Crypto News

WonderFi CEO Safe After Paying $720,000 Ransom to Kidnappers

“Client funds and data remain safe, and were not impacted by this incident," the CEO said about the incident in an email.Source link

TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions

PRESS RELEASE. Geneva, Switzerland, November 7, 2024 – TRON DAO has officially launched the TRON-Peg USD Coin on the TRON blockchain, an innovative cross-chain solution designed to streamline borderless transactions and broaden TRON’s stablecoin ecosystem. By facilitating seamless and efficient cross-chain transfers, TRON-Peg USD Coin expands the possibilities for users to leverage USDC across theSource link

Solana Tops $200 for First Time Since April, Following Trump Reelection

Solana breaks $200 for the first time since April 1, thanks to Donald Trump securing U.S. Presidential election.Source link

Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000

A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer nearly $30,000 to the federal government. The latest court decision came just a few months after other crypto firms, Paparaxy Global VenturesSource link

Crypto.com Unveils ‘Level up’ Rewards Program, Integrates New Service Suite

Singapore-based Crypto.com has unveiled its “Level Up” rewards program, seeking to deliver stocks, banking services, and cards under one roof. The company will integrate these new functionalities, offering 3% on stock deposit transfers, 7.5% rewards on idle cash balances, and 8% in uncapped rewards on card spending. With this move, including these new and improvedSource link