On another day, the Indian rupee (₹) and the US dollar ($) are on track to test their speed. The pair was last seen strong at ₹83.27. This is consistent with expectations that INR will open as coldly as it closed the last session. The US dollar is in several pieces and the Federal Reserve has not yet announced a date for a rate cut. There is no doubt that raising interest rates is a far-fetched dream. However, the announcement of the cuts will provide clarity for traders to better reflect their moves. U.S. interest rates are at their lowest…
Author: Crypto Flexs
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World Coin world +6.33% , a cryptocurrency project co-created by OpenAI CEO Sam Altman, has reportedly discontinued its Orb verification service in India, Brazil, and France. This comes just a few months after the launch of the eye scanning device in the country.Worldcoin developer Tools For Humanity said in a statement to TechCrunch that it has expanded its service to many markets for “limited time access” this year.Worldcoin is an identity-centric crypto project that uses Orb devices to scan people’s irises to prove their identity online. We use WLD as an incentive to join the protocol, rewarding users with tokens…
The cryptocurrency industry is still relatively young, but institutional adoption has already begun. As the number of cryptocurrency traders and investors grows, so does the need to protect them from financial crime. It refers to both cryptocurrency service providers and investors. The term “anti-money laundering” is not new in the financial sector and does not seem to have much relevance in the cryptocurrency industry either. What is anti-money laundering and why is it an important aspect of regulating this industry? Today we will discuss these topics. Cryptocurrency Money Laundering: Some ExamplesIn 2022, blockchain analytics company Chainalytic produced a cryptocurrency crime…
Cryptocurrency Analyst Dark Defender We recently focused on the stories around us. XRP lukewarm price action. The analyst chooses not to hear any of it. confidence The trajectory of the future is XRP token is bullish. No need to listen to FUD in post On his He too seemed to be urging. XRP Community He ignored the FUD because he said the tokens were still progressing according to “our plan” based on a weekly timeframe. Source: X He restated some of the comments and analysis he had written. XRP’s Price Action. One of them was on June 4th, when…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Shiba Inu (SHIB) and Dogecoin (DOGE) are popular meme coins that are attracting investors looking for a versatile cryptocurrency portfolio. But newcomer Borroe Finance (ROE) is attracting investors, raising more than $1.9 million in an ongoing presale. SHIB ignites discussion On December 15, Shiba Inu’s Discord channel administrator DaVinci answered community questions regarding the delayed SHIB burn. According to Shibarium’s Telegram post, DaVinci is confident that the planned 25 billion SHIB burn could occur at any time, highlighting the…
Bartek Kiepuszewski, co-founder of L2Beat, a portal for tracking Ethereum layer-2 activity, is concerned about the security and consistency of existing off-chain scaling solutions, suggesting that without fraud protection there is room for fraud and irregularities to arise. . Focus on optimism and manta: What is happening? December 20 Go to X, Kiepuszewski observed Some layer 2 solutions, such as Manta and Optimism, use sequencers to publish data to Ethereum. However, without fraud protection, there is no way to verify that the data sequencers publish to the Ethereum mainnet is accurate or complete. From the co-founder’s perspective, there are no…
The Federal Deposit Insurance Corporation (FDIC) has announced significant changes to its official signage and advertising regulations. This update, the first since 2006, aims to extend the trust and assurance traditionally provided by the FDIC’s physical signage to the rapidly evolving digital banking environment. New digital signage requirements Starting in 2025, insured banks will be required to display the new black and navy FDIC official digital sign. This sign must be placed near the bank’s name on all websites and mobile applications. It is also displayed on certain ATMs (Automated Teller Machines). The move marks a significant change from the…
Chainlink Labs revealed winners in six categories focused on solving specific tasks in the Web3 ecosystem. In a blog announcement on December 20, developers of the Chainlink decentralized oracle network revealed that they had awarded a $25,000 major prize to Unwallet.me, a seed- and gas-free multi-chain cryptocurrency wallet. The product utilizes a so-called account abstraction mechanism to create seedless wallets, allowing them to connect to various blockchain networks with a single domain name. Unwallet.me supports cryptocurrencies on various fiat-denominated distributed ledgers with the help of Chainlink Price Feeds oracles. “Constellation was our best and most successful hackathon to date, both…
Cathie Wood’s Ark Invest sold additional Coinbase shares yesterday, bringing the two funds to a total of 149,780 coins ($24.2 million) as the stock hit a yearly high, according to the company’s latest trading filing.Of the total, Ark sold 132,782 shares ($21.5 million) in the Innovation ETF and 16,998 shares ($2.7 million) in the Next Generation Internet ETF. The investment management firm continues to rebalance its fund weights amid the recent surge in COIN prices.Ark sold $5.5 million worth of Coinbase stock on Tuesday. The company sold $200 million worth of Coinbase stock over the past month.Coinbase shares closed at…
The co-founders of cryptocurrency analytics firm Glassnode believe altcoins are gearing up for a major move to the upside. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on social media platform say It is predicted that the total market capitalization of digital assets, excluding Bitcoin (BTC) and Ethereum (ETH), is in the consolidation phase and will soon surge. “1-2-3-4-5 euphoria! The cryptocurrency market is making big moves. Cryptocurrency market chart minus BTC and ETH. We looked at the first three steps. Now acceleration awaits. Please see the chart below for detailed analysis.” Source: Negentropy/X Analyst charts…