Cryptocurrency wallet Conio has announced a partnership with cryptocurrency exchange Coinbase to offer a wide range of digital assets to banks and financial institutions in Italy. Conio, an Italian cryptocurrency wallet company partially owned by Poste Italiane and Banca Generali, has entered into a partnership with Coinbase to provide digital assets to domestic banks and financial institutions. The cryptocurrency wallet, which has over 400,000 customers, has teamed up with Coinbase Prime to provide liquidity to institutions handling digital assets. We plan to expand wallet support for up to 50 tokens by the end of 2023. Conio strengthens its position in…
Author: Crypto Flexs
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Web3 gaming company Immutable will cut gas fee payments to gamers entirely when its proprietary zero-knowledge proof-based (ZK Proof) scaling platform launches in early 2024.Immutable zkEVM provides technology that allows blockchain-based game developers to remove transaction fees from end users, which is touted to provide a “frictionless onboarding” experience for gamers.Web3 games built on blockchain protocols typically require gamers to pay a gas fee, which is paid to network validators for processing transactions. Before the advent of layer 2 scaling protocols, Ethereum-based decentralized applications (DApps) and services relied solely on pre-merge validators and miners to handle smart contract operations and…
The development of World ID 2.0 represents a major step forward in the area of decentralized identity verification. According to the official blog, World Coin, a prominent company in the blockchain technology industry, has made this leap. Shopify, Minecraft, Mercado Libre, Reddit, and Telegram are just some of the major digital sites that will be seamlessly integrated through this groundbreaking upgrade, released on December 12, 2023. The primary goal of integrating World ID 2.0 with these platforms is to provide users with the ability to simply prove their validity within various digital ecosystems. This new innovation represents a significant step…
BNB price has risen more than 6% over the past seven days. Several indicators looked optimistic and BNB’s network activity also remained high. After CZ withdrew, fear arose. BNB Chain (BNB) Price plummet. But the coin stayed in its place. In fact, the price of the coin has risen by more than 6% over the past seven days. Things could get even better if a promising bullish pattern forms on the coin’s price chart. The price movement of the BNB chain appears solid. According to CoinMarketCap, BNB is up more than 6% in the past week. At the time of…
The following is an excerpt from the latest edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be the first to get these insights and other on-chain Bitcoin market analysis delivered to your inbox, Subscribe now. Bitcoin has seen a slight reversal in its ongoing bull run in the final months of 2023. Nonetheless, these price movements could signal an upcoming bull market as the asset finds new backers.Throughout its entire history, Bitcoin has been a volatile asset. In the nearly 15 years since the Genesis block was mined, the greatest values have always been the result of…
U.S. Judge John Dorsey of the Delaware Bankruptcy Court has scheduled a hearing early next year to calculate the cryptocurrency exchange’s debt to the IRS, a sticking point that has stalled efforts to compensate the exchange’s many victims. Claims from the IRS, FTX’s largest creditor, must be resolved before FTX victims can recover their losses.
Market • December 13, 2023 2:27 PM EST Posted 1 minute ago In ~ bitcoin BTC +4.66% Prices rose on Wednesday as the U.S. Federal Reserve left interest rates at current levels, as expected.The Federal Open Market Committee left the federal funds rate unchanged at its current range of 5.25%-5.50%, as most analysts had predicted. The move marked the fourth interest rate freeze this year after the central bank kept rates steady in November, September and June.“Tighter financial and credit conditions for households and businesses are likely to put a strain on economic activity, employment, and inflation,” the central bank…
“The next generation of markets, the next generation of securities will be tokenization of securities,” said BlackRock CEO Larry Fink. He’s not wrong. The securities industry has played a key role in making tokenization visible and popular. However, with recent innovations, asset tokenization is now much bigger than financial securities. With a market potential of $16 trillion by 2030, tokenization has become a way to bring real-world assets (RWA) on-chain for better discovery, accessibility, and efficiency. This provides a much-needed bridge between TradFi and DeFi. But thanks to the unique and exclusive RWA we are building. planet, tokenization will lay…
Victoria, Seychelles, December 13, 2023, Chainwire The world’s best bitget cryptocurrency exchange and Web3 companies announced the listing of MultiBit (MUBI). Representing a groundbreaking advancement, MultiBit is the industry’s first two-sided bridge, carefully crafted to facilitate easy cross-network transfers between BRC20 and ERC20 tokens. In its efforts to improve liquidity and cross-chain interoperability, MultiBit has achieved pioneering results. Promising unparalleled ease and advanced accessibility, MultiBit provides a secure and user-friendly platform for stakeholders in the cryptocurrency space. The platform’s pivotal mission is to increase liquidity and accessibility of BRC and ERC tokens while maintaining strong security measures. In particular, MultiBit…
A total of $1.7 billion has flowed into Bitcoin (BTC) since the beginning of the year, with an additional $20 million worth of institutional funds flowing in over the past few weeks alone. Additionally, there was a lot of capital inflow. This is because it shows the high demand from investors for Bitcoin.ETF excitement fuels Bitcoin’s surgeWith all the hype surrounding the possible approval of a dozen index-based spot exchange-traded funds, this is despite the fact that Bitcoin is experiencing spectacular growth. This could create a positive atmosphere among investors, who see it as a necessary incentive for traditional financial…