by aria-crypto.com
November 25, 2024 at 09:37
Coinbase's Strategic Moves in Kenya and Wrapped Bitcoin's Market Resilience
Coinbase is actively pursuing a partnership with Kenya's Safaricom to integrate blockchain technology into the M-PESA service, aiming to boost crypto adoption in Kenya and Nigeria. This initiative is part of Coinbase's broader effort to collaborate with the Kenyan government on blockchain education and development, despite past regulatory challenges. Meanwhile, in the cryptocurrency market, Wrapped Bitcoin (WBTC) faced a sharp price drop and quick recovery after Coinbase delisted it. Initially introduced in 2019 to enhance Bitcoin's utility in decentralized finance, WBTC's price fell to $5,200 on Binance but managed to stabilize and was trading at an impressive $98,010 at the last update. This scenario underscores the persistent volatility and resilience of the cryptocurrency markets.
Irdeto, a sister company of Multichoice, has partnered with Coinbase to enhance efforts against the misuse of cryptocurrency in illicit activities. This collaboration aims to address the alarming rise of crypt...
The U.S. Securities and Exchange Commission (SEC) recently expressed reservations regarding the REX-Osprey proposal to launch staking exchange-traded funds (ETFs) for Ethereum and Solana. Rex Shares submitted ...
Recent discussions within the crypto community have intensified regarding the approval of spot ADA ETFs by the U.S. Securities and Exchange Commission (SEC). Dave, a prominent advocate for the Cardano network,...
JPMorgan CEO Jamie Dimon has reignited the debate over Bitcoin, urging the US government to prioritize military preparedness over accumulating cryptocurrency. Speaking at the Reagan National Economic Forum, Di...
The International Monetary Fund (IMF) has expressed serious concerns over Pakistan's plan to allocate 2,000 megawatts of power for Bitcoin mining and AI operations. This initiative aims to position Pakistan as...
In an innovative move, Brazilian company Méliuz has announced a share offering aimed at increasing its Bitcoin holdings. This strategy reflects a growing trend among businesses to diversify their portfolios wi...
The Kyrgyz Republic has announced the imminent launch of USDKG, a gold-backed stablecoin pegged to the U.S. dollar. Set to go live in the third quarter of 2025, USDKG will initially be supported by $500 millio...
Grayscale has officially launched its new Artificial Intelligence Crypto Sector, marking a significant development within the cryptocurrency landscape. This initiative outlines the increasing integration of de...
The ongoing legal battle regarding cryptocurrency data rights is gaining traction as the U.S. government urges the Supreme Court to dismiss a Coinbase user's challenge. The case revolves around James Harper, w...
Binance Japan has recently secured ISO/IEC 27001 and 27701 certifications, demonstrating its commitment to cybersecurity and privacy. These certifications validate Binance Japan's rigorous governance and contr...
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