George Town, Cayman Islands, December 12, 2024, Chainwire KAST, a financial technology platform built on stablecoins to deliver a neobank-style experience, has raised $10 million in seed funding. The round is led by HongShan Capital Group (HSG) and Peak XV Partners. A number of high-profile angels, partners at DST Global and Goodwater Capital also joined this round. “In most countries and more than half of global GDP, banking has fallen short of the openness and speed of the internet and has fundamentally collapsed. Stablecoins are a solid solution, but the user experience is poor. We are building KAST to change…
Author: Crypto Flexs
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We are excited to announce that FWOG, SPX, and GOAT are now available for trading on Kraken! Funding and Transactions Trading for Fwog, SPX6900 and Goatseus Maximus will begin at 15:30 PM today, 11 December 2024 (UTC). To add assets to your Kraken account, go to Funding, select the assets you want and hit ‘Deposit’. Make sure you deposit your tokens on a network supported by Kraken. Deposits made using other networks will be lost. The new token will be tradable on Kraken and Kraken Pro using the following parameters: legacypairPrice decimal precisionMinimum order sizeMinimum deposit amountfogUS Dollar, Euro0.00011010SPXUS Dollar,…
Nature, one of the world’s most cited scientific journals, introduced ResearchHub, a decentralized science (DeSci) protocol. This is a move that could potentially warn the wider scientific community about DeSci and cryptocurrencies. In a December 11 article, Nature, which has 9 million monthly viewers, introduced ResearchHub’s platform, which pays peer reviewers the equivalent of $150 in cryptocurrency to provide independent reviews of new research papers. . Nature’s article points out that it has also proven to be a financial opportunity for some people. Pedro Paulo Gattai Gomes, a Sao Paulo molecular biology consultant, said he now makes more money writing…
Louisa Crawford December 12, 2024 06:36 Robinhood Markets, Inc. reported strong growth in cryptocurrency trading volume and custody assets in November 2024, reflecting significant year-over-year increases. Robinhood Markets, Inc. (NASDAQ: HOOD) released monthly operating data for November 2024, showing impressive growth in several key areas, according to GlobeNewswire. In particular, the company’s cryptocurrency trading volume surged by more than 500% compared to the previous month, recording an astonishing 700% increase compared to the previous year. Key indicators and growth Robinhood’s November report highlighted a total of 24.8 million funded accounts, reflecting an increase of…
Peter Jang December 12, 2024 04:17 Explore the rise of stablecoins, their mechanisms, market trends, and regulatory environment. Learn why cryptocurrency trading and why it plays a pivotal role in financial inclusion. According to Chainalytic, stablecoins have recently emerged as a significant force in the global cryptocurrency market, accounting for more than two-thirds of cryptocurrency trading volume. These digital currencies, which are pegged to less volatile assets such as fiat currencies or commodities, offer consistent value, unlike most cryptocurrencies, which have price volatility. Understanding stablecoins Stablecoins are digital currencies pegged 1:1 to fiat currencies,…
HighlightsThe U.S. Supreme Court rejected Nvidia’s appeal, leaving the chipmaker to face securities fraud lawsuits again.The court did not disclose the reason for the dismissal, saying only that “the case was immediately accepted and dismissed.”Shareholders claim Nvidia misled investors about the role cryptocurrency mining played in its revenue growth in 2017 and 2018. The U.S. Supreme Court rejected Nvidia’s attempt to appeal a high-profile securities fraud lawsuit, allowing the case to: NVIDIA v. E. Ohman J:or Fonder AB It takes place in federal court. The decision was a major blow to Nvidia, which had sought to overturn the ruling by…
no way Dogecoin Rally It’s sparking excitement again among cryptocurrency enthusiasts. viceroy It indicates a bullish pattern ahead of the expected Santa rally. Dogecoin Despite a possible 300% rise in December this year, a new cryptocurrency could quietly outshine its place. shiba inu. Combining practical utility and market-leading growth, this emerging competitor could redefine the GambleFi landscape.no way new cryptocurrency Challenge Meme Coin Giantswhile Dogecoin and shiba inu Rallying around historical patterns and ecosystem updates; new cryptocurrencyIt is quietly emerging as a force to be reckoned with. Leveraging innovative utility and unique value proposition, this rising star is poised to…
A closely watched cryptocurrency trader believes that top memecoin Dogecoin (DOGE) could soar to double digits based on historical patterns. Crypto strategist Ali Martinez tells his 97,000 followers on social media platform The trader shares a chart that suggests DOGE is trading in a large upward channel, mirroring its price action during the 2017 and 2021 market cycles. “See where we are in the Dogecoin DOGE bull cycle! Very early, right? For that reason I appreciate the drop and will buy more between $0.40-$0.30. The goal remains at $3, and if things get really bad, it will be $18!” Source:…
Caroline Bishop December 12, 2024 02:23 Google has introduced Deep Research, a new feature in Gemini for comprehensive AI-based analytics and reporting. Now available in Gemini Advanced on desktop and mobile web. Google Gemini strengthens AI capabilities through in-depth research Google announced the launch of Deep Research, a new feature integrated into the Gemini platform to provide users with advanced AI-based analytics. According to blog.google, the feature is designed to streamline complex investigative tasks by mimicking human browsing behavior, gathering insights, and generating comprehensive reports. How In-Depth Research Works Deep Research leverages Google’s web…
Solana bulls held the $210 support well, but selling pressure was increasing. Market structure and momentum favored the bears. Solana (SOL) bulls defended the $210 support and led the price rebound over the past two days. However, bearish technical indicators had the upper hand. Bitcoin (BTC)’s indecisive price action also did little to help Solana. A consolidation between the $210-$230 region is expected over the next few days. Another key level was highlighted below $210. A move below this level could cause SOL’s value to decline by another 10%. Solana bounced 4% from support Source: SOL/USDT on TradingView On the…