Coinbase, a prominent cryptocurrency exchange, has recently drawn significant investor attention following a “buy” rating upgrade for its COIN stock from CITI. This positive outlook from CITI comes ahead of Coinbase’s anticipated Q2 earnings release scheduled for early August. The upgrade has sparked discussions about the potential reasons behind CITI’s optimism. In this analysis, we…
Upland’s first tradable token, SPARKLET, is launching exclusively on Bitget’s Launchpool, giving users early access. Starting from 13:00 (UTC) on July 24, 2024, users can farm SPARKLET by staking Bitget Token (BGB) until August 1, 2024, with a total prize pool of 7,000,000 SPARKLET tokens. The SPARKLET/USDT trading pair will also be available on the…
South Korea’s new rules to protect users’ crypto assets took effect on July 19. These regulations, introduced by the country’s financial watchdog, aim to ensure safer handling of digital currencies by virtual asset service providers (VASPs). The “Virtual Asset User Protection Act” requires virtual asset service providers (VASPs) to follow new steps to keep users’…
Crypto exchange Bithumb has announced it will list Paycoin on its KRW market, with deposits starting on July 15, 2024. Following this news, the price of Paycoin (PCI) jumped 25% to $0.16. This surge comes amid a broader recovery in the cryptocurrency market. Over the past week, Paycoin has gained 87.5%, driven by two main…
Abra, a digital assets platform, bought Tron (TRX) and Zilliqa (ZIL) trusts from Valkyrie Investments. Bloomberg reported the purchase happened just before Abra settled with 25 U.S. state regulators over operating without licenses. This was done by Abra Capital Management LP, an SEC-registered investment advisor, according to Marissa Kim, Abra’s head of asset management. Abra…
Coinbase is broadening its crypto trading services in Germany by introducing three new tokens: BLAST, ZRO, and CORECHAIN. This expansion addresses the recent volatility in the crypto markets, which has been partly driven by the German government’s BTC sell-off. By adding these tokens, Coinbase seeks to provide more trading options and boost investor sentiment in…
Binance has recently announced that it will support four popular cryptocurrencies: Artificial Superintelligence Alliance (FET), FLOKI, Notcoin (NOT), and LayerZero (ZRO). This move has attracted a lot of attention from the crypto community, who are now wondering if it will lead to a price rally for these coins. Additionally, Binance is backing a merger involving…
ACPR has granted Circle an e-money license for USDC and EURC across the EU, making Circle the first stablecoin issuer to be licensed under MiCA regulation. MiCA aims to protect investors by implementing stablecoin transaction limits. Circle is now the first stablecoin issuer to get regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA)…
Coinbase will launch SHIB futures on July 15, expanding regulated altcoin trading. The new SHIB futures offer cash-settled contracts, enhancing trading opportunities. Additionally, Coinbase is expanding altcoin futures with DOT, XLM, AVAX, and LINK, boosting market depth. Coinbase is expanding its cryptocurrency options by introducing Shiba Inu (SHIB) futures contracts on July 15. This move…
Robinhood has announced it is buying Pluto, a platform that provides investment advice using artificial intelligence. This acquisition is intended to help Robinhood users make better financial decisions. By integrating Pluto’s AI tools, Robinhood aims to offer more advanced investment guidance and improve its services for retail investors. This means users will soon benefit from…
The Cardano blockchain has introduced the Inter-Blockchain Communication (IBC) Protocol to improve how it connects with other blockchains. This new feature aims to enable smooth and secure transactions and data sharing between different blockchains. By integrating IBC, Cardano is becoming a more connected ecosystem, which could encourage more decentralized applications (DApps) to adopt its platform….
Trident3 has teamed up with LayerZero to launch the peer-to-peer (P2P) digital identity solution, T3id. This partnership will allow users to quickly and securely verify their identity across more than 70 blockchains connected through LayerZero’s infrastructure. Steve Goldstein, CEO of Trident3, explained to Crypto Briefing that P2P identity verification ensures that transactions and communications are…
Coinbase, the largest cryptocurrency exchange in the USA, has announced a new partnership with Stripe to make USDC transfers easier. Stripe will be integrated into Coinbase’s Base network and will use this network in its cryptocurrency payment products. Coinbase and Stripe Partner to Enhance Crypto Services As part of their new partnership, Coinbase will integrate…
Bithumb has listed a new altcoin, CORE, for trading. Deposits for CORE will begin on June 24, 2024, at 09:00 Turkey time. CORE aims to establish a robust Web3.0 infrastructure. Today, South Korea’s top cryptocurrency platform Bithumb announced the listing of a new altcoin project named CORE. Users can now trade CORE using South Korean…
Binance has integrated Tether (USDT) with the Toncoin network. Despite this update, the price of TON has dropped in the charts. Binance has announced that Tether (USDT) is now integrated on the Toncoin (TON) network. This means users can deposit and withdraw USDT directly on the Telegram-associated blockchain, which is known for its fast transaction…
Taiwan’s BitoGroup is aiming to introduce a crypto-friendly bank account in collaboration with the internet bank Bankee. BitoGroup, a Taiwanese crypto wallet and exchange service, is teaming up with Bankee, the internet banking arm of Far Eastern International Bank, to introduce a specialized bank account that supports cryptocurrencies. BitoGroup and Bankee Partner to Boost Crypto…
Binance, the cryptocurrency exchange giant, has announced its backing for the merger of Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) into a new altcoin called Artificial Superintelligence (ASI). As part of the merger into Artificial Superintelligence (ASI), Binance will suspend deposits and withdrawals for Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) beginning July…
The Central Bank of Kenya is updating the country’s payment systems law to enable it to issue licenses to fintech startups. Governor Kamau Thugge mentioned that the process of amending the law is nearing completion and expects it to be finalized soon. Central Bank of Kenya to License Fintech Startups The Central Bank of Kenya…
Taiwan has taken an important step in regulating the cryptocurrency sector by creating a new industry association. This move supports the government’s goal of increasing oversight and self-regulation in the industry. The Taiwan Virtual Asset Service Providers Association, established today with the guidance of the Financial Supervisory Commission (FSC), marks a significant milestone in the…
Binance, a prominent cryptocurrency exchange, has partnered with the Macao Judiciary Police to launch a pioneering in-person training program for law enforcement. This initiative marks a key step in Binance’s efforts to collaborate globally with law enforcement agencies. More than 40 representatives from the Macao Judiciary Police’s Criminal Investigation Department and Gaming-related and Economic Crimes…