Crypto.com, a leading cryptocurrency exchange, has announced the launch of Crypto.com Custody Trust Company, a new service aimed at US institutions and high-net-worth individuals. This move signifies Crypto.com’s commitment to expanding its footprint in the North American market. Targeting US Institutions and High-Net-Worth Individuals The new custody service will provide a secure platform for US … Read more
Fintech giant MoonPay has solidified its position in the crypto space with the acquisition of Helio Pay, a leading crypto payment gateway. This strategic move follows MoonPay’s recent launch of MoonPay Balance, a fiat-to-crypto transfer service designed for seamless DeFi interactions. Helio Pay, known for its integration with platforms like Shopify and Solana Pay, serves … Read more
Singapore solidified its position as a leading hub for digital assets in 2024, while Hong Kong faced challenges in its bid to attract crypto businesses. According to a Bloomberg report, Singapore issued 13 crypto licenses to various operators throughout the year. This significant increase, more than double the number issued in 2023, includes licenses … Read more
Grayscale Investments, a prominent digital currency asset manager, has announced the private issuance of 3,565,200 shares of its Horizen Trust (ZEN) to qualified investors. This move signifies a significant step forward for Grayscale as it continues to broaden its range of cryptocurrency investment options for institutional clients.According to a recent 8-K filing with the U.S. … Read more
Michael Saylor, a prominent figure in the cryptocurrency world, has unveiled his “Digital Assets Framework” on Friday, outlining a bold vision for the US to dominate the burgeoning digital asset market. The framework emphasizes regulatory clarity, robust compliance standards, and the protection of investor rights as cornerstones for fostering a thriving crypto ecosystem. Ambitious Targets: … Read more
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is showing signs of renewed strength following a recent price decline. This bullish sentiment is fueled by increased buying activity from investors and long-term holders who have been accumulating ETH during the dip. Whale Activity Signals Confidence Blockchain-based transaction tracker Lookonchain recently reported that four … Read more
Google is updating its cryptocurrency advertising policy, introducing stricter requirements for advertisers in the UK. Effective January 15, 2024, crypto exchanges and software wallet providers will be required to register with the Financial Conduct Authority (FCA) before their ads are allowed to appear on the Google platform. This move aligns with the FCA’s stringent … Read more
In an unprecedented move, Ripple has pledged $5 million worth of XRP to support the inauguration celebrations of President-elect Donald Trump and Vice President-elect J.D. Vance. The generous donation makes Ripple the largest contributor from the cryptocurrency industry to the inauguration fund, marking a historic moment for both the crypto world and U.S. politics. The … Read more
The Shiba Inu (SHIB) community has long held onto the ambitious goal of reaching a $0.01 price per token. While this target has seemed distant, recent developments are reigniting optimism. A Game-Changing Partnership Shiba Inu has announced a significant partnership with Chainlink, integrating the Cross-Chain Interoperability Protocol (CCIP) into its Shibarium network. This allows … Read more
Ripple’s highly anticipated stablecoin, RLUSD, made its debut on December 17th, injecting a wave of excitement into the XRP ecosystem. However, the launch was preceded by a peculiar incident: RLUSD briefly reached an astonishing $1,200 per coin in some wallets. The Mystery of the $1,200 RLUSD Prior to its official launch, some wallets displayed an … Read more