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crypto industry updates bvnk expansion coinbase lawsuit tether trading and ftx repayments
BVNK has raised $50 million in a Series B funding round to expand its stablecoin operations into the US, targeting San Francisco and New York City. Meanwhile, Coinbase faces a $1 billion lawsuit from BiT Global over its delisting of Wrapped Bitcoin, which BiT alleges is an anticompetitive move. Additionally, Deutsche Bank is developing a layer-2 blockchain on Ethereum to enhance compliance in regulated finance, while Tether's USDT continues to be traded across European exchanges despite Coinbase's delisting.
Cointelegraph
United States Dollar Crypto.com Staked ETH USD Kraken Energy Corp. Coinbase Global, Inc. Deutsche Bank RV Global PP HKG Araceli Martínez-Olguín Justin Sun Paul Grewal Show more
Finance & Economy, News Article
22:00 20.12.2024
ripple and rexas finance navigate challenges in the evolving cryptocurrency landscape
XRP is positioned as a potential leader in the cryptocurrency market, leveraging its efficiency and low transaction costs for international use, but faces significant competition from Bitcoin and Ethereum. Meanwhile, Rexas Finance (RXS) is emerging as a notable contender, raising $29 million in presale and focusing on asset tokenization with innovative features like a Token Builder and AI-driven NFT assistance. With a Certik audit enhancing its credibility, Rexas aims to engage the community through a $1 million giveaway while preparing for its exchange listing in 2025.
bitcoinist.com
Ripples USD Nick Jonas Joe Biden
Finance & Economy, Market Report
21:48 20.12.2024
Trump's crypto project acquires 722 ETH amid market downturn
World Liberty Financial (WLFI), a new venture by Donald Trump, has made waves in the cryptocurrency sector by acquiring 722 ETH for approximately $2.5 million, boosting its total Ethereum holdings to about 15,598 tokens valued at $53 million. The project aims to democratize crypto loans, challenging traditional financial institutions, while also diversifying into other cryptocurrencies like Aave and Chainlink. With significant backing from TRON founder Justin Sun, WLFI is under scrutiny as it navigates a competitive DeFi landscape amid concerns over potential conflicts of interest.
NewsBTC
Aave USD TRON USD Chainlink USD USA Donald Trump Justin Sun Show more
Finance & Economy, Market Report
19:30 20.12.2024
Rollblock presale attracts investors with potential for high returns and innovation
Rollblock is gaining traction among Solana and Dogecoin holders, raising over $7.3 million in its presale, driven by excitement over its blockchain casino platform that promises transparency and high returns. Early backers have seen returns exceeding 300%, with projections suggesting potential gains of up to 880% before the token's launch. The platform offers a revenue-sharing model and staking rewards, enhancing its appeal in the decentralized finance space.
crypto.news
Bitwise Bitcoin ETF
Finance & Economy, Market Report
18:20 20.12.2024
altcoin surge dogecoin mining profits triple while lunex challenges ethereum dominance
Amid a pullback in the crypto market, Dogecoin mining has surged, yielding three times the profits of Bitcoin, while Lunex Network emerges as a formidable competitor to Ethereum with its innovative DeFi solutions and crypto staking appeal. Ethereum faces a 10% dip as investors secure $2.5B in profits, raising questions about the future of the altcoin season.
Crypto News Flash
BIT Mining Ltd Elon Musk
Finance & Economy, Market Report
17:02 20.12.2024
Wall Street Pepe Raises 32 Million in Presale for Trading Insights Ecosystem
Wall Street Pepe (WEPE) has successfully raised $32 million in its presale, which began on December 3, 2024. The project aims to merge meme coin culture with trading tools, offering retail traders market insights, trading signals, and staking rewards through its community-driven ecosystem.Token holders can join the "WEPE Army" for exclusive access to trading resources and competitions. The presale, with tokens priced at $0.000365, has no set end date, but an exchange listing is anticipated post-presale. The project has been audited by Coinsult, confirming the integrity of its smart contracts.
Crypto News Flash
CHE
Finance & Economy, Press Release
15:38 20.12.2024
remittix poised to rival solana's growth in the booming crypto market
Solana has surged over 10,000% since 2020, becoming a top cryptocurrency. Analysts are now highlighting Remittix (RTX), a DeFi altcoin poised to capitalize on the $250 trillion cross-border payment market, with predictions of up to 100x growth by the end of the bull market. Remittix offers instant crypto-to-fiat transactions, aiming to disrupt traditional payment systems.
crypto.news
Wise plc Coinbase Global, Inc.
Finance & Economy, Market Report
10:47 20.12.2024
Ethereum approaches five thousand as investors flock to Lunex Network
Ethereum (ETH) is approaching a $5,000 milestone, with analysts predicting a new all-time high by year-end, supported by strong bullish momentum and technical indicators. Meanwhile, Lunex Network (LNEX) is gaining traction as a DeFi alternative, offering low fees and innovative cross-chain technology, attracting investors with a 283% ROI and promising exponential growth ahead.
CoinGape
Finance & Economy, Market Report
09:21 20.12.2024
solv protocol secures listing on hyperliquid exchange in strategic partnership
Solv Protocol has secured a listing on Hyperliquid’s decentralized exchange through a $130,000 Dutch auction, expanding its Bitcoin DeFi reach. With over $3 billion in total value locked and more than 25,000 BTC in reserves, Solv specializes in Bitcoin staking and yield opportunities. This partnership marks a significant shift for Hyperliquid, enhancing its market appeal as it aims to compete with centralized exchanges.
CoinMarketCap Academy
Spirit Blockchain Capital Inc. Ryan Chowdhury
Finance & Economy, Market Report
05:13 20.12.2024
Allo secures 100 million dollar bitcoin-backed credit facility to boost tokenization
Dubai-based Allo has secured a $100 million Bitcoin-backed credit facility from a consortium of lenders, including Greengage and a U.S. financial institution. Specializing in real-world asset tokenization, Allo has facilitated $2.2 billion in tokenized assets and raised $2.75 million in funding to date. The market for tokenized assets has surged in 2024, with total value increasing from $8.3 billion to nearly $13.9 billion, driven by institutional interest and advancements in blockchain solutions.
Coinchapter
United States Dollar Allot Ltd. Morningstar, Inc. BlackRock, Inc. TCW Securitized Bond Plan ARE Show more
Finance & Economy, Market Report
22:54 19.12.2024
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