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Binance-Backed Crypto Payments App Launches as Race for Africa Heats Up
Apr 23, 2020 at 14:50 UTCA crypto payments app backed by global exchange Binance has launched in Nigeria, kicking the contest to become Africa's chief digital asset provider into high gear.Binance said in a press release Thursday its social payments app Bundle would provide users across Africa with a fee-free means to store and transact…
Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value
news There’s now an underground service catering to fraudsters that lack the skills or nerve to hack into online accounts to steal funds. According to a September report from security-as-a-service firm Armor, cybercriminals on dark markets are now selling fiat cash for fractions of its worth to avoid the risk of dealing with the money…
XRP Short Traders Log Highest Losses in 2023 After Landmark Court Ruling
A landmark court ruling drove XRP prices to nearly double over the past 24 hours before receding in early Asian hours on Friday, with XRP shorts losing the most money so far this year.Data from Coinglass shows XRP-tracked futures traders racked up a total of $58 million in losses as a U.S. judge ruled the…
Why Bitcoin’s ‘Monetary Maximalists’ Oppose ‘JPEG Enjoyers’ (and Why They’re Wrong)
In the nether realms of crypto-Twitter/X, there is a brewing civil war between the “monetary maximalists” and “JPEG enjoyers.” While the Bitcoin network is limited in its storage capacity, the threshold for confirming transactions of any kind whether monetary or any arbitrary data from things like Ordinals inscriptions and meme coins is actually quite limited
The Associated Press Launches NFT Collection on Binance Marketplace
News agency The Associated Press launched a collection of non-fungible tokens on Binance’s marketplace, according to a Binance press release.The collection, dubbed “Unique Moments,” features digitized versions of photos and news wires based on the AP’s reporting on historical moments of the the last century. Examples include Japan’s WWII surrender, Nelson Mandela’s inauguration, and the…
VanEck to Donate 5% of BTC ETF Profits to Bitcoin Core Developers
Asset management firm and prospective BTC exchange-traded fund (ETF) provider VanEck will donate 5% of the profits from its fund (if approved) to Bitcoin developers Brink.VanEck's application to list a spot bitcoin ETF in the U.S. is one of more than a dozen currently awaiting a decision from the U.S. Securities and Exchange Commission (SEC).
First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the Crosshairs
Bitcoin's powerful move over the past couple of months to more than $700 billion in market value is suddenly commanding more attention from global financial regulators. Jan 14, 2021 at 2:05 p.m. UTCUpdated Jan 14, 2021 at 2:32 p.m. UTCFirst Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the CrosshairsBitcoin (BTC) was higher, pushing back…
Cardano Developer IOG Releases Lace Wallet, Boosting ADA Ecosystem
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April…