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Schwab, Citadel-backed digital assets firm EDX Markets launches Singapore services – Ledger Insights

  • May 9, 2024

On Tuesday EDXM Global announced it launched its settlement platform in Singapore. It’s a subsidiary of EDX Markets, the institutionally focused cryptocurrency exchange founded by Citadel Securities, Fidelity Digital Assets, Virtu Financial and Charles Schwab, alongside venture capital firms. Initially EDXM Global provides a settlement process for OTC transactions. It also plans to provide custody services, but we believe that requires a Singapore license.

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NOWPayments Enables Cryptocurrency Purchases of Tangem
Crypto

NOWPayments Enables Cryptocurrency Purchases of Tangem

  • May 9, 2024

Victoria, Seychelles , May 09, 2024 (GLOBE NEWSWIRE) — NOWPayments, a leading crypto payment gateway, is proud to announce a strategic partnership with Tangem, the world’s leading provider of  secure and easy-to-use hardware crypto wallets. This collaboration is set to revolutionize the way customers engage with digital currencies by enabling the purchase of Tangem wallets using

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Crypto

April Crypto Trading Volume Drops for First Time in Seven Months to $6.58T

  • May 9, 2024

Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from March’s record high of $9.12 trillion, according

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Crypto

Wells Notices, Crypto Payments and Usability

  • May 8, 2024

Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once feared they’d lost their collective billions, can now take solace from the news Tuesday (May 7) that FTX’s bankruptcy team is ready to repay them

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Crypto

3 Coins To Buy Under $0.5 in May 2024

  • May 7, 2024

The cryptocurrency market experienced the Bitcoin halving event last week where the supply of BTC was cut in half. The development makes Bitcoin scarcely available in the market at a time when there’s a huge demand for the cryptocurrency. As the demand for the cryptocurrency is high, the move could make its price sustainably scale up in the indices in May 2024.

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Crypto

Pair jailed for £5.7m cryptocurrency scam

  • May 7, 2024

Two men who stole more than £5.7m worth of cryptocurrency from victims all over the world have been jailed. Jake Lee, 38, from Charlcombe in Bath and James Heppel, 42, from Staverton in Wiltshire, both pleaded guilty to three counts of conspiracy to commit fraud. The South West Regional Organised Crime Unit (SWROCU) identified 55

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Crypto

Zambesigold Announces Launch of Gold-Backed Cryptocurrency

  • May 7, 2024

Zambesigold has put forth a new crypto token backed by physical gold reserves. It is a major development in the field of cryptocurrency that has combined precious tangible assets with digital currency. ZGD is unique as it secures its position in the asset-backed tokens through gold-backed cryptocurrency, gold holdings and the ongoing production of gold.

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Crypto

Vodafone is Bringing Crypto Payments to Mobile Wallets

  • May 6, 2024

Phone, keys, wallet. That’s the daily routine that tens of millions  if not billions — of people undergo each morning when checking their pockets or purses before they leave their homes to start the day.  And with the recent news that telecommunications giant Vodafone is planning to integrate cryptocurrency wallets and blockchain-based payment solutions directly into mobile phone

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Crypto

Bots Drive 90% of Stablecoin Transactions

  • May 6, 2024

Bots account for a vast majority of stablecoin transactions, recent Visa research shows. Fewer than 10% of these transactions come from genuine users, according to a new metric from Visa and Allium Labs, showing that just $149 billion of the $2.2 trillion in total transactions last month came from “organic payments activity.” The findings were flagged in a report Sunday (May 5)

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Investment

Crypto Rating Agency ARIA Creating a New Investment Risk Metric with Platform Launch

  • May 6, 2024

French-based platform ARIA has completed its Beta period, with whitelisted users having access to the platform from May 1st The Platform will be fully available to public subscribers on May 16th London, May 06, 2024 (GLOBE NEWSWIRE) — ARIA, an algorithmic rating and investment analysis platform for cryptocurrency, has today announced the launch of its

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