CRYPTO NEWS: Latest BITCOIN News, DEFI News, BINANCE News, RIPPLE News
Bitcoin fell below $ 11k again
Markets doubt the Fed’s ability to raise inflation
CoinDesk data shows that bitcoin‘s price fell to just under $ 10,900 during Asian trading hours – shortly after it rallied to nearly $ 11,100.
The dip is Bitcoin’s latest setback in addressing a key psychological hurdle and may be the result of prevailing doubts about the Fed’s ability to hit its 2% inflation target.
According to the official blog post, the liquidity mining pools in question – USDT, DAI, USDC and WBTC – will be open to receive UNI rewards that will allow them to earn 5 million in their own token, each over a period.
DeFi ParaSwap Raises $ 2.7 Million to Scale
The French DeFi project ParaSwap raised funds through a seed round funded by over 30 investors.
Decentralized finance continues to expand its presence in the crypto industry. According to DeFi Pulse, the total value of DeFi has reached nearly $ 10 billion. As part of this growth, ParaSwap aims to help developers of decentralized applications provide their users with a token exchange.
Bitcoin supply on Ethereum surpasses $ 1 billion
Over $ 1 Billion Bitcoin Has Been Tokenized On Ethereum
Wrapped bitcoin, the largest tokenized bitcoin project, has minted over 60,500 tokenized BTC since its launch in early 2019, accounting for over 65% of the total tokenized BTC.
According to Sam Bankman-Fried, CEO of FTX, “huge consumer demand” on an OTC basis is one of the reasons for the rapid increase in the supply of tokenized BTC.
“OKEx has not only added support for UNI spot trading, but it provides its users with the most complete set of trading products for this hot DeFi token, including margin, swap trading, margin perpetual swap and savings, making OKEx the first exchange to offer UNI derivatives.” – said in a message OKEx on Thursday.
OKEx adds UNI Uniswap token
Coinbase Pro will transfer Ethereum gas fees directly to its customers
Coinbase Pro Will Start Transferring Network Fees To Its Clients From Network Fees
The exchange said in a tweet that historically Coinbase Pro has absorbed these fees on behalf of its customers, but now it has referred to the fact that the wider adoption of cryptocurrency due to applications such as DeFi, payments and other projects has made the Ethereum network more congested, and overload cases were greater.
INX Exchange Uses Israeli Crypto Startup GK8 To Store Cryptocurrencies
The SEC-approved IPO holder prefers to store the cryptocurrency 100% offline.
INX tweeted that the platform will use the end-to-end GK8 platform to manage and protect digital assets. The platform includes GK8’s patented “air gap storage that can create, sign and send blockchain transactions while remaining 100% offline,” notes INX.
New Bitcoin Options App Raises $ 4.7 Million In Round Led By Pantera Capital
Bitcoin options mobile trading platform has received funding.
PowerTrade raised $ 4.7 million through a token sale in a round led by Pantera Capital, joined by Framework Ventures, CMS Holdings and QCP Capital, among others.
Wirex Introduces Multi-Currency Crypto Card with Mastercard Support
The new Wirex card will be linked to 19 crypto and fiat accounts in the Wirex app.
The Wirex multi-currency card will be supported by the Mastercard and linked to 19 crypto and fiat accounts in the Wirex app. No official release date has been announced yet.
According to an official statement from the Ministry of Justice, two Russians, Danil and Dmitry Karasavidi, used phishing and spoofing to trick exchanges and their users.
Ripple Partner MoneyGram Extends Its Monthly Series Due to Significant Transaction Growth
Ripple partner MoneyGram records another month of triple-digit growth in transactions
Leading remittance company MoneyGram recorded 162% growth in cross-border transactions in August compared to last year, according to a September 17 press release.
The company has reported three-digit growth for eight consecutive months.
However, it was unable to surpass the record 207 surge in transactions that was achieved last month.
MoneyGram recorded growth in transactions