CoinsCipher
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CoinsCipher is a notable platform dedicated to providing current cryptocurrency news, analysis, and trends. Offering an array of informative guides and articles on topics like DeFi, MetaMask, NFTs, and notable cryptocurrency exchanges, it serves as a reputable source for crypto-enthusiasts to stay updated and educated in the crypto space.
CoinsCipher
1w ago
VVS2 clarity diamonds represent the pinnacle of gemstone quality, offering exceptional purity and value. These stones, with inclusions barely visible under 10x magnification, are highly sought-after in the diamond market. This guide provides comprehensive information on VVS2 diamonds, their characteristics, value, and comparisons to other clarity on the diamond clarity chart, including flawless diamonds and ..read more
CoinsCipher
1M ago
Diamonds have captivated human imagination for centuries, symbolizing love, luxury, and enduring beauty. Whether you’re in the market for an engagement ring or looking to invest in precious stones, understanding how diamond prices are determined is crucial. Our Diamond Price Calculator is designed to give you a reasonable estimate of a diamond’s value based on ..read more
CoinsCipher
3M ago
Sony Corporation has announced plans to revive the crypto exchange Whalefin, which it acquired from Amber Group in 2023. The acquisition, initially reported by Wu Blockchain and later detailed by the Block, marks Sony’s significant entry into the burgeoning crypto market.
Whalefin, now under Sony’s umbrella through its subsidiary Quetta Web, was previously owned by Amber Japan, formerly DeCurret, before its acquisition by Amber Group in 2022. This acquisition, although the financial terms remain undisclosed, underscores Sony’s commitment to expanding its footprint in the digital asset ecosyste ..read more
CoinsCipher
3M ago
Consensys, the company behind the popular crypto wallet MetaMask, has acquired Wallet Guard, a security tool designed to protect users from scams and theft. This move signifies Consensys’ commitment to improving user safety in the wake of rising cyber threats within the Web3 space.
Wallet Guard’s integration into MetaMask will bring advanced security features like scam and drainer detection. The Wallet Guard team will also join Consensys, specifically the MetaMask Product Safety Team, to ensure a smooth transition.
We’ve been on a mission to protect users since we started @wallet_guard, I’m ..read more
CoinsCipher
3M ago
The world of blockchain technology is heating up, with two rising stars – OpenLedger and Prodia – securing impressive seed funding rounds. This influx of capital fuels their innovative projects in artificial intelligence (AI) and distributed cloud computing.
OpenLedger, a blockchain company focused on permissionless and data-centric infrastructure for AI development, has secured a substantial $8 million in seed funding. This round was led by heavyweights Polychain Capital and Borderless Capital, alongside participation from notable investors like HashKey Capital, Finality Capital, and Polygon ..read more
CoinsCipher
3M ago
A Nigerian court adjourned the money laundering trial against cryptocurrency exchange Binance and two executives until July 5. The adjournment follows the cross-examination of the first witness from the country’s Securities and Exchange Commission (SEC).
During the hearing, it was revealed that Tigran Gambaryan, Binance’s head of financial crime compliance, hasn’t received medical records despite a court order for their release. Gambaryan’s family claims his health is deteriorating due to a month-old hospital visit with no documented follow-up. The judge reiterated a demand for the medical rec ..read more
CoinsCipher
3M ago
Paxos International, a prominent blockchain and tokenization platform, has received full regulatory approval from the Monetary Authority of Singapore (MAS) to launch a stablecoin in collaboration with DBS Bank, Southeast Asia’s largest bank.
The approval grants Paxos the status of a Major Payment Institution, allowing it to offer digital payment token services in Singapore under MAS’ upcoming regulatory framework. This marks Paxos’ third international market for stablecoin issuance, following clearances in the United States and the United Arab Emirates, as announced on July 1.
Paxos received ..read more
CoinsCipher
3M ago
In a strategic move following the closing bell at the Tokyo Stock Exchange on Monday, Japanese investment firm Metaplanet announced the acquisition of an additional 20.195 bitcoins for 1.65 billion yen ($10.2 million). This purchase increases Metaplanet’s total bitcoin holdings to 161.2677 BTC, valued at more than $10.1 million based on current market prices.
Metaplanet’s decision to bolster its bitcoin reserves comes after a previous commitment made on June 24, where the company’s board of directors approved a plan to invest 1 billion yen ($6.3 million) in bitcoin, financed through an upcomin ..read more
CoinsCipher
3M ago
The Philippines has become the first country to allow social security contributions to be paid in Tether (USDT), the world’s largest stablecoin.
The Social Security System (SSS), a state-run program that serves employees across all sectors, is now partnering with Tether to accept USDT payments via the TON blockchain. Uquid, a leading Web3 infrastructure firm, facilitates this collaboration.
Thank you @Tether_to for the support! Paying SSS contributions with USDT on @ton_blockchain via UQUID is the perfect example of how stablecoins like USDT and crypto in general can simplify and enhance ou ..read more
Polymarket Surpasses $100 Million Monthly Volume, Fueled by Intense US Presidential Election Betting
CoinsCipher
3M ago
In a milestone achievement for decentralized predictions platform Polymarket, June saw trading volumes soar to over $100 million, driven primarily by escalating bets on the outcome of the upcoming United States presidential election.
As of the latest data, bets totaling $203.3 million are actively placed in Polymarket’s “Presidential Election Winner 2024” market, featuring wagers split between “Yes” and “No” options across 17 prediction markets. Former President Donald Trump currently leads the odds, commanding a 62% probability of reclaiming the presidency, with a collective $24.7 million in ..read more