Day: 1 October 2024

DeFi changes how we handle money - banks, payment processors and almost all financial intermediaries we use today will become obsolete, practically, with DeFi. But this shifts the responsibility of securing our money to us and the platforms we entrust it to. You could argue that this was always the ...

Cryptocurrency continues to offer great opportunities for investors to earn passive income, and crypto staking is turning out to be one of the ultimate ways. For individuals who look to dive into this route, CryptoBox provides a powerful solution to maximize profits with ease.  CryptoBox has cutting-edge AI-driven approaches to ...

Gemini has announced its withdrawal from the Canadian market, giving users until December 31, 2024, to withdraw their funds. This decision comes in response to increasingly stringent regulatory requirements imposed by Canadian financial authorities aimed at enhancing oversight of crypto exchanges and protecting investors. The U.S. headquartered crypto exchange informed ...

In September 2024, cryptocurrency platforms faced significant security breaches, resulting in losses of over $120 million from more than 20 hacks, according to blockchain forensic firm PeckShield. The attacks targeted both centralized and decentralized platforms, with exchanges like BingX, Penpie, and Indodax among the most affected. #PeckShieldAlert September 2024 saw ...

Ripple has received in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services within the Dubai International Financial Centre (DIFC).  According its press release, Ripple plans to build on the approval by extending its enterprise-grade digital asset infrastructure and introducing cross-border payment services, including Ripple Payments Direct ...

Japanese investment firm Metaplanet Inc. has acquired an additional 107.913 Bitcoin, valued at approximately 1 billion yen ($6.9 million), as part of its continued strategy to expand its cryptocurrency holdings. The Tokyo-listed company revealed in its newest announcement that the purchase was made at an average price of 9.26 million ...

Robinhood Crypto has introduced crypto transfers for its European customers. They can now buy, sell, and hold over 35 cryptocurrencies, including Bitcoin, Ethereum, Solana, and USDC, according to a recent press release.  As part of the launch, Robinhood is offering a 1% deposit match on all crypto deposits for a ...

Jesse Pollak, the team lead for Ethereum's Layer 2 blockchain Base, has taken on a new role within Coinbase's executive team. Alongside his continued leadership of the Base project, Pollak will now head Coinbase Wallet, reinforcing the company’s mission to broaden the accessibility of blockchain technology for a larger audience. ...