Stepn, a crypto project that lets users earn crypto for running, plans to launch a suite of new features, including an achievement and badge system, “soon.” The project’s COO Shiti Manghani told Decrypt that if “GMT is at the center of the solar system, we want to add value and capture value back to GMT through all of our products.”…
press release PRESS RELEASE. LBank; a leading token-to-token crypto exchange, has partnered with Encryptus Europe UAB; a licensed crypto and fiat infrastructure company, to streamline their crypto to payouts in 100+ countries. After this integration, LBank will be able to offer to their users off ramps in the form of bank wires, gift cards, mobile top-ups and data plans without…
LedgerX, a trading platform offering derivatives products based on Bitcoin and Ethereum cryptocurrencies, is no longer using Silvergate Bank to receive domestic wire transfers, according to a Bloomberg report. Going forward, LedgerX will use Signature Bank instead, the company said in an email to customers. LedgerX was acquired by FTX.US in 2021 and was one of the few Sam Bankman-Fried-linked…
The founders of the troubled cryptocurrency lender Hodlnaut are trying to save the business despite creditors insisting on its liquidation. On Feb. 28, Hodlnaut’s interim judicial managers released the sixth affidavit of Hodlnaut co-founder Simon Lee reportedly stating the company’s founders proposed selling the business as a better option for creditors than liquidating the firm. According to a report by…
French lawmakers have approved a set of stricter rules for crypto companies, which now only need the approval of President Emmanuel Macron to be signed into law. Members of the country’s National Assembly voted 109 to 71 to adopt a package of European Union laws, which include an amendment imposing tighter requirements on new players looking to get in on…
Crypto ATMs — one of the key infrastructure pillars for the mass adoption of cryptocurrencies — have seen a drastic reduction this year. In the first two months of 2023, the net cryptocurrency ATMs installed globally reduced by 412 machines. Since 2014, the total number of crypto ATMs maintained a steady upward trajectory while catering to millions of users worldwide…
Bitcoin (BTC) millionaires are made when the BTC price crosses $20,000, data reveals. According to on-chain analytics firm Glassnode, there are currently over 67,000 BTC wallets worth $1 million or more. $20,000 makes 50-BTC hodlers happy Bitcoin is famous for its relationship with the $20,000 price tag. Prominent since becoming the all-time high of Bitcoin’s previous halving cycle, $20,000 is…
At least one metaverse executive hasn’t tired of insisting the digital realm remain open to all. The Sandbox COO and co-founder Sebastien Borget highlighted how other metaverse firms like Roblox and Fortnite do not allow users to move their digital assets between platforms freely. “That’s why we still need to say ‘open metaverse’ in opposition to the closed-walled garden platform,”…
Two Zimbabwean startups, Flexid and Uhuru Wallet, recently launched a platform that offers digital identity and remittance services to migrants living and working in South Africa. The two startups hailed what they’ve described as the “first cross-chain collaboration between the two companies.” Harnessing the Benefits of the Blockchain The Zimbabwean blockchain startup Flex ID and the South Africa-based Whatsapp remittance…
Jack Dorsey, co-founder of the online microblogging service Twitter, is progressing with Bluesky, a decentralized Twitter alternative, as its mobile application is now being tested in private beta. Bluesky has hit the App Store as an invite-only app, allowing certain persons to try out the new social experience by creating an account via an invite code. According to a report…
