Author: CryptoHoppers
A troy ounce is a unit of measurement that’s predominantly used for precious metals such as gold, silver and platinum. The troy ounce is different from the avoirdupois ounce, which is used to measure the weight of food and other items in the United States. Key highlights: The troy ounce is equivalent to 31.103 grams. The avoirdupois ounce (more commonly referred to simply as the “ounce”) is equivalent to 28.349 grams. The troy ounce can be abbreviated to “t oz”, “oz t”, or “ozt”. The troy ounce is a part of the troy weighting system, which is most likely named…
Crypto Exchange Jupiter has identified a malicious chrome extension, “Bull Checker” after the trading platform received complaints from users using Solana DeFi that got drained over the last weeks. The notorious chrome extension was found to have attacked users on many Solana-focused subreddits, and had the permission to read and change all the data on the website, as a potential cause. Jupiter informed users saying, “Users with this extension would interact with the dApps as per normal, have the simulation show up as normal, but have the possibility of their tokens being maliciously transferred to another wallet upon transaction completion.”…
Orderly Network is a DeFi platform that combines an orderbook-based trading infrastructure with a robust liquidity layer. Unlike traditional exchanges, Orderly operates as a backend infrastructure, enabling developers and businesses to build powerful trading applications without starting from scratch. Its key innovation lies in merging the high performance of centralized exchanges with the principles of decentralization, offering on-chain settlements and self-custody of assets. Orderly’s DEX white-label solution allows builders to create trading platforms efficiently, accessing pre-established liquidity and professional-grade infrastructure. The platform’s vision extends to creating an omnichain protocol, aiming to seamlessly connect traders across different blockchain networks within a…
Global financial services provider State Street has announced a strategic partnership with digital asset infrastructure provider Taurus to enhance its digital asset services. This collaboration aims to offer a comprehensive digital platform, including tokenization and digital custody, expanding State Street’s existing capabilities in fund administration. State Street Partners With Taurus to Expand Digital Asset Services […] Source link
Dogizen, a new tap-to-earn (T2E) game coming to Telegram this August, arrives as the T2E sector gears up to be the runaway success of the 2024 bull market. The new entrant puts a fresh spin on the tried and tested ‘tapper’ formula, sure to draw in dog fans and travel lovers in droves, and on Thursday it will open up an early version of its game for public access. The launch announcement comes amid a huge week for the sector: Catizen (the inspiration for Dogizen) has confirmed a projected $500 million airdrop this month, Hamster Kombat has shunned VC funding…
The stage looks set for Bitcoin to surpass its previous all-time high, fueled by a surge in global liquidity, several macroeconomic analysts argue. In recent weeks, the global macro financial outlook has been showing signs of a shift. Over the weekend, Goldman Sachs economists announced that they had lowered their estimations of the probability of a U.S. recession in 2025 from 25% to 20%. This change came after the latest U.S. retail sales and jobless claims data were released, which suggested that the U.S. economy might be in better shape than many had feared. The Goldman Sachs analysts added that…
Key Takeaways Kamala Harris may nominate SEC Chairman Gary Gensler as Treasury Secretary if elected. Gensler’s nomination could face strong opposition from Republicans and support from pro-crypto Democrats. Share this article Unconfirmed reports recently surfaced to suggest that Vice President Kamala Harris may nominate SEC Chairman Gary Gensler as Treasury Secretary if she wins the November election. The sources mentioned are senior Senate staffers and Republican sources.According to an initial report from Washington Reporter, multiple senior Senate staffers have stated that Harris is considering Gensler for the Treasury role in a potential administration. This aligns with previous warnings from top…
The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a resident director and an office with competent staff. The law aims to balance innovation with anti-money laundering efforts, adhering to Financial Action Task […] Source link
The altcoin season index continued to indicate BTC’s dominance. ETH’s market indicators looked bearish, but SOL’s indicators turned bullish. Bitcoin [BTC] has been the center of attraction for quite some time, with the king coin touching its all-time high and plummeting to near $55k soon thereafter. In fact, Bitcoin’s dominance has also moved up over the past few months. However, if the latest data is to be considered, then altcoins like Ethereum [ETH] and Solana [SOL] might soon get their chance to shine. Altcoins to begin bull rallies soon? World Of Charts, a popular crypto analyst, recently posted a tweet…
Key Takeaways Privacy concerns are the main barrier to digital euro adoption in Germany. ECB plans to introduce the digital euro with enhanced security features and offline capabilities. Share this article In Germany, skepticism toward the digital euro is mounting as the European Central Bank (ECB) approaches a decision on its implementation, slated for late 2025. A new report from Bloomberg reveals that Germans, especially older generations, are still worried about the security and privacy of the digital euro.Apart from concerns about data being tracked, and potentially misused, Germany’s long-held preference for cash also contributes to its deep-seated resistance to…