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Author: James Wilson
The airline is teaming up with the crypto exchange to introduce crypto payments in travel, aiming to meet growing customer demand for digital asset options. According to a July 9 announcement, Emirates has signed a Memorandum of Understanding (MoU) with Crypto.com to integrate digital payments into its services. The rollout will begin with Crypto.com Pay, allowing customers to use cryptocurrency as a payment option for flights and other transactions. The agreement was formalized in Dubai, witnessed by Sheikh Ahmed bin Saeed Al Maktoum, Chairman and CEO of Emirates Airline & Group. It was signed by Adnan Kazim, Emirates’ Deputy President…
The race to put Wall Street on-chain just hit a new gear. Kraken, Backed, and BNB Chain are teaming up to bring tokenized stocks to one of crypto’s most active ecosystems, pushing xStocks into the mainstream. On July 9, crypto exchange Kraken announced a strategic partnership with tokenization firm Backed and BNB Chain, expanding its xStocks offering to one of the largest blockchain networks by daily users. The integration will enable Kraken clients outside the U.S. to deposit and withdraw tokenized U.S. equities, such as Apple’s AAPLx and Tesla’s TSLAx, as BEP-20 tokens in the coming weeks. This follows xStocks’…
The Tokyo-based firm is doubling down on its Bitcoin strategy, now setting its sights on growing its reserve to the thousands. According to a July 9 disclosure, Remixpoint has secured 31.5 billion yen, worth approximately $215 million, through its latest round of financing. Every yen of the funds will go toward buying more Bitcoin (BTC) purchases, boosting the accumulation streak it commenced back in 2024. The company also revealed its short-term mission, which is to grow its holdings to 3,000 BTC. Per its statement, the actual number of coins acquired will depend on Bitcoin’s market price and Remixpoint’s stock performance, as…
Shiba Inu’s price has been flat this month, and its chart is sending mixed signals on what to expect. Shiba Inu (SHIB), the biggest Ethereum (ETH) meme coin, was trading at $0.00001200 on June 9, a few points above the year-to-date low of $0.000010. The token is facing several headwinds that could lead to further downside in the near term. First, demand has dried up, as evidenced by its daily trading volume, which stood at $140 million on Wednesday. This figure is significantly lower than volumes for other meme coins, including Pepe (PEPE), Official Trump, Bonk (BONK), and Fartcoin. The…
Pic credit: PARSIQPic credit: PARSIQ The value of cryptocurrencies and security tokens can be heavily dependent on several market factors, including supply and demand of cryptocurrencies, the volume of trade and transactions, as well as extrinsic shocks such as positive or negative news. For any trader or investors who have holdings, interest, or trades in such crypto, it will, therefore, be important to be mindful of any factors that can significantly impact the price of the digital asset, in order to have the right insights and make correct decisions on their transactions. One event that smart traders and investors watch out for are crypto selloffs — this is…
What is Blockchain? Blockchain is an immutable growing ledger that keeps track of all the transactions taking place in a decentralized, distributed and secure manner. Blockchain was the underlying technology behind Bitcoin. Since then, it has been exploited and used in other cryptocurrencies like Ethereum, Bitcoin Cash. The important components of a blockchain system are Nodes, Miners/Validator, Consensus. Can you name some features of the Blockchain technology? Decentralized: In Blockchain, the transactions are not stored in a centralized server. Instead, a copy of all the transactions taking place in the system is shared with every node. So even if a…
Continuing its crackdown on North Korea’s efforts to infiltrate U.S. companies, the Treasury Department has sanctioned two individuals and four entities for aiding malicious IT workers in infiltrating crypto firms. A North Korean national, Song Kum Hyok, and a Russian national, Gayk Asatryan, have been sanctioned by the Treasury’s Office of Foreign Assets Control for their roles in supporting North Korean IT worker operations targeting the crypto sector. According to OFAC, Song Kum Hyok has ties to North Korea’s Reconnaissance General Bureau (RGB) and its subordinate hacking unit Andariel. He has been accused of creating fake identities using stolen U.S.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As crypto investors move beyond hype, platforms like SAVVY MINING are gaining attention for offering steady, market-free returns through automated cloud mining. With Solana (SOL) continuing to expand in the blockchain field, Ripple (XRP) being widely used in cross-border payments in Asia, and Dogecoin (DOGE) regaining the attention of retail investors, the enthusiasm for cryptocurrencies has been rekindled. But behind the hustle and bustle, more and more investors are beginning to change their minds, no longer paying attention to…
CRO price staged a powerful rally Tuesday, climbing over 20% after news broke of its inclusion in a proposed Trump Media-backed Blue Chip ETF, sparking renewed bullish momentum for the embattled token. Cronos (CRO) surged over 20% on Tuesday after Trump Media and Technology Group filed with the U.S. Securities and Exchange Commission to launch a Blue Chip ETF that includes CRO alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP). Notably, Cronos received a 5% allocation, which is more than Ripple’s 2%. If approved, the ETF will be listed on NYSE Arca and its assets will be custodied…
U.S. authorities have charged two men for running a crypto investment scam that defrauded thousands of investors. According to an indictment unsealed on Monday, co-founders Michael Shannon Sims and Juan Carlos Reynoso launched the fake investment platform in 2019, ran the scheme for several years, and pulled in more than $650 million before it collapsed. Called OmegaPro, the platform promised investors up to 300% returns in 16 months, claiming elite traders were generating profits through forex markets. The funds were collected in crypto, moved through wallets controlled by insiders, and then quietly paid out to top promoters. To make the…