Caroline Bishop Sep 19, 2024 04:44 Binance has announced that it will support the Manta (MANTA) network upgrade and hard fork on September 19, 2024, and will suspend deposits and withdrawals. Leading cryptocurrency exchange Binance has announced support for the upcoming Manta (MANTA) network upgrade and hard fork. According to Binance, the upgrade is scheduled to occur on September 19, 2024 at approximately 10:00 PM (UTC).Network Upgrade DetailsStarting at approximately 21:00 (UTC) on the same day, Binance will suspend both deposits and withdrawals of tokens on the Manta Network to facilitate the upgrade and…
Author: Crypto Flexs
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According to Jose Fernández da Ponte, PayPal’s VP of Blockchain, Cryptocurrency, and Digital Currency (BCDC), Ethereum (ETH) is not the best solution for payments. Ethereum is not suitable for payment purposes speaking At the Solana Breakpoint 2024 conference, Ponte cited Ethereum’s inability to handle high volumes of transactions as a key reason PayPal decided to launch its dollar-backed stablecoin, PYUSD, on competing smart contract platform Solana (SOL). PayPal initially launched the PYUSD stablecoin on the Ethereum network in August 2023. However, in May 2024, the company announced that it would launch the stablecoin on the Solana blockchain, which would “It…
SHIB is showing signs of breaking out of its 75-day range. The order book liquidity delta indicates that buy orders are deeper than sell orders. The second largest Mimecoin, Shiba Inu (SHIB), has been consolidating near the $0.000014416 support zone for some time. It has tested this level three times but has not broken below it. However, the SHIB/USDT price action now shows a possible breakout of the 75-day range. At the time of writing, the tightly compressed Bollinger Bands are starting to widen. This development could signal the end of the consolidation. Additionally, the wave trend momentum oscillator has…
There has been a lot of talk about the impact of the crypto industry on the 2024 U.S. presidential election. Republican candidate Donald Trump has championed the industry during his campaign this year, going so far as to call himself the “crypto president.” Democratic candidate Kamala Harris has been much quieter since officially entering the race.As for what the outcome would be for the cryptocurrency industry, VanEck presents a less straightforward case.”(We) have Kamala Harris and Donald Trump going strong. Bitcoin Bitcoin -0.68% Each has more nuanced implications for the broader digital asset market,” wrote Matthew Sigel, VanEck’s head of…
Kingstown, Saint Vincent and the Grenadines, 20 September 2024, Chainwire Stashes Cryptosphere, a blockchain-centric platform, has announced the presale of its Stashes ($STSH) token, scheduled for September 25, 2024. Designed to provide broader access to decentralized finance (DeFi) opportunities, $STSH aims to provide a user-friendly experience for a wide range of cryptocurrency participants by facilitating transactions on both the Binance Smart Chain (BSC) and Ethereum networks. Key Features of $STSH Token Stashes ($STSH) introduces a number of features that will benefit both new and experienced cryptocurrency users. Multi-chain deployment: $STSH, which operates on both Binance Smart Chain and Ethereum, allows…
In a September 20 announcement, Securitize announced that it is working with the Wormhole Foundation to enable cross-chain interoperability for all tokenized assets on its platform.Through this partnership, Wormhole becomes the official blockchain interoperability provider for Securitize’s current and future tokenized assets, representing a major step forward in the tokenization and cross-chain interoperability of digital assets.As a result, Securitize can enhance cross-chain functionality by linking tokens to 32 blockchains available on the Wormhole infrastructure. The company is a tokenization infrastructure provider to institutions such as BlackRock and Hamilton Lane.The goal of this collaboration is to drive institutional adoption and bridge…
Securitize, a tokenization platform, announced on September 20 that it has integrated cross-chain communication protocol Wormhole “to provide cross-chain functionality to all assets tokenized via the Securitize platform.” Real-world assets (RWAs), including tokenized claims to financial assets, commodities, or art, are emerging as one of the most popular market segments for cryptocurrencies, but adoption is hampered by restrictions on transfers between blockchain networks and wallets.“Tokenized securities need to thrive on public, permissionless blockchains to unlock the potential of blockchain technology,” Securitize CEO Carlos Domingo said in a statement. Securitize said the goal of the integration is to “enable sub-second, sub-penny…
Ted Hisokawa Sep 19, 2024 05:38 Binance is launching a new promotion for fixed-rate loans, giving users the chance to earn up to 799 USDC. The campaign will run from September 19, 2024 to October 11, 2024. Binance has launched a new promotion to celebrate the launch of fixed-rate lending, according to an official announcement. The promotion provides borrowers and providers with enhanced liquidity options and the opportunity to earn up to 799 USDC in token vouchers.Promotion Period: 2024-09-19 05:00 (UTC) to 2024-10-11 23:59 (UTC).Promotion DetailsDuring the promotion period, users who borrow at least…
It’s Friday! In today’s newsletter, we cover the hack of crypto exchange BingX, Jump Crypto’s Frankendancer client launching on Solana, Catizen’s TON-based token launch, and more.Meanwhile, an “intimate” documentary about Vitalik Buterin and Ethereum has started streaming on-chain.Let’s get started.Cryptocurrency Exchange BingX Faces $43 Million Security ExploitSingapore-based cryptocurrency exchange BingX suffered a hot wallet security breach on Friday morning, resulting in significant losses of funds. Analysts at blockchain security firm PeckShield estimated that $43 million worth of cryptocurrency was stolen in the attack, but the exchange described the losses as “minor” and manageable. Vivian Lin, BingX’s chief product officer, said…
Solana’s daily active users surpass 5 million. Franklin Templeton Launches Fund for Solana Sky (MakerDAO) expands to Solana. Solana has had an impressive year this year both in terms of token and ecosystem. SOL is up 625% year-over-year following significant expansion of the DeFi ecosystem. Recently, the Solana Foundation has announced several major developments, including partnerships with major banking institutions and one of the largest DeFi protocols, while the number of users is hitting a record high. Solana Achieves Record Number of UsersLast week was filled with major developments for Solana. On Friday, September 20th, during the BreakPoint conference in…