ETF in the United States, Hashdex has filed an S-1 registration statement with the U.S. Securities and Exchange Commission. Hashdex’s ETF Plan The fund, called the Hashdex Nasdaq Crypto Index US ETF, initially aims to include…
Darius Baru 25 July 2024 02:45 Gala Games has announced a ‘Play with Developers’ live event on Discord ahead of their ‘Mission Ready’ premium leaderboard event. Gala Games has announced an exciting upcoming event for the gaming community. According to Gala News, the ‘Mission Ready’ premium leaderboard event will be preceded by a ‘Play with the Devs’ live session on Discord. This interactive event is scheduled to begin on July 23, 2024 at 5 PM PST. Event Details The ‘Play with the Devs’ session will give players an exclusive opportunity to interact with the…
“jaw,” Steven Spielberg’s 1975 classic is the master of all shark movies, and it made everyone who went to the beach paranoid about going in the water. It’s about a giant tourist-loving shark and its grudge against Amity Island. “Yes, yes, yes” And there’s enough tension to make you bite your fingernails, “jaw” Made the fish a legend. Spielberg terrified everyone, launched his epic career, and ensured that no one ever looked at the ocean the same way again. “Sharknado” But there is no cheese. ~ inside Shark Hunter Slots ~ in PG SoftThe tables have turned. Now it’s your…
Bitcoin Bitcoin -3.46% Miner Bitfarms has adopted a new “poison pill” strategy to prevent a takeover of the company by rival Riot Platforms following a court ruling on the latter’s initial shareholder rights plan.Riot announced on Wednesday that its application to the Ontario Capital Markets Tribunal to halt the original “poison pill” plan implemented by the Bitfarms board was successful, effective immediately, with hearings scheduled for July 22 and July 23.“The Court’s ruling in favor of Riot’s application is a victory for all Bitfarms shareholders,” said Riot CEO Jason Les. “The adoption of the off-market poison pill is yet another…
Mystiko Network has been accused of insider trading by the community since its second airdrop.After the second Mystiko Network (XZK) token airdrop, widespread community outrage erupted when the community noticed that two addresses received significantly more tokens than most other participants.According to blockchain data, wallet “0xBca” in particular received 59,570 XZK ($1,787), while wallet “oxda8” received 60,325 XZK tokens ($2,170) in the airdrop.However, most of the other airdrop participants received between 400 and 5,740 XZK tokens, worth up to $172.XZK Airdrop Claim. Source: Etherscan.ioCryptocurrency airdrops have gained attention in 2024 because many airdrop hunters (or illegal residents) are professional airdrop…
Louisa Crawford 25 Jul 2024 03:22 Riot Platforms successfully persuaded the Ontario Capital Markets Tribunal to end Bitfarms’ use of toxicity to protect shareholder rights. Riot Platforms, Inc. (NASDAQ: RIOT) announced a significant victory when the Ontario Capital Markets Tribunal agreed to terminate the shareholder rights plan (commonly known as the “poison pill”) implemented by the board of directors of Bitfarms Ltd. (NASDAQ/TSX: BITF) on June 10, 2024. The tribunal’s decision effectively nullifies the poison pill, which was intended to protect Bitfarms from potential takeover attempts by limiting shareholders from acquiring more than a…