Solana-based platform Pump.fun faces criticism for livestreams allegedly broadcasting violent and harmful acts, with users calling for stricter moderation.
Singapore Gulf Bank plans to raise $50 million by selling 10% equity to buy a stablecoin payments company in 2025. The funds will be used to develop new products, improve payments, and grow the team.
A bot made over $6.5 million in profits by snipping memecoins on the Solana-based memecoin generator platform, Pump.fun. In the meantime, the platform is in the line of fir for its livestream feature.
SPQR has come up as one of the latest entries in the memecoin craze, gaining attention after a recent rally and subsequent cooling-off period.
The Solana memecoin launchpad has been criticized amid reports of users threatening violent acts unless their tokens reach certain prices.
12% of UK adults now own crypto, up from 10% in previous findings, according to research by UK's Financial Conducts Authority.
Suriname's new presidential candidate Parbhoe wants a deeper Bitcoin nation than Nayib Bukele's El Salvador.
Coin Center raised concerns over ongoing surveillance policies, AML enforcement, and criminal charges that could still stifle innovation despite a more favorable political environment.
In 2025, Singapore Gulf Bank plans to raise a minimum of $50 million in order to purchase a stablecoin payment startup. The post Singapore Gulf Bank Eyes $50 Million Acquisition of Stablecoin Payments Company appeared first on Cryptonews.
Investors are waiting to see how these events will affect the market as a whole. Notably, the week will begin on Tuesday, November 26 with the release of the US FOMC.
Check this guide to learn the process of tax-loss harvesting in the crypto space. View the mechanics, considerations and strategies used to navigate this landscape.
As digital currencies continue to capture the public's imagination.
Digital asset investment products saw a historic weekly inflow of $3.13 billion, pushing YTD inflows to $37 billion, driven primarily by Bitcoin.
ZA Bank claims to be Asia's first bank to offer crypto trading services. HashKey Exchange has teamed up to launch the trading service.
A Bloomberg report reveals, Singapore Gulf Bank, a crypto-focused financial institution launched earlier this year, is set to acquire a stablecoin payment company, according to a Bloomberg report on 25 November.
I realised how this figure helps investors gauge the potential and stability of various digital currencies.
Singapore Gulf Bank is reportedly aiming to raise at least $50 million to fund its acquisition of a stablecoin payments company by 2025.
I've seen how the ever-evolving world of cryptocurrency has captured the imagination of many, including myself.
Buying Bitcoin in Asia has never been so easy: a major bank opens its digital vaults for you.
Watching prices swing wildly can be daunting, yet it's this very unpredictability that offers unique opportunities for growth and learning.
As Bitcoin nears $100,000, crypto investment products recorded their largest-ever weekly inflows, pushing year-to-date totals to a record $37 billion. Crypto investment funds hit another weekly inflow milestone of $3.13 billion, as total inflows since September reached $15.
Pump.fun's livestream becomes controversial as users resort to shocking acts including child harm, self-harm, and violence.
TL;DR The FOMC minutes, set to be released on November 26, 2024, will provide insights into the Federal Reserve's discussions on monetary policy, potentially influencing market sentiment and crypto prices.
Singapore Gulf Bank is targeting a stablecoin payments firm acquisition to enhance its digital asset offerings.
I remember when I first dipped my toes into the realm of cryptocurrencies and NFTs; the sheer potential they held was mind-blowing.
MUSE skyrockets 45% in one day with 294% volume surge, outperforming the crypto market with bullish momentum.
This move is a big deal because it means people can now easily trade crypto directly through their bank accounts. They can use regular money (also known as fiat currency) right on the ZA Bank app.
This system works with the European Blockchain Services Infrastructure (EBSI).
Pump.fun, a decentralized platform enabling the creation and promotion of Solana-based memecoins, is facing criticism after users allegedly broadcasted harmful and violent acts through its livestream feature. The post Pump.fun Faces Backlash Over Alleged Harmful Content on Platform's Livestream appeared first on Cryptonews.
The allure of cryptocurrencies often lies in their potential for high returns, though these outcomes come with considerable risks.
Digital wallets have a big potential beyond cryptocurrencies—they can represent a much safer and more private alternative for storing your data.
BitMEX has confirmed the settlement of the P_GENSLERM26 contract at 100% following the resignation of SEC Chairman Gary Gensler, effective as of November 25, 2024.
Hong Kong's largest virtual bank becomes the first in Asia to allow Bitcoin and Ether trading directly via its app.
India is enhancing its cross-border mobile payment systems and exploring CBDCs, collaborating with nations like Sri Lanka and the UAE to establish seamless payment platforms while ensuring thorough assessments before the Digital Rupee's public rollout. The post India Explores CBDCs and Cross-Border Mobile Payments appeared first on Cryptonews.
Pump.fun a widely used live-streaming platform is a perfect example of why crypto regulations are required. Many users are predicting a 97% chance of getting shut down. The users strongly demand a shutdown because if the platform can't maintain basic safety features it will fail to run a serious business like crypto.
A lot is happening in the cryptocurrency market, and some altcoins seem to be on the verge of unrestrained growth. Among them, Rexas Finance (RXS), Avalanche (AVAX), NEAR Protocol (NEAR), Litecoin (LTC), and Aptos (APT) are commanding a lot of attention owing to their distinct outlooks and amazing return prospects.
CHILLGUY's market cap briefly crossed $500 million.
TL;DR An unexpected altcoin rally on November 24, 2024, led to the liquidation of over $500 million in long and short positions, highlighting the volatility and unpredictability of the crypto market. Bitcoin's price retraced to $97,790 after failing to surpass $100,000, triggering liquidations of $108.
Pump.Fun is a popular Solana memecoin launcher, which allows users to create any meme-themed cryptocurrency within minutes. With that, it has become one of the fastest-growing crypto projects.
Binance Futures expands its offerings with new 1000WHYUSDT and 1000CHEEMSUSDT perpetual contracts, providing up to 75x leverage. These contracts aim to enhance trading opportunities and user experience.
The Solana meme coin factory has come under scrutiny after reports of users threatening self-harm over token prices.
Singapore Gulf Bank is seeking a $50 million funding round next year and plans to buy a stablecoin payments company. Licensed in Bahrain since February, the bank was set up by the Singapore family office Whampoa Group.
Heightened crypto cash rotation has increased the overall volatility in the altcoin ecosystem led by Dogecoin (DOGE), XRP, and XLM among others.
Under the updated rules, VASPs must submit thirteen reports at specified intervals to ensure thorough oversight. Monthly submissions require two reports detailing transaction volumes, values, and total assets under custody.
FTX co-founder Gary Wang has avoided jail thanks to his cooperation with US authorities, who praised him as instrumental in their fight against crypto fraud.
Pudgy Penguins' safety project manager reported that a Pump.fun user was threatening viewers that they would commit suicide if their token didn't pump.
J. Christopher Giancarlo, former CFTC chair and crypto advocate, joins Paxos board as the company expands its digital asset offerings and regulatory oversight.