MoneyGram and Ripple have had a long-standing partnership, with Ripple investing $50 million in the money transfer giant in 2019. As part of the agreement, MoneyGram used Ripple’s technology, xRapid (now On-Demand Liquidity) to send money while using XRP as a bridge currency. MoneyGram generated up to $113 million from the partnership in 2019.However, in […]
Binance Coin (BNB) has seen a sharp decline in price, trading to lows of $204 after breaking below the key levels of $210 and $208. This comes amid strong headwinds around Binance, with regulatory issues and payment partner issues adding to the downside pressure. If bulls give up the $200 zone, BNB could drop to […]
Bitcoin miners have shown resilience in the face of turbulent times, adjusting to hash rate changes and energy price spikes. Despite the challenges, miners have continued to operate and have demonstrated their commitment to the cryptocurrency. The hash rate is a measure of the processing power of the Bitcoin network, and it is adjusted periodically […]
Bitcoin traders are preparing for a period of increased volatility in the market, according to the latest Bitfinex Alpha report. Last week, the asset experienced a sudden plunge towards the $25,000 mark, resulting in over $1 billion in futures liquidations.On-chain data analyzed by researchers at crypto exchange Bitfinex showed a surge and flatline in implied […]
Stablecoin staking is becoming a popular option for cryptocurrency investors looking to maximize their earnings. Stablecoins are digital assets that are immune to news and events happening in the crypto world, and are usually pegged to stable resources such as commodities or traditional currencies. By locking away their stablecoins for an agreed-upon interval of time, […]
The crypto landscape is abuzz with excitement as Bitcoin’s halving event in 2024 approaches. Speculation is rife about whether the pioneering cryptocurrency will reach a new peak by then. At the same time, InQubeta’s presale has added an extra layer of intrigue to the narrative, with the project aiming to raise $5 million. InQubeta is […]
Thailand is taking a dramatic step to protect its citizens from crypto scams by seeking a court-ordered shutdown of Facebook. The Ministry of Digital Economy and Society (MDES) has identified 200,000 victims of fraudulent advertisements peddling fake investment opportunities and crypto scams. MDES spokesperson Chaiwut Thanakamanusorn has stated that the government is asking the court […]
Finst, a cryptocurrency exchange based in Amsterdam, has announced the successful release of its Proof of Reserves (PoR) audit conducted by an independent and reputable audit firm. This audit is the first of its kind and sets higher transparency standards in the crypto industry. The audit confirmed that Finst holds its clients’ assets on a […]
The Camino Network Foundation has announced that the Web3 travel ecosystem Camino Network has successfully completed a security audit conducted by the renowned cybersecurity company Hexens with great results. Nine minor flaws were found during Hexens’ audit of Camino Network’s L1 codebase; each was swiftly fixed by the team to maintain the network’s reliability.The last […]
Investors are gearing up for potential price movements in the crypto market, with massive new token purchases of XRP and SHIB igniting speculations. Data from Whale Alerts reveals a string of significant transactions involving trillions of SHIB moving between wallets. On Aug. 21, an investor purchased 4,653,778,173,637 SHIB worth $36,797,424 from a Bitvavo sender. Later, […]
