Author: CryptoHoppers
When it comes to Cardano casinos and gambling sites that accept the Cardano cryptocurrency as a deposit and payout method, there are a few top options that continue to stand out amongst the competition. In this modern era of online casinos and crypto gambling, Cardano is one of the smart contract platforms powering this emerging landscape. This guide will break down the 5 best Cardano casinos available in 2024 based on game selection, bonuses, reputation, and review scores. We’ll take an in-depth look at each site and provide a comparison to help you choose the right platform for your gaming…
An exclusive association has been formed between NodeKit and Polygon, which will improve the flexibility factor throughout multiple Blockchain networks. This will result in an uninterrupted and incorporated Web3 scenario. Here, the name of the game is interoperability. NodeKit plays an integral part in initiating synchronized interaction among Blockchains. It has formed an absolute landmark association with Polygon. As per the understanding, the concentration will be on adopting the flexibility of NodeKit, along with the CDK rollups of Polygon and the inventive AggLayer. The priority will remain to address the splits existing within the real Blockchain space, resulting in the…
Sony Group acquires Amber Japan, officially steps into crypto exchange arena
Key Takeaways Sony Group has officially entered the crypto exchange market by acquiring Amber Japan. Amber Japan was involved in a speculated debt-to-equity deal following the FTX collapse. Share this article Sony Group, a Japanese conglomerate known for games, music, and cameras, has officially entered the crypto exchange market with the acquisition of Amber Japan, according to crypto reporter Wu Blockchain. Amber Japan, previously known as DeCurret, is the Japanese subsidiary of the global Amber Group, providing regulated digital asset trading services. Exclusive: Sony Group, one of Japan’s largest companies, has acquired Amber Japan, officially entering the crypto exchange field.…
Hawaii Wraps Up Sandbox: Crypto Firms No Longer Need State Money Transmitter Licenses
The U.S. state of Hawaii’s regulatory sandbox concludes today. Crypto companies will no longer require a Hawaii-issued money transmitter license to conduct business within the state. However, they must comply with federal regulations. Hawaii’s Regulatory Sandbox Concludes The Department of Commerce and Consumer Affairs of Hawaii and the Hawaii Technology Development Corporation (HTDC) issued an […] Source link
Crypto Analyst Says One Ethereum Rival Is Extremely Undervalued, Maps Path Forward for Bitcoin and Chainlink
A widely followed crypto analyst and trader believes that one Ethereum (ETH) rival is well below fair market value. Crypto trader Michaël van de Poppe tells his 722,500 followers on the social media platform X that layer-2 scaling solution Polkadot (DOT) could follow ETH’s upward trend. “DOT is likely going to follow Ethereum in its expansion upwards. This means that the current valuations of Polkadot are extremely low. I expect a lot from the Polkadot ecosystem with all the new segments.” Source: Michaël van de Poppe/X Looking at his chart, he suggests the possibility of a bullish divergence for DOT…
The blockchain space saw a big week of venture capital (VC) activity, with 23 startups securing over $154 million in funding. According to data from Crypto Fundraiser, the amount of money that flooded the crypto space exceeded last week’s total by almost $91 million. VC firms also funded 10 more projects this week than last week. Crypto fundraising, June 23 – 29, 2024 | Source: Crypto Fundraising Here’s a breakdown of the top deals: Conduit, $37 million Conduit led the pack. The crypto infrastructure dominated with a $37 million series A round. Paradigm and Haun Ventures co-led the effort. Robot Ventures,…
Key Takeaways The court found that the SEC’s reliance on the argument that BNB tokens represent investment contracts throughout their lifecycle is insufficient. The dismissal may provide a legal basis for other exchanges to contest similar regulatory challenges. Share this article The US Securities and Exchange Commission (SEC) lost its bid to classify sales of BNB, Binance’s native token, on secondary markets, and the Binance USD (BUSD) stablecoin as securities, according to a court filing signed by Judge Amy Berman Jackson on June 28.The court referenced Judge Analisa Torres’ 2023 ruling in the SEC vs. Ripple Labs case to dismiss…
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end of 2022, there was […] Source link
Short positions fueling the fire?
Open interest in Bitcoin ($BTC) is high. This has sparked a series of questions regarding the token’s ability to sustain optimistic resistance margins. One theory that has come forward states that the Open Interest, or OI, is high because short positions are greedy. The theory further states that shorts have around $8 billion, while long positions have just more than a billion dollars on their side. Many are now expecting the trend to mirror the pattern of April–May 2024. Bitcoin’s profit supply has dipped to 76%. Earlier reports put it at 100% in March of this year. This dip has…
GMX has been the initiator for introducing Chainlink data streams on Avalanche, utilizing data streams to boost its decentralized perpetual exchange. Chainlink data streams help pitch advanced high-output DeFi markets on Avalanche. The other players in this include Chainlink and Avalanche. Chainlink data streams is an all-inclusive data service targeting the DeFi space. It combines low-latency market data with automated implementation to offer advanced and highly accelerated output DeFi items. With high-level market-related data and a decentralized framework, data streams allow high-output DefFi items to bring about smooth user exposure. According to Chainlink Labs’ Chief Business Officer Johann Eid, it…