Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum transactions via ZKB eBanking and mobile banking. The bank will be working with Crypto Finance AG to use Fireblocks for secure storage. This service is only available to Swiss residents who have signed the required contract. Zurich Kantonalbank (ZKB), the fourth-largest bank in Switzerland, known locally as Zürcher Kantonalbank, has taken a big step into the cryptocurrency space by launching Bitcoin (BTC) and Ethereum (ETH) trading services. The development, announced on September 4, marks a major milestone in the mainstream adoption of digital currencies by traditional financial institutions. ZKB has collaborated with…
Author: Crypto Flexs
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Donald Trump has gained a bigger lead over Kamala Harris in a Polymarket poll as the 2024 US presidential election approaches. Trump’s polymarket odds, which had been roughly flat until mid-August, have jumped several percentage points, with 53% of bettors backing Trump compared to 47% for Harris. The change marks a return for Donald Trump, who had been at a disadvantage after Joe Biden announced he would not run for reelection, but now has a temporary advantage for the vice president. Trump is expanding his lead in the polymarket…Regular interviews and podcasts make a marked difference to Kamala, who refuses…
Aipcoin monkey +2.84% According to one of the founders of leading NFT brand Yuga Labs, they are re-planning their roadmap with a new set of initiatives called BluePrint. Specifically, the Bored Ape Yacht Club-themed project aims to launch a consumer-grade app to attract new users and foster community building on the upcoming ApeChain network, which Yuga Labs officials have confirmed will be “launching soon.”“At ApeChain, we believe that apps are what matter most. That’s why we prioritize great day-one content partners, a robust ecosystem site where you can easily discover the coolest stuff on the chain, and a suite of…
Polygon has taken a major step towards its unified chain vision. During the initial phase of upgrading from MATIC to POL, only limited functionality is available. Developers expect POL to eventually evolve into a “super-productive” token. Last year, Polygon Labs, the developer of the Polygon Network, announced plans to scale Ethereum infinitely via an “aggregate” chain architecture that horizontally connects as many chains as possible on top of its leading Layer 1. As part of this new roadmap, the developers announced several massive changes planned for the network, including upgrading the ecosystem’s native token from MATIC to POL. A year…
Tony Kim Sep 5, 2024 02:15 BitMEX will launch a new POLUSDT perpetual swap contract with up to 10x leverage on September 5, 2024. Leading cryptocurrency derivatives exchange BitMEX announced the listing of a new POLUSDT perpetual contract on September 5, 2024 at 04:00 UTC. According to the BitMEX blog, the new product will allow traders to leverage their positions by up to 10x. POLUSDT Listing Details The POLUSDT perpetual contract will be tradable based on the index components. BitMEX said it will notify traders via site announcements and social channels when the contracts…
Cryptocurrencies can be fun and profitable, but they can also be addictive. Sometimes, they can consume an investor’s life and strain relationships with friends and family. YSM, a Korean college student who spoke to the magazine on condition of anonymity, said his family was having a hard time because of an app called Pi Network. While YSM is skeptical about the legitimacy of the project, his father, who runs a fried chicken restaurant, is convinced that this is the next Bitcoin. “Every time I visit my parents, my dad keeps urging me to install the app and start mining Pi…
The mantra in the crypto space is “not your keys, not your coins”. This has become a guiding principle for all users, newbies and experts alike, especially after the multiple security breaches that have occurred on centralized exchanges.Self-custody, the practice of maintaining complete control over your digital assets, is essential for true financial independence in the cryptocurrency space. Now, the innovative hardware wallet Tangem Ring Crypto Wallet is set to redefine the approach to self-custody of digital assets.The importance of self-parentingBefore discussing the features of the Tangem Ring, let’s first look at why self-storage is important.Complete control over your assets:…
Exchange • September 4, 2024 2:31 PM EDT Posted 1 minute earlier ~ in August was the second highest month for USD-backed trading volume in 2024. With a whopping $193 billion in trading volume, the market sent a clear signal that demand for cryptocurrencies is not slowing down.This volume surge is the second largest ever, following $276 billion in March, suggesting we are witnessing the early stages of a volume recovery.Crypto.com in particular has emerged as a major winner in this rally, surpassing Coinbase in terms of trading volume and market share. The exchange now commands an impressive 49% of…
Ethereum’s Layer 1 network revenue has been in steep decline, plummeting 99% since March 2024.According to data from Token Terminal, network revenue peaked at over $35 million on March 5. However, by September 2, daily revenue had plummeted to around $200,000, a yearly low.Ethereum Profits (Source: Token Terminal)Market observers attribute the decline to the growth of Layer 2 (L2) networks and the March Dencun upgrade, which reduced L2 transaction fees and restructured Ethereum’s revenue structure. Token Terminal said:”A key indicator of how lower transaction fees on L2 have driven increased usage, but reduced revenue on L1.”Since the upgrade, trading activity…
Wang Long Chai September 4, 2024 16:08 Pool Masters, from the makers of 8 Ball Pool, joins Immutable’s (IMX) Main Quest, bringing Web 3.0 rewards and player ownership to mobile pool gaming. Mobile pool gaming is about to undergo a huge transformation as Pool Masters, the latest from the team behind the hit game 8 Ball Pool, which has over 1 billion downloads, joins Immutable’s (IMX) massive web3 gaming rewards program, The Main Quest, according to immutable.com.A Billion Dollar Genre on the Verge of DestructionPool games have long been a staple of the mobile…