Day: 5 August 2024

Xapo Bank has introduced a new financial product allowing its UK customers to earn daily interest on their Bitcoin deposits. The interest will be paid in Satoshis, the smallest unit of Bitcoin, with variable rates applicable to balances up to 5 BTC. The bank's new Bitcoin accounts reportedly offer 1% ...

DeFi platform Zoth has reportedly raised $4 million to fund its efforts to launch digital versions of traditional fixed-income instruments on the blockchain. According to a new report, this new capital will fuel the launch of Zoth's Tokenized Liquid Note, a product designed to include secure, low-risk assets such as ...

Ireland-based digital payment service provider Decta has announced a partnership with French fintech startup Next Generation to launch a new Euro-pegged stablecoin. The stablecoin, named EURT, will be initially issued on the Stellar blockchain, with plans to support three additional platforms. Decta that the collaboration aims to leverage its regulatory ...

A blockchain wallet associated with a known crypto hacker has moved 9.75 million $DAI and 17.75 $ETH to an intermediary address. According to on-chain data, the hacker quickly converted the DAI to 16,890 ETH, then sent 2,400 ETH (approximately $7 million) to Tornado Cash, a cryptocurrency mixer. Blockchain forensics firm ...

Google Pay, Walmart-backed PhonePe, and Amazon Pay are among five payment firms seeking to participate in India's central bank digital currency (CBDC) pilot, according to a new report from Reuters. Sources, speaking on condition of anonymity, told Reuters that these firms are working with the Reserve Bank of India (RBI) ...

Two U.S. Senators, Catherine Cortez Masto of Nevada and Charles Grassley of Iowa, have introduced a bill aimed at expanding the Secret Service's powers to tackle cryptocurrency-related crimes. The proposed legislation, titled the "Combating Money Laundering in CyberCrime Act of 2024,"  seeks to broaden the Secret Service's authority to investigate ...

It's becoming challenging for people to use blockchain products because traditional on-chain transactions are complex and often hidden in apps or complex interfaces. Take Uniswap, for example, a leading DEX. Users must learn to connect wallets, handle gas fees, and a host of other things to use the platform. These ...

The cryptocurrency space in 2024 is more exciting than ever. With new technologies, platforms, and financial products emerging, there are numerous ways to engage and make money in the crypto market. To stay ahead and get the best returns, it's essential to explore different earning methods. This guide will discuss ...

The Australian Federal Police (AFP) has initiated an investigation into a large-scale cryptocurrency phishing operation that has compromised over 2,000 Australian-owned digital wallets.  This action follows the revelations of Operation Spincaster, a probe conducted by blockchain analysis firm Chainalysis, which exposed widespread "approval phishing" attacks on cryptocurrency holders in six ...

Trading in the crypto markets can be intense emotionally, as traders go through highs like excitement and lows like fear or disappointment. Roughly 70% to 75% of cryptocurrency traders lose money in their first year because they make reckless trading decisions based on their emotions.  Emotional trading can lead to ...