Author: Vortex Cryptonews

Binance Increases Trading Limits Today and Expands BFUSD Features for Futures Users

Vortex Cryptonews

The upgrade will affect all Binance Futures users starting December 17, 2024. The updated framework nearly doubles the capacity for users across VIP levels 0 to 9. Virtual sub-accounts cannot directly purchase BFUSD but can transfer it from main accounts using specific commands. has a substantial increase in position limits for its futures platform users, specifically for those trading with BFUSD. The upgrade, scheduled for December 17, 2024, will affect all membership tiers, from basic accounts to premium traders. The exchange’s new framework nearly doubles the previous capacity across users…

BEAM Foundation and Partners to Launch $40M AI, Crypto Computing Initiative

Vortex Cryptonews

Aethir, Beam Foundation, and MetaStreet have joined forces to introduce Tactical Compute, a $40 million venture addressing compute shortages for AI and blockchain. The initiative will combine Aethir’s GPU network with Beam and MetaStreet’s expertise to reshape compute economics and support AI-driven applications. To address the growing demand for computing power in artificial intelligence (AI) and blockchain, Aethir, Beam Foundation, and MetaStreet have come together to introduce Tactical Compute (TACOM), a $40 million initiative. According to a on Friday, this tripartite collaboration aims to revolutionize how compute resources are accessed,…

BIT Mining Expands Crypto Operations in Ethiopia with $2.26M Acquisition of Data Centres

Vortex Cryptonews

BIT Mining successfully completed the first phase of its acquisition in Ethiopia, purchasing a 35 MW of mining capacity and nearly 18,000 BTC mining machines for $2.265 million cash payment, in addition to the issuance of 369 million shares. The company is set to expand further with an additional 51 MW of data centers scheduled to be operational by early 2025. BIT Mining, a leading cryptocurrency mining company, has made a significant move to expand its operations in Africa, successfully completing the first phase of its acquisition in Ethiopia. The…

BitGo Partners with Core Foundation to Unlock $2 Trillion Bitcoin Yield Opportunities

Vortex Cryptonews

BitGo and Core Foundation have joined forces to introduce a secure and scalable solution that unlocks $2 trillion in Bitcoin yield opportunities for institutions. The Dual Staking model offers tiered Bitcoin yield backed by transaction fees and long-term blockchain rewards. In a landmark collaboration, BitGo, a US-based digital asset custody firm, has partnered with Core Foundation, the nonprofit organization overseeing the growth and development of the Core blockchain to revolutionize institutional Bitcoin investments. the partnership on Monday, December 9, BitGo said the deal has introduced a secure and scalable solution…

BTC, ETH Dominate Investment Inflows, XRP ETF on Radar

Vortex Cryptonews

Bitcoin led with $2 billion in inflows, pushing total BTC inflows for 2024 to $11.5 billion. Ethereum ETFs saw $1 billion in inflows, maintaining momentum for the seventh consecutive week. XRP saw significant inflows of $145 million amid rising speculation around the approval of an XRP ETF. Crypto investment products registered net inflows for the tenth consecutive week with Bitcoin , and Ethereum dominating a major of the inflows. On the other hand, inflows into XRP also picked up pace amid the rising speculation of an XRP ETF approval. In…

Aptos Foundation Opens Regional Office in Abu Dhabi

Vortex Cryptonews

Aptos Foundation has expanded its global footprint with the launch of a new regional office in Abu Dhabi which will serve as a regional hub. The new office will focus on building partnerships and supporting blockchain projects within the Aptos ecosystem. The UAE’s progressive policies on blockchain and Web3 were a key factor in the foundation’s decision to establish a regional presence. The Aptos Foundation, a non-profit organization managing the Aptos blockchain, has announced the opening of its regional office in Abu Dhabi. This move is part of its broader…

Coinpinnaclex: A Premier Digital Asset Swap Platform

Vortex Cryptonews

Сoinpinnaclex: A Leading Crypto-to-Crypto Exchange . In the ever-evolving world of cryptocurrency, secure and efficient exchanges are crucial for traders and investors alike. Сoinpinnaclex has established itself as a premier crypto-to-crypto exchange, serving users across 50 countries for over three years. With its seamless trading experience, advanced security measures, and commitment to innovation, Сoinpinnaclex has become a trusted name in the digital asset exchange market. A True Crypto-to-Crypto Exchange with No Fiat Involvement Unlike many platforms that integrate fiat currencies, Сoinpinnaclex is exclusively dedicated to crypto-to-crypto transactions. This means users…

Top 5 Reasons ProfiSwap Is Ideal for Privacy-Focused Traders

Vortex Cryptonews

As the crypto industry becomes increasingly regulated and centralized, privacy is becoming a rare commodity. Major exchanges now demand your passport, selfies, proof of address — sometimes even your source of income — just to make a simple trade. But if you’re a trader who believes in the founding values of crypto — privacy, autonomy, and decentralization — you’ll want to avoid these platforms altogether. Here are 5 reasons why ProfiSwap is the ideal platform for privacy-conscious crypto users.   1. No KYC. Ever. ProfiSwap is one of the few…