Author: CryptoHoppers

The United States (US) government has recently moved a whopping 10,000 Bitcoin (BTC) seized from Silk Road, a notorious online black market platform. Over the years, the government has executed multiple large-scale Bitcoin transfers, strategically relocating these assets to new wallets or different exchanges.  US Government Moves 10,000 BTC To Coinbase Prime In an X (formerly Twitter) post on August 14, Arkham Intelligence, a blockchain analytics platform uncovered a new Bitcoin transfer conducted by the US government. According to Arkham’s reports, the government had transferred 10,000 BTC, valued at $593.5 million, from its cache of assets seized during the take…

Pyth Network has announced a strategic partnership with The Open Network (TON). This collaboration aims to bring high-fidelity, real-time data to the rapidly growing TON ecosystem. Pyth stated in the announcement, “Pyth’s pull oracle is set to supercharge the developer experience on TON by offering apps the fastest, most efficient, and most reliable data in Web3.” .@PythNetwork and @ton_blockchain have partnered to unlock high-fidelity data for builders looking to put crypto in every pocket.Pyth’s pull oracle is set to supercharge the developer experience on TON by offering apps the fastest, most efficient, and most reliable data in… pic.twitter.com/PvcWvmhJRv — Pyth…

Key Takeaways Nasdaq ISE withdrew proposals for trading options on Bitcoin and Ethereum ETFs. Other exchanges also pulled similar proposals, with potential refilings expected. Share this article Nasdaq ISE (International Securities Exchange) has withdrawn proposals to list and trade options on spot Bitcoin and Ethereum exchange-traded funds (ETFs), according to filings with the SEC.The exchange withdrew the proposals Tuesday, stating that no comments were received after the proposal was published in the Federal Register on August 12, 2024. The withdrawal notices follow similar actions by other exchanges in recent days.MIAX, MIAX Pearl, and BOX Exchange have also retracted their respective…

Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government excessive control over finances, threatening privacy and economic freedom. “It’s time to put an end to creating a central bank digital currency in Canada,” he […] Source link

Web3 Foundry Burnt has announced the launch of XION Foundation, the non-profit organization that will oversee the development and expansion of the proof-of-stake blockchain XION. The venture-backed platform also unveiled $XION, the native token of the layer-1 blockchain. Burnt shared news of these milestones in a blog post published on Aug. 14. XION launches native token XION Foundation will focus on democratizing access to Web3 across financial services, digital economies, and ownership. Helping to power these goals and providing utility within the L1 blockchain’s ecosystem will be $XION. In addition to network security, the token will drive the platform’s governance…

Vanguard’s new CEO, Salim Ramji, reaffirms the company’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while rejecting the launch of a crypto ETF. Ramji, a former Blackrock executive, highlights Vanguard’s strengths in active fixed income management and commitment to low-cost investments, staying consistent with the firm’s core principles. Vanguard CEO […] Source link

The HBAR Foundation and digital asset custody provider Copper have announced a collaboration aimed at broadening institutional access to the Hedera ecosystem. As part of the partnership, Copper will offer crypto custody support for Hedera (HBAR) and enhance the blockchain network’s decentralized finance capabilities via staking. This collaboration with Copper will also expand institutional access to HBAR and the Hedera Token Service, according to details press release. Copper clients can stake HBAR Institutional investors can now stake their HBAR via validators of their choice, utilizing Copper’s wallet infrastructure for DeFi transactions. The partnership also introduces institutional access to HBAR trading…

Key Takeaways Tether invests $3 million in Kem app to introduce USDT and drive crypto adoption in the Middle East. MENA region is the sixth-largest crypto economy with $389.8 billion in on-chain value from July 2022 to June 2023. Share this article Tether Operations Limited is investing $3 million in Kem, a money transfer and financial management app. The investment aims to introduce the stablecoin Tether USD (USDT) on Kem’s platform, driving crypto adoption in the Middle East.The Middle East and North Africa (MENA) region is the sixth-largest crypto economy globally, with $389.8 billion in on-chain value received between July…

The NFT space is constantly evolving, but with this evolution comes a set of technical challenges that can leave many collectors and artists scratching their heads. Recently, Ani from NFTRebels highlighted a critical issue with NFTs—particularly with KnownOrigin (KO) art tokens on Etherscan. The main concern? The art files associated with these tokens aren’t as secure as many believe, and navigating the technology can be daunting for those who aren’t tech-savvy. The Problem: Where’s the Art? When you look up a KO unsold art KODA token on Etherscan, what you see is just the tip of the iceberg. There’s no…

Tyler Winklevoss, co-founder of U.S.-based exchange Gemini and VC firm Winklevoss Capital, has alerted about the ongoing status of Operation Chokepoint 2.0, a plan directed to difficult banking access to crypto companies. Winklevoss’ remarks come after the Federal Reserve found Customers Bank, a crypto-friendly bank, had “deficiencies” in compliance with anti-money laundering requirements. Tyler Winklevoss […] Source link