Robinhood, the popular online trading platform, has been identified by Arkham Intelligence as the fifth-largest holder of Ethereum (ETH) and the third-largest holder of Bitcoin. In addition, the firm has recently become the owner of 34.086 trillion Shiba Inu (SHIB) tokens, equivalent to about $279.85 million at the current market price.Data shows that Robinhood’s SHIB […]
Elon Musk’s social media platform, formerly known as Twitter, has obtained payments licenses from several U.S. states in recent months. This includes a currency transmitter license in Rhode Island, which is essential for offering crypto services. Musk has hinted at supporting crypto on the platform, and the licenses allow for broader payments services to be […]
LBank recently concluded its Initial Exchange Offering (IEO) for the PINs Network project, securing a total investment of 51,556,343 USDT from 34,587 participants. This followed a period of increased activity on LBank, largely due to the IEO’s specific participation rules. The rules were based on a user’s daily average holdings of coins, such as BTC, […]
Nexo, a leading cryptocurrency platform, has partnered with payment processing giant Mastercard to launch a Dual Mode crypto card. This card allows users to switch between debit and credit modes for daily transactions and larger purchases from more than 100 million worldwide merchants that accept Mastercard.The Dual Mode Card is an example of a customer-first […]
PayPal, the world’s largest online payment company, has partnered with Coinbase, a prominent cryptocurrency exchange, to make purchasing cryptocurrencies easier for crypto enthusiasts in Germany and the UK. This collaboration seeks to simplify the process of buying cryptocurrencies, as conventional banking techniques, such as wire transfers, can cause delays.Coinbase users can now purchase cryptocurrencies using […]
Swift, a bank messaging network, recently released a report that explores how it can connect with blockchains and solve the issue of interoperability between different blockchain networks. The report, titled “Connecting blockchains: Overcoming fragmentation in tokenised assets,” concluded that a more incremental approach that interlinks existing systems to blockchains is “more plausible” for market development […]
The crypto market is highly volatile, and investors and experts remain skeptical of projects due to the lack of transparency surrounding their development and the team behind them. Two tokens have recently captured the attention of the crypto community with their sharply contrasting trajectories: Golden Inu ($GOLDEN) and ArbDoge ($AIDOGE).Golden Inu has emerged as a […]
The US Court of Appeals has unanimously ruled that the US Securities and Exchange Commission (SEC) has violated the Administrative Procedure Act (APA) by denying Grayscale Investment’s request to transform its Bitcoin Investment Trust (GBTC) into a Bitcoin Exchange Traded Fund (ETF). This is a major victory for the crypto industry, and markets have reacted […]
The crypto-fueled social marketplace Friend.Tech has caused a stir in the crypto market, as many feared it would have a negative impact on the Ethereum ecosystem. However, Ethereum’s daily gas fees have dropped by 26% since the platform’s launch, which is a positive development for the network. This is likely due to the platform being […]
Robinhood, a multi-chain, self-custody, Web3 wallet, has announced the addition of support for Bitcoin and Dogecoin, as well as the ability to conduct Ethereum swaps. This update has enabled hundreds of thousands of users across 140 countries to access Bitcoin and Dogecoin. The company has also enabled Ethereum swaps, allowing users to swap without holding […]
