Binance celebrates seven years with 200 million users and new campaign

Binance celebrates its 7th anniversary by surpassing 200 million active users and launching the “Be Binance” campaign, aimed at rewarding its community with special promotions and events. The campaign includes in-person meetups across various countries, virtual events, social media contests, and giveaways, highlighting Binance's commitment to user engagement and future growth. With a daily trading volume exceeding $25.3 billion, Binance aims to onboard 1 billion users through education and awareness of cryptocurrency benefits.

ripple integrates chainlink to enhance rlusd stablecoin functionality in defy

Ripple has integrated Chainlink's data provider services to enhance its RLUSD stablecoin, facilitating its use in decentralized finance (DeFi) applications. Jack McDonald, Ripple's senior vice president of stablecoin, highlighted that this integration will provide essential infrastructure for accurate pricing data, positioning RLUSD for broader adoption. Despite initial caution from Ripple executives about potential price volatility, the stablecoin's launch is expected to improve XRP's ecosystem by reducing volatility and enhancing liquidity.
15:26 07.01.2025

blockdag emerges as top crypto opportunity with high roi potential for 2025

BlockDAG is emerging as a top crypto opportunity for 2025, having raised over $176 million and sold 17.6 billion coins. Its unique referral program offers up to 10% USDT cashback, enhancing its appeal for both immediate rewards and long-term growth ahead of the Mainnet launch. Chainlink shows bullish signs for a breakout, while Tron is projected to reach $0.73 by 2025 and $3.55 by 2030, driven by DeFi and dApp adoption. The growing demand for BlockDAG positions it as a leading choice for traders seeking high ROI.
15:24 07.01.2025

surge in cryptocurrency hacks exposes vulnerabilities across major platforms

In a troubling trend, the cryptocurrency sector has faced a series of significant hacks within just ten days, exposing vulnerabilities across major platforms. Notable incidents include a $235 million breach at WazirX, a $10 million exploit of Li.Fi, and a $7.6 million theft from Rho Markets, highlighting the urgent need for enhanced security measures in digital finance. As these attacks reveal critical weaknesses, the industry must prioritize robust protocols to safeguard user data and assets.

arthur hayes predicts crypto market peak in march followed by correction

Arthur Hayes, former BitMEX CEO, predicts that the crypto market will peak in mid to late March, followed by a significant correction. He believes that the anticipated "Trump dump" has already occurred and that increased dollar liquidity in early 2025 could create positive momentum for crypto. Hayes encourages risk-takers to invest in decentralized science projects while acknowledging his past prediction inaccuracies.

Ripple's RLUSD Surpasses PayPal and Euro Coin in Trading Volume

Ripple's RLUSD stablecoin has rapidly gained traction, surpassing PayPal USD and Euro Coin in daily trading volume, reaching $34.7 million shortly after its December 2024 launch. This growth highlights RLUSD's role in bridging traditional finance with decentralized solutions, leveraging the XRP Ledger for efficient transactions. As stablecoin transactions soar globally, RLUSD positions Ripple as a potential leader in the competitive market, with speculation about its ability to rival Tether's dominance.

CoinSwitch launches recovery fund for WazirX hack victims worth 70 million dollars

CoinSwitch has launched a $70 million recovery fund to assist victims of the WazirX hack, which occurred in July 2024. The initiative, named "CoinSwitch Cares," aims to support affected users by distributing funds over two years, contingent on proof of losses. CoinSwitch plans to target around four million WazirX users, funding the program from its cash reserves.

HashKey obtains VASP license from Central Bank of Ireland for European expansion

HashKey has secured a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland, allowing it to operate in the EU's regulated crypto market. This license enables the company to offer various services, including fiat-to-crypto trading and custodial wallet services, aligning with the EU's Markets in Crypto-Assets (MiCA) Regulation. HashKey aims to establish a strong presence in Europe, joining other major players like Ripple and Coinbase in the region.

brinker international sees significant investment growth and positive analyst forecasts

Principal Financial Group Inc. increased its stake in Brinker International by 23.5% in Q3, owning 272,822 shares valued at $20.9 million. Other firms, including Empowered Funds LLC and Intech Investment Management LLC, also acquired significant positions. Analysts have mixed ratings, with a consensus "Hold" and a target price averaging $101.13, while UBS raised its target to $146. The company reported a Q3 EPS of $0.95, exceeding expectations, with revenue of $1.14 billion, up 12.5% year-over-year.

southwest airlines insider trading and institutional investment updates

Insider ownership in Southwest Airlines decreased by 4.13% after a sale, leaving them with 89,376 shares valued at approximately $3.07 million. Institutional investors hold 80.82% of the stock, with recent modifications including significant increases from Franklin Resources and Inspire Trust. Analysts have mixed ratings on the stock, with a consensus price target of $32.08, while UBS Group raised its price objective to $29.00, indicating a potential downside.
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