Cryptocurrency

Zest, Backed by Binance, Launches Yield-Bearing BTCz Token
September 06, 2024 03:37 PM AEST| By Team Kalkine MediaThe recent Bitcoin halving has spurred increased interest in developing decentralized finance (DeFi) solutions for Bitcoin, the pioneering blockchain network. Binance Labs and Tim Draper-backed Zest Protocol have introduced a new token, BTCz, designe...

Kamala Harris Campaign Doesn’t Accept Crypto Directly; Super PAC Does
September 06, 2024 03:36 PM AEST| By Team Kalkine MediaBitcoin's recent attempt to reverse a downward trend faced limited success as market participants await critical US jobs data. On September 5, Bitcoin briefly reached $57,000 at the Wall Street open, coinciding with gains in US equities influenced by...

MV Global: DePIN Poised to Be Crypto’s Next Major Use Case
September 06, 2024 03:35 PM AEST| By Team Kalkine MediaAccording to a report by MV Global, decentralized physical infrastructure networks (DePINs) are poised to become a major application in the Web3 space, potentially bringing a significant number of new users to the cryptocurrency ecosystem. The report...

Travala Partners with Skyscanner to Offer 2.2M Hotels
September 06, 2024 02:50 PM AEST| By Team Kalkine MediaTravala has achieved a significant milestone in the realm of cryptocurrency adoption by securing an integration with Skyscanner, a prominent global travel marketplace. This development marks Skyscanner's first partnership with a crypto-native applica...

Dubai Court Ruling Highlights Growing Acceptance of Crypto Payments
September 06, 2024 02:48 PM AEST| By Team Kalkine MediaThe adoption of cryptocurrency for salary payments is gaining traction, particularly in regions with significant economic incentives such as high inflation. Recent developments reflect a growing acceptance of this approach despite existing challenges...

Over 600 Bitcoin ATMs Disappear from Global Networks in 2 Months
September 06, 2024 02:47 PM AEST| By Team Kalkine MediaLaw enforcement authorities worldwide are intensifying efforts to shut down Bitcoin ATMs implicated in extortion and fraudulent activities. In the initial two months of the third quarter of 2024, over 600 Bitcoin ATMs were deactivated globally. The U...

Hedera and IOHK Become Final Founding Members of DeRec Alliance
September 06, 2024 02:46 PM AEST| By Team Kalkine MediaCardano and Hedera have recently joined the Decentralized Recovery Alliance (DeRec Alliance) as founding members, alongside Ripple and Algorand, to advance the development of security standards in the cryptocurrency space. The DeRec Alliance aims to...

Bybit’s Liquid Staking Token Enhances Solana Ecosystem
September 06, 2024 02:42 PM AEST| By Team Kalkine MediaCryptocurrency exchange Bybit has introduced a new liquid staking token, bbSOL, on the Solana blockchain. This innovation aims to offer users the dual benefits of earning staking rewards while maintaining liquidity and optimizing financial returns.,B...

Former Mt. Gox CEO to Launch EllipX Crypto Exchange in Europe
September 06, 2024 12:03 AM AEST| By Team Kalkine MediaMark Karpeles, former CEO of the now-defunct Mt. Gox cryptocurrency exchange, is set to launch a new crypto exchange named EllipX in September. Based in Poland, EllipX will initially cater to European users with plans to expand its services globally....

AggLayer to Integrate All Web3, Including Ethereum and Solana, Says Polygon Labs CEO
September 06, 2024 12:01 AM AEST| By Team Kalkine MediaPolygon is advancing its vision of unifying the Web3 ecosystem through its new initiative, AggLayer, which aims to provide comprehensive blockchain interoperability. The AggLayer, an aggregation layer designed to connect disparate blockchain networks...

ZachXBT Criticizes L1 Block Explorers, Calls for Overhaul
September 05, 2024 11:58 PM AEST| By Team Kalkine MediaIn a recent post on X dated September 5, crypto ZachXBT highlighted significant deficiencies in the quality of block explorers across several layer-1 blockchains. His observations underscore the need for substantial improvements in on-chain transacti...

Mastercard Partners to Enable Non-Custodial Crypto Spending
September 05, 2024 11:55 PM AEST| By Team Kalkine MediaMastercard has announced a new partnership with Mercuryo to launch a euro-denominated crypto debit card, marking a significant step in integrating cryptocurrency with traditional financial systems. This collaboration follows a recent pilot with the M...

AMA Recap: IPMB on Making Gold Interest Accessible
September 05, 2024 11:52 PM AEST| By Team Kalkine MediaAs global economic uncertainty continues, gold has experienced a notable resurgence, reaching new highs in August 2024. This uptick in gold prices is prompting renewed interest in the precious metal as a safeguard against economic instability. Blockc...

Fed Issues Cease and Desist Order to Texas Bank Over Crypto Services
September 05, 2024 10:02 PM AEST| By Team Kalkine MediaThe United States Federal Reserve has issued a cease and desist order to United Texas Bank, citing “significant deficiencies” in the bank’s risk management systems and interactions with cryptocurrency clients. The order, issued on September 4, follow...

Transitioning Mining Sites to AI Data Centers Presents Challenges: Sabre56 CEO
September 05, 2024 09:59 PM AEST| By Team Kalkine MediaPhil Harvey, CEO of blockchain data center consulting firm Sabre56, has challenged the notion that Bitcoin mining companies can effectively transition into high-performance computing (HPC) and artificial intelligence (AI) data centers as a strategy t...

Political Scientists Debate Impact of Crypto Voting Bloc on Elections
September 05, 2024 09:54 PM AEST| By Team Kalkine MediaRecent polling has shown a notable political preference among cryptocurrency holders, with former President Donald Trump leading Democratic Vice President Kamala Harris by a significant margin. However, the impact of this so-called “crypto vote” on t...

Political Scientists Debate Impact of Crypto Voting Bloc on Elections
September 05, 2024 09:53 PM AEST| By Team Kalkine MediaRecent polling has shown a notable political preference among cryptocurrency holders, with former President Donald Trump leading Democratic Vice President Kamala Harris by a significant margin. However, the impact of this so-called “crypto vote” on t...

Bitcoin DeFi TVL Expected to Surpass Ethereum’s Within 2 Years
September 05, 2024 09:52 PM AEST| By Team Kalkine MediaBrendan Sedo, a core contributor at Bitcoin sidechain Core DAO, has projected that significant capital from the Bitcoin ecosystem is likely to flow into sidechains and decentralized finance (DeFi) applications in the near future. According to Sedo, t...

WIF Open Interest Rises 16% as Trader Warns of Unpreparedness for Reversal
September 05, 2024 09:49 PM AEST| By Team Kalkine MediaInterest in Solana-based memecoin,{Dogwifhat},(WIF),has surged recently, with significant developments in both trading volume and market analysis. Since August 31, open interest in Dogwifhat futures has risen by 16%, reaching $231.48 million, accordi...

Bitcoin Transactions Drop 30% in 6 Months Amid BTC Price Stagnation
September 05, 2024 08:41 PM AEST| By Team Kalkine MediaBitcoin appears to be entrenched in a period of stagnation, with recent indications that the cryptocurrency is caught in an increasingly unstable trading range. According to a September 4 report by CryptoQuant, Bitcoin's network activity has declined...

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