Crypto Currencies - FinTecBuzz

Zetrix/MYEG and MaiCapital Ink MoU to launch Virtual Asset Funds

April 24, 20244 min

Zetrix Foundation and MY E.G. Services Berhad (“MYEG”) signed a Memorandum of Understanding (MoU) with MaiCapital, a licensed virtual asset manager in Hong Kong, to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products. The MoU focuses on a collaboration to issue a Securities and Futures Commission of Hong Kong (SFC) approved ETF, which would consist of a basket of cryptocurrencies, such as Bitcoin and Zetrix, and potentially other suitable cryptocurrencies. This collaboration follows MYEG-developed...

by PRNewswire

Crypto Currencies

Middle East crypto market surges, daily traders up 166% in year

April 22, 20245 min

Bitget Research, the research arm of the world’s leading cryptocurrency exchange and Web3 company Bitget, has released an in-depth report on cryptocurrency adoption in the Middle East region. The document delves into key aspects influencing the rate of adoption, as well as their impact on user behavior. Key takeaways: In 2024, there was an average of 500,000 daily crypto traders locally, marking a 166% increase year-over-year. The UAE leads the region in crypto adoption, with 72% of local users investing in Bitcoin. Local countries predominantly rely on global centralized exchanges, with minimal demand...

by GlobeNewswire

Crypto Currencies

Introducing Golden Inu Token: The Future of Decentralized Finance

April 22, 20244 min

Golden Inu Token ($GOLDEN) bridges Binance Smart Chain & Ethereum, prioritizing decentralization & community empowerment in DeFi.

by PRNewswire

Crypto Currencies

CoinEx sponsors Token 2049 Dubai

April 19, 20242 min

CoinEx, a leading global cryptocurrency exchange, is honored to announce our sponsorship as a Gold Partner of Token 2049 Dubai on April 18-19, 2024. As one of the most influential blockchain and crypto events worldwide, Token 2049 gathers industry pioneers, investors, enterprises, developers, media, and other stakeholders to spark conversations that will shape the future of Web3. As a veteran exchange serving over 5 million users across 200+ countries, CoinEx is thrilled to participate in Token...

by PRNewswire

Crypto Currencies

Binance announced the launch of ‘Megadrop’

April 19, 20244 min

Binance, the leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume, announces the launch of ‘Megadrop’. This is a first-of-its-kind token launch platform with transparent rewards for eligible participants. Available on the global exchange from today, Megadrop reaffirms Binance’s dedication to pioneer innovative approaches that heighten user experiences and foster deeper engagement with the evolving crypto ecosystem. Designed exclusively for token generation events, Megadrop grants Binance users early access to selected Web3 projects before...

by PRNewswire

Crypto Currencies

XT.COM announces rebranding to “XT”

April 18, 20245 min

XT.COM, a leading cryptocurrency platform known for its stability, security, and commitment to innovation, is thrilled to announce its rebranding as “XT”. This marks a significant milestone in the company’s journey as it continues to evolve and serve its growing global community of cryptocurrency enthusiasts. Established in 2018, XT.COM has maintained an impeccable track record of stable and secure operations for six years, with zero safety incidents. Currently ranked among the top 16 exchanges on Coinmarketcap, XT.COM boasts a...

by PRNewswire

Crypto Currencies

BitoGroup’s strategic expansion doubles market reach in Taiwan

April 18, 20243 min

BitoGroup, the leading cryptocurrency market leader in Taiwan, has been driving the development of Bitcoin infrastructure and transactions since 2014, commanding a remarkable 90% market share in the country. With its performance doubling and an observed 50% increase in its active user base, BitoGroup is at the forefront of pioneering everyday crypto applications. It offers innovative services such as the ‘Points-to-Crypto’ service, crypto payment solutions, and cryptocurrency exchange services. Recognizing its dedication to innovation, BitoPro Exchange was honored with the prestigious Digital Innovation Award. The updated...

by BusinessWire

Crypto Currencies

XEROF launches web3 finance services bundle

April 17, 20243 min

XEROF, a Swiss cryptoasset fintech, announced the launch of its web3 services platform. Its new offerings, including third-party payments and investment solutions, are designed to reduce the frictions between digital and fiat currencies for web3 and crypto-native companies, in particular those who struggle to access fiat banking services. Web3 businesses must adjust to constantly changing market conditions in their treasuries of digital and fiat currencies. XEROF’s new payment service processes fiat or cryptocurrency payments for...

by PRNewswire

Crypto Currencies

Pi Network reaches 10M KYC’ed Global Users

April 16, 20245 min

The blockchain community also debuted several utilities for its cryptocurrency including Fireside Forum and Ad Network in the past year

by PRNewswire

Crypto Currencies

Margex expands Crypto Trading Options launching seven new pairs

April 16, 20243 min

Margex, a cryptocurrency trading platform boasting ultra-convenient and user-friendly copy trading, announces the addition of seven new trading pairs to its USDT offering. The new pairs are: FET/USDT,JASMY/USDT,ICP/USDT,FLOKI/USDT,TIA/USDT,AGIX/USDT,STRK/USDT These new listings provide Margex users with expanded opportunities for diversification and trading strategies within the stable USDT ecosystem. The inclusion of these prominent tokens, such as FET, JASMY, ICP, FLOKI, AGIX, TIA, and STRK, further demonstrates Margex’s commitment to offering a diverse range of assets to its global...

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