Sberbank, Russia’s largest bank, officially announced its entry into the cryptocurrency world. This strategic decision will enable the bank’s customers to seize new investment opportunities by facilitating the buying and selling of digital assets starting this month. Delayed launch: Sberbank’s cryptocurrency trading service now available The introduction of Sberbank’s cryptocurrency trading service, originally scheduled for launch in April, was delayed for a while, but the wait is finally over. Come June, bank customers will have access to a variety of services related to digital assets, ushering in a new era of financial exploration. Vice President Anatoly Popov revealed the bank’s…
Author: Crypto Flexs
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Litecoin As the hype surrounding the halving event died down, prices underperformed the market. LTC price fell to $80, its lowest level since June 21. It fell by more than 28% compared to this year’s high. Litecoin’s price action reflects the overall performance of the cryptocurrency industry. Bitcoin, the largest peer, has been hovering around $29,000 for the past few weeks. Likewise, the total market capitalization of all cryptocurrencies remained at $1.12 trillion. Litecoin price has ignored several important events in the ecosystem. I went last week through half-life, the process of reducing block rewards for miners within the ecosystem.…
A wallet believed to belong to Three Arrows Capital (3AC) co-founder Su Zhu has moved funds for the first time since his arrest several months ago.Etherscan records show several ERC-20 token transactions to and from an address called suzhu.eth on November 29th.One outgoing transaction included 3.75 million Gearbox (GEAR) tokens, worth just under $30,000. Within minutes of receiving the same tokens, Suzhu.eth transferred the funds to a decentralized exchange called CoW Protocol.In another outgoing transaction, suzhu.eth moved 1 billion of its ERC-20 tokens called SUZHU to Uniswap V2. Based on Etherscan data, the value of the SUZHU token is 0,…
reporter Posted on: November 30, 2023 MATIC’s exchange supply has been steadily increasing. However, market sentiment showed slowing demand among retail investors. The recent surge in Polygon (MATIC) supply on cryptocurrency exchanges may not be due to actual demand for the token in the general market. In a new report, anonymous CryptoQuant analyst Joao Wedson found: “Recently, we have witnessed an unusual scenario in which the price of MATIC rose significantly and the reserves held by the exchange also increased significantly. However, upon closer analysis of this situation, it becomes clear that price movements may not be directly aligned with…
In the latest developments today, Litecoin whales appear to be accumulating a huge amount of LTC, which could be quite positive for the network, especially as the halving event approaches. In a tweet shared yesterday, July 18th, by a cryptocurrency analyst using the Twitter account @ali_charts, he said: Confirmed We confirmed this trend using data from on-chain analytics firm Santiment. According to @ali_charts, Litecoin whales holding between 100,000 and 1,000,000 LTC have acquired 590,000 LTC (worth $59 million) in the last two days. #Litecoin Whales purchased more than 590,000 units. $LTC It was worth about $59 million in the last…
Bitcoin BTC -0.90% The rapid upward price trajectory over the past 24 hours has resulted in nearly $30 million worth of Bitcoin short liquidation.In the last 24 hours, over $119 million was liquidated in the cryptocurrency market. The majority of these liquidations, $73 million, were short positions. Bitcoin short positions accounted for the lion’s share of the damage, with more than $29 million worth of short liquidation in the last 24 hours, according to Coinglass data.The extinction of short positions occurred as Bitcoin retraced its steps after breaking through the $38,000 level this morning. The largest digital asset by market…
TL;DRA crypto wallet passphrase is an optional feature that can be used in addition to your seed phrase to restrict access to your crypto wallet. It is also defined by BIP-39 standard with the seed phrase itself.Passphrases offer extra security in the event that your seed phrase is exposed, or if someone else gains access to your hardware wallet. Passphrases also allow you to create multiple crypto wallets from a single seed phrase – in this way, you could even create a dummy wallet that would provide “plausible deniability” of your true holdings. If you lose your passphrase, you will…
Cryptography is increasingly being introduced into our daily lives. Cryptocurrencies are gaining more and more features that bring them closer to fiat currencies. Not only can you buy it, you can also earn it. What is STEPN (GMT)? STEPN runs on the Solana blockchain and is sold as a “Web3 Life Application.” It’s essentially a fitness app with GameFi elements. STEPN aims to revolutionize the fitness industry through gamification. Users are rewarded with tokens to encourage them to lead a healthier lifestyle. To join the community, you need to download the app, create a wallet, and purchase NFT sneakers. As…
Wazdan is bringing it back for winter! Yes, the award-winning Mystery Drop is back and hotter than cocoa on a snowy day. Mr. next door We promise a prize pool hot enough to melt Frosty! They became very popular, winning the Game Feature of the Year award for their famous Cash Drop promotion. Just like the plot twists of your favorite show, what you win is always unpredictable. And the Christmas edition is no different! Wazdan’s Xmas Box Cash Drop gives you a great gift with cash boxes ranging from $5 to $300. And the best part is, there are…
Streamr Announces Launch of Testnet 1 for Streamr 1.0 – A New Milestone in the Decentralized Data Economy – Chainwire housenewsroomStreamr announces launch of Testnet 1 for Streamr 1.0, a new milestone in the decentralized data economy 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…