Category Archive: Cryptocurrency, No picture
Aethir and Filecoin team up to expand GPU resources, enhance data security
Key Takeaways Aethir and Filecoin have formed a strategic partnership to address GPU scarcity and enhance data security. Over 43,000 GPUs, including NVIDIA H100s, are integrated into Filecoin’s network. Share this article Aethir, a leader in decentralized GPU cloud computing, has joined forces with Filecoin, the leading decentralized storage network, to provide enhanced computational power […]
Token extensions are “a big good” reason why PayPal taps Solana for stablecoin, says PayPal crypto chief
Key Takeaways PayPal has opted for Solana due to its efficient transaction capabilities and token extensions. Ethereum was deemed unsuitable for high-volume transactions. Share this article Solana’s token extensions were a key factor that drove the expansion of PYUSD, PayPal’s flagship stablecoin, to the Solana blockchain, said Jose Fernandez da Ponte, Senior VP of PayPal’s […]
BingX pledges to reimburse users after security breach
Key Takeaways BingX suffered a security breach targeting its hot wallet. The exchange commits to fully reimbursing affected users using its own funds. Share this article BingX, a Singapore-based crypto exchange, said it suffered a security breach that led to “minor” losses in its hot wallet on September 20 (Singapore time). The exchange is committed […]
Bank of Japan keeps rates unchanged after core inflation firm to 2.8%
Key Takeaways BOJ keeps rates at 0.25% following a 2.8% rise in CPI. US Federal Reserve cuts rates by 50 basis points, contrasting BOJ’s policy. Share this article The Bank of Japan (BoJ) left interest rates unchanged at 0.25% on Friday after August core consumer prices, which came just a few hours before the central […]
Bitcoin enters ‘bull pennant’ breakout as S&P 500 hits all-time high
Key Takeaways Bitcoin’s bull pennant pattern suggests a potential rally with a target of $158,000 by 2025. The S&P 500 reaching a record high coincides with bullish signals for Bitcoin. Share this article Bitcoin has formed a bull pennant pattern on its monthly chart, suggesting a potential uptrend continuation, according to analyst Titan of Crypto. […]
Play Solana unveils first-ever crypto gaming handheld
Key Takeaways Play Solana Gen1 is the first web3 gaming handheld on the Solana blockchain. Details about the PSG1 preorder announcement, scheduled for tomorrow at the Solana Breakpoint Conference in Singapore. Share this article The first handheld web3 gaming device built on the Solana blockchain, Play Solana Gen1 (PSG1), has been officially announced today. The […]
Bitcoin jumps 6% after Fed cuts rates by 50 basis points
Key Takeaways Fed rate cut boosts Bitcoin 6%, but BOJ decision could impact gains. Bitcoin may benefit from additional Fed rate cuts expected by year-end. Share this article Bitcoin is trading near $63,000, up 6% in the last 24 hours after the Federal Reserve’s decision to cut its benchmark interest rate by 50 basis points. […]
Tether invests $1.5 million in Sorted Wallet to boost financial access in emerging markets
Key Takeaways Tether’s $1.5 million investment in Sorted Wallet targets financial inclusion in Africa and Southern Asia. Sorted Wallet facilitates secure crypto transactions on basic mobile phones, promoting economic empowerment. Share this article Tether has invested $1.5 million in Sorted Wallet to enhance financial inclusion in Africa and Southern Asia, where many individuals lack access […]
Bybit backs Ethereum’s first Attackathon with 75 ETH commitment
Key Takeaways Bybit contributes 75 ETH to Ethereum’s first Attackathon, the largest sponsorship to date. WSOT 2024 expands to include both DEX and CEX trading with a $10 million prize pool. Share this article Bybit, the world’s second-largest crypto exchange by trading volume, has announced its sponsorship of Ethereum’s first-ever “Attackathon” with a 75 ETH […]
Maestro – Your one-stop solution for seamless crypto trading
Share this article Trading crypto is fun and can come with many benefits when done right. But truth be told, trading is also complex, with many requirements when it comes to basic crypto, blockchain, market knowledge, risk assessment, and more. So, is it possible to make trading less complex and more intriguing? Well, the short answer is: […]
