HighlightsThe protocol has partnered with SUI Network’s WalrusProtocol to create a secure, decentralized human identity without biometric storage.Delphi Digital’s analysis validated the platform’s ability to prevent synthetic identity fraud in its verification system.The sustainable blockchain sector will witness significant growth in 2025 due to the growing demand for digital identity and UBI applications. Humanity Protocol’s native token H rose 70% on October 24, hitting an all-time high above $0.24 and pushing its market capitalization to $525 million. This surge follows positive developments surrounding a technical report from Delphi Digital that confirmed its expansion into the SUI ecosystem and its role…
Author: Crypto Flexs
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HYPE price appears poised for strength in a descending wedge pattern as several catalysts, including the Robinhood listing, spark renewed investor interest in the token. summation HYPE price is up 19% in the last 7 days. Robinhood listed HYPE and Hyperliquid Strategies Inc. announced plans to raise funds to accumulate the token. HYPE is almost breaking out of a descending wedge pattern on the 4-hour chart. According to data from crypto.news, Hyperliquid (HYPE) was trading at $40 at last check on the morning of October 24, Asian time. It is up 8.1% in the last 24 hours and almost 19%…
Xeltox/Cryptomus fined C$177M for failing to report over 1,000 suspicious cryptocurrency transactions. Violations included child abuse, fraud, ransomware, and sanctions-related transactions. The company previously faced action from the BC Securities Commission for operating an unauthorized exchange. The Financial Transactions and Reports Analysis Center of Canada (Fintrac) has imposed its largest-ever fine on Xeltox Enterprises Ltd., operating as Cryptomus, after it allegedly failed to comply with anti-money laundering (AML) regulations. The Vancouver-based cryptocurrency services provider was fined C$177 million ($126 million) for multiple violations related to suspicious transactions, according to a statement released on Wednesday. widespread failure to report; Fintrac’s investigation…
join us telegram A channel to stay up to date on breaking news coverage The US Federal Reserve (Fed) is preparing to join the “payments revolution” and bring cryptocurrencies from the “periphery” of finance into the mainstream. At the Federal Reserve’s Payments Innovation Conference in Washington on October 21, Governor Christopher Waller said the central bank would give stablecoin issuers and fintech companies access to its payments system through a proposed ‘skinny’ master account. The move highlights a dramatic shift in the Fed’s approach to digital assets and decentralized finance. Waller said technologies such as stablecoins, tokenized assets and AI…
Bloomberg’s top ETF analyst duo Eric Balchunas and James Seyffart have just calculated the number of exchange-traded fund (ETF) filings that have made it onto the U.S. Securities and Exchange Commission (SEC) tables over the past few quarters.Who’s winning the ETF Land Rush so far?Bloomberg’s Eric Balchunas estimates that with 155 cryptocurrency ETF submissions already completed, this number could reach 200 in the next 12 months, especially if the US returns to normal government operations soon. There are currently 155 cryptocurrency ETP filings tracking 35 different digital assets. You could easily see over 200 hits MKT over the next 12…
Despite numerous ambitious projects and growing interest in building blockchain-based “crypto-cities,” most have either fallen short of expectations or been abandoned entirely. Industry experts believe the key now lies in integrating blockchain technology within existing city frameworks rather than building entirely new autonomous regions. This shift toward modernization is shaping the future of cryptocurrency markets, regulation, and digital infrastructure.Many projects to build fully encrypted cities have failed or been abandoned.Experts suggest focusing on upgrading existing cities rather than creating standalone cryptocurrency communities.Blockchain technology is increasingly becoming part of mainstream city infrastructure through government-backed initiatives.A purely cryptocurrency city in an ungoverned…
Crypto retail payments now have two levers that can be moved quickly: Merchant Rails, which reduces processing costs, and a consumer app that converts cryptocurrency purchases and spending.Walmart’s OnePay sits at the intersection of the two, as its recent Zero Hash partnership allows the app to support Bitcoin and Ethereum transactions, hosted wallets, peer-to-peer transfers, and on-chain deposits and withdrawals (if the operator enables those features).According to Zero Hash documentation, custody is handled by the Zero Hash company and execution is supported by an affiliated liquidity services department. Prices may include spreads in addition to platform fees.Since the Walled Garden…
Key points: The increase in spot and futures trading volumes shows that traders are returning to the cryptocurrency market. Traders have upside, but the charts suggest swing traders will sell at the highs of the intraday rally.Cryptocurrency market price movements were volatile on Tuesday, with Bitcoin (BTC) hitting a daily high of $114,000 and Ethereum (ETH) briefly rising to $4,110. Solana’s SOL (SOL) also attempted a move above the $200 level with a quick rally to $198. At least for Bitcoin, the breakout rally coincides with an increase in BTC’s open interest and suggests traders are returning to the market…
Key highlights The Bank of England has set a final timeline for introducing a regulatory framework for stablecoins by the end of 2026. The proposed framework stipulates that stablecoin issuers must back their coins primarily with high-quality, short-term government bonds. The Bank of England plans to exempt cryptocurrency exchanges and payment companies from its initial proposed holding limits. While countries like the United States are adopting stablecoins to strengthen their USD dominance, the Bank of England is also now preparing to integrate stablecoins into the mainstream financial system. Bloomberg reports that the Bank of England plans to introduce stablecoin regulations…
The interoperability platform plans to release 25.71 million coins today. Traders are bracing for potential volatility due to liquidity inflows. ZRO is trading above the important support area at $1.50. Cryptocurrencies rebounded on Monday as the value of all digital currencies surged 3% in the past 24 hours to $3.74 trillion. Even amid broader optimism, LayerZero’s ZRO was relatively flat, trading at $1.71, up 0.56% for the period. ZRO’s poor performance comes as the community prepares for today’s large-scale coin launch. According to Tokenomist data, the interoperability protocol will unlock 25.71 million tokens, currently worth about $43.7 million. This amount…