Crypto News
Moonpay Acquires Solana-Focused Crypto Payment Processor Helio
Moonpay, one of the largest crypto onramps, has recently acquired Helio, a Solana-focused payment processor. With the deal, Helio will remain a separate brand, operating as a Moonpay subsidiary, with its employees becoming shareholders. Moonpay Acquires Helio in $175 Million Deal Moonpay, one of the leading crypto onramps, has announced the acquisition of Helio, aSource link
NFT Market Hits Three-Year Low in Trading and Sales: Report
Annual NFT trading volumes fell by 19%, while sales counts dipped by 18% compared to 2023, according to DappRadar.Source link
US, Japan, South Korea Unite to Target North Korea’s Crypto Crime Empire
The U.S., Japan, and South Korea have united to thwart North Korea’s crypto theft schemes, targeting billions in stolen funds fueling weapons programs and cybercrime operations. 3 Nations Join Forces to Shut Down North Korea’s Crypto Funding Machine The U.S., Japan, and South Korea have issued a joint warning against cryptocurrency thefts linked to theSource link
Stalled Stablecoin Supply Casts Doubt on BTC’s Bullish Recovery as U.S. Inflation Report Looms
Bitcoin's (BTC) rapid recovery from below $90,000 since Monday hints at bullish prospects. However, one factor casts doubt on the sustainability of these gains, indicating scope for significant downside volatility if the impending U.S. inflation data comes in hotter-than-expected on Wednesday.That factor is the supply of major stablecoins, which has stalled, indicating the absence of fresh capital inflows into the market. Data tracked by Glassnode shows that the supply of the top four stablecoins by market value – USDT, USDC, BUSD and DAI – has stabilized around $189 billion, representing a 30-day net change of just 0.37%.Stablecoins are cryptocurrencies with values pegged to an external reference like the U.S. dollar. These tokens are widely used to fund cryptocurrency purchases and...
Conflux (CFX) Invites Community Participation in New Bug Bounty Program
Conflux (CFX) has launched a Bug Bounty Program, encouraging community members to report issues and suggest improvements, with rewards ranging from 10 to 500 CFX. (Read More)Source link