Author: CryptooTimes
SkyBridge Capital founder Anthony Scaramucci is doubling down on his belief that the institutional embrace of Bitcoin (BTC) is in full swing and poised to accelerate significantly in the upcoming quarters. Speaking on CNBC’s “Squawk Box”, the former White House Director of Communications highlighted recent developments, such as U.S. pension funds entering the crypto market, pointing to the State of Wisconsin Investment Board’s investments in BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust (GBTC). See below. According to recent U.S. Securities and Exchange (SEC) filings, the board allocated $170 million to these trusts, signaling a significant shift in institutional…
Despite ongoing speculation about Bitcoin’s next potential “deep correction,” some cryptocurrency analysts disagree on its likelihood. Source link
“Compared to the U.S., the south of Oman has a few geopolitical advantages that are unique. It is very good for connections, as it’s next to submarine cables landing. It has, low [cost] electricity, reduced political risk, and favorable weather conditions for data centers,” said Olivier Ohnheiser, CEO of Green Data City, an Oman crypto-mining firm, told CoinDesk during Bitmain’s World Digital Mining Summit in Oman at the end of March. Source link
Discover what’s next for LUKSO as it charts a course toward enhanced usability as an L1 EVM for social, culture and creators Introduction In the evolving world of blockchain technology, LUKSO stands out with its innovative approach to digital identities and assets. The network is gearing up for a series of updates that promise to redefine user interactions on blockchain platforms. This article provides an in-depth look at the upcoming LUKSO Tech roadmap, explaining its significance and detailing what users and developers can anticipate. Its time for a Roadmap! We created this little notion board to give more transparency on…
Developers behind Pink Drainer, a notorious wallet drainer service implicated in the theft of over $75 million in assets, have decided to wind down their operations. “We have reached our goal and now, according to plan, it’s time for us to retire,” the devs claimed in a Telegram announcement, first reported by on-chain detective ZachXBT. The developers added, “After this message’s publication, we will begin winding down all of our infrastructure. All stored information will be wiped and securely destroyed.” Pink Drainer is a software kit that cybercriminals employ to steal cryptocurrency assets by exploiting technological flaws that rely primarily on social engineering techniques…
Phantom Wallet has climbed to third position on the utility category on the Apple app store and several crypto commentators are taking it as a bullish signal for Solana. Source link
May 17: Oobit, a mobile payment app, has “collaborated with TON Foundation to integrate its native cryptocurrency, TON (Toncoin), into its platform, advancing the usage of cryptocurrency as a means of payment,” according to the team: “Toncoin holders will be able to Tap & Pay at over 100 million retailers worldwide. The integration will further strengthen the recent announcement of the collaboration between the largest company in the digital asset industry, Tether, and the TON Foundation.” According to a separate press release on Tether’s website: Users will be able to “send USDT as a direct message on Telegram and spend…
Emtech Pioneers the Integration of CBDCs in Fintech, Offering New Opportunities for Financial Inclusion and Efficiency Introduction In a world where digital transformation is the norm, Emtech has emerged as a trailblazer with its groundbreaking Central Banking Infrastructure and CBDC Innovation Kit, hosted on the Hedera network. This innovation promises to redefine how digital currencies are integrated into the financial ecosystem, offering significant benefits like enhanced financial inclusion and reduced transaction costs. But what exactly is Emtech, and why is their CBDC Innovation Kit a game changer in the financial industry? Emtech, a first-of-its-kind Modern Central Banking Infrastructure provider, launched…
India’s Securities and Exchange Board of India (SEBI) wants cryptocurrency oversight to be distributed, proposing a multi-agency approach. Official documents disclosed by Reuters reveal that SEBI recommended that different regulators should work in unison to oversee the cryptocurrency sector in the nation. The suggestions were presented to an advisory panel for India’s finance ministry. Per the proposal, SEBI would monitor cryptocurrencies classified as securities, along with initial coin offerings, and issue licenses for related products. All crypto-related insurance cases would be under the domain of the Insurance Regulatory and Development Authority of India. Meanwhile, the Pension Fund Regulatory and Development…
The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023. Source link
