90% of crypto firms expect to comply with the Travel Rule by mid-2025! A new report shows VASPs are ramping up AML compliance. More firms now require beneficiary info for withdrawals. But, interoperability between jurisdictions remains a challenge. #crypto #AML #regulation
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AI-powered crypto platform BitradeX raised £12M led by Bain Capital. Founded in 2022, BitradeX will use funds for a global AI strategy lab & compliance. Their ARK trading model uses deep neural networks. Licensed in the UK & US, BitradeX has an AI protection pool with 100 BTC.
#crypto #blockchain #news #BTC #Bitcoin
El Salvador proposes a cross-border regulatory sandbox collaboration with the SEC to foster digital asset innovation! 🤝🇸🇻 The proposal aims to help the SEC refine its regulations using real-world data. Submitted with Perkin Law Firm & Heather Shemilt. #crypto #regulation #ElSalvador #SEC
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Binance Alpha has listed Zora (ZORA), according to an official announcement.
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Scroll's "Euclid" upgrade is coming! 🚀 Expect 90% lower fees & faster transactions on this Ethereum Layer 2. Key improvements: a new L2 prover, MPT state commitment (like Ethereum!), optimized Rollup processing, EIP-7702 support, & RIP-7212 compatibility. #Ethereum #Layer2 #Scroll #Euclid
#crypto #blockchain #news
Symbiotic raised $29M in Series A led by Pantera & Coinbase Ventures! 💰 Launching a "universal staking framework" for blockchain security, letting any crypto asset validate networks. Hyperlane & 13 others are already using it, with 20 more integrations coming! #crypto #staking #blockchain
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PUMP token of PumpBTC plunges 41% in 24 hours to $0.1131. Despite being selected for BNB Chain's $100M incentive program on April 9th, the restaking protocol's token is facing a steep decline.
#crypto #blockchain #news #BTC #Bitcoin
Around 15 cryptocurrency and fintech companies are reportedly applying for bank charters with the U.S. Office of the Comptroller of the Currency (OCC), according to Crypto America. Some are seeking easier access to Federal Reserve master accounts.
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New Bitcoin buyers surged in April, per Glassnode! On-chain data shows strong activity & high Relative Strength Index (RSI). Is FOMO fueling the rally as new capital enters the market? #Bitcoin #Crypto
#blockchain #news #BTC
Galaxy Digital partners with CoreWeave to expand AI infrastructure at the Helios data center! CEO Mike Novogratz announced the collaboration on X, boosting AI and high-performance computing capabilities. #AI #GalaxyDigital #CoreWeave
#crypto #blockchain #news
The Office of the Comptroller of the Currency (OCC) has issued a statement clarifying its stance on cryptocurrency activities for banks, stating that "certain crypto-related activities are legally permissible," according to Cointelegraph.
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Synthetix is overhauling incentives to restore the sUSD peg & prepare for Perps V4 on L1 & snaxChain! 💰 SNX inflation rewards for sUSD staking, penalties for non-compliance. Optimizing staking & a new 420 Pool to expand sUSD supply with assets like USDC, minimizing liquidation risk. #Synthetix #DeFi
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Coinbase expands to Charlotte, NC, hiring 130+! 🚀 Citing Charlotte's fintech hub, population growth, and talent, Coinbase focuses on compliance & customer support roles. This is part of their plan to add 1,000 US jobs this year! #Coinbase #Charlotte #Fintech #Crypto
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Whale alert! 🐳 After a $3.6M loss selling ETH, a FOMO trader is back in. They bought 1,734 ETH for $3.11M at $1,792 each. 6 months ago, they bought 1,805 ETH for $6.42M at $3,559. Will they HODL this time? 🤔 #ETH #crypto #whale
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CryptoQuant CEO: Bitcoin's rebound doesn't change his view of a wide trading range. He'll ditch cycle theories if BTC hits a new high before Q4. Short-term price action is event-driven, but on-chain data guides his long-term analysis. $BTC
#crypto #blockchain #news #BTC #Bitcoin
PayPal rewards are coming this summer! US users can earn 3.7% APY on PYUSD stablecoin in PayPal & Venmo. Interest accrues daily, paid monthly in PYUSD. Use it for purchases, transfers & more. PayPal aims to boost PYUSD adoption & build the future of payments.
#crypto #blockchain #news
Polygon & Pyse are tokenizing Dubai's electric motorcycles on the blockchain! ⚡️ RWA ownership & data collection (air quality, road wear) via DePIN miners. Rewards via tokens! 🏍️💨 Expanding to India's EV market? 🇮🇳 #blockchain #RWA #DePIN #EV
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Glassnode identifies $97K as a key Bitcoin resistance level. Analysis shows 392K BTC held around that price, creating potential sell pressure. Overcoming this hurdle is crucial for BTC to break $100K. #Bitcoin #Crypto
#blockchain #news #BTC
Satoshi Nakamoto's Bitcoin stash is worth over $100B again! Arkham Intelligence reports Nakamoto holds ~1.096M Bitcoin. With Bitcoin at $94K+, that's ~$103.41B. #Bitcoin #SatoshiNakamoto
#crypto #blockchain #news #BTC
Bitget upgrades its "Liquidity Incentive Program" May 1st with negative maker fees! Spot rebates up to -0.012%, contracts -0.005%. Taker fees as low as 0.020%. BTCUSDT & ETHUSDT included. Aims to boost liquidity & attract institutions. #Bitget #crypto
#blockchain #news #BTC #Bitcoin