Leading U.S. cryptocurrency exchange Coinbase announced that stablecoins pegged to the Canadian dollar will soon be able to be traded on its platform. Social media platform Called The company is adding QCAD to its listing roadmap to let customers know that the company may soon add support for their specific assets. QCAD was relaunched last year by digital asset company Stablecorp with a promise to maintain reserves at least equal to the amount of QCAD in circulation on public blockchains. QCAD is available on Ethereum (ETH), Stellar (XLM), and Algorand (ALGO) blockchains. Stablecorp CEO Alex McDougall said last year: “We…
Author: Crypto Flexs
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Bitcoin (BTC) broke the $60,000 support level on May 1st, signaling a weakening upward trend. Although the fall has clouded Bitcoin’s near-term outlook, analysts remain bullish on the long term. Traders get all the negative news when the price action turns bearish. Investor sentiment took a hit due to the implicit reaction to the Hong Kong spot Bitcoin and Ethereum (ETH) exchange-traded fund (ETF) launched on April 30. Outflows also continued for five consecutive days in the U.S. spot Bitcoin ETF. It did little to calm my nerves.Daily view of cryptocurrency market data. source: Coin360Every bullish phase witnesses sharp corrections…
Synternet adds injectable network to multi-chain data layer – Chainwire housenewsroomSynternet adds an injectable network to the multi-chain data layer. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of storing preferences that…
The following shows current and planned expectations regarding the maximum possible chain reorganization depth. We do not consider transactions within this depth very likely to be permanent. This is just our own expectations There is no warranty of any kind.. It is derived from theoretical considerations, ongoing empirical data, the human element of emergency planning, and past experience of the security team. As with everything in the P2P space, the risk lies entirely with the individual operator. In much the same way as many in the industry, we will be monitoring the chain for signs of protocol-level issues. If there…
The AMF has extended the transition period for compliance until December 2025, allowing Binance to operate in France until then, but after this point it will require a MiCA license to maintain EU market access. Binance, the world’s leading cryptocurrency exchange, faces serious legal and regulatory hurdles in Europe. The French business could be jeopardized if founder and former CEO Changpeng ‘CZ’ Zhao, who recently pleaded guilty to money laundering charges in the United States, is convicted. How MiCA will impact Binance’s EU operations If a judge sentences CSN to the three years requested by the U.S. Justice Department, that…
When Satoshi Nakamoto invented Bitcoin (BTC), the anonymous cryptographer envisioned a world where people would free themselves from the iron shackles of banks and tyrannical governments. What he probably didn’t expect, though, was a crypto industry teeming with badly drawn frog, cat and dog tokens, along with a sprinkling of racist memes. With coverage of the fourth Bitcoin halving overshadowed by a speculative mania in meme coins — including on the Bitcoin network itself — it’s not surprising to see a very vocal debate over the value of meme coins to the crypto industry. Which we can answer — they…
U.S. Representative Patrick McHenry has accused Securities and Exchange Commission (SEC) Chairman Gary Gensler of misleading Congress about the regulatory status of Ethereum. The accusations come after a federal judge recently sanctioned SEC lawyers for dishonest court dealings, suggesting a troubling pattern within the agency. Did Gary Gensler Mislead Congress About Ethereum? In a meeting with the House Financial Services Committee, Gensler dodged direct questions about Ethereum’s security classification. Newly released court documents show this was an intentional move to obscure the commission’s position. This deliberate ambiguity represents a sharp departure from earlier SEC communications, which consistently separated Ethereum from…
IntoTheBlock’s recent analysis shows a troubling trend for some notable altcoin holders. In fact, more than 80% of Algorand (ALGO), Sandbox (SAND), and Arbitrum (ARB) investors are currently experiencing losses. Altcoin holders face significant losses According to IntoTheBlock, Algorand leads the pack with a whopping 91% of its holders losing money. Sandbox and Arbitrum are not far behind, with around 80% of investors holding a portfolio of altcoins that have fallen in value. Other cryptocurrencies such as Axie Infinity (AXS), Chiliz (CHZ), Cardano (ADA), Aave (AAVE), Lido DAO (LDO), Uniswap (UNI), and Chainlink (LINK) also show high holding ratios. The…
May 1st Bitfinex Pay – Release V0.6.5 Bitfinex Pay – Release V0.6.5 that much Bitfinex Pay Merchant Dashboard An internal tool designed to provide powerful reports and features to help merchants manage their cryptocurrency gateways. We are excited to share the latest updates on Bitfinex Pay. For more information about Bitfinex Pay, please visit https://blog.bitfinex.com/category/bitfinex-pay/. Seller Dashboard improvement We’ve completely redesigned the Invoice Details -> Payments menu to clearly display payments received and moved the option to manually add payments to its own section.We separated the flow for manually creating invoices from the flow for adding new payments. Previously, you…
Berlin, Germany, May 1, 2024, Chainwire Nektar Network is excited to announce the launch of Epoch 1 for Nektar Drops starting today, May 1, 2024. This new phase is dedicated to recognizing and recording the contributions of community members through daily Nektar Drops that can be earned through participation. Perform predefined activities within the Nektar ecosystem. This era will end on June 1, 2024, or when the network reaches a Total Value Locked (TVL) of 250,000 ETH. Epoch 1 participants will have the opportunity to earn Nektar Drops by participating in several pre-launch initiatives, such as Enzyme Vault, Reserve bsdETH…