Deutsche Börse announces a collaboration with Nodal Exchange, a leading North American commodity derivatives exchange which is part of the EEX Group.
Hitachi Payment Services, Indiaâs leading payments and commerce solutions provider, today announced the launch of the countryâs first Upgradable ATM.
The post Shiba Inu Reveals Ambitious Plans for Shibarium Ecosystem: Whatâs Coming Next? appeared first on Coinpedia Fintech News Shiba Inu, the popular cryptocurrency known for its vibrant community and ambitious projects, has recently unveiled its roadmap for the Shibarium ecosystem. In a series of announcements, Shiba Inuâs team outlined several upcoming developments set to launch in the 2024/2025 cycle. These developments promise to bring significant improvement to the Shiba Inu ecosystem, spanning decentralized finance (DeFi), gaming, community engagement, and technical infrastructure. What's coming in 2024/2025 for #Shibarium?â #Shibaswap (version 1.75 followed by 2.0)â #Shibahubâ @treatsforShibâ #ShibaEternity P2Eâ @mvshibâ @K9finance Liquid Stakingâ Layer 3 TestnetAdditionally, fully functional DAOs will be available for all tokens within the Shiba⊠pic.twitter.com/iICIaoi11Zâ đđđđđ | SHIB.IO (@LucieSHIB) April 24, 2024 Upcoming ShibaSwap Upgrades At the forefront of the roadmap are the upgraded versions of ShibaSwap, the official decentralized exchange (DEX) of the Shiba Inu ecosystem. Shytoshi Kusama, the lead developer at Shiba Inu, revealed that ShibaSwap 1.75 is scheduled to launch before the eagerly awaited ShibaSwap 2.0. Meanwhile, these forthcoming upgrades are poised to bring a range of new and enhanced features to the decentralized exchange (DEX), promising an improved user experience for ShibaSwap users. Release of the Shiba Hub App Adding to the excitement is the upcoming release of the Shiba Hub app, described as a groundbreaking innovation by developers. This app will serve as a multifunctional platform, integrating Shibarium to provide users with valuable resources, insights, and interactive community forums. $TREAT holds importance for $SHIBWhy? : 1.Shiba Ecosystem Reward Token: $TREAT serves as the ecosystem reward token. Once launched, whenever you stake or dig in pools with your $SHIB, youâll earn free $TREAT tokens. 2.Utility and Governance: The utility of $TREAT is⊠pic.twitter.com/VLdX7jU9r9â đđđđđ | SHIB.IO (@LucieSHIB) April 23, 2024 Further, Shiba Inu is set to introduce TREAT, a new token with pivotal roles within the ecosystem. Meanwhile, designed as a reward token for staking SHIB in liquidity pools, TREAT will also serve as a governance and gas fee token for Shibariumâs forthcoming Layer-3 blockchain solution Shiba Eternity Play-to-Earn (P2E) Game Gaming enthusiasts can anticipate the launch of the play-to-earn (P2E) version of Shiba Eternity, the projectâs collectible card game (CCG). Perhaps the Beta testing for the P2E version is scheduled to commence in Q2 2024, offering players exciting opportunities to earn rewards while immersing themselves in the game. In addition to the upcoming developments, Shiba Inu has several other projects in the pipeline for Shibarium. These include SHIB: The Metaverse, K9 Financeâs liquid staking derivative platform, and the upcoming Layer-3 (L3) blockchain. These projects aim to further enrich the functionality and utility of the Shiba Inu ecosystem. With a diverse array of innovative projects and upgrades on the horizon, Shiba Inu is poised for continued growth and success in the cryptocurrency landscape
The post US SEC to Reject Ethereum ETFs in May: Experts Insight on SEC Approval and Denial Game appeared first on Coinpedia Fintech News In a historic move, while on one side, Hong Kong has approved spot Bitcoin and Ether ETFs in the US it may be rejected due to regulatory issues. Recent discussions between U.S. issuers and the SEC regarding the potential launch of exchange-traded funds (ETFs) linked to the price of ether have left issuers anticipating rejection, according to four sources familiar with the matter. Reuters reports, that seven other issuers, including VanEck and ARK Investment Management, want to sell ETFs that track the spot price of ether, which is the second-largest cryptocurrency in the world after bitcoin. However, the meetings with the SEC have mostly been one-sided and havenât gone into detail about the planned products. This is very different from the careful considerations that went into the SECâs historic approval of spot bitcoin ETFs in January. A Possible Delay or Rejection? Even though issuers made arguments based on previously approved bitcoin ETFs and ether futures-based ETFs, the securities regulators have not stated any specific doubts or engaged in conversations, which has led some to expect a possible denial. Issuers are worried about this change in the SECâs approach, a sign of an unfavorable time for Ether ETFs. The crypto industry was hopeful that more people would accept it after spot bitcoin ETFs were approved, so this loss would be disappointing. Many analysts have predicted that there might be possible delays in ether ETFs. Some issuers have said they plan to file more paperwork with the SEC to keep the conversation going, but the market performance of Ether has already been affected by the belief that it will be turned down. Even though its value has gone up 39% this year, ether is still below bitcoin, which has gone up over 51% and hit new all-time highs last month. This difference shows how uncertain things are still about Etherâs regulatory standing and its chances of becoming widely used. According to VettaFi ETF data analyst Todd Rosenbluth, the approval for a spot Ether ETF is likely to face delays, possibly until later in 2024 or beyond, due to the uncertain regulatory landscape. Bloomberg ETF analyst Eric Balchunas previously estimated a 35% chance of SEC approval for such an ETF in May, highlighting indications that the SEC might be intentionally avoiding communication with potential fund issuers. In contrast to Bitcoin ETFs, the SEC has done a few meetings for Ether products. They mainly focus on data observation, suggesting approval may be postponed pending further market developments. If the SEC ultimately rejects ether ETFs, some applicants anticipate potential legal challenges before such products are eventually approved. However, the regulatory landscape remains uncertain, leaving issuers and investors awaiting further clarity from the SEC.
Moderating her second panel of the day - Fraud prevention and AML: the need for behavioural biometrics in this instant age - Finextraâs senior reporter Niamh Curran spoke to Megan Heald, senior project manager at NICE Actimize, John Sam-Kubam, senior vice president at Crown Agents Bank, Beju Shah, head of Nordic centre at the Bank of International Settlements, and Robert Woods, director internatio...
The post The Fast Lane To Crypto Riches: Billion Dollar Jackpot, Axie Infinity, And Star Atlas, The Future Of Play-To-Earn appeared first on Coinpedia Fintech News In the vast landscape of cryptocurrency, three distinct projects stand out for their groundbreaking approaches and potential for substantial gains: Billion Dollar Jackpot, Axie Infinity, and Star Atlas. Each project offers unique opportunities for investors and enthusiasts alike, but today, weâll delve deeper into the world of Billion Dollar Jackpot and uncover how itâs revolutionizing the GameFi space. The Phenomenon of Billion Dollar Jackpot Billion Dollar Jackpot (BDJ) isnât just another cryptocurrency project; itâs a gateway to the exhilarating world of Formula One through GameFi. Imagine combining the thrill of high-speed racing with the excitement of earning significant rewardsâall made possible by BDJâs groundbreaking platform. In the heart of BDJ lies a first-of-its-kind prediction game centred around Formula One, where users can showcase their racing prowess by forecasting race outcomes and competing with fans worldwide. The allure of weekly prizes and an end-of-season jackpot adds an extra layer of excitement, enticing users to participate actively. By accurately predicting the top 10 finishing positions throughout the season, users can accumulate points and stand a chance to win substantial rewards in $BDJ tokens. Furthermore, with the presale in full swing, early investors have the opportunity to stake their tokens and maximize their earning potential. With BDJ, the possibilities are limitless, offering both entertainment and financial rewards to avid Formula One enthusiasts and crypto investors alike. Axie Infinity: A Paradigm Shift in Gaming Axie Infinity has taken the gaming world by storm, introducing a play-to-earn model that empowers players to monetize their gaming skills. Built on the Ethereum blockchain, Axie Infinity allows users to collect, breed, and battle fantasy creatures called Axies. These digital pets possess real-world value, as players can earn tokens by engaging in various in-game activities, including battles and marketplace transactions. With its vibrant community and immersive gameplay experience, Axie Infinity represents the future of decentralized gaming, where players have true ownership of their in-game assets and the opportunity to earn a sustainable income through gameplay. Star Atlas: Navigating the Metaverse Enter the Metaverse with Star Atlas, a blockchain-based gaming and social platform that combines space exploration, strategy, and economics. Set in a futuristic universe where players can stake their claim among the stars, Star Atlas offers a rich gaming experience intertwined with financial opportunities. Players can engage in intergalactic battles, trade scarce resources, and participate in a player-driven economy â all within a decentralized virtual world. With its ambitious vision and immersive gameplay mechanics, Star Atlas aims to redefine the concept of gaming, inviting players to explore new frontiers and shape the destiny of the Metaverse. Crypto Riches with Billion Dollar Jackpot? With its creative approach to GameFi and the allure of Formula One, BDJ offers a unique blend of entertainment and financial rewards. Moreover, with the presale underway, early investors have the chance to secure their stake in this groundbreaking project and potentially multiply their investment manifold. While Axie Infinity and Star Atlas present intriguing prospects in their own right, Billion Dollar Jackpot shines as a beacon of opportunity for those seeking to capitalize on the convergence of gaming and cryptocurrency. So, why wait? Join the BDJ revolution today and accelerate towards a future filled with excitement and prosperity. Find Out More Here: Website: https://racetoabillion.com/en Twitter: https://twitter.com/B_DollarJackpot Telegram: https://t.me/billion_dollar_jackpot
Visa has launched open banking in the US, using technology from recently acquired Swedish vendor Tink.
The post Whale Hoarding Bitcoin and Tether Makes Big Investment in Algotech appeared first on Coinpedia Fintech News In a striking financial move, a high-profile cryptocurrency investor famous for hoarding Bitcoin and Tether has now placed a major bet on Algotech. This investment underscores the groundbreaking potential of Algotechâs AI-driven algorithmic trading platform. With its commitment to democratizing trading through advanced technology, Algotech stands poised to reshape the landscape of financial markets, bolstered by this new surge of support from a prominent figure in the crypto community. Bitcoin market trends post Halving The recent Bitcoin halving event, which reduced miner rewards from 6.25 BTC to 3.125 BTC per block, has seen a subdued market response, with Bitcoinâs price consolidating between $65,000 and $67,000. This muted reaction might suggest that the broader uptrend remains intact. Factors like the halving-induced limited supply and significant inflows into Bitcoin ETFs, especially the BlackRock iShares Bitcoin Trust, are poised to increase demand. Historically, prices tend to consolidate after a halving before resuming an upward trajectory, as evidenced by the surge to new highs ahead of the event this year, buoyed by impressive ETF inflows. Additionally, the rise in long-term holders and a decline in the percentage of tokens held on exchanges suggest a reduction in selling pressure for both Bitcoin and Ethereum. However, a potential delay in expected interest rate cuts by a hawkish Federal Reserve could curb the enthusiasm, maintaining pressure on Bitcoin and other risk assets. To continue the bullish trend, Bitcoin bulls must defend the $60,000 support level. A decisive breakout above the current consolidation pattern could signal a continuation of the upward movement, potentially setting the stage for new historical highs. Tether freezes wallets amid Venezuela oil sanction evasion using USDT Stablecoin issuer Tether has announced the freezing of wallets involved in utilizing USDT to circumvent sanctions on Venezuelan oil exports. This move follows a Reuters report highlighting the increased adoption of tether by Venezuelaâs state-run oil company, PDVSA, after the U.S. reinstated sanctions on the nationâs oil exports. In December, Tether froze 41 wallets linked to the U.S. Treasury Departmentâs Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list. A spokesperson for Tether emphasized the companyâs commitment to complying with the OFAC SDN list and ensuring that addresses involved in sanctions are adequately frozen. The reliance on USDT by PDVSA began last year and has intensified following the U.S. decision to reimpose sanctions ahead of Venezuelaâs contentious election. Initially, Venezuela turned to cryptocurrencies in 2018 with the introduction of the âpetroâ token, aimed at combating economic instability caused by U.S. sanctions. However, this token was discontinued earlier this year due to insufficient adoption. Cryptocurrencies offer PDVSA and its business partners an alternative to cash transactions, which are susceptible to seizure by U.S. authorities in foreign bank accounts. It is reported that PDVSA employs intermediaries in its tether transactions to obscure the transfer details. OFAC has been actively monitoring cryptocurrency usage, increasing its enforcement within the sector over the past year. Notable actions include a $1.2 million fine against crypto exchange CoinList for facilitating Russian users in sanction evasion and imposing sanctions on a cryptocurrency mixer allegedly used by North Korean hackers. In October of the previous year, Tether froze 32 cryptocurrency addresses linked to terrorism and warfare activities in Israel and Ukraine. However, the firm previously resisted freezing wallets associated with the sanctioned coin mixing service Tornado Cash. Additionally, notable Tether whales are increasingly placing their trust in Algotech, making significant investments in the emerging technology. Algotech attracts major investment from Bitcoin and Tether whales post BTC Halving Following the Bitcoin halving event, significant investors from the Bitcoin and Tether communities are making substantial investments in Algotech, a company revolutionizing algorithmic trading by incorporating artificial intelligence (AI), machine learning (ML), and blockchain technology. Algotechâs native token, ALGT, not only facilitates platform operations but also provides rewards to its users, contributing to a dynamic ecosystem. This innovative approach democratizes advanced trading strategies for all levels of traders, from experts to novices. The potential of Algotech has generated considerable excitement, as evidenced by the rapid success of its public presale, which raised over $3.9 million and sold more than 15,000 ALGT tokens. Currently in its third stage, each ALGT token is priced at $0.08, with projections to increase to $0.10 in the upcoming phase. This pricing strategy offers early investors the opportunity for significant returns, potentially up to tenfold. Looking forward, Algotech is planning to expand its platform by integrating more advanced AI technologies and introducing a decentralized marketplace for trading algorithms. These upcoming enhancements are boosting the platformâs functionality and generating significant interest among financial analysts. With these promising developments, Algotech is gaining favor among industry experts, who anticipate that ALGT could yield returns up to 1000% for its investors, making it a highly attractive investment opportunity in the evolving crypto trading landscape. For further details about Algotech: Visit Algotech Presale Join The Algotech Community