Category Archive: Cryptocurrency, No picture
Betting platform Rivalry launches RVLRY token in Web3 expansion
Sportsbook and gaming operator Rivalry today announced the Rivalry Token (RVLRY) a native crypto token designed to augment functionality and user engagement within its suite of products. The token’s launch, expected in the latter half of 2024, marks a strategic move to solidify Rivalry’s position in the crypto-gambling sphere and cater to its primary demographic […]
TRON network officially supported by LayerZero
Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s cross-chain interoperability protocol. This significant development allows TRON ecosystem developers to seamlessly expand their applications to over 70 other networks supported by LayerZero.LayerZero is a cutting-edge […]
Oil Rises Moderately Ahead Of OPEC+ Meeting. ECB Plans To Cut Interest Rates Next Week
US stock indices were not traded yesterday due to the Memorial Day holiday.Equity markets in Europe mostly went up yesterday. The German DAX (DE40) rose by 0.44%, the French CAC 40 (FR40) closed with a 0.46% gain, the Spanish IBEX 35 (ES35) added 0.71%, the British FTSE 100 (UK100) was not traded.On Monday, European stocks closed with solid gains, cutting the previous week’s losses as […]
Polkadot Community Ratifies JAM As Next Major Protocol Evolution – Can It Drive DOT Price To $10?
The Polkadot community has overwhelmingly voted in support of the JAM upgrade as revealed by Polkadot co-founder Gavin Wood. In a recent X platform post, Wood revealed that the community has ratified JAM as the next major protocol evolution.The JAM protocol was born out of the need to implement a protocol that combines elements of […]
Possible BNB Chain exploit sees $80K in BTC lost
A recent incident on the BNB Chain has resulted in the loss of approximately $80,000 worth of Bitcoin (BTC) due to a potential exploit involving a series of suspicious transactions. While the amount may seem small compared to typical crypto exploits, the attacker’s identity and intentions have come under scrutiny.According to on-chain security firm Cyvers, […]
Bitcoin Falls 2% As Mt. Gox Transfers 107,547 BTC
The cryptocurrency market experienced a notable downturn on 28 May as Bitcoin (BTC) saw a 2% decline following substantial movements of BTC linked to the defunct Mt. Gox exchange. Wallets associated with Mt. Gox transferred a staggering 107,547 BTC, valued at approximately $7.3 billion, to an unknown address, causing significant market concern. This move comes as the […]
China’s Industrial Bank rewards digital yuan spending with carbon credits
Fuzhou-based commercial bank Industrial Bank (CIB), has unveiled a novel rewards system that enables users to earn carbon credit points through digital yuan (e-CNY) spending, according to a recent report from Cnfol.com, an online financial information platform.Through the bank’s mobile app, users can now accumulate carbon points for a range of transactions, from daily payments […]
US Stock Futures Rise As Investors Eye Key Economic Data And Earnings Reports
US stock futures advanced on Tuesday as investors returned from a holiday-extended weekend, focusing on upcoming economic reports that could influence the Federal Reserve’s interest rate outlook. Futures for the Dow and S&P 500 edged up by 0.1%, while Nasdaq 100 futures gained 0.2%.The previous week saw mixed performances across the major indices. The Dow […]
EUR/GBP Remains Above 0.8500 After Rebounding From Nine-month Lows
EUR/GBP rebounds from the nine-month low of 0.8496 recorded on Monday, trading around 0.8520 during the European session on Tuesday. European Central Bank (ECB) Executive Board member Isabel Schnabel said at the 2024 BOJ-IMES Conference on Tuesday that Quantitative Easing (QE) may have weakened the transmission of monetary policy during the recent tightening cycle. In a bank-based […]
Solana validators vote to keep full control of priority fees
Solana validators have voted on SIMD-0096, a proposal to self-allocate 100% of priority fees, ending the previous 50/50 split between burning fees and rewarding validators. The proposal was passed with a 77% approval.According to descriptions of the proposal, it was designed to address specific flaws in Solana’s current validator system while maintaining alignment with incentives […]
