Cryptocurrency

SwissBorg, a leading European cryptocurrency investment platform, is proud to announce its full compliance with the Financial Conduct Authority’s (FCA) stringent rules on financial promotions in the UK. One of a few cryptocurrency platforms to ensure such compliance in the UK, SwissBorg ensures that UK users are equipped with the necessary knowledge and skills to navigate the world of cryptocurrency investments.SwissBorg has implemented robust measures to comply with the UK’s financial promotions regulation, emphasising user education and protection. As part of this commitment, all UK users are required to complete financial risk assessments forms before starting their investment journeys with SwissBorg. These steps are designed to ensure that users possess the basic investing skills needed to make informed decisions in the sometimes volatile crypto market.In addition to the educational initiatives, SwissBorg continues to innovate its platform, providing users with advanced tools and features to optimise their investment strategies and operate in the world of decentralised finance (DeFi). The platform’s user-centric design and commitment to transparency have earned it a strong reputation among crypto enthusiasts worldwide.As SwissBorg opens its doors to the UK community, it reiterates its mission to democratise wealth management by making it fun, fair, and community-centric. The company’s adherence to regulatory standards underscores its dedication to building a sustainable and trustworthy crypto investment ecosystem.For more information about SwissBorg and its services, users can visit www.swissborg.com.About SwissBorgSwissBorg is a leading blockchain-based wealth management platform and app offering innovative solutions to democratise wealth management by making it fun, fair, and community-centric. Engineered in Lausanne, Switzerland, SwissBorg leverages the power of blockchain technology, its Smart Engine (an exchange aggregator) and decentralised finance (DeFi) to provide users with a wide range of financial products and services.ContactMrMicah [email protected] article was originally published on Chainwire More

In the interview, Mow stated that this approach is hardly going to work. However, he continued, the question is how long they will be trying to achieve the result they are seeking. Taking Nigeria as an example, Mow said that the country launched its CBDC, called eNaira, and told the population that using it was completely optional and that eNaira was launched “for your convenience, security and safety.”However, when the country’s population showed hardly any interest to it, the first cash withdrawals from ATMs were limited from the ATMs. This has resulted in the government chasing crypto on and off-ramps and attempting to penalize cryptocurrency exchanges operating within the country.It does not really work, Mow believes, since information cannot be stopped, he stated, and “Bitcoin is unstoppable.” Now, the Jan3 boss wonders if the government of Nigeria intends to put people in jail for owning Bitcoin or not.Mow is concerned about whether countries are going to turn into totalitarian or authoritarian regimes now, in an attempt to stop people from using Bitcoin and crypto in general.Back then, Mow tweeted that the ETFs began to create a Bitcoin demand shock, which would inevitably meet the Bitcoin supply shock to be created by the halving.This article was originally published on U.Today More

One of the tweets that Musk shared in connection with this was a jokingly created screenshot of Buffett’s tweet, which stated “hodl.”What the legendary stock investor allegedly posted to persuade the company’s shareholders not to sell BRYN was “hodl” – a meme that originated in the misspelling of the word “hold” and then turned into a popular acronym in the crypto community, standing for “hold on for dear life.”Musk responded with a “face with tears of joy” emoji. The crypto community appreciated Musk’s reaction and the repost he made, getting excited and beginning to jest about Warren Buffett and the technical issue that Berkshire Hathaway became a victim of. Many stated that this screenshot with “hodl” on it was a fake and began to discuss the situation with Buffett’s company.Musk also reposted a tweet by the Zerohedge news outlet, which also commented on the situation with the tech glitch on the Bloomberg Terminal, stating, “What can possibly go wrong when you have AI reporting on every market move.” The screenshot of the display showed that Berkshire Hathaway A-Class stocks suddenly plunged from $624,400 to $185.10 per share.The humorous reaction of the crypto community was caused by the fact that Warren Buffett is a rigorous Bitcoin hater.Trading was then paused for those shares. The glitch also hit the share price of Barrick Gold (NYSE:GOLD) and Nuscale Power, among 40 assets. According to the NYSE, the technical difficulties were caused by price-bands published by the Consolidated Tape Association – a popular tool provided by this organization and used by many large market trading venues.This article was originally published on U.Today More

iExec’s latest dev tool empowers Web3 developers to build apps that enhance user control over their digital assets and maximize monetization potential. iExec, the company with the platform to build, own, and monetize in Web3, has announced the release of an upgrade to their DataProtector dev tool, dubbed the ‘Monetize Version’. This latest innovation introduces an upgrade that offers new methods for Web3 developers, DApp users, and content creators to manage and monetize their digital assets.Since its inception in 2016, iExec has been a pioneer in offering solutions that prioritize data protection and ownership. The updated DataProtector ‘Monetize Version’ reaffirms iExec’s dedication to innovation, delivering powerful tools that give developers the means to return control over digital assets to their users. The enhanced tool enables decentralized application (DApp) users to maximize the monetization potential of their data, content, and other digital assets.Simplifying the Development of DApps with Enhanced User Ownership and Monetization Control Building on the original iExec DataProtector developer tool, this new version introduces the DataProtectorSharing module. This expands the toolkit with new SDKs offering a range of monetization strategies that simplify the sharing, distribution, and earning from digital assets. Transactions are secured by Confidential Computing hardware encryption and orchestrated via iExec’s specialized DataProtectorSharing smart contract. Monetization is streamlined through the use of RLC, iExec’s native cryptocurrency, ensuring secure and transparent transactions on the network.The DataProtector ‘Monetize Version’ Puts DApp Users in Control of Their Data Impact on the Web3 communityThe new ‘Monetize Version’ of DataProtector dev tools significantly enriches the Web3 community by boosting greater interaction and collaboration. This innovation supports a more dynamic and interactive ecosystem, where users can confidently manage, share, and monetize their digital assets. By promoting a culture of collaboration and innovation, this tool contributes to the collective growth and dynamism of the Web3 landscape.About iExeciExec is for Web3 builders who believe that users should have full control over the ownership of their data. By creating cutting-edge decentralized developer tools, iExec empowers developers to build Web3 applications that prioritize data ownership, privacy, and monetization.With transparent access to TEE infrastructure (such as Intel SGX) and advanced Confidential Computing, iExec ensures that data remains secure during processing, even from the operators of the nodes themselves. This secure framework provides users with full control over their data, dictating who can access it and for what purpose. iExec also facilitates data ownership through NFTs, enabling users to monetize their digital assets via selling, renting, or offering subscriptions. With direct monetization built into the protocol, developers earn RLC every time their app is used. Compatible with popular programming languages, iExec offers the flexibility and robust security essential to pioneer the future of Web3. For developers valuing privacy, ownership, and monetization, iExec presents a compelling platform.Developers and creators can visit the iExec Developer Portal for detailed documentation and tutorials on the DataProtectorSharing module.Developers and creators can also follow iExec on X to stay up to date on developments and developer funding opportunities.ContactCommunication ManagerTina [email protected] article was originally published on Chainwire More

$COOKIE, the governance and utility token from the Cookie Ecosystem, is set to launch on June 13th, 2024, at 10 am UTC. The $COOKIE listing comes after the token has secured $5.5M funding, including a $3.3M seed and strategic rounds, which saw investments from top Web3 VCs such as Animoca Brands, Spartan Group, Mapleblock Capital, and Castrum Capital.The Cookie DAO, a collective of individuals supporting MarketingFi, announced that the $COOKIE token will launch on June 13th, 2024, at 10 am UTC. $COOKIE is the first MarketingFi token with a multi-airdrops utility across Cookie3 platforms and an increasing demand mechanism linked to AI data credits redeemable with $COOKIE only.$COOKIE Launches with a Strong List of Seed, Strategic, and Angel InvestorsThe $COOKIE launch news comes together with an announcement of successful Seed and Strategic rounds $COOKIE has conducted, collecting $0.5 and $2.8M, respectively. The Seed round $COOKIE investors comprised Web3’s top VCs, including Spartan Group, Baboon VC, GSR, Hartmann Capital, and Poolside.Animoca Brands led the $2.5M strategic round, which included other strategic investors such as Mapleblock Capital, Castrum Capital, Founderheads, Unreal Capital, Oddiyana Ventures, ChainGPT Labs, SkyVision Capital (SVC), New Tribe Capital, Undefined Capital, and Kangaroo Capital. $COOKIEs: ChainGPT Pad and Polkastarter IDOs$COOKIE has raised $5.5M in total, with a $800K round open to the public through IDOs conducted on Polkastarter and ChainGPT Pad. The Polkastarter IDO registration is now closed, and ChainGPT Pad IDO registrations will open on June 5th, 2024. The IDOs will take place on June 12th and 11th, respectively.The $COOKIE token has several unique utilities within the Cookie Ecosystem – an ecosystem independently developed by both (i) Cookie3 Project creators and (ii) the community gathered around the solution – Cookie DAO. In addition to governance and staking utilities, $COOKIE garners several unique utilities related to the Cookie3 technology and platforms. The Cookie Ecosystem has allowed the $COOKIE token to issue endless airdrops to its stakes from projects using the Cookie3 platforms. This utility stems directly from the agreement between the Cookie DAO and Cookie3, which allows Cookie3 to give a proportion of tokens gathered from Cookie3 Airdrop Shield, Cookie3 Affiliate, and Cookie3 Score to the Cookie DAO, which then airdrops the tokens to $COOKIE stakers who express interest and conduct specific activities to support in these projects. Furthermore, $COOKIE will become a native in-platform token exchangeable for AI data credits within the Cookie Ecosystem, which, with the rising need for AI analytics on Web3 data, coils create a naturally growing demand for $COOKIE.About Cookie DAOThe Cookie DAO is a collective of MarketingFi enthusiasts aiming to bolster decentralization through innovative blockchain solutions. It created the $COOKIE token and injected it into the Cookie3 ecosystem to drive the MarketingFi ethos forward through governance and tokenized support. Anyone can become a member of the Cookie DAO. The sole requirement is to believe in MarketingFi and want to drive the MarketingFi economy forward. Cookie DAO members are can hold and stake $COOKIE for access to potential additional rewards and voting rights on matters relating to the Cookie DAO’s treasury and future.For more information, users can visit cookie.communityAbout Cookie3Together with Cookie DAO, Cookie3 constitutes the Cookie Ecosystem. Cookie3 pioneers MarketingFi with an AI Data Layer— a transparent marketing economy unlocking value for Web3 users, creators, and businesses, with over 300 dapps such as Kyber Swap, Mantle, Polkastarter, Linea, GameSwift, eesee, and Insomnia Labs already using Cookie3 technology. To realize its mission, Cookie3 is building a set of MarketingFi platforms and Web3 AI marketing solutions that connect projects with the right audiences, creating profitable opportunities for both. Cookie3 uses off- and on-chain analytics alongside a Web3 AI data layer to ensure only valuable user and project interactions benefit from the MarketingFi ecosystem. In an economy where lines between business owners, investors, and consumers are blurred, effective marketing becomes collaborative, and value flows freely between all stakeholders. With its unique set of tools, Cookie3 is positioned to become the Google (NASDAQ:GOOGL) Analytics of Web3.For more information, users can visit cookie3.comContactCookie [email protected] article was originally published on Chainwire More

Polkadot Blockchain Academy (PBA) has announced the launch of its highly anticipated fifth cohort in Singapore, commencing on May 20, 2024. A leading institution in blockchain education, PBA aims to nurture developer talent and advance the Polkadot ecosystem.Building on the success of its previous programs, the fifth cohort in Singapore promises to deliver an enriching learning experience for participants. With the support of 18 experienced instructors, students can expect top-tier instruction and personalized guidance throughout the program.The upcoming cohort will feature approximately 184 lecture hours, providing students with a deep understanding of blockchain technology and Polkadot. From fundamental concepts to advanced techniques, the curriculum covers a wide range of topics essential for success in blockchain development. Modules include Economics, Governance, Smart Contracts, and Polkadot-SDK.Pauline Cohen Vorms, CEO and CO-Founder of Polkadot Blockchain Academy, said: “Asia is such a dynamic market for blockchain and especially for Polkadot. Some of our strongest projects, contributors, developers and founders are based in Asia. It’s an important region that is ideally suited to the establishment of PBA’s fifth cohort to educate, seed knowledge, and help graduate a new wave of talent.” As part of its commitment to accessibility and inclusivity, PBA is pioneering a synchronous remote learning experience, allowing students from around the world to participate in its renowned educational programs. The Academy’s dedication to excellence and commitment to fostering collaboration and learning make it a cornerstone of the Polkadot ecosystem.About Polkadot Blockchain AcademyThe Polkadot Blockchain Academy aims to support Polkadot’s journey to success by nurturing a strong developer community and providing essential educational resources. Its educational program covers the conceptual underpinnings and the hands-on application of blockchain technology. Learn more: polkadot.academyContactSenior Communications ManagerAlexandraPolkadot [email protected] article was originally published on Chainwire More

Bitcoin slipped 0.3% in the past 24 hours to $68,889.5 by 08:55 ET (12:55 GMT). The world’s largest cryptocurrency was now about 2% away from breaking out of a $60,000 to $70,000 trading range seen since mid-March.But whether the token could consistently maintain levels above $70,000 remained to be seen.Data from digital asset manager CoinShares showed on Monday that digital asset investment products saw inflows for a fourth straight week in the seven days to June 3.This brought total inflows in May to $2 billion. Bitcoin commanded a bulk of these inflows, while world no.2 token Ether saw increased capital inflows after the Securities and Exchange Commission approved the listing of exchange-traded funds that directly track Ether. The inflows signaled some improved sentiment towards crypto, after the space was hit with extended outflows through April. But overall trading volumes and daily turnover in crypto investment products still remained weak.Still, more countries were seen approving spot ETFs tracking cryptocurrencies. A spot Bitcoin ETF went live in Australia on Tuesday, following a similar phenomenon in Hong Kong last month.Broader cryptocurrency markets clocked some gains this week, as appetite for risk-driven assets improved on the prospect of eventual rate cuts by the Federal Reserve.Weak U.S. purchasing managers index data saw traders ramp up bets on a September rate cut. Lower rates bode well for risk-heavy, speculative assets such as cryptocurrencies.Gains across broader crypto markets came on Tuesday after speculation over interest rate cuts dragged the dollar to two-month lows.World no. 2 token Ether fell 1.4% to $3,754.04, seeing some profit-taking after rallying sharply through May. Solana rose 0.6% and XRP added 0.2%. Among memecoins, Investing.com Shiba Inu Index and DOGE/USD lost 4.3% and 2%, respectively, also seeing some profit-taking after strong gains in May.Crypto brokerage firm Bitpanda has teamed up with Deutsche Bank to handle fiat deposits and withdrawals for its users in Germany, per a Tuesday announcement.The partnership enables Bitpanda users to access German international bank account numbers (IBANs), facilitating the conversion between crypto and fiat currencies. Deutsche Bank will support both incoming and outgoing transactions for Bitpanda.”Bringing the best parts of the industry together is where we can create real value for people … From today, we can access a range of Deutsche Bank’s products, unlocking benefits for our team and our users,” said Lukas Enzersdorfer-Konrad, Bitpanda’s deputy CEO.Earlier in April, Bitpanda also partnered with Landesbank Baden-Württemberg (LBBW), Germany’s largest state-backed lender, to offer crypto custody services, which will launch in the second half of this year.Deutsche Bank has been expanding its involvement in crypto and tokenization, having added these services to its offerings last year through a partnership with Taurus. More

The largest cryptocurrency by market value was recently trading around $68,680, down 1% over the past 24 hours, while Ethereum (ETH) dropped to just below $3,800.Bitcoin and the broader cryptocurrency market have spent more than two months in sideways movements since March, when Bitcoin reached a record high of over $73,000.Bitfinex analysts stated in a market update on Monday this correction phase now appears to be nearing its end.According to the report, selling by long-term Bitcoin holders was a major factor in the correction from its all-time highs, but blockchain data indicates that these holders have started to re-accumulate Bitcoin for the first time since December 2023.Bitfinex analysts, citing CryptoQuant data, added that the number of new addresses holding Bitcoin and Ethereum has also increased over the past month, signaling rising bullish sentiment despite stable prices.Meanwhile, Swissblock, a cryptocurrency analytics firm, noted that the $70,000 and $73,000 levels form significant resistance capping Bitcoin’s price. Swissblock stated in a report: Short-term pullbacks are treated as buying opportunities, with the $67,000 level proving to be reliable support.Joshua Lim, co-founder of Arbelos Markets, said the coming week “could be interesting to watch” with key inflation data and the Federal Reserve meeting that could fuel volatility in either direction. More