Author: News Room
Project Guardian is reportedly revolutionizing the financial markets through asset tokenization and by leveraging cutting-edge technologies like Chainlink. Project Guardian is a systematic initiative that is being led by Monetary Authority of Singapore (MAS). This collaborative effort unites key players such as Swift, UBS Asset Management, SBI Digital Markets, ANZ, and ADDX. 3 Project Guardian solutions featuring #Chainlink alongside Swift, UBS Asset Management, SBI Digital Markets, ANZ, and ADDX highlighted by @MAS_sg:https://t.co/QYLjes3dyj — Chainlink (@chainlink) November 21, 2024 The collective aim of these ledgers is to create a more efficient, secure, and interoperable digital asset ecosystem. Project Guardian is bridging…
Sui Network released its first network outage analysis report which found that a bug in its upgrade code caused the downtime. The report also shared that the bug was fixed within 2.5 hours. The network outage took place on the morning of November 21, 2024, between approximately 1:15 and 3:45 am PT, which halted all transaction processing as validators were stuck in a crash loop. Sui took to X to share the report, stating, “The rapid, collaborative response from Sui’s validator operators is an incredible testament to the strength of the Sui community.” Earlier today, Sui experienced its first network…
Main Takeaways Binance is committed to responsible growth and strong regulatory compliance, seeing it as a key component of protecting its users and the wider ecosystem. Throughout 2024, we have been expanding our compliance and risk teams, focusing on both the quantity and quality of hires to meet the demands of a maturing crypto sector. The addition of new leaders with extensive experience in financial crime prevention, compliance governance, special investigations, and more has strengthened Binance’s ability to navigate complex regulatory environments and support its compliance initiatives. As global crypto adoption continues to ramp up, Binance stands at the forefront…
Beneath the cryptocurrency market’s optimism that arose from Donald Trump’s re-election and the associated bull run, there is no shortage of confusion about what his re-election will mean for the industry and the economy more broadly. While there is little doubt that the incoming administration is vocally far more favorable to digital assets than the outgoing one, the exact policy – and the exact effects of the hypothetical policies – remain uncertain. In this climate, the fate of the Federal Reserve’s FedNow system, a potential U.S. central bank digital currency (CBDC), and Ripple Labs has again come to the forefront.…
The Blockchain Association has called on president-elect Donald Trump and Congress to prioritize five key actions during the administration’s first 100 days to establish the U.S. as a global leader in cryptocurrency innovation. In an open letter, the industry group outlined specific measures to address regulatory challenges and support the domestic digital asset economy. 1/ Today, Blockchain Association submitted a letter to President-elect Trump and the new Congress outlining priorities impacting the crypto industry to consider in the first 100 days.https://t.co/uMa29LYHpr pic.twitter.com/kJbx9l1cqv — Blockchain Association (@BlockchainAssn) November 22, 2024 The Blockchain Association is a U.S.-based crypto lobbying group advocating for…
Cboe Global Markets Inc. announced plans to introduce the first cash-settled index options tied to Bitcoin’s spot price. Cboe’s Bitcoin ETF options will debut on December 2 and will be based on its ETF Index, which tracks a group of US-listed spot Bitcoin exchange-traded funds. Bitcoin ETFs Options Continue to See Interest from Institutional Investors This development comes shortly after Nasdaq listed Bitcoin ETF options, allowing investors to speculate on Bitcoin’s price movement or manage risk through derivatives. Crypto derivatives, including options and futures, have traditionally been traded outside the United States due to regulatory hurdles. However, increasing demand and…
Namecheap recorded an astounding 1.1 million bitcoin transactions with over $73 million generated in revenue. Revenue Milestone for Namecheap Using Bitcoin Namecheap has been providing domain registration services for over two decades. In 2013, they became first domain registrar to support bitcoin payments for domain services via Bitpay. In 2020, the company added Btcpay to […] Read the full article here
Ethereum buyers are on a rampage, pushing ETH past $3,400 earlier today. But all eyes are now on Cardano, with some experts spotting similar patterns in ADA’s price action. In the middle of all this, a market newcomer – Crypto All-Stars – has just blasted through $5 million in ICO funding ahead of its upcoming DEX listing. Ethereum Silences Critics with Sharp 12% Price Rally It’s been a great few days for ETH holders. The token’s surge has silenced the critics who spent weeks mocking its sluggish performance. In the past 24 hours alone, the second-largest crypto by market cap…
Bitcoin price is rising steadily above the $95,000 zone. BTC is showing positive signs and might soon hit the $100,000 milestone level. Bitcoin started a fresh increase above the $95,000 zone. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $95,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $100,000 resistance zone. Bitcoin Price Sets Another ATH Bitcoin price remained supported above the $92,000 level. BTC formed a base and started…
Four crypto traders have reportedly netted millions through smart $SHRUB trading. Ethereum memecoin, $SHRUB has captured the attention of crypto traders and investors for significant ROIs. The coin is setting the stage on fire by soaring to $230 million market cap after a 50x surge in just two weeks. ‘Smart traders’ exit their $SHRUB positions…with huge profits.Ethereum memecoin $SHRUB (@ShrubHedgehog) soared past $230 Million market after gaining 50X in two weeks. Beneficiaries of this move appear to be cashing in on their bets. According to our premium Smart Traders… pic.twitter.com/VgBDnJ1FQt — DexCheck AI (@DexCheck_io) November 21, 2024 The savvy crypto…