Category: Media Patrons

Bitcoin Hits $100K as Coinbase CEO Calls for Global Strategic Reserves

Vortex Cryptonews

Armstrong highlights Bitcoin’s growth over the past 12 years. Spencer Hakimian praises Bitcoin’s wealth-building potential. Coinbase CEO has urged all governments worldwide to consider adopting Bitcoin as a strategic reserve. Armstong this on his X page on December 4, providing insight into BTC’s performance over the last 12 years. His appraisal of the digital asset comes after the coin hit the $100,000 mark. Brian revealed how a $100 BTC investment in June 2012, the year was founded, would now be worth $1.5 million. In contrast, $100 held in cash would…

Binance Report: Ethereum’s Market Share Hits 2021 Low, Altcoin Dominance Surges to 28.2%

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Ethereum’s market share drops to 13.1% amid competition from altcoins like Solana, which grew 131.7% in 2024. The Dencun upgrade reduced Layer 2 fees but led to Ethereum’s lowest Layer 1 fee revenue in years. Future upgrades, like Pectra, target scalability, but Ethereum faces rising app-chain and alt-L1 competition. Binance Research recently published a report titled “”, analyzing Ethereum’s shifting role in the crypto ecosystem and exploring major trends influencing its value. According to the report, Ethereum has been a cornerstone of the blockchain revolution, but its place in the…

Bank of England Looks to Boost Digital Pound Privacy with ZK-Proof

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The Bank of England highlighted the potential for ZK-Proof to make the Digital Pound private as current digital currencies. The central bank has been exploring the creation of a Digital Pound collaborating with the Massachusetts Institute of Technology’s Digital Currency Initiative. Public consultations continue, with a decision on launching the digital currency still pending. The is now testing emerging privacy technologies like ZK-Proof aka zero-knowledge proofs, and integrating it into the Digital Pound ecosystem, to boost the security of its central bank digital currency (). In its recent report dubbed…

Brazil’s Banking Giant Itaú Opens Bitcoin and Ethereum Trading to 50M+ Customers

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Itaú Unibanco launches cryptocurrency trading through Ion app with a minimum investment of R$10 and a 2.5% transaction fee per operation. The bank has registered a 300% monthly volume increase since launching its crypto platform in 2023, with a 30% growth in new customers in the last month. The institution offers two applications: Superapp for novice traders and Ion for users with basic web3 knowledge, both featuring the bank’s in-house custody services. Itaú Unibanco Holding S.A (Brazil: ITUB3) today the expansion of its cryptocurrency services by introducing a new trading…

Binance Unveils First Five Blockchain Projects on Binance Alpha

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Binance Alpha has welcomed the first five projects: KOMA, APX, ai16z, AIXBT, and Cheems on its platform. These projects span multiple blockchains, including Solana, Ethereum, and BNB Chain, and offer diverse solutions in the blockchain ecosystem. Some projects featured on Binance Alpha may later be listed on Binance’s global trading platform. , the world’s largest cryptocurrency exchange, has introduced the selected projects for its new blockchain initiative Binance Alpha. Developed within the Binance ecosystem, the platform aims to provide users with early access to promising projects in their initial stages,…

Chainlink’s LINK Token Hits 2021 Highs Following Trump-Backed World Liberty Financial’s Major Buy

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World Liberty Financial invested $2 million in LINK, boosting market confidence. LINK price surged 112% since initial investments, nearing $30 per token. Chainlink’s LINK token is back to the levels it once enjoyed in 2021 following a recent price rally. However, the rally has been linked to a recent move by World Liberty Financial after the platform, which is backed by the Trump family, invested heavily in the token. On Thursday, and for the second consecutive day, World Liberty Financial $1 million worth of LINK. This brings the platform’s total…

Merflodex – Fast, Secure, and Private Crypto-to-Crypto Swaps

Vortex Cryptonews

Merflodex: Unlock the Power of Fast and Secure Crypto-to-Crypto Exchanges As the world of cryptocurrency continues to expand, users demand reliable platforms for seamless digital asset exchanges. Merflodex offers a secure and efficient solution for crypto-to-crypto trading, with a focus on speed, privacy, and ease of use. Operating in 53 countries for over three years, Merflodex has earned the trust of crypto enthusiasts worldwide. Why Merflodex Stands Out in the Crypto Space 1. Exclusively Crypto-to-Crypto Merflodex is designed to facilitate quick and easy crypto-to-crypto swaps, eliminating the need for fiat…

Algorand (ALGO) Aims to Retest Its 5-Year ATH amid Rising On-chain Activities

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The Algorand network intends to launch staking rewards before the end of this year with a minimum of 30K ALGO for solo stakers. ALGO price has rallied to a 31-month high, thus indicating the onset of its macro bull run. The total crypto market cap has surged to the highest level of about $3.71 trillion since inception majorly fueled by the altcoin industry. The TOTAL2 market cap, which excludes Ethereum , surged to a new all-time high earlier today of above $1.1 trillion. Consequently, more investors have rushed to undervalued…

Bitcoin ATM Operator Byte Federal Says 58K Users Were Affected by Massive Data Breach

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The company confirmed that no user funds were stolen during the data breach that happened in September. Stolen user data could be sold on darknet marketplaces and potentially lead to further fraudulent activities. Byte Federal Inc, one of the largest operators of automated teller machines (ATMs) for Bitcoin in the United States, has announced that up to 58K customers were affected by a major data breach that occurred on September 30, 2024, but was discovered on November 18. According to a to the office of the Maine Attorney General submitted…

BNB Chain Unveils Template to Drive Web3 Innovation

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Binance-backed BNB Chain has unveiled plans to back new projects. The protocol aims to compete with top rivals in several key markets like memecoin and DeFi. BNB Chain sponsors a hackathon to identify new talents and promising projects. In a recent , BNB Chain discussed how it has emerged as a hub that provides developers with the tools and infrastructure required to innovate and thrive. It is the backbone of several Decentralized Applications (dApps) and smart contracts. As a result, it is designed to promote growth in (DeFi) and even…