Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways:
Stitch raised up $25 million in its Series A round led by Andreessen Horowitz (a16z), the first venture to invest in Stitch in Saudi Arabia
According to reports, Stitch has processed more than $5 billion worth of transactions on its p...
Cryptocoins News / CryptoNinjas - 5 months ago
Brazilian authorities have moved aggressively against Gurhan Kiziloz, securing one of the largest single-target stablecoin freezes on record after Tether locked $213 million across 48 USDT accounts tied to the iGaming founder.
The freeze, executed in...
Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways:
KRWQ, the stablecoin backed by Korean currency by IQ and Frax, is launching on Solana to extend on-chain KRW liquidity.
The project will aim to facilitate cross margin and FX trading, arbitrage, and perpetual futures between KRW and U...
Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways:
In an application to Ethereum, the just mentioned JPMorgan is attempting to establish a tokenized money market fund with the ticker JLTXX.
The fund is for the issuers of stablecoins who want to use the assets in their reserves to comp...
Cryptocoins News / CryptoNinjas - 5 months ago
Key Takeaways:
Ripple CTO Emeritus David Schwartz elaborated on his reasons for XRP not being employed in the XRPL consensus mechanism.
Schwartz noted that while XRP Ledger was created in 2011, there was no concept of PoS at that time.
He also warne...
Cryptocoins News / CryptoNinjas - 6 months ago
Key Takeaways:
Michael Saylor wrote, “Back to work. $BTC”, suggesting Strategy will once again start buying Bitcoins.
Currently the largest corporate Bitcoin holder in the world is Strategy with 818,000 BTC.
The news follows days after controversy i...
Cryptocoins News / CryptoNinjas - 6 months ago
Key Takeaways:
On May 12, Ronin will cross over to Ethereum Layer 2, which will cause the network to be offline for about a 10-hour period.
During the upgrade, all on-chain activities will pause such as swaps, transfers, NFT trading, and even intera...
Cryptocoins News / CryptoNinjas - 6 months ago
Robinhood is a U.S.-based investing app and brokerage platform that lets you trade stocks, ETFs, options, crypto, futures, and prediction markets from one simple account.
The top features of Robinhood are stock and ETF trades, $0 options contract fee...
Cryptocoins News / CryptoNinjas - 6 months ago
Key Takeaways:
Binance launched USD.AI ($CHIP) as the 63rd project on its HODLer Airdrops program.
Retroactive rewards will allow eligible BNB holders to receive 25 million CHIP tokens.
USD.AI is pushing deeper into AI infrastructure financing with...