September 12, 2024

News Bitcoin

Injective Launches Layer-3 Network on Arbitrum for Interoperability

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Injective announced the launch of its Layer-3 network, the inEVM, powered by Arbitrum’s Orbit toolkit. It aims to enhance connectivity across Ethereum, Cosmos, and Solana networks, pushing the boundaries of blockchain interoperability and functionality. Injective and Arbitrum Enhance Blockchain Interoperability The design of the inEVM network allows integration with the Ethereum Virtual Machine (EVM). It enables developers to create…

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Cardano Names New Chief Technology Officer

Cardano Foundation Names Giorgio Zinetti CTO to Boost Open Source

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The Cardano Foundation, headquartered in Zug, Switzerland, and responsible for the cryptocurrency ADA, has announced the appointment of Giorgio Zinetti as its Chief Technology Officer (CTO).  This initiative highlights the Foundation’s dedication to steering Cardano through its next phase of growth and innovation in the blockchain sector. Cardano Names New Chief Technology Officer As the…

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Bitget Partners with Alchemy Pay for Indian Rupee Crypto Purchases

Bitget Partners with Alchemy Pay for Indian Rupee Crypto Purchases

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Bitget announced a partnership with Alchemy Pay. The goal is to enable the buying of cryptocurrencies with the Indian rupee (INR). This collaboration introduces a big improvement. It adds Alchemy Pay’s On-Ramp services to Bitget’s trading platform. Users will be able to buy Bitcoin (BTC), Ethereum (ETH), and Tron (TRX), among other cryptocurrencies, with INR. Bitget and…

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550 Million Crypto Airdrop

Mode Network Initiates 550 Million Crypto Airdrop on Optimism

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Mode Network, a modular decentralized finance (DeFi) Layer-2 solution built on the Optimism Stack, has launched its governance token, MODE. Simultaneously, the network has initiated its crypto airdrop season, with the token claim site now active for participants. 550 Million Crypto Airdrop The MODE token has dual functions. It serves as a governance mechanism and promotes ecological…

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Institutional Bold Bet: Susquehanna Pours $1.1 Billion Into Spot Bitcoin ETFs

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Susquehanna International Group, a leader in quantitative trading, aggressively expanded its portfolio with over $1.1 billion invested in Bitcoin exchange-traded funds (ETFs). The company’s recent 13F SEC filing on May 7 revealed the composition and value of their Bitcoin ETFs portfolio as of March 31, 2024. The firm’s latest move signals a significant shift towards…

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Standard Chartered Discusses How Donald Trump’s Victory Can Be Positive For Crypto

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According to insights from Standard Chartered, Donald Trump’s administration could herald a bullish period for Bitcoin and other crypto assets. With the 2024 US presidential election on the horizon, the crypto market is buzzing about the potential impact of Trump’s possible re-election. Will Donald Trump Maintain a Softer Stance on Crypto? During his first presidency…

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Exclusive P2P Trading Platform LocalMonero Bids Farewell Amid Regulatory Heat

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LocalMonero, the largest Monero (XMR) peer-to-peer (P2P) trading platform, announced its closure on May 7. This also marked the end of its nearly seven-year run in the crypto space. The closure is set against a backdrop of increasing scrutiny and regulatory actions targeting privacy-focused cryptocurrencies and platforms in the United States. Indeed, these regulatory enforcements…

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