CryptoSoul

2023-06-08 11:00:09 Coinbase Has No Plans To Shut Down Staking Or Delist Tokens

Coinbase’s Chief Executive Officer Brian Armstrong has revealed that the Securities and Exchange Commission’s lawsuit against his company will have no impact on its operations. Armstrong confirmed that the largest crypto exchange in the United States will not shut down its staking services, which was one of the products that prompted the enforcement action from the SEC. 

Staking Program Accounts For 3% of Coinbase’s Net RevenueBrian Armstrong’s comments came a day after his exchange was sued by the SEC for operating as an unregistered securities exchange, broker, and clearing agency. While speaking at the Bloomberg Invest Conference earlier today, Armstrong revealed that Coinbase would continue offering staking services to its clients. The executive added that the staking program contributed 3% to the company’s overall net revenue. 

Even though this complaint came in from the SEC it’s really business as usual today,  we’re continuing to trade the assets that we have on our platform. We’re not going to wind down our staking service. Coinbase’s staking product is architected and built in a way to be compliant.  Ouvert / Commentaire

2023-06-04 13:37:37 ‌Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got my attention:

• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. My kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.

DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.

Rating: coinmarketcap
Buy: uniswap, mexc
Follow: twitter Ouvert / Commentaire

2023-05-06 11:00:06 Voyager Digital Plans To Start Repaying Creditors In The Coming Weeks

The stranded customers of Voyager Digital got some relief earlier today after the bankrupt crypto lender indicated that it may start repaying them in the next few weeks. Voyager Official Committee of Unsecured Creditors recently took to Twitter to announce that the company was deliberating the final liquidation procedures. 

Voyager Digital To File Final Liquidation Procedures On May 5According to a Twitter thread from Voyager’s Unsecured Creditors Committee, the bankrupt crypto lender and the committee is in the process of finalizing the liquidation procedures. The committee reminded its Twitter community that any plan for liquidating the firm’s assets are required to be filed before they come into effect. The liquidation procedure will lay out the details of the method by which creditors will receive the distribution from Voyager. 

Once the liquidation procedures are filed parties will have ten days to express any objection to the plan. In the event that any party objects, the bankruptcy court will schedule a hearing to consider the objection before allowing the crypto lender to go ahead with the liquidation. In case no objections are filed, Voyager Digital’s distribution plan will come into effect.  Ouvert / Commentaire

2023-04-05 11:00:33 Crypto Critic Jamie Dimon Issues Warning on Inflation, Says Fed Likely To Raise Rates Higher Than Expected

JPMorgan CEO and crypto critic Jamie Dimon is issuing a warning on inflation and a potential incoming economic crisis.

In Dimon’s latest annual letter to JPMorgan’s shareholders, he says that the US’ largest bank is prepared for potentially higher interest rates, and higher and longer-lasting inflation. Ouvert / Commentaire

2023-04-04 11:00:39 Why Avorak AI, SHIB Holders Put Forward Crypto Wallets Metamask and Trust Wallet

The world of cryptocurrencies has been growing and accelerated, with new coins and tokens being launched daily. Shiba Inu Coin and Avorak AI are two of the most popular cryptocurrencies in the market. They have gained much attention lately, and many holders are looking for secure and reliable ways to store their digital assets. This article will discuss three reasons why Shiba Inu and Avorak AI holders recommend Metamask and Trust Wallet crypto wallets.

Shiba InuShiba Inu Coin is a meme-based cryptocurrency that has gained a lot of attention in recent months. It was created in August 2020 and has since grown to become one of the most talked-about cryptocurrencies in the market. The coin’s popularity has been driven by its community, which promotes it on social media platforms.

Despite being a relatively new coin, Shiba Inu has already made significant gains in the market. In May 2021, the coin’s value increased by over 1,000% and has since maintained an impressive market capitalization. This has attracted a lot of new holders to the coin, who are looking for secure and reliable ways to store their digital assets. Ouvert / Commentaire

2023-03-04 11:00:46 The Shanghai Upgrade Is Unlikely to Spark Massive ETH Selling Pressure — Here’s Why

The crypto community has continued to fret over the likelihood of Ethereum validators mass-dumping their Ether as the Shanghai upgrade approaches.

The Shanghai upgrade, expected to roll out later this month or early April, will signify Ethereum’s transition to a full-fledged proof-of-stake system. It will also allow validators to withdraw their staked ether and rewards gained by staking their Ether on the beacon chain. Ouvert / Commentaire

2023-01-21 11:00:37 KEY3.id Supports Multi-Chain Transaction, Partnership With KuCoin Wallet, CoinHub Wallet and Wallet3 To Launch 2023 Lucky Transaction Campaign With Over 30,000 Participants on Social

KEY3.id recently announced the support of multi-chain transactions, including major public chains such as Ethereum, BSC, TRON, Polygon, BNB Chain, Solana and more. As the only DID on Ethereum chain to support multi-chain transactions, KEY3.id gained the support and access from wallets such as KuCoin Wallet, CoinHub Wallet and Wallet3 and exchanges such as Yibi to jointly launch the 2023 Lucky Transaction Campaign.The campaign generated mass buzz on Twitter, reaching over 30,000 participants for the draw to transfer 0.2023 USDT to the appointed DIDs of the wallet partners (2023kuwallet.did, coinhub.did, dagen.did) using the partnership wallets.

Users now can directly access DApps from different chains using KEY3.id’s .did domain name and blue-chip NFT bound DID to make transactions and send and receive tokens as well as NFTs. Ouvert / Commentaire

2022-12-16 11:00:48 Here’s How Binance’s Bitcoin and Stablecoin Reserves Compare to FTX’s Before the Collapse: Quant Analyst

The chief executive of on-chain insights platform CryptoQuant says that despite the current rumors surrounding Binance, the exchange’s stablecoin reserves still look quite different than FTX’s did prior to its collapse.

Ki Young Ju is responding to a Reuters story that broke earlier this week reporting that Binance and its CEO Changpeng Zhao are under federal investigation for potential money laundering violations. Ouvert / Commentaire

2022-11-13 11:01:05 Uncertainty Looms Amid Binance’s Failed Acquisition Of The FTX Crypto Exchange

On November 2, 2022, the Fed raised its key interest rates by 75 basis points for the fourth time this year, bringing the target range for the federal funds rate to 3.75 to 4 percent. Immediately following the Fed rate announcement, the price of Bitcoin remained above US$20,000, as the markets had anticipated an interest rate hike of this magnitude.

A few days following the latest Fed interest rate hike, the price of Bitcoin even rose to over US$ 21,000. However, the Bitcoin price rally was short-lived following insolvency rumours at the FTX crypto exchange. CoinDesk had reported that Alameda Research, a trading firm founded by Sam Bankman-Fried (SBF), founder and CEO of FTX, held a significant amount of FTT tokens on its balance sheet. Ouvert / Commentaire

2022-10-13 11:00:41 Celsius Mining Owes $5.4 Million In Hosting Fees Says Core Scientific, Crypto Miner After Legal Recovery

Summary:

Core scientific intends to pursue a claim against bankrupt crypto lender Celsius and the company’s mining business.A filing with the U.S. Securities and Exchange Commission on Wednesday said Core Scientific plans to “vigorously defend its interests” during the ongoing bankruptcy proceedings.The crypto miner claims that Celsius Mining owes around $5.4 million for hosting services.Legal counsel for the troubled crypto lender previously argued that Core Scientific violated bankruptcy protection by debt recovery. Core Scientific submitted a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday in line with the company’s plan to recover $5.4 million owed by Celsius Mining, the digital asset mining business attached to the bankrupt crypto lender.

The company runs crypto mining operations as well as hosting services as part of its revenue generation strategy. Prior to its chapter 11 bankruptcy filing in July 2022, Celsius and Core Scientific had an agreement where Core Scientific provided crypto hosting for the lender’s mining business. Ouvert / Commentaire